Molly Schuetz

France

News Editor and Team Leader at Bloomberg News

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Articles

Disney’s Iger Plans to Hold On to Traditional Television Networks

2 weeks ago | bloomberg.com | Molly Schuetz

Walt Disney Co. CEO Bob Iger(Bloomberg) -- Walt Disney Co. Chief Executive Officer Bob Iger said he has no plans to divest the company’s traditional TV assets, bucking a path pursued by rivals recently as consumers’ media preference shifts toward streaming. “We like the fact that we’re holding on to our linear assets,” Iger said in an interview on CNBC. “It makes us more competitive.”On Monday, Warner Bros. Discovery Inc.
EchoStar Skips Bond Payment as FCC’s 5G Probe Heats Up (1)

4 weeks ago | news.bloombergtax.com | Dorothy Ma |Molly Schuetz

EchoStar Corp., the wireless and pay-TV operator controlled by billionaire Charlie Ergen, skipped an interest payment due Friday because of uncertainty about a regulatory probe. The company said it won’t make a $326 million cash interest payment on its 10.75% senior spectrum secured notes due in 2029, citing impacts from a Federal Communications Commission review over its compliance with obligations to build a nationwide 5G network. It has a 30-day grace period to make the interest payment.
New York Times agrees to license content to Amazon for AI use

4 weeks ago | mercurynews.com | Molly Schuetz

By Molly Schuetz, BloombergThe New York Times Co. has reached a deal to license its editorial content to Amazon.com Inc. for use across its artificial intelligence platforms, marking the first such agreement the newspaper company has struck after years of battles between the media and a new, disruptive technology. The multiyear collaboration “will bring Times editorial content to a variety of Amazon customer experiences,” the news outlet said in a statement Thursday.
EchoStar Skips Bond Payment as FCC’s 5G Probe Heats Up

4 weeks ago | bloomberg.com | Dorothy Ma |Molly Schuetz

EchoStar Corporation headquarters in Englewood, Colorado. (Bloomberg) -- EchoStar Corp., the wireless and pay-TV operator controlled by billionaire Charlie Ergen, skipped an interest payment due Friday because of uncertainty about a regulatory probe.
New York Times Agrees to License Content to Amazon for AI Use

4 weeks ago | news.bloombergtax.com | Molly Schuetz

The New York Times Co. has reached a deal to license its editorial content to Amazon.com Inc. for use across its artificial intelligence platforms, marking the first such agreement the newspaper company has struck after years of battles between the media and a new, disruptive technology. The multiyear collaboration “will bring Times editorial content to a variety of Amazon customer experiences,” the news outlet said in a Thursday.
New York Times Agrees to License Content to Amazon for AI Use

4 weeks ago | bloomberg.com | Molly Schuetz

The New York Times building in New York City. (Bloomberg) -- The New York Times Co. has reached a deal to license its editorial content to Amazon.com Inc. for use across its artificial intelligence platforms, marking the first such agreement the newspaper company has struck after years of battles between the media and a new, disruptive technology.
Malone to Cede Control of US Cable-TV Empire to Cox Family

1 month ago | bloomberg.com | Molly Schuetz

John Malone(Bloomberg) -- John Malone, the billionaire cable-TV mogul, has a new memoir coming out this fall. On Friday, he added one more chapter. Charter Communications Inc., the largest cable provider in the US, which Malone controls through Liberty Broadband Corp., agreed to merge with Cox Communications Inc. in a deal valued at $34.5 billion and first reported by Bloomberg News. Charter is in the process of combining with Liberty Broadband as well.
Fox to launch new streaming service 'Fox One' before NFL season

1 month ago | fortune.com | Molly Schuetz

Pricing for the new platform, to be called Fox One, will be “healthy,” and not a “discounted price,” Chief Executive Officer Lachlan Murdoch said on a call with analysts to discuss quarterly earnings. Fox will also seek partnerships with other distributors and streaming services to “gain as broad a possible distribution.” The shares jumped as much as 6.9% as trading got underway in New York on Monday, lifted also by fiscal third-quarter earnings that beat expectations.
Fox to Launch New Streaming Service ‘Fox One’ Before NFL Season

1 month ago | bloomberg.com | Molly Schuetz

A flag with Fox signage flies outside the News Corp. headquarters in New York, U.S., on Sunday, Feb. 6, 2022. Fox Corp. is scheduled to release earnings figures on February 9. Photographer: Jeenah Moon/Bloomberg(Bloomberg) -- Fox Corp. is planning to launch a new streaming service combining its news, sports and entertainment content before the NFL and college football seasons this fall.
Trump se reunirá con ejecutivos de Hollywood tras anunciar aranceles a películas extranjeras

1 month ago | bloomberglinea.com | Molly Schuetz |Stephanie Lai |Gabby Jones

Bloomberg — El presidente Donald Trump dijo que se reuniría con ejecutivos de Hollywood después de sorprender a la industria cinematográfica estadounidense con su plan de imponer un arancel del 100% a las películas realizadas en el extranjero. “Así que nos reuniremos con la industria”, dijo Trump el lunes por la tarde. “Quiero asegurarme de que estén contentos con ello, porque lo que nos importa son los puestos de trabajo”.