The media industry has battled a tumultuous 2022. Rising costs, debt-ridden balance sheets, and a renewed focus on profitability weighed on the embattled sector as investors quickly punished companies...
Tag: billionplus
CBS Won’t Get Fooled Again, Pays Billion-Plus To Broadcast Big Ten And Champions League
Luka Modric of Real Madrid celebrates a March victory. (Photo By Oscar J. Barroso/Europa Press via Getty Images) Europa Press via Getty Images A lesson learned can pay dividends decades down the line....
Nike Billionaire Knight Reportedly Makes $2 Billion-Plus Offer For NBA’s Trail Blazers
Topline Phil Knight, the billionaire founder of Nike, has submitted a bid to buy the NBA’s Portland Trail Blazers, ESPN and the New York Times reported Thursday afternoon, citing anonymous sources. Ni...
Splunk Jumps on Report That Cisco Made $20 Billion-Plus Offer
(Bloomberg) — Splunk Inc. jumped as much as 16% in late trading on a report that Cisco Systems Inc. made an offer of more than $20 billion for the software company. Most Read from Bloomberg The ...