On Thursday (Dec. 11), The Walt Disney Company announced a $1 billion investment in OpenAI and a groundbreaking three-year licensing agreement that will allow the artificial intelligence firm’s Sora video model to generate short fan-created clips using more than 200 Disney-owned characters, settings and worlds.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Ter ...

Disney is investing $1 billion in the AI start-up and will leverage its generative AI video platform.Less than a week after the Warner Bros. Discovery-Netflix deal sent shockwaves through Hollywood, another deal is threatening to upend the entertainment industry.Walt Disney Co (DIS +2.43%) said it would invest $1 billion in OpenAI, the AI juggernaut whose generative AI tools could disrupt a host of industries, including entertainment.Central to that agreement is that Disney is bringing its classic character ...

And many other people then fled to all kinds of other fields. And it's exciting now to see a new set of techniques really be transformative and to mix reference on the news this week. You know, you know that I'm enamored with subscription models, and now I've become more aware about tender offers.And I like TV channels. So we're announcing today my tender offer for Bloomberg. We hope you will consider it appropriately.Your board members are willing to debate the transaction. But unfortunately, as you would ...

Netflix is looking to add tens of billions of dollars of debt to finance its planned $72 billion acquisition of most of Warner Bros. Discovery. Bloomberg's Emily Graffeo talked about the story on "Bloomberg Markets" with Dani Burger. ...

joining us with the first street reaction to some of that news. Rosenblad Securities senior internet media research analyst Barton Crockett Barton I wonder if you'd been listening and what kind of thoughts you had about how this moves the the whole narrative forward on AI. >> Well, yeah, I think there's a couple of things.I mean, one is what a great endorsement for Open AI. I mean, right at, you know, peak uncertainty about their business model. Um, you know, and peak concerns kind of all around.They're uh ...

U.S. stocks were mixed, with the Dow Jones gaining more than 600 points on Thursday.Shares of Diamond Hill Investment Group Inc (NASDAQ:DHIL) rose sharply during Thursday's session after First Eagle agreed to acquire the company for $175 per share in a $473 million all-cash deal.Diamond Hill Investment Group shares jumped 45.3% to $170.74 on Thursday.Here are some other big stocks recording gains in today’s session.Planet Labs PBC (NYSE:PL) gained 29.7% to $16.79 after the company reported better-than-expec ...

A trio of Middle Eastern funds have agreed to stump up $24 billion to help bankroll Paramount Skydance Corp.’s bid for Warner Bros. Discovery Inc. The region’s exposure to the deal is likely larger, once its deep ties to private equity firms behind the bid are factored in.Saudi Arabia’s Public Investment Fund and the Qatar Investment Authority joined the relatively-unknown Abu Dhabi firm L’imad Holding Co. to bankroll the hostile offer earlier this week. The funds are overseen by wealthy Gulf states that ha ...

It's fairly uncomplicated. Corporate lovemaking, M&A. Okay, this is a book we wrote. We both wrote both books on M&A.This was the third one written since Ivan Bowki went off uh to somewhere. And uh basically uh the notion of company A and company B having a bidding war. Come on.That's what we like as part of the free market system. It is appropriate. Then you look at the this deal at $30 a share cash.You don't worry about spin-offs. You don't worry about a wrap fee around this Netflix stock. So, what Netfli ...

Company’s 90-Day Key Initiatives are Focused on Completing Acquisitions and Strengthening OperationsFORT WORTH, Texas, Dec. 11, 2025 (GLOBE NEWSWIRE) -- SEGG Media Corporation (NASDAQ: SEGG, LTRYW)(the “Company” or “SEGG Media”), the global sports, entertainment, and gaming group, today announces that it has closed a $2.5 million Securities Purchase Agreement under a shelf registration statement on Form S-3 that was previously filed with the SEC and declared effective on November 28, 2025. The funds will be ...

The S&P 500 slipped 0.4 per cent in early trade, moving further away from its October record high. The Dow Jones Industrial Average rose 233 points, or 0.5 per cent, while the Nasdaq Composite fell 0.7 per cent, according to AP.Oracle was among the biggest drags on the market, sliding 14.5 per cent after its quarterly revenue growth of 14 per cent came in below expectations despite stronger-than-expected profit. Investors also questioned whether the company’s heavy spending on artificial intelligence (AI) w ...