French TV shares slump after merger to challenge Netflix collapse

A view shows the headquarters of French television group M6 in Neuilly-sur-Seine, near Paris, France, May 21, 2021. REUTERS/Sarah Meyssonnier/File Photo Sign up now for unlimited FREE access to Reuters.com List PARIS/MILAN, Sep 19 (Reuters) – The collapse of a deal to form a French TV giant to challenge US streaming services like Netflix (NFLX.O) … Read more

Baidu EXCLUSIVE in talks to sell majority stake in iQIYI, China’s answer to Netflix -source

Baidu plans to sell all of its holdings in iQIYI -sources Share sale can value iQIYI at around $7 billion -source The targeted iQIYI value will represent a price of $8.13/share The deal has attracted interest from PAG and China Mobile -source HONG KONG, June 15 (Reuters) – Chinese internet search engine giant Baidu Inc … Read more