Pershing Square has announced a formal bid for Howard Hughes, the real estate developer where Ackman served as chairman for over a decade.
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Ackman’s Pershing Square Capital Management announced that its planned IPO for a US closed-end fund will raise $2 billion.
In 2024, legacy media giants like Disney and NBCUniversal finally had enough with cable — and started making their own off-ramps.
YouTube may have started off as a platform for small screens, but now it’s increasingly dominating the living room TV.
For years, traditional cable had one trump card against the upstart streamers devouring their business: live programming. Not anymore.