It’s understandable if you failed to notice one meaty if unglamorous trend on Wall Street: Private equity’s love affair with franchising.
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Friday ended with the main indices in Asia, Europe, and New York pointing down in unison, the Nasdaq even entering correction.
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.