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DOJ conditionally approves AMC-Carmike deal; Twitter loses two senior execs


Breaking into Europe’s Digital Infrastructure Markets: Drivers & Trends


Breaking into Europe’s Digital Infrastructure Markets: Drivers & Trends


Inflation cools Q1'22 smart TV demand but revenue grows 10% YoY on higher ASPs


Broadcast Deal Market Recap, Q1, 2022

DOJ conditionally approves AMC-Carmike deal; Twitter loses two senior execs

Top News

* The U.S. Department of Justice conditionally approved AMC Entertainment Holdings Inc.'s proposed acquisition of Carmike Cinemas Inc., the company said. While approving the deal, the DOJ said AMC will have to sell theaters in 15 local markets, divest most of its holdings and relinquish all of its governance rights in National CineMedia LLC, and transfer 24 theaters with a total of 384 screens to the network of Screenvision LLC.

* Adam Messinger, chief technology officer at Twitter Inc., resigned from the company to "take some time off," according to a tweet. Josh McFarland, vice president of product, also left the company to join venture-capital firm Greylock Ventures as a general partner in 2017, USA Today reports.

Internet & OTT

* DISH Network Corp.'s Sling TV is set to launch its television tuner box, called AirTV Player, reports, citing a landing page for the new device. In addition to letting users access local TV channels over the air via a digital antenna, AirTV Player will allow users to access Sling TV's streaming service and, optionally, Netflix Inc.'s streaming service.

* Facebook Inc. unveiled a new feature, called Facebook: Live Audio, which allows publishers to broadcast live recordings, the social networking giant said in a post on its website. Facebook will test the new feature over the coming weeks with partners, including BBC World Service, LBC, Harper Collins, and authors Adam Grant and Brit Bennett.

* Families of three victims of the nightclub massacre in Orlando, Fla., filed a lawsuit against Alphabet Inc. unit Google Inc., Twitter and Facebook over claims that the companies helped the Islamic State militant group conduct terrorist operations, Newsweek Europe reports. In a filing in a Michigan federal court, the plaintiffs claimed the companies were "knowingly and recklessly" providing ISIS with user accounts "as a tool for spreading extremist propaganda, raising funds, and attracting new recruits."

TV Networks

* Sinclair Broadcast Group Inc.'s Tennis Channel (US) and other local television stations are set to go dark on Frontier Communications Corp.'s Frontier Cable. According to a news release, Sinclair Broadcast Group said it does not expect to renew its retransmission consent agreement with Frontier Cable, resulting in the loss of TV stations starting Jan. 1, 2017, and the removal of Tennis Channel after Dec. 31.


* Pentagon awarded a $927 million contract to Microsoft Corp., Reuters reports, citing an official statement. The software giant will reportedly provide technical support to the Defense Information Systems Agency under the contract.

* Apple Inc. started selling refurbished Apple Watch devices on its website. With a starting price of $229, consumers can select a series 1 or series 2 model from the list of products on the site.

The day ahead

Early morning futures indicators pointed to a mixed opening for the U.S. market.

In Asia, the Hang Seng was up 0.37% to 21,809.80, and the Nikkei 225 fell 0.26% to 19,444.49.

In Europe, as of midday, the FTSE 100 fell 0.10% to 7,036.59, and the Euronext 100 was down 0.36% to 928.34.

On the macro front

The Bank Reserve Settlement report, the MBA mortgage applications report, the EIA petroleum status report and the existing home sales report are due out today.

Featured news

Netflix boosts Asian content; Alibaba secures DreamWorks bundle: In this biweekly Asia video spotlight feature, S&P Global Market Intelligence provides a roundup of news related to over-the-top, video-on-demand and other online video initiatives in different Asian markets.

The Daily Dose Asia-Pacific: Apple mulls manufacturing in India; Thai cyberlaw draws UN concern: Apple is in talks with India's government about making its products in the country, while the U.N. Human Rights Office for Southeast Asia expressed concerns over changes to Thailand's cybercrime law.

Tech Time: Alphabet creates self-driving tech firm, shelves autonomous car plans: In this feature, S&P Global Market Intelligence presents a bi-weekly global roundup of the latest developments in technology.

VR Focus: Facebook firmly believes in VR, despite slow start: Facebook CEO Mark Zuckerberg may be a firm believer in virtual reality technology, but the social media giant faces some stiff challenges when it comes to the adoption of VR.

The Program Guide: Global edition: Netflix strikes Bollywood deal; Amazon expands Prime Video: The Program Guide's global edition highlights recent programming announcements from various networks and online video platforms around the world.

The Daily Dose Europe: Facebook accused of misleading EC; Vivendi takes Mediaset stake past 25%: The European Commission sent Facebook a statement of objections regarding its probe into the company's 2014 acquisition of WhatsApp, while Vivendi SA increased its stake in Mediaset SpA to 25.75%.

Featured research

Economics of TV & Film: TV outlet content spend expected to slow: While consumer eyeballs have partly shifted to digital video sources, a significant audience remains tied to the linear television world.

Technology: US connected video devices, 2016-2020: Nearly 1 billion video playback devices could be in use by 2020 in the U.S., ranging from smartphones to smart TVs.

Consumer Insights: Content preferences mixed among Amazon Prime Video subscribers: SNL Kagan asked Amazon Prime Video subscribers what content they viewed on the service as well as which type of content they found most enjoyable. Movies were the most commonly viewed content type, although many respondents had no specific set of video they enjoyed most.

Economics of Internet: Netflix, Hulu dominate in Q3 desktop viewing; Crackle shows multi-platform promise: U.S. desktop content video viewing for Netflix and Hulu LLC was robust in the third quarter, while some of the smaller and more niche services measured general declines from the same period last year.

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