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Disney, Apple could make play for Netflix; Google set to unveil new devices

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Disney, Apple could make play for Netflix; Google set to unveil new devices

TOP NEWS

* R.W. Baird analystWilliam Power said NetflixInc. could become a potential takeover for , or some other company,MarketWatch reports.The analyst added that it would be tough to predict the timing of the potentialdeal.

* AlphabetInc. unit GoogleInc. is set to unveil new devices at an event today, including a new line ofsmartphones, Reuters reports.Other devices expected to be unveiled include a voice-controlled speaker systemcalled Home, and a virtual reality headset.

* Gunnar Wiedenfels will succeed as CFO of on orabout April 1, 2017. Wiedenfels currently serves as CFO, thecompany said in a newsrelease.

Technology

* DavidFoster, vice president of hardware engineering at 's Lab126, will nowhead the hardware development of Google's new branded line of smartphones, TheInformation reports,citing a source familiar with the details. At Amazon, Foster was overseeingdevice development, including the Echo and Dash products, and he had helpeddevelop the Amazon Kindle and Kindle Fire tablet.

* Apple introduced its Apple Pay service in Russia, makingit the 10th country where the service is available, according to a reportby Reuters. Apple Pay will initially work with Sberbank and Mastercard in thecountry, according to the report.

* FacebookInc. is looking for countries where it could test drones forbroadcasts of internet content, The WallStreet Journal reports,citing Martin Gomez, director of aeronautical platforms at the company. As partof the initiative, the company is engaged in talks with several countries toseek permission to use their airspace, and may also require approval to useradio spectrum for broadcasting signals.

Internet & OTT

* Facebook introduced a separate Marketplace feature to allow usersto buy and sell items locally. By accessing the new feature via a shop icon atthe end of the Facebook app, users will be able to go through items listed forsale by people near them, according to a postby the social networking giant.

* Amazon.com banned incentivized reviews as part of anupdate to the community guidelines. According to a post on thecompany's website, the online retailer will only allow such reviews via theAmazon Vine program, and only the company will select the reviewers to postopinions about new and pre-release products.

TV Networks

* AT&TInc.'s DIRECTV is adding Liberman Broadcasting Inc.'s to itslineup across the U.S., Multichannel Newsreports,citing an official statement. Estrella TV will reportedly be available onChannel 442.

The day ahead

Early morning futures indicators pointed to a higher openingfor the U.S. market.

In Asia, the Hang Seng rose 0.45% to 23,689.44, and theNikkei 225 was up 0.83% to 16,735.65.

In Europe as of midday, the FTSE 100 was up 1.64% to7,098.27, and the Euronext 100 rose 0.78% to 888.46.

On the macro front

The Redbook index and the Gallup US ECI are due out today.

Featured news

The Daily DoseEurope: CVC, Cinven lead bidders for Allegro; Google gets 4th extension torebut EU charges: Two investor groups led by CVC Capital Partnersand Cinven emerged as the leading bidders for 's Polish e-commerce unitAllegro, while Google secured another extension to respond to the EuropeanCommission's antitrust charges.

The Daily DoseAsia-Pacific: Korean fintech firms petition against Apple; Sony completes musicbuyout: Several South Korean fintech companies are filing apetition against Apple objecting to its policy of not opening its NFC interfaceto app developers, while SonyCorp. completed its acquisition deal with Michael Jackson's estateto gain sole ownership of Sony/ATV Music Publishing LLC.

WashingtonWatch: Why the industry wants Wheeler to publish the set-top box proposal, andwhy he might not: Lawmakers on both sides of the aisle are pushingfor FCC Chairman Tom Wheeler to publish the full text of his revised set-topbox proposal. But so far, it seems as if Wheeler will not budge.

The ShortReport: MeetMe continues to lead short interest gainers: topped the list of newmedia companies with the largest increases in short interest in the first halfof September.

The ShortReport: Gogo leads short interest losers in early September:Gogo Inc. saw thegreatest decrease in short interest relative to shares outstanding amongcommunications companies between Aug. 31 and Sept. 15.

The ShortReport: Outerwall short interest drop continued in last weeks as publiccompany: OuterwallInc. continued to top the list of media and entertainment companieswith the largest drops in short interest in the first half of September as itneared the closing of a deal that made it a private company.

M&AReplay: European deals through Sept. 30: News Corp., Monster Worldwide,Vivendi: S&P Global Market Intelligence provides a wrap-up ofEuropean media and communications deal announcements, completions and updatesfrom Sept. 26 to Sept. 30.

M&AReplay: PE firm completes Sizmek deal; Outerwall deal closes:S&P Global Market Intelligence provides a wrap-up of U.S. media andcommunications deal announcements and completions from Sept. 26 to Sept. 30.

The week inOTT: PlayStation Vue adds HBO, Cinemax; Netflix orders new animatedcomedy: Sony added HBO (US) and Cinemax to its over-the-top platformPlayStation Vue, while Netflix ordered a new animated comedy, "PacificHeat," from Australian company Working Dog Productions.

Featured research

Economics of Advertising: Cable advertising revenue grew 1.9% in2015: Despite the challenges facing the industry, the U.S. cable TVad market continues to be a solid business for programmers. 

Multichannel Trends: DBS revenue growth limited by divergingstrategies in 10-year outlook: The DBS segment in the U.S. ispoised for a subscriber increase, but the revenue forecast is not completely instep. 

Economics of Internet: Facebook widens lead in US, global messagingmarkets: Facebook's decision to carve out all mobile messagingfunctionality on its platform into the stand-alone Facebook Messenger app maynot have been popular with all users but it continues to pay big dividends.

Economics ofTV & Film: 'X-Men: Apocalypse' mutates into top October videorelease: There are more summer films headed to home video inOctober, a number of them less than four months after they were released intheaters.