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Amazon, NFL ink streaming deal; Liberty Interactive to buy General Communication

Top news

* Amazon.com Inc. struck a $50 million deal to live stream 10 National Football League Thursday night games this season on its video subscription service, Bloomberg News reports, citing sources. Twitter held the streaming rights for the NFL Thursday night games in the previous season.

* Liberty Interactive Corp. plans to buy telecommunications provider General Communication Inc., merge GCI with unit Liberty Ventures Group, and spin off the merged entity as a new company to be called GCI Liberty. To accomplish the transaction, certain assets and liabilities of Liberty Ventures Group will be contributed to GCI in exchange for a controlling stake in the Alaska-based telecom operator, the company said. Liberty Interactive will then effect a tax-free separation of its controlling interest in the combined company, GCI Liberty, to the holders of Liberty Ventures' common stock.

Internet & OTT

* Yelp Inc. acquired outstanding capital stock of Toronto-based Wi-Fi marketing company Turnstyle Analytics for about $20 million in cash. Yelp said it plans to combine Turnstyle's data with Yelp's online and mobile search data to "deliver a comprehensive intent-based marketing resource to local businesses."

* Verizon Communications Inc.'s go90 service picked up exclusive streaming rights to seven television series from Time Warner Inc.'s Warner Bros. Entertainment, The Hollywood Reporter reports, citing a statement. The series are "Almost Human," "Babylon 5," "Believe," "Fringe," "Stalker," "Terminator: The Sarah Connor Chronicles" and "Veronica Mars."

* The New York State Court of Appeals dismissed Facebook Inc.'s bid to challenge 381 search warrants obtained by the New York County District Attorney's office in a disability fraud investigation, Reuters reports. While the court ruled 5-1 that it lacked the jurisdiction to hear Facebook's appeal over warrants, Judge Leslie Stein said Facebook's concerns about the users' privacy rights "may not be baseless," but it was the job of the people targeted by the warrants to challenge their validity not third parties like Facebook.

* The U.S. Federal Trade Commission and Amazon.com ended a dispute related to children's unauthorized in-app purchases by withdrawing their respective appeals. The move will allow the refund process to begin, with more than $70 million in in-app charges expected to be eligible for refunds, the agency said.

Technology

* Apple Inc. ordered 70 million bendable organic light-emitting diode, or OLED, panels from Samsung Electronics Co. Ltd. for the iPhone 8 smartphone expected to be unveiled later in 2017, The Nikkei reports, citing a supply chain source. The upcoming iPhones are expected to include a premium version with a 5.2-inch curved OLED screen and no physical home button, and two LCD-based devices sized at 4.7 inches and 5.5 inches.

TV networks

* FOX News Channel (US) host Bill O'Reilly's show "The O'Reilly Factor" lost ads from five automakers Mitsubishi Motors Corp., Hyundai Motor Co., BMW of North America, Jaguar Land Rover North America and Mercedes-Benz, and four drug makers Eli Lilly & Co., GlaxoSmithKline Plc, Bayer AG and Sanofi over reports that O'Reilly and FOX News settled claims of sexual harassment and other inappropriate behavior with five women. As a result, the 21st Century Fox Inc.-owned network said it was redirecting the ad purchases to other programs, Bloomberg News reports.

The day ahead

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

In Asia, the Hang Seng was up 0.57% to 24,400.80, and the Nikkei 225 was up 0.27% to 18,861.27.

In Europe, around midday, the FTSE 100 climbed 0.09% to 7,328.53, and the Euronext 100 was up 0.15% to 984.38.

On the macro front

The ADP employment report, Gallup U.S. job creation index, PMI services index, ISM non-manufacturing index, the EIA petroleum status report and the Federal Open Market Committee minutes are due out today.

Featured news

The Daily Dose Asia-Pacific: Apple orders panels from Samsung; NZ telcos team up to boost coverage: Apple reportedly ordered 70 million bendable OLED panels from Samsung Electronics that will likely be used in the iPhone 8, while Vodafone NZ, Spark New Zealand Ltd. and 2degrees submitted a proposal to upgrade New Zealand's rural broadband and mobile infrastructure.

Scripps CEO's compensation jumps YOY: The 2016 pay package of Scripps Networks Interactive Inc. Chairman, President and CEO Kenneth Lowe is among those highlighted in the latest installment of The Pay Check.

£11.7B Fox-Sky deal grapples with critics, regulatory hurdles: 21st Century Fox is facing public scrutiny in Britain following the company's proposed £11.7 billion takeover of pan-European pay TV giant Sky plc.

The Daily Dose Europe: Spotify, Universal Music ink deal; Talpa further boosts TMG stake: Spotify Ltd and Vivendi SA's Universal Music Group inked a deal to limit free play on some new albums, while Talpa again increased its stake in publisher Telegraaf Media Groep N.V.

Featured research

Wireless Investor: Carriers eye MSOs with unlimited data, zero-rated video: Wired HSD providers have long kept an eye on mobile broadband as a potential replacement to their lucrative wired modem businesses.

Wireless Investor: Sprint's Sling TV promo: An answer to AT&T's DIRECTV Now: On the heels of T-Mobile US Inc.'s Binge On, Verizon Wireless' go90 and AT&T's DIRECTV Now, Sprint Corp. partnered with DISH Network Corp. to offer Sling TV at discounted rates with select wireless plans in two U.S. cities.

Multichannel Trends: Cable commercial services forecast reflects broad momentum: The cable industry's success in selling services to small businesses and its strides moving up market have honed the spotlight on the commercial opportunity.

The Daily Dose is updated as of 7 a.m. ET. Some external links may require a subscription.