Here are the most read stories of the week.
Sinclair, Amazon to provide distribution assists for YES Network
With a new ownership structure in place, YES Network (US) will rely on partners Sinclair Broadcast Group Inc. and Amazon.com Inc. to help secure affiliate rights deals. Speaking on a call about the deal, New York Yankees President Randy Levine and Sinclair President and CEO Chris Ripley said they would work on distribution and carriage deals with Amazon and the other invested parties, as well as YES management, led by President Jon Litner, whose contract has been renewed.
Data Dispatch: Cloud competition driving investment, M&A in cybersecurity sector
The changing nature of data storage and the increased move to hybrid cloud solutions is creating M&A targets of some of the higher-performing, small-to-midsized cybersecurity companies, analysts said. Cybersecurity providers historically focused on endpoint security, protecting the computers and servers owned by a specific company.
Macron: France will 'do away with' digital tax once global policy is created
French President Emmanuel Macron announced Aug. 26 at the G-7 summit that he will eliminate his country's digital tax once an international digital services policy is created. The 3% tax covers online advertisements aimed at French users, e-commerce platforms and the sale of user data in France.
Q&A: PCCW exec: Dual revenue model best for Asia's emerging streaming market
Managing Director of PCCW Media Ltd. Janice Lee says the company's streaming service Viu makes money from subscriptions and advertising, which has given it an edge over competitors.
GAMCO still weighing options for potential challenge of Viacom/CBS merger terms
Though Viacom Inc. and CBS Corp. executives are bullish about the scale their recombined company ViacomCBS will have in the media marketplace, some investors and analysts have governance concerns related to the recently announced merger. Mario Gabelli, the chairman and CEO of GAMCO Investors Inc., whose fund is the largest outside holder of Viacom voting shares, for instance, is still contemplating options against the deal, but no action is imminent.
