In yet another sign that marketers are looking to spend money outside of traditional television, advertisers have already committed $80 million to the new ad-supported version of HBO Max, which will launch in June, WarnerMedia CEO Jason Kilar, said on Friday. That’s a good sign for the growing number of ad-supported video services that have come to market over the past several months. As The...
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PayPal Investors Ask for Refund on Pinterest Talks
We got a very clear sense of what investors think of the prospect that PayPal might buy Pinterest from how the two stocks reacted to news of deal talks between the companies, first reported by Bloomberg. PayPal stock dropped nearly 5%, slicing about $15 billion off the digital payment company’s market capitalization. Pinterest shares, conversely, rocketed 13%—adding $4.6 billion to the company’...
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PayPal Exploring Pinterest Acquisition
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