A new media company backed by Blackstone and headed by former Disney executives is acquiring Reese Witherspoon’s Hello Sunshine entertainment company at a valuation of around $900 million, according to people familiar with the situation. The deal for the company, which makes such popular shows as HBO’s “Big LIttle Lies,” and Apple TV’s “The Morning Show,” marks how media investors are...
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Can Livestream Shopping Cure the Holiday Gifting Blues?
Hi, welcome to the Weekend.It might seem against the holiday spirit to say so, but does anyone really love gift-shopping these days? Even pre-pandemic, it was a stress-inducing affair, loaded with decision fatigue, toy-of-the-year FOMO and ghosts of bad presents past.Into this consumerist minefield has stumbled a strange new entrant: livestream shopping. In this week’s issue, writer Janet...
Disney+ in Hong Kong Drops Simpon’s Tiananmen Square Episode
Tech Stocks Fall as New Covid Variant Leads to Market Sell-Off
Quarterly Results From Meituan and Pinduoduo Highlight Challenges for China Tech
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