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entertainment media/telecom

Final Bids for DirecTV Are Due Friday

By
Jessica Toonkel
· · Source: The Information

AT&T wants final bids for its satellite TV service DirecTV by Friday, say people familiar with the situation. Potential buyers include private equity giant Apollo Global Management and Churchill Capital Corp, a special purpose acquisition company. AT&T is hoping to announce a deal to sell a majority stake in DirecTV by the end of the year, helping it pay off a chunk of its debt as well...

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If Steve Martin were to remake his 1984 film “Lonely Guy” this year, he could center it around Shou Zi Chew, CEO of TikTok. It’s a paradox that the executive leading one of the most popular apps in the U.S. is basically on his own as he fights the threat of a ban from both the Biden administration and congressional opponents. The few people who have publicly come out in support of TikTok...
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