Broadcom will abandon exclusivity deals for chips used in TV set-top boxes and internet modems under a settlement reached by the company with EU regulators, the Wall Street Journal reported. The EU had ordered Broadcom to halt the practice while it was under investigation, the first time such an injunction had been used in 18 years. The EU previously alleged that Broadcom’s deal with...
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The Real CNN Drama is Cable News' Growing Irrelevance
To paraphrase Tolstoy, each unhappy TV channel is unhappy in its own way. And as illustrated by the leadup to the Wednesday exit of CNN’s CEO, Chris Licht, the cable news channel hasn’t been a happy place lately. That’s not likely to change now that Licht is gone. Beyond the gossipy drama behind his departure is the reality that CNN and its corporate parent, Warner Bros. Discovery, are both...
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