Shares of FuboTV, the streaming video service led by former Warner Music CEO Edgar Bronfman, opened a little above its IPO price of $10 Thursday morning. The pricing of the IPO on Wednesday night was in line with Fubo’s expectations although it increased the size of the offering and raised $183 million. Fubo competes with offerings like YouTube TV and Hulu with Live TV, although it is small,...
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Samsung’s Peacock Standoff with NBCUniversal Shows Power of TV Makers
As streaming TV becomes the default viewing option for Americans, the makers of streaming devices are taking the place of cable operators as gatekeepers, deciding what streaming services will be available to viewers. Increasingly the gatekeepers include not only Roku and Amazon but smart TV makers such as Samsung. NBCUniversal is learning that the hard way as it battles to get its Peacock...
ByteDance Rival Kuaishou Gets Approval to Raise as Much as $6 Billion in Hong Kong IPO
Chinese Smartphone Xiaomi Unexpectedly Added to U.S. Blacklist
Playtika Prices IPO at $27
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