A federal jury in July found Mr. Watson, who started the digital media company in 2013, guilty of trying to defraud investors and lenders.
Category: Media
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Comcast and Warner Bros. Discovery Set the Stage for 2025 Deal-Making
Comcast and Warner Bros. Discovery are rearranging their businesses for mergers and acquisitions. Experts say the next year could transform the media industry.
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BuzzFeed Strikes Deal to Sell ‘Hot Ones’ Company for $82.5 Million
The sale, to a group that includes the show’s host, Sean Evans, and Soros Fund Management, will allow BuzzFeed to pay down tens of millions of dollars in debt.
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Prince Harry Vows to Keep Fighting Rupert Murdoch’s Tabloids Over Phone Hacking
The British royal says his legal battle against parts of the media is about “accountability” and defending legitimate journalism.
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FIFA President’s Bet on Club World Cup Meets Reality
Gianni Infantino has tied his legacy to the 32-team tournament, even inscribing his name on the trophy. Its success is far from guaranteed.
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Comcast to Spin Off MSNBC, CNBC and Other Cable Networks
The new publicly traded company is set to debut next year, with a bundle of channels that also includes Oxygen, E! and Syfy.
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Associated Press to Cut Staff by 8%
The reductions come just two weeks after Election Day, when The A.P. played a key role in calling races across the United States.
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Disney’s Earnings Report Paints a Rosy Picture for the Future
The company, which does not typically release guidance to investors, said that profit would jump over the next three years.
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Disney’s Earnings Report Paints a Rosy Picture for the Future
The company, which does not typically release guidance to investors, said that profit would jump over the next three years.
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John Malone Reorders Media Empire as C.E.O. Exits
Liberty Media, which owns stakes in Formula One and Live Nation, is spinning off some of its assets in a corporate restructuring.
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Sean ‘Diddy’ Combs’s Empire: Winnowed, but Still Weighty
The music mogul’s business portfolio has shrunk, in part because of multiple sex abuse allegations, but his wealth remains a critical factor as his criminal case unfolds.