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Georg Szalai

International Business Editor

TikTok Grows in U.K., Adults Spent More Time Online Amid Pandemic Than Rest of Europe: Study

U.K. adults spent more time online in 2020 amid the coronavirus pandemic than people in other European countries, with short-form video platform TikTok experiencing particularly big user…

Endeavor CEO Ari Emanuel Has Left Live Nation Board

Endeavor CEO Ari Emanuel has resigned from the board of directors of events promoter and venue operator Live Nation Entertainment. “On June 3, 2021, Ariel Emanuel tendered his resignation as…

Pluto TV Ad Revenue to Exceed $1B in 2022, Says ViacomCBS CEO

ViacomCBS expects advertising VOD service Pluto TV to reach more than $1 billion in revenue in 2022, CEO Bob Bakish told an investor conference on Monday. Speaking during the virtual Evercore…

Google Settles French Advertising Antitrust Case for $268M

Alphabet’s Google has settled a French advertising antitrust case for 220 million euros ($268 million). France’s Autorite de la Concurrence, the country’s competition authority, said the fine…

EU, U.K. Launch Antitrust Probes Into Facebook Classifieds, Dating Services

The European Union and the U.K. on Friday unveiled formal antitrust investigations into Facebook’s Marketplace classifieds service, with Britain also investigating its online dating…

Vivendi Eyes Universal Music Stake Sale, Valuing Label at $42B

French media conglomerate Vivendi said on Friday that it is in talks to sell a 10 percent stake in Universal Music Group to hedge fund billionaire Bill Ackman’s Pershing Square Tontine Holdings in…

Gray Boosts Acquisition Price for Meredith’s Local TV Stations to $2.83B

Meredith Corp. has agreed to sell its local TV stations, which are housed in its Local Media Group, to Gray Television for a revised $2.825 billion instead of the originally set $2.7 billion price

Universal Orlando Theme Park Attendance Hitting “2019 Levels on Many Days,” Says Comcast CEO

NBCUniversal owner Comcast feels it has the assets needed to do well in the competitive media space, chairman and CEO Brian Roberts said on Wednesday in responding to a question about…

Will Apple Be the Next Tech Giant to Buy a Studio?

Amid a wave of M&A fever, will Amazon’s $8.45 billion takeover of MGM prompt its Silicon Valley rival Apple to refresh its shopping list to include a Hollywood studio? The iPhone maker already…

Mexican Actor Luis Gerardo Mendez Strikes First-Look Deal for Paramount+ Latin America (Exclusive)

ViacomCBS’ ViacomCBS International Studios (VIS) has struck a first-look deal with the production firm of Luis Gerardo Méndez (Netflix’s Murder Mystery and Club de Cuervos), one of Mexico’s biggest st…

Sun Valley’s “Summer Camp for Moguls” to Return Amid Megadeal Frenzy

In the early morning darkness of July 10, 2019, on a bare-bones outdoor interview set constructed on the side of a road in Sun Valley, Idaho, Discovery CEO David Zaslav laid out the case for the…

Discovery-WarnerMedia Combination Gets a Name

Discovery and AT&T’s WarnerMedia shocked the media and entertainment world with their May 17…