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Terms of the deal were not officially disclosed, but a person familiar with the matter told CNBC it is structured

2024 is shaping up to be the year of the streaming bundle

Media companies could end up embracing more bundles as they seek to reverse streaming losses. Source link

Gorman won praise for managing the CEO succession process at Morgan Stanley. Source link

Darden Restaurants, which owns Olive Garden and Longhorn Steakhouse, raised its annual earnings-per-share guidance. Source link

Trian, which is run by Peltz, has criticized Disney's board for what it calls missteps and poor financial management. Source

Hasbro, the toy brand behind My Little Pony and Transformers, had already laid off hundreds of employees earlier this year.

Jon Rahm, the defending Masters champion, is gearing up to leave the PGA Tour for Saudi-backed LIV Golf, The Wall

Charter shares plunged after its CFO said the company may lose broadband subscribers in the fourth quarter. Source link

Warner Bros. Discovery and Paramount Global shares jumped Friday. Source link