The stock image company is merging with rival Shutterstock. With aging tech firms in need of cleaning up, AI threats rising and trustbusters perhaps muzzled, the scene is set for dealmaking. Add savings worth $865 mln to the buyer and this is an ideal snapshot of how it may look.
The stock image company is merging with rival Shutterstock. With aging tech firms in need of cleaning up, AI threats rising and trustbusters perhaps muzzled, the scene is set for dealmaking. Add savings worth $865 mln to the buyer and this is an ideal snapshot of how it may look.
Boss Bob Iger is injecting Hulu’s struggling live-TV bundle into the $2 bln owner of streaming service Fubo and taking a 70% stake. The transaction helps clear the way for a separate sports-package JV, but does little to solve the real problem: fast-fading broadcast television.
