Edmund Lee
Posts
BuzzFeed Will Start Publicly Trading in Early December: BZFD
The company still loses money, but its revenue rose 20 percent in the third quarter. Investors who want to own a piece can do so...
Netflix Earnings: Q3 2021
The company has 222 million customers, with 67 million in the U.S., and expects to add 8.5 million subscribers in the December quarter.
Locast Shutting Down After Losing Court Battle With TV Networks
In a real David-versus-Goliath fight, the giant won.
Salman Rushdie Is Now on Substack
The Booker Prize-winning author has reached a deal with the newsletter platform, where he plans to publish fiction and interact with readers.
Politico to Be Acquired by Axel Springer, a German Publisher
The publishing giant will take control of Politico, Politico Europe and the Politico’s tech news site, Protocol. Terms of the deal were not disclosed.
Politico Is Looking for a $1 Billion Deal with Axel Springer
Robert Allbritton, the owner of Politico, is weighing a lucrative payday against maintaining full control over a widely read Washington news site.
New York Times 2021 Q2 Earnings: 8 Million Subscribers
The company expects to end the year with about 8.5 million. In its quarterly results, it reported holding nearly $1 billion in cash.
NBC Expects to Turn Profit on Tokyo Olympics
Comcast’s new streaming service has 20 million active accounts every month. Despite low ratings for the games, the company expects to make a profit on...