Media & TV
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Netflix buys $185 million blockbuster
Starring Gal Gadot, Dwayne Johnson and Ryan Reynolds, this movie is going to be huge. And it won’t be coming to a cinema near you.
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'The Office' is leaving Netflix in 2021
But the streaming landscape is changing now, and legacy media companies are trying to draw viewers with their own products. That has complicated things for Netflix, which built its business model on content licensed from other companies.
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Authentic Brands to Acquire Sports Illustrated for $110 Million
Meredith Corp. will continue to operate the magazine and web site for two years while ABG licenses the brand into other areas.