United Airlines said Monday it had ended its pursuit of a merger with American Airlines after the rival carrier declined to engage following an initial approach. “I was hoping to pitch that story to American, but they declined to engage and instead responded by publicly closing the door,” United CEO Scott Kirby said. Kirby raised the idea of a combination with … Read more
Who didn’t feel nauseous on Friday when Netflix announced an industry-exploding deal to acquire Warner Bros. for $82.7 billion? Search far and wide on the internet and you’ll have a hard time finding anyone who’s elated that one of the Big Five Hollywood studios has been snapped up by the boneheads responsible for “Red Notice” … Read more
The Justice Department and a group of 30 states and the District of Columbia Thursday sued to break up Live Nation, arguing the big concert promoter and its Ticketmaster unit illegally inflated concert ticket prices and hurt artists. “It is time to break up Live Nation,” said US Attorney General Merrick Garland. Concert fans and politicians for years have been calling … Read more