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TIM to take 2021 earnings hit on football deal

Italian operator group TIM is upbeat about the impact its controversial football streaming deal with DAZN will have on its core financial metrics in the next couple of years.

Amazon buys MGM for $8.45 billion

As rumoured a week ago, etail and cloud giant Amazon is buying movie studio MGM to augment its Amazon Prime SVoD offering.

Facebook shows its hand on Section 230 reform

Ahead of yet another US political grilling, Facebook CEO Mark Zuckerberg is proposing that Section 230 protections should be restricted to those sites with comment screening systems.

AT&T makes money from content…by flogging assets

AT&T has agreed to sell its Crunchyroll anime business to Sony for close to US$1.2 billion, and is reportedly in the latter stages of a sale process for DirecTV, which could be worth about $15 billion.

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