Games/Entertainment
Billionaire Mark Cuban says he is buying Netflix shares
Mark Cuban, the billionaire investor and owner of the Dallas Mavericks basketball team, is buying Netflix Inc (NFLX.O) shares because he considers the video streaming company to be an acquisition target.
NBA inks long-term rights deals with Disney, Time Warner
The National Basketball Association has reached long-term media rights contracts with Walt Disney Co and Time Warner Inc's Turner Broadcasting, more than doubling the fees it received under the previous contracts, the Wall Street Journal reported, citing people familiar with the matter.
Euro Disney agrees to funding deal backed by Walt Disney
Euro Disney (EDLP.PA) said on Monday it had agreed a 1 billion euro funding deal backed by its largest shareholder, the Walt Disney Co (DIS.N), which includes a share sale and a debt restructuring, to allow it to invest in the business.
Verizon's Redbox Instant video streaming service to shut down
Redbox Instant, a streaming video service operated by Verizon Communications Inc (VZ.N) and Outerwall Inc's (OUTR.O) Redbox, will shut down next week because the venture has not been as successful as hoped, the two companies announced Saturday.




