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from-the-film

Exclusive: Amazon is preparing to launch streaming music service – sources

June 11, 2016 by · Leave a Comment 

By Julia Love SAN FRANCISCO (Reuters) – Amazon.com Inc is preparing to launch a standalone music streaming subscription service, placing it squarely in competition with rival offerings from Apple Inc and Spotify, according to two people with knowledge of the matter. Amazon is finalizing licenses with labels for the service, which likely will be launched in late summer or early fall, the sources said. Amazon, which …

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Exclusive: Amazon is preparing to launch streaming music service – sources

from-the-film

Exclusive: Redstone’s NAI talking to bankers about options for Paramount – sources

June 11, 2016 by · Leave a Comment 

Sumner Redstone's National Amusements Inc is consulting investment bankers about strategic options for Viacom Inc's Paramount Pictures, including a possible stake sale, sources familiar with the situation said on Friday. National Amusements, which controls 80 percent of the voting shares of Viacom, is also keen to extract more value from the film studio's real estate holdings in Los Angeles, said the sources, who spoke on condition of anonymity. It is unclear what

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Exclusive: Redstone’s NAI talking to bankers about options for Paramount – sources