Big News, Snapchat & Hulu change Digital Entertainment while Unions Back Republican

In a related move Hulu is planning to pull the plug on its free streaming service, Variety reported. Instead the service owned by a consortium of Time Warner (NYSE: TWX), The Walt Disney Company (NYSE: DIS), Comcast and 21st Century Fox will only offer $7.99 and $11.99 monthly subscriptions.

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WWE is growing but it is not Making Money

Revenues at Vince McMahon’s wrestling empire grew to their highest level yet in Second Quarter 2016; rising from $653.69 million to $702.50 million. That made for a revenue gain of $48.81 million which is very impressive. The growth has been ongoing since McMahon launched his WWE network in February 2014.

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Will Verizon Make Money from Yahoo?

Verizon will make money if it simply sells off Yahoo’s assets or operates advertising and sports website businesses. Even the Yahoo! brand itself is worth a lot of money given its history and reputation.

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Is Twitter Next on Microsoft’s Shopping List?

LinkedIn (NYSE: LNKD) might have been just the first name on Microsoft’s (NYSE: MSFT) shopping list. Twitter (NYSE: TWTR) could be the software giant’s next acquisition target.

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