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0 0 0.000180505415162419 0.000361010830324838 0 0.000180505415162419 -0.00162454873646216 -0.00614079422382677
Stock impact report

Opinion: Big Tech's strategy to shape the future of streaming involves more than buyouts [Yahoo! Finance]

Warner Bros. Discovery, Inc. - Series A (WBD) 
Company Research Source: Yahoo! Finance
Hong, Associated Press Big Tech companies are battling to control the future of American entertainment — and their efforts extend far beyond the high-profile nearly $100 billion bidding war to buy out Warner Bros. Discovery and its media portfolio. While Paramount may have won the battle for Warner Bros., Netflix is working with dozens of other large tech companies — from device makers like Samsung to social media platforms like Meta — to seize control of the underlying standardized technologies that enable Americans to stream movies, shows and videos seamlessly across their TVs, laptops and phones. If these companies get their way, they'll be able to snuff out smaller competitors working on new and better video streaming technologies — including companies that helped invent the technologies that make streaming possible today. Over time, that decline in competition means less innovation, lower-quality devices and services for American consumers — and fewer jobs for American work Show less Read more
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