BuzzFeed Nears Deal to Go Public Via SPAC, Eyeing Digital-Media Rollup 

The company hopes scale will make it easier to compete for ad dollars with Google, Facebook and Amazon.

Inside Comcast's Plan to Become a Streaming Giant 

The broadband and cable company, which owns NBCUniversal, sticks with its marriage of content and delivery, though AT&T has reversed course. Another question facing CEO Brian Roberts is whether to build or buy to reach the company's goal.

Bill Ackman Makes His Case for Music 

The hedge-fund billionaire is bullish on streaming, profitability and industry growth ahead of his investment in Universal Music Group.

Warren Buffett to Quit as Gates Foundation Trustee 

The charity is looking to strengthen its governance, and the Berkshire Hathaway CEO says he has been 'inactive' at the foundation for years.

NFL Explores Strategic Options for Media Properties 

The football league has hired Goldman Sachs to aid in the hunt for potential partnerships, which could include selling stakes.

ViacomCBS Taps Paramount+ Programming Chief in Content Leadership Shift 

Media giant is latest industry player to reorganize its ranks to prioritize streaming.

Southwest Airlines CEO to Step Down in February 

Gary Kelly, who has served as chief executive since 2004, will be succeeded by company veteran Bob Jordan, as the carrier plots its path out of the pandemic.

Shuttered U.S. Virgin Islands Oil Terminal Starts Lender Talks 

Private-equity investor EIG Global Energy Partners controls the Limetree Bay refinery and storage hub, which previously went through bankruptcy in 2015 and emerged under private ownership.

CDC Advisory Group Says 'Likely Association' Between mRNA Vaccines and Rare Myocarditis Cases 

Centers for Disease Control and Prevention advisers said there is a "likely association" between Pfizer-BioNTech and Moderna's mRNA Covid-19 vaccines and an inflammatory heart condition in some younger individuals, but noted that cases were rare and that most patients quickly felt better.

Uber, Lyft Drivers Race to Apps That Make Contract Work a Better Gig 

Gig workers are adopting apps to track pay, monitor events and dispute complaints amid a patchwork of regulatory efforts.


(END) Dow Jones Newswires

June 23, 2021 21:15 ET (01:15 GMT)

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