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Wednesday, July 26, 2017
Redbox Owner to Go Private for $1.6 Billion in Cash

Redbox corporate parent Outerwall July 25 announced it has entered into a definitive merger agreement with a private equities group for $1.6 billion in cash. The deal, which calls for Apollo Funds to pay Outerwall common stock shareholders $52 per share — 51% above market value — is expected to close by the third quarter.

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Netflix, 20th Century Fox TV Distribution Enter into First SVOD Deal

Netflix and 20th Century Fox Television Distribution July 25 announced their first subscription streaming video distribution agreement, for FX franchise “American Crime Story.”

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Verizon Acquiring Yahoo! for $4.8 Billion in Cash

As expected, Verizon July 25 formally announced it is acquiring venerable dotcom pioneer Yahoo for $4.83 billion in cash. The deal, pending regulatory approval, is expected to close in the first quarter of 2017.

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FlixFling Offering Spanish-Language Content

FlixFling, the transactional VOD and subscription-streaming platform, has inked a distribution deal with Olympusat, one of the largest independent media companies specializing in the ownership, distribution, production and technical services of Spanish and English language networks.

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New Releases: July 26, 2016

New releases for July 26, 2016, include 'The Boss.'

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