Alexandra Canal is a New York-based Senior Reporter at Yahoo Finance who covers the business of Hollywood, media and entertainment, and beyond. Alexandra's reporting ranges from breaking news announcements and earnings to deeply reported trend pieces and interviews for both print and on-air. She is also a member of the markets team where she reports on the latest economic data, along with the stock market and Federal Reserve. Alexandra graduated magna cum laude from Georgetown University.
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Disney secures support from proxy firm in Nelson Peltz battle
Proxy advisory firm Glass Lewis recommended shareholders support the company's current board.
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ESPN-Fox-WBD joint sports venture names ex-Apple exec as CEO
Pete Distad, who most recently served as an executive at Apple for a decade following six years at Disney's Hulu, will assume oversight of all aspects of the joint venture.
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Disney's Bob Iger has a surprising new ally in his activist fight: Jamie Dimon
Disney has continued to push back against Peltz's accusations ahead of a critical shareholder meeting on April 3. And its CEO now has a surprising new public supporter.
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Stock market today: S&P 500 hits new record high as investors shrug off sticky inflation data
Investors are bracing against a potential surprise in the crucial CPI inflation print, a key input into the Fed's policy deliberations.
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Consumer prices rise more than forecast as inflation pressures persist
February's CPI report is the last inflation print before the Fed's next policy decision on March 20.
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Paramount anticipates 'future price increases' amid streaming profitability push
Subscribers should expect even more price hikes to Paramount+ as streaming platforms try to reach profitability.
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Stock market today: Nasdaq leads stock slide, bitcoin tumbles after new record
Uncertainty over Fed interest rate cuts and the continued strength of tech stocks has brought caution to the market.
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Disney's Bob Iger 'working really hard' to not get distracted by Nelson Peltz fight
Disney has continued to push back against Peltz's accusations ahead of a critical shareholder meeting on April 3.
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Warner Bros. Discovery's Max to begin password-sharing crackdown later this year
An industry-wide password-sharing crackdown is gaining momentum. The latest service to announce such a move is Max.
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Fox says price of new streaming sports bundle will be in 'higher ranges' of estimates
"The pricing is going to be in the higher ranges of what people have talked about," Fox CEO Lachlan Murdoch said of the sports streaming service Fox is launching with Disney's ESPN and Warner Bros. Discovery.
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Media's two-sided dilemma: TV networks in free fall as streaming growth stalls
TV networks are in decline while streaming remains an unprofitable entity for the majority of players as costs rise and growth stalls.
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Disney reveals studio shakeup, retreats in India ahead of critical shareholder meeting
Disney has continued to push back against activist investors ahead of a critical shareholder meeting on April 3.
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Paramount CEO: Ad market tough, but bright spots ahead
Paramount, like other media companies, has struggled amid a tough ad environment. Big Tech companies have seen their businesses rebound while smaller players have not.
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Paramount says streaming losses peaked in 2022 as linear ad revenue plunges
Paramount Global reported fourth quarter results after market close on Wednesday. Here's what to know.
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1 chart shows why Hollywood produces so many sequels
There's a reason why Hollywood relies so heavily on sequels — it shows them the money.
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Stock market today: Stocks close mixed, bitcoin surges as Wall Street awaits inflation data
Stocks have lost momentum as investors regroup after the tumultuous run-up last week and as focus sharpens on the health of the US economy.
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Media layoffs: Google, Paramount, Disney, and others commit to job cuts in 2024
The media and entertainment industry's reckoning will continue in 2024 with more layoffs underway.
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Major League Soccer: Apple deal 'set the bar at a different level'
Major League Soccer says its exclusive 10-year deal with Apple helps it avoid a fragmented viewership landscape.
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'No way prices will not continue to escalate': FuboTV CEO on future of sports streaming
Watching your favorite sport is about to get a lot more expensive, one streamer is warning.
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Streaming bundles: A new era has arrived
The next wave of streaming bundles could entail media companies teaming up instead of competing with each other.