Communications services companies fell as traders hedged their bets on the outlook for Federal Reserve policy.
The National Football League is launching its own streaming service called NFL+, a direct-to-consumer subscription service that will include access to live regular-season and playoff games.
French telecommunications company Orange and Spanish peer Masmovil Ibercom agreed to merge their operations in Spain, creating a company with an enterprise value of $19 billion.
World Wrestling Entertainment expects to restate financial statements going back to 2019 after uncovering about $14.6 million in unrecorded expenses generated by longtime chairman and chief executive Vince McMahon, who is under investigation for alleged sexual misconduct.
The chief executive of 3BlackDot Holdings agreed to buy the business, making it one of the few Black-owned media companies at a time when many marketers say they want to spend more money with such enterprises.
Redbox Entertainment surged as the DVD rental concern continued to swing wildly ahead of its planned sale to media and publishing concern Chicken Soup for the Soul Entertainment.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
07-25-22 1723ET
