Friday, October 11, 2019

Fox News Execs Praise Shepard Smith as He Exits: ‘This Day is Especially Challenging’

Fox news chiefs Suzanne Scott and Jay Wallace addressed the sudden departure of longtime anchor Shepard Smith on Friday. In a memo to staff obtained by Variety, Scott, CEO of cable-news channel, and Wallace, president and executive editor, praised Smith, writing, “While this day is especially challenging for both of us who have worked alongside […]

from Variety https://ift.tt/33lBL4r

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Netflix to Raise Another $2 Billion Through Debt to Fund Massive Content Spending

Netflix, burning boatloads of cash with a projected $15 billion content budget for 2019, is adding to its debt load once again. On Monday (O...