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PRESS DIGEST- New York Times business news - May 9
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PRESS DIGEST- New York Times business news - May 9
May 8, 2024 10:37 PM

May 9 (Reuters) - The following are the top stories on

the New York Times business pages. Reuters has not verified

these stories and does not vouch for their accuracy.

- Sony ( SONY ) and Apollo's plan to buy Paramount

would include auctioning off CBS, cable channels like

MTV and the Paramount Plus streaming service.

- Walt Disney ( DIS ) and Warner Bros Discovery ( WBD ) will

offer a bundle of the Disney+, Hulu and Max streaming services

in the United States starting this summer.

- General Motors ( GM ) said Wednesday it will end

production of its gasoline-powered Chevrolet Malibu car later

this year in order to produce new electric vehicles.

- Crypto exchange FTX will have between $14.5 billion and

$16.3 billion to pay its creditors and customers.

(Compiled by Bengaluru newsroom)

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