iWorld
BookMyShow Live and Nykaa unveil Nykaaland exclusive preview
Mumbai: Painting the town pink, the inaugural edition of Nykaaland kickstarted with an exclusive preview of this first-of-its-kind beauty festival in India. Mahalaxmi Racecourse was completely transformed into a wonderland of beauty with creatively designed zones such as The Illuminator, the festival area featuring immersive brand activations along with visually appealing Nykaaland Instagrammable installations, The Spotlight stage for all things entertainment and The Foundation featuring over 80 iconic international and Indian beauty brands with their extensive product ranges.
Promoted and co-produced by BookMyShow Live, the live entertainment division of BookMyShow, India’s leading entertainment destination along with Nykaa, India’s most preferred beauty and lifestyle retailer, the exclusive first-look preview inaugurated Nykaaland, opening up doors to beauty enthusiasts from all over the country for a fun-filled two-day adventure on 4 and 5 November in the wonder-world of all things beauty, fashion, lifestyle with a dash of entertainment, culinary goodness and more!
The inauguration of Nykaaland also marks the foray of BookMyShow into yet another spectrum in an allied industry such as beauty, expanding the horizon of traditional live entertainment to curate a world of beauty that is engaging, immersive, and speaks the language that consumers resonate with. With consumer-centricity at the core of events and IPs produced by BookMyShow, Nykaaland is no different! Partnering with Nykaa, the go-to platform for all things beauty for consumers and home to an impeccable roster of international and Indian beauty brands that are most sought-after, BookMyShow leveraged its expertise as an IP curator, creating the core concept and ethos of the festival, design aesthetics, culinary indulgence, programming and production of the festival. Another core aspect of bringing to life, this IP was introducing elements beyond the purchase of beauty products by creating various touchpoints of consumer experience on-ground through masterclasses, workshops, product launches, education, sustainable beauty and more, along with interludes of entertainment throughout.
Commenting on the success of the preview, BookMyShow chief of business – live entertainment, Owen Roncon said, “Nykaaland is a celebration of beauty, lifestyle, creativity with a blend of entertainment, innovation, immersive experiences, state-of-the-art production and culinary prowess. For the debut edition of Nykaaland, our expertise in curating, building and producing large-scale entertainment events and unique IPs has embraced new concepts with world-renowned celebrities, influencers and brands being on-boarded in this partnership with Nykaa. Offering an unparalleled experience to the audience is the primary goal for us with every new IP and with Nykaaland, the stakes are higher as we enter a new realm of beauty and entertainment – a buzzing industry waiting to be tapped in an immersive experiential manner. Across different formats, we have ensured sustainable efforts are at the forefront and the same has been implemented for our consumers who will experience this extraordinary festival on-ground. It’s time for the live entertainment space to grow multi-fold across unexplored genres and we are optimistic this is just the beginning of a revolution in the ecosystem!”
Janhvi Kapoor, HRVY (UK’s pop music sensation) along with Masaba Gupta, Nushrratt Bharuccha, Alaya F, Shivshakti Sachdev and Vahbbiz Dorabjee joined in the celebrations as BookMyShow and Nykaa raised a toast to India’s first-ever beauty festival, Nykaaland. Also spotted lighting up the venue in their glamourous best were notable entrepreneurs and influencers including Muskan Chanchlani, Diipa Buller-Khosla, Aastha Shah and Sunayana Fozdar among others. As the evening drew to a close, indie band ONEmpire took the stage and ensured the crowd had a ball through the evening.
Over the weekend on 4 and 5 November, festival-goers can expect a treat in beauty, entertainment and a whole host of other fun elements that Nykaaland has to offer which were revealed in the sneak-peak at the preview today.
From renowned makeup artists, hairstylists, skincare experts and beauty influencers, the best in the business are all set to be under the spotlight over the weekend to demonstrate cutting-edge techniques and trends, engage with the audience and share their experiences and expertise.
● First up on 4 November is the global sensation best known by his Instagram moniker MakeupByMario famous for creating the most flawless version of an individual’s natural beauty! Mario Dedivanovic has been a long-time make-up artist for Kim Kardashian and other popular names. Makeup Master Class by Mario Dedivanovic, a globe-trotting experience that has been an attraction for professionals, apprentices, students-in-training and make-up enthusiasts across the world, will now land at Nykaaland, giving makeup lovers a chance to catch him at work, receive a participation certificate and exciting beauty goodies
● Prepare for an extraordinary surprise at Nykaaland as Katrina Kaif, one of India’s biggest actors, is all set to make a grand entrance during the Kay Beauty masterclass. She’ll whisk attendees to the Kay booth for a live demonstration, showcasing the incredible new Kay Beauty Eyeshadow Palette. But that’s not all – get ready for an engaging Q&A session with Katrina as she throws exciting challenges to the crowd.
● Lakmé will bring their OG muse Lisa Haydon, to Nykaaland for an exciting masterclass led by renowned makeup artist Daniel Bauer. Learn the art of Glitterati with Lakmé and how to make the most of glitter this festive season. P.S. the cherry on top, you could also be a part of creating a Guinness World Record!
● National Award-winning actor Kriti Sanon is all set to unveil the latest sensation in lip care – brand-new lip balms from her very own beauty brand Hyphen. Witness the grand revelation of these lip balms for the very first time and get a sneak peek into the future of lip care and style. This is a moment you wouldn’t want to miss!
● Get ready to be captivated by the Mane Man for Schwarzkopf Professional, Jim Sarbh, as he unveils the secrets to perfect hair care and styling. Join him in launching the latest Schwarzkopf Professional brand film and experience the magic as he takes center stage under The Spotlight.
● A magical surprise for all beauty lovers! The gorgeous Banita Sandhu is set to be seen in a bridal look for the very FIRST time as Charlotte Tilbury unveils their 3 ICONIC Indian Wedding looks during a masterclass with celebrity makeup artist Tanvi Chemburkar
● In line with Nykaaland’s spirit of self-expression, the festival will play host to an incredible line-up of the best international and Indian music and entertainment talent. Nykaaland will be headlined by none other than the UK’s sensational pop icon HRVY and India’s most loved house music icon Ritviz. With a sold-out debut UK and European tour featuring runaway hits including “I Wish You Were Here” and over 3 billion combined global streams, HRVY returns to India with Nykaaland. Tapping into classical roots to create new-age music, few Indian artists have experienced the meteoric rise to fame that Ritviz has with hits such as Udd Gaye, Liggi, and Jeet garnering over 1.5 billion combined streams to become amongst the highest in the Indian indie music space
BookMyShow entertainment destination has been making compelling strides in India’s entertainment ecosystem through its live entertainment division BookMyShow Live across live music, comedy, performance, sports, theatricals and more. With Nykaaland, BookMyShow has expanded live entertainment’s potential into untapped segments like beauty in a first for India, as the pioneer of unparalleled out-of-home live entertainment experiences.
Co-produced by BookMyShow Live and Nykaa, Nykaaland is a one-of-a-kind beauty & lifestyle festival that offers an immersive and inclusive experience, featuring everything from exclusive product launches to unforgettable entertainment. Don’t miss out on this unparalleled beauty extravaganza!
Nykaaland is generously supported by RuPay as the Presenting partner and the Singapore Tourism Board as the Destination partner for the festival.
iWorld
Paid panic: how paid posts sparked a child-safety scare in Delhi and Mumbai
A wave of panic swept through Delhi and Mumbai over the past week as viral social media posts claimed a sudden spike in missing and kidnapped children. The alarm bells proved false. Both cities’ police forces issued categorical denials, pointing fingers at paid promotion and rumour-mongering designed to create public hysteria. The twist: fingers are now pointing at Yash Raj Films, accused of orchestrating the scare as guerrilla marketing for Mardaani 3, its upcoming vigilante thriller about child trafficking.
The episode lays bare a darker truth about India’s social media ecosystem. With smartphone penetration soaring and screen time at record highs, paid promotion tools have become weapons of mass hysteria. A few thousand rupees can boost a post to millions of eyeballs within hours. When that post plays on primal fears like child safety, verification becomes an afterthought. Users share first, question later. The result: manufactured crises that feel real until authorities scramble to debunk them.
Delhi Police took to Instagram 23 hours ago with a blunt message: “After following a few leads, we discovered that the hype around the surge in missing girls in Delhi is being pushed through paid promotion. Creating panic for monetary gains won’t be tolerated, and we’ll take strict action against such individuals.” The post, captioned “Facts matter, Fear doesn’t”, made clear the force’s irritation at being dragged into what it views as a manufactured crisis.
Mumbai Police followed suit, issuing a statement denying claims of kidnappings. “Certain social media handles are misrepresenting data and indulging in rumour-mongering regarding cases of missing and kidnapped children. We categorically deny these claims,” the force wrote. It added that FIRs were being registered against those “deliberately spreading false information and creating public panic.”
The misinformation spread with startling effectiveness. Popular Instagram and Twitter accounts, some with hundreds of thousands of followers, shared alarming statistics and anecdotal reports of vanished children, tagging police handles and demanding action. The posts gained traction quickly, amplified by concerned parents and activists. Only when both police forces traced the origin of the claims did the facade crumble: many of the viral posts were boosted through paid promotion, a telltale sign of coordinated astroturfing rather than organic concern.
Enter Yash Raj Films, the 50-year-old production house behind the Mardaani franchise. The series, starring Rani Mukerji as a no-nonsense cop battling human trafficking rings, has built its brand on gritty, socially conscious thrillers. Mardaani 3 is in production, and online chatter swiftly connected the dots between the missing persons panic and the film’s subject matter. Accusations flew: had YRF seeded fake stories to drum up buzz for its vigilante cop sequel?
YRF issued a furious rebuttal. “Yash Raj Films is a 50-year-old company founded on the core principles of being highly ethical and transparent,” a spokesperson said. “We strongly deny the accusations floating on social media that Mardaani 3’s promotional campaign has deliberately sensationalised a sensitive issue like this and we have immense trust in our authorities that they will share all facts and truths in due course of time.”
The denial is categorical, but scepticism lingers. Guerrilla marketing, viral hoaxes masquerading as public service announcements, manipulated data: these are not unheard of in Bollywood’s playbook, though rarely deployed on such a sensitive issue. Child safety is a third rail; exploiting it for box office returns crosses a line even by the industry’s elastic ethical standards.
Yet the evidence tying YRF directly to the posts remains circumstantial. No smoking gun links the production house to the paid promotions flagged by police. What is clear is that someone paid to amplify posts about missing children at precisely the moment a film about missing children was in the public eye. Whether that someone was a rogue marketing agency, an overzealous publicist, or a bad actor with no YRF connection remains murky.
The fallout is reputational. YRF, which has cultivated a family-friendly, socially responsible image across five decades, now finds itself defending against accusations of weaponising child safety fears. The Mardaani franchise, built on the premise of protecting the vulnerable, risks being tarred as exploitative. Rani Mukerji, the face of the series, has yet to comment.
For Delhi and Mumbai police, the episode is a reminder of social media’s double-edged sword. The platforms amplify genuine crises but also manufacture fake ones with alarming ease. Paid promotion tools, designed to help legitimate businesses reach audiences, can just as easily turbocharge hoaxes. Distinguishing signal from noise requires resources and speed that overstretched forces often lack.
India’s social media consumption has exploded. The average urban user now spends over four hours daily on platforms, doom-scrolling through an endless feed of news, gossip and outrage. Algorithms prioritise engagement over accuracy, pushing emotionally charged content to the top. A post about missing children triggers immediate shares; a dry police denial struggles for traction. By the time fact-checkers mobilise, the lie has circled the country thrice.
Paid promotion supercharges this dynamic. For as little as Rs2,000, anyone can boost a post to lakhs of users, targeting specific demographics and geographies. The tools are legitimate, used daily by small businesses and political campaigns. But in the wrong hands, they become misinformation missiles. A fabricated crisis about child kidnappings, amplified by paid reach, looks indistinguishable from organic concern. Users see friends sharing it, assume it must be true, and hit repost. The cascade is self-reinforcing.
The broader pattern is troubling. Misinformation thrives on emotional triggers: fear for children, distrust of institutions, calls to action. A viral post claiming kidnappings demands immediate sharing; verifying it feels like wasted time when lives might be at stake. By the time authorities debunk the claims, the damage is done. Panic has spread, trust in institutions has eroded, and the original purveyors of the hoax have vanished into the digital ether.
This is the new normal. Every week brings a fresh panic: contaminated food, imminent disasters, communal violence rumours. Most prove baseless. Yet each one finds traction because social media rewards speed over truth. The infrastructure designed to connect people now excels at frightening them. Platforms profit from the chaos; advertisers pay for eyeballs regardless of whether the content is fact or fiction. The incentives are perverse, and there is no fix in sight.
Whether YRF is guilty or merely collateral damage in a misinformation campaign will depend on what authorities uncover in their investigations. The production house insists it has “immense trust” that police will reveal the truth. If that truth exonerates YRF, the studio will still carry the stain of association. If it implicates them, Mardaani 3 will enter cinemas under a cloud that no amount of box office success can dispel.
For now, the message from both police forces is unambiguous: there is no surge in missing children, the panic was engineered, and those responsible will face consequences. Parents can exhale. Social media users might want to pause before hitting share. And Bollywood’s marketers, ethical or otherwise, have been put on notice: weaponising fear for profit will not go unpunished.
A wave of panic swept through Delhi and Mumbai over the past week as viral social media posts claimed a sudden spike in missing and kidnapped children. The alarm bells proved false. Both cities’ police forces issued categorical denials, pointing fingers at paid promotion and rumour-mongering designed to create public hysteria. The twist: fingers are now pointing at Yash Raj Films, accused of orchestrating the scare as guerrilla marketing for Mardaani 3, its upcoming vigilante thriller about child trafficking.
The episode lays bare a darker truth about India’s social media ecosystem. With smartphone penetration soaring and screen time at record highs, paid promotion tools have become weapons of mass hysteria. A few thousand rupees can boost a post to millions of eyeballs within hours. When that post plays on primal fears like child safety, verification becomes an afterthought. Users share first, question later. The result: manufactured crises that feel real until authorities scramble to debunk them.
Delhi Police took to Instagram 23 hours ago with a blunt message: “After following a few leads, we discovered that the hype around the surge in missing girls in Delhi is being pushed through paid promotion. Creating panic for monetary gains won’t be tolerated, and we’ll take strict action against such individuals.” The post, captioned “Facts matter, Fear doesn’t”, made clear the force’s irritation at being dragged into what it views as a manufactured crisis.
Mumbai Police followed suit, issuing a statement denying claims of kidnappings. “Certain social media handles are misrepresenting data and indulging in rumour-mongering regarding cases of missing and kidnapped children. We categorically deny these claims,” the force wrote. It added that FIRs were being registered against those “deliberately spreading false information and creating public panic.”
The misinformation spread with startling effectiveness. Popular Instagram and Twitter accounts, some with hundreds of thousands of followers, shared alarming statistics and anecdotal reports of vanished children, tagging police handles and demanding action. The posts gained traction quickly, amplified by concerned parents and activists. Only when both police forces traced the origin of the claims did the facade crumble: many of the viral posts were boosted through paid promotion, a telltale sign of coordinated astroturfing rather than organic concern.
Enter Yash Raj Films, the 50-year-old production house behind the Mardaani franchise. The series, starring Rani Mukerji as a no-nonsense cop battling human trafficking rings, has built its brand on gritty, socially conscious thrillers. Mardaani 3 is in production, and online chatter swiftly connected the dots between the missing persons panic and the film’s subject matter. Accusations flew: had YRF seeded fake stories to drum up buzz for its vigilante cop sequel?
YRF issued a furious rebuttal. “Yash Raj Films is a 50-year-old company founded on the core principles of being highly ethical and transparent,” a spokesperson said. “We strongly deny the accusations floating on social media that Mardaani 3’s promotional campaign has deliberately sensationalised a sensitive issue like this and we have immense trust in our authorities that they will share all facts and truths in due course of time.”
The denial is categorical, but scepticism lingers. Guerrilla marketing, viral hoaxes masquerading as public service announcements, manipulated data: these are not unheard of in Bollywood’s playbook, though rarely deployed on such a sensitive issue. Child safety is a third rail; exploiting it for box office returns crosses a line even by the industry’s elastic ethical standards.
Yet the evidence tying YRF directly to the posts remains circumstantial. No smoking gun links the production house to the paid promotions flagged by police. What is clear is that someone paid to amplify posts about missing children at precisely the moment a film about missing children was in the public eye. Whether that someone was a rogue marketing agency, an overzealous publicist, or a bad actor with no YRF connection remains murky.
The fallout is reputational. YRF, which has cultivated a family-friendly, socially responsible image across five decades, now finds itself defending against accusations of weaponising child safety fears. The Mardaani franchise, built on the premise of protecting the vulnerable, risks being tarred as exploitative. Rani Mukerji, the face of the series, has yet to comment.
For Delhi and Mumbai police, the episode is a reminder of social media’s double-edged sword. The platforms amplify genuine crises but also manufacture fake ones with alarming ease. Paid promotion tools, designed to help legitimate businesses reach audiences, can just as easily turbocharge hoaxes. Distinguishing signal from noise requires resources and speed that overstretched forces often lack.
India’s social media consumption has exploded. The average urban user now spends over four hours daily on platforms, doom-scrolling through an endless feed of news, gossip and outrage. Algorithms prioritise engagement over accuracy, pushing emotionally charged content to the top. A post about missing children triggers immediate shares; a dry police denial struggles for traction. By the time fact-checkers mobilise, the lie has circled the country thrice.
Paid promotion supercharges this dynamic. For as little as Rs 2,000, anyone can boost a post to lakhs of users, targeting specific demographics and geographies. The tools are legitimate, used daily by small businesses and political campaigns. But in the wrong hands, they become misinformation missiles. A fabricated crisis about child kidnappings, amplified by paid reach, looks indistinguishable from organic concern. Users see friends sharing it, assume it must be true, and hit repost. The cascade is self-reinforcing.
The broader pattern is troubling. Misinformation thrives on emotional triggers: fear for children, distrust of institutions, calls to action. A viral post claiming kidnappings demands immediate sharing; verifying it feels like wasted time when lives might be at stake. By the time authorities debunk the claims, the damage is done. Panic has spread, trust in institutions has eroded, and the original purveyors of the hoax have vanished into the digital ether.
This is the new normal. Every week brings a fresh panic: contaminated food, imminent disasters, communal violence rumours. Most prove baseless. Yet each one finds traction because social media rewards speed over truth. The infrastructure designed to connect people now excels at frightening them. Platforms profit from the chaos; advertisers pay for eyeballs regardless of whether the content is fact or fiction. The incentives are perverse, and there is no fix in sight.
Whether YRF is guilty or merely collateral damage in a misinformation campaign will depend on what authorities uncover in their investigations. The production house insists it has “immense trust” that police will reveal the truth. If that truth exonerates YRF, the studio will still carry the stain of association. If it implicates them, Mardaani 3 will enter cinemas under a cloud that no amount of box office success can dispel.
For now, the message from both police forces is unambiguous: there is no surge in missing children, the panic was engineered, and those responsible will face consequences. Parents can exhale. Social media users might want to pause before hitting share. And Bollywood’s marketers, ethical or otherwise, have been put on notice: weaponising fear for profit will not go unpunished.
eNews
Why Sam Altman was fired: Microsoft CTO email reveals board failure
WASHINGTON: At OpenAI, the fight was not about artificial intelligence going rogue—it was about who got the GPUs.
An internal email from Microsoft chief technology officer Kevin Scott, sent on November 19, 2023, offers the clearest account yet of the events that culminated in the sudden firing of Sam Altman as OpenAI’s chief executive. Far from a single ideological rupture, Scott describes a combustible mix of resource wars, bruised egos and a board ill-equipped to manage the world’s hottest AI company.
According to the email, addressed to Microsoft chief executive Satya Nadella, president Brad Smith and other senior leaders, OpenAI co-founder Ilya Sutskever had been “increasingly at odds” with Altman on two fronts.
Read the full email below to find out:
[This document is from Musk v. Altman (2026).]
From: Kevin Scott
Sent: Sunday, November 19, 2023 7:31 AM
To: Frank X. Shaw, Satya Nadella, Brad Smith, Amy Hood, Caitlin McCabe
Frank,
I can help you with the timeline and with our best understanding of what was going on. I think the reality was that a member of the board, llya Sutskever, had been increasingly at odds with his boss, Sam, over a variety of issues.
One of those issues is that there is a perfectly natural tension inside of the company between Research and Applied over resource allocations. The success of Applied has meant that headcount and GPUs got allocated to things like the API and ChatGPT. Research, which is responsible for training new models, could always use more GPUs because what they’re doing is literally insatiable, and it’s easy for them to look at the success of Applied and believe that in a zero sum game they are responsible for them waiting for GPUs to become available to do their work. I could tell you stories like this from every place l’ve ever worked, and it boils down to, even if you have two important, super successful things you’re trying to work on simultaneously, folks rarely think about the global optima. They believe that their thing is more important, and that to the extent that things are zero sum, that the other thing is a cause of their woes. It’s why Sam has pushed us so hard on capacity: he’s the one thing about the global optima and trying to make things non-zero sum. The researchers at OAl do not appreciate that they would not have anywhere remotely as many GPUs as they do have if there were no Applied at all, and that Applied has a momentum all its own that must be fed. So the only reasonable thing to do is what Sam has been doing: figure out how to get more compute.
The second of the issues, and one that’s deeply personal to llya, is that Jakub moreso than Ilya has been making the research breakthroughs that are driving things forward, to the point that Sam promoted Jakub, and put him charge of the major model research directions. After he did that, Jakub’s work accelerated, and he’s made some truly stunning progress that has accelerated in the past few weeks. I think that Ilya has had a very, very hard time with this, with this person that used to work for him suddenly becoming the leader, and perhaps more importantly, for solving the problem that Ilya has been trying to solve the past few years with little or no progress. Sam made the right choice as CEO here by promoting Jakub.
Now, in a normal company, if you don’t like these two things, you’d appeal to your boss, and if he/she tells you that they’ve made their decision and that it’s final, your recourse is accept the decision or quit. Here, and this is the piece that everyone should have been thinking harder about, the employee was also a founder and board member, and the board constitution was such that they were highly susceptible to a pitch by Ilya that portrays the decisions that Sam was making as bad. I think the things that made them susceptible, is that two of the board members were effective altruism folks who all things equal would like to have an infinite bag of money to build AGI-like things, just to study and ponder, but not to do anything with. None of them were experienced enough with running things, or understood the dynamic at OAI well enough to understand that firing Sam not only would not solve any of the concerns they had, but would make them worse. And none of them had experience, and didn’t seek experience out, in how to handle something like a CEO transition, certainly not for the hottest company in the world.
The actual timeline of events through Friday afternoon as I understand them:
Thursday late night, the board let’s Mira know what they’re going to do. By board, it’s Ilya, Tash, Helen, and Adam.
Mira calls me and Satya about 10-15 minutes before the board talks to Sam. This is the first either of us had heard of any of this. Mira sounded like she had been run over by a truck as she tells me.
OAl Board notifies Sam at noon on Friday that he’s out, and that Greg is off the board, and immediately does a blog post.
OAl all hands at 2P to rattled staff.
Greg resigns. He was blindsided and hadn’t been in the board deliberations, and hadn’t agreed to stay.
Jakub and a whole horde of researchers reach out to Sam and Greg trying to understand what happened, expressing loyalty to them, and saying they will resign.
Friday night Jakub and a handful of others resign.
iWorld
Netflix faces DOJ scrutiny over $82.7bn Warner Bros acquisition
WASHINGTON/NEW YORK: The US Department of Justice is probing whether Netflix deployed anti-competitive tactics around its proposed $82.7bn acquisition of Warner Bros Discovery’s studios and streaming business, the Wall Street Journal reported, signalling early antitrust unease over a deal that could redraw Hollywood’s power map.
In a civil subpoena reviewed by the paper, the department asked another entertainment company to detail “any other exclusionary conduct” by Netflix that could plausibly entrench market or monopoly power. Regulators also sought views on whether rival bids, most notably from Paramount Skydance, could harm competition, and how past studio or distributor mergers have affected bargaining power for creative talent, including variations in talent contracts across studios.
Warner Bros’ appeal is obvious: marquee film and television studios, a deep content vault, and franchises spanning Game of Thrones, Harry Potter and DC Comics’ Batman and Superman. But the scale is precisely what has caught regulators’ attention. The DOJ’s review, the WSJ said, is at an early stage.
The spotlight is not limited to Netflix. The DOJ is also reviewing Paramount’s proposed bid, which Warner Bros’ board has unanimously rejected as “inadequate” and “not in the best interests” of shareholders. Paramount is pressing to wrap up the government’s review within weeks, Bloomberg News reported, citing people familiar with the matter. Once information requests are satisfied, a 10-day waiting period will begin for the DOJ to decide whether to challenge the offer on competition grounds.
Politics is adding heat. Netflix co-CEO Ted Sarandos faced sharp questioning from US senators this week over how the deal might affect competition across entertainment. Overseas, scrutiny is building too: British politicians and former policymakers have urged the UK’s competition watchdog to open a full review, while EU antitrust regulators are expected to examine rival bids by Netflix and Paramount Skydance in parallel.
Markets, for now, shrugged. The S&P 500 rose about 2 per cent and the Nasdaq gained more than 2 per cent.
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