NEW YORK (AP) — Former movie mogul Harvey Weinstein has been convicted of one of the top charges in his sex crimes retrial. But the former movie mogul was also acquitted Wednesday of another charge, and jurors were as yet unable to reach a verdict on a third charge. The split verdict meted out a measure of vindication to his accusers and prosecutors. It was also to Weinstein after the landmark case was thrown into limbo. Weinstein was initially convicted five years ago. He has pleaded not guilty to all charges and told the court before the partial verdict was read Wednesday that the trial was not fair.… Continue Reading

Disney will pay Comcast’s NBCUniversal nearly $439 million for its stake in Hulu, taking full control of the streaming service. Disney said in 2023 that it was acquiring a 33% stake in Hulu from Comcast for at least $8.6 billion. That amount reflected Hulu’s guaranteed floor value of $27.5 billion, according to a regulatory filing. Disney said in the filing on Monday that its appraiser arrived at a valuation below the guaranteed floor value during the initial phase of the appraisal process, while NBCUniversal’s appraiser arrived at a valuation substantially in excess of the guaranteed floor value. A third appraiser was brought in and concluded that The Walt Disney Co. will pay $438.7 million for the Hulu stake.… Continue Reading