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Reality television is a genre of television programming which presents purportedly unscripted dramatic or humorous situations, documents actual events, and features ordinary people instead of professional actors. Although the genre has existed in some form or another since the early years of television, the term reality television is most commonly used to describe programs produced since 2000. Documentaries and nonfictional programming such as the news and sports shows are usually not classified as reality shows.
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CLSA’s chief executive has quit just two weeks after its chairman left, sparking speculation of culture clashes between the brokerage and its owner, Citic Securities. Bank mergers are hard. Alec Macfarlane explains why it’s too early to write this one off.
The abandonment of Biogen’s Alzheimer’s drug, which cost it $18 billion in market value, follows the failure of similar efforts by others. It’s a potentially huge market, but a tough one to crack. Rob Cyran explains why investors may have been too optimistic.
European authorities hit the Alphabet unit with a fresh penalty for abusing its dominance. Yet Rob Cyran points out that nearly $10 bln in collective fines pale beside the company’s $600 bln increase in market worth, which suggests regulators may need bigger sticks.
Starboard has produced a 197-page deck to support its opposition to Bristol-Myers’ $74 bln offer for Celgene. Antony Currie and Rob Cyran highlight the presentation’s contradictions and misplaced micromanagement that undermine Starboard’s case.
The ride-hailing company seeks a valuation of up to $23 bln with its public offering. Lyft has first-mover advantage over Uber, but as Richard Beales explains, supervoting shares for the founders and no clear path to profitability pose tough questions for investors.
After scandal enveloped a member of South Korean boy band Big Bang, shares in the industry’s talent agencies plummeted this week. Robyn Mak and Jeffrey Goldfarb discuss how YouTube and Spotify should be able to help the popular music export pick up the beat again.
March 14 - CEO Larry Culp says he’s hitting the reset button for the beleaguered conglomerate. But as Antony Currie and Tom Buerkle explain, selling assets and restructuring businesses will take time – and depend on avoiding problems that are beyond Culp’s control.
Weed is getting a new kind of celebrity endorser. Trian’s Nelson Peltz will bring his consumer-products nous to Aurora Cannabis in exchange for options for a 2 percent stake. John Foley says this is a smokin’ deal for the activist, whose options are already in the money.
Senators Elizabeth Warren and Amy Klobuchar have called for tighter antitrust enforcement of tech giants in their presidential campaigns. With pressure for action growing, Jen Saba says Silicon Valley would do better to work with regulators rather than fighting them.
The plane maker’s shares fell on Monday after the second fatal accident involving its new 737 MAX 8 model in six months. Even if the financial hit proves smaller than the market reaction suggests, Boeing’s prospects could still be impaired by the disaster, Ed Cropley explains.