GOOD DAY FOR: Selling entertainment, after General Electric confirmed speculation that it’s in talks to spin off or sell part of its 80 percent stake in NBC Universal. Vivendi, which holds the other 20 percent, is reportedly looking to shed its ownership to buy Brazilian telecom GTV. Comcast is widely expected to bid for a stake of NBC, with sources saying the cable giant is shooting for 51 percent ownership. (Reuters)
BAD DAY FOR: Bells and whistles, as toymakers, facing the worst Christmas shopping season in years, are looking back to the classics—Candy Land board game, Star Wars Lego sets, Barbie—to attract value-conscious shoppers. Toy executives say familiar toys are comforting to consumers, and cutting out the bells and whistles of higher-tech toys keeps down costs, as well. (MarketWatch)
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
The Supreme Court and Congress have Planned Parenthood in their crosshairsTalking Points Budget bill, ruling threaten abortion access
-
Musk chatbot Grok praises Hitler on XSpeed Read Grok made antisemitic comments and referred to itself as 'MechaHitler'
-
AI scammer fakes Rubio messages to top officialsSpeed Read The unknown individual mimicked Rubio in voice and text messages sent to multiple government officials
