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Netflix, Disney Extend Licensing Agreement

Netflix and Disney-ABC has entered into an extension of their previous existing licensing agreement. The extension allows Netflix to continue to stream library episodes from ABC Studios, Disney Channel and ABC Family over the Internet.  As part of the deal, Netflix is also adding new content to its lineup of Disney-ABC series and TV movies.

Episodes from new seasons of current Disney-ABC series will be made available to Netflix 30-days after the last episode of each season airs. Among the series and TV movies extended as part of the deal include prior season episodes of Grey’s Anatomy, Desperate Housewives, and Private Practice; and all episodes of Lost, Brothers & Sisters, and Ugly Betty, among others.

 

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Oracle is moving its world headquarters to Nashville to be closer to health-care industry — CNBC

Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major health-care epicenter, writes Ashley Capoot.

U.S. bans noncompete agreements for nearly all jobs — NPR

The Federal Trade Commission narrowly voted Tuesday to ban nearly all noncompetes, employment agreements that typically prevent workers from joining competing businesses or launching ones of their own, writes Andrea Hsu. 

The Coca-Cola Company commits $1.1B to Microsoft Cloud and AI partnership

The Coca-Cola Company and Microsoft announced a five-year partnership on Tuesday. As part of the collaboration, Coca-Cola has committed $1.1 billion to Microsoft Cloud and generative AI capabilities.