The network's push to ramp up its online All Access service - which offers its shows on PCs, tablets and smartphones for $5.99 a month - comes as media companies are rethinking their business models and their relationships with streaming video providers, treating them more like competitors than allies. Moonves is also considering putting shows on All Access from the CW Network, its joint venture with Time Warner Inc's Warner Bros, which produced the offbeat hits "Crazy Ex-Girlfriend" and "Jane the Virgin." Ultimately, Moonves said he wants the service to include content from its Showtime subsidiary, best known for "Homeland" and "Dexter," and possibly shows from other partners.
By Julie Steenhuysen and Tom Polansek CHICAGO (Reuters) - In recent months, Chipotle has lost customers, sales and profits after outbreaks of foodborne illnesses that sickened more than 500 people from Seattle to Boston. The burrito chain will shut its 1,900 U.S. restaurants on Monday for a meeting with employees to review a rapid overhaul of practices that it hopes will eliminate outbreaks of E. coli, Salmonella and norovirus. Food safety investigations in the United States begin - and often end - at the local level, and some states limit the disclosure of implicated restaurants, keeping diners in the dark.
The vast troves of consumer data held by big Internet companies should be scrutinized in merger probes because they have a big impact on competition, the president of the German antitrust watchdog told a newspaper. Collections of "big data" - covering billions of internet searches, messages and other online interactions - hand Internet companies huge power they can exercise in marketing and commerce and which potentially makes it difficult for smaller businesses to compete in those areas. Facebook's $19 billion acquisition of Whatsapp in 2014 almost escaped scrutiny from cartel authorities as the messaging service hardly had any revenues at the time, Mundt said, adding that it was apparently still of great strategic importance to Facebook.
China's Ministry of Commerce said that claims it was dumping steel in Europe should be put to the World Trade Organization (WTO), responding to reports that the European Commission (EC) was preparing to impose duties on imported Chinese steel. WTO members should fulfill their treaty obligations and stop using "surrogate countries" to pursue anti-dumping claims, a Ministry of Commerce spokesman said, according to a statement released on the ministry's website on Saturday. The EC is set to impose provisional duties later this month of up to 16 percent on China, and of up to 26 percent on Russia, following its investigation into alleged dumping by the two countries.
By Bozorgmehr Sharafedin DUBAI (Reuters) - The French car-maker Peugeot would pay compensation to Iran according to a new contract signed with Tehran last month, for the losses inflicted through its sudden withdrawal from the Iranian market during the sanctions, Iran's minister of trade and industry said on Saturday. Peugeot suspended sales in Iran in 2012 when the international sanctions against the Islamic Republic's nuclear program were extended to the automobile sector. In January 2016, following a report by the U.N. International Atomic Energy Agency (IAEA) certifying that Tehran has met all its obligations under the nuclear deal with world powers, most of the UN, U.S. and EU sanctions on Iran were lifted.