Interactive TV may have fallen out of favor in the cable industry, but it’s taken an even greater hit on Wall Street. The remaining ITV players are on the rebound in 2003, but a look back at the pre-bubble valuations for the sector provides perspective at the severity of the tumble. A group of seven ITV specialists (of which only four remain, including WorldGate) posted a combined market cap of more than $74.4 bil. at their all-time highs in late 1999 and early 2000. As of Sept. 17, the quartet combined for a market value of just over $3 bil.

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Wednesday–July 2

Paramount’s Reason for Settling Trump Lawsuit

With news breaking overnight of Paramount Global’s $16 million settlement of President Trump’s “60 Minutes” lawsuit, the company couldn’t ignore the elephant in the room during its annual shareholder meeting Wednesday.

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