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Snap shares surge on $100 million deal to make shows with Time Warner (SNAP, TWX)

Business Insider Monday, 19 June 2017 ()
Snap shares surge on $100 million deal to make shows with Time Warner (SNAP, TWX)Shares of Snapchat maker Snap Inc. jumped nearly 3% on Monday following the news that the app maker has entered a new agreement to make original shows with Time Warner.

The deal means that Time Warner will pay Snap $100 million to develop shows and advertise in the app over the next two years, according to a person familiar...
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Source: CBS News - < > Embed

News video: Time Warner teams up with Snapchat and other MoneyWatch headlines

Time Warner teams up with Snapchat and other MoneyWatch headlines 01:12

Time Warner strikes $100M content deal with Snapchat, and UPS will charge extra for holiday shipping. These headlines and more from CBS MoneyWatch

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