Media
Streaming bundles are forming, but really don’t be expecting a cable Tv-like offer any time soon
The Disney+ website on a laptop laptop or computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Photos A contradiction is establishing in the world of streaming media, and it revolves around bundling. There is certainly a consistent drumbeat of expectation that streaming companies […]
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NBCUniversal CEO Jeff Shell says movie business is ‘better economically’ with new release model
CEO of NBC Jeff Shell arrives for the Allen & Company Sun Valley Conference on July 06, 2021 in Sun Valley, Idaho. After a year hiatus due to the COVID-19 pandemic the world’s most wealthy and powerful businesspeople from the media, finance, and technology will converge at the Sun Valley Resort for the exclusive week-long […]
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Paramount’s peak earnings growth is likely in the past, Wells Fargo says in downgrade
Wells Fargo is shifting its perspective on Paramount , believing the entertainment company may have surpassed its peak earnings growth. “The transition to streaming appears to be the right one, but earnings might need another structural reset lower, even after streaming loses abate,” wrote analyst Steven Cahall in a note to clients Tuesday. “We don’t […]
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Will Smith’s to start with task considering that Oscars fiasco gets December launch day
US actor Will Smith accepts the award for Finest Actor in a Top Role for “King Richard” onstage throughout the 94th Oscars at the Dolby Theatre in Hollywood, California on March 27, 2022. Robyn Beck | Afp | Getty Illustrations or photos Will Smith’s impending film “Emancipation” will be produced in theaters on Dec. 2 […]
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Kim Kardashian pays over $1 million to settle SEC charges linked to a crypto promo on her Instagram
Reality TV star Kim Kardashian launched a private equity fund, Skky Partners, which she co-founded with Jay Sammons, a former partner at the investment firm Carlyle Group. Photo by James Devaney/GC Images via Getty Images Kim Kardashian’s crypto misadventure has landed her in hot water with federal regulators. The reality TV superstar and influencer has […]
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Disney reaches deal with activist investor Third Point, will add former Meta executive to its board
The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Images Disney has reached a deal with activist investor Dan Loeb’s Third Point, which includes adding former Meta executive Carolyn Everson to its board of directors, the companies said […]
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Digital World CEO urges Donald Trump to push shareholders to vote on merger delay
Homepage and app announcement of “Truth Social.” Christoph Dernbach | picture alliance | Getty Images Patrick Orlando, the CEO of the shell company set to take Trump Media and Technology Group public, on Friday urged Donald Trump and Trump Media CEO Devin Nunes to promote an upcoming vote to extend the merger deadline for the […]
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Disney names first president of Disney+ as it prepares to launch ad tier
In this photo illustration, a hand holding a TV remote control in front of the Disney Plus logo on a TV screen. Rafael Henrique | Sopa Images | Lightrocket | Getty Images The Walt Disney Company has named its first president of Disney+. On Thursday, the company said Alisa Bowen, who had been its executive […]
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Phil Collins, Genesis bandmates sell music rights in bundle deal – but Peter Gabriel isn’t involved in it
British Pop and Rock musician Phil Collins of the group Genesis performs onstage at the Rosemont Horizon, Rosemont, Illinois, November 14, 1981. Paul Natkin | Archive Photos | Getty Images Do you like Phil Collins? This company sure does. Collins, along with Genesis bandmates Tony Banks and Mike Rutherford, have sold a bundle of music […]
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PGA Tour countersues LIV Golf in escalating antitrust fight
Signs are posted at the LIV golf tournament on Thursday, Sept. 15, 2022, at Rich Harvest Farms in Sugar Grove, Illinois. Brian Cassella | Tribune News Service | Getty Images The PGA Tour filed a countersuit against LIV Golf late Wednesday, alleging that the Saudi-backed upstart league is guilty of anti-competitive practices. The suit is […]
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