Media
Prolonged Hollywood strikes could guide to ‘an complete collapse of an complete market,’ states IAC Chair Diller
Barry Diller, chairman and chief executive officer of IAC/InterActiveCorp. Scott Eells | Bloomberg | Getty Illustrations or photos Failing to resolve the twin strikes of the writers’ and display screen actors guilds in Hollywood will direct to “devastating outcomes if it is not settled before long,” IAC and Expedia Chairman Barry Diller mentioned in an […]
Read More
Actors union will go on strike, shutting down Hollywood
Hollywood actors are officially headed to the picket line. Unable to reach a deal with producers, members of The Screen Actors Guild – American Federation of Television and Radio Artists will join up with more than 11,000 already striking film and television writers starting at midnight. “We are the victims here,” said Fran Drescher, president […]
Read More
Disney is open to acquiring a new strategic associate for ESPN, Iger says
Disney is open to likely selling an fairness stake in ESPN and is looking for a strategic spouse in the company as it prepares to changeover the athletics network to streaming, CEO Bob Iger mentioned Thursday. The linear Television set business has degraded around the earlier 12 months extra than Iger envisioned, the Disney CEO […]
Read More
Disney pulling back on making Marvel, Star Wars content, Iger says
Cassie Lang (Kathryn Newton) and Scott Lang (Paul Rudd) in “Ant-Man and the Wasp in Quantumania.” Disney Disney is slowing down when it comes to making movies and TV series for its Marvel Studios and Lucasfilm franchises, CEO Bob Iger said on CNBC Thursday. The move comes as the company is looking to cut costs […]
Read More
Disney CEO Iger opens door to unloading TV assets as linear business struggles
Disney CEO Bob Iger opened the door to selling the company’s linear TV assets as the business struggles during the media industry’s transition to streaming and digital offerings. Iger appeared on CNBC on Thursday, the morning after the company announced it would extend his contract by two years through 2026. He returned to the helm […]
Read More
Fanatics to launch live events business as it seeks to create a sports version of Comic-Con
Pavlo Gonchar | Lightrocket | Getty Images Fanatics will launch a new live events business that will look to recreate the Comic-Con experience for sports collectibles, the company said Thursday. The new venture, called Fanatics Events, will be a partnership with events and talent management giant IMG, which is part of Endeavor. Fanatics will be […]
Read More
Huw Edwards named as BBC anchor accused of having to pay teen for express shots
The BBC’s Broadcasting Household in London, England, on July 10, 2023. Vuk Valcic/Sopa Photographs | Lightrocket | Getty Photos LONDON — The BBC’s Huw Edwards has been named by his wife as the Tv anchor accused of having to pay a teenager much more than £35,000 (close to $45,430) in trade for sexually specific pictures. […]
Read More
CNBC Daily Open: Prices are reduced and marketplaces are significant
A shopper can make their way via a grocery retail store on July 12, 2023 in Miami, Florida. The U.S. purchaser value index report showed that inflation fell to its lowest once-a-year level in much more than two a long time throughout June. (Photo by Joe Raedle/Getty Pictures) Joe Raedle | Getty Pictures Information | […]
Read More
Disney extends CEO Bob Iger’s contract through 2026, two years longer than planned
Disney CEO Robert Iger arrives for the 92nd Oscars at the Dolby Theatre in Hollywood, California on February 9, 2020. Robyn Beck | AFP | Getty Images The Walt Disney Company will extend CEO Bob Iger’s deal by two years, extending his tenure through 2026. Iger told CNBC in February that he had no intention […]
Read More
Vietnam’s digitalization initiatives fuel startup scene
Vietnamese staff working inside of the French IT business Linkbynet in Ho Chi Minh Town. A 10 years ago app engineering would probable have been created in California’s Silicon Valley, but today those people apps are becoming churned out by Vietnam’s startup sector, an marketplace pushed by area techies skilled overseas but returning home to […]
Read More