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A look at the behind-the-scenes business of Hollywood studio lot tours
The Hollywood sign is viewed during a clearing storm. Mario Tama | Getty Images News | Getty Images For over 100 years, Hollywood has transported audiences to worlds outside their own, from the slick streets of New York City to the yellow bricks of Oz. Hundreds of acres of land in Los Angeles are dedicated […]
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Disney, Reliance overcome cricket concerns to win approval for $8.5 bln India merger
Walt Disney Co and Reliance Industries have won approval for an $8.5 billion merger of their Indian media assets subject to some modifications, India’s antitrust watchdog said on Wednesday, after the deal sparked concerns over control of cricket broadcasts. Reliance-Disney aims to create India’s biggest entertainment player to compete with Sony, Netflix and Amazon with […]
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Sony hikes price of aging PlayStation 5 console in Japan by 19%
The PlayStation DualSense controller and PlayStation 5 console. Jakub Porzycki | Nurphoto | Getty Images Sony on Tuesday announced a price hike for its flagship PlayStation 5 console, even as the device enters its fourth year on the market. The Japanese gaming giant said its suggested retail price for the PS5 is now 79,980 yen, […]
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Reliance, Disney offer concessions to win antitrust nod for India media merger, Reuters reports
Reliance and Walt Disney have offered to sell some channels to win faster antitrust approval for their $8.5 billion India media assets merger, but are resisting changes to cricket broadcast rights they own, two sources familiar with the matter said. Antitrust experts have warned that the Reliance-Disney merger, announced in February, could face intense scrutiny […]
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Sony rules out renewing offer for Paramount, says it wouldn’t fit strategy
The Paramount Studios in Los Angeles, California, US on Monday, April 29, 2024. Eric Thayer | Bloomberg | Getty Images Sony’s finance chief on Wednesday said the Japanese technology and media giant will not reconsider a fresh bid for film and TV production group Paramount Global. Sony currently has no plans to submit a revised […]
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‘Hot money is saying sayonara’: Japan fund manager names outperforming sector to buy amid sell-off
As Japanese stocks plummet, confirming a bear market, there are opportunities in small-cap and domestic-focused companies, according to fund manager Richard Kaye. Kaye, one of the co-fund managers behind the Growth Japan fund at Comgest, believes the current market turmoil presents a chance to invest in overlooked sectors as foreign investors exit certain positions. The […]
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Olympic track and field gold medalists are about to receive prize money for the first time ever
Grant Fisher and Abdihamid Nur compete in the men’s 5000 meter final on Day Ten of the 2024 U.S. Olympic Team Track & Field Trials at Hayward Field on June 30, 2024 in Eugene, Oregon. Patrick Smith | Getty Images Sport | Getty Images World Athletics President Sebastian Coe defended his decision to pay prize […]
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Stocks making the biggest moves midday: Nvidia, Corning, Helen of Troy, UiPath and more
Check out the companies making headlines in midday trading: Nvidia — Shares of the artificial intelligence darling popped 1.8% following KeyBanc’s price target hike to $180, which implies about 40% upside from Monday’s close. The firm said demand for Nvidia’s H100 chip “remains robust” even with the imminent launch of Blackwell in the second half […]
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Skydance and National Amusements near Paramount deal as special committee reviews terms
Shari Redstone, president of National Amusements, speaks at the WSJ Tech Live conference in Laguna Beach, California, on Oct. 21, 2019. Mike Blake | Reuters David Ellison’s Skydance has reached a preliminary deal with Shari Redstone’s National Amusements to merge with Paramount, according to two people familiar with the matter, resurrecting a deal which failed […]
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‘Inside Out 2’ tops $1 billion at the global box office, first film to do so since ‘Barbie’
Amy Poehler and Maya Hawke voice Joy and Anxiety, respectively, in Disney and Pixar’s “Inside Out 2.” Disney | Pixar Disney and Pixar’s “Inside Out 2” is the newest member of the billion-dollar club. The animated feature has tallied $1.014 billion worldwide as of Sunday, making it the highest-grossing film of 2024 and the first film […]
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