Tag: Entertainment Content

Paramount Global’s board is preparing to fire Chief Executive Officer Bob Bakish as soon as Monday morning, according to people familiar with the matter.

Spotify Technology shares were rising early on Tuesday after the music-streaming company beat expectations for its first-quarter profit, despite slightly slower user growth than forecast.

Tencent Holdings Ltd. shares staged their biggest rally since December after China’s biggest internet firm nailed down an earlier-than-anticipated debut of one of the year’s most eagerly-awaited mobile games.

 Shares of Paramount Global rose more than 9% in premarket trade on Friday, after Reuters reported Sony Pictures Entertainment and Apollo Global Management were discussing a joint bid to acquire the media company.

Netflix beat quarterly earnings and revenue estimates.

Shares of the FTSE 250 constituent were 31% higher at 8:30 a.m. U.K. time Thursday.

Paramount Global stock soared on reports that the beleaguered media company and Skydance moved closer to a merger deal, according to The Wall Street Journal.

 Private equity firm Silver Lake, the biggest investor in Endeavor Group Holdings , on Tuesday said it had agreed to a deal to take the talent and entertainment agency private for $13 billion.

Walt Disney Co, opens new tab has secured enough shareholder votes to defeat a challenge against its board mounted by Nelson Peltz’s hedge fund Trian Fund Management, people familiar with the matter said on Tuesday.

Ως μια χρονιά ορόσημο για την Intralot χαρακτήρισε το 2023 ο αναπληρωτής διευθύνων σύμβουλος του ομίλου, Χρυσόστομος Σφάτος, κατά την τηλεδιάσκεψη για την ενημέρωση των θεσμικών αναλυτών για τα ετήσια οικονομικά αποτελέσματα της περσινής χρήσης, επισημαίνοντας ότι η εταιρεία υλοποίησε μια σειρά από στρατηγικές κινήσεις τόσο σε λειτουργικό όσο και σε οικονομικό επίπεδο μεταξύ των οποίων η αύξηση μετοχικού κεφαλαίου 135 εκατ. ευρώ και η έκδοση ομολόγου 130 εκατ. ευρώ.

Walt Disney appeared to pull ahead of activist investors in the battle for board seats and the future of the global entertainment conglomerate, with more than half of all shares voted before the company’s annual meeting on Wednesday.

Το ποσό του Ομολογιακού Δανείου θα χρησιμοποιηθεί για την αποπληρωμή του συνόλου του άληκτου κεφαλαίου των Ομολογιών λήξης Σεπτεμβρίου 2024, εκδόσεως της θυγατρικής Intralot Capital Luxembourg S.A.

Liberty Media Corp. said Monday it has reached an agreement to acquire Dorna Sports S.L., which owns the rights to the MotoGP World Championship, from Bridgepoint and Canada Pension Plan Investment Board in a deal with an enterprise value of 4.2 billion euros.

Take-Two Interactive Software has struck a deal to buy Gearbox Entertainment, the creator of the Borderlands and Tiny Tina’s Wonderlands franchises, from Sweden’s Embracer Group for $460 million in stock.

Private equity firm Apollo Global Management has offered $11 billion for Paramount Global’s Paramount Pictures film studio, a person with knowledge of the offer said on Wednesday, adding to takeover interest in the media conglomerate.

China’s Tencent Holdings posted a 7% rise in fourth-quarter revenue on Wednesday, trailing analysts’ expectations, as China’s economic slowdown takes a toll, and said it was expecting to at least double its share buybacks this year.

China’s Tencent Music Entertainment Group beat fourth-quarter revenue estimates on Tuesday, driven by growth in paid subscription on its Spotify-like music streaming platform.

Sea Ltd. shares advanced after the company reported a smaller-than-expected drop in quarterly earnings and predicted improving prospects for its e-commerce and gaming businesses.

Universal Music Group will cut jobs and streamline operations to save 250 million euros ($271.03 million) by 2026, the company said on Wednesday, a month after a lucrative licensing deal with social media platform TikTok expired.

Paramount Global long the subject of talk that it might be sold, continued to balance a fast-growing but unprofitable streaming business with a collection of declining television and movie assets in late 2024.