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Justin Bieber
Justin Drew Bieber (born March 1, 1994) is a Canadian singer, songwriter and actor. Encountered at 13 years old by talent manager Scooter Braun after he had watched the boy's YouTube cover song videos, Bieber was signed to RBMG Records in 2008. Bieber's debut EP, My World, released in late 2009, made Bieber the first artist to have seven songs from a debut record chart on the Billboard Hot 100.
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Hollywood pandemic reports

Hollywood's Debt Dilemma: "You Are Sitting on All This Cash, What Do You Do With It?"

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hollywoodreporter.com

Shuttered cinemas, closed theme parks, lower advertising spending — one year ago, the realization sank in across Hollywood that the pandemic would cause a hit to earnings and cash flow for an unknown duration.

At the time, entertainment giants pivoted to raise capital and started preserving cash by freezing stock buybacks or dividends, and drawing up plans for cost cuts and layoffs.

As ratings agencies handed out downgrades, debt burdens and cash war chests moved into Wall Street’s focus. Now, in the wake of those decisions, the industry’s balance sheets are showing higher debt-to-earnings ratios.

But that may not be worrying executives. Wall Street observers say most entertainment giants are in solid financial positions despite higher debt.

Read more on hollywoodreporter.com
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