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06.06.2023 / 16:33

Kit Harington Gets To Work on 'Industry' Season 3 With Marisa Abela

Kit Harington looks ready for business in London, England on the set of his new show.

Kit Harington Amy Winehouse Marisa Abela Harry Lawtey London film show stars reports actor CEO IPO

18.05.2023 / 12:25

Poised for Breakup, China’s Alibaba Finishes Year With $10 Billion Profit

Patrick Frater Asia Bureau Chief Alibaba, China’s e-commerce and entertainment giant, announced net profits of $10.6 billion for its financial year to the end of March, a year-on-year increase of 39%. The rebound was achieved on revenues of $126 billion that were up by just 2%. Using the group’s preferred non-GAAP measure to exclude extraordinary items, net income rose by a smaller 4%, but weighed in at over $20 billion. The importance of the overall figures has been rendered moot by Alibaba’s end of March announcement that it plans to transform itself from an operating company into a holding company, by allowing each of its six divisions to go their own way.

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29.04.2023 / 01:09

CW Parent Nexstar Media Group Reports $39.3M In Total 2022 Pay For CEO Perry Sook

Perry Sook, who has led Nexstar Media Group from humble beginnings two-plus decades ago to its current status as the top owner of TV stations and the parent of The CW, made $39.3 million in 2022.

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28.04.2023 / 22:45

Endeavor CEO Ari Emanuel’s Pay Drops To $19.1 Million In Year Following IPO Windfall

Endeavor Group Holdings CEO Ari Emanuel, whose bonus-laden $308 million pay package turned heads in 2021, made $19.1 million in 2022, according to the company’s latest proxy filing.

Ari Emanuel Patrick Whitesell Mark Shapiro Jason Lublin president sports google CEO IPO Enterprise

27.04.2023 / 17:19

‘Industry’ Casts ‘Barry’ Star Sarah Goldberg

Sarah Goldberg has already lined up a new gig now that Barry is saying buh-bye: she is joining season 3 of HBO’s Industry.

Kit Harington Bill Hader Rebecca Ferguson Sarah Goldberg Jane Tranter Konrad Kay Ryan Rasmussen Sally Reed Kate Crowther Britain BBC stars google CEO IPO Enterprise

27.04.2023 / 16:41

‘Barry’ Star Sarah Goldberg Joins ‘Industry’ Season 3 at HBO

Joe Otterson TV Reporter Sarah Goldberg is staying put at HBO, with the “Barry” star set for a recurring guest star role in Season 3 of “Industry.” Production is set to begin in the U.K. soon on the new season of the series, which is a co-production with the BBC. The Season 3 logline states “As Pierpoint looks to the future and takes a big bet on ethical investing, the desk find themselves front and center in the splashy IPO of Lumi, a green tech energy company — in a story that runs all the way to the very top of finance, media and government.” Goldberg will appear in the role of Petra Koenig, described as “a portfolio manager at ethical investment fund FutureDawn.” Goldberg is the latest recurring guest star announced for Season 3, alongside Kit Harington, who will play the CEO of Lumi.

Kit Harington Rebecca Ferguson Sarah Goldberg Joe Otterson Jane Tranter Konrad Kay Ryan Rasmussen Kate Crowther BBC show stars reports actress CEO IPO

04.04.2023 / 20:25

Kit Harington Sets His HBO Return, Joins Cast of 'Industry' for Season 3

Kit Harington is heading back to HBO!

Kit Harington Britain stars reports actor CEO IPO Provident

04.04.2023 / 18:19

Kit Harington Joins Season 3 Of ‘Industry’

EXCLUSIVE: Kit Harington is about to start production on his next drama for HBO and no — we’re not talking about the Jon Snow sequel.

Kit Harington Jon Snow Rebecca Ferguson Jane Tranter Konrad Kay Ryan Rasmussen Kate Crowther Britain BBC stars exclusive google CEO IPO Enterprise

28.03.2023 / 12:57

China’s Alibaba Unveils Corporate Restructuring

Patrick Frater Asia Bureau Chief Alibaba, the Chinese e-commerce and media group, unveiled a top to bottom corporate restructuring that it says is intended to “unlock shareholder value and foster market competitiveness.” The group, which has a current market capitalization of $228 billion, will split itself into six divisions of differing sizes. Each unit will have a CEO and a board of directors and can pursue independent fund-raising or even IPOs, when they are ready. At present Alibaba has its shares and ADR shares listed in Hong Kong and New York. Some parts of its media business also have their own Hong Kong share listing Alibaba Pictures. (And there is a healthcare business with yet another share quote.)

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01.03.2023 / 01:53

Endeavor Is “Well-Positioned” For A Potential Writers Strike, CEO Ari Emanuel Says

Endeavor CEO Ari Emanuel isn’t making many predictions or taking sides as the WGA deadline approaches.

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07.01.2023 / 22:17

Chinese Entrepreneur Jack Ma Reduces Voting Rights Stake In Ant Group, Further Diminishing His Influence

Former China high-flyer Jack Ma’s influence is being further cut, as the Ant Group company he cofounded said he is reducing his voting rights at the financial technology firm as it restructures in line with a regulatory crackdown.

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dailyrecord.co.uk

23.12.2022 / 15:53

Password sharing on Netflix, Amazon Prime and Disney Plus could break the law

Password sharing on streaming sites like Netflix, Amazon and Disney Plus may be illegal, a UK Government body has warned.

Britain USA Netflix action IPO

30.08.2022 / 13:59

Chinese Streamer iQiyi Reduces Quarterly Losses, Raises $500 Million in Debt Sale

Patrick Frater Asia Bureau Chief After more than a decade of losses, Chinese video streamer iQiyi Tuesday unveiled another improved quarter. But its problems are scarcely in the rear-mirror and it simultaneously announced that it will raise a further $500 million of capital. Revenues in the April to June 2022 period, the second quarter of iQiyi’s financial year, dropped by 13% to RMB 6.66 billion. Net losses for the quarter weighed in at RMB214 million. That was a massive reduction compared with the RMB1.40 deficit recorded in the equivalent quarter in 2021. But it also represented a return to loss after recording a maiden first quarter profit – RMB169 million – in the January to March period.

Frater Asia China record IPO Patrick

23.08.2022 / 11:17

Digital Comics Firm Kakao Piccoma Delays IPO, Aims to Keep $6 Billion Valuation – Report

Patrick Frater Asia Bureau ChiefKakao Piccoma, a Japanese online animation firm, has reportedly pushed back its plans for a share listing on the Tokyo Stock Exchange, previously indicated for December this year. The company hopes that the delay will help it hold on to a $6 billion valuation.The company is jointly owned by Kakao, the Korean tech and messaging giant, and Kakao Entertainment, with shareholding respectively 73% and 18%. Piccoma raised finance last year though a private share sale that brought in Anchor Capital, valued it at JPY847 billion ($6.17 billion at current exchange rates).

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18.08.2022 / 20:31

Bona Film Group Scores $1.5 Billion Valuation as Shares Soar on Stock Market Debut

Patrick Frater Asia Bureau ChiefShares of China’s Bona Film Group soared by 44% on Thursday, their first day of trading following an initial public offering on the Shenzhen stock market.The company had offered its shares for sale at RMB5.03 apiece. They quickly climbed to RMB7.24, before hitting the market’s ceiling on daily price movements. At this price, the company is valued at RMB9.96 billion or $1.47 billion.

China Hong Kong film IPO Patrick

02.08.2022 / 10:11

China’s Bona Film Group Returning to Stock Market, Finalizing IPO in Shenzhen

Patrick Frater Asia Bureau ChiefBona Film Group, one of China’s most consistently successful private sector movie studios, is in the final stages of launching an IPO on the Shenzhen stock exchange. The company was behind last year’s “The Battle of Lake Changjin,” the highest grossing film of all time in China.The IPO move represents a return to public company status for a firm that has frequently been ahead of its time.Bona was in the early wave of Chinese companies to list their share in the U.S. and achieved an IPO on the NASDAQ exchange in 2010, in the hope that U.S.

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05.07.2022 / 18:05

French Streaming Service Deezer’s Stock Plunges in Public Debut on Paris Exchange

Jem Aswad Senior Music EditorThe French audio streaming service Deezer made its debut on the Paris Euronext market Tuesday and immediately plunged 35% from its €8.5 opening, rising slightly to level off at around €6.2 by late in the afternoon.Earlier this year the company, which is one of the world’s largest streaming services despite a relatively low U.S. profile, merged with a special-purpose acquisition company (SPAC) with an eye toward going public at a $1.13 billion valuation.

Joe Rogan Jem Aswad-Senior France social Music IPO

17.06.2022 / 18:35

ICM Gripped By Discontent & Anxiety As CAA Acquisition Decision Draws Near

The steady trickle of agents leaving ICM Partners over the past nine months has grown into a stream in the last week, with dozens of reps making inquiries to other agencies and management companies as they mull their future ahead of the pending Department of Justice ruling on ICM’s proposed acquisition by CAA.

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14.06.2022 / 14:11

Vivendi to Own 57.3% Stake in Lagardere Group Following IPO

Elsa Keslassy International CorrespondentVivendi is on track to own a 57.35-percent stake in Lagardère, the French media, publishing and travel retail conglomerate, following a public tender offer which took place May 27 to June 9. If approved by the anti-trust board, Vivendi will also own 47.33% of the voting rights of Lagardère.

France track IPO Banner

24.05.2022 / 21:09

Special Purpose Acquisition Companies Poised To Shake Up The Media Space — Deadline Disruptors

Special purpose acquisition companies—known as SPACs—have been all the rage in the world of investment for the last two years, and they’ve made a mark in the media space, but is the trend slowing down?

India Entertainment target IPO

29.04.2022 / 17:01

A Year After IPO, Endeavor Defies Doubters, but Pressure for Profit Will Only Grow (Column)

Cynthia Littleton Business EditorAs Endeavor marks the first anniversary today of its debut on the New York Stock Exchange, the company deserves credit for doing a lot of things right.The stock has stayed above its IPO price of $24 for most of the past 12 months. The company has generated enough topline revenue gains amid tough economic conditions to demonstrate that its divisions have room to grow.But in other ways, the company led by Ari Emanuel looks to become harder to sell in the future if Endeavor wants to stay a public entity.

David Zaslav Warner Bros Ari Emanuel New York awards CEO IPO Column

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