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...Now, the Department of Justice is reportedly preparing to sue Ticketmaster’s parent company Live Nation Entertainment over anti-competitive practices....
...The company’s operating income surged 54 per cent in the first quarter as it added 9.3mn subscribers worldwide, proving that the efforts to reduce password sharing it launched last year have had more lasting...
...Another 95 MGM employees had their login credentials stolen and resold in the same data set, as did some at Caesars Entertainment, an MGM rival that disclosed in a Securities and Exchange Commission filing...
...Netflix has agreed a $5bn deal to screen World Wrestling Entertainment’s flagship Raw programme in the US over the next decade, in the group’s biggest foray so far into streaming live events....
...Its operating margin is now at 20 per cent on the back of its new value tier which includes advertising. Depending on the year, Netflix spends around $15bn on acquiring programming....
...When entertainment companies first competed in streaming they began by hoarding their most popular TV shows and films....
...HOLD: Flutter Entertainment (FLTR) A calculated expansion into the huge US gaming market pays off for Flutter, writes Julian Hofmann....
...The pay-off could come if Walmart can successfully use Vizio to build up an entertainment offering for Walmart+ members and convince companies to park more of their ad budget with it....
...The filing requires developers to set up a local company or use a local publisher and host the back end of the app in China, said Bishop, who predicted that most companies would end up operating a second...
...When Paramount was created by reunifying CBS and Viacom four years ago, the combined company generated $6bn in operating profits....
...Executives said they expected consolidation among the traditional entertainment companies, but added that they did not intend to be buyers....
...“MultiChoice will become part of a global entertainment leader, with Africa at its heart, which is capable of competing and co-operating with the largest international media companies, streaming platforms...
...VF joins a list of companies including Clorox, MGM Resorts International and Caesars Entertainment that have contended with significant cyber attacks of their own this year....
...At Kohl’s, they generated 381 per cent of total operating income, meaning without credit cards, the company would have made an operating loss. Late fees are a big money spinner....
...Iger has also drawn endorsements from heirs of company founders Roy and Walt Disney in recent weeks....
...Redstone in 2020 inherited control of the entertainment conglomerate that her late father, Sumner Redstone, built over the past century....
...He added that he “[continued] to see material upside from the successful execution of the William Hill integration”. 888 bought William Hill’s non-US business from Caesars Entertainment in a £1.95bn deal...
...We’re trying to invest right across the creative sector, across a wide range of entertainment sectors, in high-growth companies.”...
...With ecommerce expected to continue growing, developers say they are seeing demand from warehouse operators across Europe for investments in entertainment, food and other facilities more commonly offered...
...; and Dana Walden, co-chair of Disney Entertainment....
...Casino operators MGM Resorts and Caesars Entertainment are the latest high-profile victims....
...But officials had expressed concerns that company vehicle purchases and maintenance costs were being deducted from corporate operating profits as expenses, reducing their tax exposure....
...Paramount is behind some of the most storied properties in entertainment, such as The Godfather, Star Trek, Titanic and Mission: Impossible....
...The company said it “is operating at a lower rate of order processing” and “cannot estimate” when operations will normalise. Clorox shares closed 2.4 per cent lower in New York....
...Even so, that is nearly three times Hasbro’s adjusted operating figure....
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