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...OpenAI has launched a charm offensive in Hollywood, holding meetings with major studios including Paramount, Universal and Warner Bros Discovery to showcase its video generation technology Sora and allay...
...Warner Bros and Liberty acquired the company in 2014 for £550mn. The deal could enter exclusive negotiations before Christmas, one of these people added....
...In spite of his father’s role atop the music industry, the 29-year-old Elliot Grainge recently criticised major record labels, telling the Los Angeles Times that they are “a conveyor belt” whose power has...
...This is the first time in the streaming era that Universal has gone as far as removing its music from a tech company’s platform....
...He has also worked for Mark Warner, the current chair of the Senate intelligence committee, and for Biden’s current climate envoy and former US secretary of state John Kerry....
...BMG is the world’s fourth-largest music label — but lags far behind the top three “majors”, Universal, Sony and Warner. The company earned revenues of €905mn in 2023, up 4.5 per cent year on year....
...The 35-year-old Levin was proclaimed “our resident genius” by Andrew Heiskell, Time Inc’s chair, according to Fools Rush In, Nina Munk’s book about the AOL-Time Warner merger....
...“We didn’t think that we’d be profitable this fast,” he told the Financial Times. “We’re at the beginning part of the journey....
...Paramount trades at an enterprise value/ebitda multiple of 11 times (assuming its debt is worth 100 cents on the dollar). Warner gets just 7 times....
...On Tuesday, three titans — Disney, Warner Brothers Discovery and Fox — announced yet another streaming service. The trio will provide their live sports content via one streaming platform....
...The league’s current arrangement with Disney’s ESPN and Warner’s TNT allows for some games to be aired on ABC, Disney’s free-to-air broadcast network, and last autumn Warner began experimenting with simulcasting...
...Warner stock is down 24.6 per cent this year and 64 per cent since it began trading in April 2022....
...Warner’s net debt stood at $43bn at the end of September, or 4.1 times its earnings before interest, tax, depreciation and amortisation, while Paramount had $14bn in net debt, or 6.1 times its ebitda, according...
...By the time we leave her, she is alone again — after a failed love affair with the poet Cecil Day-Lewis — “waving a flame” beneath frozen pipes during that last bitterly cold winter of the second world war...
...The company behind HBO, CNN and the Warner Bros movie studio has been focused on cutting costs and trimming its debt following the $40bn merger of Warner with Discovery last year and against the backdrop...
...Mattel and Warner collaborated with more than 100 brands to create a flow of positive third-party social media mentions....
...India: As Narendra Modi seeks a third term in office, in an exclusive interview with the Financial Times, he responds to claims that he represents a threat to democracy....
...Warner Bros Discovery shares were on course for their biggest daily drop in a more than a year after the entertainment group warned investors that it was “unlikely” to meet its debt payment goals....
...Warner, home to HBO and the Warner Bros movie studio, has made a small profit at its US streaming services this year, in part by raising prices, aggressively culling some series and licensing others to Netflix...
...It is on its way to shrinking its leverage ratio from 4.6 times currently to under 3 times over the next 18 months....
...When telecoms company AT&T acquired HBO parent Time Warner in 2018, the network’s longtime chief Richard Plepler left after clashes with new management....
...Mentioned in this podcast: Volodymyr Zelenskyy dismisses Ukraine’s ‘iron general’ Visual analysis: Gaza’s last refuge becomes Israel’s next target Disney, Fox and Warner sports streaming platform foreshadows...
...media industry, and was seen as an endorsement of the company’s investment in its Paramount+ streaming platform, as well as its ability to compete with deeper pocketed rivals such as Netflix, Disney and Warner...
...Warner Music, the third-largest record company, last year announced it had struck a new deal with TikTok....
...Warner says its “Max” streaming unit will be profitable in the US this year....
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