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...Universal, which controls a third of the world’s music, last month stopped licensing its music to TikTok after a year of tense negotiations....
...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....
The streaming giant has avoided pricey live programming but is betting fans will migrate to the pay-platform
...“[Blavatnik] has a real love of the arts and the entertainment industry.”...
...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...
...Earlier on Tuesday Netflix said it had struck a 10-year, $5bn deal with World Wrestling Entertainment, a move that will push it further into the live streaming market....
...TikTok is a source of news for its young viewers, though it should be noted that its main appeal lies in entertainment....
...And almost all of them come with a digital or entertainment tie-in, so there's so much for fans to choose to buy or collect....
...Pro wrestling is not a proper sport, but “scripted sports entertainment,” as Netflix co-chief executive Ted Sarandos noted on a video chat with investors on Tuesday....
...Super Bowl 2024 is set to be the biggest ever for advertising in the US as the world’s largest brands spend an estimated $650mn on securing TV slots around the game on Sunday....
...For all the grand settings, strictly codified conventions and snobbery, there’s something cosy about entering a world of balmy tennis meets and decadent soirées where petty scandals and idle gossip pass...
...The potential takeover comes after Endeavor merged mixed martial arts league Ultimate Fighting Championship with World Wrestling Entertainment last month in an all-stock deal that left the agency as a standalone...
...The world’s largest traditional entertainment companies face a reckoning in 2024 after losing more than $5bn in the past year from the streaming services they built to compete with Netflix....
...In the equivalent space of time, Steve Jobs landed the iPod, iPhone and iPad on the world, a series of industry-shaking firsts that may never be matched....
...Last year, Instagram overtook TikTok as the most downloaded app in the world....
...open new ways to blend the virtual and real world....
...Charted waters Demand for many minerals is rising at a time of increased concerns over security of supply, and mothballed mines are accordingly being reopened around the world....
...When Icahn acquired CVR he was near the height of his powers after conducting bruising campaigns against corporate giants such as Texaco and Trans World Airlines....
...The combination of World Wrestling Entertainment and Ultimate Fighting Championship into TKO, a new New York-listed company controlled by Ari Emanuel’s Endeavor group, is expected to generate more than $1bn...
...You are never far from a screen in today’s world....
...of so-called social commerce, where algorithms push products that are highly personalised to the interests of individual consumers, as well as “shoppertainment”, in which ads are blended seamlessly into entertainment...
...Politico-entertainment complex Why moderate to win power when life is cushier in opposition? America’s political industry is lucrative even for those who have lost elections, the FT writes....
...Ideas live forever,” she is taught by a character called Ruth, presumably based on Ruth Handler, the inventor of the world’s most popular doll and co-founder of Mattel, its owner....
...It’s little wonder that teams all over the world are investing billions to upgrade their facilities, whether starting from scratch or improving existing structures....
...But if the M&A deals of the 1980s were a demonstration of Japan Inc’s ambitions to take on the world, corporate executives say today’s overseas rush is driven by the need to find new revenue outside their...
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