Hints and tips:
...Vivid Seats, a much smaller ticket reselling platform, trades on an EV/ebitda multiple of over 13 times. Live Nation is on just 12 times....
...Canada and policymaking institutions in the EU have issued similar directives. What would a ban mean for users?...
...Its own streaming service, Max, is not earning enough yet to offset the decline in traditional TV, and its number of “direct to consumer” subscribers in the US and Canada fell in the second half of last...
...They really do try to create vivid Minifigures that people want to spend time with in worlds that they want to immerse themselves with. And that's been very successful for them....
...But the plan it conceived to divest that division as part of a merger with Canada’s Teck Resources has been soundly rejected.Glencore’s strategy, which would have created a $91bn natural resources giant,...
...Warner Bros is among the backers of a $30mn fundraising by the Professional Triathletes Organisation, which arranges events in Canada, the US and Europe....
...Outside the US, Disney has created a general entertainment service via its Star brand....
...Canada’s Teck Resources failed to pass a shareholder resolution on Wednesday that would split the company, abandoning its plan just hours before the key vote. That’s a significant loss for Teck....
...On Douyin, the Chinese version of the app also owned by ByteDance, children under 14 view primarily educational content rather than entertainment....
...The “Great Netflix Correction”, as it has become known in Hollywood, has triggered anxiety about the streaming business model and the future of entertainment....
...Netflix signed up 1.1mn subscribers in the region while losing 1.3mn in the US and Canada and 800,000 in Europe, the Middle East and Africa....
...Flutter’s overall group revenues increased 17 per cent to £6bn in 2021, while pre-tax profits, adjusted to account for its acquisition of Canada’s The Stars Group, fell 22 per cent to £620mn....
...As Stephen Bates, author of Royalty Inc, puts it: “The monarchy is one thing the Americans don’t have.”...
...It features thin contours, a vivid 14.2in touch screen, HD camera, six speakers and an 11th generation i7 Intel processor for €1,899....
...But its share price crash is worrying for the entire entertainment industry, because the biggest US media groups have earmarked more than $100bn for spending on content this year alone to try to emulate...
...I wanted to get that hazy feel: vivid and visceral, but fragmented too.”...
...After a pandemic-induced jump in users, Netflix dropped 430,000 subscribers in the US and Canada in the second quarter. It regained some of these in the third quarter....
...SpringHill, a media and entertainment business, was founded by the Los Angeles Lakers player and his longtime business partner Maverick Carter....
...In the digital era, subscriber additions have become the biggest driver of stock market valuation for entertainment companies....
...Savings built up through reduced travel and spending on entertainment and services during lockdowns have also helped to build up household balance sheets....
...Netflix still has 74m subscribers in the US and Canada, and 209m worldwide, making it the streaming leader by a wide margin....
...ESPN presents one of the most interesting conundrums in the entertainment business....
...From April to June, 430,000 people cancelled their Netflix subscriptions in the US and Canada....
...Amber Spanks has been in the adult entertainment business for 20 years and is used to adapting to new platforms and new rules....
...Kreiz has cut $1bn from the annual cost base he inherited, reducing the number of items Mattel makes by one-third, exiting factories from China to Canada and slashing capital expenditures from $300m to $120m...
International Edition