Amazon To Acquire MGM For $8.45 Billion

Amazon today announced it has reached an agreement with MGM to acquire the entertainment company for $8.45 billion, following a report last year that claimed MGM had reached out to Apple to gauge interest in a potential acquisition. The acquisition of MGM will likely bolster Amazon Prime Video’s catalog of movies and TV shows amidContinue reading “Amazon To Acquire MGM For $8.45 Billion”

ViacomCBS To Sell Simon & Schuster To Penguin Random House for $2.175 Billion

ViacomCBS Inc. today announced it has entered into a definitive agreement to sell the publishing business Simon & Schuster to Penguin Random House, a wholly owned subsidiary of Bertelsmann SE & Co. KGaA, for $2.175 billion in cash. This divesture follows a strategic review of non-core assets ViacomCBS undertook early in 2020. Proceeds from theContinue reading “ViacomCBS To Sell Simon & Schuster To Penguin Random House for $2.175 Billion”

Apple Card Launches Today For All US Customers

Apple Card, a new kind of credit card created by Apple and designed to help customers lead a healthier financial life, is available1 in the US starting today. Customers can apply for Apple Card through the Wallet app on iPhone in minutes and start using it right away2 with Apple Pay in stores, in appsContinue reading “Apple Card Launches Today For All US Customers”

Barnes & Noble To Be Acquired By Elliott, Owner of Waterstones, Bringing Together The Leading Booksellers In The US & The UK

Barnes & Noble, Inc. announced today that it has entered into a definitive agreement to be acquired by funds advised by Elliott Advisors (UK) Limited (“Elliott”) for $6.50 per share in an all-cash transaction valued at approximately $683 million, including the assumption of debt. Elliott’s acquisition of Barnes & Noble, the largest retail bookseller inContinue reading “Barnes & Noble To Be Acquired By Elliott, Owner of Waterstones, Bringing Together The Leading Booksellers In The US & The UK”

Marvel Studios’ Avengers: Endgame Shatters Box Office Records With Historic $1.2 Billion Global Debut

Marvel Studios’ “Avengers: Endgame” made history this weekend with a record-shattering estimated global debut of $1,209.0 million, becoming the first film in history to surpass $1 billion in its opening weekend. It reached the billion-dollar threshold in just five days, more than twice as fast as its predecessor “Avengers: Infinity War,” which held the recordContinue reading “Marvel Studios’ Avengers: Endgame Shatters Box Office Records With Historic $1.2 Billion Global Debut”

Introducing Apple Card, A New Kind of Credit Card Created By Apple

Apple today announced Apple Card, an innovative, new kind of credit card created by Apple and designed to help customers lead a healthier financial life. Apple Card is built into the Apple Wallet app on iPhone, offering customers a familiar experience with Apple Pay and the ability to manage their card right on iPhone. AppleContinue reading “Introducing Apple Card, A New Kind of Credit Card Created By Apple”

Stephen King Earned 27 Million Dollars in 2018

According to Forbes, Stephen King is the third highest paid author in 2018 earning $27 million. The king of horror sold 2.7 million domestic books, boosted by the success of the movie version of IT, adapted from his 1986 novel. King nearly doubled his earnings by collecting an eight-figure paycheck from the film, which grossedContinue reading “Stephen King Earned 27 Million Dollars in 2018”

Disney Buys 20th Century Fox & 20th Century Fox Television

The Walt Disney Company has purchased 21st Century Fox, including the 20th Century Fox Film and Television studios, along with cable and international TV businesses. The deal includes 20th Century Fox, Fox Searchlight Pictures, Fox 2000, 20th Century Fox Television, FX Productions, Fox21, FX Networks, National Geographic Partners, Fox Sports Regional Networks, Fox Networks Group International, StarContinue reading “Disney Buys 20th Century Fox & 20th Century Fox Television”

How To Be Entertained On A Budget

We spend a lot of money each year in our efforts to be entertained. According to the United States Department of Labor, Bureau of Labor Statistics, the average American spent $2,482 on entertainment in 2013. That figure seems pretty steep, but there are some things that we can do in order to reduce the amountContinue reading “How To Be Entertained On A Budget”

Businessweek Cover Story: The Pow! Bang! Bam! Plan to Save Marvel, Starring B-List Heroes

Kevin Feige is one of the more shrewd and successful studio heads of his generation. Captain America: The Winter Soldier opens today and is likely to do better at the box office than Captain America: The First Avenger, Marvel’s first film about the patriotic superhero, which grossed $370 million. He produced them both. And he’sContinue reading “Businessweek Cover Story: The Pow! Bang! Bam! Plan to Save Marvel, Starring B-List Heroes”

%d bloggers like this: