Entertainment Financial News

16.08 / 05:33

FIVE Disney Fighting Entertainment Parke DeSantis' appointees ask judge to rule against Disney without need for trial

Gov. Ron DeSantis’ appointees to a board that oversees Walt Disney World say a Florida judge should rule without trial against Disney as the company fights Gov. Ron DeSantis’ takeover of the governing district

16.08 / 05:31

UPS MAIL Fox Entertainment love show Rupert Murdoch in new romance with Russian oligarch’s ex mother-in-law

Sydney | Months after calling off his fifth wedding, Rupert Murdoch has struck up a new romance with a Russian woman while holidaying on a yacht off the coast in Europe.

16.08 / 04:45

Lowe's Entertainment NIFTY SENSEX Sensex falls! These stocks are down 5% or more on BSE

On the BSE, Hind Oil Expl(down 18.53 per cent), Sree Rayalaseema(down 14.38 per cent), RTS Power(down 12.08 per cent), Ashika Credit(down 10.93 per cent) and Zodiac Clothing(down 10.00 per cent) were among the stocks that plunged over 5 per cent during the session. In the Nifty pack, 15 stocks traded in the green, while 35 stocks traded in the red.

16.08 / 02:17

Provident BLOCK Aviat Platform Airlines Entertainment Vodafone Hero Stocks to Watch: IndiGo, ITC, Infosys, M&M, Zee Entertainment, Hero MotoCorp

InterGlobe Aviation: Private airliner IndiGo Airlines' promoter Gangwal family is all set to sell its shares worth ₹3,730 crore through a block deal on 16 August, reported ET citing the term sheet. According to the report, the family has put 15.6 million shares on the block with a floor price of ₹2,400 per share, which is a 5.8% discount to the closing price of Monday. The deal's lenders are Morgan Stanley, JPMorgan, and Goldman Sachs.

16.08 / 02:17

Provident Citizens Entertainment Dreams Sony show audience KBC 15: When and where to watch Amitabh Bachchan's Kaun Banega Crorepati Season 15

reality game show, Kaun Banega Crorepati (KBC). Reflecting on the show, Amitabh mentioned that it has become a fundamental aspect of his life.He further expressed that the show provides him with an opportunity to engage with the viewers, and he's eagerly anticipating the upcoming season. Amitabh serves as the host of the program.

16.08 / 01:37

BLOCK Digital Entertainment Mobile Vodafone Stocks in news: ITC, Vodafone Idea, IndiGo, ZEE, Infosys

ITCITC reported a 18% growth in net profit at Rs 4,903 crore in Q1. Revenue from operations declined 8% to Rs 15,828 crore.

15.08 / 23:49

Provident Action Fighting Entertainment HAL social AMC hit with fresh class-action lawsuit over stock conversion

By Tom Hals

15.08 / 19:49

UPS Disney Fox Entertainment film exclusive Movie Financier TSG Accuses Disney of Depriving It of Millions of Dollars

TSG Entertainment, which helped co-finance hits including “Avatar: The Way of Water" and the “Deadpool" franchise for Twentieth Century Fox, is suing the studio and its parent company Disney for breach of contract. A suit filed Tuesday in Los Angeles Superior Court by TSG alleges that the Disney-owned movie studio intentionally withheld profits and cut sweetheart deals to boost its own streaming platforms Hulu and Disney+, as well as its stock price, at the expense of its partners.

15.08 / 18:01

UPS CEO Action Entertainment Enterprise Sony week Goenka, Chandra may move SAT over Sebi ban this week

Zee Entertainment Enterprises Ltd, Punit Goenka, are gearing up to challenge an interim directive of the Securities and Exchange Board of India (Sebi). The Sebi directive restrains the duo from holding directorship positions in any publicly listed firm, over allegations of fund diversion. A petition against Sebi’s 14 August order is expected to be filed with the Securities Appellate Tribunal (SAT) either on 17 or 18 August, according to two people, seeking anonymity.

15.08 / 18:01

Platform Entertainment Mobile film show performer track JioCinema limits loss after IPL

Reliance Industries Ltd, has seen a 20% dip in viewership levels basis monthly active users after the IPL (Indian Premier League) peak in April and May, according to media and entertainment industry experts tracking the platform. However, the company points out that while services would normally expect a 70-80% drop once a tentpole property gets over, the platform has sustained much engagement thanks to the reality show Bigg Boss OTT which has performed on par with typical monthly viewership for a Hindi GEC (general entertainment channel) show, having recorded more than 100 million viewers over the season and 30 billion minutes of watch time. That said, the churn remains high and quality content low as the platform launches two to three new titles every week.

15.08 / 16:57

UPS Entertainment Enterprise NIFTY SENSEX Granules, India Cements, 7 others placed under F&O ban on NSE for August 16; check details

Zee Entertainment Enterprises, Granules India Ltd, India Cements Ltd, Chambal Fertilizers and Chemicals, Gujarat Narmada Valley Fertilizers And Chemicals Limited, Manappuram Finance, Delta Corp, Balrampur Chini Mills, Indiabulls Housing Finance are the nine stocks that are a part of the F&O ban list by the stock exchange for Wednesday. The NSE updates the list of securities in F&O ban for trade everyday. The derivative contracts in the mentioned securities have crossed 95 per cent of the market-wide position limit and have been currently put in the ban period by the stock exchange, said NSE.

15.08 / 16:03

COST UPS Disney Platform Entertainment Strategy Streamflation Is Here and Media Companies Are Betting You’ll Pay Up

Call it streamflation. The average cost of watching a major ad-free streaming service is going up by nearly 25% in about a year, according to a Wall Street Journal analysis, as entertainment giants bet that customers will either pay up or switch to their cheaper and more-lucrative ad-supported plans. Disney last week raised the price of its Disney+ and Hulu streaming services for the second time since last fall, following a string of similar announcements by the owners of Peacock, Max, Paramount+ and Apple TV+.

15.08 / 13:29

Blockchain Provident Art Digital Platform Entertainment audience rights Your rights in the metaverse: The benefits and challenges of collaborating in the digital age

The inception of the metaverse has revolutionized the way we connect, communicate, build and conduct business. Providing new avenues for creators and brands to co-create and reach global audiences, the metaverse has found a home in the fashion, arts and entertainment industries.

15.08 / 12:01

Platform Entertainment Tencent ByteDance social Tencent Music's quarterly revenue rises as more Chinese users pay for music

China's Tencent Music Entertainment Group said on Tuesday second-quarter revenue rose 5.5% from a year ago, driven by growth in paying users on its Spotify-like music streaming platform and a recovery in the advertising market. Total revenue of the company, controlled by Chinese tech giant Tencent Holdings Ltd, stood at 7.29 billion yuan ($1.00 billion) in the quarter ended June 30, in line with Wall Street estimates, according to Refinitiv data.

15.08 / 08:49

Provident Digital Career CEO Platform Entertainment Deal Infosys signs $1.64 billion deal with Liberty Global to scale digital platforms

Infosys will provide services to Liberty Global estimated at 1.5 billion euros over the initial 5-year term and at 2.3 billion euros if the contract is extended to 8 years, the companies said in a joint statement on Tuesday. The collaboration allows Liberty Global to realize run-rate savings in excess of 100 million euros per annum, inclusive of other savings and technology investments, it added.

15.08 / 05:15

Digital Platform Entertainment TikTok cover social dance Starting next year, child influencers can sue if earnings aren't set aside, says new Illinois law

Illinois is the first state in the U.S. to ensure child social media influencers are compensated for their work

15.08 / 05:15

Career Entertainment love rock Clarence Avant, ‘Black Godfather' of entertainment, and benefactor of athletes and politicians, dies

Clarence Avant, the manager, entrepreneur, facilitator and adviser who helped launch or guide the careers of Quincy Jones, Bill Withers and many others and came to be known as the «Black Godfather» of entertainment and beyond has died at 92

15.08 / 03:31

FIVE Entertainment Enterprise Sony Subhash Chandra, Punit Goenka can't hold director position in group cos: Sebi

Securities and Exchange Board of India (Sebi) Monday said Essel Group founder Subhash Chandra Goenka and his son Punit Goenka cannot hold the position of a director in various group companies, including Zee Entertainment Enterprises (Zee), Zee Media Corp and the proposed merged entity between Zee and Sony Pictures Networks India (Sony), until the regulator concludes its investigation in the alleged fund diversion case against them. Sebi will complete its probe within eight months from Monday, it said.

15.08 / 02:49

UPS Reuters Entertainment social Unemployment reports China reports big data miss in July, stops releasing youth unemployment numbers

BEIJING — China reported July data that broadly missed expectations. The National Bureau of Statistics report also did not include the unemployment figure for young people, which has soared to record highs in recent months.

14.08 / 19:37

FIVE Progressive Entertainment Enterprise Sony Goenka can’t take key roles as Sebi upholds Jun order

Mumbai: The Securities and Exchange Board of India (Sebi) on Monday upheld its 12 June interim order restraining Punit Goenka and his father, Subhash Chandra, from holding key positions in publicly traded companies till further notice. Sebi’s order barred them from holding key positions in an alleged funds diversion case.

14.08 / 17:17

Platform Entertainment rock MGM jazz Clarence Avant passed away at 92. From nightclub manager in New Jersey to 'The Black Godfather' of music, details here

Clarence Avant, renowned as «The Black Godfather» of the music and entertainment world, passed away at the age of 92 on Sunday. He died at his residence in Los Angeles, as confirmed by a statement issued by his son Alex Avant, daughter Nicole Avant, and son-in-law Ted Sarandos on Monday. Originating from North Carolina, Avant transitioned into a pivotal figure in the entertainment industry after relocating to Los Angeles during the late 1960s.

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