Kanye West took some time off from his tropical vacation, where he is reportedly struggling with bipolar disorder and working to save his marriage to Kim Kardashian, to text a business writer and “indicate” that he is in fact a presidential campaign, designed to remove votes from the presumptive Democratic …
Read More »AMC Theaters gets the lead role in Hollywood, Wall Street drama
AMC Entertainment CEO and President Adam Aron gives an update on his company making a deal with NBCUniversal regarding theater vs. digital film releases and says this is a new revenue opportunity. An explosion from the past could provide an opportunity for the future of the world’s largest theater chain, …
Read More »Top NBCU Exec Promises “Broader Culture Assessment” in Addition to Network Research
Sources say the investigation into allegations that Paul Telegdy and Meredith Ahr promoted a toxic workplace at NBC will be conducted by someone other than the outsider who found a ‘culture of diversity’ in ‘America’s Got Talent.’ NBCUniversal TV and Streaming chairman Mark Lazarus informed staff Friday that the company …
Read More »TikTok, Twitter start chatting about a combination, reports WSJ
Amid threats from President Donald Trump to ban TikTok, or force it to sell its US operations, it was reported that Twitter was in talks with the video-sharing app on Saturday night. The Wall Street Journal reported that a potential deal, if materialized, could involve TikTok’s US operations. Both Twitter …
Read More »Rocket Companies: Company is a rocket, not shares (NYSE: RKT)
Rocket Companies (RKT) has gone public and although the actual company is absolutely on fire, with revenue in the second quarter twice the annual adjusted profit for the whole of 2019, the stock is certainly not on fire. After prices fell below the preliminary offering range, stocks demanded some support …
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