Feds pump $2 billion into boosting U.S.-based EV manufacturing
While Donald Trump dumps on electric vehicles and China becomes an “electric vehicle export behemoth,” the Biden administration aims to keep the budding EV industry…
CBS News President Ingrid Ciprian-Matthews exits role
Ingrid Ciprian-Matthews is stepping down as president of CBS News ahead of budget cuts expected from the division’s new ownership.Cost-reductions at Paramount Global were already…
AI ate the metaverse’s hype-cycle. The internet’s future may still be in 3D
Remember the metaverse? It was just a couple of years ago when it seemed as if every technology, media and entertainment company was scrambling to…
David Ellison is taking control of Paramount. Now the real work begins
Tech scion David Ellison battled hard to get Paramount Global.The Skydance Media chief executive first made overtures last summer to Paramount’s non-executive chair, Shari Redstone,…
David Ellison wants to make Paramount ‘media and technology’ company
To compete in today’s tumultuous entertainment industry, Paramount Global will need to evolve into a “media and technology” company, tech scion and soon-to-be Paramount Chief…
Tech scion David Ellison’s Skydance Media gains control of Paramount
Tech scion David Ellison’s months-long quest to win control of Paramount Global moved closer to the finish line Sunday, in a deal that marks a…
Lucian Grainge is charting the music industry’s future
Lucian Grainge, photographed in Pacific Palisades on Oct. 30. When Taylor Swift’s blockbuster Eras tour hit Inglewood’s SoFi Stadium last summer, Lucian Grainge took a…
Why Chicken Soup couldn’t heal Redbox
Chicken soup may soothe the soul, but it can’t cure what ails the beleaguered DVD rental business. The parent company of Redbox — the onetime…
what next for ‘The Everything Company’?
13 hours agoBy Tom Singleton, Technology reporterGetty ImagesThree decades on from the day it began, it is hard to get your head around the scale of Amazon.Consider…
Happy birthday, Amazon? Why I won’t celebrate the company’s 30th
I had just started my master’s degree in artificial intelligence when a classmate asked if I’d heard of Amazon, a new online bookstore where you…
Saks Fifth Avenue parent company buys Neiman Marcus chain in $2 billion deal
1 of 3 | HBC, Saks Fifth Avenue’s parent company, said Thursday it will acquire Neiman Marcus Group in a $2.65 billion deal. “We’re thrilled…
Paramount-Skydance deal is back. What happened and what’s next?
A storied movie studio and broadcast network are poised for a generational changing of the guard that could dramatically reshape the entertainment business. Shari Redstone…
Barry Diller expresses interest in Paramount controlling shareholder
Thirty years after getting squeezed out in an epic battle for control of Paramount Pictures, Barry Diller appears to be trying again. The 82-year-old media…
Blumhouse’s latest strategy to scare the hell out of you: video games
Over the last 15 years, Blumhouse has built a reputation for success by producing low-cost, original indie horror films. Now, the studio best known for…
Married accountant being sued for £1.1million after spending £160,000 of his company cash on escorts
A MARRIED accountant is being sued for £1.1million after spending £160,000 of his company cash on escorts. Dad-of-two Mohammed Asif Khan, 45, paid £56,000 to…
Global talent including Courtney Act, Daniel W. Fletcher, sign with wax – the sister company to GAY TIMES
GAY TIMES has publicly announced the highly-anticipated initial roster of their talent agency, wax Talent. Representing a diverse roster of talent, wax have announced the…
A24 valuation jumps to $3.5 billion with new funding round
Known for arthouse films, Oscar contenders and prestige horror flicks, indie studio A24 has landed a new round of funding led by venture capital firm…
Will Google cut a deal with California news media to fund journalism?
SACRAMENTO — California news publishers and Big Tech companies appear to be inching toward compromise on a controversial bill that would require Google and huge social…
Paramount leaders address ‘simply unacceptable’ profit declines
Two weeks after the sale talks collapsed between Paramount Global and Skydance Media, the company’s co-chief executives tried to rally employees for the future in…
‘Inside Out 2’ is a blockbuster. But what’s happening with original animation?
“Inside Out 2” is a bigger box office hit than even Pixar’s staunchest believers had dared to expect, turning down the anxiety dial for fans…