[ad_1] Henrik Fisker, CEO of Fisker. Mario Tama/Getty Images Tesla rivals Rivian, Lucid and Fisker were at the top a few years ago. Amid growing investor interest, electric vehicle makers boasted strong market capitalizations and talked of bright futures. Things look much less promising today. The electric vehicle sector is facing slowing growth, and even … Read more
[ad_1] MOT BBC Studios has paid £255 million ($322 million) to acquire ITV’s stake in its streaming joint venture, BritBox International, the biggest deal ever for the BBC’s commercial wing. In a regulatory note confirming the sale this morning, ITV confirmed it had sold its 50% and that profits would be returned to shareholders through … Read more
[ad_1] Priyanka Chopra Jonas joins the documentary as executive producer Netflix has acquired the Oscar-nominated documentary “To Kill a Tiger.” The film, about a father’s search for justice in rural India, premiered at the 2022 Toronto International Film Festival and received best documentary at the 2023 Palm Springs International Film Festival. a tiger” has so … Read more
[ad_1] Warren Buffett, CEO of Berkshire Hathaway, has sold a third of his shares in Paramount. JOHANNES EISELE—AFP via Getty Images Big short Investor Michael Burry seems to like what he hears from the streaming giants, while legendary investor Warren Buffett isn’t convinced. At least, that is if his stock presentations are anything to go … Read more
[ad_1] Phil Walter/Getty Images In what is likely the largest transaction for the work of a solo musician, Sony has completed a deal to acquire half of Michael Jackson’s recorded masters and publications. The deal values the music assets at more than $1.2 billion, the sources said. Billboard. The outlet also estimated that Sony will … Read more
[ad_1] Financial services major Morgan Stanley on Friday bought shares of Paytm’s parent company One97 Communications for Rs 244 crore through an open market transaction. Morgan Stanley, through its subsidiary Morgan Stanley Asia (Singapore) Pte, ODI acquired shares of Paytm’s parent company, Noida-based One97 Communications, on the National Stock Exchange (NSE). According to NSE bulk … Read more
[ad_1] “Dìdi,” a coming-of-age drama that won the American Dramatic Audience Award at Sundance, has been sold to Focus Features. The semi-autobiographical film was written, produced and directed by Sean Wang in his first feature film. The film follows a 13-year-old Taiwanese-American boy in the midst of an awkward adolescence, as he enjoys the last … Read more