Category archives for: News

Scooter Braun Has Left Music Management – Still in the Music Business

  Scooter Braun has exited the music management business. On Monday, he the announced the news on his Instagram page. He will now focus the roles being a board member of Hybe, and CEO of Hybe America, the South Korea entertainment company. “After 23 years this chapter as a music manager has come to an […]

US Cellular Sale in the Works

T-Mobile is wanting to own part of US Cellular, which has been trying to sell itself for quite a while, Per a Wall Street Journal report, US Cellular is very close to be sold to bioth T-Mobile and Verizon. Source familiar with US Cellular’s plans claim that negotiations with T-Mobile are almost over. Team magenta […]

World Video Game Hall Of Fame Announces Latest Inductees

Five classic video games are now part of the World Video Game Hall of Fame’s newest class. Asteroids, Sim City, Ultima, Resident Evil and Myst are the latest games inducted to the hall, located in Rochester’s The Strong National Museum of Play. The hall honors lasting contributions to the video gaming industry. Among those in […]

BBC Purchases ITV’s BritBox Interest For 322 Million

BBC Studios, the BBC’s commercial content studio and streaming business, is acquiring ITV’s 50 percent stake in BritBox International for $322 million. Announced last Friday, the sale will give BBC Studios full ownership of the BritBox streaming platform and values the streamer at $631 million. As part of the agreement, BBC Studios has extended its […]

Tyler Perry Halts Studio Expansion Due To Concern With OpenAI’s Sora Tool

Tyler Perry had been planning muti-million dollar expansion of his studio in Atlanta, which would have added 12 soundstages to the 330-acre property. Now, however, those ambitions are on hold — thanks to the rapid developments he’s seeing in the realm of artificial intelligence, including OpenAI’s text-to-video model Sora, which debuted Feb. 15 and stunned […]

Disney Will Have Sony Handle All Physical Media Production While Closing Movie Club

  In another sign of decline of the physical discs, Disney has reached deal with Sony’s home entertainment division to handle all Disney releases on DVD and Blu-ray along with all physical media production. This month the Digital Entertainment Group, a trade consortium, released a preliminary annual report which states a robust demand for movie […]

Targus Reveals Updates To MiraLogic Workspace Intelligence Products At CES

Targus, maker of laptop bags, laptop cases and mobile computing accessories, today introduced several innovative enhancements to its award-winning MiraLogic Workspace Intelligence System. This unique workspace platform combines enterprise-grade hardware with proprietary software to enable enterprise teams to monitor and maintain their modular IT ecosystems from anywhere. MiraLogic allows enterprise decisionmakers to understand and optimize […]

Universal To Open New Permanent Horror Attraction In Las Vegas

Universal Horror Unleashed

The creators of Universal’s iconic Halloween Horror Nights attraction have revealed the name of its year-round horror experience that will open in Las Vegas. Marking the company’s first-ever permanent horror experience, Universal Destinations & Experiences announced on Tuesday that its attraction in Las Vegas will be called “Universal Horror Unleashed.” In a news release first […]

Fortnite Maker Epic Games Lays Off 870 Employees

Fortnite Season 4

As part of a cost cutting effort, Epic Games is laying off tons of developers including those gained as part of a deal to acquire Mediatonic know for its colorful battle royale, Fall Guys, a multiplayer sensation early in the covid-19 pandemic. In Epic CEO Tim Sweeney’s email to staff today about the more than […]

VinFast Opening Day Is Blockbuster, But The Next Day Is Harder

VinFast, an Vietnamese electric vehicle (EV) maker VinFast, gained ane valuation surpassing that of US automakers Ford and General Motors (GM) on its first day of trading on NASDAQ yesterday (Aug. 15). VinFast started out with gasoline-powered models then moved over to EVs a couple years ago. In 2022 it started to ship autos abroad. […]

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