Searched for
BLOCKBUSTER BANKRUPTCY
'They laughed us out of the room': In 2000, Netflix founders wanted to sell the company to Blockbuster for $50 million. Today, it is worth hundreds of billions of dollarsIn the year 2000, Blockbuster famously spurned a $50 million deal from Netflix, a fledgling company struggling for survival. Fast forward t...
From $20 million to $100: ‘Donut King’ Ted Ngoy fled from Cambodia to the US and became a multimillionaire in 10 years, lost it all; how he rebuilt his wealthHe fled a dictatorship in Cambodia and came to the US to have a better life. Within ten years of his arrival, Ted Ngoy became a multimillio...
Law firm Fenwick agrees to pay $54 million in settlement over FTX workUS law firm Fenwick & West will pay fifty-four million dollars to settle claims from FTX customers. The firm advised FTX before its collaps...
Firefly Aerospace Inc. (FLY) share price in Nasdaq: Stocks crash after stunning $868.3 million IPOFirefly IPO helped raise $868.3 million in the year's biggest U.S. space listing, marking a striking comeback for a company that filed for ...
Saiyaara actor took up farming and sold vegetables to teach kids respect. Says it made him a better performer despite going bankruptRajesh Kumar, famed as Rosesh, left acting for farming. He sold vegetables to teach respect for labor. Despite facing bankruptcy, farming e...
Director Ali Abbas Zafar sues producer Vashu Bhagnani for non-payment of Rs 7 croreOnce a renowned producer known for backing major blockbuster films in the '90s through his company Pooja Entertainment, he is now making he...
Jaya Bachchan reveals she ‘stood silently’ by Amitabh Bachchan when he faced bankruptcy during the ‘90sAmitabh Bachchan was recently hospitalised and underwent an angioplasty after a blood clot was found in his leg. Reports on his current con...
SoftBank gets $7.6 bln T-Mobile stake windfall, shares soarMasayoshi Son's conglomerate said late on Tuesday it had told T-Mobile US to issue 48.75 million shares in common stock to it after conditi...
Former New York City Mayor Rudy Giuliani files for bankruptcyRudy Giuliani, after a jury's $150 million defamation ruling, filed for bankruptcy in New York. He faces debts of $100M-$500M with assets u...
PGA v LIV saga: Money, not morality, is the only compass in sportThe arrival of LIV Golf, riding a wave of oil money from Saudi Arabia, is threatening to destabilise the TOUR’S hegemony. The sport has bee...
No more red envelopes: Netflix to end DVD-by-mail businessThe company said its DVD rental business had been shrinking and it will not be able to continue to offer quality service. Netflix will ship...
Is the advice more important, or the advisor?As investors, we need to ask ourselves how many times we resort to resulting — thinking that we are smart investors just because we made mo...
Once-in-a-lifetime deals fuel a $100 billion India M&A boomA combination of various factors has created an unprecedented opportunity for dealmaking in India.
Here are the jobs most in demand on Wall StreetRising defaults, widening spreads on highyield debt and climbing US interest rates mean restructuring desks have a big year ahead.
Bankruptcy court approves sale of James Cameron's company to Reliance MediaWorks, Galloping HorseUS court in the US has approved the proposed sale of James Cameron's Digital Productions to Reliance MediaWorks and China-based Galloping H...
- Reliance MediaWorks JV to buy James Cameron's firm Digital Domain; shares jump 15%
The $30.2-million bid for the visual effects and animation firm has been made in an auction in New York, the company said.
- Reliance MediaWorks shares surge 15 per cent
Shares of Reliance MediaWorks today surged around 15 per cent as the company along with China-based Galloping Horse America are set to part...
- Reliance MediaWorks to part-own James Cameron's Digital Domain productions
Reliance MediaWorks is set to part-own some of the businesses of film-maker James Cameron's Digital Domain Productions through a $30.2 mn b...
DCHL bankruptcy threat: PVP Ventures in fray to buy IPL team Deccan ChargersPotluri Vara Prasad of PVP Ventures, the maker of the bilingual Tamil and Telugu film Naan Ee, has bought bid documents to take part in an ...
- GM IPO to be largest in US history after shares hike
General Motors announced a hike in the number of shares in its stock listing, which puts the US auto maker on track to rebound from bankrup...