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Paramount in exclusive merger talks with Skydance: reportsParamount Global has entered exclusive talks with Skydance on a potential merger instead of a proposed $26 billion takeover offer from Apol...- UBS fined nearly $400 million related to Credit Suisse's relationship with failed fund ArchegosSwiss banking giant UBS will pay nearly $400 million in fines to U.S., Swiss and U.K. banking authorities for the management failures of Cr...
- Jason Aldean’s video pulled out by CMT; What is the controversy over 'Try That In A Small Town' song?There has been a surge of criticism directed towards country star Jason Aldean due to his newly released song titled 'Try That In A Small T...
- Uday Shankar, James Murdoch’s Lupa to raise $1.5 bn from Qatar sovereign fundOn January 27, ET reported that Singapore-headquartered Asia Initiatives, a 51:49 joint venture between Shankar and Murdoch's private inves...
- Uday Shankar, James Murdoch plan to pick up nearly 40% in Viacom18, Reliance to retain majority stakeThe bulk of the investment is likely to be by way of primary infusion of funds. Besides the Murdoch-Shankar duo - who are coming in as stra...
- George Soros exits shares bought during Bill Hwang’s Archegos implosionMost of the Archegos-linked stocks extended their slide in the second quarter. Vipshop plunged 33% in the three months through June, Tencen...
- Anil Ambani’s studio eyes cinema earnings to recoup Covid lossesThe decision to wait out the pandemic-led closures underscores the financial clout of the box office in India’s film industry that’s alread...
- Mark Wahlberg-starrer 'Infinite' to skip theatres, will stream on Paramount PlusThe sci-fi thriller was slated to hit cinemas in the US on September 24.
- Credit Suisse unloads $2.3 billion of stocks tied to Archegos CapitalThe unwinding of Bill Hwang’s Archegos portfolio has turned into one of the biggest fund flameouts since Long-Term Capital Management’s dem...
- In Archegos fire sale, Credit Suisse, Nomura burned by slow exitThe blowup of the Archegos fund, a family office run by former Tiger Asia manager Bill Hwang, is still reverberating across the financial s...
- Archegos-linked stocks advance as volatility comes downViacomCBS Inc. rose 2.1% as of 9:33 a.m. in New York following its weeklong plunge, with Discovery Inc. and Tencent Music Entertainment Gro...
- Traders ‘glued to their screens’, set for volatile open on Wall StreetWhile some of the stocks targeted in the block trades initiated by Goldman Sachs Group Inc. and Morgan Stanley rebounded at the end of Frid...
- ‘Unprecedented’: Wall Street ponders Goldman’s block-trade spreeSeveral major investment banks with ties to hedge fund Archegos Capital Management LLC liquidated holdings, contributing to the slump in sh...
- Goldman sells $10.5 billion of stocks in block-trade spreeThe selling spree erased $35 billion from the values of bellwether stocks ranging from Chinese technology giants to U.S. media conglomerate...
- Tom Cruise's 'Mission Impossible 7', 'A Quiet Place Part II' to stream on Paramount Plus after 45-day theatrical run'Mission: Impossible 7', which marks the return of Cruise as Ethan Hunt, is scheduled to release on November 19.
- US election-night TV lures 57 million viewers, a drop from 2016Fox News led overall, with an estimated 14.1 million viewers in prime time, an 18% increase from 2016, according to Nielsen data supplied b...
- Martin Scorsese inks multi-year deal to create films, TV shows for AppleScorsese will produce the projects through his company Sikelia Productions.
- Disney+ app gains over half a million downloads post-'Hamilton' releaseDisney released a film recording of the hit Broadway musical on the platform on July 3.
- Apple beat Netflix to secure deal for Scorsese's next film starring DiCaprio, De Niro'Killers of the Flower Moon' is an adaptation of the non-fiction book of the same name.
- Viacom-CBS deal talks collapse, Redstone withdraws proposalMerger talks reached a standstill in part because Moonves only wanted to buy Viacom if he got control over the Redstone family’s voting sha...
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