AT&T CFO Defends Spinoff, Saying It Benefits Retail Investors

Text size AT&T’s chief financial officer, Pascal Desroches. Courtesy AT&T AT&T is defending its move to spin off its big stake in WarnerMedia rather than pursue a split-off, or excha...

Cedar Fair stock jumps, is halted after report of SeaWorld takeover bid

Visitors at Knott’s Berry Farm ride the HangTime rollercoaster during it’s first day of public operation in Buena Park on Friday, May 11, 2018. Jeff Gritchen | Orange County Register | Get...

AT&T’s Move to Spin Off WarnerMedia Disappoints Investors

Text size AT&T plans to pay a $1.11 annual dividend, down from the current $2.08 a share. Stefani Reynolds /AFP via Getty Images AT&T ‘s decision Tuesday to spin off its stake in WarnerMedia t...

AT&T to Spin Off WarnerMedia, Plans Deep Cut to Its Dividend

Text size Justin Sullivan/Getty Images AT&T said Tuesday it would spin off its interest in WarnerMedia following WarnerMedia’s merger with Discovery . AT&T (ticker: T) also said its board appr...

Why AT&T May Be Leaning Toward a Spinoff of Its Discovery Stake

AT&T may be leaning toward a straightforward spinoff of the 71% stake in the new Warner Bros. Discovery in the coming months rather than a complex “split-off,” or exchange offer. A transaction in ...

Giant Bank Bought Up Apple, Comcast Stock. It Dropped AT&T and Visa.

Text size German banking giant Commerzbank bought up Apple stock in the fourth quarter. Dreamstime A German banking giant made some abrupt changes in its U.S.-traded investments. Commerzbank initiated...

Entain looks to compete in gambling in metaverse, immersive gambling

A Ladbrokes betting shop, operated by Entain Plc, in London, U.K., on Wednesday, Sept. 22, 2021. Chris J. Ratcliffe | Bloomberg | Getty Images In a crowded gambling landscape, technology increasingly ...

Hollywood is betting big on TikTok talent in bid to woo Gen Z

In this photo illustration a TikTok logo seen displayed on a smartphone with stock market percentages in the background. SOPA Images | LightRocket | Getty Images When TikTok creator Boman Martinez-Rei...

Netflix Co-CEO Reed Hastings Bought $20 Million of Stock

Text size Netflix co-founder and co-CEO Reed Hastings just made his first purchase of the company’s shares on the open market. Henrik Jonsson/Dreamstime.com Netflix ‘s stock has slumped in 2022,...

Megan Thee Stallion Label 300 Entertainment Launches Film And TV Division

CIRCA 2001: Actors Jackie Chan and Chris Tucker in a scene from the New Line Cinema movie “Rush … [+] Hour 2″ , circa 2001. (Photo by Michael Ochs Archives/Getty Images) Getty Images...

Investor Bought Up Moderna and Nvidia Stock. It Sold Salesforce and Sirius XM.

Text size A large U.K.-based asset manager bought up Moderna and Nvidia stock in the fourth quarter. Clement Mahoudeau/AFP via Getty Images A large U.K.-based asset manager made big changes in its U.S...

How animation brought Critical Role’s ‘Legend of Vox Machina’ to life

Vax, Scanland, Percival, Vex, Grog, Pyke and Keyleth in “The Legend of Vox Machina,” a new animated series based on “Critical Role.” Amazon Studios Within the first minute of C...

These 14 Stocks Paused Dividends Early in the Pandemic. Here’s Where Their Payouts Are Now.

Ford Motor is among the dividend payers that have restored their once-suspended payouts at a lower level than before the pandemic. Courtesy of Ford Text size Although there are some large U.S. compani...

Comcast, Chevron, and 7 More Companies That Just Boosted Their Stock Dividends

Text size Comcast raised its dividend this week. Jeff Fusco/Getty Images for Comcast Chevron , Comcast , and Kimberly-Clark were among the many U.S. companies that declared dividend increases this wee...

Peloton and Netflix Stocks Have Fallen. Here’s How Best to Play It.

One bank says to use the recent growth-stock selloff to buy shares of Alphabet . Another says Amazon.com and Facebook owner Meta Platforms . A third is going in a different direction and picking all t...

Stocks Are on a Wild Ride. 20 Bargains to Buy Now, According to Barron’s Roundtable Experts.

Fed be nimble, Fed be quick. The quicker, the better, in fact. Hike interest rates, shrink your balance sheet, and let’s be done with it all before the stock market sinks even further. The market’s re...

Why Bill Ackman Sees More Play in Netflix Stock

Text size Bill Ackman’s Pershing Square took a large stake in Netflix with an eye to a recovery in the streaming giant’s shares. Patrick T. Fallon/Bloomberg One pandemic play that has been laid low co...

Royal Caribbean Builds Adults-Only Area, Carnival Joins New Ship Arms Race

Losing money has not stopped Royal Caribbean (RCL) – Get Royal Caribbean Group Report and Carnival Cruise Lines (CCL) – Get Carnival Corporation Report from spending to ensure that they ha...

Which countries are best for road trips? See the top 5 in the world

The highly transmissible omicron Covid-19 variant has some travelers thinking twice about air travel again. While travel bookings are surging this year, some people are sticking with one of the bigges...

Meta Ruffy’s platform launches building the entertainment industry in the MetaVerse

Meta Ruffy is a technology-based open world in the Metaverse which merges Blockchain, Web 3.0, Virtual Reality and Artificial Reality. The team’s primary goal is to dominate the entertainment area in ...

Meta Ruffy’s Platform Goes Live, Helping to Build the MetaVerse’s Entertainment Industry

Advertisement &nbsp &nbsp The Meta Ruffy team is thrilled to announce the launch of their platform, which allows users to create their own entertainment business in the Metave...

Meta Ruffy’s Platform Launches, Building the Entertainment Industry in the MetaVerse

26th January 2020, Tallinn, Estonia – Meta Ruffy is a technology-based open world in the Metaverse which merges Blockchain, Web 3.0, Virtual Reality and Artificial Reality. The team’s primary goal is ...

How AMC rode the meme stock rally to revitalize its business

The AMC Burbank 16 and the Batman bronze statue in Downtown Burbank. AaronP/Bauer-Griffin | GC Images | Getty Images After a year of massive stock gains, AMC Entertainment shares are starting to cool ...

Mattel shares jump after toymaker wins license to make Disney toys

Disney character doll sisters, Elsa and Anna of Arendelle, from the Disney movie Frozen. Catherine Lane | Getty Images Mattel shares jumped Wednesday after the toy manufacturer said it won the license...

Leading Indian Entertainment Giants T-Series and Hungama Digital Entertainment to foray into the NFT & Metaverse Space in association with Hefty Entertainment

The global digital entertainment industry has shown phenomenal growth over the past few years raising the bar of entertainment creation and consumption like never before. Asia’s largest publisher and ...

AMC reportedly in advanced talks to refinance debt

A man walks past the AMC Georgetown 14 Theatres in Washington, DC on June 3, 2021. Mandel Ngan | AFP | Getty Images AMC Entertainment is fast-tracking its plan to refinance its debt, according to a ne...

Singapore says it’s ready for 2022 travel demand when it returns

There are “encouraging signs of recovery” in Singapore’s tourism sector, according to the Singapore Tourism Board. Visitor arrivals reached 330,000 and tourism receipts reached an es...

A food guide to the Thai capital

Bangkok revels in its status as a culinary mecca. From wizened street vendors who perform alchemy with sizzling woks to whiz-kid chefs who are shaping the fine dining scene, the city lays claim to one...

T-series and Hefty entertainment, Hungama digital media division set to launch NFTs

T-Series, Asia’s largest music label, publisher, and India’s largest film studio announced its foray into Non-Fungible Tokens (NFTs) in association with HEFTY Entertainment a division of Hungama, one ...

Bob Dylan Sells Recorded Music Catalog To Sony Music Entertainment

UNITED KINGDOM – MAY 05: Photo of Bob DYLAN; performing live onstage, wearing Stetson hat (Photo … [+] by Harry Scott/Redferns) Redferns Few if any artists in history have a recorded legac...

Monday’s worst-performing stocks in the S&P 500 are down as much as 42% for 2022

Monday’s stock-market decline accelerated, and a closer look at the day’s worst performers highlighted painful double-digit year-to-date drops. The Dow Jones Industrial Average DJIA, -2.92% was down a...

Netflix Stock Might Be a Buy After Earnings Selloff

Text size Netflix added 8.3 million subscribers in the fourth quarter, but the company’s first- quarter forecast came up well short of Wall Street’s estimate. Dreamstime And just like that, Netflix pr...