EXCLUSIVE: Filming has begun in Canada on New Regency-backed fencing thriller Balestra, which will be produced as a feature with an alternate version to be released separately as a limited series.
01.02.2022 - 18:27 / thewrap.com
Shares in both AT&T and Discovery opened down about 5% apiece on Tuesday morning, following news that AT&T would indeed, definitely spinoff WarnerMedia in a $43 billion deal with Discovery, Inc.There was previously a chance the two companies would execute a split instead.In addition to that decision, AT&T’s board of directors has approved an annual dividend of $1.11 per AT&T share.“In evaluating the form of distribution, we were guided by one objective — executing the transaction in the most seamless manner possible to support long-term value generation,” AT&T CEO John Stankey said this morning. “We are confident the spin-off achieves that objective because it’s simple, efficient and results in AT&T shareholders owning shares of both companies, each of which will have the ability to drive better returns in a manner consistent with their respective market opportunities.“We believe that the remaining AT&T and the new WBD are two equities that the market will want to own and the markets to support those equities will develop,” Stankey continued.
“Rather than try to account for market volatility in the near-term and decide where to apportion value in the process of doing an exchange of shares, the spin-off distribution will let the market do what markets do best. We are confident both equities will soon be valued on the solid fundamentals and attractive prospects they represent.”That WBD refers to Warner Bros.
Discovery’s expected stock-ticker symbol. Shares will trade on the NASDAQ Global Select Market.The close of the pending deal will create a new, combined company, ending Discovery, Inc.’s run as a standalone entity.
EXCLUSIVE: Filming has begun in Canada on New Regency-backed fencing thriller Balestra, which will be produced as a feature with an alternate version to be released separately as a limited series.
above and the poster below. The film will be released exclusively on Disney+ on May 20, 2022.“Chip ‘n Dale: Rescue Rangers” stars John Mulaney (“Saturday Night Live”) as Chip, Andy Samberg (“Palm Springs”) as Dale and KiKi Layne (“If Beale Street Could Talk”). Also joining the cast are Will Arnett (“Arrested Development”), Eric Bana (“Dirty John”), Flula Borg (“Pitch Perfect 2”), Dennis Haysbert (“24”), Keegan-Michael Key (“Schmigadoon!”), Tress MacNeille (“The Simpsons”), Tim Robinson (“I Think You Should Leave”), Seth Rogen (“Pam and Tommy”), J.K.
Todd Spangler NY Digital EditorDiscovery investors will be asked to approve the $43 billion deal to combine with WarnerMedia, which AT&T is spinning off, at a March 11 virtual meeting.Discovery announced the date in a letter to shareholders, which it disclosed in an SEC filing Thursday. On that same day, AT&T has scheduled a virtual investor conference where the company said it will provide “additional insight and expectations for financial and operational performance of AT&T’s Communications segment” following the close of the WarnerMedia transaction.The pact cleared a major hurdle this week after U.S.
Kevin Hart got Nick Cannon in some hot water with his latest prank. Earlier this week, Hart gifted Cannon a vending machine full of condoms as part of his latest prank in the pair's «prank wars» challenge, but the prank didn't go over too well for the talk show host at home.Cannon was joined by his co-stars earlier this week, and he spoke about how the stunt caused him some «baby mama drama.»«I still think me wrapping his face on my private plane is better than his sending me a vending machine full of condoms,» Cannon told ET's Kevin Frazier of Hart's NSFW prank.«Vending machine full of condoms is a much bigger hassle to get out of a dressing room and takes up all the space,» Hart chimed in. «And one thing that was brilliant about it, it was the mystery of it, because I had up some baby mama drama, 'Who sent you that? Who sent you that?'» Cannon said. «So, I did have to do some real life stuff, and then when he came out and said it was him, everybody relaxed.»Hart's prank came just days after Cannon announced that he's expecting his eighth child with model, Brie Tiesi.«It's about complicating a person's day, how do I make your day difficult? That's a beautiful prank,» Hart added of the hilarious moment.A post shared by Kevin Hart (@kevinhart4real)The friends and co-stars have a couple more shenanigans in store on their BET+ original series, .
Brian Steinberg Senior TV EditorAT&T and Discovery have gained clearance for their much-anticipated deal to spin off WarnerMedia so it can merge with Discovery, a deal that has already been approved in Europe. The approval of Discovery shareholders is the last barrier to the deal moving forward.The companies disclosed the matter in two different filings Wednesday with the U.S.
EXCLUSIVE: ABC is looking to recruit another Rookie. The network is exploring a spinoff of its popular police procedural starring Nathan Fillon with another bonafide TV star, Niecy Nash, and a new setting, the FBI. The potential new series for next season will be introduced in a two-episode arc of the current fourth season of The Rookie. It will serve as a backdoor pilot for the yet-untitled project, which comes from The Rookie creator/executive producer Alexi Hawley, executive producer Mark Gordon and studios eOne and ABC Signature.
Jem Aswad Senior Music EditorDavid Crosby and Stephen Stills have joined Neil Young and Graham Nash in asking their labels to remove their collective recordings from Spotify.According to the announcement, in support of stopping harmful misinformation about Covid-19 on Joe Rogan’s Spotify-hosted podcast, the musicians have decided to remove their records from the streaming platform including the recordings of Crosby, Stills, Nash and Young; Crosby, Stills & Nash and Crosby-Nash, as well as Crosby’s and Stills’ solo projects. Nash has already begun the process to take down his solo recordings.In a unified statement, the band members commented, “We support Neil and we agree with him that there is dangerous disinformation being aired on Spotify’s Joe Rogan podcast. While we always value alternate points of view, knowingly spreading disinformation during this global pandemic has deadly consequences. Until real action is taken to show that a concern for humanity must be balanced with commerce, we don’t want our music – or the music we made together – to be on the same platform.” Reps for Spotify did not immediately respond to Variety‘s request for comment.Following a similar request by Joni Mitchell, the move reunites the five artists, who have been friends and collaborators since the 1960s, in a stance that they certainly could not have imagined 50 years ago.
David Crosby, Stephen Stills and Graham Nash have issued a statement supporting former bandmate Neil Young in seeking the removal of their music from Spotify in protest of podcaster Joe Rogan.
Neil Young’s former and longtime bandmates Graham Nash and Nils Lofgren, along with singer-songwriter India.Arie, are the latest musicians to join Neil Young and Joni Mitchell in announcing the removal of their songs from Spotify.
Zack Sharf Graham Nash and India Arie are the latest music artists to announce they are following in the footsteps of Neil Young and Joni Mitchell by removing their music from Spotify. Nash said in a statement that he “completely agrees” with his Crosby, Stills, Nash & Young bandmate Neil Young after “having heard the COVID disinformation spread by Joe Rogan on Spotify.” Nash added, “I am requesting that my solo recordings be removed from the service.”While Young, Mitchell and Nash exited Spotify because of Joe Rogan’s podcast spreading COVID misinformation, India Arie noted on Instagram that she is leaving Spotify because of Rogan’s “language about race.”“Neil Young opened a door that I must walk through,” Arie wrote on Instagram.
Nick Cannon, 41, is going to be a dad — again! The father of superstar songstress’ Mariah Carey’s ten-year-old twins – Monroe and Moroccan – revealed on Jan. 31 that model Bre Tiesi, 31, is pregnant with his eighth child. The news comes just one month after the death of his baby son, Zen, with girlfriend, Alyssa Scott, 28. And while that was truly heartbreaking for the entire family, HollywoodLife has EXCLUSIVELY learned that Nick and Mariah’s twins are focusing on the future — and they are “excited” to have another sibling on the way!
Dennis Harvey Film CriticThe sense of a city as a complex, ailing ecosystem is rendered with unusual vividness in “All That Breathes.” Shaunak Sen’s documentary has no formal interviews, onscreen text or omniscient narrator to provide relevant stats on Delhi, where air pollution is reportedly twelve times worse than in Beijing, which ranks second on the global list. Instead, the environmental impact is felt on the microcosmic level of two resident brothers dedicated to urban bird rescue.
Naman Ramachandran Discovery Plus India’s original investigative documentary series “Dangals of Crime: The Untold Truth About Indian Wrestling,” is now streaming. It traces the meteoric rise of the Olympic sport, in which India has seven summer Olympics medals, and also explores its dark underbelly.