Roadside Attractions has nabbed North American rights to the drama Dreamin’ Wild, telling the true story of musician brothers Donnie and Joe Emerson, slating it for release in theaters nationwide on August 4th.
14.03.2023 - 01:23 / thewrap.com
it had approximately $487 million held by Silicon Valley Bank. The company said that the number represents approximately 26% of its cash and cash equivalents, and the company will be able meet its pending financial obligations for at least “the next 12 months and beyond.”The Santa Clara-based Silicon Valley Bank was closed Friday by the California Department of Financial Protection and Innovation, marking a major ending to what had for decades been one of the pillars of financing in the tech industry economy.The bank first made headlines Wednesday after it notified investors that it needed to raise just over $2 billion to offset $1.8 billion in losses it incurred from investments in mortgage-backed securities, which were devalued thanks to the Fed’s decision to raise interest rates.The next day, dozens of SVB’s venture capital clients — urged on by a venture capital fund founded by billionaire Peter Thiel and others — started pulling their assets from the bank, which one investor previously described as “a hysteria-induced bank run.”The customers withdrew $42 billion by the end of Thursday, according to California regulatory filings, and as a result the bank was left with a negative cash balance of $958 million.
Regulators shut SVB down and seized its assets on Friday morning.The bank’s trajectory from Silicon Valley institution to the second biggest bank failure in U.S. history took less than 48 hours.The bank and its assets are now held by the Federal Deposit Insurance Corporation; FDIC insures all bank deposits in the United States up to $250,000, and the agency said Friday that all insured customers should expect to regain access to their money by Monday.
.Roadside Attractions has nabbed North American rights to the drama Dreamin’ Wild, telling the true story of musician brothers Donnie and Joe Emerson, slating it for release in theaters nationwide on August 4th.
Will Smith could run.The 59-year-old Hollywood actor has finally revealed the reason he would often be slapped by fans whenever he was at an airport.Cage, whose real name is Nicolas Coppola, said the bizarre trend was inspired by his 1987 film “Moonstruck,” in which he starred opposite singer Cher.In the film, Cher slaps Cage’s character.“For the longest time, back from ‘Moonstruck,’ I would walk to the airport and people just had a habit of saying: ‘Snap out of it!’ from Moonstruck – the Cher ‘Snap out of it’ [line] – and I did get slapped a few times,” he told Entertainment Tonight.“Oh yeah, I did! And that, you know, it’s part of the job,” he added.When asked why fans felt the need to raise a hand against the Oscar winner, Cage suspected it was because fans believed there could have been something in it for them.“I think maybe [they think] I’ll cast them in something. Who knows?” he quipped.Cage previously revealed that he almost turned down the role — but ultimately agreed to it after making a deal with his agent.“I made that movie on a deal with my then-agent Ed Limato.
Yo La Tengo brought out Wilco for the encore of their show at Metro in Chicago last night, during which they performed four covers together.The bands ran through the Beatles‘ ‘She’s A Woman’, Bob Dylan‘s ‘Love Minus Zero/No Limit’, the Heartbreakers’ ‘One Track Mind’ and Fairport Convention’s ‘Who Knows Where The Time Goes?’.After Wilco departed the stage, Yo La Tengo signed off on their set with another cover, ‘Yellow Sarong’ by The Scene Is Now. Earlier in their set, the band covered Wilco’s ‘If I Ever Was A Child’.Check out their covers below:At an earlier stop on their current US tour this month, Yo La Tengo made headlines by playing a show in Nashville, Tennessee in drag to protest the state’s restrictive new drag law.Earlier this month, Tennessee became the first US state to sign a law banning “adult cabaret” on public property or anywhere it could be seen by children, including “male or female impersonators who provide entertainment that appeals to a prurient interest, or similar entertainers”.The statute – which means a ban on drag performances in public spaces, set to take effect on April 1 – and similar laws, are reportedly being pushed in other Republic-run states.The band made no direct mention of the new law, but said in a statement (via Pitchfork): “What we did last night couldn’t have been clearer, and requires no further comment.”The band released a new album, ‘This Stupid World’, in February.
Reboots have been hot on NBC this season, with the two freshman followups to classic TV series, drama Quantum Leap and comedy Night Court, both already picked up for a second season.
Norway’s Casper Ruud and Italy’s Lorenzo Musetti helped groom puppies while volunteering during the Miami Open Unites campaign on Monday (March 20) in Miami, Fla.
Benji Madden, Cameron Diaz dated a slew of Hollywood A-listers including Justin Timberlake and Alex Rodriguez, but it's safe to say nobody else compared to the rockstar in the blonde bombshell's eyes.Cameron, 50, even revealed to Harper's Bazaar that she could have never imagined walking down the aisle after turning 40 if it wasn't for meeting the TV judge: "I didn't think it was something I'd do, and I don't know if I'd have done it if I hadn't met my husband. It was a surprise," she explained.WATCH: Cameron Diaz shows incredibly rare update inside home with Benji MaddenSince tying the knot, the loved-up duo have continued to go from strength to strength, and despite keeping their relationship incredibly private, the musician will occasionally interject with a loved-up tribute to his wife on social media.Keep scrolling to find out everything you need to know about Cameron's husband Benji Madden…Benji, 43, is a successful musician from Maryland, known for being 1/5th of pop-punk Good Charlotte.
Amazon Freevee has announced that it will stream Casa Grande, a bilingual limited series that examines the everyday realities and conflicts between California’s migrant workforce and the landowners who reap the profits.
Michael Schneider Variety Editor at Large Amazon Freevee has landed the exclusive first-run U.S. rights to “Casa Grande,” a bilingual limited series that follows the tales of California’s hardworking, often undocumented migrant workforce, as well as the wealthy landowners in Northern California. The series, which consists of five one-hour episodes, premieres May 1 on Freevee. Lauren Swickard (“A California Christmas”) and Ali Afshar created “Casa Grande,” which comes from Afshar’s ESX Entertainment shingle. Series stars include John Pyper-Ferguson (“The 100,” “Suits”), Christina Moore (“That ‘70s Show,” “90210”), Madison Lawlor (“Juniper”), Karen Bethzabe (“Babylon”), Javier Bolaños (“All American”), Raquel Dominguez (“Chicago Med”), James Marsters (“Buffy The Vampire Slayer”), Kate Mansi (“Days of Our Lives”), Daniel Edward Mora (“Coco”), Loren Escandon (“The Baxters”) and Ali Afshar (“He’s Just Not That Into You”).
on Prince Harry and Meghan Markle will surely remember the sweet story of Meghan pitching in at a community kitchen serving survivors of the Grenfell Tower disaster and ultimately helping them release a book of recipes, the proceeds from which went to further support the community. Now, her next step into the charity/cooking space has us wondering if she's about to pivot to full-time influencer.Penguin Random House recently announced that chef José Andrés and his World Central Kitchen would be releasing its first cookbook to raise money for disaster relief efforts, and the volume features contributions from Michelle Obama, Ayesha Curry, Guy Fieri…and .
Anyone missing their Sunday sermon this morning in Austin, TX, completely heard it in full from the 52nd former Speaker of the House who made a pitstop here at SXSW for The Atlantic session “The Future of Global Democracy”. Nancy Pelosi canvassed several topics impacting the nation’s democracy and welfare including the collapse of Silicon Valley Bank in her San Francisco backyard, Fox News’ Tucker Carlson, Republicans who prop political violence — and that was just in the first 20 minutes of her hour-long session.
Hollywood production payroll company Wrapbook is among those affected by this week’s collapse of Silicon Valley Bank (SVB), which has now been taken over by the Federal Deposit Insurance Corporation.
documents filed Friday, Roku disclosed that it had approximately $487 million held by Silicon Valley Bank, the Northern California financial powerhouse that failed this week, sending shockwaves throughout the region’s economy.That number, Roku says, represents approximately 26% of its cash and cash equivalents, and the company will be able meet its pending financial obligations for at least “the next 12 months and beyond.”Santa Clara-based Silicon Valley Bank was closed on Friday by the California Department of Financial Protection and Innovation, a spectacular and rapid end to what had for decades been one of the pillars of financing in the white hot tech industry economy.It’s a complex and still developing story but what is known is that on Wednesday, the bank told investors it needed to raise just over $2 billion to offset $1.8 billion in losses it incurred from investments in mortgage backed securities, which were devalued thanks to the Fed’s decision to raise interest rates.Despite the somewhat routine nature of the announcement, the next day, in what one investor described as “This was a hysteria-induced bank run,” dozens of SVB’s venture capital clients — urged on by billionaire Peter Thiel — attempted to pull their assets from the bank.More to come…
Todd Spangler NY Digital Editor About one-fourth of Roku’s cash and equivalents — nearly half a billion dollars — has been held in Silicon Valley Bank (SVB), which was shut down by financial regulators Friday after it collapsed. And the streaming platform company said it’s unsure the extent to which it will be able to recover that cash. SVB, after it faced a run on deposits and failed to raise capital to make up the shortfall, was closed by the California Department of Financial Protection and Innovation, which appointed the FDIC as receiver of its assets. Roku disclosed in an SEC filing that about $487 million of its $1.9 billion in cash and equivalents is held at SVB, or about 26% of the company’s cash and cash equivalents balance as of March 10. The remaining $1.4 billion is “distributed across multiple large financial institutions,” Roku said in the filing.
A high-flying career! Chuck Norris is known for his work on the small and big screens, as well as his impressive martial arts talent.
EXCLUSIVE: We hear that Apple has won a multiple studio bidding war for Cin Fabré’s novel Wolf Hustle about a young Black woman’s ascent in the male dominated Wall Street. Till filmmaker Chinonye Chukwu is adapting as a feature, directing and producing under her Where’s the Fire banner alongside Entertainment 360.
Chaka Khan has apologised for hitting out at Rolling Stone’s ‘200 Best Singers Of All Time’ list, saying that she is committed to “empowering all artists”.The US funk and soul singer was ranked at number 29 on the viral list which was published on January 1, 2023.Topped by Aretha Franklin, the likes of Whitney Houston, Sam Cooke, Billie Holiday and Mariah Carey round out the Top Five.Khan, however, responded by calling the magazine editors “blind bitches”.“They need hearing aids,” she said on on Andrew Goldman’s ‘Originals’ podcast. “These must be the children of Helen Keller!”The ‘I Feel For You’ singer also criticised the artists who ranked above her, including Carey.
Kelsea Ballerini is taking control of the narrative when it comes to her relationship with actor Chase Stokes. The singer-songwriter took to Instagram to squash rumors she and Stokes were in a PR relationship. "Idk seems staged.
Chicago Med actress Torrey DeVitto grew up on tour with Billy Joel (her father, Liberty, was his drummer), and Fleetwood Mac's Stevie Nicks (her mom, Mary, is Stevie's best friend), so it's no wonder the 38-year-old has learned the importance of being your own person."What I admire most about someone like Stevie is that she completely embodies their craft," Torrey told HELLO! as part of our International Women's Day issue. "Stevie is someone who just eats, sleeps and drinks who she is, what she is for music .
A California teen still isn’t quite over having her house crashed into by a celebrity duo.
Pete Davidson and his girlfriend Chase Sui Wonders were involved in a scary car accident in Beverly Hills, California. The authorities confirmed that it was a non-injury incident, taking place on the might of March 4, and no arrests were made.“His car collided with a fire hydrant causing property damage,” Lieutenant Coulter of the Beverly Hills Police Department stated, referring to Davidson.