Mr. and Mrs.? Eva Mendes may have dropped a major bombshell about her relationship with Ryan Gosling.
01.11.2022 - 16:47 / deadline.com
Fox Corp. CEO Lachlan Murdoch declined to directly address deliberations about a potential reunion with corporate sibling News Corp. during Fox’s quarterly earnings call, but he readily acknowledged the importance of scale in the media business.
“What we’ve seen out of our media peers over the past few years are peers getting bigger through mergers and acquisitions,” the exec said. “Scale lends flexibility in many ways. We continue to grow our business. We continue to look at M&A and be very disciplined. But we do look at the importance of scale, particularly over the next couple of years when opportunities will emerge.” He did not elaborate on the nature of those opportunities, but said Fox would continue to explore possible deals.
Murdoch spoke a few minutes after Fox posted solid results in the fiscal first quarter, with political ad revenue propelling the company’s overall performance. He apologized for having to steer around the elephant in the room, repeatedly noting that both Fox and News Corp. have formed special committees in order to explore a re-teaming. “It’s hard for me to comment on something that doesn’t exist today,” Murdoch said.
Including prepared remarks, the call lasted less than 40 minutes. The bulk of the discussion centered on strong advertising results and the blossoming of Tubi. The free, ad-supported streaming service, which Fox acquired for $440 million in 2020, exceeded the ad performance of Fox Entertainment for the first time “in a meaningful way,” Murdoch said, with revenue growth “re-accelerating” to 30% in the fiscal first quarter and pacing toward 40% in the current quarter.
While Fox has lacked the scale predecessor 21st Century Fox ever since the $71.3 billion sale of most of its
Mr. and Mrs.? Eva Mendes may have dropped a major bombshell about her relationship with Ryan Gosling.
AMC Networks followed the discouraging pattern of media and tech companies reporting advertising downturns in the third quarter.
President Joe Biden once again gave a speech warning of the future of democracy, keying in on some GOP candidates’ refusal to commit to accepting the election results.
Fox Corp. rode a surge in political ad spending and continued growth in streaming in its fiscal first quarter, posting financial results above Wall Street analysts’ expectations.
Nick Thompson is responding to ex Danielle Ruhl‘s recent commentary about their unexpected split.
new head of creative for the WWE, Triple H already had a career worthy of the WWE’s Hall of Fame. And yet, at the present, he’s only inducted as a member of D-Generation X. While other members of the faction like Shawn Michaels and Kevin Nash have separate entries as individual performers, he does not, and Nash recently revealed on his podcast that he doesn't see it happening.
Match of the Day presenter Gary Lineker has incurred the wrath of GB News host Nana Akua who reminded viewers of when she claims he "had a go at" her on Twitter and says "I demand an apology". Gary has recently been found in breach of his BBC contract after he made comments about the Conservative party taking money from Russian donors.
Cynthia Littleton Business Editor CANNES – The newly constituted senior entertainment team at Fox Corp. came to Mipcom this year with checkbooks in hand. The trio of executives who offered the keynote address Monday evening at the international content conference were blunt in telling the crowd that they came to make some new friends around the world and strike some deals. The company is bucking the trend in media toward direct-to-consumer subscription platforms. Fox is putting its resources into content and IP that can travel around the world and be adaptable in many forms. “While others are trying to hide their content behind paywalls, we are doing the opposite,” said Rob Wade, who was promoted this month to CEO of Fox Entertainment (“I’m 10 days in to the job,” he noted with a smile on stage). “We see the potential of working with (outside) networks, producers and distributors to be able to get our content out there further.”
Brian Steinberg Senior TV Editor OpenAP was built by traditional TV companies hoping to get their collective hands around new ad-tech that is generating millions of advertising dollars Now they are reaching outside of their circle. The advertising consortium, owned by NBCUniversal, Fox Corp., Paramount Global and Warner Bros. Discovery, has enlisted an investment from Snowflake Ventures, a company that specializes in cloud-based data and analytics. Snowflake will be the first company from outside the traditional TV business to have ownership in Open AP. “This investment from Snowflake is really a testament to the publishers saying, ‘We know this is where the industry is going,'” says David Levy, CEO of Open AP, in an interview.
The plastic surgeon sued by 50 Cent for posting a photo of the rapper to her company’s social media profiles has hit back at the lawsuit, arguing that she hasn’t used the image for promotional purposes. And, anyway, 50 Cent gave her permission to post the photo in return for services provided to him and his girlfriend.The rapper – real name Curtis Jackson – sued Angela Kogan last month.
Andrea Iervolino’s Social Media App TaTaTu Lists On Euronext
Dr. Anthony Fauci, the face of the government's response to the coronavirus pandemic over the last two-and-a-half years, deflected responsibility for school closures in an interview on Sunday while admitting to some negative effects for children. The head of the National Institute of Allergy and Infectious Diseases, who is stepping down in December after five decades in the role, was asked by ABC News correspondent Jonathan Karl whether it was a "mistake" for schools to be closed down as long as they were. "I don’t want to use the word ‘mistake,’ Jon, because if I do, it gets taken out of the context that you’re asking me the question on," Fauci said.
Nick Vivarelli International Correspondent Italy’s storied Titanus studio, producers of myriad golden era Cinema Italiano works, is getting a reboot and reviving its production side with several projects in development, including a contemporary sequel of Dario Argento’s supernatural chiller “Phenomena.” Established in 1904 by Gustavo Lombardo, Titanus was a true Italian major, which during the 1960s forged a partnership with MGM. They slowed down considerably from the mid-1960s onwards after Luchino Visconti’s lavish Sicily-set costumer “The Leopard” (1963), starring Burt Lancaster, Claudia Cardinale and Alain Delon, went way over budget. Since the mid-1980s the studio’s output has been on a much smaller scale, and primarily for TV.
Nick Vivarelli International Correspondent Rome’s MIA, a market dedicated to international TV series, feature films, animation and documentaries, wrapped its eighth edition on Saturday on a positive note boasting a 20% rise in attendance compared with 2021, having attracted more than 2,400 registered industry execs from 60 countries, more than half of which from Italy. However, the pandemic was still limiting travel last year, which makes comparisons difficult. The mood was undoubtedly upbeat in the halls and terraces of central Rome’s Palazzo Barberini – which besides being Italy’s national ancient art gallery is also the market’s main hub – and in the adjacent state-of-the-art Cinema Barberini movie theater during five days of curated dealmaking and dozens of panels and project pitching sessions involving 70 TV, film, doc and animation projects.
José Lopez from Puerto Rico was crowned Mr Gay World 2022 at the Artscape Opera House in Cape Town on Saturday night.
Jamie Lee Curtis says social media is bad for people's mental health. The ‘Halloween Ends’ star says having smartphones constantly showing us “tragedies” - such as the ongoing conflict in Ukraine - via apps is ultimately not good for humanity. Appearing on SiriusXM’s ‘The Jess Cagle Podcast with Julia Cunningham’, she said: “We have these devices in our hands.
Media mogul Rupert Murdoch is exploring a re-combination of the family’s Fox Corp. and News Corp., which split into two separately companies nearly a decade ago. The boards of directors of both have set up committees to examine the possibility.
Brian Steinberg Senior TV Editor Rupert Murdoch is considering getting the whole gang together again — a new combination of the two big media companies his family controls. Murdoch has proposed an exploration of the potential for a merger of Fox Corp. and News Corp., two entities his family split apart in the summer of 2013. according to a filing with the U.S. Securities and Exchange Commission filed by the latter. The Wall Street Journal previously reported the decision, which would be mulled by special committees of each company’s board of directors. News Corp. said that it “formed a Special Committee composed of independent and disinterested members of the Board to begin exploring a potential combination with Fox Corporation” after it received “letters from K. Rupert Murdoch and the Murdoch Family Trust.” There is no guarantee a merger will result from the discussions, the company said.