Magnitude Of Fox Settlement Takes Wall Street By Surprise – But It’s Tax Deductible

Who’s Talking to Chris Wallace. “That’s what I’m hearing here, Chris. But I’ll fight to keep you on the [news] station,” Sanders added with a laugh.Wallace, in good spirit, was quick to jab back.“You poked the bear!” joked Wallace, who has been working in broadcast journalism since 1964 when he was an assistant to Walter Cronkite.

quarterly earnings report.Imax reported quarterly revenue of $86.9 million and earnings of $5.1 million or 4 cents per share on a diluted basis and 16 cents per share on an adjusted basis. That beat Wall Street projections of $77.5 million in revenue and adjusted EPS of 15 cents per share, according to analysts surveyed by Zacks Investment Research.

Todd Spangler NY Digital Editor Amazon, in the midst of paring back its workforce, topped Wall Street forecasts with better-than-expected revenue growth for the first quarter of 2023. The company reported Q1 revenue of $127.4 billion, up 9% year over year, improving over a 7% rise in the year-earlier quarter but still off its historical pace of top-line growth. Net income was $3.2 billion, or 31 cents per share, compared with a net loss of $3.8 billion in Q1 2022 (which included a $7.8 billion loss on its stake in electric-vehicle maker Rivian). The results come as the ecommerce colossus is in the middle of laying off 9,000 workers, on top of the 18,000 job cuts announced in January. On Thursday, the company laid off about 100 employees at Amazon Studios and Prime Video.

Amazon has apparently rediscovered its mojo.

the letter reads.The letter continues, “Evan’s case is the latest in a disturbing trend where journalists are harassed, arrested or worse for reporting the news. The unjust arrest of any reporter, anywhere in the world, is simply unacceptable.

Roku delivered first-quarter results with some bright spots, including better-than-expected revenue, but the streaming provider said it sees its advertising business remaining challenged.

Todd Spangler NY Digital Editor Meta, parent of Facebook and Instagram, turned in better-than-expected earnings for the first quarter of 2023 — even as net income dropped sharply on a year-over-year basis. Overall, the company reported revenue of $28.65 billion, up 3% from the year prior, and net income of $5.7 billion (or $2.20 per share), down 24%. Analysts on average expected Meta to post revenue of $27.65 billion and EPS of $2.03, according to Refinitiv. Click here to sign up for Variety’s free Strictly Business newsletter covering earnings, financial news and more. In announcing Q1 results, the company said Facebook averaged 2.04 billion daily active users in March, up from 2.0 billion the prior quarter. Across all its apps, Meta reported daily active users of 3.02 billion on average for March 2023, an increase of 5% year-over-year.

Zack Sharf Digital News Director Sean Hannity was blindsided by Fox News’ announcement that Tucker Carlson is parting ways with the network. Carlson was Fox News’ most-watched primetime host with his 8 p.m. ET news hour “Tucker Carlson Tonight,” which Hannity then followed in the 9 p.m. hour with his own eponymous series. Carlson’s show launched in November 2016, while “Hannity” has been a Fox News flagship series since 2009. “It’s very hard,” Hannity said at the start of his radio show, “The Sean Hannity Show,” regarding Carlson’s Fox News departure (via The Wrap). “My phone has been blowing up all day. The hard part for me is I don’t have a clue… I have no idea. Was it Tucker’s decision? Was it Fox’s? Was it a mutual agreement that they had? I don’t know.”

Brian Steinberg Senior TV Editor Chris Wallace’s interview program, “Who’s Talking to Chris Wallace,” will move to Friday nights from Sundays while continuing to stream on HBO Max, a change as the series prepares for its third cycle of conversations between the news veteran and people of note “Our viewers have come to expect real, authentic conversations with a rich variety of guests,” said Wallace, in a statement. “We’ve really hit our stride this season and I’m excited to continue to bring these timely conversations to both HBO Max and CNN.” Guests scheduled for the third season include Carol Burnett, Bill Hader, Jay Leno, Andy Garcia, Miranda Lambert, with more to be announced in the weeks ahead. Wallace expects to book interviews with politicians and presidential hopefuls as the nation moves full-bore into the 2024 election cycle. The series will be available on the new enhanced streaming service, Max, when it launches in the U.S. on Tuesday, May 23. 

Austin Butler and Kaia Gerber kickstarted the day with a workout.

Reuters reported. Lefortovo, a former KGB prison, is often used to house prominent political prisoners.Gershkovich appeared at the hearing in a transparent box, known as a dock, that is used to hold defendants in Russian courts. Wearing jeans and a checked shirt, he appeared healthy but pale.

Angela Bassett was right there when Austin Butler was bracing himself for the Best Actor announcement at the Oscars.

Angela Bassett opened up this week about her connection with Austin Butler's awards season experience, writing in an essay for TIME that she «understood intimately what he felt» in the moments just before Oscars announcers revealed the Best Actor winner.  Bassett wrote an essay about her friendship with the star in TIME's 100 Most Influential People of 2023 series, published Thursday. In the piece, she recalled the moment that she held hands with Butler at this year's Academy Awards just before the presentation for Best Actor. «I understood intimately what he felt when it was time to learn if he would climb those stairs to the stage,» Bassett wrote«So, I took his hand and held it softly as the winner was announced.»Butler lost the Best Actor race, and Brendan Fraser ultimately took home the trophy, for his performance in.

Austin Butler landed a Best Actor nomination at the 2023 Oscars for his portrayal of Elvis Presley in Baz Luhrmann‘s Elvis. However, he wasn’t guaranteed the role.

Zack Sharf Digital News Director One of the many viral images that emerged out of the 2023 Oscars was the sight of Angela Bassett holding Austin Butler’s hand as the best actor category was announced. Butler was nominated in the category for his performance in “Elvis,” but he lost the Oscar to “The Whale” star Brendan Fraser. The moment registered deeply across social media as Bassett endured her own Oscars loss in the best supporting actress race earlier in the ceremony. Bassett was nominated for her role in “Black Panther: Wakanda Forever,” but the Oscar went to Jamie Lee Curtis for “Everything Everywhere All at Once.” “On the evening of the Oscars, with Austin seated next to me, I understood intimately what he felt when it was time to learn if he would climb those stairs to the stage,” Bassett wrote in a tribute to Butler as part Time magazine’s list of the 100 most influential people of 2023. “So, I  took his hand and held it softly as the winner was announced. Although his name wasn’t called, Austin is no less a winner. The time had come for Austin to say goodbye to Elvis as he began to embrace an infinite universe of possibilities as an actor. I can’t wait to see what he brings us next.”

Austin Butler had the support of another Oscar nominee at the 2023 Oscars this year – Angela Bassett.

Actor and game show host Jamie Foxx has had an undisclosed medical complication, his daughter said Wednesday in an Instagram post.

Fox is sending celebrities to “Mars” for its latest competition series.

Shares of Warner Bros. Discovery dipped nearly 6% today as the company took the wraps off its rebranded streaming service amid a flood of new programming announcements.