Netflix Gets Credit Rating Upgrade at S&P Global Amid Pandemic

Kanye West resumed his Sunday Service after a months-long break due to the coronavirus pandemic — and Kim Kardashian was right by his side.“Praise God,” the rapper, 43, tweeted in the early hours of Monday, August 17. “We would like to thank our staff for making sure all Covid safety guidelines were followed today during Sunday Service at our West Mountains family ranch in Wyoming.

In the colony known as Hollywood, beekeeping is on the rise. "People suddenly have time on their hands at home," says Andrew Ward, a first assistant director (Saving Private Ryan, Westworld).

As Hollywood firms aim to regroup from a monthslong production shutdown during the pandemic, animation studio Laika is the latest company to cut staffers across departments. Days after noting the 15th anniversary of its founding, the Oregon-based stop motion studio said it would be implementing cost-saving measures with the intention of rehiring employees when it is possible.

Smash Mouth has joined the growing list of bands performing for large crowds amid the coronavirus crisis.

American Ninja Warrior is returning amid the pandemic.

Soap fans are thrilled that “The Young and the Restless” has returned to Global with new episodes, after having to shut down production in March due to the COVID-19 pandemic.

Liberty Media, the company controlled by billionaire mogul John Malone that houses assets like audio entertainment giant SiriusXM, the Atlanta Braves baseball club and the Formula One racing circuit, on Monday reported second-quarter financials as the novel coronavirus pandemic delayed events in its sports operations.

here.Currently, the private option is only available in two locations, one in Austin, Texas and the other in Denver, Colorado. The $150 gets you the private theater rental and an online portal in which you can invite your friends to each purchase their own ticket and select their own seats.

Also Read: AMC Theatres Lost $561 Million During Second QuarterWhile digging itself out of default, AMC still has a negative credit outlook from S&P. The credit rating firm expressed concern regarding AMC’s plans to begin reopening theaters later this month.“Considerable risk and uncertainty related to this timeline remains.

UPDATE: Sadly, the Friends reunion is getting postponed yet again.

The Friends reunion is going on!

Cinema giant AMC Entertainment Holdings posted second-quarter financial results on Thursday as it looks to reopen its theaters and survive the coronavirus pandemic after a debt restructuring. The extent of the COVID-19 hit taken so far by the largest U.S.

Lionsgate has swung to a first quarter profit for fiscal year 2021, as the studio's Starz premium TV platform hit 11.4 million global streaming subscribers. For the three months to June 30, Lionsgate swung to a quarterly profit attributable to shareholders at $51.1 million, against a year-earlier loss of $54 million.

Debt ratings agency S&P Global Ratings has reduced AMC Entertainment's credit ratings due to concerns over its new debt deal with bondholders. The research firm downgraded AMC's credit rating to SD (selective default) from CC.

Jill Goldsmith Co-Business EditorRatings agency S&P upgraded Netflix’ corporate credit Tuesday, figuring the giant streamer will spend $3 billion less than anticipated this year on content production.

“The Voice” might not be on right now but that hasn’t stopped Blake Shelton from teasing his past co-mentor Adam Levine.

Netflix has cancelled filming on a Turkish original series following pressure to remove a gay character.The producers of If Only, what would have been an eight-part relationship drama, were refused a filming license by the Turkish government because a gay character was written into the show.The show’s creator, Ece Yörenç told Altyazi Fasikul (which was then translated into the Financial Times): “Due to a gay character, permission to film the series was not granted and this is very frightening

Todd Spangler NY Digital EditorThe streaming-rights revolving door continues: Netflix will be the U.S.

coronavirus pandemic and also offered clues to a possible successor for founding CEO Reed Hastings, who on Thursday named the company's chief content officer, Ted Sarandos, as co-CEO. But it was investor disappointment in the outlook for new subscribers that helped drive down the stock 9% to $480.70 in after-hours trading.