Emily Longeretta GAC Media has acquired and renamed the Kitten Bowl, once a Hallmark Channel staple, Variety can exclusively reveal. The new special, set to premiere on Sunday, Feb.
27.01.2022 - 02:45 / variety.com
Todd Spangler NY Digital EditorNetflix shares — after dropping 30% over the past week — rose more than 4% in after-hours trading Wednesday after Bill Ackman, head of the Pershing Square Capital Management hedge fund, disclosed that his firm had bought more than $1 billion worth of the streamer’s stock.Starting last Friday (Jan. 21) and over the next several days, Pershing acquired more than 3.1 million shares of Netflix, “making us a top-20 shareholder in the company,” Ackman wrote in a letter to the hedge fund’s investors.Click here to sign up for Variety’s free Strictly Business newsletter covering earnings, financial news, and more.The hedge fund scooped up the stake in Netflix after the stock took a nosedive following its fourth-quarter 2021 earnings report, in which it forecast a much smaller-than-expected subscriber gain in the first quarter of 2022 — fueling investor fears that the category leader was losing steam.
“The opportunity to acquire Netflix at an attractive valuation emerged when investors reacted negatively to the recent quarter’s subscriber growth and management’s short-term guidance,” Ackman wrote in the letter.“We have greatly admired Netflix both as consumers and as investors, but have never previously owned a stake in the company,” Ackman continued. “Netflix is a primary beneficiary of the growth in streaming and the decline in linear TV driven by its superior customer experience, a vast and diverse amount of superb, constantly refreshed content, global improvements in bandwidth, and the proliferation and continues improvement and convenience of devices on which one can watch.”Pershing began analyzing Netflix in connection with its investment in Universal Music Group, according to Ackman.
Emily Longeretta GAC Media has acquired and renamed the Kitten Bowl, once a Hallmark Channel staple, Variety can exclusively reveal. The new special, set to premiere on Sunday, Feb.
Stacey Solomon suffered an internet nightmare after she searched for an adult swing online. The 32 year old was responding to a fan on Instagram when she innocently stumbled across some adult content online. Stacey posted on her stories of how she wished the swing for her son Rex, two, also came in bigger sizes for her to use.
After allegedly scamming multiple women on Tinder out of hundreds of thousands of dollars, Shimon Hayut has been permanently banned from the dating app.
Molly-Mae Hague underwent surgery back in September 2021 to remove a lump she found in her breast. Now, the former Love Islander has opened up on the experience, sharing all from the moment she found the lump to the operation.The 22 year old, who recently gifted her £32,000 Range Rover to her sister and bought her "dream car", spoke out after being asked several questions during an Instagram Q&A with her 6.2million followers. "I have found a lump in my boob &referred to the hospital for tests how was ur experience?" one person asked her.
Opening up. When Lindsay Arnold joined the professional lineup of Dancing With the Stars in March 2013, she thought she hit the career jackpot — until being demoted to a troupe member.
Sponsored content. Us Weekly receives compensation for this article as well as for purchases made when you click on a link and buy something below.
Snoop Dogg has been finally reunited with his beloved dog Frank! The rapper shared his appreciation for the couple who helped him find his French bulldog, after he went missing in Los Angeles on Monday.The 50-year-old artist announced that Frank had been found safe, after reaching out to his fans and followers on social media: “Yo, I wanna thank y’all for returning the dog back to us,” he continued, “We appreciate that. Frank made his way back home.
Safe and sound! After Snoop Dogg sent out a social media plea to help him locate his beloved French bulldog, he is relieved that the pooch has been found.
virtual reality release of Capcom’s horror classic Resident Evil 4 is getting a significant update that aims to enhance movement and comfort settings on Meta Quest 2 – formerly known as Oculus Quest 2.Developed by Capcom and Armature Studio, the VR remake of one of Resident Evil’s finest instalments was well-received when it launched in October 2021. Now, an entry on the Quest Blog details that Resident Evil 4 VR’s first post-launch update “has overhauled mobility and comfort settings in response to player feedback, and has enhanced gameplay to give players more options.”These enhancements include “new controller-directional movement” so that players can steer walking direction with their hand, the option to switch the dominant analogue stick movement hand, “which is a big boon for left-handed players”, and height adjustment settings.“Additionally, there are new accessibility settings for adjusting waist and chest holder positions,” the announcement continues, “as well as an option for changing the colour of the laser sight on weapons.”Other minor changes include more reloading settings, fixes for known issues affecting saving, and “other optimisations that enhance various facets of the experience”.Although the update brings no new gameplay content, it seems to lay the groundwork for the upcoming The Mercenaries mode, which was announced in November 2021.
There’s a new thriller series on Netflix that is already gaining a large fan-base – In From The Cold!
Netflix Co-CEO Reed Hastings bought $20 million shares of the streaming giant after a big drop in the stock price following quarterly earnings.
Netflix rose handily in after-hours trading Wednesday following news that Bill Ackman’s Pershing Square Capital has acquired more than 3.1 million shares to become a top-20 stockholder.
All in the family. Amber Portwood, Leah Messer and more of MTV’s biggest stars opened up about their ups and downs as parents during the Tuesday, January 25, episode of Teen Mom: Family Reunion.