Warren Buffett Latest Celebrity News & Gossip

Shares of Paramount Global popped in afternoon trade on a report that Apollo Global has made an $11 billion bid for the company’s film and TV studio. The private equity giant has been in and out of the mix of suitors, which also include David Ellison‘s Skydance Media and Byron Allen.

EXCLUSIVE: The Network is the latest free streaming service to launch in the U.S. The ad-supported service, which was set up by Aram Rappaport, founder of the creative ad-agency The Boathouse, is launching April 30.

Famed investor Warren Buffett’s Berkshire Hathaway knocked Paramount Global shares higher after disclosing that it has raised his stake in the media company.

Amazon founder Jeff Bezos plans to give away most of his $124BN fortune during his lifetime.

Jordan Moreau SPOILER ALERT: Do not read if you have not watched the series finale of “Better Call Saul” Season 6, titled “Saul Gone.”More than seven years after “Better Call Saul” began, and 13 years after Bob Odenkirk first popped up as the sleazy lawyer in “Breaking Bad,” his story has come to a close — and Saul is behind bars.After a little United States v. Saul Goodman legal action, the now-reformed Jimmy McGill ended up with 86 years in prison as Walter White’s “indispensable” criminal lawyer.

Country music superstar Dolly Parton, who made a big donation to help fund coronavirus vaccine research in 2020, is among this year’s Carnegie Medal of Philanthropy recipients. Also being honoured are Dallas entrepreneur Lyda Hill, Kenyan industrialist Manu Chandaria, and Lynn and Stacy Schusterman, from the Oklahoma investment family. The award, presented by the international family of Carnegie institutions to honour innovative philanthropists, debuted in 2001 and is normally awarded every two years.

NBA icon Bill Russell has died aged 88. The Boston Celtics veteran racked up 11 titles with the team from 1956 and 1969 and won an Olympic gold medal in Melbourne with the United States in 1956. His two NCAA titles at San Francisco in 1955 and ’56 paved the way for him to become a five-time NBA MVP and 12-time All-Star.

Jennifer Maas TV Business WriterSUN VALLEY, Idaho — The moguls have arrived.On Tuesday, dozens of titans of the business, media and tech worlds came out to play at the Sun Valley Lodge in Idaho for the start of Allen & Co.’s annual meeting of movers and shakers.The invitation-only conference will include three days of seminars and meetings that are held away from the prying eyes of the public, which kick off Wednesday morning. So today was all about meeting and greeting each other at the posh retreat in Idaho’s picturesque Sawtooth Mountains.Arrivals began at the Sun Valley Lodge around 11 a.m.

Brent Lang Executive Editor of Film and MediaIt’s that time of year again. That post-July 4th period when media barons and billionaires break out the Brooks Brothers casual and don their sweater vests to hit an idyllic Idaho resort town of Sun Valley for another edition of “lets make a deal.”Many of the names expected to rub elbows next month are familiar ones. Microsoft founder Bill Gates, Liberty Media’s John Malone, Comcast chairman Brian Roberts, Alphabet CEO Sundar Pichai, Apple pasha Tim Cook and Berkshire Hathaway guru Warren Buffett are among those who have once again made the cut for Allen & Co.’s annual media conference.

Media shares felt the pain as markets swooned Wednesday with glum earnings and outlooks from major retailers reflecting broader economic woes.

Todd Spangler NY Digital EditorIt’s been a brutal year so far for Wall Street — the Dow has dropped for seven weeks straight in its worst performance since 2001 — and most media companies have been harder hit than the broader financial markets amid ongoing gyrations.The stock volatility has been triggered by a range of troubling indicators, including higher interest rates aimed at dousing rising inflation as well as supply-chain disruptions, labor shortages and geopolitical uncertainty due to Russia’s war in Ukraine.With players like Netflix, Disney, the newly formed Warner Bros. Discovery and Paramount Global in the thick of the streaming wars, there has been a new post-pandemic reset: Investors are more closely scrutinizing the growth dynamics and economics of video streaming.

Cynthia Littleton Business EditorParamount Global’s stock price shot up more than 10% in early trading Tuesday following the news that Warren Buffett’s Berkshire Hathaway has scooped up more than $2 billion worth of shares in the company in recent months.Paramount stock opened Tuesday at $28.47 after closing Monday at $28.02, before Berkshire Hathaway’s stock purchases were disclosed in a Securities and Exchange Commission filing.Berkshire Hathaway has been in an investor in one of Paramount’s predecessor companies, Viacom, in the not-too-distant past. Buffett’s purchases of late suggest that he sees the company as under-valued, or that he expects the company to be involved in M&A .Paramount Global, which changed its corporate moniker from ViacomCBS earlier this year, has struggled with the conventional wisdom that the company is too small to compete in what is fast becoming a global content marketplace.

Shares of Paramount popped higher in early trading after Berkshire Hathaway, the company of legendary investor Warren Buffett, disclosed late yesterday that it acquired a chunky stake in the company.

Warren Buffett’s Berkshire Hathaway invested about $2.6 billion in Paramount Global during the first quarter of 2022, according to a Securites and Exchange Commission filing that disclosed the quarterly stock trading activity of his Berkshire Hathaway holding company.The 91-year-old Buffett, who serves as the owner and CEO of Berkshire Hathaway, has garnered the reputation of a value investor over his career, picking up shares in companies that he believes are undervalued or misunderstood by the markets.His investment in Paramount Global bodes well for the entertainment company as it continues to gain steam in Hollywood’s ongoing streaming wars, using its growing service Paramount+ to compete against Disney, Warner Bros. Discovery, NBCUniversal, Netflix, Apple and more in the digital space.

Warren Buffett’s Berkshire Hathaway reported Monday in a securities filing that it has acquired a stake in Paramount Global after acquiring $2.6 billion in Class B shares.

amid allegations of sexual misconduct in the wake of the #MeToo movement.Rose, who turned 80 in January, posted a 75-minute interview with 91-year-old business giant Warren Buffett on his personal website on Thursday. In it, the two talked about the latter’s career as Rose quizzed him about fellow billionaire bigwigs and space jockeys Elon Musk and Jeff Bezos, among other subjects.“I’m proud to share this recent conversation with Warren Buffett,” Rose wrote as an introduction to the chat — seemingly the start of a series titled “Charlie Rose Conversations” — on his website.

Wilson Chapman editorFour years after being fired from CBS amid sexual harassment allegations, Charlie Rose has reentered the public eye via an extensive interview with business magnate Warren Buffett.The interview appeared this Thursday on Rose’s personal site, which also features archival interviews he conducted during his time as a CBS news anchor. On the homepage of the site, Rose notes this is the first interview he’s done in over four years, and implies that this will be the first of several independent interviews he will conduct.“I’m proud to share this recent conversation with Warren Buffett,” Rose states on the website.

The recently-launched Strong Studios has acquired rights to Alec Sokolow’s script The Tank Job, setting the Oscar nominee as the film’s director.

Kim Kardashian and Kanye «Ye» West are among the 2,668 billionaires across the world. On Tuesday, released its annual billionaires list and the exes each earned a spot for the second year in a row.West came in ranked 1,513 on the list, jumping up more than 200 spots from his place last year. The rapper's $2 billion fortune is credited largely to his lucrative multi-year deal to design sneaker brand Yeezy for Adidas.As for Kardashian, she came in at No.

Amazon stock rose 7% in after-hours trading after the tech company announced a 20-for-1 stock split and a $10 billion share buyback authorization.

EXCLUSIVE: Bohemian Rhapsody scribe Anthony McCarten has scripted his stage play The Collaboration into a feature that will mark the film directorial debut of Kwame Kwei-Armah, with Paul Bettany playing the artist Andy Warhol and Jeremy Pope playing Jean-Michel Basquiat. The film will go into production later this year with McCarten producing through his Muse of Fire Productions along with oft-producing partner Denis O’Sullivan.

beat the performance of Warren Buffett from his tiny desk in a cage somewhere in Germany — is dead. “We feared this day like no other and are truly shocked for it to happen just now,” Mr. Goxx’s anonymous, 30-something German owners tweeted to the rodent’s 18,000 Twitter followers on Wednesday.

told the BBC. “It seems like most people from our generation see no other chance than throwing a lot of their savings on the crypto market, without having a clue what’s going on there.”So they set up the hamster — who is named for failed crypto exchange Mt.

Berkshire Hathaway, the $700 billion holding company headed by legendary investor Warren Buffett.The highlight of the event known as “Woodstock for capitalists” is three-plus hours of open Q&A with Buffett, Berkshire vice chairman Charlie Munger and other top managers at the firm.

The Oracle of Omaha has become a streaming star.

In a deal backed by Warren Buffett's Berkshire Hathaway, local TV station giant E.W. Scripps is buying the independent broadcaster ION Media from the private equity firm Black Diamond Capital Management for $2.65 billion.

Cynthia Littleton Business EditorE.W. Scripps has reached a deal to acquire Ion Media for $2.65 billion in a deal that will be partially financed by a $600 million investment from Warren Buffett’s Berkshire Hathaway.Based in West Palm Beach, Fla., Ion Media owns 71 TV stations covering a wide swath of the country.

Dade Hayes Finance EditorLocal TV station owner E.W. Scripps said it will pay $2.65 billion to acquire national broadcast network ION Media, with Warren Buffett’s Berkshire Hathaway putting $600 million into the deal.Scripps will combine ION assets — notably its broadcast spectrum holdings — with its own brands like multiplatform news outlet Newsy and multicast networks such as Court TV and Bounce to create a national company.

 MacKenzie Scott  donated nearly $1.7 billion to over a hundred different institutions after singing the Giving Pledge initiative in 2019. Along with Warren Buffett and Bill and Melinda Gates to donate part of their wealth to charity or those in need.

Doris Buffett was a philanthropist who was the older sister of billionaire Warren Buffett and helped with his charitable giving efforts.Buffett, like her brother, received a large inheritance from her parents, and she was determined to use it to benefit others rather than keep it to herself. Calling herself a “retail philanthropist,” she had a goal of giving away her entire fortune during her lifetime.

livestream on Yahoo Finance, just as Warren Buffett’s Berkshire Hathaway shareholders meeting did in May.On Tuesday, July 21, at 5 p.m. ET, the outlet will host a virtual one-hour special, “All Markets Summit Extra: Road to Recovery,” as a lead-up to the event.

Mike Fleming Jr Co-Editor-in-Chief, FilmEXCLUSIVE: Anthony McCarten and his Muse of Fire Productions struck a deal with newly formed producer/financier Compelling Pictures, to produce the big screen adaptation of his forthcoming non-fiction book Wednesday at Warren’s, Friday at Bill’s.

Val Kilmer was happy to be one and done with the Batman franchise.

Val Kilmer played the iconic role of Batman in the 1995 film Batman Forever, and he’s finally revealing why he left the role behind after only one movie.

Batman Forever … or just once. In a rare interview, Val Kilmer opened up about his decision to quit the superhero franchise after starring in only one movie.