Regal Owner Cineworld Gets $250 Million Liquidity Boost

Sony has made a $250 million investment to acquire a minority stake in Epic Games, the developer of Fortnite and the Unreal Engine used increasingly in Hollywood production.

Sony has invested $250 million into a minority stake at Epic Games in a bid to bring the two companies’ partnership closer and reinforce the shared mission to evolve state of the art technology.The investment between the two companies will allow a deeper collaboration across Sony’s entertainment properties and technology.

Todd Spangler NY Digital EditorSony is making a strategic investment of $250 million in Epic Games, the maker of massive hit game “Fortnite,” to acquire a minority interest in the gaming company.The companies said the investment “allows Sony and Epic to aim to broaden their collaboration across Sony’s leading portfolio of entertainment assets and technology,” as well as across Epic’s “social entertainment platform and digital ecosystem to create unique experiences for consumers and creators.”

Jay-Z‘s Roc Nation after the success of an initial ‘From Milan With Love’ event.The Serie A side joined forces with the £75 million management agency for an event that hailed the efforts of key workers in Italy.It was hosted by DJ Khaled and featured performances from the likes of Alicia Keys and Kelly Rowland.

coronavirus pandemic and quarantine, Rachel Bloom  welcomed her first child, but also said goodbye to a dear friend. ET's Matt Cohen spoke with the 33-year-old actress, who was promoting the digital and Blu-ray release of where she got candid about the hardships she'd endured over the last couple months.Bloom gave birth to her daughter with husband Dan Gregor in March, with her baby spending days in the neonatal intensive care unit (NICU) after she had fluid in her lungs.

As it continues a phased reopening, Canadian exhibitor Cineplex has started legal proceedings in the Ontario Superior Court of Justice against Regal owner Cineworld Group, "seeking damages after Cineworld wrongfully repudiated the transaction to acquire Cineplex." On June 12, the U.K.-based cinema giant had called off its planned $2.1 billion takeover of Cineplex, which would have created one of the world's largest cinema companies with more than 11,200 screens globally.

Naman Ramachandran Canada’s Cineplex has initiated legal proceedings against Regal Cinemas owner Cineworld Group over its failed acquisition deal.Cineworld moved on June 12 to scrap its $1.6 billion acquisition of the Canadian business — a move that instantly anticipated legal action from Cineplex, which promised to sue just days later.

SAG-AFTRA has given a greenlight for production on 7th & Union, a LatinX drama toplined by Mexican comedy star Omar Chaparro and Edy Ganem, and to start in Los Angeles on Monday. The feature from newly launched Broken English Productions has Chaparro playing Raymundo, a Mexican ex-fighter who forms an unlikely bond with a disgruntled man (Gregg Daniel), whose life and relationship with his daughter, played by Erinn Westbrook, are unraveling.

Jem Aswad Senior Music EditorThe fast-growing Hipgnosis Songs Fund’s revenues soared in its first full year of business, climbing to $81 million in the 12 month period ended in March 2020 from around $8.9 million in the preceding period.

Nia Long and Omar Epps get hot and heavy in the trailer for their upcoming Netflix movie, Fatal Affair.

If the decades of erotic thrillers have taught film fans anything, it’s that marital affairs never end well. There’s a film about how a woman or a man cheats on their spouse and everything just works out perfectly in the end.

Will Ferrell and Rachel McAdams are in the early stages of working on a follow-up to hit 2005 comedy Wedding Crashers.

Anna Marie de la Fuente Omar Chaparro, one of Mexico’s most popular comedian-actors, and Mexican-Lebanese actress Edy Ganem (“Devious Maids”) have been cast as leads in feature drama “7th & Union” from newly launched Broken English Prods.Launched in response to the Hollywood’s paucity of diverse voices, in front and behind the camera, Broken English Prods.

Rachel McAdams is opening up about her new experience as a working mom.ET's Kevin Frazier spoke to the 41-year-old actress about her new film,, which she stars in opposite Will Ferrell. Ferrell and McAdams play Icelandic singers in the comedy, who are given a chance to represent their country at the Eurovision Song Contest.McAdams talked to ET about shooting the film in Iceland and Scotland, and about actually getting to bring her young son along.

Naman Ramachandran The U.K.-based Cineworld multiplex group has agreed with a group of private institutional investors terms for a new $250 million secured debt facility that matures in 2023.

Amid the ongoing Black Lives Matter movement, Jennifer Lawrence decided to join twitter to speak up against racial injustice. The actress joined the call for justice for Breonna Taylor and voiced her opinions on the social media platform.