Sony Takes Minority Stake in Fortnite Maker With $250 Million Investment

Patrick Hipes Executive Managing EditorThe Paley Center for Media said that PaleyFest LA will go virtual for the first time because of the coronavirus pandemic, setting its 2020 edition for August with a guest lineup for 10 series that includes Cate Blanchett, Justin Bieber and Dolly Parton and moderators including Stacey Abrams and Martha Raddatz.

statement to CNN.On Twitter, Sandmann — who is now 18 years old — celebrated the settlement and said he had “more to do.”Also Read: Washington Post Uncovers Owner Jeff Bezos' 2020 Charitable Gifts: Equivalent to $85 for Median AmericanLast year, Sandmann sued the Post, arguing that the paper defamed him in its coverage of a viral video that depicted his encounter at the Lincoln Memorial with Nathan Phillips.

Also Read: Michael B Jordan Urges Hollywood to 'Commit to Black Hiring' at #BLM ProtestThe key aspects of the roadmap, which you view in full here, include:“The legacy of racism in Hollywood is long and unforgivable: excluding Black talent, silencing Black voices, derailing Black careers, and using the economic power of the industry to prop up police who target and enact violence on Black communities,” Rashad Robinson, president of Color Of Change, said in a statement.

the woman at the centre of the decade’s most salacious libel trial takes to the witness stand — and the world will be watching Amber Heard. For the Hollywood actress whose career includes The Danish Girl and box office record-breaker Aquaman, this week will be her greatest starring role to date.Heard has arrived at the High Court wearing a red bandana as a face mask, and has been smiling but silent, surrounded by a support squad of powerful women.

Peter White Television EditorSimon Cowell is to take full control of Got Talent and The X Factor producer Syco Entertainment after agreeing to buy out Sony Music Entertainment’s stake in the joint venture.Cowell is personally buying out the stake and the move will give him sole ownership of the entertainment company.

Also Read: Nick Cannon Demands 'Full Ownership' of 'Wild 'N Out,' an Apology From ViacomCBS“I want to say a heartfelt thank you to Rob and all of the Sony Music executives, artists and partners all over the world,” said Cowell. “It’s been a unique partnership and Sony have always backed and supported me to create television formats.

speeding against each other at up to 100mph. Cops have launched a probe after the 'erratic' driving was spotted with two high-powered motors racing on the M8 on Saturday.

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.”

Wilmer Valderrama knows the importance of using his platform and voice to help his community.

Jake Kanter International TV EditorComcast-owned European broadcaster Sky has secured planning permission to build a major new film and TV studio in Elstree, north London.

Mackenzie Nichols Staff Writer“Westworld” star Thandie Newton revealed several stories about shocking behavior she’s encountered from Hollywood executives and creatives over the course of her career in a provocative interview with Vulture.

Johnny Depp in the new Fantastic Beasts film?” Depp and The Sun have hired some of Britain’s highest-profile lawyers, and pre-trial hearings have already exposed radically differing accounts of Heard and Depp's tempestuous marriage. The Sun’s lawyers tried to have the suit thrown out on the grounds that Depp failed to disclose text messages he exchanged with an assistant showing that he tried to buy “MDMA and other narcotics” while he was in Australia with Heard in 2015.

Page Six says Meghan McCain is still upset after the publication reported on Meghan’s move to her home in Virginia from New York City amid the coronavirus pandemic. McCain supposedly took to her Twitter account to write that her neighborhood in Manhattan looked like a “war zone.” A comedy writer poked fun at Meghan’s comments, stating that she and The View co-host lived in the same neighborhood and everything looked fine.

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.

The 31-year-old Moore, a Jefferson City, Missouri, native, starred at UConn before helping lead Minnesota to four WNBA titles. She met Irons through a prison ministry in 2007.Moore put her career on hold to help Irons, who was just 16 years old when he was convicted for a 1997 home invasion and shooting and sentenced to 50 years in prison.Irons maintained his innocence.

Manori Ravindran International EditorSony Pictures Television has acquired London-based “Sex Education” producer Eleven.As previously reported, Sony is believed to have beaten off a number of potential buyers, and has taken a majority stake in the outfit.The investment in Eleven marks one of the few major M&A deals to have emerged from the last four months, when much of the industry has ground to a standstill due to COVID-19.

Justin Kroll Film ReporterAmblin Partners has closed a deal with Niki Caro to direct “Beautiful Ruins,” sources tell Variety.The story is set in an Italian seaside village in 1962, where a charming young man runs a hotel with no guests, until one day an American starlet, fresh from the set of “Cleopatra,” appears and captures his heart.