SEC Showbiz and Celebrity Breaking News

Stepson Of Missing Billionaire On Titanic Sub Claps Back At Cardi B After She Roasted Him For Attending Blink-182 Concert! - perezhilton.com - Britain - county San Diego
perezhilton.com
21.06.2023

Stepson Of Missing Billionaire On Titanic Sub Claps Back At Cardi B After She Roasted Him For Attending Blink-182 Concert!

Brian Szasz is clapping back after Cardi B and a slew of other haters on the internet called him out for attending a Blink-182 concert while his stepdad is currently missing in the ocean!

National CineMedia Plans Reverse Stock Split To Keep Sinking Shares Afloat, Avoid Nasdaq Delisting - deadline.com
deadline.com
21.06.2023

National CineMedia Plans Reverse Stock Split To Keep Sinking Shares Afloat, Avoid Nasdaq Delisting

In-theater advertising firm National CineMedia announced a special shareholders meeting to vote on a reverse stock split — a move that boosts the price of a company’s shares — as it risks being delisted by the Nasdaq market and works through a voluntary Chapter 11 reorganization.

Mouthwatering microwave meals in minutes from Thai curry to creamy tomato soup - www.ok.co.uk - Thailand
ok.co.uk
10.06.2023

Mouthwatering microwave meals in minutes from Thai curry to creamy tomato soup

Gone are the days of using a microwave merely to heat up a bowl of baked beans or warm up some leftovers from yesterday’s takeaway. For 2023, the humble microwave (or “micro-wav-ay” if you're Nigella Lawson!) meal has been given a new lease of life thanks to food expert and bestselling author Justine Pattison. In her new book PING!, Justine shares 100 fresh and modern recipes that can be whipped up in popular kitchen appliance.

Fans scramble for Matt Rife tickets in Manchester amid O2 Priority issues - www.manchestereveningnews.co.uk - Australia - Britain - USA - county Hall - Ireland - Dublin - county Bristol - city Manchester, Britain - city Birmingham, Britain
manchestereveningnews.co.uk
07.06.2023

Fans scramble for Matt Rife tickets in Manchester amid O2 Priority issues

Comedian Matt Rife will be performing at Manchester in 2024 and fans are facing a scramble for tickets to the show.

Reddit Laying Off 5% of Workforce, Trims Hiring Plans - variety.com
variety.com
06.06.2023

Reddit Laying Off 5% of Workforce, Trims Hiring Plans

Todd Spangler NY Digital Editor Reddit, the internet community discussion powerhouse, is cutting 90 jobs, laying off about 5% of its total employee base, as it restructure operations to position itself to break even in 2024. The job cuts were announced by Reddit CEO Steve Huffman in an email to staffers Tuesday. “We’ve had a solid first half of the year, and this restructuring will position us to carry that momentum into the second half and beyond,” Huffman wrote. Along with the layoffs, Reddit is reducing its hiring plans for the rest of 2023 to about 100 additional employees (previously it expected to hire 300). Reddit currently has around 2,000 employees worldwide.

Disney Officially Discloses $1.5B In Write-Downs For Yanked Streaming Content, As It Signaled It Would On Its May Earnings Call - deadline.com
deadline.com
02.06.2023

Disney Officially Discloses $1.5B In Write-Downs For Yanked Streaming Content, As It Signaled It Would On Its May Earnings Call

Disney made it official with an SEC filing after the markets closed Friday, saying it would take $1.5 billion in write-downs associated with removing streaming programming from its platforms.

Disney to Take $1.5 Billion Content Write-Off Charge in June Quarter After Pulling Dozens of Titles From Streaming Services - variety.com
variety.com
02.06.2023

Disney to Take $1.5 Billion Content Write-Off Charge in June Quarter After Pulling Dozens of Titles From Streaming Services

Todd Spangler NY Digital Editor Disney, after removing dozens of shows and movies from Disney+ and Hulu last week, said it will incur a $1.5 billion impairment charge for the June quarter. In an SEC filing Friday, the company said that on May 26, 2023, it removed “certain produced content” from its direct-to-consumer streaming services. As a result, Disney will record a $1.5 billion impairment charge in its fiscal third quarter financial statements “to adjust the carrying value of these content assets to fair value.” Disney said it’s continuing to review content on streaming platforms and “currently anticipates additional produced content will be removed from its DTC and other platforms, largely during the remainder of its third fiscal quarter.” As a result, Disney currently estimates it may incur further impairment charges of up to about $400 million related to produced content.

Disney to Take $1.5 Billion Content Write-Off Charge After Removing Titles from Streaming Platforms - thewrap.com
thewrap.com
02.06.2023

Disney to Take $1.5 Billion Content Write-Off Charge After Removing Titles from Streaming Platforms

unceremoniously removed dozens of titles from Disney+ and Hulu at the end of May, the company on Friday recorded via an SEC filing a “$1.5 billion impairment charge in its fiscal third quarter financial statements to adjust the carrying value of these content assets to fair value.” And that might not be the end of it – according to the same filing the company could incur charges up to $400 million “related to produced content.”To explain: On May 26, Disney removed dozens of titles from direct-to-consumer streaming platforms Disney+ (including movies like “Stargirl” and “Wolfgang” and original series like “Willow” and “The Mighty Ducks: Game Changers”) and Hulu (shows like “The Hot Zone” and “Y: The Last Man,” movies like “Darby and the Dead” and “The Princess”). It was a baffling movie given how closely connected many of the series nad movies were to already established Disney IP, making them an odd fit to shop to other streamers or linear platforms.

Netflix Shareholders Decline To Back Executive Compensation Packages After WGA Urged Rejection Of “Inappropriate” Pay During Strike - deadline.com
deadline.com
01.06.2023

Netflix Shareholders Decline To Back Executive Compensation Packages After WGA Urged Rejection Of “Inappropriate” Pay During Strike

Netflix shareholders declined to support a proposal affirming the pay packages for top executives during a vote at the company’s annual shareholder meeting on Thursday.

ITV This Morning viewers say show has hit 'new low' over interview with 'man on toilet' days after Phil's exit - www.manchestereveningnews.co.uk - North Carolina
manchestereveningnews.co.uk
31.05.2023

ITV This Morning viewers say show has hit 'new low' over interview with 'man on toilet' days after Phil's exit

This Morning viewers have slammed the show over airing an interview with a man while he's on his compost toilet. Many took to Twitter to react to the guest's interesting choice of location during today's (May 31) episode, with some branding the segment a "new low" for the ITV programme.

WGA Pledges to Picket David Zaslav’s Boston University Commencement Speech - thewrap.com - Boston - Beyond
thewrap.com
11.05.2023

WGA Pledges to Picket David Zaslav’s Boston University Commencement Speech

unable to reach a deal in contract negotiations with the Alliance of Motion Picture and Television Producers. The strike involves a long list of concerns that the writers want Hollywood studios to address, from the low pay involved in writing streaming series to reining in “mini-rooms” used to skirt contractual pay practices to addressing the use of artificial intelligence.According to BU Today, the initial announcement of Zaslav’s selection received “tepid applause” from students.

Greedy Much? Warner Bros. Discovery Shareholders Barely Approve David Zaslav’s $39 Million Pay - thewrap.com
thewrap.com
11.05.2023

Greedy Much? Warner Bros. Discovery Shareholders Barely Approve David Zaslav’s $39 Million Pay

took home $39.3 million last year, after receiving a pay package in 2021 that soared to $246 million in 2021 thanks to a hefty $203 million stock options that was tacked on to his pay. Shareholders appear to be unhappy with the pricey package he’s receiving.The debt-laden company said in an SEC filing that just over half of the shareholder votes cast on the question of the 2022 executive compensation plan — commonly known as a “say on pay” vote — were in favor, while 49.2% voted against the proposal.The vote is an advisory one, and is non-binding, but the SEC requires such votes at least once every three years.

Warner Bros. Discovery Shareholders Slam CEO David Zaslav’s Compensation In Say-On-Pay Vote - deadline.com
deadline.com
11.05.2023

Warner Bros. Discovery Shareholders Slam CEO David Zaslav’s Compensation In Say-On-Pay Vote

Stockholders have expressed serious displeasure with 2022 executive compensation at Warner Bros. Discovery led by CEO David Zaslav, according to the result of a vote at the annual meeting Monday that was filed with the SEC today.

Shamed Derek Mackay 'getting on with life' as he is spotted at energy conference in Glasgow - www.dailyrecord.co.uk - Scotland
dailyrecord.co.uk
10.05.2023

Shamed Derek Mackay 'getting on with life' as he is spotted at energy conference in Glasgow

Disgraced former SNP finance secretary Derek Mackay has been spotted at an energy conference in Glasgow.

BuzzFeed Q1 Revenue Declines 27%, CEO Says Company ‘Leaning Into’ AI and Creators After BuzzFeed News Shutdown - variety.com
variety.com
09.05.2023

BuzzFeed Q1 Revenue Declines 27%, CEO Says Company ‘Leaning Into’ AI and Creators After BuzzFeed News Shutdown

Todd Spangler NY Digital Editor BuzzFeed’s revenue was down substantially in the first three months of 2023, dropping 27% in the period — and the company projected sales would be off as much as 29% for Q2. Given the decline, last month BuzzFeed announced it was shuttering its unprofitable BuzzFeed News division and laying off about 180 people across the organization, about 15% of its employee base. “We have reached an inflection point in digital media. Over the last few months, we have made significant strategic and organizational changes to position the business for long-term growth. Peretti continued, “By leaning into Creators and AI, I believe we can unlock new opportunities across our portfolio of trusted brands — including Tasty, First we Feast, Complex, HuffPost and BuzzFeed,” Jonah Peretti, BuzzFeed founder and CEO, said in announcing the Q1 results.

Hadley Gamble Is Leaving CNBC; Exit Follows Comcast’s Firing Of NBCUniversal CEO Jeff Shell - deadline.com - Beyond
deadline.com
09.05.2023

Hadley Gamble Is Leaving CNBC; Exit Follows Comcast’s Firing Of NBCUniversal CEO Jeff Shell

Hadley Gamble, whose complaints led to the firing of ex-NBCUniversal boss Jeff Shell late last month, is leaving CNBC, the network said today.

CNBC Parts Ways With Anchor Whose Complaints Ousted Former NBCU CEO Jeff Shell - variety.com - New York - Beyond
variety.com
09.05.2023

CNBC Parts Ways With Anchor Whose Complaints Ousted Former NBCU CEO Jeff Shell

Brian Steinberg Senior TV Editor Hadley Gamble, a CNBC reporter who ended up as part of the headlines involving the business-news outlet’s corporate parent and the ouster of its most recent CEO, is departing the company herself. “CNBC today announced that Hadley Gamble, Anchor and Senior International Correspondent, is leaving the company,” the network said in a statement. “Gamble has been a distinguished journalist for more than a decade for CNBC, undertaking highly visible and challenging assignments, and developing deep expertise in the Middle East and beyond. Her initiative and drive have secured valuable interviews with several world political leaders. We wish her every success in her future endeavors.”

Warner Bros Discovery’s Hour-Long Earnings Call Omits Any Mention Of WGA Strike, But CEO David Zaslav Tells CNBC He Believes “A Love For Working” Will End The Impasse - deadline.com
deadline.com
05.05.2023

Warner Bros Discovery’s Hour-Long Earnings Call Omits Any Mention Of WGA Strike, But CEO David Zaslav Tells CNBC He Believes “A Love For Working” Will End The Impasse

Warner Bros Discovery’s hour-long earnings call with Wall Street analysts Friday morning included nary a mention of the WGA strike, unlike many other such calls in recent days.

AMC Entertainment CEO Adam Aron Sees $23.7 Million Pay Package In 2022, Up 25% - deadline.com - Texas - state Delaware
deadline.com
29.04.2023

AMC Entertainment CEO Adam Aron Sees $23.7 Million Pay Package In 2022, Up 25%

AMC Entertainment chief executive Adam Aron saw compensation last year totaling $23.7 million, up 25% from $18.9 million in 2021, according to an SEC filing Friday. That included a base salary of $1.5 million, a $6 million cash bonus, and stock awards valued at $16.2 million.

CW Parent Nexstar Media Group Reports $39.3M In Total 2022 Pay For CEO Perry Sook - deadline.com
deadline.com
29.04.2023

CW Parent Nexstar Media Group Reports $39.3M In Total 2022 Pay For CEO Perry Sook

Perry Sook, who has led Nexstar Media Group from humble beginnings two-plus decades ago to its current status as the top owner of TV stations and the parent of The CW, made $39.3 million in 2022.

AMC Networks Paid Former CEOs Christina Spade, Matt Blank, Josh Sapan A Combined $40M In 2022 - deadline.com - France - New York
deadline.com
29.04.2023

AMC Networks Paid Former CEOs Christina Spade, Matt Blank, Josh Sapan A Combined $40M In 2022

AMC Networks said it paid three former CEOs –Christina Spade, Matt Blank and Josh Sapan — packages worth more than a combined $40 million for 2022.

Former NBCUniversal CEO Jeff Shell Forfeits $43 Million In 2022 Pay After Being Fired For Cause - deadline.com
deadline.com
28.04.2023

Former NBCUniversal CEO Jeff Shell Forfeits $43 Million In 2022 Pay After Being Fired For Cause

Jeff Shell, the ousted CEO of NBCUniversal, forfeited compensation valued at $43 million for 2022 after being fired for cause last Sunday.

Roku President Charlie Collier’s 2022 Salary Hit $53.3 Million in Just 2 Months - thewrap.com
thewrap.com
27.04.2023

Roku President Charlie Collier’s 2022 Salary Hit $53.3 Million in Just 2 Months

a company’s SEC filing published Thursday revealed. Other compensation totaled $25,245.

Jeff Shell Ousted As NBCUniversal Chief With Cause Due To “Sexual Harassment” Of Employee, Comcast Says, Signaling Intent To Avoid Severance Payout - deadline.com
deadline.com
24.04.2023

Jeff Shell Ousted As NBCUniversal Chief With Cause Due To “Sexual Harassment” Of Employee, Comcast Says, Signaling Intent To Avoid Severance Payout

NBCUniversal CEO Jeff Shell was dismissed “with cause” due to “inappropriate conduct” and “sexual harassment” of an employee, according to a new SEC filing from parent company Comcast.

Paramount Gets $167M In Settlement Of Suit By CBS Shareholders Against Shari Redstone, Directors, Ending Years-Long Merger Litigation - deadline.com - state Delaware
deadline.com
22.04.2023

Paramount Gets $167M In Settlement Of Suit By CBS Shareholders Against Shari Redstone, Directors, Ending Years-Long Merger Litigation

Paramount Global said that, pending court approval, it will receive $167.5 million in settlement of a suit by shareholders of the former CBS Corp. against some of the broadcaster’s former officers and directors, including Shari Redstone and Joseph Ianiello. Called a derivative suit, it’s filed on behalf of the company, whose parent is getting the cash.

Netflix’s Reed Hastings, Ted Sarandos See Compensation Rise to More Than $50 Million in 2022 - variety.com
variety.com
21.04.2023

Netflix’s Reed Hastings, Ted Sarandos See Compensation Rise to More Than $50 Million in 2022

Todd Spangler NY Digital Editor Reed Hastings, who stepped aside as co-CEO of Netflix in January, and co-chief Ted Sarandos both saw double-digit increases in their compensation packages for 2022, with their total pay topping $50 million each. Hastings’ total pay last year was $51.07 million, $49.4 million of which was in stock option awards, up 25% from 2021, the streamer disclosed in its 2023 proxy statement Friday. Sarandos’ pay jumped 31.5% in 2022, to $50.3 million, comprising $20 million base annual salary, $28.5 million in stock options and $1.79 million in other compensation (including $1.43 million in residential security costs). In stepping down as co-CEO, Hastings will take a huge pay cut: For 2023, as executive chairman, he’s eligible to receive a $500,000 base salary plus $2.5 million in stock options, according to a Netflix 8-K filing with the SEC. In the co-CEO role, he stood to make $34.7 million this year, mostly in stock.

Disney Communications Chief Kristina Schake Gets One-Year Contract Extension And Pay Raise Due To “An Increase In Her Responsibilities” - deadline.com - Florida
deadline.com
20.04.2023

Disney Communications Chief Kristina Schake Gets One-Year Contract Extension And Pay Raise Due To “An Increase In Her Responsibilities”

Kristina Schake, who joined Disney a little more than a year ago as EVP and Chief Communications Officer, is getting a pay raise and a contract extension.

Imax CEO Richard Gelfond’s Pay Dropped to $8 Million in 2022 - thewrap.com - China
thewrap.com
14.04.2023

Imax CEO Richard Gelfond’s Pay Dropped to $8 Million in 2022

through 2025. He was given $1.25 million in non-equity incentive plan compensation as opposed to $1.9 million in 2021. The April 14 SEC filing noted that Megan Colligan, who will soon step down as president of Imax Entertainment, earned $3.47 million in 2022 versus $4 million in 2022.

Lionsgate Motion Picture Group Undergoes Layoffs - deadline.com
deadline.com
14.04.2023

Lionsgate Motion Picture Group Undergoes Layoffs

Lionsgate, which continues preparations to separate its studio business from Starz, laid off staffers in its Motion Picture Group today, sources tell Deadline. I hear the number is about a dozen.

Listen to Trump Official Admit to Fox Producer the Georgia Vote Audit was ‘Pretty Darn Close’ to Accurate (Audio) - thewrap.com
thewrap.com
13.04.2023

Listen to Trump Official Admit to Fox Producer the Georgia Vote Audit was ‘Pretty Darn Close’ to Accurate (Audio)

a senior booking producer for Maria Bartiromo, and later head of booking for Tucker Carlson, prior to being fired by the network.Grossberg asked the Trump official if any of the voting machines have been looked at in Georgia.“I’d have to check on that in terms of Georgia, I know during the audit they did check on those machines,” the official said in the recording. “Can just go off the record for one sec here?”Grossberg replied, “Yeah, sure. Of course.

Fox Corp. Seen Withholding Evidence in Run-Up to Dominion Voting Trial - variety.com - state Delaware
variety.com
12.04.2023

Fox Corp. Seen Withholding Evidence in Run-Up to Dominion Voting Trial

Brian Steinberg Senior TV Editor A judge overseeing a much-scrutinized defamation trial brought by Dominion Voting Systems against Fox News and its corporate parent has admonished attorneys for the media company several times this week in preliminary hearings and suggested Wednesday he may appoint an outside monitor to ensure Fox isn’t withholding evidence. Judge Eric M. David of Delaware’s Superior Court suggested Wednesday that he might appoint a special master to probe whether Fox lied about withholding evidence after Dominion attorneys made a presentation about materials not given to them in the discovery process that they believe are warranted. There were also claims made that Fox Corp. declined to acknowledge that Rupert Murdoch, executive chairman of Fox Corp., was also an officer of Fox News — a detail that would affect what kinds of materials Dominion could obtain.

Blake Lively Pulls a Ryan Reynolds in Her New Betty Buzz Ad - www.glamour.com - county Reynolds
glamour.com
11.04.2023

Blake Lively Pulls a Ryan Reynolds in Her New Betty Buzz Ad

did when he got Depressed Peloton Wife in an ad for Aviation Gin, Blake Lively has enlisted another viral micro-celeb in the latest ad for her line of mixers, Betty Buzz. ()In a 40-second spot, we get “expert testimony” about why the fizzy drinks are the best in the game.

Sophia Bush Opened up About a Super Creepy Fan Interaction at a Bar - www.glamour.com - Beyond
glamour.com
05.04.2023

Sophia Bush Opened up About a Super Creepy Fan Interaction at a Bar

star recounted a scary encounter with a “fan” on , the podcast hosted by You star Penn Badgley and his co-hosts Nava Kavelin and Sophie Ansari. They focus on formative adolescent experiences, and Bush's went way beyond an awkward puberty anecdote.While enjoying time with friends at a bar, Bush recounted on the April 5 episode, she noticed a man filming her on his phone. "I'm not a zoo animal," she recalled, per .

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