Kanye West is sharing what divorce "feels like" in a new Instagram post shortly after a judge approved Kim Kardashian's request to become single. West shared an image Friday on Instagram that likened divorce to "full blown Covid," "walking on glass," "suffocating" and being shot but "traffic is slow." It's not clear if the words on the image were written by West, and many commenting on the post had hoped the post was announcing new tour dates. A representative for West did not immediately respond to Fox News Digital's request for comment.
ViacomCBS Shares Tumble 20% Morning After Paramount Rebrand, Streaming Outlook
16.02.2022 - 18:19 / deadline.com
Shares of ViacomCBS are down more than 20% in early trading as Wall Street digests the company’s streaming strategy, outlook and financials announced after the market closed Tuesday, and clearly has some issues.
The company, which is changing its name to Paramount, has its supporters. Guggenheim reiterated a ‘buy’ rating but lowered its 12-month price target to $40 from our prior $53 based on a sum of the parts valuation that separates the streaming and traditional media business. BoFA cut its rating to ‘neutral’ on risk (with a price target of $39). The stock is changing hands at about $30, approaching its $52-week low after forecasting subscriber and revenue growth, but also steep content spending and operating losses at its ramped up DTC business over the next few years.
Chair Shari Redstone, CEO Bob Bakish and the company’s key operating execs previewed a raft of new content (from the first Sonic the Hedgehog original live action series to Teen Wolf from MTV Entertainment Studios and MGM’s Orion Television) and took questions from Wall Street in a virtual investor day almost a year after the launch of Paramount+ in March of 2021. The company like its rivals is making a major pivot to streaming.
“Despite the big announcement of ViacomCBS changing its name… we are left with a similar question as we had last year: will the company be able to grow EBITDA and FCF again to match prior levels? In short, unfortunately, we still did not learn anything to help us believe the answer will be yes, at least for the foreseeable future,” said MoffettNathanson. (Ebitda is earnings before interest, taxes, depreciation and amortization; FCF is free cash flow).
The firm said it gets how the Paramount+ breadth of content — sports, kids,
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who.com.au
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Irena Srbinovska shares the reality of life after The Bachelor Australia
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msn.com
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ok.co.uk
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ok.co.uk
01.03.2022 / 13:59
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manchestereveningnews.co.uk
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Stacey Solomon praised for sharing 'real' bikini body snap after feeling 'insecure'
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ok.co.uk
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ok.co.uk
24.02.2022 / 17:07
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etonline.com
23.02.2022 / 22:01
Patrick J. Adams Shares Meghan Markle's Reaction After Seeing Him Naked on Stage (Exclusive)
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ok.co.uk
19.02.2022 / 18:51
I'm A Celeb's Ian Wright shares snap of smashed car after crash and urges fans to 'be careful'
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thewrap.com
17.02.2022 / 03:21
ViacomCBS Stock Plummets 18% After Paramount Rebrand, Analyst Downgrade
Star Trek” and “Sonic” fans excited with the news from its investor day on Tuesday, but Wall Street was not impressed as the company’s stock took a big hit on Wednesday, taking AMC Networks down with it. At opening, ViacomCBS — which is soon to rebrand itself as Paramount — saw its stock drop nearly 18% to $29.58 per share, while AMC Networks fell 15% at around $37.95 per share.