Alec Baldwin is marking the end of “Rust”. The 65-year-old actor took to Instagram on Monday to celebrate the end of filming on his latest project.
05.05.2023 - 16:53 / variety.com
Todd Spangler NY Digital Editor Struggling media company Vice Media Group is gearing up to file for Chapter 11 bankruptcy protection — and then sell itself to some of its backers for about $400 million, according to a new report. The Brooklyn-based company post-bankruptcy arrangement to sell to investors including Fortress Investment Group and Soros Fund Management would value it at $400 million, the Wall Street Journal reported. That would be less than 10% of its once high-flying $5.7 billion valuation back in 2017. The New York Times last week reported that Vice was prepping a bankruptcy filing. A spokesman for Vice Media declined to comment. Representatives for Fortress and Soros Fund Management did not respond to requests for comment.
Cash-strapped Vice Media has been searching for a buyer over the past year, to no avail. In February, Nancy Dubuc announced her exit after almost five years as CEO in a memo to Vice staff. The company subsequently appointed longtime execs Bruce Dixon and Hozefa Lokhandwala as co-CEOs. Under the proposed sale to “senior lenders,” Fortress “plans to find a role for Vice co-founder Shane Smith,” who is executive chairman and previously served as CEO prior to Dubuc’s hire. The bankruptcy and sale would “wipe out” most of Vice’s other shareholders, including TPG Group and James Murdoch (who invested in the company via his Lupa Systems investment firm), per the Journal report. Vice has been unable to pay many of its vendors and recently secured a $30 million “lifeline” from Fortress, the Journal previously reported. Vice Media Group’s five main business units are: Vice.com, the Vice Studios film and TV production unit; the Vice TV television network; Vice News; and creative agency Virtue.
Alec Baldwin is marking the end of “Rust”. The 65-year-old actor took to Instagram on Monday to celebrate the end of filming on his latest project.
Alec Baldwin is marking the end of . The 65-year-old actor took to Instagram on Monday to celebrate the end of filming on his latest project.In his post, Baldwin shared a photo of his co-stars, Frances Fisher and Patrick Scott McDermott, smiling after finishing up their work.«Last day of filming RUST in Montana,» Baldwin wrote. «Sorry that I did not get to work with this living legend, the great @francesfisher.
to ‘Your Honor,’ Showtime is home to big, premium, sophisticated series which will now be complemented with broad, blockbuster originals and movies in the alignment of Paramount+ with Showtime,” Chris McCarthy, president and CEO of Showtime and MTV Entertainment Studios and Paramount Media Networks, added. “Together, Paramount+ with Showtime will provide our consumers a much more rewarding experience with our vast set of unique originals and deep library of iconic shows and hit films.”Paramount dropping this news a day before Max’s launch is undoubtably a strategic move.
The Gaslight Anthem reformed after a self-imposed seven-year hiatusNow, just one year later, the band is back on the road and once again bringing their hits like “The ’59 Sound,” “45” and “Get Hurt” to adoring fans all over the U.S.and Canada on their North American Tour.That includes shows in Huntington, NY’s The Paramount on May 26 and Lafayette, NY’s Beak and Skiff Apple Orchards on May 27 and a supporting gig for The Misfits at Newark’s Prudential Center on July 8.Plus, the New Jersey natives will headline a trio of festivals as well.The group has fest dates at the Four Chord Music Festival in Washington/Pittsburgh, PA on Aug. 12-13, the Bourbon and Beyond Festival in Lexington, KY on Sept.
TV and radio star Amanda Holden appeared to have fired a shot at Phillip Schofield after he announced that he has officially left This Morning earlier today. After hosting the hit show since 2002, Phillip, 61, announced via a statement to his social media that he was leaving the daytime show with “immediate effect”. Amanda, 52, who is also part of the ITV family being a fellow panellist on Britain’s Got Talent, posted a "cryptic" post to Instagram following Phil’s announcement and fans reckon it is a dig at Phil.
Beyonce and JAY-Z just bought themselves a picturesque view of the Pacific Ocean — and, on a clear day, quite possibly heaven — after reportedly dropping a whopping $200 million for an opulent compound in Malibu.
Beyonce and JAY-Z just bought themselves a picturesque view of the Pacific Ocean — and, on a clear day, quite possibly heaven — after reportedly dropping a whopping $200 million for an opulent compound in Malibu.According to, who first broke the news, the power couple plunked down the small fortune (by their standards, anyway) for the 30,000-square-foot home in an area known to rich folks as Billionaire's Row. The outlet reports the purchase price makes the sale the most expensive real estate ever sold in California, surpassing the previous record of $177 million.For the record, the most expensive piece of real estate ever sold belongs to the state of New York, where someone bought a New York City apartment for $238 million.As for Bey and Jay's new digs, it's a beaut designed by Japanese master architect Tadao Ando, whom the outlet also reports is currently designing Kanye West's house, which is a stone's throw away from Jay and Beyonce.
#SVU? Check out this bonus scene from last night's #SVUxOC crossover season finale pic.twitter.com/GobP4x72I7In the scene, Detective Joe Velasco tells Muncy that he was happy they were able to meet as he helps her pack her belongings in her car. Velasco thanks Muncy for always having his back as the two embrace one another in a hug.
Jessie J is officially a mom!
A Conservative councillor has been suspended from the party less than 24 hours after being elected.
Fans are still reeling from the Vanderpump Rules season 10 finale – and so is Lisa Vanderpump. The Bravo star spoke exclusively to Us Weekly about Ariana Madix’s reaction to how she handled Tom Sandoval’s meltdown about the fallout from his affair with Raquel Leviss and more.
When the party’s over. Billie Eilish and Jesse Rutherford have called it quits after less than one year of dating.
Billie Eilish and The Neighborhood's Jesse Rutherford. ET has confirmed they've broken up after less than a year of dating.«We can confirm Billie and Jesse did split amicably and remain good friends,» their reps told ET in a statement. «All cheating rumors are false.
New research from the Financial Conduct Authority (FCA) suggests that around one in five adults were finding bills and credit commitments a heavy burden by the start of this year. The City regulator found that the number of adults struggling this way is estimated to have increased by 3.1 million since May 2022, rising from around 7.8 million (15%) in May last year to 10.9 million (21%) in January 2023.
disgraced royal told the Daily Mail recently that Andrew is “refusing to budge” from the home and is afraid that Charles could unplug the electric services. “He is so fragile.
Vice Media Group, said on Monday it had filed for Chapter 11 protection to facilitate its sale. The company said in a court filing that it listed both assets and liabilities in the range of $500 million to $1 billion, according to the Reuters news service. The statement also said that the group had agreed to the terms of an asset purchase agreement with a consortium of lenders. These include Fortress Investment Group, Soros Fund Management, and Monroe Capital. The consortium agreed to provide total purchase consideration of approximately $225 million in the form of a credit bid for substantially all of the company’s assets, in addition to the assumption of significant liabilities upon closing, the statement said.
Homes Under the Hammer presenter Martin Roberts has opened up about the time he had "less than a few hours to live" before undergoing surgery.
Liam Payne and his girlfriend Kate Cassidy have called it quits.
It’s over. Liam Payne and Kate Cassidy have split after less than one year of dating, Us Weekly can confirm.
Nine celebrity Instagram accounts have over 300 million followers.