Every parent knows the cost of school uniform soon mounts up, but Asda is making things a little bit easier. The supermarket has made a big change to its loyalty scheme to help parents cope with the back to school bills.
09.08.2023 - 20:43 / variety.com
Todd Spangler NY Digital Editor Dave Portnoy had said he had bought Barstool Sports, the brash sports and pop-culture media company, for “pennies on the dollar” from Penn Entertainment. In fact, Portnoy paid 100 pennies for Barstool.
That’s after Penn Entertainment paid a total of $550 million to acquire Barstool. “Penn sold 100% of the outstanding shares of Barstool to David Portnoy in exchange for a nominal cash consideration ($1.00 dollar) and certain non-compete and other restrictive covenants,” the company disclosed in its 10-Q filing Wednesday.
Penn has the right to receive 50% of the gross proceeds received by Portnoy in any subsequent sale or other monetization event of Barstool. Portnoy said Tuesday that he will “never” sell Barstool.
Every parent knows the cost of school uniform soon mounts up, but Asda is making things a little bit easier. The supermarket has made a big change to its loyalty scheme to help parents cope with the back to school bills.
Todd Spangler NY Digital Editor Jason Derulo and Alexandra Shipp (“Barbie,” “X-Men: Apocalypse”) will star in “Underwater,” from Interval Presents, Warner Music Group’s in-house podcast network — a neo-noir romantic thriller that will feature new music from Derulo. Primarily set at a high-end island resort, the eight-part series follows Nico (Derulo) and Ana (Shipp), a couple whose deep romantic connection is threatened by lies and deception — both from Nico’s covert mission and the skeletons in Ana’s closet. The first two episodes of “Underwater” will premiere Oct.
Todd Spangler NY Digital Editor YouTube is teaming with MrBeast, the platform’s biggest creator, to push the pricey NFL Sunday Ticket out-of-market games package for the 2023 season. MrBeast (real name: Jimmy Donaldson) on Friday kicked off a characteristically over-the-top challenge for fans. From Aug.
Todd Spangler NY Digital Editor The private-equity firm that owns MindGeek — which operates a massive network of adult entertainment properties, including Pornhub — has shed the company’s old name and, it hopes, some of the baggage that came with it. “The decision to rebrand the company as Aylo comes in response to the need for a fresh start and a renewed commitment to innovation, diverse and inclusive adult content, and trust and safety,” the Montreal-based company said in an Aug.
Following the huge news last week that Barstool Sports founder Dave Portnoy had bought back his controlling stake in the company from Penn Entertainment, Barstool Sports is already making changes on the exec front. Barstool Sports has upped Barstool Sports New York founder Kevin Clancy, aka KFC, to GM of Comedy at the company.
Bobbi Althoff and Drake‘s rumored feud has gone viral recently, and there’s a new rumor circulating that they might have slept together.
Bobbi Althoff is shutting down the rumour mill.
Todd Spangler NY Digital Editor New York City is the latest government entity to prohibit the use of TikTok — the popular video entertainment app owned by China’s ByteDance — on devices owned by the city. The NYC Cyber Command, a division of the city’s Office of Technology & Innovation, said city workers must stop using TikTok effective immediately after the online security team determined that the app “posed a security threat to the city’s technical networks.” “While social media is great at connecting New Yorkers with one another and the city, we have to ensure we are always using these platforms in a secure manner,” a rep for the New York City mayor’s office said in a statement to the Verge, which first reported the ban.
Todd Spangler NY Digital Editor Comedian Chris Gethard, after more than seven years and almost 400 episodes of his “Beautiful Stories From Anonymous People,” has taken the podcast independent. Previously, Gethard’s weekly podcast — also known as “Beautiful/Anonymous” — had been produced with and distributed by SiriusXM’s Earwolf comedy podcast network ever since he launched it in 2016.
Lionel Richie is facing backlash from fans after canceling his sold-out concert at Madison Square Garden in New York City an hour after he was supposed to take the stage. On Saturday, the «All Night Long» singer was booked to perform alongside Earth, Wind & Fire, however, the event was canceled and rescheduled for Aug. 14 after fans had already filled the venue.
Todd Spangler NY Digital Editor Zoom changed its terms of service to say that it won’t use any customer content — at all — in training generative artificial intelligence models. The update, which the videoconference company announced Friday, comes after observers raised the alarm about a recent change in Zoom’s TOS that appeared to grant the company royalty-free rights in perpetuity for customer video calls and presentations for the purposes of training AI models.
Barstool Sports founder Dave Portnoy purchased the site back for $1 yesterday, according to a filing. Portnoy sold Barstool to PENN Entertainment in a two-part sale — the latter transaction having just closed in February of this year — for $551 million. Now, he gets this site back for just $1.
Dave Portnoy is the owner of Barstool Sports again, and the amount of money he spent to acquire the company might shock you.
Todd Spangler NY Digital Editor Dave Portnoy, now 100% owner of Barstool Sports after former parent Penn Entertainment sold it back to him — concurrent with Penn’s major 10-year sports-betting deal with ESPN — has admitted that Barstool isn’t a good fit in the gambling industry. “[W]e underestimated just how tough it is for myself and Barstool to operate in a regulated world, where gambling regulators, the New York Times [and] Business Insider hit pieces, fucking with the stock price every time did something,” Portnoy said in an “emergency press conference” video posted on X (aka Twitter) Tuesday.
Todd Spangler NY Digital Editor Dan Ackerman, editor in chief of tech news site Gizmodo, alleges Apple TV+ film “Tetris” illegally copied from his book on the popular video game, in a lawsuit he filed seeking at least $4.8 million in damages from Apple and others. Ackerman’s “The Tetris Effect: The Game That Hypnotized the World,” published in 2016, is about the game’s origins in the former Soviet Union and the fight for its global licensing rights. The lawsuit touted the book as a “literary masterpiece” and described it as “in the style of Cold War spy thriller.” According to the lawsuit, Ackerman sent a pre-publication copy of the book to the Tetris Co.
ESPN today pushed its chips into the center of the sports gambling table.
Todd Spangler NY Digital Editor Kai Cenat, the Twitch and YouTube streamer, issued a statement Saturday through his group AMP (Any Means Possible) apologizing after a violent mob took over New York’s Union Square Park a day earlier when he urged fans to come to the park, where he said he was planning to give away free PlayStation 5s and gift cards. Thousands of people flocked to Union Square Park after Cenat’s social media posts went viral Friday, and the flash mob became violent and began attacking police and other people in the area with bottles, rocks, other debris and fireworks.
Todd Spangler NY Digital Editor A3 Artists Agency signed Smosh, the long-running YouTube comedy brand, for representation across the board. Smosh was founded in 2005 by childhood friends Anthony Padilla and Ian Hecox. After drifting apart in recent years, in June 2023 the duo bought back majority ownership of Smosh and debuted their first original comedy video together since reuniting as business partners.
Todd Spangler NY Digital Editor Amazon CEO Andy Jassy enthused about the potential of generative AI technology to cut costs and create brand-new user experiences — saying every team in the company is working on multiple projects in the area, including in its entertainment business. On the tech giant’s second-quarter earnings call Thursday, Jassy said, “Inside Amazon, every one of our teams is working on building generative AI applications that reinvent and enhance their customers’ experience.” That includes multiple projects in its entertainment business, AWS, its advertising business and in Amazon’s devices business: “You can just imagine what we’re working on with respect to Alexa there.” Generative AI refers to a type of artificial-intelligence technology that can create new text, images, videos or synthetic data based on massive data sets.
EXCLUSIVE: George A. Romero’s “final zombie movie” Twilight Of The Dead has got fresh impetus with backing from Roundtable Entertainment and a planned late 2023 start date in Puerto Rico.