BLACKPINK‘s status continues to be unknown.
01.11.2023 - 20:49 / variety.com
Todd Spangler NY Digital Editor Disney is on the cusp of becoming the 100% owner of Hulu. The media conglomerate announced that it expects to pay $8.61 billion to Comcast to acquire the cable operator’s 33% stake in Hulu following Comcast’s Nov. 1 exercise of its right under the put/call arrangement between the two companies.
“The acquisition of Comcast’s stake in Hulu at fair market value will further Disney’s streaming objectives,” Disney said in a statement Wednesday. Under the terms of the sale arrangement, by Dec. 1, Disney said, it anticipates it will pay Comcast approximately $8.61 billion, representing NBCUniversal’s one-third stake of the $27.5 billion guaranteed floor value for Hulu that was set when the companies entered into their agreement in 2019 minus the anticipated outstanding capital call contributions payable by NBCU to Disney of approximately $567 million.
However, $8.61 billion might not be what Disney ultimately pays for the Comcast/NBCU stake in Hulu. Hulu’s equity fair value was assessed as of Sept. 30, 2023, by bankers on both sides in accordance with the parties’ agreed appraisal process.
“If the equity fair value is finally determined to be greater than the guaranteed floor value, Disney will pay NBCU an amount equal to NBCU’s equity ownership percentage of the equity fair value net of the guaranteed purchase price within 45 days of such final determination,” Disney said in a filing with the SEC. Disney will share with NBCU 50% of Disney’s estimated U.S. tax savings resulting from the acquisition of the Hulu stake, with payments expected to be made primarily over a 15-year period.
BLACKPINK‘s status continues to be unknown.
told The Sun Saturday that he wants to meet with critically acclaimed director Darren Aronofsky, who will helm and produce a film about the life of the world’s richest man.The movie will be based on Walter Isaacson’s biography, which did not treat Errol Musk particularly kindly. He has expressed his disapproval of the book since its September publishing, believing he was portrayed as a villain in his eldest son’s life.
Todd Spangler NY Digital Editor YouTube has updated its monetization policy for adult content in two areas: Creators are now eligible to receive ad revenue from videos that feature “non-sexually graphic dance, such as twerking,” as well as content related to breastfeeding. In a notice posted Thursday, the video platform said certain content showcasing “sensual dancing” is now allowable under its advertiser-friendly content guidelines.
Todd Spangler NY Digital Editor Kelly Rizzo, TV personality and entrepreneur who is the wife of the late Bob Saget, is launching “Comfort Food,” a new weekly podcast in which she hosts intimate conversations with guests about life, love and loss — while tucking into emotionally comforting food. In January 2022, Saget died at a Florida hotel at the age of 65. The comedian, known for his starring role on “Full House,” had just kicked off a new comedy tour.
Todd Spangler NY Digital Editor Is it real — or is it YouTube‘s robot singer copying a pop star’s vocal stylings? YouTube announced new AI music experiments it has been developing with Google’s DeepMind artificial intelligence lab. The most interesting (and possibly most disorienting) of YouTube’s AI tests is Dream Track in YouTube Shorts.
The Hunger Games headlines the big cinema releases of the week with a new prequel instalment.Adapted from the books by Suzanne Collins, the film series gave Jennifer Lawrence her breakout role as Katniss Everdeen across four films – ending with 2015’s The Hunger Games: Mockingjay – Part 2.A fifth entry hopes to spark the same YA zeitgeist once more, bringing back series director Francis Lawrence alongside a fresh-faced cast. For those who’d prefer to volunteer as tribute for literally anything else, there’s some other standouts hitting the big screen this week.The Hunger Games: The Ballad Of Songbirds & Snakes – November 17Set 64 years prior to the first film, this prequel depicts the events that lead Coriolanus Snow (originally played by Donald Sutherland) to become the tyrannical leader of Panem.
Friends actor donated a generous amount of money to his Parkinson’s charity.The actor, who is best known for starring in the Back To The Future franchise films, revealed in a new interview that Perry once gave a hefty sum at a benefit event for the Michael J. Fox Foundation for Parkinson’s Research.Fox, who founded the charity in 2000, two years after announcing that he’d already been dealing with the disease for several years, told Entertainment Tonight about the star’s kindness – and how the actor made the donation quietly.“I hope this isn’t indiscreet, but when the [Friends cast] first made their big sale and were made millionaires for the rest of their lives, he wrote a big fat check to the foundation,” Fox said.“We were really early on and trying to find our feet, and it was such a vote of confidence.”“And it wasn’t accompanied by any self-aggrandising or anything,” Fox added.
Big Bang rapper G-Dragon has given his first interview since he was booked by South Korean police on drug charges, reiterating his denial of the allegations and rubbishing new claims that he had shaved his body to ‘tamper with evidence’.The new interview was conducted by South Korean news network Yonhap News TV in a live broadcast on national television yesterday evening (November 13). When asked by a Yonhap representative if he had taken any drugs, the singer continued to firmly deny the claims.
Former Spice Girl Melanie Chisholm, better known as Mel C or Sporty Spice, captured the crowd’s attention on Stakes Day in a casual yet visually striking ensemble.The 49-year-old pop star showed off her toned physique at Flemington Racecourse on Saturday, donning a form-fitting pastel mini dress paired with white sneakers.Ms. Chisholm was revealed in September to be headlining the event, performing at the Cup’s festival-inspired Palooza main stage.However, not all feedback on the casual race day outfit was positive.Instagram users have slammed Ms.
Todd Spangler NY Digital Editor Disney, which is in the home stretch of swinging the deal to become the full owner of Hulu, will launch a beta test of an app next month that combines Disney+ and Hulu into a single experience, CEO Bob Iger said. Disney still needs to close its deal with Comcast to buy out NBCUniversal’s 33% stake in Hulu. In a filing last week, Disney said it would pay at least $8.61 billion to Comcast for the Hulu stake, with the final price tag — which could be much higher — to be based on an assessment of Hulu’s market value by each parties’ bankers.
More than seven million households have received the £300 Cost of Living Payment after eight days, the Department for Work and Pensions has said. It means a total of £2.2bn has been paid out by the government department to eligible households.
Todd Spangler NY Digital Editor All eight seasons of “House,” the popular medical dramedy starring Hugh Laurie as the sardonic and brilliant chief of diagnostic medicine at Princeton-Plainsboro Teaching Hospital, are landing on Hulu this week. All 177 episodes of “House” will premiere on Hulu on Tuesday, Nov. 7.
Todd Spangler NY Digital Editor Disney has recruited Hugh Johnston, a 34-year veteran of PepsiCo, as chief financial officer. He steps into the role left vacant after former CFO Christine McCarthy’s exit from the Mouse House was announced earlier this year. Johnston assumes the Disney CFO job effective Dec.
Although the idea of creating your dream home can sound very appealing, home renovations are not to be taken lightly. As well as the amount of time, money and patience it takes, you can often come across unexpected problems that you cannot prepare for.
Singer Olly Murs and his stunning wife, Amelia Tank, have been couple goals for years now, even tying the knot on July 14 in a lavish three-day ceremony in Essex. Amelia is a fitness model and a former bodybuilder from Plymouth.The fitness fanatic, aged 30, loves to show off her physique to her 85 thousand Instagram followers.
Helen Flanagan has shared her 'struggle' amid co-parenting after her daughter revealed she was going on a date with a 'hot guy'. The actress and her fiance Scott Sinclair split last July after 13 years together.
Todd Spangler NY Digital Editor Apparently, totaling a super-expensive luxury car can get you noticed in Hollywood. Cody Detwiler, the YouTube creator behind automotive DIY, stunts and vlog channel WhistlinDiesel, has signed with CAA. Detwiler, alongside partner Matt McGuire, will next focus on expanding Nashville, Tenn.-based WhistlinDiesel into new genres, premium content, consumer products and other areas, according to CAA.
Disney is going all in for Hulu.
Todd Spangler NY Digital Editor Roku shares rose after the streaming-platform company beat Wall Street expectations for the third quarter of 2023 on the top line. But in providing forward-looking guidance, Roku told investors that the macroeconomic environment remains “uncertain.” The company reported Q3 revenue of $912 million, up 20%, and a net loss of $330 million (or $2.33 per share) — more than double the net loss of $122 million in the year-ago period.
Reuters.Last Thursday, in a 5-4 ruling, the court said that allowing same-sex relations between individuals could undermine military discipline and impede readiness — arguments that have been used in other countries, including the United States, to justify banning LGBTQ individuals from serving.LGBTQ activists had urged the court to overturn an “outdated and bad” law following a Supreme Court decision last year that overturned a military court’s conviction of two soldiers for a consensual same-sex relationship.The two defendants — an army lieutenant and sergeant from different units — had been charged by military prosecutors for having sex during off-duty hours at an off-base residence in 2016.Both were among nine soldiers indicted in a crackdown against gay soldiers in 2017.