Morgan Stanley Latest Celebrity News & Gossip

EXCLUSIVE: TJ Bernardy And Chris Fioto has been promoted to partner in WME’s Talent Group Deadline has learned.

FuboTV named longtime financial analyst John Janedis its new CFO, as Wall Street talent continues to decamp for industry roles.

Jem Aswad Senior Music EditorOn a day that has been remarkably good for music companies on stock markets, Warner Music Group — which saw its stock climb thanks in part to Universal Music’s lofty IPO — on Tuesday announced the sale of an aggregate of 2,340,000 shares of the company’s common stock by affiliates of Access Industries to Morgan Stanley & Co. as the sole underwriter in the registered public offering of those shares.

Todd Spangler NY Digital EditorAmazon’s two-day 2021 Prime Day event yielded about $6.8 billion in revenue, although nearly half of that came from third-party merchants, according to Morgan Stanley estimates.Amazon, as is its usual custom, is not disclosing dollar sales figures for Prime Day, which ran over a 48-hour period June 21-22.The ecommerce giant said Prime Day 2021 was the biggest two-day period ever for Amazon’s third-party sellers, “growing even more than Amazon’s retail business.”

Todd Spangler NY Digital EditorNetflix’s multibillion-dollar content spending continues paying off: The lion’s share of U.S. consumers say the streamer has the best original programming, according to a new Morgan Stanley survey.Netflix remains the most frequently cited as offering the best original programming — with 38% of survey respondents picking it as No.

About 80,000 New York City employees will return to their offices on May 3, in a move Mayor Bill De Blasio called a “powerful message” about the city’s post-Covid-19 comeback.

ViacomCBS said Monday it’s looking to raise $3 billion with two concurrent stock offerings and plans to use the combined net proceeds for general corporate purposes, including investments in streaming, following the recent launch of Paramount+.

holidays abroad could be ‘at risk’ this year due to the coronavirus pandemic, a leading bank has warned. Morgan Stanley has said that there are reasons to be concerned about international trips amid a rising number of cases and a slow vaccine rollout across Europe.Emerging and more transmissible strains of the virus could also result in lockdown measures being imposed for longer on the continent.

WarnerMedia CEO Jason Kilar expects the upcoming launch of the cheaper, ad-supported version of streaming service HBO Max to unlock new value and boost subscriptions.

After NBCUniversal streaming service Peacock surpassed 33 million signups, Comcast CEO and chairman Brian Roberts touted post-launch growth prospects during an appearance at an investors conference on Wednesday. "Peacock had a fantastic launch.

Charter Communications CEO Tom Rutledge sees the pay-TV bundle continuing to shrink because it has been “priced out of the market” during the streaming era. But video will remain a key part of the company’s strategy.

Also Read: Did Paramount Just Put a Nail in the 90-Day Theatrical Window?“If you look at the curve, the degradations on most film titles, they do very list business on post-Day 30 and certainly post-Day 45,” Bakish, who was the morning’s keynote speaker at the (virtual) 2021 Morgan Stanley’s Technology, Media and Telecommunications Conference, continued.

Disney CEO Bob Chapek said Monday that despite how rotten it was to have theme parks closed for so long, the forced downtime was also an opportunity to tinker with technology and data to reopen better than before, for both guests and for shareholders.

Metallica have signed up to an investment fund to purchase acts’ music.The metal legends have teamed up with former Morgan Stanley investment banker Paul Donahue and others for the Worldwired IP Fund; an acquisition venture that will look to buy other intellectual property forms besides just music.The Worldwired IP Fund, which cribs its name from Metallica’s recent world tours, starts with assets between $300-$500 million (£237.9m -£396.5m), according to Variety.

Metallica and longtime co-manager Cliff Burnstein are among the parties involved in an intellectual-property acquisition venture that is being headed up by former longtime Morgan Stanley investment banker Paul Donahue, two sources close to the situation confirm to Variety.The source emphasized that the venture, which is called Worldwired Music IP Fund and will have resources in the $300-$500 million range, is not being led by the group or Burnstein — even though Worldwired is the name of the

Spotify is getting great reviews on Wall Street, even though analysts don’t agree on the company’s value. Leading firms Guggenheim Partners and Morgan Stanley have nearly a $10 billion difference between their valuations, with Guggenheim claiming the company is worth $41.5 billion and Morgan Stanley saying $51.1 billion.

Dade Hayes Finance EditorA confluence of factors makes now the time for Disney and ESPN to migrate sports broadcasting into the direct-to-consumer streaming world, according to a veteran media analyst.Ben Swinburne of Morgan Stanley wrote in a note to clients Wednesday that Disney, thanks to the scale of ABC and ESPN, its early streaming success with Disney+ and its control of Hulu, “may be uniquely positioned to take the leap.” He reaffirmed his “overweight” rating on Disney’s stock, raising

Investors eyeing media stocks battered during the coronavirus pandemic from a TV ad recession and cord-cutting should tune into the streaming opportunities of TV networks for potential earnings growth, Morgan Stanley analyst Benjamin Swinburne argued Tuesday.

By Mike Fleming Jr

Morgan Stanley analyst Benjamin Swinburne on Wednesday dropped his price target for shares in The Walt Disney Company after the theme park giant said Disneyland and Walt Disney World will remain closed indefinitely.

WarnerMedia owner AT&T is canceling planned stock buybacks to maintain its financial flexibility amid the coronavirus pandemic. The telecommunications giant, led by chairman and CEO Randall Stephenson, earlier this month unveiled an accelerated share repurchase agreement with Morgan Stanley to buy back $4 billion of its stock during the second quarter.

ViacomCBS is preparing to sell its publishing unit, Simon & Schuster, as the company re-evaluates all its assets in a fast-changing business landscape.

On Feb. 6, in a move that took both Wall Street and the music business by surprise, Warner Music Group filed plans to make a public stock offering underwritten by Morgan Stanley, Credit Suisse and Goldman Sachs. The news came just over a month after WMG competitor Universal Music Group (UMG) finalized plans to sell 10% of its equity to a group led by Tencent Holdings, in a deal that valued the music company at $33.6 billion. WMG

With Warner Music Group's announcement Thursday of plans to go public with an upcoming IPO, now begins a waiting game to see how much of the company will be sold and how the shares will be priced, determining the company's overall valuation.

With Warner Music Group's announcement Thursday of plans to go public with an upcoming IPO, now begins a waiting game to see how much of the company will be sold and how the shares will be priced, determining the company's overall valuation.

Warner Music Group on Thursday announced that it has submitted paperwork to begin an initial public offering of its common stock.The number of shares of common stock to be offered and the price range for the proposed offering have not yet been determined. Morgan Stanley, Credit Suisse and Goldman Sachs & Co.

Warner Music Group announced on Thursday (Feb. 6) that it has submitted paperwork to begin an initial public offering of its common stock.

The sale process around Univision Communications is set to accelerate as final bids for the Spanish-language broadcaster are believed to be due by the end of next week.