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HomeBusiness News

Business News

TV/Film

Actors Prepare To Strike As SAG-AFTRA Extends Current Contract With AMPTP To July 12

The Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) has agreed to extend the 2020 television and theatrical contracts with the Alliance of Motion Picture and Television Producers (AMPTP) for 12 days. The current arrangement will expire […]

Business News

Conversations Surrounding Tyler Perry Acquisition Of BET from Paramount Global Remain Unconfirmed

Several news reports alleged that Tyler Perry acquired BET from Paramount Global in mid-June.  Although reliable sources admitted in previous months that the media mogul expressed interest, the actual details of a purchase have not been […]

Business News

Dick Clark Productions And Eldridge Acquires Golden Globes, Makes It A Commercial Enterprise, And Terminates HFPA

Dick Clark Productions and Eldridge, an asset management company, has acquired all relative properties from the Hollywood Foreign Press Association (HFPA), including the annual ceremony, the Golden Globes, just when the HFPA came under fire […]

Business News

Disney Plans Transition Of ESPN To Standalone Streaming Service

Disney’s ESPN is pivoting to a standalone streaming service, according to The Wall Street Journal.  The sports channel will continue to be available on conventional cable, however the bold move signals a major transition to streamers.   […]

Business News

Vice Media Files For Bankruptcy Ahead Of Sale To Lenders

Vice Media Group has filed bankruptcy in preparation of sale to a consortium of lenders.  The digital media company that once held a valuation of $5.7B filed Chapter 11 at the U.S. Bankruptcy Court for the […]

Business News

Hollywood On Pause: Writers Strike Against “Gig Economy” Treatment, Threat Of AI Technology, And Unfair Streaming Services Model

The Writers Guild of America (WGA) is taking a stand and demanding fair pay after contract negotiations failed with the Alliance of Motion Picture and Television Producers (AMPTP) over the past few weeks. As a […]

Business News

Nicki Minaj Launches Very Own Record Label, Signs Nana Fofie, London Hill, Tate Kobang, And Rico Danna

Nicki Minaj is stepping into her next calling.  The highly-decorated rapper and mother of one announced during her Queens Radio show that she will be launching her very own record label. Minaj brings onboard Patty Lauren, […]

Business News

California Follows New York As Top State To Experience Record Population Decline Between 2020 And 2022

The blimp in time that took two years of life as we knew it also ushered a mass exodus from the state of California.  Between 2020 and 2022, U.S. Census data records show that a total […]

Business News

Louis Vuitton Selects Pharrell Williams As Successor Of Late Virgil Abloh

Pharrell Williams is named head of artistic direction for designer label Louis Vuitton, a position that was previously held by the late Virgil Abloh.  LVMH made the announcement of the super producer’s new role early on […]

Music

Beyonce Announces Renaissance World Tour With 40-Plus Dates

Beyonce is giving entertainer of the year and it’s barely February!  On the heels of her viral Dubai performance, the music royal announced a highly demanded 41-date world tour — maybe it’s a coincidence, but the […]

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