DIRS.INFO The most relevant business & tech news

☆ Under Armour was a real threat to Nike. Now it’s fighting to stay relevant
▼ + stars: | 2024-05-18 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +10 min

It was the upstart athletic brand that was making real inroads against Nike, the dominant name in the industry. People saw it as a company that actually could break through and take market share from Nike among the hardcore athletes,” Swartz said. String of controversiesThe period from 2016 onward is when “things really started to fall apart” at Under Armour, Swartz said. A bulk of Under Armour products are sold through sporting goods retailers and department stores, including Macy’s and Kohl’s, and online. The basketball superstar Curry, arguably the best shooter in history, famously signed with Under Armour instead of Nike in 2013.

Persons: Armour, Stephen Curry, Jordan Spieth, Kevin Plank, Howard Schultz’s, Bob Iger’s, Plank, ”, David Swartz, Morningstar, ” Swartz, Justin Sullivan, Tommy Gilligan, ” Plank, Swartz, “, —, Stephanie Linnartz, ” Schwartz, Andrew Kelly, Merrell, Zak Stambor, Stambor, Plank’s, Noel Celis, Eric Smallwood, Dwayne Johnson, Johnson, ” Smallwood, Smallwood, Curry, Joel Embiid, Embiid, Skechers, Caitlin Clark Organizations: New, New York CNN, Nike, Starbucks, Disney, CNN, Sports, North, Maryland Terrapins, Southern Methodist Mustangs, Capital, Maryland, Reuters, —, Armour, Sports Authority, Sporting Goods, UCLA, US Securities and Exchange Commission, Footwear News, Adidas, NBA Golden State Warriors, UA Curry II, Getty, Apex Marketing, United Football League, NBA, WNBA Locations: New York, San Rafael , California, North America, College Park , Maryland, Manhattan , New York, Petaluma , California, Manila, AFP

☆ Glen Powell's parents have always been this extra
▼ + stars: | 2024-05-18 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +6 min

AdvertisementCut to: His parents, Cyndy and Glen Sr., crashing the red carpet and trolling him with big cardboard signs. "STOP TRYING TO MAKE GLEN POWELL HAPPEN," his mom's sign reads, while his dad holds one reading, "IT'S NEVER GONNA HAPPEN" to her left. Advertisement"I don't read tweets but my parents read tweets — so if you're talking sh-t, know that my parents are reading those tweets," he joked. "Even though they troll me, they support me in every way," Powell told ET. I have a huge, rowdy, Texas crew who gets me in all the right kinds of trouble," Powell told Nylon in a 2014 interview.

Persons: —, Glen Powell, Powell, Richard Linklater's, Glen, POWELL, IT'S, Nicola Gell, he's, who've, Chad Radwell, Ryan Murphy, goofiness, Cyndy, Lauren Powell Whatton, Leslie, She's, Glen Sr, Powell's, aren't, — they're, Jimmy Fallon, Jack, Bobby, Marge, Linklater, Will Ferrell's, Buddy, it's Powell, Richard Linklater, Michael Loccisano, Lauren, Witt, Gwen, Sydney Sweeney, Nylon, I'm Organizations: Service, Netflix, Business, Paramount Theatre, Texas Film Hall of Fame, Hollywood, Getty, Entertainment, New York City, SAG, New York Film, Taronga Locations: Austin, Los Angeles, New York, Australia, Texas

☆ Media giants lean on sports as Hollywood strikes still loom over content slates
▼ + stars: | 2024-05-18 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +2 min

Media giants relied on sports last year when they had to woo advertisers during the Upfronts meeting week at a time when a Hollywood strike and cost cutting bit into their content and star power. This year, while stars once again graced the stages following the end of the strikes, the presentations still leaned more on sports than scripted shows. The hangover from last year's work pause meant some media companies had fewer series and movies to highlight during their presentations. He noted two key issues for the traditional media companies: the decline of traditional TV and the increasing fees companies have to pay to air live sports. "If you're going to maintain a reduced level of content spending, by definition, that means your entertainment programming has to be reduced," Rogers said.

Persons: Brock Purdy, Tom Rogers, Rogers Organizations: San Francisco 49ers, Kansas City Chiefs0, Las Vegas , Nevada . Media, Hollywood, Disney, Warner Bros, Oorbit Gaming, Entertainment, NBC Cable Locations: Las Vegas , Nevada

☆ Diddy tape puts renewed focus on the women in his life
▼ + stars: | 2024-05-18 | by ( Lisa Respers France | ) edition.cnn.com time to read: +6 min

Misa HyltonMisa Hylton-Brim, Justin Dior Combs and Sean "Diddy" Combs are seen in 2010. Kim PorterKim Porter and Sean "Diddy" Combs appear with their twin daughters D'Lila Star Combs and Jessie James Combs in 2007. Lopez and Combs split in 2001, and two years later she told Vibe magazine infidelity played a role in their breakup. Caresha “Yung Miami” BrownleeYung Miami and Sean Combs are seen in 2023. Dana TranTran, a cybersecurity specialist, is the mother of Combs’ youngest child, a daughter named Love Sean Combs.

Persons: Sean “ Diddy ” Combs, Cassie Ventura, Janice Combs, Ventura, Combs, Misa Hylton Misa Hylton, Justin Dior Combs, Sean, Diddy, Chance Yeh, Patrick McMullan, ”, Sean Combs, “, Andre Harrell, ” She’s, Lil Kim, Mary J, Blige, Hylton, Justin, Kim Porter Kim Porter, Star Combs, Jessie James Combs, Mat Szwajkos, Quincy Brown, Al B, Porter, Christian, Jessie, Sarah Chapman, I’ve, Kim, Jennifer Lopez Sean Combs, Jennifer Lopez, Ethan Miller, Caesars Entertainment Lopez, Anthony “ Wolf ” Jones, Shyne Barrow, Lopez, Jones, Sarah Chapman Sean Combs, Earl Gibson III, Chapman, Chance, Chance Combs, Laverne Cox, “ Yung Miami ” Brownlee Yung Miami, Angela Weiss, Brownlee, Yung, ” Combs, Dana Tran Tran, Love Sean Combs, Tran Organizations: CNN, Billboard, Uptown Records, Boy Records, CP Porter, Los Angeles County Coroner’s, Las, Caesars Entertainment, Club New, Vibe, Getty, City Locations: Hylton, Atlanta, Los Angeles County, Las Vegas, Club New York, Manhattan, Yung Miami

☆ A millennial CEO launched a fully remote tech company. He says hybrid work is the worst of both worlds.
▼ + stars: | 2024-05-18 | by ( Tim Paradis | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. "The point of it was to be silly and to put people in different environments and situations where they could create new networks and pathways to people in the company," Pitt said. 'It's easy to look busy'Another way the company tackles remote work for an employee base spread around the world is to cluster some functions. Rather than dwelling on where workers work, a big focus is on developing trust, Pitt said. AdvertisementAnd, Pitt said, if workers care about the mission, it doesn't matter whether they work in an office or from afar.

Persons: —, Keith Pitt, Pitt, zaniness, hybrid's, Buildkite Pitt, Slack, Buildkite, I'm Organizations: Service, Business, Buildkite, Pitt, IRL, Workers Locations: Buildkite, Perth, Australia

☆ Hall of Famer Dwyane Wade wants to 'maximize each day' of his post-NBA career
▼ + stars: | 2024-05-18 | by ( Nicolas Vega | ) www.cnbc.com time to read: +1 min

When Dwyane Wade retired from the NBA in 2019 following a glittering 16-season career, he had spent more than half his life playing basketball. But to hear the now 42-year-old tell it, basketball was just "a moment" that happened to last more than 20 years. "It lasted for a lot of years, but that moment has passed and I'm on to the next one," Wade tells CNBC Make It. Now the Hall of Famer, who spoke to CNBC Make It while promoting a partnership with Google Workspace, is embracing his current moment. "I have to learn how to put the work in on this side to be a great entrepreneur, a great businessman, a great community leader.

Persons: Dwyane Wade, Wade Organizations: NBA, CNBC, of Famer, Google

☆ Meme stocks and more: Analyst names 'danger zone' companies to avoid
▼ + stars: | 2024-05-17 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Meme stocks are in the spotlight this week. These so-called meme stocks, which gained popularity through social media platforms like Reddit and X (formerly known as Twitter), have attracted retail investors looking to make a quick profit. Future of meme stocks One analyst, who has previously been bearish on GameStop and tech stocks, said that while fundamentals for the stock have improved, GameStop is still in the "danger zone." 'Danger zone' stocks Here are some other stocks Trainer says is in his "danger zone" list, which also includes his "zombie stocks." He cited its "continuing deterioration" of its fundamentals, including its "unsustainable" expenses and steady cash burn.

Persons: David, Trainer, DoorDash's, Yun Li Organizations: GameStop, AMC, CNBC Pro, AMC Entertainment Holdings, Tilray

We'll show you how to watch the Bruins vs. Panthers Game 6, including cable and live streaming options. The Bruins vs. Toronto Maple Leafs Round 1 match-up made it to Game 7, where the Bruins narrowly knocked out the Maple Leafs. Whether you're rooting for the Panthers or the Bruins, we'll show you how to watch the game live. Where to watch Bruins vs. Panthers in the USThe Bruins vs. Panthers game will air on TNT and truTV on Friday, May 17, at 7 p.m. Shop at SlingHow to watch Bruins vs. Panthers from anywhereFor those who might be traveling outside the US for the game, you can try keeping up with your subscriptions using a VPN.

Persons: we'll, Max, HBO Max, it's, They're, ExpressVPN Organizations: Business, Boston Bruins, Florida Panthers, Bruins, Panthers, Atlantic Division, Tampa Bay Lightning, Toronto Maple Leafs, Maple Leafs, US, TNT, TBS, HBO, Warner Bros, Sling, Sling Orange, ESPN

☆ D1 Capital hikes its bet on this entertainment stock by more than 400%, shifts Big Tech holdings
▼ + stars: | 2024-05-17 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Dan Sundheim's D1 Capital Partners raised its stake by more than 400% in a live entertainment stock during the first quarter, while reallocating funds across major technology winners. Keeping with the entertainment theme, Sundheim also opened a fresh $151 million position in music streamer Spotify Technology . Meta was the firm's fourth-largest position, totaling $382 million at the end of the period, despite a 37% cut. The hedge fund amassed a fresh $218 million stake in Pfizer during the period, making it the firm's 10 largest holding. D1 Capital also opened a position in UnitedHealth , while trimming Elevance Health and diabetes and medical device maker Insulet .

Persons: Dan Sundheim's, Sundheim, Meta, Philip Morris Organizations: Capital Partners, Entertainment, Spotify, Big Tech, Microsoft, Meta, Philip Morris International, Pfizer, D1, GE Vernova, Royal, Mastercard, Visa Locations: UnitedHealth, Royal Caribbean

☆ Does a Smash Hit Like ‘Lion King’ Deserve a $3 Million Tax Break?
▼ + stars: | 2024-05-17 | by ( Jay Root | Michael Paulson | ) www.nytimes.com time to read: 1 min

There is no greater success story on Broadway than “The Lion King.” It is reliably among the top-grossing stage shows in New York, where it has brought in nearly $2 billion over its 26-year run; its global total is five times that amount. The musical’s producer is the theatrical division of the Walt Disney Company, an entertainment industry behemoth that earned $89 billion in revenue during its last fiscal year. And yet, the show was one of roughly four dozen productions that have received millions of dollars in assistance from New York State under a program designed to help a pandemic-hobbled theater industry in New York City. Over the three years since the program was established, New York State has bestowed over $100 million on commercial Broadway productions.

Organizations: Walt Disney Company, New York, New York State Locations: New York, New, New York State, New York City

Sony Pictures Entertainment and Apollo Global Management have taken a significant step forward in their effort to court Paramount, three people familiar with the matter said on Friday. Paramount previously shared materials with another suitor, the Hollywood studio Skydance. Early this month, Sony and Apollo sent Paramount a nonbinding expression of interest in acquiring the company for $26 billion. But Sony’s shareholders have fretted over the possible acquisition, given the potential cost of a bid for Paramount and the headwinds facing the subscription streaming business. Sony and Apollo are now contemplating a variety of approaches to acquire the company’s assets, but are backing away from their plan to make an all-cash, $26 billion offer for Paramount, two of the people said.

Organizations: Sony Pictures Entertainment, Apollo Global Management, Paramount, Hollywood, Sony, Apollo, CBS, MTV

☆ Taking Games Abroad Won’t Save Your League. Better Title Races Might.
▼ + stars: | 2024-05-17 | by ( Rory Smith | ) www.nytimes.com time to read: +1 min

There is an irony at the heart of the sports-as-entertainment business that most television executives would acknowledge but very few would ever publicly admit. It starts with a network’s committing billions of dollars for the rights to show the competition, and it builds from there. That can be doubled, at least, for a game on foreign soil, once hotels are reserved, equipment transported and flights booked. And then, of course, there is what is still called — though not always that accurately — the talent. A huge amount of time, thought and money goes into those segments: the fevered buildup, the halftime fat-chewing, the postgame bone picking.

Organizations: Broadcasting

☆ Bollywood and Indian politics: Influence of Modi and BJP on world’s largest film industry
▼ + stars: | 2024-05-17 | by ( Jessie Yeung | Rhea Mogul | ) edition.cnn.com time to read: +16 min

And most of these are Hindi films, meaning Bollywood holds an outsized influence on the country’s culture, identity and economy. A screengrab from the 2022 Bollywood film "The Kashmir Files." CNN reached out to several people from the film industry for this story, some of whom declined to be interviewed due to sensitivities around the topic. It encouraged some Bollywood filmmakers to “(lean) into the caricature of the Muslim villain,” he says. These films are growing fast; outside Bollywood, earnings from the South Indian media and entertainment industry have nearly doubled year on year, according to a 2023 report by the Confederation of Indian Industry.

Persons: India’s, Narendra Modi, Indranil Mukherjee, ”, Raja Sen, “ It’s, Modi, Tanul Thakur, …, Veer Savarkar, –, ” Adah Sharma, Pandits, Vivek Agnihotri, ” Sudipto Sen, Debashree Mukherjee, it’s, Thakur, Sen, Darab Farooqui, Sonu Mehta, Farooqui, “, she’s, Aamir Khan, ” Farooqui, Jawaharlal Nehru, Mukherjee, Yash Chopra, ” That’s, ” Thakur, ” Sen, “ We’ve, ’, Dharmendra, Noemi Cassanelli, “ Something’s Organizations: India CNN —, Bharatiya Janata Party, BJP, Observers, Hollywood, Republican, Modi’s, Getty, CNN, Ministry of Culture, of, Netflix, Columbia, Social Democratic Party of India, Hindustan Times, Columbia University, Journalists, Confederation of Indian Industry Locations: Mumbai, India, Kerala, Kashmir, Jammu, Columbia University’s, Middle Eastern, South, Jaipur, New Delhi, Pakistan, United States, Tamil Nadu

☆ Sean 'Diddy' Combs is seen assaulting Cassie in newly uncovered footage. Here's a timeline of the mounting sexual misconduct allegations against him.
▼ + stars: | 2024-05-17 | by ( Ayomikun Adekaiyero | Hannah Getahun | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +2 min

December 6, 2023: A woman accuses Combs and 2 other men of raping her when she was 17. A photo of Sean "Diddy" Combs and "Jane Doe" included in the lawsuit. The lawsuit said Pierre flew the women to Combs' studio in New York, where they gave her drugs and alcohol until she was too inebriated to consent. The suit also included photos of the accuser, with her face blurred, in the New York studio. On February 20, 2024, Rolling Stone reported that Combs, Pierre, and Combs' company, Bad Boy Entertainment, filed a response to the lawsuit.

Persons: Combs, Sean, Diddy, Jane Doe, Wigdor, Harve Pierre, Pierre, Doe, Pierre didn't, Rolling Stone, Entertainment motioned Organizations: Business, New York, Rolling, Bad Boy Entertainment, Bad, Entertainment Locations: New York

☆ From discovery to purchase: here's how to activate the full funnel on TikTok
▼ + stars: | 2024-05-17 | by ( Sponsor Post | Sponsored Tiktok For Business | ) www.businessinsider.com time to read: +6 min

In fact, 65% of TikTok users are likely to buy a product that they previously saw on TikTok in the future,[1] and 61% of users have made a purchase either directly on TikTok or online after seeing an ad on TikTok. It's been a pleasure to work with the team at TikTok to develop our content and targeting strategy. The campaign's final phase focused on conversions and utilized TikTok's newest conversion product, Video Shopping Ads. To read more about the impact that short-form video platforms like TikTok have across the marketing funnel, dive into this report from research organization WARC. Sources:1 TikTok Marketing Science EUI TikTok for Full Funnel Research 2023 conducted by Material2 TikTok Marketing Science Global Shopping Ad Products Study 2022 conducted by Material February 2022 (n=17,937).

Persons: we've, It's, Tom Donegan, Sephora, PureGym, Brand, ghd, There's Organizations: PureGym, ghd, Brand, Insider Studios Locations: TikTok, Spain, ghd France, France, creatives

☆ International Disney parks target U.S. customers with American influencers and bloggers
▼ + stars: | 2024-05-17 | by ( Kat Tenbarge | ) www.cnbc.com time to read: +6 min

As they were originally conceived, Disney's international parks were meant to "bring the unforgettable Disney magic to an international audience," according to the company. While the international parks themselves have always taken steps to accommodate diverse audiences — providing shows and attractions in multiple languages — Disney appears to be marketing the international parks to American audiences in more direct ways. In addition to the content creator efforts, Disney has begun to include its international parks in its own content consumed by Americans. In the Disney+ show "Behind the Attraction," which premiered in 2021, numerous variations on American rides at international parks were discussed and digested for American audiences. Disney creators around the world grew their followings, and demand for content from international Disney parks rose alongside them.

Persons: Peter Pan, Disney, Quincy Stanford, AllEars, Stanford, Emma Kenner, Kenner, Taylor Swift, Rolling Stone Organizations: Disney, Tokyo Disney, YouTube, Disney Parks, NBC, Tokyo Disneyland, Magic, Tokyo Disney Resort, Stanford, Walt Disney Co, Paris La Défense, Rolling, Swift Locations: China, Japan, Tokyo, Shanghai, Hong Kong, U.S, California, Florida, Tokyo ., Paris

☆ Biden’s tariffs on Chinese imports are boosting these beaten-down stocks
▼ + stars: | 2024-05-17 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

Beaten-down clean energy stocks have rallied this week. The iShares Global Clean Energy exchange-traded fund, which tracks sectors from renewable electricity to semiconductors to solar energy, has gained roughly 3%. Plug Power shares have climbed 33%, Enphase Energy shares have gained 8% and NextEra Energy shares have added 4%. Some investors warn that though the tariffs could continue boosting clean energy stocks, the recent rally isn’t driven by just improving fundamentals. Damaging hacks expose the weak underbelly of America’s health care systemA pair of recent ransomware attacks crippled computer systems at two major American health care firms, disrupting patient care and exposing fundamental weaknesses in the US health care system’s defenses against hackers, reports my colleague Sean Lyngaas.

Persons: New York CNN — It’s, Joe Biden, CNN’s Kayla Tausche, ”, Steve Sosnick, Roaring Kitty, Keith Gill, Dow, Nicole Goodkind, stoking, Gary Pzegeo, ” Read, Sean Lyngaas, cybersecurity, ” Joshua Corman, Sen, Ron Wyden Organizations: CNN Business, Bell, New York CNN, Clean Energy, Enphase Energy, NextEra Energy, Biden, Federal Reserve, Interactive Brokers, CNN, GameStop, AMC Entertainment, Roaring, Dow Jones Industrial, Nasdaq, Markets, Bureau of Labor Statistics, CIBC Private Wealth, “ Industry, Oregon Democrat Locations: New York, China

☆ The meme-stock rally is dead as reality sets in amid GameStop's warning on revenue and plan to sell 45 million shares
▼ + stars: | 2024-05-17 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

GameStop's meme-stock rally officially ended on Friday after the company announced plans to sell 45 million shares. GameStop said the extreme rally in its stock does "not appear to be based on the underlying fundamentals of our business." This week's meme-stock rally that sent shares of GameStop surging as much 271% is done. The rally in GameStop shares came to its sputtering conclusion on Friday when the struggling video game retailer announced plans to sell 45 million shares in an at-the-market offering, which could result in massive dilution for existing shareholders. AdvertisementThis type of share sale allows GameStop to, at its discretion, sell shares directly in the open market to willing buyers to raise capital, with an upside limit of 45 million shares.

Persons: — Organizations: GameStop, Service, AMC Entertainment, SEC

☆ Raccoon, chased by staff with trash cans, storms pitch during soccer game
▼ + stars: | 2024-05-16 | by ( Amy Woodyatt | Jacob Lev | ) edition.cnn.com time to read: +1 min

CNN —A furry pitch invader paused Major League Soccer play on Wednesday as a rogue raccoon ran onto the field during a match between the Philadelphia Union and New York City FC. The athletic critter ran the length of the pitch at Subaru Park in Chester, Pennsylvania, deftly evading capture while sprinting stadium staff tried to apprehend it using a trash can. “We need to find him a ball because he’s moving very well in the center of midfield,” a commentator quipped during the kerfuffle, adding that it was “entertainment of its own kind.”Raquinho the raccoon was eventually captured and later released. Eric Hartline/USA TODAY Sports/ReutersThe match was paused for five minutes as crews tried and eventually succeeded in capturing the animal, dubbed “Raquinha the Raccoon” by MLS. The Union sent out an update saying that the raccoon was “put in good hands” and was safely released.

Persons: ”, Eric Hartline, “, NYCFC, Alonso Martínez, Hannes Wolf Organizations: CNN, Major League Soccer, Philadelphia Union, New York City FC, Subaru, Reuters, MLS, The Union Locations: Chester , Pennsylvania

☆ I used to work in airline safety. United's new video has good intentions, but I don't think it will make passengers any less distracted.
▼ + stars: | 2024-05-16 | by ( Taylor Rains | ) www.businessinsider.com time to read: +4 min

Read previewI didn't retain much from United Airlines' new inflight safety video. "The safest safety video is one that people will want to watch even on your 45th viewing," United's creative director, Meg Mitchell, who oversaw production, told NPR. Japan Airlines' no-nonsense safety video is very different from the new one United revealed. Japan AirlinesAll 379 passengers on board that plane survived, and the airline's no-nonsense safety video likely helped. Don't get me wrong; I do think there is room for creativity in an airline safety video so long as it clearly conveys the message — but, in my opinion, United's got lost in the theatrics this time.

Persons: —, United, Meg Mitchell, United's Organizations: Service, United Airlines, Business, NPR, FAA, United, Japan Airlines, Japan Airlines Airbus, JAL Locations: Tokyo

☆ 'Grand Theft Auto 6' gets release date in Fall 2025
▼ + stars: | 2024-05-16 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +1 min

Grand Theft Auto 6 is set to release in Fall 2025, according to Take Two. Take Two's CEO expressed confidence in Rockstar and expects a high commercial impact from the game. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Advertisement"Grand Theft Auto 6," perhaps the most anticipated game of the last decade, finally has a release date after reports of possible delays. Take Two Interactive, the company behind Rockstar Games — which creates "Grand Theft Auto" — announced that "GTA 6" will get a release date sometime in Fall 2025.

Persons: —, Strauss Zelnick Organizations: Service, Rockstar Games, —, Hollywood

☆ 3 tricks legacy media companies can learn from social-video platforms, per a new Accenture report
▼ + stars: | 2024-05-16 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +5 min

Read previewTraditional media and entertainment companies must undergo "radical levels of reinvention," John Peters, Accenture's lead for media and entertainment clients, told Business Insider. Traditional media companies, like live broadcasting or linear channels, are "seeing viewership migrate away from their platforms," Peters said. Advertisement"They're increasingly moving to social media and social video platforms and video games," Peters said. Here are three things that traditional media companies can learn from social media giants, per the Accenture report. AdvertisementPeters also pointed to events like the annual Academy Awards or live sports as opportunities for media companies to use UGC.

Persons: —, John Peters, Accenture's, Peters, Goldman Sachs, Nikki Mendonca, Mendonca, Elon Organizations: Service, Accenture, Business, Media Industry, Netflix, Hulu, WARC Media, Meta, Media, UGC, Apple, Google, Spotify, Disney Locations: North America, Europe, Asia, America

☆ ValueAct reveals stake in Fanduel-parent Flutter Entertainment
▼ + stars: | 2024-05-16 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

ValueAct Capital on Wednesday unveiled a stake in Flutter Entertainment , the Dublin-based parent company of sports betting firm Fanduel. It is possible that ValueAct previously had some other exposure to Flutter. The hedge fund previously had a position in The Stars Group, which was acquired by Flutter in 2020. While the ValueAct stake in Flutter is small, Gordon Haskett analyst Don Bilson pointed out in a note to clients that UBS also reported a stake in the gaming company. UBS has previously worked with ValueAct to build stakes in individual stocks for the hedge fund, Bilson said.

Persons: Mason Morfit, ValueAct, Walt Disney, Gordon Haskett, Don Bilson, Bilson Organizations: Capital, Walt, Securities and Exchange Commission, Stars, UBS, New York Stock Exchange, NYSE, Seagate Technology Holdings, Paycom Locations: Dublin, ValueAct

☆ 20 groundbreaking AAPI women who changed the entertainment industry
▼ + stars: | 2024-05-16 | by ( Mykenna Maniece | ) www.businessinsider.com time to read: +1 min

Miyoshi Umeki was the first Asian actor to win an Oscar. Red Buttons and Miyoshi Umeki with their Academy Awards in 1958. Hulton Archive/Stringer/Getty ImagesIn 1958, Miyoshi Umeki, a Japanese-American singer and actor, became the first Asian actor to win an Academy Award. She was also known for her supporting role as Mrs. Livingston in the sitcom "The Courtship of Eddie's Father." Umeki famously destroyed her history-making Oscar after the death of her husband, Randall Hood, in 1976, Entertainment Weekly reported.

Persons: Miyoshi Umeki, Red, Miyoshi, Stringer, Red Buttons, Marlon Brando, Tony, Livingston, Umeki, Michael Hood, he'd, Randall Hood Organizations: Hulton, Globe, Entertainment Locations: American

☆ Actor who plays Martha in 'Baby Reindeer' says she avoided knowing about the real stalker, and it's a 'shame' viewers have become 'armchair detectives'
▼ + stars: | 2024-05-16 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +2 min

Read previewJessica Gunning, the actor who plays Martha Scott in "Baby Reindeer," said she "avoid" knowing about the real woman her character was based on. Since it was released in April, "Baby Reindeer" has blown up, and has been watched over 60 million times, according to Netflix. The buzz grew as audiences tried to find the real woman who Scott was based on. Like Richard said when he posted that message on social media, that's not the point of our show." AdvertisementTrue crime shows like "Baby Reindeer" blur the line between entertainment and reality, something that Gunning understands.

Persons: —, Jessica Gunning, Martha Scott, Richard Gadd, Scott, Fiona Harvey, Piers Morgan, Gadd, Gunning, Harvey, I've, I'm, Richard, that's, Sean Foley, That's Organizations: Service, Business, Netflix, Hollywood

Search resuls for: "ENTERTAINMENT"

25 mentions found