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Check out the companies making headlines before the bell:Planet Fitness — Shares of the gym franchise jumped nearly 3% in premarket trading after Raymond James upgraded the stock to strong buy from market perform. The Wall Street firm said the company has a resilient and recession-resistant business with no interest rate risk and very little near-term debtmaturities. PG&E — The utility stock climbed more than 5% premarket after S&P Dow Jones Indices on Friday said PG&E will replace Citrix Systems in the S&P 500, effective prior to the opening of trading on Monday, October 3. Lyft — Shares of the ride-hailing company fell nearly 4% premarket after UBS downgraded the stock to neutral from buy. The Wall Street firm cited its driver survey that indicates drivers prefer Uber and Lyft is not their main app.
Tourists waited to board a vehicle outside a Macau casino resort three years ago. Visitors from mainland China to Macau in the first half of this year fell 78% from the same period in 2019. Prices of dollar bonds from Wynn Macau have tumbled to as low as 68 cents on the dollar, levels more commonly associated with distressed debt. A bond from MGM China Holdings that matures in 2027 was at about 76.6 cents on the dollar Wednesday, according to FactSet. Casino bonds that mature in 2024 are yielding more than 15%.
Amazon’s ‘Thursday Night Football’ is a hit
  + stars: | 2022-09-22 | by ( Frank Pallotta | ) edition.cnn.com   time to read: +2 min
New York CNN Business —Amazon hit it big with its “Thursday Night Football” debut. The tech giant’s first exclusive NFL game, which saw the Kansas City Chiefs edge out the Los Angeles Chargers 27 to 24, averaged 13 million viewers last Thursday, according to Nielsen. Amazon added that, per its “first party measurement and Nielsen, across all platforms” the game drew slightly more fans, averaging 15.3 million viewers. These numbers show that the sport can be a big draw on digital as well as on old fashioned TV. Thursday’s debut is also an example of how Amazon is boosting its Prime Video investment as it broadens its footprint in the streaming marketplace.
Sports gambling opportunities for marketers
  + stars: | 2022-09-22 | by ( Paul Verna | ) www.businessinsider.com   time to read: +7 min
And sports gambling, which is now legal in nearly half the US, is emerging as a market opportunity for brands and broadcasters alike. Legalized sports gambling in the US will generate $2.1 billion in revenues this year. It also tallies states with active sports gambling legislation as well as those with no legislation or dead legislation. As of May 2021, sports gambling was legal and active in 21 states plus the District of Columbia. In addition, MGM Resorts International projects that sports gambling will generate $13.5 billion by 2025, with 38 US states participating by that time.
MoffettNathanson analyst Robert Fishman crystallized the daunting task ahead for Zaslav and WBD in his August 5 report "Reality First. The honeymoon was short-lived," said one senior Hollywood insider. It turns out there are five, housing some 40,000 employees globally: Warner Bros., HBO Max, the Turner entertainment channel business, CNN, and Discovery. The WBD insider said there isn't a rush to hire a new chief and that the company will continue to meet people. Under the ownership of AT&T, WarnerMedia's financials were buried in its parent's spreadsheets — now as a pure-play entertainment company, Warner Bros.
That means Amazon Web Services, Microsoft Azure, and Google Cloud could be poised for a merger-and-acquisition spree. As for cloud acquisitions, analysts said Amazon's cloud unit didn't often buy companies. Cybersecurity has been a greater focus for Microsoft, AWS, and Google Cloud after the hack of the IT-software company SolarWinds in 2020. In 2019, Google purchased the data-analytics company Looker for $2.6 billion in cash under Google Cloud CEO Thomas Kurian. With Kurian at the helm, bringing with him the Oracle acquisition playbook, Google Cloud may now have a bigger M&A appetite.
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Amazon Prime Video will make a huge marketing push behind marquee series "Rings of Power." Former marketing chief Ukonwa Ojo told Insider about how the company uses data connect with audiences. Amazon does deep analysis of user comments, she said, for clues about what viewers care about — Prime Video's marketing team also factors in the cultural mood. You need data that moves at the pace of culture. They're going to need to be transported to a completely different world — so world-building shows — and they're also going to need some joy and some levity and some laughter.
Abry Partners' $100 million stake in Kevin Hart's company HartBeat is the latest big M&A move in Hollywood. Dealmakers said production companies are valuable amid the streaming wars and demand for content. The M&A activity had top Hollywood dealmakers telling Insider in early 2022 that practically every independent production company is a target. Many production companies make work-for-hire or don't control the rights to a project once it is sold off to a studio distributor. Based on January interviews with five entertainment industry experts and insiders, Insider identified a list of 10 production companies that could be compelling acquisition targets as M&A activity continues.
Kingsley CarsKingsley Cars is a UK-based company that transforms old Range Rovers into $200,000 works of art. Plus, some say Stitch Fix doesn't have enough trendy clothes for clients looking for post-pandemic, "back-to-life" outfits. Hear more from Stitch Fix stylists. See some of the art going up for auction. Marianne Ayala/InsiderAustin's hot housing market has reached what brokers are calling a "new normal."
Read our review Read Our Review A looong arrow, pointing rightReview: Is the World of Hyatt Credit Card the best credit card for you? The World Of Hyatt Credit Card has valuable benefits for Hyatt loyalists. Apply now A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.8 out of 5 Stars Editor's Rating A tooltip OUR EDITOR'S RATINGS ARE PRIMARILY BASED ON 3 THINGS: SIMPLICITY, AFFORDABILITY, AND VALUE. Apply now A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.6 out of 5 Stars Editor's Rating A tooltip OUR EDITOR'S RATINGS ARE PRIMARILY BASED ON 3 THINGS: SIMPLICITY, AFFORDABILITY, AND VALUE. Apply now A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.6 out of 5 Stars Editor's Rating A tooltip OUR EDITOR'S RATINGS ARE PRIMARILY BASED ON 3 THINGS: SIMPLICITY, AFFORDABILITY, AND VALUE.
Jeff Bezos a anunţat luni că el şi fratele său, Mark Bezos, vor zbura în spaţiu luna viitoare. Fraţii Bezos vor zbura cu prima cursă cu persoane a navei spaţiale New Shepard, construită de Blue Origin, compania de explorare spaţială a lui Jeff Bezos, anunţă BBC. Blue Origin a scos la licitaţie un loc în acelaşi zbor. Bezos a fondat Blue Origin în 2000 şi a declarat într-un interviu din 2018 că este „cea mai importantă lucrare” a sa. Când Bezos a anunţat în februarie că va renunţa la funcţia de CEO al Amazon, el a spus că Blue Origin este unul dintre proiectele în care se va implica mai mult.
Persons: Jeff Bezos, Mark Bezos, Fraţii, New Shepard, Ea, Pământ, Câştigătorul, Bezos, Forbes Organizations: Blue Origin, BBC, New, Blue, Amazon, MGM, Washington Post Locations: New
„De la vârsta de 5 ani, am visat să călătoresc în spaţiu.” Fondatorul Amazon va zbura în Spațiu luna viitoareJeff Bezos va ajunge pentru prima dată în spaţiu în luna iulie, la bordul New Shepard, navă construită de compania sa Blue Origin, scrie News.roCălătoria este stabilită pentru 20 iulie, la două săptămâni după ce el va renunţa la funcţia de CEO al Amazon. „De la vârsta de 5 ani, am visat să călătoresc în spaţiu”, a scris antreprenorul, luni, pe Instagram. În prezent, cea mai mare sumă oferită fiind de 2,8 milioane de dolari din 6.000 de participanţi din 143 de ţări. Suma va fi donată fundaţiei Blue Origin, Club for the Future, a cărei misiune este să inspire generaţiile viitoare să urmeze cariere în ştiinţă, tehnologie, inginerie şi matematică. Amazon a cumpărat recent studiourile MGM pentru 8,45 de miliarde de dolari.
Persons: Jeff Bezos, New Shepard, Ea, Pământ ., Richard Branson, Tesla, Câştigătorul Organizations: Amazon, Blue, MGM, Washington Post Locations: New, New Shepard
Gigantul Amazon va cumpăra celebrul studio hollywoodian Metro Goldwyn Mayer cu suma de 8,45 miliarde de dolari. Motivul achiziției ar putea fi celebra serie de filme "James Bond". MGM are în spate aproape un secol de istorie cinematografică, cu peste 4.000 de filme și 17.000 de emisiuni TV în catalogul său. Acesta va completa activitatea Amazon Studios, care se concentrează în principal pe producţia de programe şi emisiuni de televiziune. Amazon a adăugat că va contribui astfel la conservarea moştenirii şi a catalogului de filme şi va oferi clienţilor "un acces mai bun la aceste opere existente".
Persons: Metro Goldwyn Mayer, James, . Organizations: Metro, . MGM, Amazon, Foods, MGM, Amazon Studios Locations: ranzacție
Cineastul american Tim Burton va filma în mai multe zone din România serialul „The Addams Family”, o producţie MGM Television şi Netflix. În octombrie 2020, a fost anunţat că Burton, nominalizat la Oscar pentru „Corpse Bride” şi „Frankenweenie”, pregăteşte un serial live-action „Addams Family”, dezvoltat de MGM Television. Scenariul va fi scris de Alfred Gough şi Miles Millar, creatorii „Into the Badlands”, care vor fi coordonatori şi producători executivi, iar Tim Burton va regiza şi va fi producător executiv. El a mai regizat episoade din „Alfred Hitchcock Presents” şi a fost producător executiv al serialului animat „Beetlejuice”. Serialul „Familia Addams”, pentru care nu a fost încă anunţată distribuţia, va fi filmat la studiourile Buftea şi în ţară, potrivit Libertatea, care a anunţat că regizorul s-a aflat recent la Castelul Bran şi Castelul Peleş, în prospecţie.
Persons: Cineastul, Cineastul american Tim Burton, Burton, Addams, Alfred Gough, Miles Millar, Tim Burton, Edward, Alfred Hitchcock Organizations: MGM, MGM Television, Buftea Locations: Cineastul american, România, Castelul Bran, Castelul
Mike Tyson a anunțat data partidei cu Evander HolyfieldBoxerul american Mike Tyson a anunţat că că îl va înfrunta pe compatriotul său Evander Holyfield în data de 29 mai, la aproape un sfert de secol de la precedentul lor duel, informează Boxingnews24.com. "Vreau doar ca toată lumea să ştie că va fi un meci cu Holyfield", a declarat Iron Mike, în vârstă de 54 ani. Acesta anunţ este oarecum surprinzător, în condiţiile în care Holyfield şi staff-ul său au declarat luni că negocierile cu tabăra lui Mike Tyson nu au ajuns la niciun rezultat. Pe 28 iunie 1997, Mike Tyson l-a înfruntat pe Evander Holyfield într-unul dintre cele mai controversate meciuri din istoria boxului. Tyson a fost descalificat de arbitru după ce a muşcat o bucată din urechea lui Holyfield, în runda a treia a luptei care a avut loc la cazinoul MGM Grand din Las Vegas.
Persons: Mike Tyson, Iron Mike, Dumnezeu, Tyson, Instagram, Kris Lawrence, Holyfield, Evander Organizations: Iron, MGM Grand Locations: Las Vegas
„Vreau doar ca toată lumea să ştie că va fi un meci cu Holyfield”, a declarat Iron Mike, în vârstă de 54 ani. Acesta anunţ este oarecum surprinzător, în condiţiile în care Holyfield şi staff-ul său au declarat luni că negocierile cu tabăra lui Mike Tyson nu au ajuns la niciun rezultat, citează Agerpres. Pe 28 iunie 1997, Mike Tyson l-a înfruntat pe Evander Holyfield într-unul dintre cele mai controversate meciuri din istoria boxului. Tyson a fost descalificat de arbitru după ce a muşcat o bucată din urechea lui Holyfield, în runda a treia a luptei care a avut loc la cazinoul MGM Grand din Las Vegas. El a primit ulterior o amendă de 3 milioane de dolari, fiindu-i retrasă totodată licenţa de boxer pentru un an.
Persons: Iron Mike, Dumnezeu, Tyson, Instagram, Mike Tyson, Kris Lawrence, Holyfield, Evander Organizations: Iron, MGM Grand Locations: Las Vegas
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