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☆ Media and entertainment companies are finding more investment from the Middle East, but it can come with controversy. Here are 11 of the most notable deals.
▼ + stars: | 2023-08-22 | by ( Lucia Moses | ) www.businessinsider.com time to read: +7 min

Insider broke down 11 top media companies with Middle Eastern backing or partnerships. Middle Eastern investment has poured into US media and entertainment, and US media companies have been eager recipients. Here's a rundown of 11 key Western media and entertainment companies, listed alphabetically, that have licensing and investment partnerships with Middle Eastern entities. Jimmy Finkelstein's news startup The Messenger has Middle Eastern funding via its acquisition of IMI-backed startup Grid, which is now shuttered. The North Road, Peter Chernin and Providence Equity's production roll-up, took a $150 million investment in January from the Qatar Investment Authority, Qatar's main investment vehicle, to support its expansion.

Persons: Peter Chernin, Jeff Zucker, Uber, Jamal Khashoggi's, Saudi Crown Prince Mohammed bin Salman, —, hasn't, Mohammed bin Salman, SRMG, Abu, Abu Dhabi's, Jimmy Finkelstein's, BeIn, Stone, Ian Orefice, WBD Organizations: Providence, North, IMI, ex, CNN, Public Investment Fund, Blackstone, Washington Post, Saudi Crown, Saudi, Guardian, Media, Bloomberg Media, Saudi Research, Media Group, Media Investments, CNN Business, Abu Dhabi Media Investment Corporation, Sky News Arabia, Business, Independent, SRMG, Miramax, BeIn, Paramount, Qatar Investment Authority, Penske Media Corporation, Billboard, Variety, Penske, Vox Media, New York, Billboard Arabia, RedBird Capital, Mideast, MBC Group, MBC, Fortress Investment Group, Investment, Warner Bros Locations: Saudi Arabia, Qatar, UAE, West, Saudi, Abu Dhabi, ViacomCBS, SRMG

☆ This summer has been all about recapturing our youth
▼ + stars: | 2023-08-05 | by ( Lisa Respers France | ) edition.cnn.com time to read: +4 min

That’s right, I take it way back to the days when “summer vacation” didn’t mean me looking for reasonable airfare and accommodations to book. Something to sip on…A scene from "Teenage Mutant Ninja Turtles: Mutant Mayhem." “Teenage Mutant Ninja Turtles: Mutant Mayhem” is out this week and if ever there was a franchise that is both for the young and young at heart, it’s this one. One thing to talk about…People attend Day 3 of the Lollapalooza Music Festival on Saturday, July 30, 2022, at Grant Park in Chicago. That’s right, you can enjoy the long-standing, Chicago-set music festival from the comfort of your own home – and no need for porta-potties!

Persons: ” Let’s, ”, “ Barbie, O’Neil, Seth Rogen, Maya Rudolph, John Cena, Paul Rudd, Rob Grabowski, Oprah Winfrey, Gayle King, Oprah, “, Billie Eilish, Kendrick Lamar, Lana Del Rey, Trippie Redd, Redd, There’s, Joe Locke, Kit Connor, Charlie Spring, Nick Nelson, “ Heartstopper Organizations: CNN, Paramount Pictures, …, Hulu, PolkImaging, Penske Media, Netflix Locations: Grant, Chicago, New Jersey, Hulu, Milwaukee , WI

☆ Here are Monday's biggest analyst calls: Apple, Nvidia, Tesla, Amazon, Chevron, Walmart, Adobe & more
▼ + stars: | 2023-07-31 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are Monday's biggest calls on Wall Street: Goldman Sachs upgrades Chevron to buy from neutral Goldman said it sees a cash flow inflection for the oil and gas giant. Morgan Stanley names Keurig Dr Pepper a top pick Morgan Stanley said the beverage giant is its new top pick. Morgan Stanley reiterates Walmart as overweight Morgan Stanley said Walmart+ continues grow and gain new members. Morgan Stanley downgrades Salesforce to equal weight from overweight Morgan Stanley said positive catalysts are in the "rear-view mirror" for the stock. Morgan Stanley upgrades Adobe to overweight from equal weight Morgan Stanley said in its upgrade of Adobe that it sees generative AI driving creativity.

Persons: Goldman Sachs, Goldman, Bernstein, Morgan Stanley, Dr Pepper, Jefferies, Carvana, there's, Cowen, Piper Sandler, Apple, Piper, JPMorgan downgrades, it's, Ford, Oppenheimer, Evercore, Morgan Stanley downgrades Salesforce, Tesla Organizations: Chevron, Nvidia, Apple, Walmart, JPMorgan, JPMorgan downgrades Penske, " Bank of America, Hasbro, of America, Deutsche Bank, York Community, Deutsche, RBC, CSX, Electric, GE, Triple, SG, Wayfair, Suisse, UPS, Credit Suisse, Teamsters, Adobe, Barclays, EV, Detroit Locations: China, York

☆ Variety faces calls for a retraction as its head-turning story about CNN drama begins to fall apart
▼ + stars: | 2023-07-27 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

CNN —Variety has a mess on its hands. Former CNN chief Jeff Zucker, The Atlantic journalist Tim Alberta, and Puck Editor-In-Chief Jon Kelly have all called for the outlet to publicly correct the record. But, thus far, Variety has resisted taking any such action, outside quietly removing the widely panned Tatiana Siegel-written feature from its online homepage. The outlet’s deafening silence comes as the piece begins to fall apart in public. (It goes without saying that Zucker’s camp denied to Siegel that this ever happened, but she printed it anyway.)

Persons: Jeff Zucker, Tim Alberta, Puck, Jon Kelly, Tatiana Siegel, Chris Licht, ”, Byers, Zucker, Siegel, David Zaslav, ” Byers, Siegel weaved, imploring, Natalie Korach, Zucker’s, Ramin Setoodeh, Cynthia Littleton, Korach, Kelly, Puck’s, “, Jeffrey Goldberg, …, ” Goldberg Organizations: CNN, Variety, The Atlantic, Warner Bros, Penske Media Corporation, PMC, The Locations: . Alberta, ” Alberta, Miami, cabanas, ”, Russian, Littleton

☆ Former Essence Magazine employees say they witnessed a 'hellish' and 'dehumanizing' culture at the leading publication for Black women in America
▼ + stars: | 2023-07-13 | by ( Yoonji Han | ) www.businessinsider.com time to read: +34 min

On June 28, 2020, a group of women using the name Black Females Anonymous published a damning public letter that shook Essence magazine, the leading publication for Black women in America, to the core. Essence magazine was launched in 1970 at a time when Black business and civil-rights leaders called for greater self-determination and empowerment. The magazine was the brainchild of a group of four Black businessmen who identified a lack of publications for Black women in America. "And that is to serve Black women deeply, to serve women of color in a way that no one else has thought about." Essence CEO Michelle Ebanks, Dennis, and Essence chief content and creative officer, Moana Luu, at the 2020 13th Annual Essence Black Women in Hollywood luncheon.

Persons: Richelieu Dennis, Dennis, haven't, Susan Taylor, Taylor, —, Jason Kempin, wasn't, Michelle Ebanks, Rich Dennis, Arturo Holmes, Margarita Corporan, Forbes, let's, didn't, Sandra Okerulu, Ebanks, Luu, Moana, Rich Polk, Wears, Danielle Young, Julee Wilson, Candace Montgomery, Wilson, Montgomery, Martha, Martha Dennis, Rechelle, Sophia, Richelyna, Alan Lescht, bristled, Joy Collins Profet, Readers, Essence's, Collins Profet, Caroline Wanga, — it's, Wanga, unappreciated, Travis Montaque, cofounders, Lionel Hahn, Yesha Callahan, Rich, That's what's, Yoonji Han Organizations: Black, Time Inc, Vogue, Sports, Essence Communications, Entertainment, New York Times, Meredith Corporation, Essence, Inc, Brands, Ventures, Upfronts, Babson College, The, Depot, PepsiCo, Accenture, Unilever, Magazine, Magazine's, Penske Media, Getty, Essence Ventures, Afropunk, Vice Media, Black Entertainment Television, Digital, Sports Illustrated, Media, Fortress Investment, NASDAQ, Trace Media, texturism, Readers, Employees, Staff, BET, Culture, Democracy, Inkwell Locations: America, Black, Liberia, Queens, shea, Moana Luu, Martinique, France, Paris, Philippines, Hollywood, Industry City, Brooklyn, Cannes

☆ Essence Magazine was meant to be a place for 'Black girl magic.' Internally, some employees say it was more like 'Black girl tragic.'
▼ + stars: | 2023-07-13 | by ( Yoonji Han | ) www.businessinsider.com time to read: +34 min

"Essence is the most deceptive Black media company in America. Essence Magazine was first published in 1970 at a time when Black business and civil rights leaders called for greater self-determination and empowerment. The magazine was the brainchild of a group of four Black businessmen who identified a lack of publications for Black women in America. "And that is to serve Black women deeply, to serve women of color in a way that no one else has thought about." Essence CEO Michelle Ebanks, Richelieu Dennis, and Essence chief content & creative officer Moana Luu at the 2020 13th Annual ESSENCE Black Women in Hollywood luncheon.

Persons: Richelieu Dennis, Dennis, Susan Taylor, Taylor, —, Jason Kempin, wasn't, Essence Communications Michelle Ebanks, Rich Dennis, Arturo Holmes, Margarita Corporan, Forbes, let's, Black, didn't, Sandra Okerulu, Michelle Ebanks, Luu, Moana, Rich Polk, Wears, Danielle Young, Julee Wilson, Candace Montgomery, Wilson, Montgomery, Martha, Martha Dennis, Rechelle, Sophia, Richelyna, Alan Lescht, bristled, Ebanks, Joy Collins Profet, Readers, Essence's, Collins Profet, Caroline Wanga, — it's, Wanga, unappreciated, Travis Montaque, cofounders, Lionel Hahn, Yesha Callahan, Rich, That's what's, Yoonji Han Organizations: Black, Essence Magazine, Time Inc, Vogue, Sports, Essence Communications, Entertainment, New York Times, Meredith Corporation, Brands, Ventures, Upfronts, Babson College, The, Depot, PepsiCo, Accenture, Unilever, Inc, Magazine, Magazine's, Penske Media, Getty, Essence Ventures, Afropunk, Vice Media, Black Entertainment Television, Digital, Sports Illustrated, Media, Fortress Investment, NASDAQ, Trace Media, texturism, Hamptons, Readers, Employees, Staff, BET, Culture, Democracy, Inkwell, Essence Locations: America, Black, Liberia, Queens, shea, Moana Luu, Martinique, France, Paris, Philippines, Hollywood, Industry City, Brooklyn, Cannes

☆ Look of the Week: Shakira’s “NO” jacket is a big mood
▼ + stars: | 2023-07-06 | by ( Leah Dolan | ) edition.cnn.com time to read: +3 min

Editor’s Note: Featuring the good, the bad and the ugly, ‘Look of the Week’ is a regular series dedicated to unpacking the most talked about outfit of the last seven days. Her sleek white coat — from the brand’s Fall-Winter 2008 collection — was dominated by the word “No,” emblazoned across her chest in three-dimensional letters. She paired the outfit with gold platform sandals and a matching mini clutch bag from Italian label Aquazzura. In 2018, Melania Trump sparked widespread criticism when she chose to wear a khaki Zara jacket that read “I don’t really care. Arnold Jerocki/Getty ImagesWhile Shakira’s jacket lacked the subtlety of soft power dressing, there has been some online debate as to what exactly her “No” is referring to.

Persons: CNN —, Elizabeth Olsen, ”, Olsen, Shakira, Viktor, Rolf couture, Camila Cabello, ” Camila Cabello, Pierre Suu, ’, ” Shakira, Hailey Bieber, Melania Trump, Arnold Jerocki, Gerad Piqué, Rolf, tulle, Rolf Snoeren, WWD Organizations: CNN, Penske Media Locations: Paris, Mexico, Instagram

☆ 10 Things in Tech: Twitter 2.0, how to create with AI, and Reddit employees' swag warning
▼ + stars: | 2023-06-14 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +4 min

Twitter's new CEO, Linda Yaccarino, is looking to turn the site into an accurate, real-time source of information — Twitter 2.0. For Insider's most fascinating stories of the day, delivered right to your inbox, sign up for Insider Today. Twitter logo and Linda Yaccarino. Linda Yaccarino wants to turn the platform into a place where you can find accurate, timely information on hot topics with minimum effort. Reddit CEO Steve Huffman has told staff to avoid wearing branded gear amidst a mass revolt by the platform's users.

Persons: Nathan Rennolds, Linda Yaccarino, Tayfun, Isaac Brekken, —, Yaccarino, Nat Friedman, Rich, it's, Steve Huffman, Tesla, TikTok, Bernstein, Tim Levin, Hallam Bullock Organizations: Twitter, Insider, Anadolu Agency, Getty Images, Penske Media, Getty, Bloomberg, Nvidia, eBay, Ford, GM, Google, Toyota bZ4X AWD, Toyota, Washington DC, Everest Locations: London, New York, Washington, Everest's

☆ Golden Globes Are Sold and Hollywood Foreign Press Is No More
▼ + stars: | 2023-06-12 | by ( Brooks Barnes | ) www.nytimes.com time to read: +1 min

The Hollywood Foreign Press Association, a group of entertainment journalists from overseas that, despite frequent missteps, built the Golden Globe Awards into a marquee event, died on Monday after a series of scandals. was announced after California officials agreed to a complicated reorganization plan that will allow the Golden Globe Awards to continue. Eldridge Industries, a holding company owned by the billionaire investor Todd Boehly, and Dick Clark Productions, which is part of Penske Media, agreed to buy the foreign press association’s Golden Globe assets for an undisclosed price. The proceeds will go to a new nonprofit, the Golden Globe Foundation, which will continue the H.F.P.A.’s philanthropic efforts; it gave more than $50 million to entertainment-related charities over the last three decades. Members of the foreign press association — primarily freelance entertainment journalists — will become employees of a yet-to-be-named for-profit entity that will try to expand the Golden Globes as a brand, according to an Eldridge spokesman.

Persons: Eldridge, Todd Boehly, Dick Clark, — Organizations: Hollywood Foreign Press Association, Globe, Eldridge Industries, Dick Clark Productions, Penske Media, Golden Globe Foundation, Globes Locations: California

☆ The Golden Globes find new home as the Hollywood Foreign Press Association shuts down
▼ + stars: | 2023-06-12 | by ( Sarah Whitten | ) www.cnbc.com time to read: +2 min

Golden Globe Awards on display during the unveiling of the nominations for the 80th Golden Globe Awards, Beverly Hills, California, Dec. 12, 2022. And the Golden Globes go to … Dick Clark Productions. The California nonprofit announced Monday that it and asset management company Eldridge acquired all the assets, rights and properties of the Golden Globes from the Hollywood Foreign Press Association. Dick Clark Productions, which runs the Billboard Music Awards and Dick Clark's New Year's Rockin' Eve, will now plan, host and produce the annual Golden Globe Awards show. The next Golden Globe Awards will take place Jan. 7, 2024.

Persons: Dick Clark, Eldridge, Dick Clark's, Rockin, Jay Penske, Netflix's, Emily Organizations: Golden Globe, Beverly, Globes, Dick Clark Productions, Hollywood Foreign Press Association, Globe, Golden Globe Foundation, Penske Media, NBC, Golden Globes, Los Angeles Times, Paramount, Comcast, CNBC Locations: Beverly Hills , California, California, France, Paris

[1/2] A person works on the stage before the 80th Annual Golden Globe Awards Nominations announcement in Beverly Hills, California, U.S. December 12, 2022. REUTERS/Mario AnzuoniLOS ANGELES, June 12 (Reuters) - The Golden Globe Awards were sold on Monday to a new owner that will shut down the Hollywood Foreign Press Association (HFPA), the voting group that faced controversy over ethical lapses and a lack of diversity. A Los Angeles Times investigation in 2021 revealed the organization had no Black journalists in its ranks. "Today marks a significant milestone in the evolution of the Golden Globes,” Boehly said in a statement. Reporting by Danielle Broadway in Los Angeles Additional reporting by Lisa Richwine in Los Angeles Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

Persons: Mario, Dick Clark, DCP, Eldridge, Todd Boehly, ” Boehly, Danielle Broadway, Lisa Richwine, Matthew Lewis Organizations: REUTERS, Globe, Hollywood Foreign Press Association, Eldridge Industries, Golden Globe, Dick Clark Productions, Globes, Eldridge, Penske Media, NBC, Los Angeles Times, Golden Globes, Thomson Locations: Beverly Hills , California, U.S, ANGELES, Los Angeles

☆ Françoise Gilot, artist whose career transcended relationship with Picasso, has died at 101
▼ + stars: | 2023-06-08 | by ( Benjamin Sutton | ) edition.cnn.com time to read: +7 min

Françoise Gilot, a tireless artist who defied simple categorization — and efforts to define her merely as a footnote in the story of her former lover Pablo Picasso — died Tuesday in New York. The early years of her career coincided with World War II and the Nazi occupation of Paris. In 1970, Gilot married her second husband, Jonas Salk, a virologist who developed one of the first polio vaccines. "Paloma à la Guitare" by Francoise Gilot (1965) was part of Sotheby's (Women) Artists Sale in 2021 in London, England. In 2012, Gagosian staged the first exhibition of Gilot’s work alongside Picasso’s, “Picasso and Françoise Gilot: Paris–Vallauris 1943–1953,” which focused on works made during their relationship.

Persons: Françoise, Pablo Picasso —, Aurelia Engel, Gilot, Engel, Madeleine Decre’s, Picasso, Carlton Lake, ”, Picasso’s, Pablo Picasso, Francoise Gillot, Roger Viollet, ” Gilot, —, Claude, Paloma Picasso —, Luc Simon, Paris ’ Galerie Louise Leiris, York’s David Findley, Simon, Engel’s, Jonas Salk, Salk, Paloma, Francoise Gilot, John Phillips, Gerald Joyce, Jonas Salk —, Jonas, Gagosian, “ Picasso, John Richardson, Richardson, John Bright, “, Jacques Chirac, Nicolas Sarkozy, WHYY’s Terry Gross Organizations: The Art, CNN, The New York Times, Paris ’ Galerie, United, Galleria Santo, Galerie Coard, Salk, Salk Institute, Acatos Publishing, New York, Penske Media, Museum of Modern Art, Metropolitan Museum of Art, ville de, New Orleans Museum of Art, National Museum of Women, Arts, of Arts, National Merit, Legion Locations: New York, Paris, Neuilly, Seine, Nazi, Europe, United States, Venice, Dantesca, Turin, Pierre, ”, San Diego , California, Sotheby's, London, England, California, Antibes, ville de Paris, Washington , DC, France

☆ An internal Twitter document reportedly shows ad revenue down 59%, casting doubt on Elon Musk's statement that 'almost all advertisers have come back'
▼ + stars: | 2023-06-05 | by ( Madeline Berg | ) www.businessinsider.com time to read: +3 min

Internal Twitter documents show the platform's ad revenue down 59% year-over-year, The New York Times reported. Growing ad revenue will likely be a top priority for Twitter's new CEO Linda Yaccarino. "Almost all advertisers have come back or said they are going to come back," he told BBC in April. While some of those advertisers have returned, the new report shows that not enough have come back to make up for lost revenue. The problem will be top on the list for new CEO Yaccarino, whose rich advertising background must have appealed to Musk.

Persons: Elon Musk, Linda Yaccarino, Musk, She'll, Isaac Brekken, Yaccarino, — Organizations: New York Times, Morning, Twitter, Elon, The New York Times, Times, BBC, Penske Media, Getty Locations: NBCUniversal

☆ Middle Eastern investors are pouring money into US media, sports, and entertainment — here are the 9 most active players and their key leaders
▼ + stars: | 2023-06-05 | by ( Lucia Moses | Claire Atkinson | ) www.businessinsider.com time to read: +10 min

Investors in Saudi Arabia, Qatar, and United Arab Emirates are pouring money into Western media and entertainment. Sovereign funds and other entities in Saudi Arabia, Qatar, and the UAE are pouring millions into US media and entertainment, and they're finding plenty of takers. The channels for money from Saudi Arabia and other parts of the Middle East are complex. Insider broke down the key entities — their owners, leaders, and high-profile investments and joint ventures — in the top three Middle Eastern nations pouring money into US entertainment and media. It describes itself as the largest media company in the Middle East and North Africa and runs one of the largest TV news channels, Al Arabiya.

Persons: Jamal Khashoggi's, Saudi Crown Prince Mohammed bin Salman, —, WME, Jimmy Finkelstein's, Abu Dhabi's, It's, Yasir Al, Rumayyan, Waleed bin Ibrahim Al Ibrahim, Sam Barnett, Peter Smith —, Christina Wayne, SRMG, Mohammed bin Salman, Alrashid, Johnny Depp, Jeanne du Barry, Sharon Stone, Bruno Mars, Luca Guadanigno, Vince McMahon's, Turki Al, Mohammed bin Abdulrahman bin Dayel, Mansoor bin Ebrahim Al, Mahmoud, Peter Chernin, Nasser Al, Germain, BeIN, Sheikha Al Mayassa bint Hamad, Khalifa Al, Vincent, Asghar Farhadi's Oscar, Nart Bouran, JAF, Jeff Zucker, Graydon Carter's, it's, Semafor, Sheikh Mansour bin Zayed Al Nahyan, Sheikh Mansour, Sultan Ahmed Al Jaber Organizations: United, Sovereign, Saudi, Washington Post, Saudi Crown, Endeavor, UFC, IMI, Abu Dhabi Media Investment Corporation, Public Investment Fund, Saudi Aramco, Newcastle United, English football, PGA, MBC, Shahid, Netflix, Vice Media, Variety, MBC Group's, Antenna Group, Cineflex Studios, NBCUniversal International, Amazon, AMC, Saudi Research, Media, Publicly, Red Sea, Cannes, Penske Media Corporation, Bloomberg Media, Vince McMahon's WWE, country's General Entertainment Authority, Development, Cultural Development Fund, George Washington University, American University . Qatar Qatar Investment, Qatar Investment Authority, Providence, BeIN Media, Paris Saint, Miramax, Paramount, Doha Film, Doha Film Institute, H.E, Hollywood Reporter, United Arab Emirates Abu, Investment Authority, UAE, Abu, Abu Dhabi Investment Authority, Hollywood, Dubai Studio, Dubai Media City, National Geographic, BBC News, International Media Investments International Media Investments, National, CNN, Sky News Arabia, Reuters, JAF Communications, Grid, RedBird Capital Partners, Punchbowl News, New York Times, Manchester City, The, Abu Dhabi National Oil Company Locations: Saudi Arabia, Qatar, United Arab Emirates, UAE, Saudi, East, North Africa, Al Arabiya, Netherlands, Greece, Dubai, Jeddah, SRMG, Riyadh, Doha, Europe, Americas, ViacomCBS, Qatari, Thani, Abu Dhabi

☆ Josef Newgarden Wins Indianapolis 500
▼ + stars: | 2023-05-28 | by ( The Associated Press | ) www.nytimes.com time to read: +1 min

He continued: “But I think a lot of people view this race and this championship with that lens. After the race, Newgarden brought his Chevrolet-powered car to a stop on the front stretch, jumped out and found a hole in the fence, diving into part of the crowd, estimated at more than 300,000, to celebrate. Then, Newgarden climbed the fence to mimic Helio Castroneves, the longtime Team Penske driver and four-time Indy 500 winner. Newgarden, a 32-year-old from Nashville, is the first American to win the Indy 500 since Alexander Rossi in 2016. He led five of the 200 laps and beat Ericsson in the fourth-closest finish in 107 years with a margin of victory of 0.0974 seconds.

☆ Consumer spending trailing consumer sentiment lower. Look at Home Depot
▼ + stars: | 2023-05-16 | by ( Bob Pisani | ) www.cnbc.com time to read: +6 min

Recent consumer sentiment reports have been poor, so it's reasonable to assume the consumer spending backdrop has softened. The company is cutting guidance due to the weaker lumber prices, weather and is also citing "further softening of demand relative to our expectations, and continued uncertainty regarding consumer demand." If we are on the side of the American consumer (I am), then lower lumber prices are good, right? Running shoes are hot. Second case in point: On Holding (ONON), which makes the trendy ON running shoes, is up 94% YTD.

☆ Climate change activists protest at Berlin Formula E race
▼ + stars: | 2023-04-23 | by ( ) www.reuters.com time to read: +2 min

BERLIN, April 23 (Reuters) - Climate change activists delayed the start of an all-electric Formula E race at Berlin's Tempelhof airport circuit on Sunday after they climbed fences and sat in front of cars lined up on the starting grid. Letzte Generation (Last Generation) posted video on Twitter of white T-shirted supporters scaling the wire fence before being carried away by security. A Formula E spokesperson said the protest was "unrelated to the event". read moreBritain's Grand National horse race was delayed by animal rights protesters, with 118 people arrested read more . Twenty five people were also arrested at Saturday's Scottish Grand National.

☆ Big Tech earnings, crucial inflation call — here comes the biggest week of earnings season
▼ + stars: | 2023-04-22 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

Stocks stuck to a holding pattern this week as investors brace for an incoming wave of Big Tech earnings and the Fed's favorite inflation reading. Earnings reports have generally been better than expected so far this first quarter. Humana (HUM) reports before the bell Wednesday; Meta Platforms and Pioneer Natural Resources (PXD) report after the bell Wednesday. ET: Personal Spending & Income (includes PCE Price Index) Club trades this week Just one trade: We added 150 shares of Coterra Energy (CTRA) on Wednesday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Lighting Round: Jack in the Box, Penske Automotive, Marathon Digital
▼ + stars: | 2023-04-18 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLighting Round: Jack in the Box, Penske Automotive, Marathon Digital"Mad Money" host Jim Cramer discusses a host of publicly-traded companies, including Jack in the Box, Penske Automotive, and Marathon Digital.

☆ Generative A.I. can disrupt the news media landscape, says Penske Media's Jay Penske
▼ + stars: | 2023-04-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGenerative A.I. can disrupt the news media landscape, says Penske Media's Jay PenskeCNBC's Andrew Ross Sorkin joins 'The Exchange' from Kiawah Island with George Pyne of Bruin Capital, and Jay Penske of Penske Media, to discuss sports team valuations, ChatGPT's influence on the media industry, and commoditizing intellectual property.

☆ 9 Middle Eastern funds and investors pouring money into US media, sports, and entertainment
▼ + stars: | 2023-04-03 | by ( Lucia Moses | Claire Atkinson | ) www.businessinsider.com time to read: +9 min

Governments and investors in the Middle East are pouring money into Western media and entertainment. Sovereign funds and other entities in Saudi Arabia, Qatar, and the UAE are pouring millions into US media and entertainment, and they're finding plenty of takers. The channels for money from Saudi Arabia and other parts of the Middle East are complex. Insider broke down the key entities — their owners, leaders, and high-profile investments and joint ventures — in the top three Middle Eastern nations pouring money into US entertainment and media. It describes itself as the largest media company in the Middle East and North Africa and runs one of the largest TV news channels, Al Arabiya.

☆ Saudi money is flowing to US media and entertainment, from Live Nation to LIV Golf, 5 years after Jamal Khashoggi's murder: 'The ice has thawed'
▼ + stars: | 2023-04-03 | by ( Claire Atkinson | Lucia Moses | ) www.businessinsider.com time to read: +20 min

Sovereign funds and other entities in Saudi Arabia, Qatar, and the UAE are pouring millions into US media and entertainment. Insider identified some key people connecting Middle East investors with American companies. Saudi Arabia is trying to pitch itself to the world as a cultural and economic reformer and spur tourism. Vince McMahon's WWE has a long-term partnership with the Kingdom of Saudi Arabia, with a major live WWE event there slated for May. Vince McMahon's WWE was one of the first US companies to create unique events in Saudi Arabia.

☆ Saudi money is pouring into Hollywood and media, 5 years after the murder of Jamal Khashoggi. Here's who's cashing in and how.
▼ + stars: | 2023-03-15 | by ( Claire Atkinson | Lucia Moses | ) www.businessinsider.com time to read: +13 min

Sovereign funds and other entities in Saudi Arabia, Qatar, and the UAE are pouring millions into US media and entertainment. Saudi Arabia is trying to pitch itself to the world as a cultural and economic reformer and spur tourism. Even those media players that are comfortable with invetment from the Middle East may not find funds flowing, one Hollywood veteran said. A major live WWE event in Saudi Arabia is slated for May. Of the growing ties between US entertainment and media and Middle East investors, this person added, "Presumably media organizations got into this to help society make better decisions."

☆ A flurry of earnings reports, Fed rate hike, signs of a bull market
▼ + stars: | 2023-02-04 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Earnings season continues next week, with Club holdings Linde (LIN), Emerson Electric (EMR) and Walt Disney (DIS) all set to report. Similarly, shares of Meta Platforms (META) have surged over 20% since CEO Mark Zuckerberg reassured investors Wednesday evening that 2023 would be the technology giant's "year of efficiency." The bull case is further supported by continued signs inflation is easing, a still-robust job market and the breadth of market-buying activity since the start of the year. Lastly on Wednesday, the Fed's Federal Open Market Committee raised the federal funds rate by 25 basis points, in line with expectations. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Earnings and Fed Chair Powell will again drive markets in the week ahead
▼ + stars: | 2023-02-03 | by ( Patti Domm | In | ) www.cnbc.com time to read: +8 min

With few economic releases and the earnings season starting to wind down, an appearance by Federal Reserve Chairman Jerome Powell Tuesday could be among the newsiest events for markets in the week ahead. The Fed chair is speaking at the Economic Club of Washington D.C. at midday Tuesday. If he wanted to walk back anything, he could have done it then," said Art Hogan, chief market strategist at B. Riley. Economists said Friday's surprisingly strong jobs report should encourage the Fed to push forward with planned rate hikes. Earnings, earnings, earnings But there continues to be earnings news.

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