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☆ New basketball league Unrivaled lands star-studded investor lineup, aims to pay highest average salary in women's pro league sports
▼ + stars: | 2024-05-30 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +3 min

A new women's basketball league has attracted a star-studded roster of investors from the media and sports world at a time when ratings and general interest in the WNBA and other professional women's leagues is rising. Unrivaled, the pro women's basketball league founded last year by New York Liberty's Breanna Stewart and Minnesota Lynx's Napheesa Collier of the WNBA, said Thursday that it had closed on a seed funding round ahead of its January launch. Athletes will be given equity in the new league, and Unrivaled said it will also feature contract opportunities that will offer the highest average salary in women's pro sports league history. Many female athletes play in other countries when the WNBA season ends to boost their earnings potential. Unrivaled's season will run from January to March and feature 30 of the top women's basketball players across six teams for a 3-on-3, compressed full court style of play on a soundstage in Miami.

Persons: Napheesa Collier, New York Liberty's Breanna Stewart, John Skipper, Turner, David Levy, Ann Sarnoff, Star Carmelo Anthony, Alex Morgan, David, Skipper, Alex Bazzell, Stewart, Collier Organizations: Minnesota Lynx, New York Liberty, Target, New York, ESPN, Warner Bros, NBA, U.S, soccer, Meadowlark Media, WNBA Locations: Minneapolis , Minnesota, New, Minnesota, U.S, Miami

☆ Cineworld emerges from Chapter 11 bankruptcy
▼ + stars: | 2023-08-01 | by ( ) www.reuters.com time to read: +1 min

Aug 1 (Reuters) - Cineworld Group (CINE.L) said it has emerged from Chapter 11 bankruptcy after nearly 11 months, coming out with lower debt and a new slate of management and board. The world's second largest cinema chain operator behind AMC Entertainment (AMC.N) said it has appointed former Chair and CEO of Warner Bros Ann Sarnoff to its board, along with four other members to join new Chairman Eric Foss and CEO Eduardo Acuna. The movie chain operator and owner of brands such as Regal, Cinema City, Picturehouse and Planet had filed for U.S. bankruptcy in early September to restructure its massive debt. The "New Cineworld" has fixed its balance sheet after cutting debt by $4.53 billion, raising about $800 million in new equity capital and securing new debt financing of about $1.71 billion, the company said. Reporting by Yadarisa Shabong in Bengaluru; Editing by Nivedita BhattacharjeeOur Standards: The Thomson Reuters Trust Principles.

Persons: Warner Bros Ann Sarnoff, Eric Foss, Eduardo Acuna, Foss, Yadarisa, Nivedita Organizations: Cineworld, AMC Entertainment, Warner Bros, Cinema, U.S, Thomson Locations: Cinema City, Bengaluru

☆ Regal cinemas owner Cineworld emerges from bankruptcy
▼ + stars: | 2023-08-01 | by ( Anna Cooban | ) edition.cnn.com time to read: +2 min

London CNN —The owner of Regal cinemas announced Tuesday that it had emerged from Chapter 11 bankruptcy after slashing billions off its debts, just as smash hits “Barbie” and “Oppenheimer” give the movie theater industry a much-needed lift. “Cineworld is ready and fully able to succeed in this dynamic and constantly changing movie theater industry,” chairman Eric Foss said in a statement. (Warner Bros., like CNN, is owned by Warner Bros. Cineworld struggled to stay afloat during the pandemic, when it, along with other cinema chains, was forced to close its movie theaters worldwide. But whether the summer blockbusters will translate into a sustained revival for movie theaters remains to be seen.

Persons: Barbie ”, “ Oppenheimer ”, Eric Foss, Eduardo Acuna, Cineworld “, ”, Ann Sarnoff, Cineworld, Barbie, “ Oppenheimer, Disney’s “ Indiana Jones Organizations: London CNN, Regal, AMC, Cinepolis, Warner Bros, CNN, Warner Bros ., Universal Studios, Hollywood Locations: Cinepolis Americas, United States, ”, Disney’s

One of the really interesting questions here – this will be fascinating – the core of linear TV is sports rights. When you look at the size and scope of the linear TV business, it's huge. Patrick T. Fallon | Afp | Getty ImagesByron Allen, Entertainment Studios founder and CEO: I think linear TV will exist for a very, very long time. Simmons: I believe Apple, out of nowhere, will start making their own awesome televisions that have Apple TV embedded in them. We are witnessing early stages of this dynamic with deals like "NFL Sunday Ticket" on YouTube and the MLS deal with Apple TV.

☆ How Warner Bros. Discovery layoffs, content cuts, and reorganization shocked Hollywood and fired up Wall Street
▼ + stars: | 2023-01-13 | by ( Lucia Moses | Elaine Low | ) www.businessinsider.com time to read: +5 min

David Zaslav has been enjoying a stock runup after Wall Street analysts expressed increased optimism about Warner Bros. Discovery, with much cost-cutting behind it and growth ahead as it plans to launch a new streaming service. AT&T's WarnerMedia merged with Discovery in 2022 in a $43 billion deal, creating a content behemoth combining Warner's HBO, CNN, and famed Warner Bros. film studio with Discovery's lifestyle and reality fare. Read more:A new content strategy that could tarnish crown jewel HBOWBD also looked for savings and revenue by shifting its content strategy ahead of combining HBO Max and Discovery+ into a mega streaming service to launch this spring. WBD shocked entertainment insiders by canceling high-profile projects like "Batgirl" and yanking episodes of shows including "Sesame Street" from HBO Max, and it has made other moves that concerned Hollywood creatives.

☆ 21 Warner Bros. Discovery streaming and content vets who are on the market after layoffs
▼ + stars: | 2022-11-30 | by ( Lucia Moses | Elaine Low | ) www.businessinsider.com time to read: +2 min

A slew of top content and streaming executives exited WarnerMedia after its merger with Discovery. Insider identified 21 respected film, TV, digital, and sales pros who are free agents. They're ones to watch as the media industry continues to figure out its streaming future. Sign up for our newsletter to get the news, trends and strategies that advertising and media pros want to know — delivered weekly to your inbox. The first execs to exit in April were Jason Kilar, CEO of WarnerMedia, Warner Bros. CEO Ann Sarnoff, and other C-suite leaders reporting to them.

☆ 21 streaming and media free agents on the market after Warner Bros. Discovery layoffs
▼ + stars: | 2022-11-23 | by ( Lucia Moses | Elaine Low | ) www.businessinsider.com time to read: +2 min

A slew of top content and streaming executivess exited WarnerMedia after its merger with Discovery. Insider identified 21 respected film, TV, digital, and sales pros who are free agents. They're ones to watch as the media industry continues to figure out its streaming future. Sign up for our newsletter to get the news, trends and strategies that advertising and media pros want to know — delivered weekly to your inbox. The first execs to exit in April were Jason Kilar, CEO of WarnerMedia, Warner Bros. CEO Ann Sarnoff, and other C-suite leaders reporting to them.

☆ How Warner Bros. Discovery's reorganization, content cuts, and layoffs have shocked Hollywood and delighted Wall Street
▼ + stars: | 2022-08-04 | by ( Lucia Moses | Elaine Low | ) www.businessinsider.com time to read: +5 min

Discovery formed in 2022, combining a rich array of properties from Warner Bros. to CNN. David Zaslav has been enjoying a stock runup after Wall Street analysts expressed increased optimism about Warner Bros. Discovery, with much cost-cutting behind it and growth ahead as it plans to launch a new streaming service. AT&T's WarnerMedia merged with Discovery in 2022 in a $43 billion deal, creating a content behemoth combining Warner's HBO, CNN, and famed Warner Bros. film studio with Discovery's lifestyle and reality fare. WBD shocked entertainment insiders by canceling high-profile projects like "Batgirl" and yanking episodes of shows including "Sesame Street" from HBO Max, and it has made other moves that concerned Hollywood creatives.

☆ (video) Warner Bros îşi va lansa toate filmele din 2021 simultan în streaming și în cinematografe
▼ + stars: | 2020-12-04 | by ( Onixmedia Srl | ) diez.md time to read: +4 min

Jeff Bock, analist specializat în sectorul cinematografic și care lucrează pentru compania Exhibitor Relations, consideră că anunțul de joi al studioului Warner Bros reprezintă „cel mai mare seism pe care industria filmului l-a cunoscut vreodată”. „Warner a executat un viraj strâns, care ar putea să schimbe această industrie pentru totdeauna” a adăugat același expert. „Trăim într-o perioadă fără precedent, care ne impune să dăm dovadă de creativitate pentru a găsi soluții”, a declarat CEO-ul Warner Bros, Ann Sarnoff, prezentând decizia anunțată joi de studioul hollywoodian. Ea se va aplica în perioada următoare doar în Statele Unite, întrucât serviciul de streaming HBO Max nu este disponibil în acest stadiu în alte țări, unde filmele din catalogul Warner Bros vor fi lansate în mod obișnuit, în cinematografe, anul viitor. Lansat în luna mai, serviciul HBO Max este așteptat în anumite țări din America Latină și din Europa în al doilea semestru al anului 2021.

Persons: HBO Max, Jeff Bock, Warner, Ann Sarnoff, Crăciun, Frank Herbert, Denis Villeneuve, Paul Atreides Organizations: Warner Bros, HBO, AGERPRES, Warner, hollywoodian, SF omonim Locations: Statele Unite, Hollywood, America Latină, Europa, New York, Los Angeles

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