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☆ I felt stuck in banking, so I quit to start a $2 million tech company without any experience. Here's how I knew it was time to transition into something better.
▼ + stars: | 2023-07-21 | by ( Robin Madell | ) www.businessinsider.com time to read: +10 min

He launched his own tech business and recommends all potential founders learn about sales. I was more comfortable failing at that point in my life than working a job that I thought wasn't realizing my potential. What worked for me was making a list of other people who've been really successful networkers after first studying them by reading articles or listening to podcasts. Back when I was in college, I wish I knew that college is more about networking than learning. With this strategy in mind, if you think you're going to start a business, then college isn't needed, in my opinion.

Persons: Daniel Fayle, Fayle, It's, it's, —, We're, who've, Brian Grazer, you've, isn't, They've, Jenna Gyimesi Organizations: Warner Brothers, Nike

☆ Brands are pouring money into film and TV — meet 13 marketers making the biggest moves as Hollywood's new financiers
▼ + stars: | 2023-07-21 | by ( Lucia Moses | ) www.businessinsider.com time to read: +10 min

It's not just Barbie — lots of big brands are getting serious about making Hollywood-style entertainment. Insider identified 13 new and established players making the biggest moves in the space. "Barbie" may be the movie of the summer, but lots of other big brands are getting serious about making Hollywood-style entertainment. Neutrogena: Neutrogena Studios launched in 2021 and is J&J Consumer's first brand-funded content studio to make feature documentaries and scripted shorts. PepsiCo: PepsiCo's Content Studio is led by veteran PepsiCo marketer Lou Arbetter.

Persons: It's, Ron Howard, Brian Grazer's, Oscar, Michael Sugar, Brian Newman, REI, Michael Sugar's, Jae Goodman, Lauren Denowitz, Coke, Brian Grazer, Ron Howard's, Selman Careaga, John Deere, Mara Downing, Al Roker, Jill Wilfert, Ryan Gosling, Margot Robbie, Barbie, Ken, Jaap Buitendijk, Robbie Brenner, J.J, Abrams, Lena Dunham, Barney, Daniel Kaluuya, J, Sebastian Garcia, Laurie Hernandez, Matt Damon, Ben Affleck's, Entertainment —, Justin Biskin —, Howard, Lou Arbetter, Max, Robert Rodriguez, Nadia Hallgre, Stanley Nelson, Arbetter, Procter, Kimberly Doebereiner, Paolo Mattola, Kyra Sedgwick, Watiti, Saint Laurent, Anthony Vaccarello, Saint, Pedro Almodóvar, Ethan Hawke, Pedro Pascal, it's, Paolo Sorrentino, David Cronenberg, Kelly Mullen, Bryce Dallas Howard, Lena Waithe, WePresent, Holly Fraser, Moses Sumney, Solange Knowles, Riz Ahmed, Aneil, Fraser Organizations: Hollywood, Procter, Gamble, Companies, Brands, Unilever, InBev, Waffle Iron Entertainment, draftLine Entertainment, Netflix, Coca Cola, Entertainment, Global, Deere, Warner Bros, Warner Brothers, Universal Studios, Mattel, Neutrogena Studios, Studio, Kerry, Seattle Film, Ghetto Film, HBO Nike, Nike, Waffle, Apple, HBO, PepsiCo, Pepsi Super, Showtime, Pepsi, G Studios, Imagine, Amazon's, Hulu, Paramount, Blue Fox Entertainment, Saint Laurent Productions, Unilever Entertainment, Imagine Entertainment, Monotype Locations: Hollywood, Kerry Washington, American, Cannes, Britain

☆ 3 ways the Barbie movie could drive more upside for Mattel stock as weekend box-office projections top $150 million
▼ + stars: | 2023-07-21 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

The "Barbie" movie could drive material upside for Mattel stock, according to Goldman Sachs. The bank increased its Mattel price target to $24 as estimates suggest more than $150 million in ticket sales this weekend. These are the three reasons why Goldman expects the movie to drive financial upside for Mattel. These are the three factors that could help Mattel benefit from the potential success of the "Barbie" movie. A bonus reason exists for Mattel stock to benefit from the "Barbie" movie, and that's the possibility of Mattel licensing more of its intellectual property for content creation, according to the note.

Persons: Goldman Sachs, Goldman, Margot Robbie, Barbie, Ryan Gosling, Ken, Christopher Nolan's, Oppenheimer, Warner Brothers, Mattel, Stephen Laszczyk, Laszczyk, J.J . Abrams Organizations: Mattel, Service, Privacy, BoxOffice Pro, Rotten Locations: Wall, Silicon, America

☆ Netflix is trumpeting its password crackdown – but tougher times lie ahead for the streaming pioneer
▼ + stars: | 2023-07-20 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

Despite the jump there could be tough times ahead for the streaming pioneer. The streamer added just under 6 million subscribers in the second quarter, it said in an earnings report Wednesday. It's no surprise Netflix is focusing on that increase, but there's the very real prospect of tougher times ahead for Netflix. Hollywood strikes, which have seen both actors and writers take to the picket lines, also means more uncertainty for Netflix. Wednesday's results showed revenue rising by a paltry 2.7% in the second quarter, falling short of Wall Street's expectations.

Persons: Emily Organizations: Netflix, Disney, Comcast, Paramount, Warner Brothers Discovery, Apple, YouTube Locations: Paris

☆ Here are Tuesday's biggest analyst calls: Apple, Alphabet, Pinterest, Netflix, Amazon, Nvidia & more
▼ + stars: | 2023-07-18 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Tuesday's biggest calls on Wall Street: Jefferies reiterates Apple as buy Jefferies said it's expecting a "quiet quarter" when the company reports earnings Aug. 3. Wells Fargo reiterates Netflix as overweight Wells said it's bullish heading into the company's earnings report Wednesday. Jefferies reiterates Alphabet as buy Jefferies said it's bullish heading into Alphabet earnings next week. Bank of America downgrades Lumentum to neutral from buy Bank of America called the stock an "overstated" AI beneficiary. JPMorgan reiterates Amazon as overweight JPMorgan said the e-commerce giant is its top pick heading into earnings. "

Persons: Jefferies, it's, Wells, Truist, Piper Sandler, Dave, Buster's, Piper, Bernstein, Goldman Sachs, Goldman, Max, Roth, Uber, Roth MKM, it's bullish, Morgan Stanley, Evercore, Marvell, Williams Deutsche, Sherwin Williams, JPMorgan Organizations: Apple, Netflix, Argus, Warner Brothers Discovery, Citi, Polaris Citi, 2Q, Bank of America, Nvidia, American Express, Digital, Marvell Technology Inc, Global, Inc, Deutsche Bank, Sherwin, JPMorgan Locations: capex

CNN —British actor Julian Sands, known for his work in shows like “24” and movies like “A Room with a View” and “The Killing Fields,” has been found dead after going missing in the San Gabriel mountains in Southern California in January, investigators announced Tuesday. (From left) Julian Sands, John Malkovich in 1984's "The Killing Fields." Human remains were found in the area where they had been searching for Sands last week. It’s infantilising.”Sands was married to journalist and author Evgenia Citkowitz, whom he wed in 1990, according to the profile in The Guardian. Sands also had a son from a previous marriage, the profile said.

Persons: Julian Sands, ”, John Malkovich, Warner, “, Julian, Sands, “ Julian, ” Sands, Peter Capaldi, ” Julian Sands, Evgenia Citkowitz Organizations: CNN, San Bernardino County Sheriff’s Department, Warner Brothers, Everett, Sands, Guardian, Craven Herald, Pioneer, Fox Locations: British, San Gabriel, Southern California, San Bernardino County, Sands, Mt, Baldy, Mount Baldy, ”, LA, Las Vegas

☆ The Rather Surreal World of Barbie’s Body Double
▼ + stars: | 2023-06-22 | by ( Alexis Benveniste | ) www.nytimes.com time to read: 1 min

Emma Eastwood had just changed out of Barbie’s tight pink jumpsuit at the Warner Brothers studio in London when she learned she had landed her most high-profile role yet: Barbie’s body double. She had set her expectations low after they twice rescinded offers for her to be an extra, she said. The 26-year-old actress, who grew up in San Francisco and now lives in London, had mostly worked on commercials, music videos and short films. Her role in “Barbie” marked her first time as a body double. She woke up before sunrise, and by 6 a.m., she was on a minibus that transported her to the studio.

Persons: Emma Eastwood, Greta Gerwig’s, “, ” Ms, Eastwood, “ Barbie ” Organizations: Warner Brothers Locations: London, San Francisco

LONDON, June 16 (Reuters) - Britain's ITV (ITV.L) is "actively exploring the possible acquisition" of production company All3Media, it said on Friday after Reuters reported the broadcaster's interest. One of Britain's leading independent production companies, All3Media is owned by Warner Bros Discovery (WBD.O) and Liberty Global (LBTYA.O). Sources told Reuters in a story released on Thursday that Warner Brothers could sell its All3Media holding while Liberty Global could retain a stake in a merged entity, which would comprise ITV Studios and All3Media. Speaking generally about its finances, ITV in March said that it had accessible funds of more than 1 billion pounds, comprising cash and undrawn debt facilities. In a potential deal, ITV would combine All3Media with the Studios business it has built to offset more volatile revenue from its advertising-dependent TV channels and new ITVX streaming service.

Persons: Kate Holton, William James, David Goodman Organizations: ITV, Reuters, Warner Bros Discovery, Liberty Global, Warner Brothers, ITV Studios, Thomson

Liberty Global could retain a stake in the merged entity, which would comprise ITV Studios and All3Media, the person said. Spokespeople for ITV, All3Media, Warner Bros. and Liberty Global declined to comment. Discovery and Liberty Global bought All3Media in 2014 for an enterprise value of about 550 million pounds. In a potential deal, ITV would combine All3Media with the Studios business it has built to offset more volatile revenue from its advertising-dependent TV channels and new ITVX streaming service. ITV Studios, which makes reality show "Love Island", grew revenue by 19% to 2.1 billion pounds and adjusted earnings by 22% to 259 million pounds in 2022.

Persons: Spokespeople, Amy, Jo Crowley, Paul Sandle, Elisa Martinuzzi, Hugh Lawson Organizations: ITV, Warner Bros Discovery Inc, Liberty Global, Warner Brothers, . Liberty Global, ITV Studios, All3Media, Reuters, Liberty, Warner Bros, JPMorgan, Discovery, Thomson

☆ Janitors who lost jobs during WGA strike join picket line
▼ + stars: | 2023-06-15 | by ( Natasha Chen | ) edition.cnn.com time to read: +3 min

CNN —Several hundred janitors marched to join writers on the picket line outside Sony Pictures and Amazon Studios Thursday, as some custodial staff have lost their jobs while productions are halted. The union did not have an estimate for impacts on custodial workers in other major filming hubs like Georgia and New York. “Several businesses anecdotally already started cutting staff,” Klowden said. “Then does it become permanent?”Klowden noted the dry cleaners, caterers, “Star Wagons,” restaurants, and custodial staff. The Motion Picture Association told CNN that in 2021, the film and TV industry supported 822,000 direct jobs, while supporting a total of 2.4 million jobs.

Persons: Natalia Lopez, “, We’re, ” Lopez, it’s, ”, David Huerta, Rebekah Kohler, they’ve, aren’t, Stagehand Amanda Winter, “ Janitors, they’re, ” Winter, Kevin Klowden, Klowden, ” Klowden Organizations: CNN, Sony Pictures, Amazon Studios, SEIU United Service Workers, Paramount Studios, SAG, SEIU, Netflix, Warner Brothers Discovery, WGA, Milken Institute, Association Locations: Los Angeles, Georgia, New York, Culver City, Hollywood, California

☆ Harry Potter park in Tokyo hopes to enchant Asian fans
▼ + stars: | 2023-06-14 | by ( ) www.reuters.com time to read: +1 min

Studio Tour Tokyo - The Making of Harry Potter' during a press preview before it officially opens to the public on June 16, 2023, in Tokyo, Japan June 14, 2023. REUTERS/Issei KatoTOKYO, June 14 (Reuters) - Harry Potter fans will soon be able to take up their wands, put on their robes and immerse themselves in the boy wizard's world at a new theme park set to open in Tokyo on Friday. Built on the western site of the beloved Toshimaen amusement park, which shut in 2020 after 94 years, the Warner Brothers Studio Tour Tokyo recreates a number of iconic film locations, such as Diagon Alley and the Ministry of Magic. Studio Tour Tokyo. "Being the first tour in Asia and the increasing inbound visitors to Japan will also put us in the centre of the regional market," Jensen told media during a tour of the park, saying it offered Asian fans a new dimension in Harry Potter movie-making.

Persons: Harry Potter, Issei Kato TOKYO, Torben Jensen, Jensen, Irene Wang, Elaine Lies, Clarence Fernandez Organizations: Warner Bros, REUTERS, Warner Brothers Studio, Ministry of Magic, Thomson Locations: Tokyo, Japan, Asia

☆ Parts of the market are overbought — but these 4 stocks are still discounted, says top strategist
▼ + stars: | 2023-05-26 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

The S & P 500 is up nearly 8% so far this year, and there are signs that certain sectors and stocks are overbought. Now's a good time to be making some changes to your portfolio, Dave Sekera, chief U.S. market strategist at Morningstar, told CNBC's " Squawk Box Asia " on Wednesday. Discounted stocks Though some parts of the market are already in overbought territory, Sekera said some stocks that Morningstar is bullish on are still trading at a discount to its fair value estimates. As for banks, he named Charles Schwab , which he said is trading at about a 25% discount to Morningstar's fair value estimates. Lithium producer Lithium Americas is trading at a 54% discount to Morningstar's fair value estimates, while U.S. automotive supplier BorgWarner is at a 41% discount.

☆ ‘Class of ‘09’ Review: Imagining the FBI’s AI Dilemma
▼ + stars: | 2023-05-10 | by ( John Anderson | ) www.wsj.com time to read: 1 min

Brian Tyree Henry Photo: FX NetworksHollywood and its offspring have cozied up to the FBI—often to their mutual satisfaction—since “G-Men” of 1935. Under fire for its catalog of gangster films, Warner Brothers simply flipped the script: James Cagney went from public enemy to federal investigator, J. Edgar Hoover ’s infant agency got the star treatment, and the studio looked righteous while raking it in. Class of ’09 Begins Wednesday, HuluYes, the relationship has had its ups and downs—suspicions, infidelities, trial separations. But there’s always a reunion, with the FBI being portrayed as an agency in which wayward people are an aberration, and the stalwart agents of fiction keep the faith. It may be a problematic symbiosis, but it never seems to totally collapse, not even in “Class of ’09.”

☆ Opinion: From Woody Woodpecker to Mickey Mouse
▼ + stars: | 2023-04-30 | by ( Richard Galant | ) edition.cnn.com time to read: +13 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. The term is credited to animator Walter Lantz, the creator of Woody Woodpecker. “While I would love to see a progressive in the White House, I am terrified of another Donald Trump presidency. Mickey Mouse warBill Bramhall/Tribune Content Agency“President Franklin Roosevelt launched a war against the Great Depression,” noted Julian Zelizer. “Women still have less access to the internet, with men being 21% more likely to be online than women globally.

☆ Here are Monday's biggest analyst calls: Apple, Amazon, Chipotle, Ford, Disney, Nvidia, Sunrun & more
▼ + stars: | 2023-04-24 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

"We upgrade ALLY to Neutral (from Underperform) and raise our PO to $28 from $24, implying ~8% upside potential." Goldman Sachs reiterates Apple as buy Goldman said in its Apple earnings preview note that "solid iPhone demand to offset Mac weakness." Wells Fargo names Disney a top pick in media Wells said in a note on Monday that Disney is the "best opportunity in media." JPMorgan reiterates Ford & General Motors as overweight JPMorgan said in an earnings preview note that it's standing by both automakers heading into earnings tomorrow for GM and next week for Ford . Mizuho initiates Tencent Music Entertainment as buy Mizuho said in its initiation of the China music company that the stock has upside potential. "

☆ Here are Friday's biggest analyst calls: Apple, Nvidia, First Republic, Whirlpool, Meta, FedEx & more
▼ + stars: | 2023-03-17 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Friday's biggest calls on Wall Street: JPMorgan upgrades Chubb to overweight from neutral JPMorgan said the insurance company is defensive. CFRA upgrade Whirlpool to buy from hold CFRA said in its upgrade of the stock that shares are attractive. Citi initiates Bumble as buy Citi said the dating app continues to take market share. Citi reiterates Nvidia as buy Citi said it's bullish on Nvidia's adoption of AI. Citi reiterates Meta as buy Citi said it likes Meta's improved operating leverage. "

☆ Three-Stock Lunch: CB, WBD & BMBL
▼ + stars: | 2023-03-17 | by ( ) 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 EmailThree-Stock Lunch: CB, WBD & BMBLScott Nations, Nations Indexes president, joins ‘Power Lunch’ to discuss three stocks: Chubb, Warner Brothers Discovery and Bumble.

☆ I quit my retail job last year, and now I attend exclusive red carpets and get paid up to $10,000 to promote movies
▼ + stars: | 2023-03-08 | by ( Samantha Delouya | ) www.businessinsider.com time to read: +4 min

Amanda Castrillo is a 26-year-old who quit her retail job last year to pursue a career in content creation. Castrillo gets paid up to $10,000 per promotional post on TikTok and landed her dream job at Paramount. As my TikTok page started gaining followers, I realized I could attend red-carpet events and movie premieres. The breaking point came when I got Covid-19: my retail job asked me to come back "as soon as possible" instead of taking the required days off to quarantine, and I realized that was not okay. In February 2022, I officially left retail without another job lined up.

☆ S.Africa's MultiChoice and Comcast to create Africa-wide streaming service
▼ + stars: | 2023-03-02 | by ( ) www.reuters.com time to read: +1 min

JOHANNESBURG, March 2 (Reuters) - Africa's biggest pay TV company, MultiChoice Group (MCGJ.J), said on Thursday it had entered into an agreement with U.S.-based media conglomerate Comcast (CMCSA.O) to create a pan-Africa video streaming platform. The new streaming service, which will be built on MultiChoice's streaming platform Showmax, will be 70% owned by the company, it said. While MultiChoice has the biggest market share in pay TV in Africa, it has been struggling to penetrate deeper with Showmax due to competition from Netflix (NFLX.O), Amazon's (AMZN.O) streaming service and Disney (DIS.N). With the streaming companies now training their guns on sports rights in Africa, MultiChoice is being threatened in a market in which it has been a leader. The new streaming service will combine MultiChoice's accelerating investment in local content with an extensive pipeline of international content licensed from NBCUniversal and Sky, the company said.

☆ It takes more than content to compete in streaming, says Needham's Laura Martin
▼ + stars: | 2023-02-27 | by ( ) 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 EmailIt takes more than content to compete in streaming, says Needham's Laura MartinLaura Martin, senior media analyst at Needham, joins 'The Exchange' to discuss Netflix expanding into sports, the bull case for Warner Brothers Discovery and valuation potentials in streaming.

☆ Shareholder votes offer check on unjustified CEO pay at S&P 500 companies, study finds
▼ + stars: | 2023-02-16 | by ( Ross Kerber | ) www.reuters.com time to read: +3 min

Feb 16 (Reuters) - Compensation for S&P 500 (.SPX) chief executives has soared in recent years even as investors cast more of their advisory "Say on Pay" votes against management, leading to doubts about the ballots' usefulness. Discovery's total shareholder return for 2021 was minus 22%, versus a gain of 29% for the S&P 500. Warner Brothers Discovery, created last year when Discovery Inc bought AT&T's (T.N) media assets, has not set the frequency of its pay votes. To rank CEOs as "overpaid," As You Sow used criteria including shareholder returns, critical shareholder pay votes and the ratio of CEO to worker pay. It noted the average share of votes cast "against" executive pay at S&P 500 companies climbed to 12.6% last year, from 11.7% in 2021 and 10.4% in 2020.

☆ I made nearly $2 million in 2 years selling my nursing-school study notes on Etsy and TikTok — here's how
▼ + stars: | 2023-02-03 | by ( Jen Glantz | ) www.businessinsider.com time to read: +8 min

Stephanee Beggs, 28, started posting her study sheets on TikTok while in nursing school. She plans to keep her day job and loves that her influencer work ties back to her hospital job. It's also humbling and exciting seeing how many people have gravitated toward my TikTok videos and study sheets. My approach to TikTok is organized and strategicWhen I first started posting on TikTok, I didn't have much of a strategy or direction. Once my study sheets started selling on Etsy, I decided to come up with a game plan of how to continue to monetize my audience.

☆ Here are Tuesday's biggest analyst calls: Apple, Disney, Target, AMD, Tesla, Coinbase, Amazon & more
▼ + stars: | 2023-01-24 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are Tuesday's biggest calls on Wall Street: Morgan Stanley reiterates Apple as overweight Morgan Stanley said it's standing by it's overweight rating on Apple shares heading into earnings on Feb. 2. Bernstein reiterates Apple as market perform Bernstein said it's "ambivalent" about Apple shares heading into earnings next month. Bernstein downgrades Advanced Micro to market perform from outperform Bernstein said it's concerned about a deteriorating PC market. Morgan Stanley upgrades Marathon Oil to overweight from neutral Morgan Stanley said Marathon Oil has "peer-leading FCF and shareholder returns." Morgan Stanley reiterates Ford as overweight Morgan Stanley said it sees opportunity for Ford to "to exercise its self-help muscle."

☆ Mario Gabelli says investing environment will be better in 2024, but he's finding value stocks to buy
▼ + stars: | 2023-01-11 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Veteran investor Mario Gabelli said the market will remain somewhat challenging until 2024, but that doesn't mean there aren't any cheap stocks to buy right now. "There'll be a terrific 2024; the outlook is pretty bright," Gabelli said Wednesday on CNBC's " Squawk Box ." Gabelli said he also finds Warner Bros Discovery attractive. "When I look at Warner Brothers that's dropped from $27 before they close that a deal with AT & T." WBD 1Y mountain Warner Bros Discovery Warner Bros Discovery has gotten some love on Wall Street this week. The Wall Street firm said it remains bullish on the long term potential and views the current risk/reward as "highly attractive."

☆ Here are Tuesday's biggest analyst calls: Apple, Exxon, Amazon, Boeing, Spotify, Microsoft & more
▼ + stars: | 2023-01-10 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Morgan Stanley downgrades Boeing to equal weight from overweight Morgan Stanley downgraded the stock mainly on valuation. Morgan Stanley names Taiwan Semiconductor a catalyst driven idea Morgan Stanley said it's bullish heading into the semiconductor company's earnings later this week "Comments on 2023 full-year guidance and semi cycle recovery are keys to watch. Morgan Stanley resumes Virgin Galactic as equal weight Morgan Stanley resumed coverage of the space flight company and says it has first mover advantage. Morgan Stanley reiterates Spotify as overweight Morgan Stanley said Spotify has several levers to pull and that it's a self-help story. JPMorgan reiterates Apple as overweight JPMorgan said it appears that iPhone lead times are moderating for Apple.

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