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Amazon is phasing out its free-to-watch streaming service Freevee as insiders speculate about potential layoffs in the tech giant's entertainment arm. The phaseout comes as three Amazon insiders told BI they believe MGM Studios could soon be hit by layoffs as the company looks to cut costs. Amazon already cut hundreds of jobs across Prime Video and MGM Studios teams earlier this year. It stopped greenlighting new Freevee originals and had been moving some Freevee employees to other parts of MGM Studios. It also competed for resources with Prime Video and created brand confusion with some viewers.
Persons: Freevee, Bosch, Judy Justice, Lauren Anderson, James Marsden Organizations: Amazon MGM Studios, FAST, MGM Studios, Amazon, Video, Fox, Prime
Liberty Media announced Wednesday that it's spinning off most assets besides Formula One auto racing into a separate publicly traded company, called Liberty Live, and that CEO Greg Maffei is stepping down at year-end. After the split, Liberty Media will hold Formula One, which Liberty acquired in 2016 and later spun out as a tracking stock, and MotoGP, upon the closing of that transaction. The Liberty Media and Liberty Live split is expected to be completed in the second half of 2025, and the sale of Liberty Broadband to Charter is projected to be completed in mid-2027. "Following today's announcements at Liberty Media and Liberty Broadband, all the Liberty acquisitions completed during my tenure are now in structures where shareholders can have more direct ownership in their upside," Maffei said in a separate release. He's chairman of the board of Liberty Media, Liberty Broadband and Liberty Global.
Persons: Greg Maffei, John Malone, Malone, Chris Marangi, it's, It's, Quint, Maffei, He's, Discovery — Organizations: Liberty Media, Formula, Liberty, Liberty Media . Liberty, Gabelli, MotoGP, Live Nation Entertainment, Communications, Liberty Broadband, Liberty Live Group, Charter, Warner Bros, Discovery, Liberty Global, TCI, AT Locations: Manhattan, Liberty
Sean "Diddy" Combs' private aircraft appears to be available to charter. The Gulfstream G550, known as LoveAir, is also listed for sale, Combs' attorneys said. AdvertisementSean "Diddy" Combs' luxe private jet is seemingly available to charter while the disgraced music mogul sits in jail. The Gulfstream G550, known as LoveAir, appears to be available to rent through Silver Air, a private jet charter company based in Southern California. An aircraft of the same model and tail number is listed on the private jet marketplace Victor, with Silver Air noted as the operator.
Persons: Sean, Diddy, Combs, , Victor Organizations: Gulfstream G550, Service, luxe, Silver Air, Southern California . Federal Aviation Administration, LoveAir LLC, Victor, Silver, Liberty Jet, Diageo, Star Locations: Brooklyn, Southern California, Polynesia, New Zealand, San Francisco , Los Angeles, Baja, Mexico, Los Angeles
South Korean actor Song Jae-lim dead at 39
  + stars: | 2024-11-12 | by ( Yoonjung Seo | ) edition.cnn.com   time to read: +3 min
Seoul, South Korea CNN —South Korean actor Song Jae-lim, a former model who rose to prominence in K-dramas, was found dead in Seoul on Tuesday. A police official told CNN that no evidence of foul play was found at the scene, and a note was discovered in the apartment. “Our initial investigation so far, has revealed no signs of criminal activity,” police told CNN. South Korean stars paid tribute to Song following the news of his death. How to get help Help is available if you or someone you know is struggling with suicidal thoughts or mental health matters.
Persons: Song Jae, lim, Song, , Rose De Versailles, … Jae, lim …, Park Ho, san, Hong Seok, cheon, , Moon bin, Sulli, SHINee’s Kim Jong, hyun Organizations: South Korea CNN — South, Seoul Seongdong police, CNN, , ” Police, International Association for Suicide Prevention, Befrienders, Entertainment Locations: Seoul, South Korea, , South
Live Nation Entertainment — Shares jumped 5% after the live music and entertainment company posted an earnings beat for the third quarter. Twilio — Shares moved 1.7% higher following an upgrade at Wells Fargo to overweight from equal weight. IAC — Shares rose 3% on news that IAC its weighing a spinoff of home improvement marketplace Angi. Shares rose more than 4% last week on the heels of the president-elect's victory. SentinelOne — Shares rose 1.6% after Deutsche Bank upgraded shares to buy from hold, saying the July outage related to CrowdStrike can help add to SentinelOne's momentum.
Persons: Elliott, Twilio, bitcoin, Robinhood, Microstrategy, Okta, — CNBC's Hakyung Kim, Michelle Fox, Lisa Han, Sarah Min, Jesse Pound Organizations: Honeywell —, Elliott Management, Honeywell, Aerospace, Automation, IAC, Trump Media & Technology, Deutsche Bank Locations: Wells
Skyworks reported adjusted earnings of $1.55 per share, while analysts polled by LSEG had forecast $1.52 per share. Analysts polled by LSEG expected a profit of 22 cents per share on revenue of $844 million. Rocket Lab forecasted fourth-quarter revenue of $125 million to $135 million, besting the Street's estimate for $122 million, per LSEG. Flutter reported third quarter adjusted earnings of 43 cents per share on revenue of $3.25 billion. That topped the Street's estimates for 10 cents per share in earnings and revenue of $3.07 billion.
Persons: Skyworks, LSEG, Cava, Maplebear —, Fred Imbert, Darla Mercado Organizations: Spotify Technology, Spotify, Occidental Petroleum —, Occidental Petroleum, Volkswagen Group, Rocket
Shopify's $2.16 billion revenue beat a FactSet estimate of $2.12 billion. Live Nation Entertainment — The live music and entertainment company gained 4% after posting a third-quarter earnings beat. On the other hand, revenue of $7.65 billion missed the $7.75 billion analysts had forecasted. Sea — Shares surged 1.7% after the tech company reported a third-quarter revenue beat. Mosaic — Shares slid 9% after the chemicals company reported disappointing quarterly results.
Persons: Twilio, Wells, Wells Fargo, Donald Trump's, SentinelOne, Tyson, StreetAccount, On's, FactSet, Mosaic, Clint Freeland, Luciano Siani Pires, Scott Strazik, Strazik, Donald Trump, — CNBC's Michelle Fox, Alex Harring, Hakyung Kim, Jesse Pound, Pia Singh Organizations: Entertainment, Honeywell, Elliott Management, Aerospace, Automation, IAC, Trump Media & Technology, Deutsche Bank, Tencent, Shift4 Payments, GE, Financial Locations: , Swiss
Shopify shares popped more than 25% in Tuesday morning trading after the Canadian e-commerce company posted better-than-expected revenue for the third quarter and gave an optimistic forecast for the holiday shopping season. Revenue: $2.16 billion vs. $2.12 billion expected by LSEGShopify said it expects revenue in the current quarter to grow at at a percentage in the mid- to high-twenties. That surpassed Wall Street's expectations of 22.8% for revenue growth, according to FactSet. Shopify sells software for merchants who run online businesses as well as services such as advertising and payment processing tools. Shopify shares are up about 45% year to date.
Persons: LSEG Shopify, FactSet, Gross, Harley Finkelstein, Vera Bradley, Hanes, Finkelstein, Jeff Hoffmeister Organizations: Walmart, Lionsgate Entertainment, Reebok, Nasdaq
We had a great time on our trip together, and both of us needed it more than we realized. Courtesy of Terri PetersMy mother-in-law and I have different interests: I love reading and Taylor Swift, and she loves watching British detective shows, for example. We had great conversations and made lasting memoriesThe author and her mother-in-law enjoyed their time in Silver Dollar City. Courtesy of Terri PetersMy mother-in-law lost her husband in March 2022, and in March 2023, one of her three adult sons also died. I didn't realize I needed a getaway with just my mother-in-law, either.
Persons: , I've, I'm, we've, Joe Cafe, Terri Peters, Taylor Swift, Branson, she's, — she's Organizations: Service, Silver Dollar Locations: Branson , Missouri, Branson, Branson .
Goldman Sachs is a leading investment bank for corporate dealmaking and trading, and its partners represent less than 1% of roughly 46,000 employees. On average, Goldman's newest partners have spent 16 years rising in the ranks, the bank said last week. "It's like a wedding and birthday wrapped up in one amazing moment that you keep reliving," one new partner said. Here's a glimpse inside the big day of nine of Wall Street's up-and-coming executives, including what they did to mark the occasion. Related storiesI happened to be stepping into a meeting with the Arthur Miller Foundation — an amazing nonprofit that supports theater teachers in schools across NYC and beyond — just as John called.
Persons: Goldman Sachs, David Solomon, , revel, John Waldron, Wall, Rob Barlick, Robert Barlick, Goldman Sachs David, It's, that's, Lyla Bibi, Bibi Goldman Sachs, Bracha Cohen, Marco Argenti, I've, Matt Doherty, Matt Doherty Goldman Sachs, David, Kristin Olsen, Marc Nachmann, Shane Lee, Vishaal Rana, Goldman Sachs David Solomon, Aaron Siegel, Aaron Siegel Goldman Sachs, Hayley, Arthur Miller, John, , Craig Smart, Craig Smart Goldman Sachs, Kristin, Marshall Smith, Sylvia Yeh, Sylvia Yeh Goldman Sachs, Reed Alexander Organizations: Partners, Service, Valley Bank, GS, Goldman Sachs Asset Management, Arthur Miller Foundation, Goldman Locations: Valley, Florida, America, New York, New York City, , Goldman Sachs
FIFA must halt the process to pick Saudi Arabia as hosts of the 2034 World Cup unless major human rights reforms are announced before the vote next month, Amnesty International and the Sport & Rights Alliance (SRA) have said. A combined bid of Morocco, Spain and Portugal is the sole bid for 2030, while Saudi Arabia is the lone bidder for 2034. Amnesty and the SRA said they had evaluated the human rights strategies proposed by the bidding countries and concluded in a new report that neither bid adequately outlined how they would meet the human rights standards required by FIFA. “FIFA is implementing thorough bidding processes for the 2030 and 2034 editions of the FIFA World Cup,” a FIFA spokesperson said. However, it narrowly failed to win a seat on the United Nations Human Rights Council last month.
Persons: Steve Cockburn, Amnesty’s, , , Hammad Albalawi, Cockburn, ” Cockburn Organizations: FIFA, Amnesty International, Sport & Rights Alliance, FIFA Congress, Amnesty, ” FIFA, Saudi, Britain’s Guardian, United Nations Human Rights Locations: Saudi Arabia, Morocco, Spain, Portugal, Australia, New Zealand, United States, Mexico, Canada, Brazil, Kingdom, Saudi, Qatar, Gulf
“Venom: The Last Dance” is looming over the domestic box office in its third weekend of release. As a result, overall domestic box office revenues remain down more than 11% from 2023 and nearly 27% from 2019, according to Comscore. “Heretic,” featuring “Notting Hill” star Hugh Grant playing against type as a villain, notched third place with $11 million from 3,221 venues. The well-reviewed family film has endured at the box office with minimal week-to-week drops (this weekend was down only 11%), earning $130.2 million domestically and $292 million worldwide so far. Ticket sales declined 52% from its soft $5 million debut, bringing the Robert Zemeckis-directed film to $9.3 million domestically.
Persons: , , Hill, Hugh Grant, Sophie Thatcher, Chloe East, Grant, Critics, David A, Gross, Dallas Jenkins, Judy Greer, Pete Holmes, Lauren Graham, Tom Hardy, Eddie Brock, ” Gross, Dwayne “, ” Johnson, Paramount’s “, ” “, Tom Hanks, Robin Wright, Robert Zemeckis, Ralph Fiennes, Paul Dergarabedian Organizations: Rotten, Entertainment Research, Sony Pictures, Everett, Universal, DreamWorks, Miramax, Sony Locations: Hollywood, North America, New York
Quick tip: New episodes of Yellowstone aren't currently on Paramount Plus or Peacock in the US. The short, possibly frustrating answer is that new episodes of Yellowstone aren't on Paramount Plus or Peacock in the US (but Paramount Plus does have the new episodes in Canada and the UK). The show airs on the Paramount Network, not CBS or Showtime, so Paramount Plus doesn't carry any episodes of Yellowstone. Additionally, Yellowstone is on Paramount Plus in the UK and Canada, which might be the source of some confusion, in addition to the name similarity between the Paramount Network cable channel and the Paramount Plus streaming service. For the most up-to-date and comprehensive information on viewing new episodes of Yellowstone, check our detailed guide on where to watch Yellowstone.
Persons: Yellowstone, you've, we've, . Peacock, you'll, Peacock, We'll, Taylor Sheridan's, Philo Organizations: Business, Paramount Plus, Paramount Network, Yellowstone, Paramount, DirecTV, CBS, Showtime, Tulsa King, Apple, Sling Locations: Montana, USA, Yellowstone, Canada, ., Kingstown, Tulsa
When Omarni Webb decided she wanted to get a master's degree, she was determined not to go into debt. Webb completed a master's degree in marketing in Sweden and later worked as a data analyst. I figured that having a master's degree would give me an edge because I would know how to design clothes and market them. I looked at Columbia and New York University but soon realized that I couldn't afford to go to either, even if I got accepted. I had gotten through college with no debt and wanted to do the same for my master's degree.
Persons: Omarni Webb, Webb, , Pell Grant, TJ Maxx, I'm, Erin Organizations: Ikea, Service, Fashion Institute of Technology, Citadel, New York University, NYU's Stern School of Business, Mälardalen University, Stockholm University, Marvel Locations: Sweden, Manhattan, New York, Columbia, Burlington, Marshalls, Västerås, Stockholm, Brooklyn, London, Europe, Germany, Estonia, Denmark, Finland, Paris
Tuesday Home Depot is set to report earnings in the premarket. What history shows: Data from Bespoke Investment Group shows Home Depot has beaten earnings expectations for 17 straight quarters. What history shows: Live Nation shares have risen after the last four earnings releases, per Bespoke. What history shows: Disney has not done well following the last two releases, losing 4.5% and 9.5%, respectively. Applied Materials is set to report earnings after the open.
Persons: LSEG, Michael Lasser, Morgan Stanley, Walt Disney, Michael Morris Organizations: Depot, Disney, CNBC, UBS, Home, Investment Group, Consumer, VanEck Semiconductor
Despite cutting ties, it appears that fans will see Kevin Costner in the new episodes of "Yellowstone." AdvertisementOver the last year, Kevin Costner made it clear that he had cut ties with "Yellowstone." Will Kevin Costner appear in the second half of "Yellowstone" season 5? Kevin Costner's character wasn't expected to appear in the episodes, given his highly-publicized fallout with creator Taylor Sheridan. Why did Kevin Costner leave "Yellowstone"?
Persons: Kevin Costner, Taylor Sheridan, , John Dutton, Costner, It's, Will Kevin Costner, he'd, Costner's, Will Kevin Costner's, John, Kevin Costner's, Sheridan, Frederick M, Brown, it's, Reilly, Hauser, Puck Organizations: Service, Paramount Network, Hollywood Reporter, MTV Entertainment Studios, Business, Paramount, Hollywood Locations: Yellowstone, Sheridan
These "Wicked" collaborations cross the spectrum from apparel, accessories, footwear, beauty and costumes all the way to home decor, toys and even one-of-a-kind cars. Universal 's theatrical retelling of the famed Broadway musical is creating buzz ahead of its Nov. 22 release with hundreds of merchandise offerings from dozens of retail partners. "Barbie" painted the town pink in 2023, and now "Wicked" is upping the ante by adding a splash of green. The report, which surveyed 2,000 adults in the U.S., also determined that fandom collaborations and partnered releases are most successful among niche super-fandoms. What could also drive demand is the fact that these merchandise collaborations are limited-time only.
Persons: Barbies, Betty Crocker, it's, Evan Hanson Organizations: Walmart, Mattel, Lexus, Gershwin, Broadway, Retailers, Universal, Hollywood Locations: New York City, U.S
It was a reminder for an Usher concert in Dallas on October 5, synced with her Ticketmaster account. Live Nation, worth about $28 billion as of November 8, has a tight grip on the live-entertainment industry. The Live Nation executive recommended Ticketmaster account holders have a unique password not used for any other platforms. AdvertisementShe figured she would have to rebuy tickets, she added, so was surprised and pleased when Ticketmaster reinstated the tickets. People protesting outside the US Capitol the morning of a Senate Judiciary Committee hearing about the merger of Ticketmaster and Live Nation in 2023.
Persons: concertgoers, , Jasmine McKenzie, McKenzie, who's, Taylor Swift, Mika City, Don Toliver's, Floyd George, Floyd George ", City, Usher, didn't, hadn't, it's, Swift, Drew Angerer Organizations: Ticketmaster, BI, Service, Justice Department, DOJ, Live, Business, CBS News, Better Business Bureau, BBB, Capitol, Oasis, City Locations: Vashti, Dallas, Los Angeles, Nashville, Charlotte, North Carolina, Grand Prairie , Texas, Houston, North America, United Kingdom
Their televised trial, which captured the brothers recounting the alleged abuse in grim and graphic detail, ended when the jury could not reach a verdict. After a second trial, the siblings were convicted of first-degree murder and sentenced to life without the possibility of parole. The siblings fatally shot their parents, they testified, after Lyle confronted Jose about his brother’s abuse. When Lyle threatened to expose his father, he testified, Jose appeared to threaten him and his brother. Gascón also said his office was also reviewing a petition from the brothers that challenges their convictions.
Persons: Erik, Lyle Menendez, Jose, Kitty Menendez, Beverly Hills Kitty, Lyle, , he’d, Kitty, Jose Menendez, George Gascón, Gascón, Nathan Hochman Organizations: Beverly Hills Police, Prosecutors, NBC, Angeles Locations: Beverly, Los Angeles, Beverly Hills, Israel, Angeles County, L.A . County
Erik and Lyle Menendez no longer pose a public safety risk and have paid their debt to society, Gascón told reporters. Menendez brothers, Erik, left, and Lyle at their Beverly Hills home in November 1989. Ronald L. Soble / Los Angeles Times via Getty Images fileJuan Mejia, now a head deputy for the Los Angeles County District Attorney’s Office, raised another concern. From left to right; Erik Menendez with his attorney, Leslie Abramson and Lyle Menendez in Los Angeles, Calif on March 9, 1994. Myung Chun / Los Angeles Times via Getty Images fileWhen they committed their crimes, Gascón said, they were younger than 26.
Persons: Erik, Lyle Menendez, , Pamela Bozanich, , Menendez, Chance, Kitty Menendez, George Gascón —, , Gascón, it’s, José Menendez, gunning, Lyle, Ronald L, Juan Mejia, Mejia, Lyle’s, ” Mejia, Dateline ”, resentencing, they’ve, Nathan Hochman, Hochman, Les Zoeller, who’d, Zoeller, Erik Menendez, Leslie Abramson, Ted Soqui, Ted, they’d, Bozanich, ” Bozanich, , , Ann Wolbert Burgess, Mark J, Terrill, Jose, he’d, ” Gascón, They’ve, George Gascón, Myung Chun, Mark Geragos, Andy Cano, Kitty, Jose Menendez, NBC “ I’ve, Andy Organizations: NBC News, Los Angeles, “ Dateline, Beverly Hills, Los Angeles Times, Getty, Los Angeles County, Attorney’s Office, Dateline, Incoming, Angeles, Beverly, Rolex, Porsche, Court, Netflix, , NBC, Attorney’s Locations: Los, Los Angeles County, Angeles County, Los Angeles, Calif, San Diego, ’ ”, Van Nuys, California
A growing group of Chinese travelers are now turning to extreme forms of transportation for their vacations. They call themselves “iron butt” travelers – inspired by the amount of time they spend traveling on uncomfortable seats that make flesh start to feel like metal. Iron butt travel lets me visit more places for less money,” another self-identified “iron butt” traveler, 27-year-old Peng Fei, told CNN. But that doesn’t mean he and his fellow “iron butt” travelers have to compromise the fun. Now, though, iron butt travelers are redefining – or perhaps gentrifying – this form of travel.
Persons: Hong Kong CNN — Lin En, Lin, isn’t, Lin En, Peng Fei, , , I’d, , Lin En's,  Lin En, Peng, “ I’ve, They’re Organizations: Hong Kong CNN, CNN, Tibet Autonomous, United Arab Emirates Locations: Hong Kong, Xinjiang, China’s, Astana, Kazakhstan’s, China, Kazakhstan, Laos, Kunming, Huay, Thailand, Myanmar, megacities, Beijing, Shanghai, Lhasa, Tibet, Tibet Autonomous Region, Guangzhou, Central Asia, Europe, Turkey, Armenia, Georgia, Uzbekistan, Tibet Autonomous, Egypt
President-elect Donald Trump has carried Nevada over Vice President Kamala Harris in the presidential race, NBC News projects. Trump announced the proposal at a Las Vegas campaign rally in June. Harris visited Las Vegas several times, too, after she became the Democratic nominee in the summer. Trump won Nevada after six Republican “fake electors” were indicted last year on forgery charges over their alleged submission of fake certificates to Congress declaring Trump the winner in the state four years ago. Nevada relies heavily on mail-in voting, which Trump and Republican allies railed against in the 2020 election and since.
Persons: Donald Trump, Kamala Harris, Trump, Hillary Clinton, Joe Biden, — Trump, Joe Lombardo —, Republicans hadn’t, Harris, , Democrat Aaron Ford Organizations: NBC, White, Trump, Republican Party, Republican, GOP, Republicans, Las Vegas, Culinary Union, Democratic, Nevada, Democrat Locations: Nevada, Las Vegas
Author Minda Harts said that stars like Issa Rae inspire her as she steps into Hollywood. Harts, whose debut novel was recently adapted into a short film, said that networking is key to her success. That book led to a short film adaptation, an upcoming psychological thriller about the workplace starring "The Proud Family" actor Kyla Pratt as Harts. Like Rae, Harts wants to diversify her portfolio. If we all can ask ourselves that in every part of the production process, then I think we'll have a more equitable Hollywood," Harts said.
Persons: Minda Harts, Issa Rae, Harts, it's, , Kyla Pratt, Rae, Marla Aufmuth, Valeisha Butterfield, Johnny Nunez, WireImage Harts, Dalvin Adams Harts, Reese Witherspoon, Witherspoon, Daisy Jones, She's, Reese Organizations: Hollywood, Service, YouTube, America, Seed Media, Arts Productions, Texas Conference, Women Locations: Vegas, Hollywood, Harts
In an election season in which both parties sought out any possible edge, Democrats clung to one seemingly clear-cut advantage: Celebrities including Taylor Swift and Bruce Springsteen broke hard for that party, even as voters did not. The result was a split-screen of American celebrity — two sets of famous people for two halves of the country. But by and large, the biggest names in entertainment said Vice President Kamala Harris should be elected to the nation’s highest office. Ms. Harris was decisively defeated on Tuesday, despite the backing of a megastar like Beyoncé. “America is tired,” wrote Albert Pennachio, an independent voter who lives in Statesville, N.C. “And we don’t care what celebrities think anymore.”
Persons: Taylor Swift, Bruce Springsteen, Donald J, Trump, Kanye, Mel Gibson, Jon Voight, Kamala Harris, Harris, , Albert Pennachio Locations: America, Statesville, N.C
"Yellowstone" season five returns this week after a two-year hiatus. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "Disclaimer," the mystery-thriller from Oscar winner Alfonso Cuaron, wraps up this week, as does the HBO series "The Penguin." Here's a complete rundown of all the best movies, shows, and documentaries to stream this weekend, broken down by what kind of entertainment you're looking for.
Persons: , Taylor, megahit, Oscar, Alfonso Cuaron Organizations: Service
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