Disney Entertainment CFO heads to Warner Music
CFO Dive
SEPTEMBER 20, 2023
Bryan Castellani’s exit from Disney follows significant turmoil at the company, including a massive layoff and senior leadership changes.
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CFO Dive
SEPTEMBER 20, 2023
Bryan Castellani’s exit from Disney follows significant turmoil at the company, including a massive layoff and senior leadership changes.
CFO News Room
JANUARY 8, 2023
World Wrestling Entertainment — Shares advanced 9.7% Chief Brand Officer and TV Personality of WWE, Stephanie McMahon delivers her keynote address at the opening of Sports Matters in conjunction with All That Matters 2016 in Singapore on September 14, 2016. Roslan Rahman | AFP | Getty Images.
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The entertainment firm may be looking to lean on Hugh Johnston’s financial chops as it fends off challenges from activist investors and looks to bolster drooping streaming results.
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Disney’s restructured content strategy comes as the company faces legal battles, a changing entertainment environment and the impact of AI.
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Deborah Thomas will retire as CFO for the global toy and entertainment company following a 24-year tenure at the firm.
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Hunter Paletsas will take the organization’s financial reins as the media and entertainment industry deals with major challenges including inflation, the ongoing writers strike and the impact of generative AI.
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The recent troubles in entertainment, though, reflect a longer term disruption that has occurred in the business, with the rise of streaming as an alternative to the traditional platforms for movies and television shows.
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Shares of AMC Entertainment more than quadrupled today as investors continue their buying spree on heavily shorted stocks. AMC Entertainment – AMC Entertainment shares dipped about 3% a day after CEO Adam Aron tweeted that he asked the company’s board to freeze his 2023 pay and urged other executives to forgo salary bumps.
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JUNE 21, 2022
Adams, formerly CFO of The Cosmopolitan of Las Vegas, will take the financial helm for theme park and entertainment firm SeaWorld. Michelle F.
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AMC Entertainment (AMC) – AMC Entertainment rose 1.2% Check out the companies making headlines before the bell: Tesla (TSLA) – Tesla gained 1.6% in the premarket in a volatile session, following a seven-day losing streak and declines in ten of the past eleven sessions. He also urged other top AMC executives to do the same.
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JANUARY 7, 2023
World Wrestling Entertainment — The wrestling entertainment stock surged nearly 17% after WWE announced that founder Vince McMahon is returning to its board of directors and that the company is exploring strategic moves. February 28, 2020. Courtesy of Duane Tanouye via REUTERS.
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DECEMBER 7, 2022
Dave & Buster’s Entertainment — Dave and Buster’s stock shed more than 4% despite the company posting solid quarterly revenue on Tuesday. Toll Brothers posted home sales revenue that was better than Wall Street expectations, according to Refinitiv. versus the comparable period in 2021.
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Madison Square Garden Entertainment — Shares rose more than 2% after Morgan Stanley upgraded the stock to equal weight from underweight. The stock may also be under pressure from the Digiday report about Netflix returning some advertiser money.
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NOVEMBER 9, 2022
AMC Entertainment — Shares dropped 9.8% SeaWorld Entertainment — The stock fell 8% after the company reported weaker-than-expected earnings or $1.99 after the company reported another quarterly loss as operational costs increased. However, the company lost less per share than expected and beat the Wall Street forecast for revenue.
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NOVEMBER 8, 2022
Dave & Buster’s Entertainment – The restaurant and entertainment stock rose 2% following Deutsche Bank’s upgrade to buy from hold. JPMorgan cut its price target o n Carvana Tuesday, and Morgan Stanley pulled its rating and price target for the stock on Friday. .
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The article claimed that the Securities & Exchange Board of India (SEBI) had apparently "found a discrepancy of more than USD 240 million in the accounts of Zee Entertainment Enterprises Ltd" In response to a query, Aggarwal said no question of truth as a defence could arise as SEBI had not rendered any finding against ZEEL.
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AMC Entertainment — Common shares of the theater chain fell by more than 7% after AMC announced a shareholder meeting in March for a potential change to its capital structure. The move in Ford comes after Tesla said earlier this month it would trim prices to counteract dwindling demand. The stock advanced 1.8%.
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Entertainment systems, wireless networks, technologies that send information back to earth without intervention and position broadcasts are some of the complex digital infrastructure on commercial airliners.
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AUGUST 14, 2020
AMC Entertainment Holdings announced this week that it “expects to open approximately two-thirds of its more than 600 U.S. Movie chains face an uphill battle – not just against COVID paranoia, but also against the entertainment conglomerates that are moving on their turf with streaming sizzle. theater locations” by Sept.
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DECEMBER 24, 2024
The National Financial Reporting Authority (NFRA) has fined Deloitte Haskins & Sells LLP Rs 2 crore for lapses in auditing Zee Entertainment Enterprises Ltd during 2018-19 and 2019-20. Additionally, penalties and audit bans were imposed on two chartered accountants involved in the audit.
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JULY 3, 2023
The Sebi action came after ELP represented Subhash Chandra and Punit Goenka, founder-promoters of Zee Entertainment (ZEE) in the securities appellate tribunal (SAT).
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JULY 24, 2020
For example, it has made adjustments to the pandemic like switching the New Jersey mall from 55 percent entertainment and 45 percent retail to 70 percent entertainment and 30 percent retail, according to CNBC. “We I think when [the pandemic] is over, people will be so stir crazy.
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SEPTEMBER 12, 2020
After all, homes now function not only as shelters, but also as offices, schools, entertainment centers and dining establishments. The first part tends to be a little more entertaining. As for their new Netflix show, each episode is divided in half to feature two clients. New Home-Centric Shopping Trends.
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Consumers have cut back on travel, in-person entertainment and restaurant spend. Credit card balances have been severely impacted by the COVID-19 pandemic as consumers have slowed purchases, especially on travel and entertainment. Here’s the scenario. They have paid down their credit cards.
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MARCH 20, 2023
Sundresh declined to entertain Torrent's contention seeking stay on the NCLAT order and issued notice on its plea and fixed the matter for further hearing in August. The Supreme Court on Monday declined to stay the National Company Law Appellate Tribunal's (NCLAT) order to hold a second round of auction for RCap assets.
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Consumers today are looking for new avenues of at-home entertainment as many continue to lay low during the ongoing pandemic. While video streaming services remain popular, research indicates more consumers are also turning to online gaming and gambling platforms. Deep Dive: Guarding Gaming Platforms Against Online Fraud.
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Facebook's Super, according to an unnamed source quoted by Bloomberg, will allow creators, entrepreneurs and entertainers to host live events where viewers can tip them to appear in the video and ask questions or take a selfie. Cameo was valued at $300 million in mid-2019, Bloomberg reported, citing Axios.
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MARCH 25, 2020
The companies more exposed, such as air transport, travel, hotels and restaurants, bars, entertainment, cinemas, theatres, trade fairs, etc. When business is more strained, working capital requirements and needs higher, treasury is the necessary lifeline. This health crisis will have serious economic consequences.
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MARCH 25, 2020
The companies more exposed, such as air transport, travel, hotels and restaurants, bars, entertainment, cinemas, theatres, trade fairs, etc. When business is more strained, working capital requirements and needs higher, treasury is the necessary lifeline. This health crisis will have serious economic consequences.
PYMNTS
AUGUST 28, 2020
Concerts, sports and awe-inspiring entertainment remain on our horizon.” . “While the immediate future remains uncertain, I truly believe that the challenges we face today are not permanent,” Hornbuckle wrote. The fundamentals of our industry, our company and our communities will not change.
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NOVEMBER 21, 2022
A performer dressed as Mickey Mouse entertains guests during the reopening of the Disneyland theme park in Anaheim, California. Bloomberg | Bloomberg | Getty Images. Check out the companies making headlines in midday trading.
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OCTOBER 13, 2020
AMC Entertainment Holdings Inc. The parent of AMC Theatres says it's on track to run out of cash by early 2021 at the latest. wrote in a "current report" filed on Tuesday (Oct. 13) with the federal Securities and Exchange Commission (SEC): ".given
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JANUARY 13, 2023
More vacations and entertainment, and fewer renovations and home improvements (and much less “cocooning”) have nothing to do with FOMC rates. Increased Russian oil production to fund their stumbling invasion is also helping. All of this is visible in the chart above courtesy of BofA Global Research.
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Eventually, the idea formed of a massive outdoor festival that combines not just wealth and investing but technology and culture, and entertainment. We began brainstorming with John and Matt and their team. Do it outside on the beach with bands and music and information and fun! Javitz Center?
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DECEMBER 28, 2020
Entertainment will be critical when cars drive themselves," Musk tweeted Monday. The report cited a Tesla hacker, who claimed to have found evidence following a software update. The leak, announced on Twitter Saturday (Dec. 26), also showed that Amazon Music, Amazon’s Audible and Apple Music could be on the horizon.
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Caesars Entertainment — Caesars shares gained 2.5% Net income was flat year over year despite a stronger dollar weighing on the company’s bookings. EA also said the newest FIFA game is outperforming the 2022 version over its first four weeks. after the company beat analysts’ top- and bottom-line estimates for its latest quarter.
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