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The Latest Breaking News from Entertainment

Korea’s Hybe Completes Purchase of 14.8% Stake in Rival SM

Hybe, the South Korean entertainment company behind K-pop sensation BTS, said Wednesday that it has completed its acquisition of a 14.8% stake in rival SM Entertainment, making it SM’s largest single shareholder. The acquisition was finalized even as SM Entertainment accused Hybe staging a hostile takeover to control the firm…

Asharq Al-Awsat

Korea's Hybe completes purchase of 14.8% stake in rival SM

Hybe, the South Korean entertainment company behind K-pop sensation BTS, says it has completed its acquisition of a 14.8% stake in rival SM Entertainment, making it SM’s largest single shareholder

The Independent UK

1 Entertainment Stock to Watch Right Now and 2 to Avoid

Despite the macro issues, consumer spending on entertainment services remained stable, especially in the digital space. While we think investors might consider adding quality entertainment stock Comcast (CMCSA) to their watchlist now, Walt Disney (DIS) and Dolphin Entertainment (DLPN) could be best avoided. Keep reading.

StockNews.com

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Disney got ‘The Simpsons’ and ‘Avatar.’ But some now see the Fox deal as a mistake

LOS ANGELES — Will history judge Walt Disney Co.'s $71.3 billion purchase of 21st Century Fox a success?

Los Angeles Times

Volodymyr Zelenskyy went from comedian to icon of democracy. This is how he did it

As Russia launched its full-scale invasion of Ukraine, expectations were low for Ukraine's president. But Volodymyr Zelenskyy has confounded both his allies and his enemies with his performance.

WEKU

ITV's Dancing On Ice flooded with complaints over 'poor taste' announcement

ITV's Sunday night entertainment show Dancing on Ice has been hit with complaints

Wales Online

Ruling party seeks to turn nightlife 'bribes into tax'

Chaiwut Thanakamanusorn, deputy leader of the ruling Palang Pracharath Party, has proposed the state relax rules on entertainment places and alcohol sales to raise tax and get rid of bribes.

Bangkok Post

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Vince McMahon is asking $9 billion for his wrestling empire

Vince McMahon is looking to get as much as $9 billion in a potential sale of World Wrestling Entertainment Inc., the company he returned to run this year, according to people familiar with his thinking.

Tribune News Service

New this week: Hanks, Lambert, 'Bruiser' and 'Snowfall'

This week’s new entertainment releases include the arrival of a new Dierks Bentley album, the unveiling of Sony’s PlayStation VR2 virtual reality headset and Tom Hanks landing on video on demand as a despondent and ornery widower in “A Man Called Otto."

The Independent UK

Barstool Sports is acquired by Penn Entertainment

Penn Entertainment Inc. has closed on its acquisition of Barstool Sports

The Independent UK

Ant and Dec to show behind the scenes of Saturday Night Takeaway in new documentary

The hour-long ITV documentary will chart the highs and lows of creating the prime-time entertainment show and is set to air later this year

Chronicle Live

The 45 best Netflix shows to watch in August 2024

TechRadar delivers its round-up of the best Netflix shows, including Supacell, Ripley, and Scavengers Reign.

TechRadar

Bord Gais Energy Theatre developer proposes new €25 million Docklands music and festival space

The docks would be remade into an entertainment venue with a capacity twice the size of his Vicar Street venue, a boat repair facility. and a 40,000sq ft open space for markets and festivals

Dublin Live

Disney+ Could Be Changing Its Marvel Plan: Here’s What Viewers Should Know

One of the keys to the success of The Walt Disney Company (NYSE: DIS) over the years may be its acquisition of Marvel Entertainment, which was announced in 2009

Zenger

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Belfast Live

Páirc Nua Chollann in West Belfast to receive outdoor entertainments licence

Report says "noise generated by outdoor concerts is likely to lead to some level of disturbance for local residents"

StockNews.com

1 Gaming Stock to Help Level up Your Portfolio in 2023

The Gaming industry witnessed a slight slowdown in 2022 after two years of pandemic-fueled growth. However, mobile gaming company Playtika’s (PLTK) average DPUs stood at 3.4% in the third quarter. Moreover, the company has maintained its revenue and adjusted EBITDA guidance for fiscal 2022. Thus, it could be wise to…

The Times of India

Aditya Rawal on parents Paresh Rawal and Swaroop Sampat: Being their son, I relied on their astute guidance but never expected them to launch me - Exclusive

Despite being the son of talented actors like Paresh Rawal and Swaroop Sampat, Aditya Rawal never expected his parents to provide him everything on a silver platter. The budding actor-writer has been trying his best to carve his own path in the entertainment industry, and his recent performance as an…

Chicago Tribune

Chicago Bears finalize deal to buy Arlington Heights site for a new stadium, but issues remain before ground is broken

The Chicago Bears embarked on a new era Wednesday with the purchase of a site in Arlington Heights where the team hopes to build a new enclosed stadium with a massive entertainment and residential development.

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Chicago Sun-Times

Chicago Bears buy Arlington Heights property for possible stadium

The team said it has completed its purchase of the 326-acre site for $197.2 million as it continues negotiations for state and local tax subsidies.

Bangkok Post

AWC unveils remaking of riverside

Developer Asset World Corp Plc (AWC) plans to build new riverfront projects near its flagship Asiatique open-air mall, starting with an investment of 800 million baht to refocus the riverside complex as an entertainment hub.

StockNews.com

2 Gaming Stocks Worth Your Attention and 1 That's Not

Growing penetration of smartphones and advanced technologies such as 5G, Augmented reality (AR), Virtual Reality (VR), and metaverse keep the gaming industry poised for perpetual growth even in the post-pandemic world. While it could be wise to invest in fundamentally strong gaming stocks Playtika Holding Corp. (PLTK) and SciPlay Corporation…

Los Angeles Times

It’s not just Disney: Hollywood slashes jobs as streaming bubble pops

LOS ANGELES — Walt Disney Co. Chief Executive Bob Iger said last week that the Burbank company will be slashing 7,000 jobs as the firm’s streaming efforts continue to lose money and the wider economy wallows through a downturn.

StockNews.com

1 Entertainment Stock to Own in 2023 and 2 to Sell if You Haven’t Already

The entertainment industry has been under pressure due to macroeconomic headwinds. Moreover, the industry is struggling amid the ad recession, which is marring growth. However, the industry’s long-term prospects look bright as it is evolving with new technologies. While we think fundamentally strong entertainment stock AMC Networks (AMCX) might be…

Asharq Al-Awsat

Saudi Arabia’s GEA to Host 1st Entertainment Forum in Mideast

The General Entertainment Authority (GEA), in partnership with the International Association of Amusement Parks and Attractions (IAAPA), will organize the International Entertainment Forum on March 5-8, the Saudi Press Agency reported. Considered the first of its kind in the Middle East, the forum will have a number of panel sessions…

Bangkok Post

2023 Thailand Mobile Expo to be a carbon neutral event

Wave Entertainment Plc, which specialises in facilitating carbon credit trade, has joined hands with Wave BCG Co, an event organiser, to make Mice (meetings, incentives, conventions and exhibitions) businesses "carbon neutral" events, starting with the 2023 Thailand Mobile Expo.

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