Business

The Walt Disney Co. initially took heat for not taking a public position on Florida’s so-called “don’t say gay” bill — and now they are under fire for doing just that. Others studios, though, have largely steered clear of the furor in the Sunshine State. NBCUniversal, with its rival theme park presence in Orlando, has
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Kristina Schake, who has led the Biden administration’s Covid vaccination education efforts and previously served as communications director for First Lady Michelle Obama and later in a top role in Hillary Clinton’s presidential campaign, is joining The Walt Disney Co. as its lead spokesperson. Schake will report to Geoff Morrell, the company’s chief corporate affairs
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NBCUniversal and investment partner Atairos have paid $293 million for a 30% stake in fabled country music brand the Grand Ole Opry and a cluster of related Nashville-based live entertainment and assets. The Opry’s home, Ryman Auditorium, is known for hosting the Country Music Awards. It is a cornerstone of Opry Entertainment Group, the division
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The government has decided to push ahead with plans to privatise Channel 4. Ministers have concluded, following a consultation, that while the broadcaster is “currently performing well” its public ownership is “holding it back in the face of a rapidly-changing and competitive media landscape”, a government source said. A spokesperson for Channel 4 said it
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“We’re going to be keeping people’s names out of our mouths,” said Grammys host Trevor Noah during his hopening monologue to maybe his biggest laugh line and huge applause. Ironically, if Noah is good to his word, it may be the last time he mentions the fracas. Shortly thereafter Questlove, whose Summer of Soul Oscars
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The government is preparing to nationalise Gazprom’s British supply arm within days amid a stand-off between the Russian state-controlled energy firm and a Wall Street banking giant. Sky News has learnt that ministers are drawing up plans to take Gazprom Marketing & Trading Retail (GM&T) into public hands if it fails to reassure financial counterparties
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Estelle Harris, who played George Costanza’s (Jason Alexander) mother Estelle on the iconic NBC sitcom Seinfeld, died Saturday evening of natural causes in Palm Desert, California, just weeks before her 94th birthday. “It is with the greatest remorse and sadness to announce that Estelle Harris has passed on this evening at 6:25pm,” her son Glen
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Lee Daniels and Mo’Nique again demonstrated that they’ve moved on from their longtime feud on Friday night, with the former crashing a New York comedy event put on by his Precious star, and teasing their upcoming collaboration on the Netflix film, Demon House. “I am so sorry for hurting you in any way that I
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Redbox, which went public via a SPAC last year, said it will lay off 150 employees, about 10% of its workforce. In an SEC filing, the company said “a number of potential strategic alternatives with respect to the company’s corporate or capital structure.” The “ongoing adverse effects” of Covid are to blame for the measures,
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The government’s business misconduct watchdog has launched criminal and civil probes into P&O Ferries, adding to pressure on the embattled company. The move comes two weeks after P&O Ferries sacked nearly 800 workers and replaced them with lower-paid crew, a decision that the government called illegal. Business Secretary Kwasi Kwarteng confirmed on Friday afternoon that
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