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Paramount delays $35M settlement with Trump as media giant fears bribery backlash: sources
New York Post· 2025-06-19 14:24
Core Viewpoint - The potential $35 million settlement of President Trump's lawsuit against Paramount's CBS affiliate is delayed due to management's concerns over legal repercussions, impacting broader negotiations related to a significant merger with Skydance [1][4][5]. Group 1: Settlement Negotiations - Settlement discussions are ongoing, with both parties considering a $35 million deal, which represents a 30% reduction from the initial $50 million sought by Trump's legal team [6][10]. - Paramount's management is hesitant to agree to any settlement amount that could be perceived as a bribe, especially given the implications for the $8 billion merger with Skydance [5][12]. - The Trump legal team has maintained its bargaining position, indicating that they are not close to settling for the proposed $35 million [6][7]. Group 2: Legal Context and Implications - The lawsuit alleges that CBS News' "60 Minutes" program edited an interview with Kamala Harris in a biased manner ahead of the 2024 presidential election, raising concerns about regulatory approval for the merger [8][21]. - The Federal Communications Commission's approval of the merger is seen as contingent on resolving the lawsuit, although Trump’s representatives deny any connection between the two issues [5][12]. - If a settlement is not reached by October, the case may escalate significantly, potentially voiding the merger agreement with Skydance [22]. Group 3: Financial Stakes and Management Concerns - Shari Redstone, Paramount's controlling shareholder, stands to gain up to $2 billion from the sale to Skydance, but the ongoing lawsuit complicates this potential windfall [9][11]. - Redstone has recused herself from negotiations due to personal financial interests, which has added to the management's reluctance to settle [12]. - The financial pressures on Redstone include a looming tax bill related to her late father's estate, which could amount to hundreds of millions of dollars [23].
Authentic Holdings Inc. Partnership with Swerve TV Debuts with Highly Successful 'Ring of Combat' Live Broadcast
Globenewswire· 2025-06-18 17:41
MORRISTOWN, N.J., June 18, 2025 (GLOBE NEWSWIRE) -- via IBN – Authentic Holdings, Inc. (OTC PINK: AHRO) today announced a landmark licensing agreement between one of its wholly-owned subsidiaries, Maybacks Global Entertainment, LLC, https://www.maybackstv.com/ and Swerve TV https://swerve.tv/ which has been validated by a highly successful inaugural live broadcast. The partnership's first event, a live stream of the legendary "Ring of Combat" promotion from the Tropicana in Atlantic City this past Friday J ...
Lottery.com Appoints Acclaimed Actor and Director Tamer Hassan as President of Sports.com Studios
Globenewswire· 2025-06-17 19:25
Core Insights - Lottery.com Inc. has appointed Tamer Hassan as President of Sports.com Studios, a new content division focused on sports-related films and programming [1][3][4] - Hassan has over 25 years of experience in international film and television, known for roles in notable productions [2] - The new division aims to develop and distribute compelling sports-focused content, marking a significant step in Sports.com's expansion into entertainment media [3][5] Company Developments - Tamer Hassan's leadership is expected to enhance the creative and strategic direction of Sports.com Studios [3][4] - The division is currently in pre-production on several projects, including a documentary series about a major British football club [4] - The initiative reflects the company's strategy to blend sports, cinema, and storytelling, aiming to inspire global audiences [5] Leadership Statements - Matthew McGahan, Chairman & CEO, praised Hassan's unique qualifications and connection to sports, emphasizing the potential for powerful content creation [4] - Hassan expressed enthusiasm for merging the worlds of sport and film to create authentic narratives for fans [5]
Kojiki (Performance) | Kotan 鼓淡 | TEDxAwaji
TEDx Talks· 2025-06-17 16:15
Feel the pulse of ancient Japan with Kojiki, an electrifying taiko drum performance by members of Kotan Taiko, based on Awaji Island. With powerful rhythms and synchronized movement, this high-energy showcase draws inspiration from Japan’s oldest legends, bringing the spirit of the Kojiki to life through the thunderous beat of traditional drums. Kotan is a Japanese Taiko Drum group, that was created as a regional revitalization project on Awaji Island. 「鼓淡」は淡路島を拠点に活動する若者で構成された太鼓集団。 地方創生、文化創造の理念のもと、日々練習に励んでい ...
Lottery.com Executives Share Growth Strategy at FIFA Club World Cup US Kickoff
Globenewswire· 2025-06-17 15:30
Lottery.com Leadership at FIFA Club World Cup’s U.S. kickoff From left to right: Matthew McGahan, Lottery.com Chairman and CEO; Dennis Wise, Sporrts.com Ambassador; Marc Bircham, Lottery.com director. Rose Bowl Empty Rose Bowl being prepped for Paris Saint-Germain vs. Atlético Madrid match Paris Saint-Germain vs. Atlético Madrid match Paris Saint-Germain vs. Atlético Madrid match held at the Rose Bowl FORT WORTH, Texas, June 17, 2025 (GLOBE NEWSWIRE) -- Lottery.com Inc. (NASDAQ: LTRY, LTRYW) (“L ...
Dominari Securities Serves as Exclusive Placement Agent to SRM Entertainment on a $100 Million Equity Investment
Prnewswire· 2025-06-17 12:30
- SRM Launches TRON Treasury Strategy NEW YORK, June 17, 2025 /PRNewswire/ -- Dominari Holdings Inc. (Nasdaq: DOMH) today announced that its wholly owned subsidiary, Dominari Securities LLC, served as the exclusive placement agent, successfully leading the placement of a $100 million equity investment for SRM Entertainment, Inc. (Nasdaq: SRM). The transaction, which included the issuance of 100,000 shares of Series B Convertible Preferred Stock and 220 million warrants, represents a total potential investme ...
NIP Group Expands Live Entertainment Market with New Joint Venture
Globenewswire· 2025-06-17 12:30
Joint venture’s inaugural event, 2025 Qianfan Music Season - Wonderland Music Festival, becomes one of Beijing’s largest-ever music festivals, drawing over 70,000 fansABU DHABI, United Arab Emirates, June 17, 2025 (GLOBE NEWSWIRE) -- NIP Group Inc. (“NIP Group” or the “Company”) (NASDAQ: NIPG), a leading digital entertainment company, today announced a major expansion of its live entertainment business through the formation of NIP Culture & Entertainment (Beijing) Co., Ltd. (“NIP Culture & Entertainment”), ...
Warner Bros. Discovery: Content Titan On Sale
Seeking Alpha· 2025-06-16 21:09
Warner Bros. Discovery (NASDAQ: WBD ) has fallen from investor grace since the 2021 peak, yet the operating picture has quietly improved. In the most recent quarter , the company generated $2.1 billion of adjusted EBITDA on $8.979 billion of revenue, while free"AWS Certified AI Practitioner Early Adopter"I am a DevOps Engineer for a major, wholly owned subsidiary of a large-cap Fortune 500. I am a true subject-matter expert on the actual buildout, deployment, and maintenance of AI tools and applications. I ...
Pepsi: Stock Paying Dividends Since 1965, Yet Challenged By Fading Consumer Tastes
Seeking Alpha· 2025-06-16 16:31
Core Insights - The article emphasizes the importance of in-depth research in the casino and gaming sector, highlighting the availability of resources for investors [1] Group 1: Industry Expertise - Howard Jay Klein brings 30 years of experience in major casino operations, having worked with notable establishments such as Ballys, Trump Taj Mahal, Mohegan Sun, and Caesars Palace [2] - Klein focuses on value investing, utilizing management quality as a key factor in his investment strategies [2] - He leads an investing group called The House Edge, which provides actionable research for investments in the casino, online betting, and entertainment industries [2] Group 2: Research and Insights - The House Edge offers a subscription service that includes in-depth research and insights into the casino and gaming sector [1] - The group has an extensive intelligence network across the US gambling and entertainment sectors, encompassing various levels of employees from customer-facing roles to senior management [2]
A股如期反弹!中国十强是它们?!
格兰投研· 2025-06-16 14:51
事态的发展按照我的推演,当下可以判断:基本上不会再恶化了。 回到市场,开盘给了很好的低吸机会,全天下来,指数上涨 11.73 , 3559 只个股飘红,平均股价上涨 0.7% ,体感还是蛮不错的。 昨天文章提前给了本周的明确判断: 周末 以色列和伊朗打仗,看空 A 股的人很多, 今天让他们失望了 。 昨天还在嚷嚷,要封锁霍尔木兹海峡的伊朗,今天马上服软,自己准备了一份协议,保证不拥有核武器。 以色列也就坡下驴,说如果伊朗接受美国拆除其核计划的要求,自己愿意停止行动。 双方都为停手给出了自己的态度。 最根本的原因还是我说的那样: 从这三篇的关系来看,高盛的逻辑还是挺清晰的,第一篇《形势已变》,表明整体大环境已有改善;第二 篇《为何民营企业愈发壮大》分析具体原因,第三篇也是市场流传热度最高的一篇《十大领军企业的崛 起》落在了具体投资方向上。 我们分开一个一个看。 首先是大环境。 自 2021 年初的高点以来,中国民营上市公司一共蒸发掉了 4 万亿美元的市值,相对于国央企来说,差距 更是达到 56% ,可以说是相当惨了。 大家都知道民企对经济的重要性,就拿去年来说, 60% 的 GDP 、 80% 的城市就业岗位以 ...