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Moving iMage Technologies Secures $9M Contract to Install 150 Barco Laser Projectors Over Three Years
Newsfile· 2025-06-20 11:51
Core Points - Moving iMage Technologies has secured a $9 million contract to install 150 Barco laser projectors over the next three years, indicating a significant technology upgrade for the cinema industry [1][2] - The revenue from this agreement will be recognized evenly over the company's next three fiscal years starting from FY26, with initial installations set to begin in the fall of 2025 [2] - The partnership aims to enhance customer experience and reduce operating costs by transitioning from traditional lamp-based systems to advanced laser projection technology [3] Company Overview - Moving iMage Technologies is a provider of advanced out-of-home entertainment technology and services, focusing on cinemas, esports venues, and other entertainment spaces [1][7] - The company manufactures a wide range of digital cinema peripherals and integrates equipment from various leading brands, including Barco, Christie Digital, and Dolby [8] - Barco, headquartered in Belgium, specializes in visualization and collaboration solutions, with a reported sales figure of 947 million euros in 2024 [5][6]
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
Performance Overview - The performance is an electrifying taiko drum performance by members of Kotan Taiko, based on Awaji Island [1] - The performance draws inspiration from Japan's oldest legends, bringing the spirit of the Kojiki to life through the thunderous beat of traditional drums [1] Organizational Information - Kotan Taiko is a Japanese Taiko Drum group, created as a regional revitalization project on Awaji Island [1] - 「鼓淡」是一个以淡路岛为据点活动的年轻太鼓团队,致力于地方振兴和文化创造 [1]
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
Core Insights - Dominari Holdings Inc. announced a $100 million equity investment for SRM Entertainment, with the potential for a total investment of $210 million upon full warrant exercise [1][2] - Justin Sun, founder of the TRON blockchain, will join SRM as an advisor, indicating a strategic partnership [2] - The investment will enable SRM to initiate a TRON Token Treasury Strategy, capitalizing on the growing adoption of blockchain and digital assets [4] Company Overview - SRM Entertainment designs and manufactures custom merchandise for major theme parks and entertainment venues, distributing products worldwide [7] - The company’s products are based on popular entertainment franchises and include specialty items like the patented Sip With Me cups [7] Industry Context - The transaction highlights increasing institutional confidence in blockchain technology as a foundational layer for global finance [4] - TRON, founded in 2017, supports smart contracts and decentralized applications, focusing on low-cost, high-speed transactions, particularly for stablecoin transfers [3]
NIP Group Expands Live Entertainment Market with New Joint Venture
Globenewswire· 2025-06-17 12:30
Core Insights - NIP Group has launched a new joint venture, NIP Culture & Entertainment, to expand its live entertainment business in China, moving beyond its core esports operations [1][4] - The inaugural event, the 2025 Qianfan Music Season - Wonderland Music Festival, attracted over 70,000 fans, marking it as one of the largest outdoor music festivals in Beijing [2][4] - The venture aims to create immersive experiences that combine music, gaming, and cultural content, targeting the younger demographic that is increasingly investing in live experiences [3][4] Company Strategy - The formation of NIP Culture & Entertainment aligns with NIP Group's strategy to leverage its esports following to create cross-promotional opportunities in live entertainment [4] - The company plans to host a series of large-scale music festivals in key cities throughout China in 2025, aiming to deepen audience engagement and diversify revenue streams [4] - NIP Group's focus on integrating music and gaming experiences is expected to unlock proprietary intellectual property and sustainable value for stakeholders [3][4] Market Context - According to the China Association of Performing Arts, China's live entertainment market reached RMB 79.6 billion (approximately US$ 11.0 billion) in 2024, with nearly 75% of festival attendees being under 30 years old [3] - The demographic overlap between music fans and the existing gaming audience positions NIP Group favorably to capitalize on this growing market [4]
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]