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Playboy Appoints David Miller as President, Media & Brand
Globenewswire· 2026-02-26 13:31
Core Insights - Playboy, Inc. has appointed David Miller as President, Media & Brand to drive the next phase of the Company's growth strategy [1][4] - Miller's extensive experience includes leadership roles at The Walt Disney Company and AOL, where he significantly expanded digital media operations [2][3] - The appointment is part of Playboy's broader strategy to enhance its media and licensing operations, aiming for sustainable and profitable growth [5][6] Company Overview - Playboy is a global pleasure and leisure company known for its iconic brand, pursuing an asset-light model across various sectors including licensing and digital content [7] - The Company aims to leverage its intellectual property to enhance consumer experiences and drive revenue growth [7] Leadership and Strategy - David Miller's role will focus on scaling Playboy's media business and licensing operations, utilizing his expertise to accelerate revenue and brand reach [4] - CEO Ben Kohn emphasized that Miller's appointment allows for a more aggressive execution of growth strategies, including new membership clubs and original programming [5][6] - The leadership team believes that the Company is building a diversified, high-margin business with significant upside potential [6]
Italy to soften sanctions in bid for smoother relations with markets
Reuters· 2026-02-26 12:01
Italy to soften sanctions in bid for smoother relations with markets | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]A person walks near the Milan Bourse (Italian stock exchange) as global markets brace for a hit to trade and growth caused by U.S. President Donald Trump's decision to impose import tariffs on... [Purchase Licensing Rights, opens new tab] Read moreROME, Feb 26 (Reuters) - Italy plans to adopt a less punitive approach ...
Netflix CEO Ted Sarandos Braces For White House Meeting Days After Saying Warner Bros. Bid Is 'Not A Political Deal': Report - Netflix (NASDAQ:NFLX), Oracle (NYSE:ORCL)
Benzinga· 2026-02-26 07:40
Netflix Inc. (NASDAQ:NFLX) co-CEO Ted Sarandos is reportedly scheduled to attend meetings at the White House on Thursday as the bidding war to acquire Warner Bros. Discovery (NASDAQ:WBD) heats up.Although it is unclear if Sarandos will have a meeting with Trump during this visit, Sarandos reportedly had a private meeting with Trump in November.Warner Bros.’ board said Paramount's revised bid could potentially qualify as a "superior proposal" compared to Netflix's offer. The company will now continue discuss ...
Paramount (PARA) - 2025 Q4 - Earnings Call Transcript
2026-02-25 22:47
Paramount Skydance (NasdaqGS:PARA) Q4 2025 Earnings call February 25, 2026 04:45 PM ET Company ParticipantsAndy Gordon - CSO and COODavid Ellison - Chairman and CEODennis Cinelli - CFOJeff Shell - PresidentKevin Creighton - EVP of Corporate Finance and Investor RelationsKutgun Maral - Media, Cable and Telecom Equity ResearchRic Prentiss - Managing DirectorConference Call ParticipantsBryan Kraft - Lead Equity Research AnalystJohn Hodulik - Media and Telecom AnalystMichael Morris - Senior Managing Director an ...
Investors Await Nvidia's Earnings, Anthropic Loosens Safety Policy | Bloomberg Tech 2/25/2026
Youtube· 2026-02-25 21:40
Group 1: NVIDIA and Market Expectations - NVIDIA's earnings are highly anticipated, with expectations of a 5% swing in stock price due to data center performance [2][12] - The company is projected to have a $500 billion pipeline by 2026, with investor focus on demand signals extending into 2027 [4] - Current margins for NVIDIA are at 75%, with concerns about supply constraints affecting delivery capabilities [5][7] Group 2: AI and Investment Sentiment - There is a growing concern that a breakdown in AI trade could undermine major growth engines for equities [8] - Investor confidence in AI-related companies like NVIDIA and Meta is wavering, leading to a contradictory market sentiment [9][11] - Despite fears, there are opportunities emerging in AI and disruptive industries, suggesting a potential for long-term investment [11][13] Group 3: Earnings Season Insights - The overall earnings season has shown strong revenue growth, particularly among technology companies and hyperscalers [14][15] - Companies are increasing spending estimates for 2026, indicating that AI investments are continuing despite market jitters [15] - Salesforce and Snowflake are facing scrutiny regarding their ability to generate new revenue from AI products amid a slowdown in core business growth [53][54] Group 4: Anthropic and Government Relations - Anthropic is facing pressure from the Pentagon to comply with government terms regarding AI technology usage, amid a competitive landscape with companies like OpenAI and Google [28][30] - The company has set conditions against mass surveillance and fully autonomous weapon use, highlighting the tension between safety standards and competitive pressures [31][33] Group 5: Circle and Stablecoin Growth - Circle reported a 72% year-on-year growth in USDC, with transaction volumes reaching nearly $12 trillion, up 250% year-on-year [38][39] - The company is diversifying its offerings and building operating systems for a new economic framework centered around stablecoins [40][41] Group 6: Paramount and Warner Bros. Negotiations - Paramount's new offer for Warner Bros. has met the threshold for further negotiations, with both companies preparing to release earnings [44][46] - The deal dynamics are influenced by regulatory hurdles and the changing landscape of cable television [48][50]
PARAMOUNT REPORTS FOURTH QUARTER AND FULL YEAR 2025 FINANCIAL RESULTS
Prnewswire· 2026-02-25 21:01
PARAMOUNT REPORTS FOURTH QUARTER AND FULL YEAR 2025 FINANCIAL RESULTS [Accessibility Statement] Skip NavigationLOS ANGELES and NEW YORK, Feb. 25, 2026 /PRNewswire/ -- Paramount Skydance Corporation (Nasdaq: PSKY) today announced financial results for the fourth quarter and full year ended December 31, 2025.The company will conduct a conference call with a live audio webcast available on Paramount's Investors homepage at [ir.paramount.com] beginning at 1:45 p.m. (PT) / 4:45 p.m. (ET) on February 25.Please vi ...
Companies cutting jobs as investments shift toward AI
Reuters· 2026-02-25 16:38
Core Insights - The rapid adoption of artificial intelligence (AI) is leading to significant job losses in various industries, with Goldman Sachs estimating that AI was responsible for 5,000 to 10,000 monthly net job losses in the most affected U.S. sectors last year [1] - AI accounted for 7% of total planned layoffs in January, indicating a growing trend of companies restructuring their workforce in response to automation [1] Company Layoffs Linked to AI - AGORA plans to lay off up to 166 employees, or 6.56% of its workforce, to improve its digital business [2] - ALLIANZ intends to cut up to 1,800 jobs in its travel insurance division due to AI replacing manual processes [3] - AMAZON confirmed 16,000 corporate job cuts as part of an AI and efficiency-driven overhaul [3] - AUTODESK will reduce about 1,000 jobs, approximately 7% of its global workforce, to focus on cloud and AI initiatives [4] - BRITISH AMERICAN TOBACCO announced an AI-driven productivity program that will lead to unspecified job cuts [4] - DOW plans to cut about 4,500 jobs, which is 13% of its total workforce, by streamlining processes through automation and AI [5] - HP INC expects to cut 4,000 to 6,000 jobs globally by fiscal 2028 as it adopts AI [5] - MERCADOLIBRE laid off 119 employees as part of its AI expansion [6] - META is cutting over 1,000 jobs at its Reality Labs unit and around 600 positions in its Superintelligence Labs to pivot towards AI devices [6] - NIKE is laying off 775 employees to enhance profits and increase automation [7] - PINTEREST plans to cut up to 15% of its workforce to focus on AI roles and strategy [7] - SEB announced a restructuring plan that may impact up to 2,100 jobs worldwide by 2027 due to AI [8] - TELSTRA plans to cut 650 jobs in an AI-driven restructure [9] - WISETECH will reduce about 2,000 jobs, nearly one-third of its global workforce, as it integrates AI into its operations [9]
SANOMA CORPORATION: ACQUISITION OF OWN SHARES 25 FEBRUARY 2026
Globenewswire· 2026-02-25 16:30
Sanoma Corporation, Stock exchange release, 25 February 2026 at 18:30 EE8 SANOMA CORPORATION: ACQUISITION OF OWN SHARES 25 FEBRUARY 2026Nasdaq Helsinki Ltd: Date25 February 2026 Exchange transactionBuy Share classSANOMA Amount17,589 Average price/share, EUR8.9763 Highest price/share, EUR8.9900 Lowest price/share, EUR8.9400 Total cost, EUR157,884.14 The share buybacks are executed in compliance with Regulation No. 596/2014 of the European Parliament and Council (MAR) Article 5 and the Commission Delegate ...
Bay Street Might Continue Positive
RTTNews· 2026-02-25 13:57
Investor sentiments might be influenced by geopolitical developments. The U.S. has positioned military forces in the Middle East. The precious metal prices are on a positive note. On Tuesday, the benchmark S&P/TSX Composite Index closed higher. It settled with a gain of 193.88 points, or 0.57%, at 33,970.38.Gold surged toward $5,200 an ounce on Wednesday while the dollar declined. Spot gold traded up 0.8 percent at $5,187.20 an ounce. U.S. gold futures were up 32.40 points or 0.62 percent at $5,209.20.Silv ...
TSX climbs, U.S. stock markets rise amid renewed AI enthusiasm
Investment Executive· 2026-02-24 22:19
Shares of Thomson Reuters Corp. rose 11.4% after it said one million professionals are using its CoCounsel AI technology. The stock had faced some pressure earlier this month, with investors weighing the potential impact of AI disruption.“We’re seeing a lot of companies investing hundreds of millions, if not billions, of dollars into AI and now to see Thomson Reuters really monetizing it at scale is very positive,” Gardner said.Separately, Scotiabank shares were down 0.7% on Tuesday after the lender reporte ...