| Singapore has been waiting for its day in the Sun, it is here! Over the past 10 years, the nation has been building up its infrastructure along with a sparkling reputation for modern innovation and high-class luxury. Now, the City-State is getting its due, proving itself a star among Asia’s finest for travelers of […]
China Disappears A-List Actress Fan Bingbing Fan Bingbing, 36 anni, an A-list Chinese movie star who has appeared in the “X-Men” and “Iron Man” film franchises, has more than 62-M followers online in China and fronted campaigns for Montblanc watches and De Beers diamonds, has disappeared. The star dropped out of sight in June when […]
Netflix (NASDAQ:NFLX) Passed Disney’s Market Cap for a Moment and Faded $NFLX ,$DIS A close over 354/share will make Netflix the World’s #1 Entertainment company by market cap. Thursday, Netflix’s (NASDAQ:NFLX) stock market value hit $153-B passing the Walt Disney Co. (NYSE:DIS) making it the world’s top entertainment company (for a moment) underscoring a monumental […]
F1: Ferrari’s Marchionne Liberty’s Malone to Stay in His Own Lane $RACE Ferrari’s boss does not want to see F1 ‘diluted by commercial and entertainment factors’ Ferrari Chairman/CEO Sergio Marchionne wants F1 owners Liberty Media to back off and let Ferrari get on with the business of making F1 cars. Recently, Mr. Marchionne said he […]
Entertainment Media Stocks Hammered $TWX, $VIA, $CBS, $DIS, $SNE Time Warner was down 3%, Viacom was down 4% and CBS dove 6%. The Dow Jones Industrial Average dropped 666 points on Friday, and already suffering media stocks, with few exceptions, were hammered in the process. Fully, 39 of the 50 stocks tracked in the sector, […]
Cinemas to be Allowed in Saudi Arabia from Early 2018 Cinemas have been banned in the Kingdom since the early 1980’s Saudi Arabia lifted a 35-year-old ban on cinemas Monday, prompting celebrations from film fans, directors and movie chains eyeing the last untapped mass market in the Middle East. The first theatres could start showing […]
Very Few NFL Players Kneel or Sit During National Anthem $MCD, $PEP, $BUD, $V, $MSFT President Trump is winning the battle for respect for our Flag, and the Freedom for which it stands. Just 41 NFL (of the 1400) players sat or knelt during the national anthem Sunday in the earlier slate of games. that… […]
NFL Ticket Sales Diving on Player’s “taking a knee” Protest $MCD, $PEP, $V, $BUD, $MSFT NFL ticket sales are falling at this weekend, as controversy over football players kneeling during the national anthem continues, according to 2 of the country’s largest ticket marketplaces. Sales at TicketCity have plunged by 31%,while TickPick noted sales are down […]
Saudi Arabia Enters the Entertainment World with $2.7-B Investment Saudi Arabia’s sovereign wealth fund is creating an entertainment investment company as the conservative Kingdom loosens it reins on the fun zone. The Kingdom’s Public Investment Fund announced Wednesday it will develop the new company with an initial capitalization of $2.7-B Its aim will be to […]
China’s FDI Dives After PBOC Curbs China’s investment in other countries has taken a deep dive since Beijing tightened controls to cool surging spending on assets deemed unneeded for Chinese economic development. Outward investment, aka FDI (foriegn direct investment), in the 1st 8ht months of this year fell 41.8% rom a year earlier to $68.7-B, […]
Beijing Has “New Rules” for Outbound Investment China has codified its rules on overseas investments, making explicit its campaign against irrational acquisitions of assets in industries ranging from real estate to hotels and entertainment. The authorities set out 3 categories: Banned, Restricted and Encouraged (see the lists below) Beijing has outlawed investments in gambling and sex […]
China’s Money/Hollywood Tie-up, is it Over? $VIA, $AMC, $BABA Billions of USDs have been thrown into question as Chinese regulators crack down on overseas investments, Paramount’s, a unit of Viacon (NYSE:VIA), backer skips a payment, and both President Trump and some Democrats have taken a protectionist stance. For almost 5 years, Hollywood has been bolstered […]
Galaxy Entertainment Group Limited (HKG:0027) HEFFX Highlights Macau-based casino operator Galaxy Entertainment Group Ltd says it believes it can make “a big impact” if it is awarded a licence to develop a casino resort in Japan. “We believe that Japan has a huge opportunity to create something unique that doesn’t just follow the [Las] Vegas […]
The VOID Hyper-Reality Experience Comes To Dubai The mixed reality park opens its 2nd location in the city built on sand. In an attempt to bring the immersive attraction to several locations outside the United States, The VOID hyper-reality experience has partnered with UAE-based holding company Meraas to open a brand new location right in […]
Dalian Wanda’s Deal to Buy Dick Clark Productions “Falls Over” $AMC Eldridge Industries, the US owner of Dick Clark Productions Inc., said Friday that one of its affiliates terminated an agreement to sell off the TV production company to Chinese conglomerate Dalian Wanda Group. Eldridge, which also owns magazines such as the Billboard and The […]
Saudi Gamers Gather at Kingdom’s 1st Comic Con Saudi is trying to boost its entertainment sector as part of an economic and social reform drive In a country where the use of magic is a crime punishable by beheading, it’s not every day that young Saudis wander down the street dressed as the Hulk or […]
Carmike Cinemas Shareholders Approve $1.2-B AMC Merger $AMC, $CKEC Chinese-owned AMC Entertainment Holdings is on course to become the world’s biggest theater chain. AMC Entertainment Holdings (NYSE:AMC) has jumped another hurdle to becoming the world’s largest exhibitor. Chinese-owned AMC, the 2nd-largest US theater chain, Tuesday secured shareholder approval from Carmike Cinemas (NASDAQ:CKEC) for its amended […]
Right Thinking Hollywood Celebrating Donald Trump’s Victory The liberal media were big losers last Tuesday. “Donald Trump went against the entire world, and won … I’m so proud that he is going to be my president. This is one tough, determined human being,” said Scott Baio. Conservatives in the entertainment/media industry came out Wednesday to […]
Malone’s Liberty Media (NASDAQ:LMCA) Outshines Buffet’s Berkshire Hathaway $LMCA, $BRK.A, $BRK.B Warren Buffett, 85 anni, has promoted his reputation for being the most astute investor in the world. But, Cable-TV magnate John Malone’s, 75 anni, Liberty Media has better job for shareholders, according to the data. “Over the past decade, Malone’s investment returns have bested those […]
Dubai Parks’s Future Expansion with New Name DXBE The theme park operator said its new name would show ambitions beyond its first attraction in Jebel Ali Dubai Parks and Resorts has officially rebranded to DXB Entertainments as part of longer term plans to pursue opportunities beyond its upcoming attraction near Jebel Ali. The company will […]
Disney’s (NYSE:DIS) Star Wars Land Prompts $6-B In Development $DIS Four new luxury hotels are planned, a larger Convention Center, plus updated infrastructure is tied to the planned ‘Star Wars’ Land. Anaheim, California real estate developer-friendly and $6-B in recent investment, much of which is derived from Disney’s upcoming Stars Wars Land. The $6-B includes […]
The UAE is Becoming the Theme Park Capital of the World $RACE, $FOX, $TWX, $SIX Developers are launching 4 new theme parks in the coming months, and by the end of the year, the United Arab Emirates (UAE) will have become a hub for theme park enthusiasts. Aiming to capitalize on growing tourist figures, expected […]
Under Donald Trump the US GDP Will Grow as in the ‘Reagan Era’ Donald Trump as US President will not push the US economy into a Recession when he wins the Oval Office in November. Some prominent economists are now saying that Mr. Trump’s plan is the best for the economy since the reforms enacted […]
Hollywood’s Big Media Stocks Took a Beating YTD $LGF, $TWTR, $NFLX, $IMAX More than 50% of the 50 stocks tracked fell short of the S&P 500 in the year’s 1-H. Hollywood’s big media stocks took a beating during the 1-H of the year, but the declines could have been much worse if some major companies […]
Entertainment/Media Stocks Hammered Friday $CMCSA, $DIS, $FOX, $NFLX Wall Street and the other Key world financial market had one of its worst days in years Friday after the UK voted to leave he EU, a surprise decision that saw investors selloff perceived risk, and some pundits predicting Gloom & Doom. Others, including me, see it […]
Wanda City Opening to Rival to Shanghai Disney (NYSE:DIS) $DIS China’s Wanda Group on Saturday opened a RMB 40-B (US$6.1-B) theme park in the eastern city of Nanchang, capital of Jiangxi Province. Wanda Cultural Tourism City (Wanda City), is the latest rival to Shanghai Disney (NYSE:DIS) opening to the public in June. At the opening […]
Summer Discount for Hollywood Route & Express Service from Fort Lauderdale The Fort Lauderdale-Hollywood Water Taxi today unveiled an all-new summer savings program, which offers fantastic discounts on its recently introduced local Hollywood route, as well as its express service from Fort Lauderdale to Hollywood. Today through September 30, guests can enjoy an all-day pass for these […]
Rock & Pop to Aid the Dubai Opera Business Model The 2,000 seats are expected to be filled on a regular basis, says CEO Dubai Opera will deliver profits as well as great art because the diversity of performers, including regular unplugged shows from Rock & Pop stars such as Eric Clapton and Adele, will […]
China’s Wanda Pictures Gets Investment From Puji and Jupai The 2 companies are looking to “capitalize on the burgeoning global media and entertainment industry as well as other high-growth sector companies that have cross-border attraction in China and the United States,” they said in a statement Monday Chinese conglomerate Dalian Wanda Group’s Wanda Pictures business […]
Dubai: IMG Worlds of Adventure Opens in August The attraction will open several months ahead of rival Dubai Parks and Resorts Dubai’s $1-B indoor theme park IMG Worlds of Adventure will open its doors Monday, 15 August, the company’s owners Ilyas and Mustafa Galadari Group confirmed Sunday. The park, which will include 20 rides and […]
China Bans Key Apple (NASDAQ:AAPL) Service, Growth Dampened China’s blocking of Apple mobile entertainment services in presents fresh challenges for the giant tech company as it prepares to report its 1st-ever fall in iPhone sales. specifically Apple movies and book store were shut down by the government. The news on Thursday that Apple’s online book and […]