S&P Global Ratings, the first to wave a red flag about Paramount’s finances last fall, today called the planned merger with Skydance “positive” but said it will continue to monitor the transaction, citing concern over the long lead time amid the ongoing decline of linear television.
For now, the issuer credit rating remains ‘Bb+’ with a stable outlook until more information is available, the agency said.
The other big ratings agency, Moody’s, put Paramount’s debt rating on review for downgrade, also calling the transaction positive but saying Paramount will continue to be be squeezed by the industry’s transition to streaming.
In a public call with investors yesterday, the Skydance team led by David Ellison unveiled plans to strengthen Paramount’s business by spending on content, managing linear TV, and improving its streaming metrics, in part through tech investments and partnerships. They anticipate $2 billion in cost...
For now, the issuer credit rating remains ‘Bb+’ with a stable outlook until more information is available, the agency said.
The other big ratings agency, Moody’s, put Paramount’s debt rating on review for downgrade, also calling the transaction positive but saying Paramount will continue to be be squeezed by the industry’s transition to streaming.
In a public call with investors yesterday, the Skydance team led by David Ellison unveiled plans to strengthen Paramount’s business by spending on content, managing linear TV, and improving its streaming metrics, in part through tech investments and partnerships. They anticipate $2 billion in cost...
- 7/9/2024
- by Jill Goldsmith
- Deadline Film + TV
Actor Naveen Sharma, who is making a comeback to television screens with the show ‘Kumkum Bhagya’ post his wedding, called it a “surreal” experience as he missed being on sets. ‘Kumkum Bhagya’ revolves around intriguing twists and turns in Ranbir (Krishna Kaul) and Prachi’s (Mugdha Chaphekar) lives. The viewers recently witnessed how Prachi got married to Akshay (Abhishek Malik) for the custody of her daughter Khushi (Trisha Rohatgi), and after that, Ranbir agreed to marry Akshay’s sister Mihika (Aafreen Dabestani).
And now, seeing Prachi and Ranbir’s connection, Akshay is getting jealous. Hence, he wants to expedite the wedding ceremonies of Ranbir with Mihika, so that Ranbir goes away from his life.
Now, Naveen has stepped into Aryan’s role, replacing Pulkit Bangia. And from the looks of it, maybe he will finally be able to bring in some calm and positivity in Ranbir and Prachi’s life.
And now, seeing Prachi and Ranbir’s connection, Akshay is getting jealous. Hence, he wants to expedite the wedding ceremonies of Ranbir with Mihika, so that Ranbir goes away from his life.
Now, Naveen has stepped into Aryan’s role, replacing Pulkit Bangia. And from the looks of it, maybe he will finally be able to bring in some calm and positivity in Ranbir and Prachi’s life.
- 8/21/2023
- by Agency News Desk
- GlamSham
In the first round of corporate earnings since the double strike began, the financial hits are starting to come into view.
While hoping and planning for a resolution in September, Hollywood studios, streamers and affiliated businesses have begun forecasting lower revenue, content spend and, in some cases, a lower outlook for the year. Because while some may be able to stem the tide of a production shutdown in the short term, the financial danger increases as the strike goes on further into the fall and the release schedule suffers.
The biggest impact so far may have been seen with Endeavor, which owns talent agency WME, with CFO Jason Lublin warning Aug. 8 that the company expects to see a hit of about $25 million a month in revenue for the quarter ending Sept. 30. Uncertainty about the length and financial impact of the strike caused the company to pull its full-year guidance.
On Aug.
While hoping and planning for a resolution in September, Hollywood studios, streamers and affiliated businesses have begun forecasting lower revenue, content spend and, in some cases, a lower outlook for the year. Because while some may be able to stem the tide of a production shutdown in the short term, the financial danger increases as the strike goes on further into the fall and the release schedule suffers.
The biggest impact so far may have been seen with Endeavor, which owns talent agency WME, with CFO Jason Lublin warning Aug. 8 that the company expects to see a hit of about $25 million a month in revenue for the quarter ending Sept. 30. Uncertainty about the length and financial impact of the strike caused the company to pull its full-year guidance.
On Aug.
- 8/16/2023
- by Caitlin Huston
- The Hollywood Reporter - Movie News
Pune, Nov 4 (Ians) Haryana Steelers’ Meetu Sharma has been going great guns in the Pro Kabaddi League (Pkl) Season 9, scoring 75 raid points in nine matches so far and fulfilling a long-cherished dream.
Playing in the Pkl has always been a dream for the 20-year-old and his family was particularly thrilled to see him in action on TV when he made his debut in the last season,
“My family watches my matches on TV. They were very thrilled when they saw me play on TV for the first time. There are a lot of youngsters in my village (Naultha) in Haryana, who are budding kabaddi players at the moment as well. The people in my village are very happy to see one of their people playing in the Pro Kabaddi League.”
The raider also spoke about how he developed a dream of playing in the Pkl. “I come from a farming family in Haryana.
Playing in the Pkl has always been a dream for the 20-year-old and his family was particularly thrilled to see him in action on TV when he made his debut in the last season,
“My family watches my matches on TV. They were very thrilled when they saw me play on TV for the first time. There are a lot of youngsters in my village (Naultha) in Haryana, who are budding kabaddi players at the moment as well. The people in my village are very happy to see one of their people playing in the Pro Kabaddi League.”
The raider also spoke about how he developed a dream of playing in the Pkl. “I come from a farming family in Haryana.
- 11/4/2022
- by Glamsham Bureau
- GlamSham
2020 was…something! I think we can all collectively agree that our life didn’t see a lot of action in the past 10 months. However, it was a jackpot season for the digital world. Short video apps took over the world and the pandemic rewrote the rules for content creation. Last year wasn’t just about golden-hour pictures and Wfh selfies, it was also about people coming out of their shells and creating bite-sized content online.
Speaking of things taking over the internet, Rizzle’s signature vertical series is all the rage. Creators, directors, singers, and dancers collaborate to knit captivating short series that you can watch anywhere on the go. Hundreds of short series to watch for free on this up & coming app.
Here are Rizzle's top 10 most loved series from 2020
Road To Her Heart
Road To Her Heart is undoubtedly one of the most popular series on Rizzle and for good reason.
Speaking of things taking over the internet, Rizzle’s signature vertical series is all the rage. Creators, directors, singers, and dancers collaborate to knit captivating short series that you can watch anywhere on the go. Hundreds of short series to watch for free on this up & coming app.
Here are Rizzle's top 10 most loved series from 2020
Road To Her Heart
Road To Her Heart is undoubtedly one of the most popular series on Rizzle and for good reason.
- 1/13/2021
- by Glamsham Editorial
- GlamSham
SandalwoodWhile ‘Bazaar’ is directed by Suni, ‘Anukta’ is helmed by Ashwath Samuel.Digital NativeDigital NativeKannada director Suni made his debut in 2013 with Simple Agi Ondh Love Story, which was a commercial as well as a critical success. He then went on to wield the megaphone for movies such as Bahuparak, Simple Agi Innondh Love Story and Operation Alamelamma. Suni has also penned the dialogues for movies such as Chowka and Happy New Year. Suni’s current directorial venture is Bazaar, which is gearing up for release. The film was originally planned as a Sankranthi release but the release date had to be postponed for various reasons. One of the reasons for the delay was that the filmmakers had a tough time procuring the ‘No Objection’ certificate from the Animal Welfare Board. Finally, with the certificate being obtained and the film being given a UA certificate, it is all set for...
- 1/22/2019
- by Vidya
- The News Minute
SandalwoodDirected by Ashwath Samuel, the film has been penned by its lead star Karthik Attavar.Digital NativeDigital NativeThe audio launch of the Kannada film Anukta happened at the Kalavaidara Sangha recently and it was truly a star-studded event. The chief guest for the event was Challenging Star Darshan. Interestingly, when he made his entry, the star was greeted with the traditional Huli Vesha dance. The event was hosted by Rj Anurag. There are four songs in the Anukta album, of which two were performed on stage. The film’s hero Karthik Attavar was seen shaking a leg for one of the songs and impressed the audience with his moves. The event proceeded with Darshan releasing the audio CD. The teaser for the film was released a couple of months ago and it was well-received by film buffs. Anukta is directed by Ashwath Samuel and produced by Harish Bangera. The film...
- 11/25/2018
- by Vidya
- The News Minute
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