Thursday, August 28, 2014
Wednesday, June 18, 2014
Thursday, May 8, 2014
Getting $3 BILLION for Beats!!
Apple Deal Reportedly Close
Apple will reportedly buy Beats for a whopping $3.2 BILLION -- and since Dre and Interscope honcho Jimmy Iovine created the brand ... it's a safe bet they will walk away with a huge chunk of that cash.
Dre and Jimmy created the brand back in 2008 with headphones -- but now they're also making bank off speakers, car audio systems, and a streaming service.
The deal could close next week ... and would be Apple's biggest acquisition ever.
Dre came in #2 on Forbes' most recent list of hip hop's wealthiest artists -- with a net worth of $550 million ... while Diddy was #1 at $700 million.
Read more: http://www.tmz.com#ixzz31BU3A3yA
Tuesday, March 25, 2014
Friday, November 22, 2013
Thursday, August 22, 2013
Monday, June 24, 2013
Friday, April 12, 2013
Thursday, April 11, 2013
Saturday, March 30, 2013
Saturday, March 23, 2013
Rihanna Ties Madonna For Most #1 Singles
'Diamonds' goes to #1 on the Hot 100
"Diamonds," the first single off her brand-new Unapologetic album,hit #1 on Billboard Hot 100, giving Rihanna her 12th chart-topping single, a mark that ties her with Madonna and the Supremes for the fourth-most #1s in the 54-year history of the chart.
According to Billboard, Rihanna now trails only the Beatles (20 #1s), Mariah Carey (18) and Michael Jackson (13 solo #1s) for the most Hot 100 chart toppers of all time, and, given that she's just 24 — and seemingly releases a new album every year — well, we think she's got a pretty realistic shot at overtaking all of them.
Radio legend Michael Baisden reportedly locked out of his studio
Tuesday, October 30, 2012
The sale provides a corporate home for a private company that grew from Mr. Lucas’s hugely successful “Star Wars” movie series, and became an enduring force in the creation of effects-driven science fiction entertainment for large and small screens. Mr. Lucas, who is 68 years old, had already announced he would step down from day-to-day operation of the company.
Combined with the purchase of Marvel Entertainment for $4 billion in 2009 and of Pixar Animation Studios for $7.4 billion in 2006, the acquisition solidifies Disney’s status as a leader in animation and superhero films. And it strengthens the legacy of Robert A. Iger, Disney’s chief executive, who has become known for his aggressive expansion of the company since taking charge in 2005.
Mr. Iger is set to step down as chief executive in March 2015, but will remain with Disney in a lesser role under an employment deal he reached with Disney last year.
Like the Marvel acquisition, the Lucasfilm purchase caught Hollywood and Wall Street by surprise. It was announced on Tuesday afternoon, while the New York Stock Exchange was closed because of Hurricane Sandy.
In a hastily convened conference call with investors late Tuesday, Mr. Iger said Disney planned to revive the Star Wars franchise and release a seventh feature film in the series in 2015, with new films coming every two or three years thereafter. Mr. Lucas will be a consultant on the film projects, Mr. Iger said.
Mr. Iger said Disney acquired a detailed treatment for the next three “Star Wars” films as part of the acquisition. He noted that the last film in the series, “Star Wars: Episode III — Revenge of the Sith,” was released in 2005, a period that he said has created “pent-up demand.”
Jay Rasulo, the company’s chief financial officer, said Disney’s financial calculations in agreeing to purchase Lucasfilm were driven almost entirely by the potential of the “Star Wars” series, which already has a place in the Disney theme parks. Lynne Hale, a spokeswoman for Mr. Lucas, said he was on a flight back to San Francisco from Los Angeles and could not immediately be reached. “It’s now time for me to pass ‘Star Wars’ on to a new generation of filmmakers,” Mr. Lucas said in a statement.
The companies said Disney would pay approximately half of the purchase price in cash, and would issue about 40 million shares of stock to cover the balance when the deal closes. Mr. Rasulo said Disney expects within two years to repurchase those shares. Lucasfilm, he said, should begin enhancing Disney’s earnings by 2015.
With the acquisition, Disney will acquire Lucasfilm’s live-action production business, along with its Industrial Light & Magic effects business, its Skywalker Sound audio operation and its consumer products unit, among other things. Ms. Hale noted that Mr. Lucas’s Skywalker Ranch and other physical properties in Marin County, Calif., were not part of the deal, and would remain with Mr. Lucas.
Kathleen Kennedy, a longtime associate of Steven Spielberg who recently agreed to become co-chairwoman of Lucasfilm, will now be its president, reporting to Alan F. Horn, the chairman of Disney’s movie studio.
Lucasfilm is based in San Francisco, and now, in combination with Pixar — which operates across the San Francisco Bay in Emeryville — it will give Disney, based in Burbank, a major presence in Northern California.
After the release of the first “Star Wars” film in 1977, Mr. Lucas’s Industrial Light & Magic took the lead in developing effects technologies that were used in a generation of science fiction and fantasy films. Eventually, other companies, including Weta Digital, a New Zealand company co-owned by the filmmaker Peter Jackson, rose to prominence in that field.
Asked about the future of Industrial Light & Magic, Mr. Iger said: “Our current thinking is we would let it remain as is.” In a later interview, Mr. Iger said Disney would be prudent in handling the Lucas operations, but was also mindful of the need to “reap the value” it sees there.
Along with “Star Wars” and its many iterations on movie screens, in television programming, in video games and elsewhere, Mr. Lucas has been a partner in the “Indiana Jones” series, and, occasionally, in an unrelated film, like “Willow,” though Disney executives said they were not relying on those films for future profit.
Mr. Rasulo told analysts that Lucasfilm’s consumer products licensing revenue, about $215 million this year, is roughly comparable to the amount of licensing revenue Marvel had when Disney bought it three years ago.
Posted by tj fame at Tuesday, October 30, 2012
Saturday, October 27, 2012
Monday, September 24, 2012
Saturday, July 7, 2012
Serena is BACK!
Saturday, June 2, 2012
Friday, May 25, 2012
Sunday, May 6, 2012
The Disney and Marvel Studios tentpole makes history in nabbing the biggest opening of all time in North America; globally "Avengers" has earned a massive $641.8 million in 12 days. Joss Whedon's The Avengers has set a new bar in opening to a walloping $200.3 million at the domestic box office, the largest debut ever and kicking of summer 2012 in high style. The Avengers -- marking a major victory for Disney and Marvel Studios -- easily dethroned Harry Potter and the Deathly Hallows: Part 2, which opened to $169.2 million last summer, then the largest number in history. Overseas, where Avengers opened a week ago, the tentpole has now earned $441.5 million for a stunning worldwide total of $641.8 million -- already surpassing the lifetime totals of Captain America: The First Avenger ($364 million), Thor ($449 million), Iron Man ($585 million) and Iron Man 2 ($624 million). The 3D tentpole is now positioned to reach $1 billion in global grosses. Among other records, Avengers is the first film in history to cross $200 million in only three days of play at the domestic box office. It also scored the biggest Saturday gross of all time in earning $69.7 million. "It's been a fantastic weekend on every single front," Disney executive vice president of distribution Dave Hollis said. Hollis said the slim 13 percent drop from Friday to Saturday reflects great word of mouth, as well as the fact that all segments of the audience are turning out, including families. Roughly 52 percent saw it in 3D. The tentpole played evenly in terms of age, with 50 percent of the audience under the the age of 25 and 50 percent over. Couples made up 55 percent, families 24 percent and teens 21 percent. Males represented 60 percent of the audience. Avengers -- which assembles marquee Marvel superhero characters Iron Man (Robert Downey Jr.), Thor (Chris Hemsworth), Captain America (Chris Evans), Hawkeye (Jeremy Renner), Black Widow (Scarlett Johansson) and Hawkeye (Jeremy Renner) -- earned an A+ CinemaScore. IMAX theaters reported record business, generating north of $15 million in ticket sales domestically to tie with Deathly Hallows Part 2 for the biggest opening weekend in the circuit's history. IMAX expects to finish the weekend with a worldwideume of $31.2 million.