Accounting for long term contracts

Stephanie McMahon , the daughter of former WWE founder Vince McMahon and now the company’s Co-CEO, began the company’s second-quarter earnings call with a tribute to her father as a “true founder and entrepreneur.” Earlier this summer, she and Nick Khan were named Co-CEOs of the company as a board-initiated investigation into Vince McMahon’s conduct began. After the probe verified claims from numerous women of sexual harassment, retaliation and payoffs, McMahon resigned in July. Along with its financial results, the company reported earlier this morning that the investigation is now “substantially complete.” McMahon and his wife, Linda “poured their heart and soul into building this business and taking WWE from a regional wrestling promotion in the 1980s to the global entertainment enterprise we are today,” Stephanie McMahon said. “He built the foundation we stand on and prepared us for the future.” Prior to the call, WWE reported strong results for the … [Read more...] about WWE Starts Post-Vince McMahon Era With Strong Q2 Numbers; Co-CEO Stephanie McMahon Lauds Father As “True Founder And Entrepreneur”

Opinions expressed are solely those of the author and do not reflect the views of Rolling Stone editors or publishers. The entrepreneurial journey is tough — a real odyssey of challenges, difficulties, and failures. But like an odyssey, it is a beautiful journey, which asks of us mental endurance more than anything. Challenges, for entrepreneurs, are a sport, and like athletes, they go to great lengths to overcome them. People like Elon Musk have already tapped into the right mindset, founding successful enterprises one after the other with seemingly bottomless reserves of grit and intelligence. As the industry leader in electric vehicles, his ingenuity has brought great innovations to Earth, and with Space X, he is now reaching out into the universe. What the likes of Musk are capable of squeezing into a day’s work might seem almost supernatural. But if you look closely, their recipe for success is built around core mindsets that allow them to breeze through challenges and use … [Read more...] about 3 Key Ingredients for Successful Serial Entrepreneurship

Better Call Saul has ended. A review of the series finale, “Saul Gone,” coming up just as soon as I build a time machine… “Where do I see it ending? With me on top, like always.” —Saul James Morgan McGill and Walter White join forces one final time midway through “Saul Gone.” It is a flashback to the two of them hiding out in the vacuum store’s basement circa the “Granite State” episode of Breaking Bad , each of them waiting for Ed to secret them away to their new lives under assumed identities. Their conversation is a reminder of Walt’s arrogance, as well as his contempt for Saul: When Saul suggests he could have sued Gray Matter on Walt’s behalf, Walt dismisses him as the last attorney he ever would have employed for such a task. He would laugh in disbelief if you were to tell him that the man he knows as Saul Goodman once kicked off a successful multimillion-dollar class action suit against another corporation on behalf of defenseless senior citizens. Mostly, … [Read more...] about ‘Better Call Saul’ Series Finale Recap: Slippin’ Jimmy Vs. Saul Goodman

Former President Donald Trump claims that he “will do whatever” he can to bring down “the temperature” following last week’s FBI ’s raid of his Florida home and club, Mar-a-Lago . But even a glimpse of Truth Social — Trump’s social media company — shows that the MAGA website has been a haven for private, doxxed information not only about authorities involved in the federal raid, but also of their families. A review of Truth Social postings by Rolling Stone shows Trump supporters have spent the past week doxxing both Judge Bruce Reinhart, the magistrate judge who approved the Mar-a-Lago warrant, and an FBI agent involved in preparing the request, as well as their families. The information includes their purported home addresses, phone numbers, places of worship, private offices, and similar information about the men’s families and junior employees. Rolling Stone has declined to name the FBI agent targeted out of safety concerns. Spokespeople for … [Read more...] about Trump’s Site Is Being Weaponized Against the FBI — and Their Families

Darius Campbell Danesh , the Pop Idol contestant and star of multiple West End musicals, has died aged 41, his family has announced. Campbell Danesh was found unresponsive in his Rochester,  Minnesota apartment on August 11, according to a statement from his family, while cause of death is not yet known. “It is with great sadness that we announce the passing of Darius Campbell Danesh,” they said in a statement. “The cause of his sudden death is unknown at this stage while medical examinations continue. We ask that you kindly respect our wishes for privacy at this time whilst we come to terms with the tragic loss of our son and brother.” Born in Glasgow to a Scottish mother and Iranian father, Campbell Danesh first appeared on talent format Popstars two decades ago before finishing third in the first ever UK Pop Idol on ITV behind Will Young and Gareth Gates , winning over fans on a hit format that put him on the map. He followed up with a number one … [Read more...] about Darius Campbell Danesh Dies: ‘Pop Idol’ Contestant & West End Star Was 41

Earlier this month, poliovirus was discovered in wastewater in counties outside New York City late last month, signaling the first domestic outbreak since the 1970s of that potentially deadly and crippling virus. Covid . Monkey Pox. Now polio . If it seems like infectious diseases are coming at us faster, spreading more widely and persisting longer than they have in generations—well, it’s because they are, health experts say, largely because one thing that we can do to reliably prevent an outbreak of infectious disease—get vaccinated—is the one thing millions of people in the United States and across the developed world are failing to do. For the first time since the early 1990s, life-expectancy is actually dropping for many groups in the U.S. A fifth of Americans have refused the Covid vaccines for themselves or their children, according to the Centers for Disease Control and Prevention. And just 65 percent of residents of some counties outside New York … [Read more...] about Polio Is Making a Comeback. Thanks, Anti-Vaxxers!

After Zayn Malik abruptly departed from One Direction in 2015, he largely left the band in his rearview. Since then, it’s been mostly assumed that if ever there were to be a One Direction reunion, he would likely be sitting it out. But now it seems the tides are turning, nature is healing, and Zayn has shared his second One Direction cover of the summer, this time throwing it back to the reminiscent 2014 single “Night Changes.” View this post on Instagram A post shared by Zayn Malik (@zayn) “Everything that you’ve ever dreamed of/ Disappearing when you wake up/ But there’s nothing to be afraid of/ Even when the night changes/ It will never change me and you,” Zayn sings in the black and white video uploaded to Instagram. For the first few seconds, he isn’t even looking at the camera – just gazing longingly at the table he’s holding his phone against. But then he really gets into it, mixing up the runs on the second … [Read more...] about Zayn Malik Reminisces on the Golden Days of One Direction With ‘Night Changes’ Cover

Long gone are the days of 55M people tuning in to see Johnny Carson’s final ever appearance hosting The Tonight Show . However, Jimmy Fallon’s iteration of the venerable NBC series has reached its own milestone – becoming the first late-night show to reach 30M subscribers on YouTube. “That is a crazy number,” said Fallon. “I’m so thankful for everyone who watches on TV but also online and subscribes to our channel, it means a lot to all of us so we’re very proud. Thank you very much.” It highlights the changes in the medium with many people, particularly younger audiences choosing to watch clips of the late-night shows online, on YouTube and via social media rather than tune in at 11:30pm or 12:30am at night. The Tonight Show’s closest rival in terms of YouTube subscribers is The Late Late Show with James Corden with 27.9M, highlighting how much that that these shows with viral segments and variety spots are watched in a non-linear way. Elsewhere, Jimmy … [Read more...] about ‘The Tonight Show’ Hits YouTube Milestone With 30M Subscribers