Getty Magic Johnson may soon be adding the title of NFL owner to his legacy ... the NBA icon is part of a group that just submitted an offer to buy the Washington Commanders that meets Dan Snyder 's asking price. ESPN's Adam Schefter reported the Lakers Hall of Famer, alongside 76ers owner Josh Harris and billionaire Mitchell Rales , officially submitted a $6 billion bid to buy the franchise on Tuesday. The development is substantial ... because Snyder -- who revealed in late 2022 that he was exploring selling the Commanders -- had been reportedly seeking $6 billion for his club ... which could mean a sale to the Johnson/Harris/Rales group is now imminent. TMZ/Backgrid The move would spell bad news for Jeff Bezos and Jay-Z ... as the two titans had big interest in buying the Commanders, even grabbing dinner in L.A. back in November to formulate a potential purchase plan. Getty Composite Jay-Z, … [Read more...] about Magic Johnson Group Submits $6 Billion Bid To Buy Commanders From Dan Snyder
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‘Phantom Of The Opera’ Grabs Another $3M; ‘Sweeney Todd’ Sells Out For $1.4M – Broadway Box Office
Broadway’s The Phantom of the Opera had yet another smashing, down-to-the-wire week at the Majestic, grossing more than $3 million for the second consecutive week as the countdown to its April 16 closing continues. Meanwhile, another villainous character – the bloodthirsty killer of the ecstatically reviewed Sweeney Todd, The Demon Barber of Fleet Street – also made good, selling out its opening week at the Lunt-Fontanne with a $1,394,402 gross. Average ticket price was $132.98. The two productions made hefty contributions to Broadway’s overall box office take of $32,656,200 for the week ending March 26. That’s a 4% dip from the previous week, although attendance of 259,758 held steady. The slip in receipts reflects a slightly lower average ticket price, due at least in some part to the annual Kids Week promotion, in which attendees under 18 at 21 of Broadway’s 31 shows got in free. Bad Cinderella , the new Andrew Lloyd Webber musical, also opened (but to … [Read more...] about ‘Phantom Of The Opera’ Grabs Another $3M; ‘Sweeney Todd’ Sells Out For $1.4M – Broadway Box Office
Regal Parent Cineworld Expects Bids For Theaters Outside U.S./UK, Says Plan To Exit Chapter 11 Nearly Ready
An attorney for bankrupt movie theater chain Cineworld said today it has “several” interested parties eyeing its business in “rest of world” — meaning Israel and Europe outside the UK — but nothing pending for the entire company, or, it seems for Regal in the U.S. Final bids are due April 10, said Joshua Sussberg of Kirland Ellis. Two strategic suitors potentially were interested in the full company, but the offers were too lowball to consider moving forward with. Meanwhile, he said, a comprehensive restructuring plan is close to being ready as Regal, its lenders and unsecured creditors are “dotting the i’s and crossing the t’s.” Sussberg said he hoped a plan might be filed as soon as Wednesday. A rep for the lenders agreed the sides are close, but he noted that these “are important i’s to dot and t’s to cross.” Cineworld filed for bankruptcy last fall in U.S. District Court in the Southern District of Texas. Judge Marvin Isgur said today he’s sticking with an April … [Read more...] about Regal Parent Cineworld Expects Bids For Theaters Outside U.S./UK, Says Plan To Exit Chapter 11 Nearly Ready
Former Amazon Studios Europe Boss Georgia Brown To Oversee BFI Skills Task Force
Former Amazon Studios Europe boss Georgia Brown is to chair the BFI ’s Skills Task Force, which has been assembled to address major skills shortages in the UK film and TV sector over the next five years. The Task Force has buy-in from streamers including Netflix, Prime Video, Apple TV + and Disney, U.S. studios including NBCUniversal and Sony, UK broadcasters and other bodies. Born from last year’s BFI Skills Review, the Task Force’s first focus will be on physical production skills in film, high-end TV, scripted comedy and cheaper drama, along with unscripted and children’s. Members of the plus-20-strong body will come up with an action plan and contribute to a series of meetings, identifying areas where the industry can work with the government to improve the current situation. Three focused workstreams have been established: industry training and investment; improving access to the Apprenticeship Levy; and pathways to industry from further and higher education. … [Read more...] about Former Amazon Studios Europe Boss Georgia Brown To Oversee BFI Skills Task Force