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A sports betting partnership between Dish Network and DraftKings has hammered the stock of upstart streaming bundle provider FuboTV . Shares in Fubo, which have been on a wild ride in recent months but have risen more than 300% over the past year, were down 19% as the trading day reached the home stretch. The company on Tuesday reported fourth-quarter results that beat Wall Street expectations for revenue as the company’s service reached nearly 550,000 subscribers. Losses per share, however, widened to $2.47 in the period from $1.07 a year ago. That wasn’t anywhere close to analysts’ consensus forecast for a loss of 85 cents. Many investors have headed for the sidelines today given how central sports betting has been to the strategic plan of CEO David Gandler. More than a dozen states have legalized betting in the wake of a landmark 2018 Supreme Court ruling that opened the floodgates. The company has acquired Vigtory and Balto Sports, two deals that will help … [Read more...] about Dish-DraftKings Sports Betting Pact Blitzes FuboTV Stock

EXCLUSIVE: Byron Bowers is set to join Steven Soderbergh ’s next film, the New Line Max Original feature KIMI with Zoë Kravitz on board to star. The film will premiere exclusively on HBO Max. David Koepp penned the script and will produce along with Michael Polaire. The film follows an agoraphobic tech worker who discovers recorded evidence of a violent crime during an ordinary data stream review and tries reporting it up the chain of command at her company. Meeting with resistance and bureaucracy, she realizes that in order to get involved, she will have to do the thing she fears the most — leave her apartment. The film would mark the second collaboration between Warner Bros. Pictures Group, HBO Max and Soderbergh since the recent restructuring of the studio and the third between Soderbergh and HBO Max. It follows No Sudden Move , the upcoming starry Max Original ensemble crime thriller from Warner Bros. Pictures that features Don Cheadle, Benicio Del Toro, … [Read more...] about Byron Bowers Joins Steven Soderbergh’s Next Film ‘KIMI’ at New Line

Rolling Stone interview series Unknown Legends features long-form conversations between senior writer Andy Greene and veteran musicians who have toured and recorded alongside icons for years, if not decades. All are renowned in the business, but some are less well known to the general public. Here, these artists tell their complete stories, giving an up-close look at life on music’s A list. This edition features backup vocalist Dolette McDonald. When Dolette McDonald walked into the Talking Heads rehearsal space shortly before the launch of their 1980 Remain in Light world tour, she had no idea that her life was about to change forever. The band had hired her sight unseen as its first backup vocalist even though her main experience was singing in the church and on a handful of disco records. She’d never heard a note of their music and didn’t know who any of them were, but she instantly integrated herself into their world and became an incredible onstage foil for David Byrne, … [Read more...] about Backup Singer Dolette McDonald on Her Years With Talking Heads, the Police, and Don Henley