A wild thing happened on Monday, March 1st. The share price of Live Nation Entertainment hit an all-time high — even though the last time the concert company had hosted a full-scale live show was 12 months prior. That stock-price peak sent the market cap of the Los Angeles-headquartered Live Nation surging above $20 billion for the first time. And this happened even as the company announced that, thanks to the prolonged Covid-19 lockdown, its fourth-quarter revenues for 2020 were just a tenth of the size they were in the same quarter of 2019 (a puny $237.3 million compared to $2.89 billion, to be exact). Why does Live Nation look so powerful on Wall Street even as a pandemic cripples its core business at the knees? The company’s counterintuitive, irrepressible market cap is likely about two things: one, the steady management of the company through the crisis under veteran CEO and president Michael Rapino, and two, investors’ confidence that the world will bounce back quickly from … [Read more...] about How Will Live Nation Bounce Back From the Concertless Year?
Quiz what are your political views
Rep. Matt Gaetz (R-Fla.) has for weeks now been trying to fend off one of the most bizarre sex scandal allegations to ever befall a member of Congress . The man he has to thank, other than himself, is Joel Greenberg . When The New York Times reported last month that Gaetz was under federal investigation over whether he engaged in the sex-trafficking of a 17-year-old girl, it noted that the inquiry sprung from a separate investigation into Greenberg. A former Seminole County, Florida , tax collector, Greenberg has been charged with everything from sex crimes to buying sports memorabilia with taxpayer money. Gaetz and Greenberg were friendly, and if Greenberg cooperates with investigators, as his attorney Fritz Scheller indicated he might last week, it could be very, very bad news for the Trump-loving congressman. Related Stories 'SNL' Weekend Update Covers Latest Matt Gaetz Sex Scandal Allegations Matt Gaetz Asked Trump to Pardon Him for ... Oh, Anything … [Read more...] about Who Is Joel Greenberg? A Guide to the Man Who Could Bring Down Matt Gaetz
EXCLUSIVE : The first four episodes of the second season of Derbez Family Vacation ( De Viaje Con Los Derbez ) will premiere on May 20 on Spanish-language streaming service Pantaya . The remaining three episodes will launch on May 27. The Spanish-language docu-comedy offers a ‘behind-the-scenes’ look at the vacation adventures of Mexican megastar Eugenio Derbez and his family, many of whom are also actors. In season two, the family explores the scenery of the northwest of the United States, from extreme adventures at Perrine Bridge in Twin Falls, Idaho, exploring the breathtaking views at Yellowstone National Park, to having close encounters with big and small wild creatures in Big Sky, Montana. The series is produced in association with Lionsgate by Derbez and Ben Odell’s 3Pas Studios as well as Katy Wallin and Stephanie Bloch Chambers’ Wallin Chambers Entertainment. Derbez, Ben Odell, Javier Williams, Katy Wallin and Stephanie Bloch Chambers serve as … [Read more...] about ‘Derbez Family Vacation’ Series 2 Sets Release Date On Pantaya
After another solid weekend at the box office , several Wall Street analysts have issued upbeat outlooks on the exhibition sector, calling for a robust moviegoing rebound from Covid-19 in 2022. One of the analysts, Eric Handler at MKM Partners, released findings from a survey his firm did of 1,000 moviegoers across the U.S. People who said they went to at least one movie a year before Covid-19, were polled between March 31 to April 4. Asked if they plan to return to a movie theater in the near future, 57% of respondents said yes and only 14% said no, with 29% not sure. The timing of when exactly they will go back depends on variables like the vaccine rollout. About 46% indicated a return in the next three months, but over six months the number rose to 72%. That pattern, Handler wrote, “sets the industry up well as it looks ahead to 2022.” Related Story 'Shameless' Series Finale: Showrunner John Wells On The Gallaghers' Goodbye, Why (Spoiler) Never Showed Up … [Read more...] about Movie Theater Analysts See Strong Box Office Rebound In 2022, Uptick In 2023 As Consumer Poll Shows Covid-19 Concerns Dissipating
Kareena Kapoor Khan took to her social media handle to share the promo of her upcoming cooking show Star Vs Food. The promo has her along with celebrities like Karan Johar, Malaika Arora, Arjun Kapoor and Pratik Gandhi put their cooking skills to test in a hilarious manner. The struggles faced by these celebs while pulling out some complex dishes will leave one in splits. Talking about the same, sharing the promo on her social media account, the Jab We Met actor stated that anyone who knows the Kapoor clan knows how much they love to eat. She also mentioned how it was love at first bite for her while making the mouth-watering pizza on the show. The actor thanked chef Sarita Pereira for patiently teaching her the same and called her amazing. The show will be premiering on April 15 on Discovery+. Take a look at the promo of Star Vs Food shared by Kareena. View this post on Instagram A post … [Read more...] about Kareena Kapoor Khan’s Star Vs Food Promo Shows Karan Johar-Malaika Arora Put Their Cooking Skills To Test