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NBC Prepares for Spin-Off By Hiring Christopher Halpin as CFO
NBCUniversal has appointed Christopher Halpin as chief financial officer as it prepares to separate from Comcast and operate as an independent public company within the next year. The move is significant because Halpin will help steer the company’s finances and strategy during a major corporate transition, while NBCUniversal seeks growth across media, entertainment and sports.…
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Musk plans big political ad buy in 8 states: Report
The article reports that Elon Musk is planning a major political advertising purchase across eight US states. If confirmed, the move would underline Musk’s growing willingness to use his wealth and public profile to influence electoral politics. The available text does not provide further details about the campaign’s purpose, the states involved, the cost of…
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EA’s $55bn buyout expected to close on 4 August
Electronic Arts expects its $55 billion go-private transaction to complete at the close of trading on 4 August, having secured all required regulatory approvals. The deal would take one of the world’s largest video game publishers off the stock market, subject only to the remaining customary closing conditions. The all-cash acquisition was announced last September…
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Mortgage rates hit their highest level in a year, driven by war and inflation concerns
US mortgage rates have risen to their highest level in a year, increasing borrowing costs for prospective homebuyers and potentially further weakening an already subdued housing market. The rise reflects investors’ concerns that the war involving Iran will keep oil prices high and revive inflation, pushing up the longer-term bond yields that strongly influence mortgage…
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Trump’s bold plan to rip migrant truckers off American roads and hand the rigs to veterans
The supplied text contains the headline of a Daily Mail article claiming Donald Trump has a plan to remove migrant lorry drivers from US roads and replace them with military veterans. If implemented, such a policy could affect labour supply in freight transport, immigration enforcement and veterans’ employment opportunities. However, the article body is not…
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Milo J & Trueno Double Down on Their Argentine Roots at LAMC: ‘The Best Thing We Could Do Was Make Music With Our Identity’
Argentine artists Milo J and Trueno told a Latin Alternative Music Conference panel in New York that their international success has come from embracing, rather than diluting, their local identity. They said music rooted in their neighbourhoods, language and Argentina’s football culture has connected with audiences abroad because it feels authentic. The pair also advised…
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Cinemark, Marcus CEOs On Box Office Rebound: Younger Audiences, Longer Windows, Balanced Mix Of Films
Cinema chain executives at Cinemark and Marcus Theatres say the box office is entering a stronger phase, helped by younger audiences, a broader range of successful films and longer exclusive cinema releases. They argue that this mix can make theatrical exhibition more resilient by reducing reliance on a small number of major franchise releases and…
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Francisca Valenzuela Breaks Down 5 Essential Tracks From Her New Album, ‘MALDITA’
Francisca Valenzuela’s seventh album, MALDITA, confronts the contradictions of early motherhood, pairing love and hope with postpartum depression, fear and uncertainty. – Released on 30 July via her Frantastic Records label, the 12-track album draws on Valenzuela’s first year as a mother. – The title track presents motherhood as both transformative and overwhelming, echoing Violeta…
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Anne Sweeney leaves Netflix board after 11 years
Anne Sweeney has resigned from Netflix’s board after more than 11 years as a director, according to an SEC filing. Netflix said the resignation took effect on 26 July and was not caused by any disagreement, marking a further change to the company’s board following co-founder Reed Hastings’s June departure as executive chairman. Sweeney joined…
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GEEZER BUTLER Says He And Other Members Of BLACK SABBATH Were ‘Surprised’ By Success Of ‘Heaven And Hell’ Album
Black Sabbath bassist Geezer Butler said the band were surprised by the commercial and radio success of 1980’s “Heaven and Hell”, despite believing strongly in the song. He suggested that some listeners had expected the group to decline after Ozzy Osbourne’s departure, but were won over by the album and its new singer, Ronnie James…