Kevin Costner is set to take on four different responsibilities this summer, as a director, co-writer, producer, and a leading star in his two-part theatrical franchise, Horizon: An American Saga. With the plot of the film series surrounding the American West during the Civil War period, Costner is once again set to appear in a Western drama.
Kevin Costner in Yellowstone
While the actor holds high hopes for his Horizon saga, there might be one star who would be less than impressed with Kevin Costner’s upcoming Western film series. It’s none other than Lily Gladstone, who previously offered her harsh criticism for Yellowstone, ahead of starring in Martin Scorsese’s Killers of the Flower Moon.
Kevin Costner’s Horizon Saga Holds High Stake at the Box Office
Turning into one of the biggest stars in the modern era of Westerns, Kevin Costner is repeatedly leading all kinds of Western projects,...
Kevin Costner in Yellowstone
While the actor holds high hopes for his Horizon saga, there might be one star who would be less than impressed with Kevin Costner’s upcoming Western film series. It’s none other than Lily Gladstone, who previously offered her harsh criticism for Yellowstone, ahead of starring in Martin Scorsese’s Killers of the Flower Moon.
Kevin Costner’s Horizon Saga Holds High Stake at the Box Office
Turning into one of the biggest stars in the modern era of Westerns, Kevin Costner is repeatedly leading all kinds of Western projects,...
- 4/18/2024
- by Krittika Mukherjee
- FandomWire
Gerry Turner and Theresa Nist became celebrities overnight. Turner starred as the first-ever golden bachelor on ABC’s The Golden Bachelor. Nist was the bachelorette who won Turner’s heart. Their whirlwind romance and televised wedding ensured fans were super invested in their romance. Now, it is coming to an end. On April 12, Nist and Turner announced they were calling it quits on their marriage. The announcement came just three months after they said, “I do.” Their premarital assets are safe, thanks to a prenuptial agreement, but industry experts insist the divorce will be extremely costly for the couple in the long run.
Gerry and Theresa have a prenup, but that doesn’t mean their divorce won’t be costly
After Nist and Turner announced their divorce, the couple quelled concerns about their financial health moving forward. The duo’s Good Morning America appearance confirmed they had signed a prenuptial agreement before their California wedding.
Gerry and Theresa have a prenup, but that doesn’t mean their divorce won’t be costly
After Nist and Turner announced their divorce, the couple quelled concerns about their financial health moving forward. The duo’s Good Morning America appearance confirmed they had signed a prenuptial agreement before their California wedding.
- 4/14/2024
- by Andrea Francese
- Showbiz Cheat Sheet
As the Kansas City Chiefs head to Super Bowl Lviii in February 2024, fans can’t stop talking about tight end Travis Kelce and superstar Taylor Swift. The football star and the pop singer’s romance seemingly came out of nowhere in 2023. Now, rumors of a possible engagement continue to swirl. Will Kelce propose to Swift at the Super Bowl? Here’s what insiders believe.
Will Travis Kelce propose to Taylor Swift at Super Bowl Lviii?
Travis Kelce and Taylor Swift are hitting six months of dating when Super Bowl Lviii happens. And the two appear madly in love. The Kansas City Chiefs player and the pop queen don’t speak too openly about their romance. But insiders believe Swift has finally found her forever man she’ll marry.
If the Chiefs win Super Bowl Lviii, it might be the perfect time for Kelce to pop the question. Is an engagement on the horizon?...
Will Travis Kelce propose to Taylor Swift at Super Bowl Lviii?
Travis Kelce and Taylor Swift are hitting six months of dating when Super Bowl Lviii happens. And the two appear madly in love. The Kansas City Chiefs player and the pop queen don’t speak too openly about their romance. But insiders believe Swift has finally found her forever man she’ll marry.
If the Chiefs win Super Bowl Lviii, it might be the perfect time for Kelce to pop the question. Is an engagement on the horizon?...
- 2/11/2024
- by Lauren Weiler
- Showbiz Cheat Sheet
King Charles‘ mother, Queen Elizabeth II, was the longest-reigning monarch in British history. Her reign spanned 70 years and made Charles the oldest and longest-serving heir apparent ever. Upon the queen’s death on Sept. 8, 2022, Charles ascended the throne. But because he assumed the job in his 70s at an age when most people are close to or have already retired, there’s been speculation about if and when he may abdicate and pass the crown on to his heir Prince William.
However, a royal commentator says don’t expect that to happen as there is only one reason King Charles would abdicate the throne.
King Charles III watches an Raf flypast from the balcony of Buckingham Palace following his and Queen Camilla’s coronation | Max Mumby/Indigo/Getty Images Monarchs don’t abdicate due to age
Only a handful of British monarchs have ever abdicated the throne including Richard II of England,...
However, a royal commentator says don’t expect that to happen as there is only one reason King Charles would abdicate the throne.
King Charles III watches an Raf flypast from the balcony of Buckingham Palace following his and Queen Camilla’s coronation | Max Mumby/Indigo/Getty Images Monarchs don’t abdicate due to age
Only a handful of British monarchs have ever abdicated the throne including Richard II of England,...
- 11/18/2023
- by Michelle Kapusta
- Showbiz Cheat Sheet
Once viewed as a modern fairy tale, Prince Harry and Meghan Markle’s journey with the British royal family has been rife with highs and lows. After a recent turn of events, the rift between the royals and Harry seems wider than ever.
In a significant departure from tradition, the royal family recently remained conspicuously silent on social media during the Duchess of Sussex’s 42nd birthday. As far as royal experts are concerned, the nub indicates that Harry’s return to the royal family is now a “fairytale.”
Prince Harry has a slim chance to return to the royal family following major Meghan Markle snub
The chances of Meghan and Harry making a surprise comeback to the royal family seem more like a dream than reality. This is especially true after the royals overlooked her birthday.
The Duchess of Sussex turned 42 on August 4. Yet, there was a noticeable absence...
In a significant departure from tradition, the royal family recently remained conspicuously silent on social media during the Duchess of Sussex’s 42nd birthday. As far as royal experts are concerned, the nub indicates that Harry’s return to the royal family is now a “fairytale.”
Prince Harry has a slim chance to return to the royal family following major Meghan Markle snub
The chances of Meghan and Harry making a surprise comeback to the royal family seem more like a dream than reality. This is especially true after the royals overlooked her birthday.
The Duchess of Sussex turned 42 on August 4. Yet, there was a noticeable absence...
- 8/7/2023
- by Perry Carpenter
- Showbiz Cheat Sheet
When Lizzo’s Watch Out for the Big Grrrls reality show, championing body positivity and inclusivity, captured an Emmy last year, perhaps more notable than its upset win was the entertainer’s emotional acceptance speech.
Calling the trophy for outstanding competition series “nice” after beating out extremely popular TV programs like RuPaul’s Drag Race, The Voice, The Amazing Race and Top Chef, Lizzo said: “When I was a little girl, all I wanted to see was me in the media, someone fat like me, Black like me, beautiful like me.”
She closed her speech by pointing to her cast of plus-size female dancers of color, who cheered loudly from their seats. “One year ago these women were filming this television show that would change their lives forever. They are Emmy Award-winning superstars who are going on a world tour. Make some noise for my Big Grrrls. I love you guys so much.
Calling the trophy for outstanding competition series “nice” after beating out extremely popular TV programs like RuPaul’s Drag Race, The Voice, The Amazing Race and Top Chef, Lizzo said: “When I was a little girl, all I wanted to see was me in the media, someone fat like me, Black like me, beautiful like me.”
She closed her speech by pointing to her cast of plus-size female dancers of color, who cheered loudly from their seats. “One year ago these women were filming this television show that would change their lives forever. They are Emmy Award-winning superstars who are going on a world tour. Make some noise for my Big Grrrls. I love you guys so much.
- 8/5/2023
- by Brande Victorian
- The Hollywood Reporter - Movie News
A crisis expert claims that Meghan Markle is planning an overhaul of her public image. They claim the Duchess of Sussex is taking an “opportunity to distance” herself from past “negativity” with new projects.
Meghan Markle photographed the Sentebale Isps Handa Polo Cup at the Royal County of Berkshire Polo Club on July 26, 2018, in Windsor, England | Anwar Hussein/WireImage A crisis expert claims Meghan Markle is looking for an ‘opportunity to distance’ herself from ‘past negativity’
Save for one public appearance in May of this year, Meghan Markle has remained largely out of sight. Meghan has not publicly spoken since virtually introducing family friend Misan Harriman before his Ted Talk in April. She reportedly has been staying at her and Prince Harry’s Montecito, CA home with their two children, Prince Archie and Princess Lilibet.
However, a new report claims Meghan Markle is in talks to debut as the new...
Meghan Markle photographed the Sentebale Isps Handa Polo Cup at the Royal County of Berkshire Polo Club on July 26, 2018, in Windsor, England | Anwar Hussein/WireImage A crisis expert claims Meghan Markle is looking for an ‘opportunity to distance’ herself from ‘past negativity’
Save for one public appearance in May of this year, Meghan Markle has remained largely out of sight. Meghan has not publicly spoken since virtually introducing family friend Misan Harriman before his Ted Talk in April. She reportedly has been staying at her and Prince Harry’s Montecito, CA home with their two children, Prince Archie and Princess Lilibet.
However, a new report claims Meghan Markle is in talks to debut as the new...
- 6/19/2023
- by Lucille Barilla
- Showbiz Cheat Sheet
Prince Harry and Meghan Markle haven’t said whether or not they’re going to King Charles III’s coronation. However, the couple may want to for good “optics.” Commentators say by attending the ceremony, they will look like they’re “continuing to do their best on their end.”
There will be ‘a lot of questions’ if Harry and Meghan don’t go to the coronation Meghan Markle and Prince Harry | Dominic Lipinski – Pool/Getty Images
As awkward as it might be to attend the coronation in the aftermath of Spare, a PR expert says the “optics” would be better if the Duke and Duchess of Sussex go.
“I think that if they attended the coronation, it would be a way for them to maybe continue any healing that they’re hoping to have,” royal watcher Kristen Meinzer said (via Insider).
The “main benefit,” she explained, is “the optics of...
There will be ‘a lot of questions’ if Harry and Meghan don’t go to the coronation Meghan Markle and Prince Harry | Dominic Lipinski – Pool/Getty Images
As awkward as it might be to attend the coronation in the aftermath of Spare, a PR expert says the “optics” would be better if the Duke and Duchess of Sussex go.
“I think that if they attended the coronation, it would be a way for them to maybe continue any healing that they’re hoping to have,” royal watcher Kristen Meinzer said (via Insider).
The “main benefit,” she explained, is “the optics of...
- 3/27/2023
- by Mandi Kerr
- Showbiz Cheat Sheet
Less than one month after he was charged, Alec Baldwin has managed to slash five years off of his possible sentence and is awaiting a ruling on a motion to disqualify the special prosecutor appointed to the case over his role in the fatal shooting of a cinematographer on the set of Rust.
With momentum on his side, Baldwin will likely take his case to a jury instead of accepting a plea deal if he’s offered one, according to several legal experts consulted by The Hollywood Reporter.
Mary Carmack-Altwies, the district attorney who serves Santa Fe County, filed an amended complaint on Monday downgrading involuntary manslaughter charges against Baldwin and armorer Hannah Gutierrez-Reed. The move, which significantly reduced their possible prison time, came after lawyers for the actor and producer of the low-budget Western argued that their client was unconstitutionally charged with violating a recently-amended firearm enhancement statute that...
With momentum on his side, Baldwin will likely take his case to a jury instead of accepting a plea deal if he’s offered one, according to several legal experts consulted by The Hollywood Reporter.
Mary Carmack-Altwies, the district attorney who serves Santa Fe County, filed an amended complaint on Monday downgrading involuntary manslaughter charges against Baldwin and armorer Hannah Gutierrez-Reed. The move, which significantly reduced their possible prison time, came after lawyers for the actor and producer of the low-budget Western argued that their client was unconstitutionally charged with violating a recently-amended firearm enhancement statute that...
- 2/22/2023
- by Winston Cho
- The Hollywood Reporter - Movie News
As the streaming industry matures, AMC Networks — the cable-reliant company that introduced such hits as “Mad Men,” “Breaking Bad” and “The Walking Dead” — is among the smaller businesses that may be left behind in the competitive streaming wars, industry insiders tell TheWrap.
AMC Networks, majority-owned and controlled by the Dolan family, launched its flagship streamer, AMC+, in the summer of 2020, at the height of the pandemic and amid the boom of new platforms like the rebranded HBO Max. Just months afterward, in November, the company announced layoffs affecting 100 staffers, roughly 10 of its workforce at the time, in a restructuring meant to streamline linear network operations with streaming, then considered one of AMC Networks’ areas with the greatest potential for growth.
Last week, the company once again announced a “large-scale layoff” affecting roughly 20 of its staff as well as the abrupt departure of CEO Christina Spade after just three months. (Board...
AMC Networks, majority-owned and controlled by the Dolan family, launched its flagship streamer, AMC+, in the summer of 2020, at the height of the pandemic and amid the boom of new platforms like the rebranded HBO Max. Just months afterward, in November, the company announced layoffs affecting 100 staffers, roughly 10 of its workforce at the time, in a restructuring meant to streamline linear network operations with streaming, then considered one of AMC Networks’ areas with the greatest potential for growth.
Last week, the company once again announced a “large-scale layoff” affecting roughly 20 of its staff as well as the abrupt departure of CEO Christina Spade after just three months. (Board...
- 12/13/2022
- by Natalie Oganesyan
- The Wrap
Over a month after the Astroworld tragedy, Anheuser-Busch announced Friday that it will no longer distribute Travis Scott’s Cacti line of hard seltzers, ending their partnership with the rapper after less than a year.
“After careful evaluation, we have decided to stop all production and brand development of Cacti Agave Spiked Seltzer. We believe brand fans will understand and respect this decision,” the beverage maker said in a statement Friday.
While Anheuser-Busch did not specifically cite the Astroworld tragedy as the reason for discontinuing the hard seltzer line, the...
“After careful evaluation, we have decided to stop all production and brand development of Cacti Agave Spiked Seltzer. We believe brand fans will understand and respect this decision,” the beverage maker said in a statement Friday.
While Anheuser-Busch did not specifically cite the Astroworld tragedy as the reason for discontinuing the hard seltzer line, the...
- 12/11/2021
- by Daniel Kreps
- Rollingstone.com
CAA’s planned acquisition of ICM Partners would reduce the big four agencies to three, but the deal suggests that the magic number may be two. Each of the two largest agencies have embraced a different business model: Be like CAA and double down on the representation business and strengthen negotiating power against increasingly powerful studios and streamers; or, be like WME and try to have it both ways as part of media empire that competes with Disney while also negotiating with it.
And finally, there may be only one path for agency enlightenment: While CAA’s focused strategy is very different than the deeply diversified Endeavor, its likely that CAA will also see exposure to public markets: Its majority owner has spent much of the last year working on an IPO.
Like rival WME, CAA attracted investment from private equity. In 2010 it sold a stake to global private investment firm Tpg,...
And finally, there may be only one path for agency enlightenment: While CAA’s focused strategy is very different than the deeply diversified Endeavor, its likely that CAA will also see exposure to public markets: Its majority owner has spent much of the last year working on an IPO.
Like rival WME, CAA attracted investment from private equity. In 2010 it sold a stake to global private investment firm Tpg,...
- 9/29/2021
- by Chris Lindahl
- Indiewire
As mergers and acquisitions have shaken up Hollywood, all eyes have been on A24 — recently rumored to be floating a sale for up to $3 billion. Would the nine-year-old indie tastemaker behind Oscar-winners like “Moonlight” and hit series like “Euphoria” cash in on the fervor that’s led to rich deals for Hello Sunshine and MGM? The answer, at least for now, is no.
IndieWire has confirmed that A24 has hired its very first CFO in J.B. Lockhart, who has served for the last four years as the CFO of the NBA. His charge is clear: lead the company’s continued global expansion. And with previous experience in venture capital and at Disney working to identify merger and acquisition targets, industry sources say it’s possible A24 hopes that the Lockhart-led growth is in preparation for a possible sale or public offering down the road — or even to acquire other companies itself.
IndieWire has confirmed that A24 has hired its very first CFO in J.B. Lockhart, who has served for the last four years as the CFO of the NBA. His charge is clear: lead the company’s continued global expansion. And with previous experience in venture capital and at Disney working to identify merger and acquisition targets, industry sources say it’s possible A24 hopes that the Lockhart-led growth is in preparation for a possible sale or public offering down the road — or even to acquire other companies itself.
- 8/18/2021
- by Chris Lindahl
- Indiewire
Two blockbuster media deals in announced in May — the WarnerMedia-Discovery merger and Amazon’s $8.45 billion acquisition of MGM — was as clear a sign as any that Hollywood’s next chapter would be defined by big streamers spending big to get even bigger — and, presumably, choking out the competition. Now meet its corollary: A new company led by former Disney execs Kevin Mayer and Tom Staggs announced it would acquire a majority stake in Reese Witherspoon’s Hello Sunshine — not with an eye toward building a streaming service, but as the cornerstone of a plan to become a streaming-content powerhouse.
The $900 million price tag for Witherspoon’s company sounds insane by Hollywood standards, and it is: That valuation comes from the tech industry, not from studio comps. More importantly, as box-office and Nielsen impact declines as a metric of clout, the Blackstone-backed deal shows there’s room for major TV...
The $900 million price tag for Witherspoon’s company sounds insane by Hollywood standards, and it is: That valuation comes from the tech industry, not from studio comps. More importantly, as box-office and Nielsen impact declines as a metric of clout, the Blackstone-backed deal shows there’s room for major TV...
- 8/3/2021
- by Chris Lindahl
- Indiewire
Billionaire tech entrepreneur Elon Musk, the newest board member at Ari Emanuel’s Endeavor Group Holdings Inc., brings a new kind of star power to the financially troubled entertainment conglomerate that could drive a successful IPO, experts say.
But it’s Musk’s cult appeal rather than his business acumen that Endeavor is banking on for its second IPO attempt, said David Offenberg, an associate professor of finance at Loyola Marymount University focusing on the entertainment business. “Elon Musk is arguably one of the greatest entrepreneurs that the world has ever known. Any company would be lucky to have him advising their CEO and executive team,” Offenberg said.
But, he added, “Endeavor is no Disney — they’re not a brand name outside of Hollywood — so they need help getting investors’ attention,” Offenberger told TheWrap. “Elon Musk has a huge pop culture following and is a master at drawing attention to things that interest him.
But it’s Musk’s cult appeal rather than his business acumen that Endeavor is banking on for its second IPO attempt, said David Offenberg, an associate professor of finance at Loyola Marymount University focusing on the entertainment business. “Elon Musk is arguably one of the greatest entrepreneurs that the world has ever known. Any company would be lucky to have him advising their CEO and executive team,” Offenberg said.
But, he added, “Endeavor is no Disney — they’re not a brand name outside of Hollywood — so they need help getting investors’ attention,” Offenberger told TheWrap. “Elon Musk has a huge pop culture following and is a master at drawing attention to things that interest him.
- 4/6/2021
- by Diane Haithman
- The Wrap
For years, Shia Labeouf has been open about his battles with childhood trauma, mental health issues, substance abuse and run-ins with the law. But after being accused last week of assault and sexual battery by his former girlfriend, musician Fka Twigs, some PR experts wonder if his behavior will finally make him untouchable in Hollywood. “You’re entering into this area of no-man’s-land for any celebrity where abuse and disgusting behavior is seen as tremendously out of bounds,” Eric Schiffer, an expert in reputation, brand and political strategy and chairman of ReputationManagementConsultants.com, told TheWrap. “It crossed the line for a lot of people into a level of mortal horror. It was one thing for him to do lethally stupid things, but now you’re talking about things that are viewed like the plague to most people.” Bad behavior is par for the course for many celebs, and Labeouf...
- 12/18/2020
- by Brian Welk and Umberto Gonzalez
- The Wrap
We’re now over a month out from Johnny Depp‘s high profile libel defeat and it’s set to have a major effect on his career. The judge concluded that The Sun newspaper was not being libellous when it referred to him as a “wife beater,” a decision that Depp’s legal team dubbed “as perverse as it is bewildering.” He’s since lodged an appeal, but already has taken some hard knocks.
Warner Bros. booted him off Fantastic Beasts 3, his film Minamata was removed from festival schedules, and he lost out on the lead role in a Harry Houdini TV project. But now, The Hollywood Reporter has published a bombshell article interviewing several industry insiders who agree that the actor is effectively unemployable at this point.
One studio head, who remains unnamed, said the following about Depp:
“You simply can’t work with him now. He’s radioactive.
Warner Bros. booted him off Fantastic Beasts 3, his film Minamata was removed from festival schedules, and he lost out on the lead role in a Harry Houdini TV project. But now, The Hollywood Reporter has published a bombshell article interviewing several industry insiders who agree that the actor is effectively unemployable at this point.
One studio head, who remains unnamed, said the following about Depp:
“You simply can’t work with him now. He’s radioactive.
- 12/10/2020
- by David James
- We Got This Covered
The earthquake that shook Hollywood on Thursday — with WarnerMedia announcing that its entire 2021 motion picture slate will be released in theaters and streamed on HBO Max on the same day — signals a paradigm shift likely to be embraced by audiences and film companies on a permanent basis. “The concept of modern-day cinema has been burnt to ashes,” said Eric Schiffer, CEO of The Patriarch Organization a private equity and venture capital firm based in Santa Ana. “It’s been hit with its own form of plague and this is the greatest danger to the big cinematic experience.” Hollywood insiders and industry analysts reacted with a sense of both uncertainty and inevitability. Uncertainty over if and when other studios would follow WarnerMedia’s lead, and inevitability that the digital transformation of entertainment had arrived in a permanent way not yet fully understood. Although Warner said that its hybrid release plan was...
- 12/4/2020
- by Diane Haithman and Beatrice Verhoeven
- The Wrap
Warner Bros. shocking decision to release all of its 2021 films on HBO Max and in theaters simultaneously may have been prompted by unprecedented circumstances — the coronavirus pandemic that has shut down theaters worldwide, with full reopening postponed to some distant future. But what Warner Bros. CEO Ann Sarnoff called a “unique one-year plan” is creating fear of permanent changes to movie theaters that have been under strain even before this year. “It’s a nail in the coffin for theaters who have been vulnerable for a long time — you are witnessing the single biggest blow to cinema since Covid-19,” the Patriarch Organization CEO Eric Schiffer told TheWrap, noting that WarnerMedia parent AT&T “has made a business decision that the traditional movie experience is less important” than growing the company’s six-month-old streaming platform. Warner’s announcement includes likely blockbusters such as DC Films’ “The Suicide Squad,” the sci-fi remake “Dune...
- 12/4/2020
- by Jeremy Fuster
- The Wrap
Johnny Depp has shattered his reputation — putting what one crisis PR expert called a “modern-day scarlet letter” on his personal brand — after a British judge on Monday shot down his libel suit against the Sun and ruled that the tabloid’s claim that the star was a “wife beater” was “substantially true.” “This is a terrible day for self-deluded prima donnas in Hollywood who are out of touch with reality and believe that they could will their own vision of reality to judgment,” Eric Schiffer, leading international expert in reputation, brand and political strategy and chairman of Patriarch Organization and ReputationManagementConsultants.com, told TheWrap. Describing Monday’s ruling as a “body blow” to the actor that will be a “precursor of further carnage to Depp,” he added, “This is a modern-day scarlet letter across Johnny’s brand and he’s going to need to deal with this through making amends.
- 11/6/2020
- by Beatrice Verhoeven
- The Wrap
AMC Theatres, the nation’s largest movie theater chain with more than 630 venues in the U.S., faces an existential threat after the coronavirus pandemic forced the company to close all of its theaters in the U.S. and U.K. for the next six to 12 weeks. The debt-laden exhibitor’s stock price has plummeted 83% in the last year, finishing Tuesday’s trading session below $3 a share as its market cap has shrunk to just $271 million. All of this raises questions about whether it will still be left standing when the dust of Covid-19 eventually settles. “I don’t see how they survive this,” said Eric Schiffer, CEO of private equity firm The Patriarch Organization. And B.Riley Fbr analyst Eric Wold on Wednesday downgraded AMC’s stock from a buy rating to neutral and cut the price target to $3.50 from $13. AMC was in a precarious state even before the Covid-19 pandemic,...
- 3/18/2020
- by Trey Williams
- The Wrap
After Bachelorette winner Garrett Yrigoyen was slammed by Bachelor Nation for "liking" racist and sexist posts on Instagram, he issued an apology. But according to celebrity reputation expert Eric Schiffer, Garrett's plea — and Becca Kufrin's questionable response to it — might ultimately harm her reputation more than his. Garrett addressed the controversy on last night's After the Final Rose, but Schiffer believes he only dug his hole deeper. "Given the political, emotionally charged atmosphere, Garret's apology on After The Final Rose will have fans thinking he is a total laughingstock. Garret's grotesque and racist social media will forever haunt him, and continue to do devastating damage to Rebecca's brand." When asked about Garrett’s controversial social media behavior, Becca previously told The Hollywood Reporter, "All I can ask is that people watch the season and get to know not only me for who I am, but get to know these guys as well.
- 8/7/2018
- by Katie Corvino
- Life and Style
Despite Disney gaining approval from the Department of Justice for its $71.3 billion acquisition of 21st Century Fox’s film and TV entertainment assets, Comcast is not out of the running yet. But the clock is ticking.
“This puts them under more time pressure to stop the freight train that is Disney’s current bid,” Laura Martin, an analyst for Needham & Company, told TheWrap on Wednesday. “They had to know a counter bid was coming from Disney — what’s taking so long?”
Earlier Wednesday, the Justice Department signed off on the revised Disney deal in which Disney agreed to divest Fox’s 22 regional sports networks within 90 days of the closing as a condition of antitrust approval.
With the feds signed off, all that’s left is a vote by each company’s shareholders to make the deal official.
Also Read: Disney Wins Approval From Department of Justice for $71 Billion Fox Bid
But Fox,...
“This puts them under more time pressure to stop the freight train that is Disney’s current bid,” Laura Martin, an analyst for Needham & Company, told TheWrap on Wednesday. “They had to know a counter bid was coming from Disney — what’s taking so long?”
Earlier Wednesday, the Justice Department signed off on the revised Disney deal in which Disney agreed to divest Fox’s 22 regional sports networks within 90 days of the closing as a condition of antitrust approval.
With the feds signed off, all that’s left is a vote by each company’s shareholders to make the deal official.
Also Read: Disney Wins Approval From Department of Justice for $71 Billion Fox Bid
But Fox,...
- 6/27/2018
- by Tim Baysinger and Trey Williams
- The Wrap
This season of Keeping Up With the Kardashians is guaranteed to be the most dramatic ever — as Khloé Kardashian is reportedly prepared to address Tristan Thompson's cheating on the reality series. Khloé has yet to publicly discuss the scandal, but that will change once the famous family's show comes back. "They always discuss real life things on the show. They’ve never ignored a topic," a source told Us Weekly. "It will definitely be brought up, but they don’t know how much. They can film hours about it, but in the end, Khloé is one of the executive producers and will have final say on what actually makes air." As expected, the NBA star is not thrilled about the news. A post shared by Khloe Kardashian Snapchats❕ (@khloesnapchats) on Jun 17, 2018 at 11:25am Pdt "He doesn’t understand why it has to be addressed, but Khloé has said...
- 6/21/2018
- by Anna Quintana
- Life and Style
Rapper and fashion designer Kanye West made waves last week when he returned to Twitter with his typical ~genius~ rants — but certainly angered fans by voicing his support for controversial President Donald Trump. Between rocking "Make America Great Again" merchandise and calling The Apprentice alum a "brother," his recent outbursts allegedly have Kris Jenner "worried about Kim Kardashian's brand." Life & Style asked brand and reputation expert Eric Schiffer if Kanye’s pro-Trump tweets will damage his wife’s rep, and according to him, the Kkw beauty mogul has nothing to worry about. "Kim has already made overtures that she's not a Trump supporter, and she's nuanced it in a way to both let that message out and simultaneously talk about how she supports her husband's ability to 'think differently' and that he's a genius because he thinks differently," he said. The new mother-of-three jumped to Ye's defense on Twitter after...
- 4/26/2018
- by Amber Belus
- Life and Style
Comcast has thrown its hat in the ring with a $31 billion bid for U.K. broadcaster Sky, but the question now is whether that hat is actually a wrench for Disney and 21st Century Fox?
Analysts have speculated on what Comcast’s next big move could be for the past year. As video growth slows, the media company is in need of an acquisition to give to it some juice and Sky is an attractive asset because of its 23 million subscriber-foothold in Europe.
During Comcast’s quarterly conference call with investors in February, CEO Brian Roberts said that Comcast has “admired Sky for a long time.”
Also Read: Dolby, Disney Extend Deal Starting With 'Avengers: Infinity War,' 'Solo: A Star Wars Story'
Disney CEO Bob Iger has also been eyeing Sky, even calling the company a crown jewel. Fox owns 39 percent of Sky, which is an important part of Disney’s $52.4 billion bid for some of Fox’s assets.
“Based on my perception of how Disney views this asset, I don’t think they’ll just walk away,” Cfra Research analyst Tuna Amobi told TheWrap. “I think they’re likely to counter bid, which will probably lead to a bidding war.”
Also Read: Stocks Soar for Comcast and Sky After $31 Billion Offer
Disney has previously indicated that they could even make a separate offer for Sky aside from its pending Fox deal, Amobi said. The company could pursue that, or even go back and renegotiate its deal with Fox.
Comcast’s bid puts both Disney and Fox in tough situations. It raises the stakes for Disney’s Fox bid, but Amobi said it likely doesn’t make the deal less attractive.
A Fox insider told TheWrap that the deal with Disney isn’t contingent on the Sky outcome. “We can do the current deal with current 39 percent — or 100 percent,” they said.
Also Read: Comcast Tops Q1 Earnings Estimates Thanks to Winter Olympics and Super Bowl
Comcast has been linked with Disney, Fox and Sky since Disney announced its bid for Fox’s assets in December. At the time, Btig analyst Rich Greenfield posited that Comcast was a more logical buyer considering its position.
“Comcast could pay significantly more for Fox’s to-be-sold assets than Disney,” Greenfield said. “With Sky as the largest asset being sold by Fox, the synergies with Comcast are significant. The two companies could leverage their set-top box technology, buy original and library content for a wider subscriber base and reach more global deals with third-parties who want to be on their set-top platform (such as a Netflix or Amazon) whereas Disney has no pay TV business in the Us to leverage off, nor any experience operating a pay TV business.”
Eric Schiffer, CEO of The Patriarch Organization and chairman of Reputation Management Consultants, told TheWrap that if Comcast could buy Fox, it would have. “But that would be like watching cobras circle each other. Murdoch would rather chew glass than sell to Comcast,” he said.
Comcast’s bid for 100 percent of Sky values the company significantly higher than Fox’s offer for the 61 percent of the company it doesn’t own.
The ball is in now Disney’s court, but how this shakes out also depends on the regulatory perception in the U.K.
“We’ll have to wait to see what happens,” Amobi said about the battle for Sky. “It’s shaping up to be a highly contested scenario.”
Disney, Comcast and Sky did not immediately respond to TheWrap’s request for comment.
Read original story What Does Comcast’s $31 Billion Sky Bid Mean for Fox and Disney? At TheWrap...
Analysts have speculated on what Comcast’s next big move could be for the past year. As video growth slows, the media company is in need of an acquisition to give to it some juice and Sky is an attractive asset because of its 23 million subscriber-foothold in Europe.
During Comcast’s quarterly conference call with investors in February, CEO Brian Roberts said that Comcast has “admired Sky for a long time.”
Also Read: Dolby, Disney Extend Deal Starting With 'Avengers: Infinity War,' 'Solo: A Star Wars Story'
Disney CEO Bob Iger has also been eyeing Sky, even calling the company a crown jewel. Fox owns 39 percent of Sky, which is an important part of Disney’s $52.4 billion bid for some of Fox’s assets.
“Based on my perception of how Disney views this asset, I don’t think they’ll just walk away,” Cfra Research analyst Tuna Amobi told TheWrap. “I think they’re likely to counter bid, which will probably lead to a bidding war.”
Also Read: Stocks Soar for Comcast and Sky After $31 Billion Offer
Disney has previously indicated that they could even make a separate offer for Sky aside from its pending Fox deal, Amobi said. The company could pursue that, or even go back and renegotiate its deal with Fox.
Comcast’s bid puts both Disney and Fox in tough situations. It raises the stakes for Disney’s Fox bid, but Amobi said it likely doesn’t make the deal less attractive.
A Fox insider told TheWrap that the deal with Disney isn’t contingent on the Sky outcome. “We can do the current deal with current 39 percent — or 100 percent,” they said.
Also Read: Comcast Tops Q1 Earnings Estimates Thanks to Winter Olympics and Super Bowl
Comcast has been linked with Disney, Fox and Sky since Disney announced its bid for Fox’s assets in December. At the time, Btig analyst Rich Greenfield posited that Comcast was a more logical buyer considering its position.
“Comcast could pay significantly more for Fox’s to-be-sold assets than Disney,” Greenfield said. “With Sky as the largest asset being sold by Fox, the synergies with Comcast are significant. The two companies could leverage their set-top box technology, buy original and library content for a wider subscriber base and reach more global deals with third-parties who want to be on their set-top platform (such as a Netflix or Amazon) whereas Disney has no pay TV business in the Us to leverage off, nor any experience operating a pay TV business.”
Eric Schiffer, CEO of The Patriarch Organization and chairman of Reputation Management Consultants, told TheWrap that if Comcast could buy Fox, it would have. “But that would be like watching cobras circle each other. Murdoch would rather chew glass than sell to Comcast,” he said.
Comcast’s bid for 100 percent of Sky values the company significantly higher than Fox’s offer for the 61 percent of the company it doesn’t own.
The ball is in now Disney’s court, but how this shakes out also depends on the regulatory perception in the U.K.
“We’ll have to wait to see what happens,” Amobi said about the battle for Sky. “It’s shaping up to be a highly contested scenario.”
Disney, Comcast and Sky did not immediately respond to TheWrap’s request for comment.
Read original story What Does Comcast’s $31 Billion Sky Bid Mean for Fox and Disney? At TheWrap...
- 4/25/2018
- by Trey Williams and Tony Maglio
- The Wrap
Now that Comcast has formally thrown its hat into the ring to acquire Sky Plc, the U.K. broadcaster could find itself in the middle of a bidding war between Comcast and 21st Century Fox.
Which begs the question: Why does everyone want Sky so much?
More and more, U.S. companies have been looking internationally as a way to further build scale to compete against the rising tide of deep-pocketed tech companies — like Amazon and Netflix — invading their turf.
Also Read: Comcast Makes Formal $31 Billion Cash Offer for Sky, UK Company Scraps Fox Deal
Sky’s businesses would grow Comcast’s international revenue from 9 percent of its overall revenue to 25 percent. Sky counts nearly 23 million customers in key parts of Europe, including Germany, Italy and Austria, along with the U.K. and Ireland.
Sky has “a tremendous distribution network around Europe,” Eric Schiffer, CEO of The Patriarch Organization and chairman of Reputation Management Consultants, told TheWrap. “These large companies [like Fox and Comcast] have to do more with distribution in the battle against streaming giants like Netflix, and now Amazon, and there are not many things that you can acquire today to give you that power and ability.”
In discussing the proposal on its first-quarter earnings call Wednesday morning, Comcast chairman and CEO, Brian L. Roberts attempted to beat back any assertions that Comcast needed to buy Sky. “I don’t think we have to do this,” he said, but added that it makes sense with such similarities between the two companies.
Also Read: Stocks Soar for Comcast and Sky After $31 Billion Offer
“I think it is a unique asset in Sky’s case that fits well within the mix of businesses that we’ve already got,” Roberts continued. “A benefit is that you would get new geographies and additional scale, which gives you optionality for future things to consider.”
Sky would fit in nicely with Comcast’s other assets, namely NBCUniversal, with its mix of entertainment, sports and news content. In February, Sky extended its rights deal with the English Premier League through 2022, among the world’s most popular (and thus, valuable) sports leagues. That would work well with Comcast, which holds the U.S. TV rights for the British soccer league via NBCUniversal, also through 2022.
There’s also a bit of corporate gamesmanship going on.
Also Read: Comcast Tops Q1 Earnings Estimates Thanks to Winter Olympics and Super Bowl
Comcast’s proposal, which caused Sky’s independent directors to withdraw their recommendation that shareholders accept the Fox offer, would also complicate Disney’s impending purchase of Fox assets, of which Sky was supposed to be a major part. If Fox doesn’t get Sky, Disney would be on the hook to make an offer itself for all of Sky.
“The Machiavellian view is that Comcast is doing this to try to blow up Disney’s deal,” Schiffer added. “It’s jamming a competitor.” However, a Fox insider told TheWrap the deal with Disney is not contingent on what happens with Sky.
For Fox, Sky is a bit of a passion project for Rupert Murdoch, who founded the satellite broadcaster in 1990, and already owns 39 percent of the company and has had his eye on gaining full control for years.
At least investors remain bullish that Fox will not give up its pursuit of Sky despite Comcast’s best efforts.
Disney, Comcast and Sky did not immediately reply to our request for comment.
Read original story Why Do Comcast and Fox Want to Buy Sky So Much? At TheWrap...
Which begs the question: Why does everyone want Sky so much?
More and more, U.S. companies have been looking internationally as a way to further build scale to compete against the rising tide of deep-pocketed tech companies — like Amazon and Netflix — invading their turf.
Also Read: Comcast Makes Formal $31 Billion Cash Offer for Sky, UK Company Scraps Fox Deal
Sky’s businesses would grow Comcast’s international revenue from 9 percent of its overall revenue to 25 percent. Sky counts nearly 23 million customers in key parts of Europe, including Germany, Italy and Austria, along with the U.K. and Ireland.
Sky has “a tremendous distribution network around Europe,” Eric Schiffer, CEO of The Patriarch Organization and chairman of Reputation Management Consultants, told TheWrap. “These large companies [like Fox and Comcast] have to do more with distribution in the battle against streaming giants like Netflix, and now Amazon, and there are not many things that you can acquire today to give you that power and ability.”
In discussing the proposal on its first-quarter earnings call Wednesday morning, Comcast chairman and CEO, Brian L. Roberts attempted to beat back any assertions that Comcast needed to buy Sky. “I don’t think we have to do this,” he said, but added that it makes sense with such similarities between the two companies.
Also Read: Stocks Soar for Comcast and Sky After $31 Billion Offer
“I think it is a unique asset in Sky’s case that fits well within the mix of businesses that we’ve already got,” Roberts continued. “A benefit is that you would get new geographies and additional scale, which gives you optionality for future things to consider.”
Sky would fit in nicely with Comcast’s other assets, namely NBCUniversal, with its mix of entertainment, sports and news content. In February, Sky extended its rights deal with the English Premier League through 2022, among the world’s most popular (and thus, valuable) sports leagues. That would work well with Comcast, which holds the U.S. TV rights for the British soccer league via NBCUniversal, also through 2022.
There’s also a bit of corporate gamesmanship going on.
Also Read: Comcast Tops Q1 Earnings Estimates Thanks to Winter Olympics and Super Bowl
Comcast’s proposal, which caused Sky’s independent directors to withdraw their recommendation that shareholders accept the Fox offer, would also complicate Disney’s impending purchase of Fox assets, of which Sky was supposed to be a major part. If Fox doesn’t get Sky, Disney would be on the hook to make an offer itself for all of Sky.
“The Machiavellian view is that Comcast is doing this to try to blow up Disney’s deal,” Schiffer added. “It’s jamming a competitor.” However, a Fox insider told TheWrap the deal with Disney is not contingent on what happens with Sky.
For Fox, Sky is a bit of a passion project for Rupert Murdoch, who founded the satellite broadcaster in 1990, and already owns 39 percent of the company and has had his eye on gaining full control for years.
At least investors remain bullish that Fox will not give up its pursuit of Sky despite Comcast’s best efforts.
Disney, Comcast and Sky did not immediately reply to our request for comment.
Read original story Why Do Comcast and Fox Want to Buy Sky So Much? At TheWrap...
- 4/25/2018
- by Tim Baysinger and Tony Maglio
- The Wrap
Just days after videos surfaced of Tristan Thompson cheating on Khloé Kardashian, the NBA star was reportedly spotted with yet another woman — totaling five women all together. The new mom just gave birth to their daughter on April 12, so it's pretty awkward timing. According to the Daily Mail, the alleged mistress — reportedly named Tania — and Tristan were spotted together in NYC, but the two have reportedly been hanging out for months. She even traveled to Boston for one of his games, the report claims. However, Tania's parents told Radar Online, "It's not true! She's very upset," adding that she comes from a "Christian family who respects people." Tania's father claimed his daughter said "nothing happened," and she's just "a friend of one of the guys who plays on the same team." Things clearly aren't looking good for Tristan following the cheating scandal. Brand and reputation expert Eric Schiffer exclusively told Life & Style,...
- 4/13/2018
- by Amber Belus
- In Touch Weekly
Just days after videos surfaced of Tristan Thompson cheating on Khloé Kardashian, the NBA star was reportedly spotted with yet another woman — totaling five women all together. The new mom just gave birth to their daughter on April 12, so it's pretty awkward timing. According to the Daily Mail, the alleged mistress — reportedly named Tania — and Tristan were spotted together in NYC, but the two have reportedly been hanging out for months. She even traveled to Boston for one of his games, the report claims. However, Tania's parents told Radar Online, "It's not true! She's very upset," adding that she comes from a "Christian family who respects people." Tania's father claimed his daughter said "nothing happened," and she's just "a friend of one of the guys who plays on the same team." Things clearly aren't looking good for Tristan following the cheating scandal. Brand and reputation expert Eric Schiffer exclusively told Life & Style,...
- 4/13/2018
- by Amber Belus
- Life and Style
Things aren't looking great for Tristan Thompson right now. After the NBA star got caught cheating on his girlfriend and new mommy, Khloé Kardashian, brand and reputation expert Eric Schiffer told Life & Style exclusively that saving face won't be easy. "Tristan's reputation is now a treasure chest of blunders. He went from being a beloved partner to a tower of death, reputation-wise. He has no one else to blame but the mirror," Eric shared via phone. "He has defamed Khloé's trust and that of the public — all over a night of meaningless pleasure. When people look back at what occurred, they're going to see that Khloé should have never been involved. His soul-crushing pain Khloé and the Kardashian clan will undergo will pass. But, the death spiral that Tristan is undergoing will live on for some time to come." Fans may recall that before getting involved with the Kuwtk star,...
- 4/12/2018
- by Amber Belus
- Life and Style
While fans feel horrible about pregnant Khloé Kardashian getting cheated on by her boyfriend, Tristan Thompson — most of them are hoping we get to watch the drama unfold on Keeping Up With the Kardashians. Eric Schiffer — a brand and reputation expert — thinks the reality star's heartbreak will do wonders for their E! reality series. "I think that she will likely speak about it through probably the show. This is like, printing cash for the television show," he explained. "Kris Jenner is probably incredibly conflicted in dealing with the severe pain of her daughter and immense joy of ratings power to come." He also added the scandal could land KoKo some new fans. "I think Khloé benefits now from being a sympathetic character, and will have people connect with her that perhaps didn't connect before," he explains. "[They'll] see her as someone who deserves empathy, understanding, and the right man. I think...
- 4/12/2018
- by Amber Belus
- Life and Style
They say art is truth... Beyoncé got fierce about "Becky with the good hair" in Lemonade and Jay-z indirectly admitted to infidelity in his recent 4:44—but why did the superstars open up to the world about their marriage problems? The impetus behind sharing their dirty laundry with the masses may have to do with keeping "on brand" for the widely beloved couple. E! News caught up with branding expert Eric Schiffer, chairman of Reputation Management and consultant to E! News, to talk about the business of why the power couple may have taken to their music to reveal the messy truth of what went down between the two of them behind closed doors. "Coming...
- 7/11/2017
- E! Online
With shares of Snap Inc. — the parent company of Snapchat, the disappearing messaging app — crashing more than 21 percent on Thursday after reporting less-than-stellar Q1 financials, investors are clearly concerned about the company’s long-term viability. But have the rumors of Snap’s death been greatly exaggerated? Not exactly, according to Eric Schiffer, a tech investor and CEO of the Los Angeles-based private-equity firm The Patriarch Organization. The key takeaway from the Snap earnings call, Schiffer told TheWrap, was its “primal scream of impending doom.” He argued that Snap executives “knew going in they were pulling a giant scam on the public,...
- 5/11/2017
- by Sean Burch
- The Wrap
Bill O’Reilly’s professional transition after his exit from Fox News won’t be easy.
The 67-year-old longtime O’Reilly Factor host — who is currently on a long-planned vacation in Italy and was seen shaking hands with the Pope in Vatican City on Wednesday — is leaving the network after sexual harassment allegations from multiple women were brought against him.
On Wednesday, 21st Century Fox issued a statement stating that the network and O’Reilly have agreed that he won’t be returning. “After a thorough and careful review of the allegations, the Company and Bill O’Reilly have agreed...
The 67-year-old longtime O’Reilly Factor host — who is currently on a long-planned vacation in Italy and was seen shaking hands with the Pope in Vatican City on Wednesday — is leaving the network after sexual harassment allegations from multiple women were brought against him.
On Wednesday, 21st Century Fox issued a statement stating that the network and O’Reilly have agreed that he won’t be returning. “After a thorough and careful review of the allegations, the Company and Bill O’Reilly have agreed...
- 4/19/2017
- by Christina Dugan
- PEOPLE.com
Three crisis PR experts agree that United Airlines is in a terrible place after a passenger was forcibly dragged from an overbooked flight — but they don’t agree on the best way out. Two believe CEO Oscar Munoz may need to step down for the company to bounce back. Eric Schiffer, CEO of ReputationManagementConsultants.com, told TheWrap that United committed “brand genocide” — and believes Munoz should step down, or that the company’s board should condemn his management. “I would send out an authentic, heartfelt, true message from the heart on a human level and just say, ‘God, we so messed up,...
- 4/10/2017
- by Beatrice Verhoeven
- The Wrap
“Brand genocide.” A “world-class debacle on an epic scale.” A “gruesome, epic-scale fail.” These are a few of the phrases a top crisis manager uses to describe United Airlines’ removal-by-dragging of a passenger on an overbooked flight. Eric Schiffer, CEO of ReputationManagementConsultants.com, told TheWrap that United’s new gaffe is even worse than its last PR mess, in which it barred female travelers for wearing leggings. “It’s a gruesome, epic-scale fail that follows their leggings crash landing. At United, their CEO is clearly clueless about dealing with the public and the customers, and they are embarking on brand...
- 4/10/2017
- by Beatrice Verhoeven
- The Wrap
Ben Affleck's roller coaster reputation in Hollywood took a new turn this week when the Oscar winner announced he had recently completed a stay in rehab for alcohol addiction. The 44-year-old father of three broke the news with a heartfelt statement shared to social media, a strategy branding and reputation expert Eric Schiffer tells E! News was crucial to the longevity of a positive public image. "Authenticity is embraced eternally by the public. Ben owned it," Schiffer shared, adding, "And he committed to stepping up. The continued bleed-out of his reputation stopped with his commitment." Ben's message read in part, "I want to live life to the...
- 3/15/2017
- E! Online
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