Warner Bros. Discovery reports that it will incur up to $1.5 billion in costs to shrink the company, cancel programming and provide severance packages to laid-off workers, among other expenses. In a Securities & Exchange […]
“I think people will be not happy to hear me whining about money.” Kevin Bacon is detailing his experience losing “most” of his fortune after falling victim to Bernie Madoff’s Ponzi Scheme. During an appearance […]
Melinda French Gates has long chosen to focus her philanthropic energies on the cause of gender equality all over the world. In 2019, she pledged $1 billion to support that cause, but in a recent […]
Photo Credit: Solen Feyissa The financials of TikTok parent company ByteDance have come to light, and the Beijing-headquartered entity reportedly suffered a multibillion-dollar operating loss in 2020 and 2021 as it pursued continued rapid growth […]
Jennifer Lopez is giving back to the Latinx community. Back in June, the 53-year-old star pledged to help disburse $14 billion in loans and six million hours of financial training to 600,000 Latina entrepreneurs by […]
Brad Norton ❘ Published: 2022-09-28T00:33:00 ❘ Updated: 2022-09-27T23:58:19 MrBeast has revealed that he once turned down a staggering $1 billion offer for his YouTube channels and associated brands in MrBeast Burger […]
Photo Credit: RIAA The U.S. recorded music industry generated $7.69 billion during 2022’s opening half, according to the Recording Industry Association of America (RIAA) – a figure that reflects comparatively modest year-over-year growth of about […]
Over the past several years, Figma has built its name as a forward-thinking and collaborative design platform and a formidable competitor to Adobe, the giant in the creative apps market. That rivalry ended on Thursday […]
By all rational logic, Steph Curry should be a Nike athlete today. He should have signed with Nike a decade ago just as he was starting to lead the perennially-mediocre Golden State Warriors to championship-contention […]
Adobe has announced that it’s acquiring Figma, a popular design platform, for around $20 billion in cash and stock. After rumors surfaced early on Thursday about a potential acquisition, Adobe made it official in a […]
Russian billionaire Mikhail Fridman is one of many currently facing economic sanctions from the UK over his ties with Russia and their invasion of Ukraine. Now Fridman is offering a transfer of $1 billion from […]
Photo Credit: Alexander Shatov YouTube has paid the music industry $6 billion during the past year – up from $4 billion throughout the prior 12-month stretch – according to global head of music Lyor Cohen. […]
TikTok has responded to claims of a huge data breach, with hackers claiming they have exploited an insecure server that contains personal information of the platform’s users. In early September, hackers on a Breach Forum […]
The estate of the late Paul Allen, billionaire co-founder of Microsoft and noted art collector, has indicated it will allow “at least” 150 pieces from his collection to go up for auction, with the proceeds […]
Photo Credit: Kobalt Music After cashing out of AWAL (and Kobalt Neighboring Rights) in a $430 million deal with Sony Music Entertainment, Kobalt Music is reportedly in “advanced talks” to sell the remainder of its […]
Chloe Bailey is confident in her looks and physique—and she’s earned it. The 24-year-old singer posted a selfie where she’s wearing a dark bikini, and captioned the picture, “It should cost a billion to look […]
Since completing its April 8th merger, Warner Bros. Discovery has been on a cost-cutting frenzy, with an announced goal of finding $3 billion in savings. The process began when WBD axed CNN+ on April 21st, and since […]
Michael Jackson Is Reportedly Much Richer Posthumously(Photo Credit –Facebook) Michael Jackson made over $2 billion after his death! The King of Pop is one of the biggest names in the music industry and has stayed […]
To celebrate the twin occasions of his 60th birthday and his father’s birth centenary year, Asia’s richest person Gautam Adani and the Adani family have pledged a whopping 600 billion rupees to a wide range […]
Berlin, Germany. Photo Credit: Stefan Widua The German music industry generated €967 million during 2022’s first half, according to a newly released report, with digital having accounted for more than 80 percent of the total. […]