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The Latest Breaking News from MGM

Wells Fargo Maintains Overweight Rating for MGM Resorts Intl, Lowers Price Target To $56

Wells Fargo has decided to maintain its Overweight rating of MGM Resorts Intl (NYSE:MGM) and lower its price target from $60.00 to $56.00. Shares of MGM Resorts Intl are trading up 4.92% over the last 24 hours, at $41.49 per share.

Benzinga

Daniel Kinahan boxing links explained as company hit by sanctions

Kinahan faced a number of international sanctions which could spell the end of his boxing career.

Irish Mirror

Singin’ in the Rain at 70: Hollywood’s show-stopping musical remains a winner

It might have opened to muted applause, but the Gene Kelly-Stanley Donen dream team turned a 1952 also-ran into a long-living classic

The Guardian - US

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James Bond: Every 007 film to make streaming service debut in April 2022

Including ‘No Time to Die’

The Independent UK

James Bond film series to make streaming service debut in April 2022

Including ‘No Time to Die’

The Independent UK

Amazon.com vs. eBay: Which Stock is a Better Buy?

Today I will analyze Amazon.com (AMZN) and eBay (EBAY) to determine which e-commerce stock is currently a better buy.

StockNews.com

This year's Grammys were supposed to be a return to normal. Then came The Slap

LAS VEGAS — As stagehands wheeled an enormous replica of what appeared to be Lil Nas X's head into position, the black-and-white faces of dozens of pop stars looked on from cardboard placards arranged, two to a bistro table, on the floor of the MGM Grand Garden Arena here.

Los Angeles Times

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James Bond Reality Competition Coming To Amazon Prime: Here's The Details

Amazon is betting big on one of the key pieces of its MGM Studios deal with a new reality show for its Amazon Prime streaming platform.

Benzinga

Oscars 2022 winners: The full list

Updated as they’re announced

The Independent UK

Oscar nominations 2022: The full list of nominees

Every film, actor and director in contention at this year’s ceremony

The Independent UK

MOVIE MEMORIES: Putting the spotlight on the wonderful work of Hollywood icon Doris Day

William Hackett Queen looks back on some of the 'Calamity Jane' star's finest flicks

Daily Record

This Foreboding Sign Looms Over MGM Resorts Intl's Chart

If history is any guide, there may be trouble ahead for shares of MGM Resorts Intl (NYSE:MGM). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

Benzinga

Sony To Snap Haven Entertainment Studios For Undisclosed Sum

Sony Group Corp (NYSE:SONY) Sony Interactive Entertainment LLC agreed to acquire Haven Entertainment Studios Inc. The financial terms of the transaction remain undisclosed. Haven was a development studio formed by developer Jade Raymond, founder of Ubisoft Toronto and Motive Studios and one of the creative forces behind the blockbuster Assassin’s Creed franchise. Also…

Benzinga

DraftKings, FanDuel Distancing Themselves From The Competition In Online Sports Betting

Online gaming stocks have taken a big hit in recent months, but Bank of America analyst Shaun Kelley said Monday that U.S. digital gross gaming revenue (GGR) was up 58% in the month of February.

Benzinga

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Asharq Al-Awsat

Amazon Closes $8.45Bln MGM Studio Acquisition

Amazon.com Inc on Thursday said it had closed its $8.5 billion deal to buy Metro-Goldwyn-Mayer (MGM) media company, combining the fabled moviemaker with the online retailing giant as it looks to draw consumers through more streaming video A press statement said the storied, nearly century-old studio—with more than 4,000 film…

Benzinga

Benchmark Remains Cautious On Netflix - Read Why

Benchmark analyst Matthew Harrigan reiterated his Hold rating on Netflix Inc (NASDAQ:NFLX). Harrigan remains cautious on the stock citing elevated global streaming competition and possible overseas member growth fallout from geopolitical uncertainty, even excluding de minimis direct effect from exiting Russia. Also Read: Evercore ISI Sees 44% Upside In Netflix, Reiterates Rating, Amazon Consummates MGM Deal Post Clean Chit From Regulators…

Benzinga

Regulator Defers MGM Stakeholder's Nevada Gaming License By 1 Month

Nevada Gaming Commission shelved MGM Resorts International (NYSE:MGM) stakeholder Barry Diller’s licensing by a month until an April commission meeting, the Wall Street Journal reports. The move coincided with insider-trading investigations by federal authorities into his share purchases of Activision Blizzard Inc (NASDAQ:ATVI). In 2020, Diller and his internet holding company, IAC/InterActiveCorp (NASDAQ:IAC), admitted spending over $1 billion for…

France 24

Russia averts default on foreign dollar-denominated bond payments

Russia has reportedly made $117 million in bond payments, managing so far to avoid its first default on foreign debt since 1918. Billions more are due within weeks as sanctions continue to hammer the Russian economy in response to the war in Ukraine. Plus, Amazon closes in on its acquisition…

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Salon

Amazon acquires MGM for $8.5 billion

This merger comes shortly after Amazon raised the price of its Prime membership for the first time since 2018

Input

It's official: MGM belongs to Amazon now

After months of parsing through the fine details, Amazon officially owns the legacy media empire.

Los Angeles Times

Amazon closes $8.5-billion purchase of MGM, giving it broader sway in Hollywood

Amazon has closed its $8.5-billion acquisition of movie and TV studio MGM, the companies said Thursday.

Benzinga

Amazon Consummates MGM Deal Post Clean Chit From Regulators

Amazon.com Inc (NASDAQ:AMZN) closed the $8.5 billion acquisition of film studio Metro-Goldwyn-Mayer after a clean chit from the U.S. FTC and EU. The EU contended that the deal would not hamper competition as the two companies did not significantly overlap in content production, the Wall Street Journal reports. The FTC also did not…

The Independent UK

Amazon lands rights to catalogue of 4,000 films and 17,000 TV episodes as MGM deal finalised

Including James Bond, ‘Rocky’ and ‘The Pink Panther’...

The Independent UK

Amazon closes $8.5B deal to acquire Hollywood studio MGM

Amazon has closed its $8.5 billion acquisition of Hollywood studio MGM, two days after European regulators said the deal “would not significantly reduce competition” in European markets

The Independent UK

EU regulators clear Amazon's $8.45 billion purchase of MGM

European regulators have cleared Amazon’s purchase of Hollywood studio MGM, saying the deal doesn’t raise any competition concerns

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