Liberty Media hopes it can hit the jackpot twice in the United States, this time with motorcycle racing. Formula 1’s commercial rights holder announced Monday that it will acquire MotoGP for $4.53 billion. While the deal won’t be completed until the end of the year, expansion is already in everyone’s minds. The seismic transaction will … Read more
Paramount is anticipating being profitable on streaming by the end of 2025, company leadership told investors Wednesday. As part of a report to investors on fourth-quarter earnings from last year, the company said it had reached 67.5 million subscribers on Paramount+ after netting 4.1 million in the fourth quarter of 2023. Subscription revenue grew 43 … Read more
Photo: Bring A Trailer While he appeared in a number of music videos in the late 1900s, actor Michael Jordan had to wait until 1996 to get his big break as the basketball-playing star of Warner Bros.’ Space Jam. Despite that film raking in an estimated $250 million, Jordan never became an A-list actor and … Read more
