TikTok Says It Added $81 Billion. 76% Of Firms On TikTok Depend On It

Martin Grove, Longtime Columnist for The Hollywood Reporter, Dies at 83. He spent 25 years with the publication and lent his considerable film expertise to CNN, ‘Entertainment Tonight,’ Movietime, AMC and KNX as well.

Kevin Feige Hails Theatrical Experience as ‘the Real Movie Magic’ at Will Rogers Motion Picture Pioneers Tribute. He’s a “great guy who’s incredibly humble” who has also produced 38 movies in 17 years that have delivered more than $35 billion at the box office. Twelve of those titles delivered more than $1 billion; three of them generated $2 billion apiece. Not to mention, Kevin Feige is the architect of the most meticulously […].

30-year mortgage rate posts biggest jump in four years. Mortgage rates surged to roughly a three-year high, a fresh setback for an already depressed housing market.

Theaters Re-Invest $2.7 Billion to Bring In Moviegoers With Heated Reclining Seats, Full-Service Bars, Immersive Sound and More. As the summer box office closes at an all-time high, theaters across North America are aiming to keep audiences engaged by spending $2.7 billion over the past two years on upgrades and innovations. The exhibition chains are investing big in amenities such as premium large formats and expanded food and beverage services, according to Cinema […].

UTA Shake Up: Matt Rice Named President of Filmed Entertainment. The exec will be joined by newly elevated managing partners Allan Haldeman, Blair Kohan, Jay Gassner and Julien Thuan, as well as a Filmed Entertainment Board.

Global bond sell-off intensifies, as UK long-term borrowing costs pass 6%. Fears that US deficit is unsustainable drive yields on Treasury bills and UK gilts to multi-decade highs Business live – latest updates The turmoil in global bond markets has intensified amid fears the US deficit is reaching unsustainable levels, helping drive UK long-term borrowing costs to a 28-year high. The threat of a renewed round of inflation from the persistently high cost of oil has spooked investors, who believe central banks will be forced to raise interest rates in the coming months to prevent price increases from becoming embedded..