Shibasish Sarkar’s New Jersey registered special purpose acquisition company (SPAC) International Media Acquisition Corp. (IMAC), of which he is chair and CEO, is acquiring India’s Reliance Entertainment Studios and Risee Entertainment. A filing with the U.S. Securities & Exchange Commission (SEC) on Oct. 22 reveals that the deal for the two companies is in the form
Month: November 2022
Japanese electronics and entertainment group Sony saw its sales and profitability climb in the three months to end of September 2022, the second quarter of its financial year. The group’s net income soared by 24% to JPY264 billion ($1.78 billion) compared with JPY213 billion in the same quarter last year. Earnings per share came in
Elon Musk got an earful from Twitter power users about the prospect that the company would begin charging verified accounts $20 per month in order to retain their blue check-mark badges — and the world’s richest individual wondered out loud if maybe $8 per month was a more palatable option. Musk had planned to jack
PURIN PICTURES CASH Purin Pictures, a non-profit Asian film financier, is to give grants to two Burmese, two Cambodian, two Thai, and one Indonesian project in its latest funding round. “We are excited to support multiple projects from Myanmar and Cambodia, two countries that have less developed film industries than their Southeast Asian neighbors,” said
There are great artists, and then there are artists of such titanic power that they literally change the world. I’m thinking of Shakespeare, Leonardo, Dostoevsky, Picasso. Louis Armstrong is on that Olympian plane. Yet he’s the rare example of an artist whose very fame, image, and media mythology can actually obscure his revolutionary grandeur as
In the decade since the stunning Moshe Safdie-designed Crystal Bridges Museum opened in Bentonville, Arkansas, founder Alice Walton has made it her mission to bring the art world to her home state. Specifically, the once sleepy town where Walton family patriarch Sam Walton founded Walmart. This fall, her niece-in-law, Olivia, has made the fashion world
Halloween week on “Dancing With the Stars” was a difficult one for many pairs, as many faced some unfortunate circumstances. Val Chmerkovskiy tested positive for Covid-19 ahead of Monday’s show, so Alan Bersten had to step in to dance a very fast Argentine Tango with Gabby Windey. While it was a bit ahead of the
“Return to Dust,” the latest work from Chinese director Li Ruin (“River Road,” “Fly With the Crane”) won the top Golden Spike at the Seminci Valladolid Film Festival, Spain’s traditional arthouse platform, which this last week sold over 100,000 tickets for the second time in a row, a sign of much needed, if temporary, vitality
Kelly Sipherd, a former actor who briefly met Harvey Weinstein during the Toronto International Film Festival when she was 24 years old in the early 90’s, testified that she was sexually assaulted by the producer in 1991 and again in 2008. She told the jury that after Weinstein invited her up to his hotel room
Japan’s film industry is beginning to talk through some of its long-held ways of working. Ways that many say are no longer appropriate. At the Kering-sponsored Women In Motion pow-wow on Monday at the Tokyo International Film Festival (male) director Kore-eda Hirokazu and (female) actor Matsuoka Mayu got to grips with industry issues and their
Fans of and the creator behind Netflix series “Heartstopper” are rallying around series star Kit Connor after the actor shared that he was “forced” to come out as bisexual. The 18-year-old actor made a rare appearance on Twitter Monday, writing: “Back for a minute. I’m bi. Congrats for forcing an 18 year old to out
Disney+ announced that new original special “Encanto at the Hollywood Bowl,” with an introduction by Lin-Manuel Miranda, will launch Wednesday, Dec. 28, on the streamer. The two-night concert event will take place at the Hollywood Bowl on November 11 and 12. The special comes from Disney Branded Television and will be produced by Fulwell 73