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Paramount and Skydance will merge to create new tech-media giant

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David Ellison, the new chief executive of Paramount, has big plans for the media giant and wants to turn it into a "media and technology" company, according to the Financial Times. Ellison is taking over as Paramount's boss after his production studio, Skydance Media, agreed to acquire the company behind massive films and franchises like The Godfather, Top Gun, Mission: Impossible and Star Trek. Skydance served as its financial partner in several projects that include Top Gun: Maverick. According to Reuters, Skydance is paying $2.4 billion to buy National Amusements, the firm that holds a controlling stake in Paramount.

As the Times notes, Paramount struggled financially after investing billions of dollars in its streaming service. Paramount+, however, has yet to turn a profit despite the company's efforts and even though it launched a plan with ads in order to get more people to sign up. Earlier this year, the media giant laid off 800 employees, including Paramount+ workers. But Ellison, son of Oracle founder Larry Ellison, intends to continue investing and working on the streaming service.

He's planning to rebuild Paramount+'s technology and use modern infrastructure to improve its recommendation algorithm that helps users find new shows. In addition, he's planning to work with his father's company to reduce costs and improve efficiency. Jeff Shell, who's going to become the combined company's president, told the Times that Paramount+ is going to team up with other streaming services and enter bundling agreements. The goal is to cut costs and to get customers to keep paying for access. Shell said they've already had calls from "different potential partners" and they're going to consider agreements that will get the service "more scale" and will get them to break even more quickly.

The merger is expected to be finalized next year, after which the new Paramount will be valued at $28 billion.

This article originally appeared on Engadget at https://www.engadget.com/paramount-and-skydance-will-merge-to-create-new-tech-media-giant-140052942.html?src=rss

https://www.engadget.com/paramount-and-skydance-will-merge-to-create-new-tech-media-giant-140052942.html?src=rss

Paramount and Skydance will merge to create new tech-media giant

https://o.aolcdn.com/images/dims?image_uri=https%3A%2F%2Fs.yimg.com%2Fos%2Fcreatr-uploaded-images%2F2021-08%2F34fd9a00-f5f5-11eb-aef7-e47775b1b342&resize=1400%2C933&client=19f2b5e49a271b2bde77&signature=19103cc954339b244775b817c4b9fd23662cc4d6

David Ellison, the new chief executive of Paramount, has big plans for the media giant and wants to turn it into a "media and technology" company, according to the Financial Times. Ellison is taking over as Paramount's boss after his production studio, Skydance Media, agreed to acquire the company behind massive films and franchises like The Godfather, Top Gun, Mission: Impossible and Star Trek. Skydance served as its financial partner in several projects that include Top Gun: Maverick. According to Reuters, Skydance is paying $2.4 billion to buy National Amusements, the firm that holds a controlling stake in Paramount.

As the Times notes, Paramount struggled financially after investing billions of dollars in its streaming service. Paramount+, however, has yet to turn a profit despite the company's efforts and even though it launched a plan with ads in order to get more people to sign up. Earlier this year, the media giant laid off 800 employees, including Paramount+ workers. But Ellison, son of Oracle founder Larry Ellison, intends to continue investing and working on the streaming service.

He's planning to rebuild Paramount+'s technology and use modern infrastructure to improve its recommendation algorithm that helps users find new shows. In addition, he's planning to work with his father's company to reduce costs and improve efficiency. Jeff Shell, who's going to become the combined company's president, told the Times that Paramount+ is going to team up with other streaming services and enter bundling agreements. The goal is to cut costs and to get customers to keep paying for access. Shell said they've already had calls from "different potential partners" and they're going to consider agreements that will get the service "more scale" and will get them to break even more quickly.

The merger is expected to be finalized next year, after which the new Paramount will be valued at $28 billion.

This article originally appeared on Engadget at https://www.engadget.com/paramount-and-skydance-will-merge-to-create-new-tech-media-giant-140052942.html

https://www.engadget.com/paramount-and-skydance-will-merge-to-create-new-tech-media-giant-140052942.html

Replying to 1110e570...

Paramount and Skydance will merge to create new tech-media giant

https://o.aolcdn.com/images/dims?image_uri=https%3A%2F%2Fs.yimg.com%2Fos%2Fcreatr-uploaded-images%2F2021-08%2F34fd9a00-f5f5-11eb-aef7-e47775b1b342&resize=1400%2C933&client=19f2b5e49a271b2bde77&signature=19103cc954339b244775b817c4b9fd23662cc4d6

David Ellison, the new chief executive of Paramount, has big plans for the media giant and wants to turn it into a "media and technology" company, according to the Financial Times. Ellison is taking over as Paramount's boss after his production studio, Skydance Media, agreed to acquire the company behind massive films and franchises like The Godfather, Top Gun, Mission: Impossible and Star Trek. Skydance served as its financial partner in several projects that include Top Gun: Maverick. According to Reuters, Skydance is paying $2.4 billion to buy National Amusements, the firm that holds a controlling stake in Paramount.

As the Times notes, Paramount struggled financially after investing billions of dollars in its streaming service. Paramount+, however, has yet to turn a profit despite the company's efforts and even though it launched a plan with ads in order to get more people to sign up. Earlier this year, the media giant laid off 800 employees, including Paramount+ workers. But Ellison, son of Oracle founder Larry Ellison, intends to continue investing and working on the streaming service.

He's planning to rebuild Paramount+'s technology and use modern infrastructure to improve its recommendation algorithm that helps users find new shows. In addition, he's planning to work with his father's company to reduce costs and improve efficiency. Jeff Shell, who's going to become the combined company's president, told the Times that Paramount+ is going to team up with other streaming services and enter bundling agreements. The goal is to cut costs and to get customers to keep paying for access. Shell said they've already had calls from "different potential partners" and they're going to consider agreements that will get the service "more scale" and will get them to break even more quickly.

The merger is expected to be finalized next year, after which the new Paramount will be valued at $28 billion.

This article originally appeared on Engadget at https://www.engadget.com/paramount-and-skydance-will-merge-to-create-new-tech-media-giant-140052942.html?src=rss

https://www.engadget.com/paramount-and-skydance-will-merge-to-create-new-tech-media-giant-140052942.html?src=rss

Paramount and Skydance will merge to create new tech-media giant

https://o.aolcdn.com/images/dims?image_uri=https%3A%2F%2Fs.yimg.com%2Fos%2Fcreatr-uploaded-images%2F2021-08%2F34fd9a00-f5f5-11eb-aef7-e47775b1b342&resize=1400%2C933&client=19f2b5e49a271b2bde77&signature=19103cc954339b244775b817c4b9fd23662cc4d6

David Ellison, the new chief executive of Paramount, has big plans for the media giant and wants to turn it into a "media and technology" company, according to the Financial Times. Ellison is taking over as Paramount's boss after his production studio, Skydance Media, agreed to acquire the company behind massive films and franchises like The Godfather, Top Gun, Mission: Impossible and Star Trek. Skydance served as its financial partner in several projects that include Top Gun: Maverick. According to Reuters, Skydance is paying $2.4 billion to buy National Amusements, the firm that holds a controlling stake in Paramount.

As the Times notes, Paramount struggled financially after investing billions of dollars in its streaming service. Paramount+, however, has yet to turn a profit despite the company's efforts and even though it launched a plan with ads in order to get more people to sign up. Earlier this year, the media giant laid off 800 employees, including Paramount+ workers. But Ellison, son of Oracle founder Larry Ellison, intends to continue investing and working on the streaming service.

He's planning to rebuild Paramount+'s technology and use modern infrastructure to improve its recommendation algorithm that helps users find new shows. In addition, he's planning to work with his father's company to reduce costs and improve efficiency. Jeff Shell, who's going to become the combined company's president, told the Times that Paramount+ is going to team up with other streaming services and enter bundling agreements. The goal is to cut costs and to get customers to keep paying for access. Shell said they've already had calls from "different potential partners" and they're going to consider agreements that will get the service "more scale" and will get them to break even more quickly.

The merger is expected to be finalized next year, after which the new Paramount will be valued at $28 billion.

This article originally appeared on Engadget at https://www.engadget.com/paramount-and-skydance-will-merge-to-create-new-tech-media-giant-140052942.html

https://www.engadget.com/paramount-and-skydance-will-merge-to-create-new-tech-media-giant-140052942.html

Trump makes Biden election prediction

From RT

The embattled president still “has all the power,” his Republican rival has told Fox News US President Joe Biden “doesn’t want to quit” and “may very well stay” in the race for the White House, Republican rival Donald Trump has said. According to Trump, the Democratic Party will find it difficult to force Biden to […]

Jul 9th 2024 10:05am EDT

Source Link: https://www.rt.com/news/600752-trump-biden-drop-out/

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Trump makes Biden election prediction

From RT

The embattled president still “has all the power,” his Republican rival has told Fox News US President Joe Biden “doesn’t want to quit” and “may very well stay” in the race for the White House, Republican rival Donald Trump has said. According to Trump, the Democratic Party will find it difficult to force Biden to […]

Jul 9th 2024 10:05am EDT

Source Link: https://www.rt.com/news/600752-trump-biden-drop-out/

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Who are the real winners of the French parliamentary elections?

From RT

In his attempt to prevent a Le Pen victory at all costs, Emmanuel Macron has empowered the other anti-establishment force Mad political scientist Emmanuel Macron’s little experiment blew up in his face. And his lab partner has already called for his resignation if the French president fails to comply with the leftist leader’s demands. He’s […]

Jul 9th 2024 10:03am EDT

Source Link: https://www.rt.com/news/600726-winner-french-parliamentary-election/

Share, promote & comment with Nostr: https://dissentwatch.com/boost/?boost_post_id=801251

Who are the real winners of the French parliamentary elections?

From RT

In his attempt to prevent a Le Pen victory at all costs, Emmanuel Macron has empowered the other anti-establishment force Mad political scientist Emmanuel Macron’s little experiment blew up in his face. And his lab partner has already called for his resignation if the French president fails to comply with the leftist leader’s demands. He’s […]

Jul 9th 2024 10:03am EDT

Source Link: https://www.rt.com/news/600726-winner-french-parliamentary-election/

Share, promote & comment with Nostr: https://dissentwatch.com/boost/?boost_post_id=801250

Who are the real winners of the French parliamentary elections?

From RT

In his attempt to prevent a Le Pen victory at all costs, Emmanuel Macron has empowered the other anti-establishment force Mad political scientist Emmanuel Macron’s little experiment blew up in his face. And his lab partner has already called for his resignation if the French president fails to comply with the leftist leader’s demands. He’s […]

Jul 9th 2024 10:03am EDT

Source Link: https://www.rt.com/news/600726-winner-french-parliamentary-election/

Share, promote & comment with Nostr: https://dissentwatch.com/boost/?boost_post_id=801250

Farage party asked to prove its candidates were not AI bots – media

From RT

Some nominees from Reform UK reportedly had no online presence and used digitally rendered campaign photos Nigel Farage’s Euroskeptic, anti-immigration Reform UK party is under pressure to prove that none of its candidates in the recent general election were AI bots, British outlets reported on Monday. Reform won four seats in last week’s vote and […]

Jul 9th 2024 9:43am EDT

Source Link: https://www.rt.com/news/600720-uk-party-ai-candidates/

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Deans at top US university removed over ‘anti-Semitic’ texts

From RT

Private message exchanges “touched on” tropes that disparage Jews, Columbia University has said Three top members of the administration at Columbia University in New York have lost their jobs over “anti-Semitic” statements made in text messages. The institution has attracted controversy in recent months over protests that have allegedly featured both anti-Semitic and anti-Palestinian discrimination. […]

Jul 9th 2024 9:42am EDT

Source Link: https://www.rt.com/news/600742-columbia-deans-antisemitic-texts/

Internet Archive Link: https://web.archive.org/web/20240709134426/https://www.rt.com/news/600742-columbia-deans-antisemitic-texts/

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The bureaucratic bloat of the European Union in full display

https://x.com/ivan_8848/status/1810264215187243503

Congratulations on making #nostr a better place every day, nostr:npub1xtscya34g58tk0z605fvr788k263gsu6cy9x0mhnm87echrgufzsevkk5s!

What is contemplated here, is without exaggeration, the most sincere compliment for turning your efforts, to the improvement of usability for others, not only for you! 👏🏻👏🏻👏🏻

Important recognition, and support, nostr:npub10pensatlcfwktnvjjw2dtem38n6rvw8g6fv73h84cuacxn4c28eqyfn34f!

https://opensats.org/blog/jb55-receives-lts-grant

Replying to 1110e570...

Early Prime Day deals discount the AirPods Pro to a new low of $169

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If you're in the market for some new tech then Amazon's early Prime Day sales have you covered. The latest deal worth shopping is a 32 percent discount on the second-generation Apple AirPods Pro. The sale brings them down to $169 from $249 — a new all-time low price. These earbuds are our choice of best wireless earbuds for iPhone users.

The second-gen AirPods Pro came out in 2022 and are still Apple's newest in the series. We gave them an 88 in our review thanks to an H2 chip that produces solid noise cancellation and an excellent transparency mode. You can also swipe for volume control and access Personalized Spatial Audio. Plus, Apple shrunk the ear tip, added a built-in speaker to the case and switched out the lightning port for a USB-C one.

If you're looking for something a bit cheaper, check out the deal on Apple's third-gen AirPods. They've dropped to a new all-time low of $129 from $169 — $11 cheaper than the sale we saw yesterday. For one-fourth off their sticker price, you get AirPods that are comfortable, offer excellent audio quality and are IPX4 sweat and water resistant. Plus, they have six hours of continual battery life and 30 hours total with the case.

Your Prime Day Shopping Guide: See all of our Prime Day coverage. Shop the best Prime Day deals on Yahoo Life. Follow Engadget for Prime Day tech deals. Hear from Autoblog’s experts on the best Amazon Prime Day deals for your car, garage, and home, and find Prime Day sales to shop on AOL, handpicked just for you.

This article originally appeared on Engadget at https://www.engadget.com/early-prime-day-deals-discount-the-airpods-pro-to-a-new-low-of-169-130559143.html?src=rss

https://www.engadget.com/early-prime-day-deals-discount-the-airpods-pro-to-a-new-low-of-169-130559143.html?src=rss

Early Prime Day deals discount the AirPods Pro to a new low of $169

https://o.aolcdn.com/images/dims?image_uri=https%3A%2F%2Fs.yimg.com%2Fos%2Fcreatr-uploaded-images%2F2024-07%2F97178820-3ded-11ef-bdff-09ff1888a8f0&resize=1400%2C787&client=19f2b5e49a271b2bde77&signature=6ba915bc9ab009bdfbf8cf8d72054fae0a5bfe2c

If you're in the market for some new tech then Amazon's early Prime Day sales have you covered. The latest deal worth shopping is a 32 percent discount on the second-generation Apple AirPods Pro. The sale brings them down to $169 from $249 — a new all-time low price. These earbuds are our choice of best wireless earbuds for iPhone users.

The second-gen AirPods Pro came out in 2022 and are still Apple's newest in the series. We gave them an 88 in our review thanks to an H2 chip that produces solid noise cancellation and an excellent transparency mode. You can also swipe for volume control and access Personalized Spatial Audio. Plus, Apple shrunk the ear tip, added a built-in speaker to the case and switched out the lightning port for a USB-C one.

If you're looking for something a bit cheaper, check out the deal on Apple's third-gen AirPods. They've dropped to a new all-time low of $129 from $169 — $11 cheaper than the sale we saw yesterday. For one-fourth off their sticker price, you get AirPods that are comfortable, offer excellent audio quality and are IPX4 sweat and water resistant. Plus, they have six hours of continual battery life and 30 hours total with the case.

Your Prime Day Shopping Guide: See all of our Prime Day coverage. Shop the best Prime Day deals on Yahoo Life. Follow Engadget for Prime Day tech deals. Hear from Autoblog’s experts on the best Amazon Prime Day deals for your car, garage, and home, and find Prime Day sales to shop on AOL, handpicked just for you.

This article originally appeared on Engadget at https://www.engadget.com/early-prime-day-deals-discount-the-airpods-pro-to-a-new-low-of-169-130559143.html

https://www.engadget.com/early-prime-day-deals-discount-the-airpods-pro-to-a-new-low-of-169-130559143.html