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Amazon in talks with NFL for Prime Video rights deal: WSJ

The National Football league (NFL) is close to a media rights deal with Amazon.com Inc's Prime Video service, which would allow the streaming platform to carry many games exclusively, the Wall Street Journal reported on Wednesday.

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Vivendi is 'scrutinizing' potential sale of Bertelsmann's stake in M6 - CEO

French media group Vivendi is looking into the potential sale of Bertelsmann's controlling stake in French broadcasting group M6, its chief executive said on Wednesday.

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UPDATE 2-Telecom Italia sees profit, sales stabilising this year as CEO eyes new term

Elvira Pollina
(Recasts first sentence with CEO details, adds financial details)
MILAN, Feb 23 (Reuters) - Telecom Italia (TIM) said on Tuesday it expected profit and sales to stabilise this year after a difficult 2020 as it prepares to hand CEO Luigi Gubitosi a second term at the helm of Italy’s biggest phone group.
As the pandemic ravaged Italy’s economy, revenue at Telecom Italia fell to 15.8 billion euros ($19.2 billion) last year from 18 billion euros in 2019, a touch ahead of a consensus forecast provided by the company.
Full-year organic earnings before interest, tax, depreciation and amortization (EBITDA) after lease costs fell 6% to 6.24 billion euros, also broadly in line with forecasts. The group kept its dividend stable at 1 cent per ordinary share.

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Genting Malaysia invests over $800 mln in theme park planned for Q2 launch

Genting Malaysia Bhd has invested over $800 million in its new theme park, Genting SkyWorlds, targeted for opening in the second quarter of this year, the company said in a virtual briefing on Tuesday.

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Wanted: New K-Pop band, American style

The company behind South Korean boy band BTS on Wednesday announced a project to find the next K-Pop sensation, through a global audition program that is expected air in the United States in 2022.

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Bellator would welcome boxing act in MMA, says CEO

4 Min Read
STOCKHOLM (Reuters) - Mixed martial arts has nothing to fear from the extension of legal protections to fighters that originated in boxing, Bellator CEO Scott Coker has said in the wake of two new TV deals that will move MMA further towards the mainstream.
Coker’s promotion recently announced broadcast deals with Showtime in the U.S. and the BBC’s iPlayer streaming service in the United Kingdom, and he said his organisation would welcome the extension of the Ali Act, named after Muhammad Ali and designed to protect the rights and welfare of boxers, to MMA.
“Boxing has had it for decades, and if the government moves towards that in MMA, we’ll embrace it. We’re not going to fight it, and it might be the best thing for everybody,” the 58-year-old Coker said in a telephone interview.

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UPDATE 1-Chinese discouraged from Lunar New Year travel go to movies instead

Chinese cinemas racked up record box-office revenues during the week-long Lunar New Year holiday, as coronavirus travel curbs compelled millions to forego visits home during what is usually the world's biggest annual domestic migration.

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Cinema stocks jump as China's holiday box office sets revenue record

By Reuters Staff
2 Min Read
BEIJING/SINGAPORE, Feb 16 (Reuters) - Cinema stocks jumped in Hong Kong on Tuesday as Chinese box offices set a revenue record of over 6 billion yuan ($929.63 million) for the week beginning Feb. 11, following a movie-going rush at the start of Lunar New Year holiday break.
The figure, from data compiled by online ticketing platform Maoyan Entertainment, surpassed the previous week-long record of 5.9 billion yuan set in the same holiday period in 2019, and represents a full recovery from a coronavirus-induced slump last year.
To preempt the spread of the virus following a resurgence in cases in January, local authorities have discouraged people from travelling to their home towns for the holiday. Some authorities such as in Shanghai even provided free movie tickets to encourage people stay put for their holiday entertainment.

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UPDATE 1-Chinese cinema stocks a hit as New Year drives box office record

* Shares in Imax China Holding surge almost 90% to 2-1/2-yr high

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Bollore to keep strong grip on Universal after $36 billion listing

French tycoon Vincent Bollore will retain strong influence over Universal Music Group as a major shareholder following its planned 30-billion-euro ($36 billion) spin-off on the stock market by media conglomerate Vivendi .

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