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Martin Scorsese Says Cinema Is Being 'Devalued' to 'Content' in Essay Criticizing Modern Film Industry

Martin Scorsese Says Cinema Is Being 'Devalued' to 'Content' in Essay Criticizing Modern Film Industry
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In an essay-long praise of film legend Federico Fellini as part of the March issue of Harper’s Magazine, Martin Scorsese laments over the devaluing of cinema.
“As recently as fifteen years ago, the term “content” was heard only when people were discussing the cinema on a serious level, and it was contrasted with and measured against ‘form,’” he wrote. “Then, gradually, it was used more and more by the people who took over media companies, most of whom knew nothing about the history of the art form, or even cared enough to think that they should.”

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Universal Music Unveils IPO Plan for Later This Year

Universal Music Unveils IPO Plan for Later This Year
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Vivendi plans to list 60% of its share of Universal Music Group on the Euronext market in Amsterdam by the end of the year, according to announcements from the companies in the early hours of Saturday. The minimum target value for the company is 30 billion Euros, or around $36 billion.
In a letter to employees obtained by Variety, UMG CEO and Chairman Sir Lucian Grainge wrote, “I couldn’t be prouder: not only is this a validation of our strategy, our teams, and our unprecedented record of success, it’s a natural evolution in the storied history of our company that will enable our entrepreneurial and creative culture to continue to soar.

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Britney Spears Hearing: Judge Overrules Father's Objections to Joint Conservatorship Order

Britney Spears Hearing: Judge Overrules Father's Objections to Joint Conservatorship Order
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'We Were All Cocky': AMC Investors Reflect on Their Bid to Take Stock to the Moon

'We Were All Cocky': AMC Investors Reflect on Their Bid to Take Stock to the Moon
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For a brief moment, Aiden and his friends believed that they were investing gods.
Aiden is a 20-year-old business student at San Diego State University. In recent months he and his friends have been drawn to the Reddit group WallStreetBets, where users trade stock tips and brag about their “diamond hands.” They bought GameStop and AMC Entertainment, two ailing companies that the group predicted would take off in a short squeeze for the ages.
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As the stocks rocketed upwards, they liquidated other positions so they could put more into both of them. Then they celebrated by watching “The Wolf of Wall Street” together. Aiden, who asked not to use his full name, confidently predicted that his investment would shoot to $40,000.

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AMC Raises $917 Million to Weather 'Dark Coronavirus-Impacted Winter'

AMC Raises $917 Million to Weather 'Dark Coronavirus-Impacted Winter'
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Stay-at-Home Order Extended for Southern California

Stay-at-Home Order Extended for Southern California
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Tencent to Increase Universal Music Group Stake to 20%

Tencent to Increase Universal Music Group Stake to 20%
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CAA Reaches Deal With WGA, Will Resume Repping Writers

CAA Reaches Deal With WGA, Will Resume Repping Writers
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AMC Theatres Warns It Could Run Out of Cash in Early 2021

AMC Theatres Warns It Could Run Out of Cash in Early 2021
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