Concerns over the spreading coronavirus have shaken the stock market for the past week.
When Warner announced its plans to go public, it acted with a nonchalance befitting a financially healthy company. Warner doesn’t necessarily need the money like a startup is desperate for capital or a private equity firm seeks a payday for a highly leveraged takeover.
Now Warner is left to wait for the IPO window to open again. But who knows when that day comes? Stock markets have been perilous and volatile. Last week, the New York Stock Exchange shed 11.4% on news COVID-19 infections were reported in Italy and Iran. News of cases in the United States and heightened federal and state reactions did not reassure investors.
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Warner Music Delays IPO Plan Due to Coronavirus, Report SaysWarner Music Group has delayed a plan to kick off its IPO this week due to concerns over the coronavirus, according to Reuters, which cites “people familiar with the matter.” Fashion company Cole H… Well Andy, your Globalist Deepstate buddies knew Trump was going to win & they could not remove him & the rightwing was too well armed to defeat & Dem Ukraine corruption was being uncovered so they used this virus as a last hope. Too bad it is going to hurt urban Libtards more
Source: Variety - 🏆 108. / 63 Read more »
Warner Bros. Hires Former Fox Exec Toby Tennant for Europe Distribution RoleWarner Bros. Pictures has hired industry veteran and former Fox executive Toby Tennant as vp EMEA regional distribution. Details: wha? i thought warners was just using robots for everything from now on? Another Toby? Nobody needs that.
Source: THR - 🏆 411. / 53 Read more »
The Archive Of Contemporary Music — And Its 3 Million Recordings — Is Leaving NYThe independent Archive of Contemporary Music, which houses more than 3 million recordings dating back to the 1920s, is leaving its longtime home in Manhattan due to rising rents. The archive's collection rivals that of the Library of Congress.
Source: NPR - 🏆 96. / 63 Read more »
J Balvin Wants to Be Music's Next BillionaireFrom his eye-popping visuals to his global streaming strategy, J Balvin has always been the captain of his career. Now, with a new album, label deal and management team, he’s showing there are no limits for Spanish-language artists. JBALVIN That's a gift. JBALVIN I love J Balvin, and The collab with Pabllo? JBALVIN listen here 👍🏼
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For Julie Andrews and Christopher Plummer, The Sound of Music Was Never So Long, FarewellThis year marks the 50th anniversary of The Sound of Music, which first captivated audiences in 1965. Julie Andrews and Christopher Plummer reflect on the making of the classic, their decades-long friendship, as well as the mountains they've climbed since then. Still my absolute favorite movie of all. And IMO stands the test of time. TheSoundofMusic So love these two. Gorgeous, talented and classy. beautiful people!
Source: VanityFair - 🏆 391. / 55 Read more »
Megan Thee Stallion Sues Record Label Over Music BanMegan Thee Stallion filed for a temporary restraining order against 1501 Certified Entertainment, LLC and Carl Crawford in Harris County, Texas on Tuesday. The order was granted 🤡🤡
Source: enews - 🏆 466. / 52 Read more »