Business

Telemundo Launching Division to Develop Shows For Peacock

Telemundo Launching Division to Develop Shows For Peacock

BY ALEX WEPRIN | HollywoodReporter.Com Troy Warren for CNT #Digital #Entertainment #Business The new division, NBCUniversal Telemundo Hispanic Streaming, already has more than 50 projects planned for the NBCUniversal-owned streaming service. Telemundo Enterprises, the NBCUniversal-owned Spanish language media company, is looking to “supercharge” its investment in streaming, launching a new division that will develop programming for Peacock and the company’s other streaming platforms. The new division is already planning to develop more than 50 projects for 2022 and beyond. The division, which the company calls “NBCUniversal Telemundo Hispanic Streaming,” will be led by Romina Rosado as executive vp and GM, with a mandate…
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Sony Completes $1.2B Acquisition of Crunchyroll From AT&T

Sony Completes $1.2B Acquisition of Crunchyroll From AT&T

BY J. CLARA CHAN | HollywoodReporter.Com Troy Warren for CNT #Digital #Business The anime streaming service has 5 million subscribers and more than 120 million registered users. Sony has completed its nearly $1.2 billion acquisition of the anime streaming service, Crunchyroll, from AT&T, the company said on Monday. The acquisition, which was first announced in December, brings Crunchyroll to Funimation, a joint venture between Sony Pictures and Sony Music’s Aniplex. With Crunchyroll housed under Funimation, Sony will now be able to expand its status in the anime industry and reach Crunchyroll’s 5 million subscribers and more than 120 million registered users. Boasting over 1,000…
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Atlanta: Coca-Cola latest to delay Atlanta office returns; Invesco sets mandate

Atlanta: Coca-Cola latest to delay Atlanta office returns; Invesco sets mandate

By Matt Kempner, The Atlanta Journal-Constitution Troy Warren for AtlantaNewsAndTalk.Com Coca-Cola is delaying plans to return thousands of workers to its Atlanta headquarters, as the delta variant continues to shake up job expectations at Georgia employers large and small. The beverage giant told local employees Monday that they won’t be returning to corporate offices until mid October at the earliest. That’s more than a month later than previous plans to bring workers back starting Sept. 7. Like a number of large companies in Atlanta, Coke had sent most of its local workers home early in the COVID-19 pandemic more than 18 months…
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Samsung heir to be released from prison on parole, report says

Samsung heir to be released from prison on parole, report says

Carrie Mihalcik | CNET.Com Troy Warren for CNT #Technology Jay Y. Lee, who had been the de facto head of Samsung, was serving time for charges related to bribery. Samsung's de facto leader will reportedly be released from prison on parole later this week. Jay Y. Lee, who was serving a two-and-a-half-year sentence for bribery charges, was granted parole at a review meeting on Monday, reported The Wall Street Journal, citing South Korea's justice ministry.  Lee was Samsung's vice chairman and had acted acted as the company's de facto head since his father, Lee Kun-Hee, suffered a heart attack in 2014. He…
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Many employers hold off on big renovations as office workers return

Many employers hold off on big renovations as office workers return

By Andy Peters, The Atlanta Journal-Constitution Troy Warren for CNT #Business When workers return to Randstad’s Cobb County office this fall they may not recognize the place. Gone are the rows of cubicles. Tables of different shapes and sizes are spread about with plenty of room to walk around. Many workstations let employees switch between sitting and standing. “Everything is 100% new,” said Dean Jones, Randstad’s vice president of workplace. “We completely gutted it down to the concrete floor and the ceiling.” The Dutch staffing company’s U.S. headquarters, located in a 15-story building at the Cobb Cloverleaf interchange, has been empty since…
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No one wants to work anymore? That’s not true. They just want a quality job

No one wants to work anymore? That’s not true. They just want a quality job

Sybil Francis | Arizona Republic Troy Warren for CNT #Business The fast-food restaurant sign became a viral sensation, getting millions of views. “We are short staffed,” it reads. “Please be patient with the staff that did show up. No one wants to work anymore.” But is it true? Employers are reporting difficulty filling open positions, something that’s never happened coming out of a recession. Many blame the extra $300 a week in unemployment insurance included in federal COVID-19 relief bills. More than two dozen states, including Arizona, agree and declined the extra money. Statistics and anecdotal evidence, however, suggest more is at…
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Zynga Grows Revenue to $720M, But Cites “Choppiness” On Audience Numbers

Zynga Grows Revenue to $720M, But Cites “Choppiness” On Audience Numbers

BY TRILBY BERESFORD | HollywoodReporter.Com Troy Warren for CNT #Digital #Business The mobile gaming giant's CEO Frank Gibeau tells The Hollywood Reporter that the company saw a drop in audience from some of the most recent players who joined as COVID-19 restrictions began to be lifted this year. Mobile gaming company Zynga reported $720 million in revenue for the second quarter of 2021, up from $680 million in the prior quarter. Growth was driven by performances from franchises including Words With Friends — which was recently updated with new Solo Challenge content — and the casino-themed Zynga Poker; along with hypercasual games in Rollic’s portfolio. “Zynga really…
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Mattel honors front-line medical workers with Barbie dolls

Mattel honors front-line medical workers with Barbie dolls

By Nancy Clanton, The Atlanta Journal-Constitution Troy Warren for CNT #business #editorspicks #covid-19 The dolls are based on six women ‘who are modern real-life heroes of the pandemic’ You know how your kid loves to play “professor of vaccinology,” but you’ve never been able to find a Barbie with that career? Well, now you can. Mattel is honoring six real women “who are modern real-life heroes of the pandemic” with their very own Barbie dolls, the company said in a press release. “Barbie recognizes that all front-line workers have made tremendous sacrifices when confronting the pandemic and the challenges it heightened,” said…
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Starz Launches Lionsgate Play Streaming App in the Philippines

Starz Launches Lionsgate Play Streaming App in the Philippines

BY ETAN VLESSING | HollywoodReporter.Com Troy Warren for CNT #business #digital #entertainment Cecilia Marino, as general manager, leads the Hollywood studio's international streaming app business in the market. Starz has launched its international streaming app, Lionsgate Play, in the Philippines. Cecilia Marino has been tapped as general manager for that market, where she will report to Rohit Jain, managing director of emerging markets in Asia. The rollout of the Lionsgate Play regional service in the Philippines follows the StarzPlay app launching in India, Indonesia and elsewhere in the South Asian market. “The Philippines is an indispensable market for the South Asian business, and I am…
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Phoenix: Innovative technology and service solutions for confronting a pandemic

Phoenix: Innovative technology and service solutions for confronting a pandemic

By Cemile Kavountzis, for STChealth Troy Warren for PhoenixNewsAndTalk.Com #covid-19 #business Innovation and empowerment in company culture create a great place to work. The lifesaving practice of vaccination is often traced back to Edward Jenner, an English country doctor who performed the first vaccine for small pox in 1796. However, there is evidence of vaccine research as far back as the 1500s. Today, vaccines are preventative care targeting preventable diseases, such as measles and whooping cough. There have been many milestones in the battle against devastating illnesses. Looking back, the U.S. had successfully eradicated small pox by 1949, a disease which continued…
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