Business
Business
Believe generated $510 million in the first six months of 2024, up 12.3% YoY
August 1, 2024
Believe generated $510 million in the first six months of 2024, up 12.3% YoY
Paris-headquartered music company Believe has published its financial results for the first half of 2024 (the six months ending June 30).…
Korean Air says turbulence is knocking instant noodles off its economy menu
August 1, 2024
Korean Air says turbulence is knocking instant noodles off its economy menu
Article content NEW YORK (AP) — Turbulence is knocking a beloved instant-noodle offering off Korean Air’s economy menu. Cups of…
Spotify’s audiobook bundling move will swipe 1% of Reservoir’s FY 2025 annual revenue, estimates company
August 1, 2024
Spotify’s audiobook bundling move will swipe 1% of Reservoir’s FY 2025 annual revenue, estimates company
Spotify’s decision to classify its Premium subscription tiers as a bundle (i.e., music streaming plus audiobooks) has upset many in…
Chevron, Hess Shares Tumble as $53 Billion Deal Faces Long Delay
August 1, 2024
Chevron, Hess Shares Tumble as $53 Billion Deal Faces Long Delay
Article content (Bloomberg) — Shares of Chevron Corp. and Hess Corp. plunged after announcing an arbitration hearing with Exxon Mobil…
Ex-Parlophone senior execs Nick Burgess and Jack Melhuish launch indie label Artist Theory in partnership with B-Unique
August 1, 2024
Ex-Parlophone senior execs Nick Burgess and Jack Melhuish launch indie label Artist Theory in partnership with B-Unique
Widely respected British music executives Nick Burgess and Jack Melhuish have joined forces with independent music company B-Unique to launch…
Venu Sports may be available for $42.99 per month with its planned launch targeted for fall
August 1, 2024
Venu Sports may be available for $42.99 per month with its planned launch targeted for fall
Article content LOS ANGELES (AP) — Venu Sports — the sports streaming platform planned by ESPN, Fox and Warner Bros.…
HYBE, the home of BTS, restructures global business as part of new ‘HYBE 2.0’ strategy
August 1, 2024
HYBE, the home of BTS, restructures global business as part of new ‘HYBE 2.0’ strategy
HYBE has unveiled a significant reorganization of its global business. Last week, the South Korea headquartered entertainment giant announced that…
Adani Flagship’s Profit Jumps 115% on Airports, Mining Units
August 1, 2024
Adani Flagship’s Profit Jumps 115% on Airports, Mining Units
Breadcrumb Trail Links PMN Business Adani Enterprises Ltd. posted a 115% jump in quarterly profit, boosted by some of its…
Bill Ackman’s Pershing Square USA withdraws IPO, citing investor uncertainty
August 1, 2024
Bill Ackman’s Pershing Square USA withdraws IPO, citing investor uncertainty
Bill Ackman’s Pershing Square Capital Management has surprisingly pulled the plug on the initial public offering (IPO) of its new…
Uber, China’s BYD, form partnership to deploy 100,000 EVs in EU and Latin America
August 1, 2024
Uber, China’s BYD, form partnership to deploy 100,000 EVs in EU and Latin America
Article content BANGKOK (AP) — The ride sharing giant Uber and Chinese automaker BYD plan a partnership to introduce 100,000…