Christopher Palmeri
Senior Editor at Bloomberg News
Entertainment and Telecom reporting at Bloomberg News
Articles
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4 days ago |
news.bloomberglaw.com | Christopher Palmeri |Eliza Ronalds-Hannon
Producer and host Byron Allen has hired Moelis & Co. to find buyers for 28 local TV stations his company owns, in an effort to reduce debt while taking advantage of potential deregulation in the broadcast business. Allen, who got his start as a standup comic, owns affiliates of major networks — ABC, CBS, NBC or Fox — in 21 markets. He spent more than $1 billion acquiring the portfolio over the past six years, according to a statement from his Allen Media Group on Monday.
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4 days ago |
bloomberg.com | Christopher Palmeri |Eliza Ronalds-Hannon
Byron Allen(Bloomberg) -- Producer and host Byron Allen has hired Moelis & Co. to find buyers for 28 local TV stations his company owns, in an effort to reduce debt while taking advantage of potential deregulation in the broadcast business. Allen, who got his start as a standup comic, owns affiliates of major networks — ABC, CBS, NBC or Fox — in 21 markets. He spent more than $1 billion acquiring the portfolio over the past six years, according to a statement from his Allen Media Group on Monday.
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1 week ago |
news.bloombergtax.com | Christopher Palmeri
Vail Resorts Inc. rose the most since November 2020 after the ski resort operator said Executive Chairperson Rob Katz will return to the role of chief executive officer, replacing Kirsten Lynch, who stepped down. Lynch, who is also leaving the company’s board, will remain in an advisory role, the company said Tuesday. Katz, 58, served as CEO of the ski resort operator from 2006 to 2021. Shares of Vail rose as much as 16% to $175.51 Wednesday in New York.
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1 week ago |
news.bloomberglaw.com | Christopher Palmeri
Vail Resorts Inc. rose the most since November 2020 after the ski resort operator said Executive Chairperson Rob Katz will return to the role of chief executive officer, replacing Kirsten Lynch, who stepped down. Lynch, who is also leaving the company’s board, will remain in an advisory role, the company said Tuesday. Katz, 58, served as CEO of the ski resort operator from 2006 to 2021. Shares of Vail rose as much as 16% to $175.51 Wednesday in New York.
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1 week ago |
bloomberg.com | Christopher Palmeri
Skiers at the Whistler Blackcomb ski resort on Whistler Mountain, British Columbia, Canada, on Tuesday, March 28, 2023. Despite weather disruptions, Vail managed to attract 8.31 million guests, beating consensus expectations for 7.7 million. Photographer: James MacDonald/Bloomberg(Bloomberg) -- Vail Resorts Inc.
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What do Hollywood studios, labor unions, Jon Voight and Sylvester Stallone have in common? They all want federal tax credits for US filmmakers. Tariffs on foreign-made movies are not on the ask list today. https://t.co/JRphqXLr48
Actor Jon Voight presented his plan to boost US jobs in the entertainment industry to President Donald Trump over the weekend, laying out a proposal that included federal incentives for US theater owners to upgrade their facilities https://t.co/6jlHB6vGTT via @luxury
Actor Jon Voight and his manager, Steven Paul, plan to present President Donald Trump with ideas to help boost US film and TV production as early as next week. https://t.co/FcNrpxMRJe via @luxury