By Joanna Piacenza Top Stories Amazon.com Inc. is one of several companies looking to acquire Landmark Theatres, sources say, a cinema chain with more than 50 theaters that is owned by Wagner/Cuban Cos. The move that would launch the streaming and e-commerce giant into the brick-and-mortar world of the film industry. (Bloomberg) Facing pressure from lawmakers […]
By Joanna Piacenza Top Stories New York Media, which owns New York magazine, is the latest legacy publisher exploring strategic options for a possible sale, according to sources familiar with the issue. New York Media also runs several websites, including Vulture and The Cut, which cover entertainment and fashion. (The Wall Street Journal) Tinder’s co-founders and […]
By Joanna Piacenza Top Stories Streetwear brand Supreme partnered with The New York Post for a unique wraparound promotion on its Monday cover — and issues of The Post immediately began selling out. By 10:30 a.m., the $1 issues were selling for $12 on eBay Inc. (The New York Times) More than half a dozen Major […]
By Joanna Piacenza Top Stories In a tweet, President Donald Trump backed a boycott of motorcycle manufacturer Harley-Davidson Inc., which said earlier this year that it would begin overseas production of its motorcycles for the European market to avoid the European Union’s tariffs on steel and aluminum. Europe’s tariffs were imposed after Trump placed duties on steel […]
By Joanna Piacenza Top Stories Struggling to keep afloat in an increasingly digital age, magazine publishing giant Condé Nast is putting three magazines up for sale — Brides, Golf Digest and W — after losing more than $120 million last year, three executives said. (The New York Times) Papa John’s International Inc. has hired advertising agency […]
By Joanna Piacenza Top Stories Apple Inc. posted its strongest third-quarter revenue ever at $53.3 billion, in a period that usually sees slower iPhone sales, and the tech giant’s expected revenue for next quarter is even higher — up to $62 billion — suggesting that Apple will unveil new hardware in the fall. (The Verge) In […]
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