Media Man News

Thursday, April 20, 2023

Media Man News Blog: Pop Culture and Entertainment News updated

Media Man News Blog






Beach Culture Flashback to Bondi Beach

Arise Mr Bondi

January 2011

Contestants in the Mr Bondi pageant heat last Saturday rose to a variety of challenges, including building Lego models, spitting dummies and ripping up copies of the Wentworth Courier.

Organiser Sarah Mulvin said the heats were hilarious and the contenders were “full of sport”.

From 35 entrants, 12 finalists were chosen and will now compete for the Mr Bondi tiara and sash this Saturday.

“It’s about inner beauty - they don’t need to have a wax, a spray tan or a bikini,” Ms Mulvin said.

“The local community has been very supportive. Many were saying it’s about time there was something like this.”

Finalists will be interviewed on Bondi FM and judged in a speed dating round.

“We’ll be asking them to talk about their feelings - whether they like long walks along the beach and whether they have a six pack - of beer,” Ms Mulvin said.

Tickets for the finals include a vodka cocktail and live entertainment from 5-9pm on Saturday at Bondi FM, 2/143 Curlewis St, Bondi. To buy tickets, visit moshtix.com.au or email mrbondi2011@gmail.com for two-for-one tickets. (Credit: The Wentworth Courier)


News

The Expendables 2 snags No. 1 box-office spot for second-straight weekend


Sylvester Stallone's "The Expendables 2" snagged the No. 1 box-office spot for the second-straight weekend with $13.5 million. Released by Lionsgate, the film raised its domestic total to $52.3 million after two weekends.

Holdover movies easily led the weekend box office again, as "The Bourne Legacy" landed in second place with $9.3 million, followed by "ParaNorman" with $8.5 million.

Hollywood may have run out of summer hits, but an anti-Obama documentary is helping to fill the gap.

The weekend's new wide releases were overshadowed by "2016: Obama's America," which expanded from limited to nationwide release and took in $6.2 million to finish at No. 8.

The documentary is a conservative critique of what the country would look like four years from now if President Barack Obama is re-elected.

Released by Rocky Mountain Pictures, "Obama's America" nearly matched the $6.3 million debut of the No. 7 movie, Joseph Gordon-Levitt's action tale "Premium Rush," a Sony release that played in more than twice as many theaters as the Obama documentary.

The weekend's other new wide releases opened weakly. Dax Shepard and Kristen Bell's road-chase comedy "Hit & Run," released by Open Road Films, debuted at No. 10 with $4.7 million, and the Warner Bros. fright flick "The Apparition" opened at No. 12 with $3 million.

The weak openings are typical of late August, a dumping ground for movies without much audience appeal as the summer blockbuster season winds down and young viewers switch to back-to-school mode.

But with less competition from Hollywood releases, it also opens the door for surprise successes such as "Obama's America."

"Obama's America" is based on the book "The Roots of Obama's Rage," written by Dinesh D'Souza, who co-directed the movie with John Sullivan.

The documentary now has climbed to a $9.1 million domestic total, with prospects for strong business as the Republican National Convention unfolds over the next few days. (U.S report)





News


Pop Culture Flashback

Avengers smash $1 billion mark; Marvel Entertainment: The Avengers video game in the works...

Hollywood action hero news: Stars Arnold Schwarzenegger, Sylvester Stallone, Expendables 2, The Tomb

An Officer and a Gentleman The Musical Plays Sydney Lyric Theatre, The Star

Fightin' Fanboys: Dolph Ziggler

Raw expands to three hours starting July 23

WWE MONDAY NIGHT RAW EXPANDS TO THREE ELECTRIFYING HOURS ON 1,000TH EPISODE

CHRIS JERICHO’S A REAL ROCK FOR WWE

Forbes Celebrity 100 Class Of '99: Where Are They Now?

J.Lo's Stunning Career Reincarnation Puts Her No. 1 On The Celebrity 100

Inquiry points finger at media

Claims of lying as casino owners trade blows over the Star

Audiences marvel at a comic escape

What happens if Brock Lesnar and Paul Heyman are in the legal right?

Action hero Jackie Chan to go out fighting

Bono uses Facebook to steal title of world's richest rocker from Sir Paul McCartney

Double Down Interactive, an IGT Company, Releases Highly Anticipated Facebook Game, Texas Hold'em Poker

Australian tourism can be saved by Chinese middle class to large casinos; Melbourne, Perth, Sydney

Wrestling with face paint, bodyart and human statues; Ultimate Warrior, Sting, Jeff Hardy...

What the Media has said about wrestling over the years





Media Man News Blog: Pop Culture and Entertainment News updated

Media Man News Blog






Beach Culture Flashback to Bondi Beach

Arise Mr Bondi

January 2011

Contestants in the Mr Bondi pageant heat last Saturday rose to a variety of challenges, including building Lego models, spitting dummies and ripping up copies of the Wentworth Courier.

Organiser Sarah Mulvin said the heats were hilarious and the contenders were “full of sport”.

From 35 entrants, 12 finalists were chosen and will now compete for the Mr Bondi tiara and sash this Saturday.

“It’s about inner beauty - they don’t need to have a wax, a spray tan or a bikini,” Ms Mulvin said.

“The local community has been very supportive. Many were saying it’s about time there was something like this.”

Finalists will be interviewed on Bondi FM and judged in a speed dating round.

“We’ll be asking them to talk about their feelings - whether they like long walks along the beach and whether they have a six pack - of beer,” Ms Mulvin said.

Tickets for the finals include a vodka cocktail and live entertainment from 5-9pm on Saturday at Bondi FM, 2/143 Curlewis St, Bondi. To buy tickets, visit moshtix.com.au or email mrbondi2011@gmail.com for two-for-one tickets. (Credit: The Wentworth Courier)


News

The Expendables 2 snags No. 1 box-office spot for second-straight weekend


Sylvester Stallone's "The Expendables 2" snagged the No. 1 box-office spot for the second-straight weekend with $13.5 million. Released by Lionsgate, the film raised its domestic total to $52.3 million after two weekends.

Holdover movies easily led the weekend box office again, as "The Bourne Legacy" landed in second place with $9.3 million, followed by "ParaNorman" with $8.5 million.

Hollywood may have run out of summer hits, but an anti-Obama documentary is helping to fill the gap.

The weekend's new wide releases were overshadowed by "2016: Obama's America," which expanded from limited to nationwide release and took in $6.2 million to finish at No. 8.

The documentary is a conservative critique of what the country would look like four years from now if President Barack Obama is re-elected.

Released by Rocky Mountain Pictures, "Obama's America" nearly matched the $6.3 million debut of the No. 7 movie, Joseph Gordon-Levitt's action tale "Premium Rush," a Sony release that played in more than twice as many theaters as the Obama documentary.

The weekend's other new wide releases opened weakly. Dax Shepard and Kristen Bell's road-chase comedy "Hit & Run," released by Open Road Films, debuted at No. 10 with $4.7 million, and the Warner Bros. fright flick "The Apparition" opened at No. 12 with $3 million.

The weak openings are typical of late August, a dumping ground for movies without much audience appeal as the summer blockbuster season winds down and young viewers switch to back-to-school mode.

But with less competition from Hollywood releases, it also opens the door for surprise successes such as "Obama's America."

"Obama's America" is based on the book "The Roots of Obama's Rage," written by Dinesh D'Souza, who co-directed the movie with John Sullivan.

The documentary now has climbed to a $9.1 million domestic total, with prospects for strong business as the Republican National Convention unfolds over the next few days. (U.S report)





News

Pop Culture Flashback

Avengers smash $1 billion mark; Marvel Entertainment: The Avengers video game in the works...

Hollywood action hero news: Stars Arnold Schwarzenegger, Sylvester Stallone, Expendables 2, The Tomb

An Officer and a Gentleman The Musical Plays Sydney Lyric Theatre, The Star

Fightin' Fanboys: Dolph Ziggler

Raw expands to three hours starting July 23

WWE MONDAY NIGHT RAW EXPANDS TO THREE ELECTRIFYING HOURS ON 1,000TH EPISODE

CHRIS JERICHO’S A REAL ROCK FOR WWE

Forbes Celebrity 100 Class Of '99: Where Are They Now?

J.Lo's Stunning Career Reincarnation Puts Her No. 1 On The Celebrity 100

Inquiry points finger at media

Claims of lying as casino owners trade blows over the Star

Audiences marvel at a comic escape

What happens if Brock Lesnar and Paul Heyman are in the legal right?

Action hero Jackie Chan to go out fighting

Bono uses Facebook to steal title of world's richest rocker from Sir Paul McCartney

Double Down Interactive, an IGT Company, Releases Highly Anticipated Facebook Game, Texas Hold'em Poker

Australian tourism can be saved by Chinese middle class to large casinos; Melbourne, Perth, Sydney

Wrestling with face paint, bodyart and human statues; Ultimate Warrior, Sting, Jeff Hardy...

What the Media has said about wrestling over the years

Media Man News Blog: Pop Culture and Entertainment News updated

Media Man News Blog

Pop Culture and Entertainment News updated


Top Movies on Netflix To Watch This Fall; Reasons Why To Do It











Media Man News Blog: Top Movies on Netflix To Watch This Fall; Reasons Why To Do It; Streaming in Australia

Media Man News Blog

Top Movies on Netflix To Watch This Fall; Reasons Why To Do It

Streaming Australia

Streaming Media wars heat up

Movies and Television, Documentaries, Streaming Series showcased via Media Man websites and social media channels

Succession wins Media Man 'Streaming Series Of The Year'

Hottest On TV

Wrestling News






Wednesday, April 19, 2023

Media Man News Blog: Star Casino (Sydney, Australia) to fire 500 staff amid $100m in cost cutting as shares plunge by 11%

Media Man News Blog

Star Casino (Sydney, Australia) to fire 500 staff amid $100m in cost cutting as shares plunge by 11%





Sunday, April 16, 2023

Thursday, April 13, 2023

Media Man News Blog: Niche news media is powerful and often underrated

Media Man News Blog

Niche news media is powerful and often underrated #niche #nichenews #nichenewsmedia #nichemedia #nichebusiness #nichemarketing #nichewebsite #nichewebsites #nicheagency #nicheagent #agency #agent #mediaagent #mediabiz #mediabusiness #disruptor #disruption #disruptors #mediaman







Wednesday, April 12, 2023

Media Man News Blog: Bitcoin tops Donald Trump, guns in America: Google Trends

Media Man News Blog

Bitcoin tops Donald Trump, guns in America: Google Trends




Tuesday, April 04, 2023

Media Man News Blog: ENDEAVOR ANNOUNCES UFC® AND WWE® TO FORM A $21+ BILLION GLOBAL LIVE SPORTS AND ENTERTAINMENT COMPANY

Media Man News Blog

ENDEAVOR ANNOUNCES UFC® AND WWE® TO FORM A $21+ BILLION GLOBAL LIVE SPORTS AND ENTERTAINMENT COMPANY


April 3, 2023

New, Publicly Listed Company to be 51% Owned by Endeavor and 49% by Existing WWE Shareholders


Endeavor to Contribute UFC into Company at Enterprise Value of $12.1 Billion




BEVERLY HILLS, Calif. and STAMFORD, Conn. (April 3, 2023) – Endeavor Group Holdings, Inc. (NYSE: EDR) (“Endeavor”) and World Wrestling Entertainment, Inc. (NYSE: WWE) (“WWE”) today announced that they have signed a definitive agreement to form a new, publicly listed company consisting of two iconic, complementary, global sports and entertainment brands: UFC and WWE. Upon close, Endeavor will hold a 51% controlling interest in the new company and existing WWE shareholders will hold a 49% interest in the new company.


Together, UFC and WWE will have global reach, impressive scale and omnichannel distribution. On a combined 2022 fiscal year-end basis, UFC and WWE achieved revenue of $2.4 billion and a 10% annual revenue growth rate since 2019.


“This is a rare opportunity to create a global live sports and entertainment pureplay built for where the industry is headed,” said Ariel Emanuel, CEO of Endeavor. “For decades, Vince and his team have demonstrated an incredible track record of innovation and shareholder value creation, and we are confident that Endeavor can deliver significant additional value for shareholders by bringing UFC and WWE together.”


“Given the incredible work that Ari and Endeavor have done to grow the UFC brand – nearly doubling its revenue over the past seven years – and the immense success we’ve already had in partnering with their team on a number of ventures, I believe that this is without a doubt the best outcome for our shareholders and other stakeholders,” said Vincent K. McMahon, Executive Chairman of WWE.


McMahon continued, “Together, we will be a $21+ billion live sports and entertainment powerhouse with a collective fanbase of more than a billion people and an exciting growth opportunity. The new company will be well positioned to maximize the value of our combined media rights, enhance sponsorship monetization, develop new forms of content and pursue other strategic mergers and acquisitions to further bolster our strong stable of brands. I, along with the current WWE management team, look forward to working closely with Ari and the Endeavor and UFC teams to take the businesses to the next level.”


The new company will be led by Emanuel (Chief Executive Officer), who will also continue in his role as Chief Executive Officer of Endeavor, McMahon (Executive Chairman of the Board) and Mark Shapiro, who will be President and Chief Operating Officer of both Endeavor and the new company. Dana White will continue in his role as President of UFC and Nick Khan will serve as President of WWE. The Board of Directors will consist of 11 members who will be appointed at a later date, six of whom will be appointed by Endeavor and five of whom by WWE.


Together, UFC and WWE expect to deliver an estimated $50 million to $100 million in annualized run rate cost synergies by leveraging, among other things, Endeavor’s back office and robust infrastructure. Endeavor also expects significant growth across revenue areas including domestic and international media rights, ticket sales and yield optimization, event operations, sponsorship, licensing and premium hospitality. Endeavor’s success at UFC, including increasing commercial opportunities that have driven more than 2x Adjusted EBITDA growth since its acquisition in late 2016, demonstrates the significant value creation opportunity and upside potential of having UFC and WWE under one roof.


Transaction Details and Approvals


The transaction values UFC at an enterprise value of $12.1 billion and WWE at an enterprise value of $9.3 billion. The transaction represents a contribution price of WWE of approximately $106 per share (before any post-closing dividend). Additionally, UFC and WWE will each contribute cash to the new company so that it holds approximately $150 million. At closing, Endeavor intends to sweep all excess cash at UFC, and shareholders of the new company (other than Endeavor) are expected to receive a post-closing dividend.


Under the terms of the transaction, existing WWE shareholders will roll all existing equity into the new entity that will be the parent company of UFC and WWE (“NewCo” until it is named at a later date) and intends to list on the New York Stock Exchange under the ticker symbol “TKO”. The listing of NewCo will expand the collective investor base to allow for broad market participation across Endeavor and NewCo.


The transaction has been unanimously approved by the Executive Committee of the Board of Directors of Endeavor and by the Board of Directors of WWE. The transaction is subject to the satisfaction of customary closing conditions, including receipt of required regulatory approvals. The transaction is expected to close in the second half of 2023.


This marks the successful conclusion of WWE’s strategic alternatives review process. WWE embarked on this process to take advantage of the company’s unique position in the entertainment ecosystem as well as the inflection point coming with its media rights renewals, both of which were widely recognized in the marketplace through this process.


Advisors


Morgan Stanley & Co. LLC and Goldman Sachs & Co. LLC are serving as financial advisors to Endeavor, and Latham & Watkins LLP is serving as legal advisor to Endeavor. The Raine Group is acting as lead financial advisor to WWE. J.P. Morgan and Moelis & Company LLC are also acting as financial advisors to WWE. The Raine Group, J.P. Morgan, and Moelis & Company LLC each rendered fairness opinions to the Board of Directors of WWE. Paul, Weiss, Rifkind, Wharton & Garrison LLP is serving as legal advisor to WWE, and Kirkland & Ellis LLP is serving as legal advisor to WWE’s controlling stockholder, McMahon.


Webcast


Endeavor and WWE will make public a recorded audio webcast at 8:00 a.m. ET today discussing this transaction. The event and accompanying presentation materials can be accessed at investor.endeavorco.com or corporate.wwe.com/investors. The link to the webcast, as well as a recording, will also be available on those websites after the call concludes.



# # #


About Endeavor


Endeavor is a global sports and entertainment company, home to many of the world’s most dynamic and engaging storytellers, brands, live events and experiences. The company is comprised of industry leaders including entertainment agency WME; sports, fashion, events and media company IMG; and premier mixed martial arts organization UFC. The Endeavor network specializes in talent representation, sports operations & advisory, event & experiences management, media production & distribution, experiential marketing and brand licensing.


About UFC®


UFC® is the world’s premier mixed martial arts organization (MMA), with more than 700 million fans and 228 million social media followers. The organization produces more than 40 live events annually in some of the most prestigious arenas around the world, while broadcasting to over 900 million TV households across more than 170 countries. UFC’s athlete roster features the world’s best MMA athletes representing more than 80 countries. The organization’s digital offerings include UFC FIGHT PASS®, one of the world’s leading streaming services for combat sports. UFC is owned by global sports and entertainment company Endeavor, and is headquartered in Las Vegas, Nevada. For more information, visit UFC.com and follow UFC at Facebook.com/UFC, Twitter, Snapchat, Instagram and TikTok: @UFC.


About WWE®


WWE, a publicly traded company (NYSE: WWE), is an integrated media organization and recognized leader in global entertainment. The Company consists of a portfolio of businesses that create and deliver original content 52 weeks a year to a global audience. WWE is committed to family-friendly entertainment on its television programming, premium live events, digital media, and publishing platforms. WWE’s TV-PG programming can be seen in more than 1 billion homes worldwide in 25 languages through world-class distribution partners including NBCUniversal, FOX Sports, BT Sport, Sony India and Rogers. The award-winning WWE Network includes all premium live events, scheduled programming and a massive video-on-demand library and is currently available in more than 180 countries. In the United States, NBCUniversal’s streaming service, Peacock, is the exclusive home to WWE Network. Additional information on WWE can be found at wwe.com and cororpate.wwe.com.