Fitch has downgraded Paramount and Warner Bros. Discovery’s credit ratings as the media giants have closed their $110 billion merger, citing “materially higher leverage” after the acquisition and “significant execution and integration risks.” “Execution risk stems from combining operations, realizing synergies and managing a higher debt burden. The transaction also requires integration of content, streaming technology, corporate systems and operating models,” the firm wrote. “Delays or weaker execution could reduce planned cost savings and slow deleveraging.” The downgrade also reflects uncertainty about the company’s ability to achieve its stated $6 billion in synergies in the first three years of the…
Author: Michael
Andrew Garfield chat with ET’s Emily Curl at the 64th annual New York Film Festival about working with girlfriend Monica Barbaro on their new film, ‘Artificial,’ in theaters on Dec. 25. The actor gushes over Monica’s performance in the film, and shares how his role as OpenAI CEO Sam Altman differs from his turn in ‘The Social Network.’ More from Entertainment Tonight: https://www.youtube.com/channel/UCdtXPiqI2cLorKaPrfpKc4g?sub_confirmation=1 Exclusives from #EntertainmentTonight : https://www.youtube.com/playlist?list=PLQwITQ__CeH2Y_7g2xeiNDa0vQsROQQgv
Michael Douglas admitted that his past drug problem contributed to the failure of his first marriage to Diandra Luker.
Ella Bleu debuted on the Paris Week Runway for Miu Miu show as her father, John Travolta, watched.
Kaitlan Collins responded to Donald Trump’s incessant personal attacks by subtly displaying a mug with a targeted slogan on it.
Blanchard took to social media to share her heartbreak over Urker’s death and claimed that he had died of a suspected overdose.
Lisa Bonet steps out with waist-length silver hair at Paris Fashion Week! The 58-year-old star, who hasn’t attended a public event in years, sat front row at Celine’s presentation and shared her thoughts on the new collection with ‘Harper’s Bazaar.’ More from Entertainment Tonight: https://www.youtube.com/channel/UCdtXPiqI2cLorKaPrfpKc4g?sub_confirmation=1 Exclusives from #EntertainmentTonight : https://www.youtube.com/playlist?list=PLQwITQ__CeH2Y_7g2xeiNDa0vQsROQQgv
The ‘Ted Lasso’ star — and diehard NY Liberty fan — talks with one of the most dominant players about the pressures of ‘SNL’ and UConn, dealing with internet trolls and their surprisingly similar paths to the top: “I just want to keep winning.”
The “Even Stevens” actress’ new memoir, “Once Upon a Trainwreck,” details being thrust into the spotlight at an early age.