businessentertainment1.925 min read
"Mirage Las Vegas Closes This Week: Final Days of Iconic Casino"
1 year ago•Source: USA TODAY
Businessentertainment News
The latest businessentertainment stories, summarized by AI
Featured Businessentertainment Stories
View original source
3.365 min•1 year ago
"The Mirage in Las Vegas Closes Tomorrow, Marking End of an Era"
The Mirage hotel and casino in Las Vegas will close after 34 years, reopening in 2027 as a Hard Rock Hotel & Casino and Guitar Hotel Las Vegas. Known for its golden windows, dolphin habitat, and nightly volcano eruptions, the Mirage hosted famous shows like Siegfried and Roy, Cirque du Soleil's "LOVE," and Terry Fator's ventriloquism.
More Top Stories
2
Diddy Sells Majority Stake in Revolt Amid Legal Troubles
CNN•1 year ago
3
Sean Combs Sells Revolt Stake to Employees Amid Legal Battles
NBC News•1 year ago
More Businessentertainment Stories
Max Increases Ad-Free Subscription Prices Effective Immediately
Warner Bros. Discovery has increased the price of its ad-free Max streaming plans by $1 per month, effective immediately for new subscribers, with existing subscribers seeing the hike from July 2024. The ad-supported plan remains unchanged. The price hike aims to boost profitability and encourage more users to opt for the ad-supported tier.
Sony Eyes $1 Billion Deal for Queen's Music Catalog
Sony Music is reportedly in talks to acquire Queen's music catalog for $1 billion, making it one of the largest deals in the music industry. The deal would include rights to iconic hits and merchandising opportunities, reflecting the soaring value of music catalogs due to the growth of streaming services.
Sony Aims for Creative Dominance in Anime, Gaming, and Entertainment
Sony is solidifying its dominance in the anime industry by developing a new software platform called AnimeCanvas to accelerate content production and considering the launch of an anime academy to nurture new creators, as announced in a recent Corporate Strategy Meeting.
"Target Commits to Offering 'Select DVDs' Despite Reports of Abandoning Physical Media"
Target responds to reports of abandoning physical media, stating it will continue to offer select DVDs in stores during key times and new releases, while transitioning a limited assortment to its website. The retail chain's new policy will not affect physical games, and the move comes amid concerns about the future of physical media in the face of streaming services and digital-only entertainment.
"Netflix's Subscriber Surge and Earnings Exceed Expectations Amid Password Sharing Crackdown"
Netflix's crackdown on password sharing has led to a wave of additional subscribers, contributing to the streamer's full-year subscriber count in 2023. The company aims to convert freeloaders into paying subscribers, offering cheaper ad-supported tiers as an option. As Netflix prepares to release its first-quarter 2024 earnings, the impact of this policy on consumer spending and the streaming giant's continued growth remains a focal point for investors.
"Jessica Alba Resigns as The Honest Company's Leader"
Jessica Alba, co-founder of The Honest Company, is stepping down from her role as Chief Creative Officer but will remain on the board of directors to provide strategic advice. She expressed her pride in building the company and hinted at pursuing new creative endeavors, including a return to acting in upcoming films.
"Disney Games Strengthens Leadership Team with Industry Veterans for Global Expansion"
Disney is expanding its video game division with new hires and promotions, including the promotion of Sean Shoptaw to executive VP, and the hiring of Ray Gresko as senior VP of product and development, and Bjorn Tornqvist as VP of games technology. Jay Ong, who led the Marvel Games team, has been promoted to lead Disney’s global games licensing business, while Haluk Mentes will succeed him as the head of the Marvel Games unit. This expansion follows Disney's recent $1.5 billion investment in Epic Games and aims to strengthen its presence in the gaming industry.
"Disney Games Strengthens Leadership Team with Industry Veterans for Global Expansion"
Disney Games has made significant executive hires and promotions, including bringing on Ray Gresko from Blizzard Entertainment as senior VP of product and development, and promoting Jay Ong to lead the global games licensing business. The company's $1.5 billion investment in Epic Games and partnership to create a virtual world featuring Disney's brands and characters has led to these strategic moves, as Disney aims to deliver world-class storytelling in the gaming medium and expand its presence in the industry.
Vince McMahon's $311M TKO Stock Sell-Off and Endeavor's Buyback
Vince McMahon has sold over 3.4 million shares of WWE parent company TKO Group, totaling more than $300 million in transactions, reducing his stake to 4.7%. These sales come in the wake of his resignation and sexual abuse allegations, distancing himself from TKO and WWE, and marking a significant shift in his ownership position.
"Powerball Jackpot Soars to $1.09 Billion, Creating Millionaires Across the Country"
The $1 billion Powerball drawing is failing to generate the same level of excitement as before, with experts attributing the lackluster response to "jackpot fatigue." The frequency of massive jackpots has made them less novel, leading to a decline in ticket sales and a diminished sense of urgency among potential players. Changes in the lottery system and interest rates have also contributed to the more frequent occurrence of billion-dollar jackpots. As a result, fewer people are buying tickets for the latest drawing, signaling a shift in consumer behavior towards these once-coveted prizes.