Tag Archives: Executives

Yandex sells its Russian operations to local executives for $5.2 billion

Yandex sells its Russian operations to local executives for .2 billion

Yandex, often described as Russia’s Google, has sold its domestic businesses at a knock-down price. Bloomberg reports the search and services giant, now headquartered in the Netherlands, has handed off its Russian operations for 475 billion rubles ($5.2 billion) in cash and shares. The new owners include the management group, as well as Russia’s biggest domestic energy company, Lukoil, and Russian businessman and a former executive at Gazprom, Alexander Ryazanov, among others. Now that… Source link

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bne IntelliNews – Sanctions against executives: a blow to good corporate governance in Russia

bne IntelliNews – Sanctions against executives: a blow to good corporate governance in Russia

Sanctions against Russian companies and individuals have become a common tool for Western governments to exert pressure on the country’s domestic and foreign policy. However, a new study published in Russia’s main business daily Kommersant finds that sanctions targeted against executives – as opposed to oligarchs or politicians – may have unintended and long-term… Source link

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‘Avatar’ sequel misses estimates but theater executives not concerned: ‘Moviegoers are waiting’

‘Avatar’ sequel misses estimates but theater executives not concerned: ‘Moviegoers are waiting’

Disney’s (DIS) “Avatar: The Way of Water” delivered director James Cameron his first $100-million opening weekend — but missed industry expectations of $170 million-plus. The much-anticipated sequel, which runs 3 hours and 12 minutes, secured roughly $134 million in domestic markets — tying with Warner Bros.’ (WBD) “The Batman” as the fifth-highest opener of 2022, according to Comscore data. Disney, which saw shares slump 3% in early trading on Monday, had anticipated a range between $135… Source link

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‘Avatar’ sequel misses estimates but theater executives not concerned: ‘Moviegoers are waiting’

‘Avatar’ sequel misses estimates but theater executives not concerned: ‘Moviegoers are waiting’

Disney’s (DIS) “Avatar: The Way of Water” delivered director James Cameron his first $100-million opening weekend — but missed industry expectations of $170 million-plus. The much-anticipated sequel, which runs 3 hours and 12 minutes, secured roughly $134 million in domestic markets — tying with Warner Bros.’ (WBD) “The Batman” as the fifth-highest opener of 2022, according to Comscore data. Disney closed Monday’s trading session down 4.8% — the lowest level since March 2020. The studio… Source link

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Warner Bros. Discovery jettisons more key executives as company shake-up continues

Warner Bros. Discovery jettisons more key executives as company shake-up continues

The shake-up at Warner Bros. Discovery (WBD) continues. On Friday, the media giant revealed prominent Discovery executives will be exiting the company — the latest in a slew of restructuring efforts as CEO David Zaslav doubles down on streamlining the debt-ridden business. Among the departures will be Nancy Daniels, who oversaw channels at Discovery, TNT, and TBS, along with Jane Latman, who led the company’s HGTV and Food Network divisions. Matthew Butler, who most recently oversaw content… Source link

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Apple raises prices of its services as media executives double down on price hikes

Apple raises prices of its services as media executives double down on price hikes

Apple (AAPL) is joining its streaming competitors in hiking prices. On Monday, the tech giant announced price increases across its various services including Apple TV+, Apple Music, and the Apple One Bundle. This is the first time Apple has raised the subscription prices of those offerings in the U.S., and international markets will see similar price increases. In a statement to Yahoo Finance, an Apple spokesperson confirmed the price hikes, stating: “The subscription prices for Apple Music,… Source link

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Apple raises prices of its services as media executives double down on price hikes

Apple raises prices of its services as media executives double down on price hikes

Apple (AAPL) is joining its streaming competitors in hiking prices. On Monday, the tech giant announced price increases across its various services including Apple TV+, Apple Music, and the Apple One Bundle. This is the first time Apple has raised the subscription prices of those offerings in the U.S., and international markets will see similar price increases. In a statement to Yahoo Finance, an Apple spokesperson confirmed the price hikes, stating: “The subscription prices for Apple Music,… Source link

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