Shari Redstone sells National Amusements real estate assets to make $40M debt payment: sources
Shari Redstone’s National Amusements, the holding company that controls the voting stock of media giant Paramount Global, has sold some of its real estate holdings in a bid to hurry up on $40 million in debt repayments that are due this week. was reported in the Post. The media heiress is fighting to maintain control […]
Proof copy of Harry Potter book, bought for pennies in 1997, sells for more than $13,000
A proof of the first Harry Potter novel, bought for a penny at a used bookstore nearly 30 years ago, has been sold at auction for $13,900. British auctioneer Hansons said on Monday that the first edition of Harry Potter and the Philosopher’s Stone, described as an “unedited proof” on the cover, was sold to […]
Case of unopened hockey cards that may contain Wayne Gretzky rookies sells for $3.7M at auction
A case of unopened hockey cards featuring potentially dozens of Wayne Gretzky rookies sold at auction Saturday for a whopping $3.7 million. A sealed case of 1979-1980 O-Pee-Chee hockey cards was gathering dust in a Canadian family’s home until the rare and valuable card was discovered while cleaning out a storage room. Heritage Auctions, which […]
‘GOLDEN TICKET’: Trump’s official sneaker sells out hours after release
‘The Big Weekend Show’ panelists weigh in on former President Trump introducing a signature line of ‘Trump Sneakers’ at … source
JPMorgan CEO Jamie Dimon sells $150M of stock in nation’s largest bank for the first time
Jamie Dimon, the head of JPMorgan Chase & Co., has liquidated about $150 million of his stake in the bank. The head of America’s largest lender has sold stock for the first time since taking office in 2005. Dimon, Wall Street’s longest-serving CEO, sold 821,778 shares of JPMorgan stock, according to an SEC filing Thursday. […]
Watch melted in Hiroshima blast sells for over $30K at auction
[AclockthatmeltedduringtheatomicbombingofHiroshimaonAugust61945hasbeensoldatauctionformorethan$31000[1945年8月6日の広島への原爆投下で溶けた時計がオークションで3万1000ドル以上で落札された。 According to Boston-based RR Auctions, the clock stopped at the moment an atomic bomb exploded over a Japanese city at the end of World War II (8:15 a.m.). The winning bid at the auction, which ended Thursday, was $31,113. This artifact was recovered from the ruins of Hiroshima and provides a glimpse of the […]
Doomed BuzzFeed Sells Complex Networks at Humiliating 64% Loss
Three years ago, the far-left BuzzFeed acquired Complex Networks for $300 million. On Wednesday, an apparently desperate BuzzFeed was forced to sell its complex network — try not to laugh — $108.6 million. This amounts to a loss of 64%, or approximately $190 million. you know what… Come on, laugh. Additionally, BuzzFeed announced Next week’s […]
BuzzFeed sells Complex for $108.6 million, will lay off some staff
BuzzFeed will sell Complex Networks to live streaming video commerce platform NTWRK at a deep discount and reduce its remaining staff by an additional 16 percent, the company announced Wednesday. of $108.6 million all-cash transaction Just over two years since BuzzFeed Acquires pop culture media startup Complex It will be sold in December 2021 for […]
Buzzfeed lays off 16% of its workforce, sells Complex
HuffPost’s parent company, BuzzFeed, announced Wednesday that it will cut 16% of its workforce (the latest in a wave of layoffs by financially struggling media companies) and sell its music and culture-focused site Complex. The digital media company, once an advertising revenue juggernaut, said the cuts are aimed at “reducing centralized costs and making the […]
Reddit Sells User Content to AI Company for $60 Million
Reddit, which bills itself as the “front page of the Internet,” reportedly sells access to user-generated content to an anonymous AI company for $60 million a year, leaving the social media platform with a potential $5 billion. Ethical concerns are rising as companies prepare for a major IPO. ars technica report According to a recent […]