Vertical has recently appointed former Amazon Prime Video executive Jason Pecora to the role of Executive Vice President, Distribution. Pecora will be responsible for overseeing Sales, Marketing and Operations in his new role. He will report to Vertical Partners Peter Jarowey and Rich Goldberg. Pecora has over 14 years of experience in the entertainment industry,
Ellen Stutzman, the chief negotiator for the striking Writers Guild of America, is in the middle of a tough negotiation process with the movie and television studios. On Wednesday, her parents and aunt showed their support for her and her union cohorts by marching outside Amazon’s offices in Manhattan. Stutzman’s parents, Fred and Anne Stutzman,
The NBA has revealed its All-NBA teams for the 2020-21 season, with Philadelphia 76ers’ Joel Embiid earning a spot on the first team for the first time in his career. Embiid, who was also named the league’s Most Valuable Player, led the NBA in scoring for the second consecutive year. He was joined on the
Warner Bros. Discovery CEO David Zaslav’s 2022 executive compensation has been met with disapproval from stockholders, according to a recent SEC filing. The company’s say-on-pay vote saw nearly half of the votes cast against last year’s compensation, which had just over 50% approval. Although the votes are non-binding, they carry weight when it comes to
Tom Hanks, the star of the iconic 1994 film “Forrest Gump,” admitted during the New Yorker Live event that he had doubts about the movie’s potential success. Hanks confessed that he once asked director Robert Zemeckis if anyone would care about the film, which featured a man sitting on a bench in a peculiar outfit
China’s consumer price index rose 0.1% in April year-on-year, marking its slowest growth since early 2021. However, prices declined by 0.1% month-on-month. Economists surveyed by Reuters had predicted consumer prices would rise by 0.4% from a year ago and remain unchanged from the previous month. April’s reading follows China’s inflation rate easing to 0.7% in
The European Commission has requested more information on Apple’s mobile payment system as the enforcer seeks to close any loopholes and strengthen its case against the technology giant. The EU competition watchdog had previously accused Apple of restricting rivals’ access to its Near-Field Communication (NFC) technology, which is used for mobile wallets, making it difficult
Jalen Brunson’s 38-point, nine-rebound, and seven-assist performance in the New York Knicks’ Game 5 victory over the Miami Heat was nothing short of remarkable. The Knicks were in a must-win situation, and Brunson stepped up to the plate, playing all 48 minutes of the game to ensure victory. Knicks coach Tom Thibodeau couldn’t be more
During the fourth quarter of the Los Angeles Lakers’ Game 5 loss to the Golden State Warriors, Anthony Davis suffered an injury after being struck on the side of his head by Kevon Looney. Davis exited the game and did not return after being evaluated by the Lakers’ athletic trainer. He was later placed in
SoftBank, a Japanese conglomerate, announced a record loss for its Vision Fund for the fiscal year ending on March 31. This comes despite a recent rally in tech stocks, which has not helped the company’s flagship investment unit. Vision Fund Performance The Vision Fund segment of SoftBank posted a loss of 4.3 trillion Japanese yen