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AP News Summary at 2:04 p.m. ESTPoliticians could face fines as the deadline for general election posters to be taken down has now passed. The requirement to remove posters is seven days after polling day, but many have been spotted across the country. Advertisement Both successful and unsuccessful candidates could face a fine of €150 per poster. Fianna Fáil's Catherine Ardagh has encouraged people to report any remaining posters to politicians, who can be reached via email or social media. Some social media users have noticed that general election posters are still up in their area and have called for them to be taken down, while others have urged those out taking them down to be careful as the country still feels the effects of Storm Darragh . @cardagh Congrats on your election. 👍 When the bad weather passes can you ask your team to remove any stay posters they may have missed including this one on Sarsfield Road, Inchicore, opposite Cleary’s Pub please? Thank you. pic.twitter.com/Of7izeRBsM Advertisement — Pat Kiernan (@PatKiernan1) December 7, 2024 God help those out taking down the last election posters this evening. At least for smaller parties and independents, it’s done by volunteers after a day’s work, which is all very well in summer. But mid winter and #StormDarragh approaching... I hope no one gets hurt... #GE24 pic.twitter.com/ppo7haiKjX — A Kildare woman (@Petra_C) December 6, 2024 Candidates can put up posters 30 days before the polling date, or from the date that the ministerial polling day order, whichever is the shortest period. On polling day, people cannot display posters or campaign for a candidate or party within 50 metres of a polling station. Failure to remove election posters within seven days after the polling date is an offence.How the stock market defied expectations again this year, by the numbers NEW YORK (AP) — What a wonderful year 2024 has been for investors. U.S. stocks ripped higher and carried the S&P 500 to records as the economy kept growing and the Federal Reserve began cutting interest rates. The benchmark index posted its first back-to-back annual gains of more than 20% since 1998. The year featured many familiar winners, such as Big Tech, which got even bigger as their stock prices kept growing. But it wasn’t just Apple, Nvidia and the like. Bitcoin and gold surged and “Roaring Kitty” reappeared to briefly reignite the meme stock craze. Stock market today: Stocks waver in thin trading after US markets reopen following a holiday pause Stocks are wavering on Wall Street in light trading as U.S. markets reopen following the Christmas holiday. The S&P 500 and Nasdaq composite were down by less than 0.1% in afternoon trading Thursday. The Dow Jones Industrial Average was up less than 0.1%. Gains in technology companies and retailers helped temper losses elsewhere in the market, including a pullback by some heavyweight Big Tech stocks. The Labor Department reported that U.S. applications for unemployment benefits held steady last week, though continuing claims rose to the highest level in three years. Treasury yields fell. U.S. markets have historically gotten a boost at year’s end despite lower trading volumes. Israel strikes Houthi rebels in Yemen's capital while the WHO chief says he was meters away JERUSALEM (AP) — A new round of Israeli airstrikes in Yemen have targeted the Houthi rebel-held capital of Sanaa and multiple ports. The World Health Organization’s director-general said the bombardment on Thursday took place just “meters away” as he was about to board a flight in Sanaa. He says a crew member was hurt. The strikes followed several days of Houthi attacks and launches setting off sirens in Israel. Israel's military says it attacked infrastructure used by the Houthis at the international airport in Sanaa, power stations and ports. The Israeli military hasn't responded to questions about the WHO chief's statement. Holiday shoppers increased spending by 3.8% despite higher prices New data shows holiday sales rose this year even as Americans wrestled with still high prices in many grocery necessities and other financial worries. According to Mastercard SpendingPulse, holiday sales from the beginning of November through Christmas Eve climbed 3.8%, a faster pace than the 3.1% increase from a year earlier. The measure tracks all kinds of payments including cash and debit cards. This year, retailers were even more under the gun to get shoppers in to buy early and in bulk since there were five fewer days between Thanksgiving and Christmas. Mastercard SpendingPulse says the last five days of the season accounted for 10% of the spending. Sales of clothing, electronics and Jewelry rose. Finland stops Russia-linked vessel over damaged undersea power cable in Baltic Sea FRANKFURT, Germany (AP) — Finnish police say authorities detained a ship linked to neighboring Russia as they investigate whether it damaged a Baltic Sea power cable and several data cables. It was the latest incident involving disruption of key infrastructure. Police and border guards boarded the Eagle S and took control as they investigate damage to the Estlink-2 undersea power cable. The cable brings electricity from Finland to Estonia across the Baltic Sea. The cable went down on Wednesday. The incident follows damage to two data cables and the Nord Stream gas pipelines. Both have been termed sabotage. Russian ship that sank in the Mediterranean was attacked, owner says MOSCOW (AP) — The Russian operator of a cargo ship that sank in the Mediterranean Sea between Spain and Algeria says it has been hit by a series of explosions in an act of sabotage. Oboronlogistica is a state-controlled company that operated the Ursa Major freighter. The company said the vessel was wrecked by three powerful explosions just above the water line in what it described as a “terrorist attack” that caused it to sink on Monday. The company said in a statement carried by Russia’s state RIA Novosti news agency on Thursday that the explosions left a hole in the ship’s starboard and filled the engine room with acrid smoke. That hampered the crew’s attempts to access it. Undersea power cable linking Finland and Estonia hit by outage, prompting investigation FRANKFURT, Germany (AP) — Finland’s prime minister says authorities are investigating an interruption in a power cable under the Baltic Sea between his country and Estonia. Petteri Orpo said on X that power transmission through the Estlink-2 cable suffered an outage Wednesday. Authorities have been on edge about undersea infrastructure in the Baltic after two international data cables were severed in November and the Nord Stream gas pipelines between Russia and Germany were blown up in September 2022. Japan to maximize nuclear power in clean-energy push as electricity demand grows TOKYO (AP) — A Japanese government panel has largely supported a draft energy policy calling for bolstering renewables up to half of Japanese electricity needs by 2040. It also recommends maximizing the use of nuclear power to accommodate the growing demand for power in the era of AI while meeting decarbonization targets. Cabinet is expected to formally approve the plan by March following a period of public consultation. The policy says nuclear energy should account for 20% of Japan’s energy supply in 2040, with renewables expanded to 40-50% and coal-fired power reduced to 30-40%. Working Well: Returning to the office can disrupt life. Here are some tips to navigate the changes NEW YORK (AP) — Thousands of workers are facing an unsettling reality heading into 2025. After years of working from the comfort of home, they're being told it’s time to return to the office full-time for the first time since the coronavirus pandemic. That can bring a host of challenges, including losing time with family. Workers at Amazon, AT&T and other companies have been called back to the office five days a week. Experts have advice to share about how to navigate the changes when an employer calls you back to the office. Workers can convey what they need, seek flexibility and if all else fails, consider other options. US applications for unemployment benefits hold steady, but continuing claims rise to 3-year high WASHINGTON (AP) — The number of Americans applying for unemployment benefits held steady last week, though continuing claims rose to the highest level in three years. The US Labor Department reported Thursday that jobless claim applications ticked down by 1,000 to 219,000 for the week of Dec. 21. That’s fewer than the 223,000 analysts forecast. Continuing claims, the total number of Americans collecting jobless benefits, climbed by 46,000 to 1.91 million for the week of Dec. 14. That’s more than analysts projected and the most since the week of Nov. 13, 2021. Weekly applications for jobless benefits are considered representative of U.S. layoffs.

Innovation and tradition in the good Aussie pie (some with a Mexican twist)

Slain UnitedHealth CEO faced ongoing court battles, threats

NBA Christmas Day delivered in full force, headlined by the primetime showdown between the Los Angeles Lakers and Golden State Warriors—one matchup that never fails to deliver when LeBron James and Stephen Curry are involved. The game concluded with a game-winning layup from Austin Reaves, who gave the Lakers a 115-113 lead with one second remaining. The two shots before that came from Curry, who hit back-to-back three-pointers to tie the game, nearly willing Golden State back into the contest. Javascript is required for you to be able to read premium content. Thanks for the feedback.

Climeon has achieved an important milestone in its ongoing project with HD Hyundai Heavy Industries (HD-HHI) with the delivery of all six HeatPower 300 units completed according to plan for integration on board six A.P. Moller – Maersk 17,200 TEU capacity dual-fuel, green methanol container ships. The vessels, currently under construction at HD-HHI’s shipyard in South Korea, will utilize Climeon’s HeatPower 300 systems to enhance energy efficiency on board the eco-friendly vessels. “We are pleased to share that all six HeatPower 300 units have now been delivered to HD Hyundai Heavy Industries in Korea,” said Lena Sundquist, CEO of Climeon. “Climeon’s team will be on-site in Ulsan, Korea next year to support commissioning of the HeatPower 300 units for the newbuild project, ensuring an efficient start-up and reliable operation for our customer.” Climeon’s ongoing project with HD-HHI demonstrates steady progress toward supporting customers’ operational milestones and sustainability objectives. By converting low-temperature waste heat from engine cooling water and exhaust gas into sustainable electricity, the HeatPower 300 system significantly enhances energy efficiency. This efficiency reduces consumption of current fuel supplies, cutting greenhouse gas emissions, while also helping operators prepare for the adoption of cleaner, higher-cost fuels like green methanol. With Climeon’s technology, shipowners can lower operational costs and their environmental impact today and be better positioned for the future of sustainable shipping. Source: ClimeonHealth Secretary Wes Streeting has admitted that a fateful Labour decision helped Bashar Al-Assad maintain power and go on to kill hundreds of thousands of his own people. Streeting made the admission on BBC ’s Question Time in response to criticism by Piers Morgan of the country’s failure to commit to military intervention in 2013 after the coalition government led by David Cameron sought the support of the House of Commons to do so. The motion was strongly opposed by Labour, led by Ed Miliband , and Streeting admitted: “With hindsight, I think we can say, looking back on the events of 2013, that the hesitation of this country and the United States created a vacuum that Russia moved into and kept Assad in power for much longer.” The west had been spurred into taking military action after the Syrian dictator used chemical weapons on his own people, something that US president Barack Obama had previously warned would be a red line that would force him to commit troops. Prime Minister David Cameron sought the support of the house to partner with the US in taking action against Assad but lost the vote 285-272 after significant opposition from the Labour party led by Ed Miliband. Speaking at the time, Miliband expressed his desire for the UK to learn from the lessons of intervention in Iraq. He said: “People are deeply concerned about the chemical weapons attacks in Syria, but they want us to learn the lessons of Iraq. “They don't want a rush to war. They want things done in the right way, working with the international community.” He added: “Britain doesn't need reckless and impulsive leadership, it needs calm and measured leadership.” Many believe that action could have removed Assad from power 11 years earlier than the rebels who forced him from Damascus this weekend. Britain’s failure to act led to impotence amongst western allies, with neither the US or France going through with their intention to take military action. Instead, supported by Russian airstrikes and Iranian backed fighters , Assad was able to maintain his iron grip on the country which saw thousands locked up without charge and hundreds of thousands killed as a result of action by his forces. The war led to a refugee crisis across Europe as thousands sought refuge from the country placing significant burden on many countries with an already stressed asylum system. The influx of refugees escaping war and persecution caused a political reckoning in the years to come, with over a million Syrians arriving in Europe in 2015, causing a migration crisis which saw division domestically and between EU allies. Russia ’s prolonged involvement in Ukraine and Iran’s proxy-conflict with Israel saw the support Assad relied upon drain away. Rebel advances, helped in large part by Turkey, saw the capitulation of the Syrian army in recent weeks culminating in the fall of Damascus, forcing Assad and his family to flee to Moscow.Over the last several years, the entertainment industry has been rocked by a succession of body blows. It came out of a global pandemic only to be hit with dual strikes (WGA and SAG-AFTRA) that caused historically long labor stoppages, which were followed by a work slowdown brought on by a deflation of the streaming bubble, exacerbated by the threat of strikes by below-the-line unions. Through it all, the honorees on Variety ’s 2024 Dealmakers report continued to work on behalf of their clients. On the whole, the deals weren’t as plentiful or as rich, but, necessity being the mother of invention, often more innovative. They approach the coming new year with a mix of optimism and uncertainty, as they navigate the threat and the promise of artificial intelligence — perhaps the most disruptive of technological innovations to date — while cautiously anticipating the incoming administration in Washington, D.C., which is seen as more friendly to corporate mergers and acquisitions, but hostile to Hollywood, in spite of its leader’s past ties to show business. CEO, All Elite Wrestling (AEW) In October, five years to the week after Khan launched professional wrestling promotion AEW as a direct competitor to Vince McMahon’s long-dominant WWE, he closed a multi-year media rights deal with Warner Bros. Discovery, worth a reported $185 million a year, that calls for AEW’s shows and events to be broadcast on TBS and TNT and stream on Max. The company is now valued at more than $2 billion, making it the third-most-valuable combat sports company in the world. Ain’t bragging if it’s true: “Our new arrangement signifies that AEW will make history as the first professional wrestling promotion to simulcast events weekly on top cable channels and a top streaming platform,” says Khan. Chris Spicer Marissa Román Griffith Alissa Miller Vanessa Roman Partners Akin Gump Strauss Hauer & Feld The Akin team closed more than $3.5 billion in deals in the past year, spanning media, entertainment and sports. Recently, it repped CAT5, an action film label backed by Fifth Season, in its initial project, “Levon’s Trade” (Black Bear Pictures), written by Sylvester Stallone, and advised HarbourView Equity Partners on its investment in Mucho Mas Media, producers of the films “Rosario” and “The Long Game.” Be open-minded : “AI will obviously have an impact on all facets of the media and entertainment industry, but how much and to what extent is still TBD,” says the group in a joint statement. “Our advice for anyone in the industry, be it legal, financial, creative, etc., is to learn how to use the technology to be more efficient and better at your job as opposed to be scared of it. Embrace the change and look for ways to use it to your advantage.” Partners Alter Kendrick & Baron Alter and Baron closed almost $1 billion worth of music publishing and master recording catalog acquisitions and sales in the past year, representing Primary Wave Music Publishing (Neil Sedaka), BMG Rights Management (Peter Frampton), Reservoir Media Management (Louis Prima), Iconic Artists Group (Rod Stewart) and Influence Media Partners (Enrique Iglesias). Spotlight shining brighter on NIL deals: “There are a number of buyers that are — if not getting exclusive rights in that area, because it’s hard to value, particularly if those kinds of rights haven’t been historically exploited — at least getting the opportunity to bring things to the table,” says Alter. “Some sellers are looking for partners to help them make the biopic they’ve always wanted to make or the Broadway jukebox musical they’ve always wanted to do.” Pat Shah Global head of content acquisition, strategy & partnerships Rhonda Adams Medina Head of business affairs Kristin Lang Senior director of content acquisition Audible If there was doubt that Audible isn’t just about audiobooks and podcasts anymore, it was put to rest when Shah’s team cut a deal for the company’s first musical, “Dead Outlaw,” which premiered Off-Broadway and won a Drama Desk Award. They also negotiated pacts with MGM Studios to develop TV adaptations of original Audible audio titles and Imagine Entertainment to produce a fictional audio series exploring unsolved murders through the lens of church confessions, as well as traditional audiobook deals, including the acquisitions of multi-language audio rights to Andy Weir’s next novel and Matt Dinniman’s “Dungeon Crawler Carl” series. Hear the possibilities: “Audio is a distinct and differentiated way to expand the canvas of what’s possible storytelling-wise, [and] the creative community is eager to explore how to connect with audiences both new and existing through this format,” says Shah. Robyn Polashuk Partner; co-chair, entertainment and media industry group Adrian Perry Partner; co-chair, entertainment and media industry group and music industry group David Lefebvre Mike Hill Special counsel Covington & Burling Calling Covington & Burling’s Perry, Polashuk, Lefebvre and Hill a dream team could be an understatement, given the multi-billion-dollar impact of the deals they structure. They represented the Walt Disney Co. in the media licensing aspects of its agreement to merge Disney Star India’s $8.5 billion with Reliance’s Viacom 18, and advised Paramount Global on network distribution matters involved on its proposed $8 billion merger with Skydance Media. On the sports side, Hill advised the NBA on an 11-year, $76 billion media rights agreement with the Walt Disney Co. (ABC/ESPN), NBCUniversal and Amazon. Better dealmaking through science: “This year is marked by the acceleration of training, deployment and adoption of AI technologies, which has opened up a new content licensing and monetization market for media and other clients,” says Polashuk. Partners Davis Wright Tremaine The Davis Wright Tremaine quartet had a busy year, handling everything from talent deals to litigation. Miller advised on above-the-line contracts, tax incentives and production services on Seasons 2 and 3 of Amazon MGM Studios’ “The Lord of the Rings: Rings of Power.” Zee handled more than 60 development deals for ITV Studios America’s partnerships with Tomorrow Studios and Bedrock Entertainment. Wei tackled unique production legal issues, including the vetting of “Last Week Tonight With John Oliver’s” offer to give Supreme Court Justice Clarence Thomas $1 million a year and a new RV in exchange for his resignation from the Supreme Court. Palacios advised on numerous documentaries for studios including Imagine Entertainment and Netflix and is lead defense counsel for the Cinemart in a defamation suit arising from its docuseries “Bug Out.” Pre-strike greenlights turned to red: “Talent hoped they would immediately go into production, but so many months had passed during the strike period that the studios started to take a second look at those projects, and in some cases scrapped them and started over,” says Miller. Partners Del Shaw Moonves Tanaka Finkelstein Lezcano Bobb & Dang These Del Shaw Moonves legal eagles span the entertainment spectrum from film, TV and docs to the legit stage. In the past year, Bobb cut deals for talent ranging from director Malcolm D. Lee (Blumhouse/Universal thriller “Help”) to actor David Oyelowo (starring role in National Theatre production of Shakespeare’s “Coriolanus”). A major player in the unscripted space, Cohan grew his sports-related business, cutting deals for Box to Box Films, Vox Media Studios, Pro Shop and the NFL, while repping stars like French chef and chocolatier Amaury Guichon and journalists Soledad O’Brien and Antonia Hylton. Lezcano negotiated Sterlin Harjo’s overall pact with FX, which spawned the pilot “The Sensitive Kind,” starring Ethan Hawke, and producer Gareth Neame’s deal for a third “Downton Abbey” film and his new multi-year deal to continue as chairman of Carnival Television. In addition to regularly handling deals for top entertainment execs, Tillers set Quinta Brunson to write, produce and star in the Universal comedy feature “Par for the Course” (with founding partner Nina Shaw), and Becky Hartman Edwards’ showrunner deal for Netflix’s “One Tree Hill” reboot. Relaxing talent holding deals: “The overall compensation package is not as lucrative as it used to be, nor are they ordering as many episodes as they did traditionally, so they have to be a little bit more lenient,” says Bobb. Founding partner Del Shaw Moonves Tanaka Finkelstein Lezcano Bobb & Dang A longstanding leader in the entertainment law community, Shaw had another year of big deals, including pacts for Lupita Nyong’o to join the all-star cast in Christopher Nolan’s next movie, Quinta Brunson to co-write, produce and star in the Universal feature comedy “Par for the Course” (with partner Lily Tillers), Ayo Edebiri to co-star in Luca Guadagnino’s “After the Hunt,” Victoria Mahoney to direct the Amazon MGM rom-com “Clean Air” and Jurnee Smollett to star in the Apple TV+ series “Firebug.” No profit participation for you!: “We always had really tough definitions of payouts, but a lot of people still got paid,” Shaw says. “Now, more and more, we see this concept that people don’t actually deserve to participate in the upside.” Partner; global co-chair, media, sport & entertainment DLA Piper Ara had a busy year repping Caryn Mandabach Prods. in its sale to Banijay U.K., animation studio Titmouse (“Big Mouth”) in an eight-figure renewal of its first-look pact with Netflix and Korean streaming service Coupang Play in its deal with Major League Baseball for the Los Angeles Dodgers and the San Diego Padres to face off in a pair of preseason games in Seoul in March 2024. Laying fresh revenue pipelines: “While new dealmaking opportunities in music have emerged from the securitization of royalty income streams, financiers are increasingly exploring broader sector opportunities,” he says. “This includes consolidating legacy assets and ensuring steady cash flows in an industry that is constantly evolving.” Partner; chair of national advertising team DLA Piper Mulcahy has been at the center of many of the biggest transactions at the intersection of sports and entertainment. Most notably, he repped Amazon Prime Video in its 11-year, $21 billion global media rights deal with the National Basketball Assn. for an exclusive package of NBA and WNBA games, running through the 2035-2036 season. The deal, which closed in July, marks the league’s first streaming-only media rights agreement. Package it up: “Live sports is rapidly migrating to digital media channels and is getting more expensive to acquire and exploit. So in an effort to build the scale needed to cover those costs, we’re seeing competitors team up to bundle their products and services and go to market together,” says Mulcahy. Stacy Marcus Katherine Imp Michael Isselin Partners David Markman Partner; co-chair, entertainment transactions practice DLA Piper This DLA Piper team has been a key player in matters that have widespread impact on the industry, most notably negotiations for SAG-AFTRA’s commercials contract, where Marcus serves as chief negotiator for the Joint Policy Committee representing the advertising industry, assisted by Isselin as legal counsel. Imp’s responsibilities include serving as lead outside counsel for iHeartMedia’s podcast slate with Shondaland and repping Lego Group in the negotiation of content production and distribution arrangements with studios including Disney and Netflix, while Markman handles all aspects of Jeanie Buss and David McLane’s all-female wrestling promotion Women of Wrestling, including the negotiation of its multi-year distribution deal with Paramount/CBS Studios. See AI from both sides now: “AI is an umbrella and there are many really great uses for it that can improve creativity and efficiencies,” says Marcus, whether the users are brands, film and TV producers, creators or performers, as long as they have proper protections. Robert J. Sherman Partner; co-chair, entertainment finance practice Richard Petretti Claire Hall Partners DLA Piper Sherman and Hall are at the glowing center of the red-hot music catalog marketplace. In March, the duo secured approximately $500 million in financing for client HarbourView Equity Partners, backed by its music royalty catalog, which includes titles by artists including Pat Benatar and Neil Giraldo, Fleetwood Mac’s Christine McVie, Wiz Khalifa and Brad Paisley. They also repped leading independent music company Concord in its issuance of $850 million in asset-backed notes, which will be used for additional music acquisitions. Meanwhile, Petretti served as administrative agent on JPMorgan’s amendment of its $675 million term loan and revolving credit facility (expandable to $875 million) for Arnon Milchan’s Regency/Monarchy Entertainment group of companies. Business is good: “We see a maturing of the market for music securitizations and believe that music acquisition platforms sponsored by institutional investors and other sophisticated capital providers will continue to access and grow this subsector of the esoteric ABS [asset-backed securities] market,” says Sherman. General counsel and head of business legal affairs Fifth Season Arias assisted in securing a $225 million strategic investment from Toho, Japan’s largest film studio, which empowered Fifth Season to continue expanding its premium content slate. He’s provided ongoing oversight of business and legal practices for Emmy-nominated Apple TV+ series “Severance” and Max’s “Tokyo Vice,” and on the film side overseen the thriller “She Rides Shotgun,” starring Taron Egerton, and the comedies “Friendship,” starring Tim Robinson, and “Nonnas,” starring Vince Vaughn. Election impact on dealmaking: “We could see an easing of regulation on M&A in the media business, which could lead to more consolidation, while possibly boosting companies that have faced challenges being competitive, which is very good for the industry,” Arias says. Partner; founding chair, entertainment & sports law department Fox Rothschild Miller repped husband and wife clients Angela Bassett and Courtney B. Vance in numerous matters, including pacts for her to return for “Mission Impossible — The Final Reckoning” and for him to take over the role of Zeus in Season 2 of the Disney+ series “Percy Jackson and the Olympians,” as well as a first-look deal for the couple’s production company with 20th Television. He also closed deals for Chris “Ludacris” Bridges (2024 Super Bowl Halftime Show performance), Da’Vine Joy Randolph (starring roles in A24 rom-com “Eternity” and Michel Gondry’s Universal musical “Golden”) and comedian/host Taylor Tomlinson (Netflix special “Have It All”). One door opens and ...: “I see a paradigm shift breaking up the monopolies, creating more ways to make money and an opportunity for those nimble enough to find a new model and create their niche and build their audience,” Miller says. Partners Fox Rothschild Katz and Vaquerano have been working with HarbourView Equity Partners since its founding in 2021, handling all stages of negotiations — from due diligence to post-closing — on more than a billion dollars-worth of deals. This year, they were instrumental in securing $500 million in financing for HarbourView, backed by its music royalties catalog, which includes titles by artists such as Fleetwood Mac’s Christine McVie, Wiz Khalifa, Brad Paisley and James Fauntleroy. The bicoastal duo (Katz is in New York; Vaquerano in Los Angeles) also recently represented Merch Collective in its $25 million-plus majority interest sale to Sony Music Entertainment. Thinking globally: “There is heightened interest in deals relating to rights originating outside of the United States,” says Katz. “We need to be sure we are helping our clients to appropriately analyze the risk vs. reward tradeoff from exploring unfamiliar jurisdictions.” Partner; chair of entertainment & sports law department Fox Rothschild Simon is a force in the nonfiction space, closing deals for clients such as Oscar-winning director Sharmeen Obaid-Chinoy (Hulu’s Diane von Furstenberg doc “Woman in Charge”), Alex Stapleton’s House of Nonfiction Prods. (Netflix docuseries about Sean “Diddy” Combs, produced with 50 Cent), longtime AMC Network exec Josh Sapan (overall deal with IFC Films), the Obamas’ Higher Ground Prods. and Bloomberg Media. Streaming for the future: The continued championing of new talent is something that Simon feels is vitally important to the marketplace. “I would like to see the emergence of a strong, consolidated and commercially viable SVOD platform for the smart and bold independent voices of our time and those to come,” he says. J. Eugene (Gene) Salomon Jr. Managing partner Donald S. Passman Ethan Schiffres Daniel S. Passman Partners Gang, Tyre, Ramer, Brown & Passman The Gang, Tyre quartet has a roster of superstar music, film and television clients ranging from Taylor Swift and Stevie Wonder to Timothée Chalamet, Zac Efron and Heidi Klum. In the past year, they amplified their reputation as headliners in the music arena, cutting deals for Green Day’s “Saviors” album and subsequent stadium tour, P!nk’s $693.8 million-grossing Summer Carnival World Tour and the sale of Randy Newman’s recorded music and publishing rights to Litmus Music. On the film and TV side, they brokered Emma Corrin’s appearance in the Marvel blockbuster “Deadpool & Wolverine” and Ridley Scott’s producer and director deal for the upcoming Bee Gees biopic “You Should Be Dancing.” More cross-cultural opportunities: “You’ve got artists from different parts of the world making an impact,” says Salomon. “It used to be that Anglo-American repertoire dominated what was popular everywhere. That’s becoming less of the case and you’re seeing much more diversity.” Kevin Masuda Partner; co-chair, media, entertainment and technology practice group Benyamin (Ben) Ross Partner and co-chair, media, entertainment and technology practice group Steve Tsoneff Sarah Graham Partners Gibson, Dunn & Crutcher The Gibson, Dunn & Crutcher quartet advised Iconic Artists Group, co-founded by longtime Eagles manager Irving Azoff, in its strategic investment from HPS Investment Partners, giving Iconic access to $1 billion to further build out its portfolio. It also repped RedBird Capital Partners in its investment in Charles Barkley’s Round Mound Media and its acquisition of indie TV production and distribution company All3Media, and advised on the launch of Gin & Juice by Dre and Snoop Dogg, an alcoholic beverage company founded by Dr. Dre, Snoop, Jimmy Iovine and Main Street Advisors. Who says deal flow is slow?: “Private equity involvement in M&A in the entertainment industry has accelerated, with a particular focus on catalogs, production companies, content libraries and talent-driven businesses like talent agencies, management firms and talent-founded consumer brands,” said the team in a statement. Partners Greenberg Glusker Fields Claman & Machtinger The Greenberg Glusker team worked collaboratively to cut a wealth of headline-grabbing deals, such as Tom Cruise’s strategic partnership with Warner Bros. Discovery and a subsequent pact to make an Alejandro G. Iñárritu film for the studio, both of which were handled by Galsor and Muir. The quartet’s clients also include actors Tom Hanks, Chris Hemsworth, Vin Diesel and Alice Braga, filmmakers Joe and Anthony Russo, James Cameron and David Fincher, authors J.K. Rowling and Jocko Willink, Silent House Prods., costume designer Colleen Atwood, Ubisoft Entertainment, Riot Games, the estates of J.R.R. Tolkien and Ray Bradbury, and Togethxr, (founded by female athletes Alex Morgan, Chloe Kim, Simone Manuel and Sue Bird). Fair compensation for streaming success: “Nobody has the right formula, and I think the formulas that people are discussing are not going to be the ones that are going to be adopted long-term, because they just don’t work,” says Galsor. Founder & CEO HarbourView Equity Partners Launched in 2021, Soares’ HarbourView Equity Partners has established itself as one of the hottest investment firms in the entertainment, sports and media markets, with roughly $1.5 billion in assets currently under its management. Recently, Soares invested in two media production companies focused on inclusive storytelling, Charles D. King’s Macro (“Judas and the Black Messiah,” “Mudbound”) and Mucho Mas Media (“The Long Game, “Rosario”). Growth creates opportunities: “I’ve been consistently focused on high-quality IP, while bringing a big focus on ROI and using data as currency in terms of who is watching and how often, which will help to empower all creative voices,” she says. Partner Johnson Shapiro Slewett & Kole Johnson has secured over $1 billion in production commitments for Tyler Perry Studios, including Netflix deals that closed in 2024 — a multi-year, first-look series pact and an agreement to produce multiple faith-based films — adding to a deal he made with the streamer in October 2023, calling for eight films over four years. He also handled Perry’s BET series producing agreement and the launch of two free ad-supported streaming channels featuring all of Perry’s BET output. Johnson’s non-Perry work included a joint-venture agreement between Andy and Barbara Muschietti and Skydance to create horror division Nocturna. Gaming the deflating production bubble: “Platforms are being more discerning in what they are investing in, so we need to work harder to show the value proposition to secure long-term, multi-part deals,” he says. Partner Kirkland & Ellis Traxler was at the center of two of the year’s biggest music catalog deals, repping Blackstone in its $1.6 billion purchase of Hipgnosis Songs Fund in April and Universal Music Group in its acquisition of a 25.8% stake in Chord Music Partners for a reported $240 million in February. Music catalog market comeback: “Most every client I’m in contact with about acquisitions feels that as interest rates hopefully continue to come down and economic conditions improve in different countries, opportunities will re-emerge to acquire catalogs,” he says. “There are still plenty of interesting catalogs at all sizes and all levels to attract different kinds of music companies. We need to work harder to show the value proposition to secure long-term, multi-part deals.” Partners Latham & Watkins As partners in Latham & Watkin’s entertainment, sports and media group, Bruington specializes in debt financing transactions and West handles music catalog acquisitions and represents talent in IP joint ventures and brand sponsorship deals, while Johnson and Ranger are transactional generalists. In the past year, they helped Blumhouse acquire Atomic Monster and buy out ITV’s equity interests in Blumhouse Television; advised Skydance Media in its merger with Paramount; negotiated KKR’s sale of Chord Music Partners; and represented Brittney Griner in an exclusive life rights and producing agreement with ESPN and ABC. Turbulent times stir up opportunities: “The big way it’s played out is that private capital has become a lot more nimble in the entertainment [space],” says Ranger. “There are new and more investors, and they’re increasingly open to deploying capital across a variety of investment strategies, rather than traditional equity, traditional debt deals.” CEO Legendary Entertainment Grode led Legendary’s buyback of Beijing-based Wanda Group’s remaining equity interest in the studio in October, putting its ownership solely in the hands of its management and private equity investment firm Apollo Global Asset Management. Grode says it gives them the freedom to pursue M&A opportunities “without the augmented regulatory risk that comes from having a foreign owner in our business.” Legendary was able to do it with cash on hand, thanks to back-to-back blockbusters “Dune: Part Two” and “Godzilla x Kong: The New Empire,” which grossed a combined $1.2 billion worldwide. AI can localize social media posts: “It’s proving to be very efficient in getting adjustments out the door quickly and at a good price point,” he says. James Feldman Managing partner Stephen Clark Melissa Rogal Jonathan Shikora Partners Lichter, Grossman, Nichols, Feldman, Rogal, Shikora & Clark Feldman cut feature deals for, among others, brothers Benny Safdie (write/direct “The Smashing Machine”) and Josh Safdie (co-write/direct “Marty Supreme”). Feldman and Rogal set Viola Davis for the HBO series “Waller,” while Rogal and Shikora negotiated a multi-script development deal at Amazon for “Poker Face” showrunners Lilla and Nora Zuckerman. Clark serviced clients including Rian Johnson and Ram Bergman (Will Ferrell golf comedy series for Netflix) and “Shōgun” creators Justin Marks and Rachel Kondo. Why streamers are now providing viewer data: According to Feldman, it’s not just about WGA and SAG-AFTRA contract demands. “It’s also largely driven by the fact that all the streamers are trying to sell ads now, and these advertisers have a lot more leverage than the writers did to demand the equivalent of ratings,” he says. Partner Manatt, Phelps & Phillips Chatham repped Dr. Phil (McGraw) in the April launch of his television network Merit Street Media, which is available to more than 80 million homes via partnerships with a mix of broadcast, cable, satellite and FAST channel platforms. Other clients include Logan Paul, Gabriel Macht, Demi Moore and Gabrielle Reece. Products placed just-so: “Now we’re negotiating deals where content, commerce and community blur together,” he says. “Our clients are building robust first-party data operations through their content, then leveraging that to launch everything from spirits, sports drinks, condiments and lifestyle brands. The content is essentially a marketing catalyst for their broader business empire.” Partner Manatt, Phelps & Phillips Meller led the Manatt team that advised Chord Music Partners on its sale, in which KKR’s majority stake was bought by a consortium consisting of Universal Music Group and Dundee Partners for $240 million, resulting in a valuation of $1.85 billion after the deal closed in February. Building out business: “The music industry continues to trend toward artists and songwriters owning and exploiting their own copyrights and relying less on companies and gatekeepers,” he says. “Artists can set their own destiny. We help songwriter clients self-administer and get the most value from their works. Building brands outside of the traditional entertainment industry is also a critical element to an artist’s long-term financial success.” Partner Manatt, Phelps & Phillips Over the past year, Custer handled 23 multi-million-dollar music catalog deals, 21 of which were on the buyer side. Among those were 13 for Reservoir Media Management (including publishing assets of Tupac Shakur producer Big D Evans) and six for Seeker Music (including royalties for B.o.B.). On the seller side, he closed major deals for Pat Benatar and Jay Gruska. He also serves as general counsel for artists including Neil Young and the Pixies. These are the good ol’ days: It’s been a rocky road for the music industry since Custer launched his career in 1997, but he’s happy where it is today. “Now with the ascendency of streaming, touring and music asset sales transactions, there is never a dull day,” he says. Partner Manatt, Phelps & Phillips Stapleton advised Pophouse Entertainment on its $300 million acquisition of the catalog, brand name and IP of rock band Kiss and its purchase of a majority share of Cyndi Lauper’s publishing and recording revenue. He also serves as counsel for Jack White’s Third Man Records, recording artists Em Beihold and La Lom, and Emmy-winning director-producer Jeff Zimbalist (“Skywalkers: A Love Story”). Wolf at the door, thy name is AI: “Performers and songwriters have been fighting for well over a decade to get their fair share of streaming revenues,” he says. “Now, with AI technologies boosting the occurrence of streaming fraud and flooding DSPs with authorless music, artists are facing a new threat to their hard-won share of the streaming ecosystem.” Navid Mahmoodzadegan Co-founder & co-president Carlos Jimenez Global head of media, sports & entertainment Moelis & Co. Mahmoodzadegan and Jimenez were at the center of Hollywood’s biggest deal of the year, advising Skydance Media on its $8 billion merger with Paramount, which closed in July. “There are lot of transactions that are roller coaster rides,” says Jimenez. “This one was probably the steepest.” Prospects for the “New Paramount”: “It’s a business that, in totality, obviously has some of its challenges ahead of it,” says Jimenez. “But I’m very bullish about [Skydance’s] David Ellison and the RedBird [Capital Partners] team that they’ve assembled. If anybody’s going to turn the Titanic, I think they will.” Partners Myman Greenspan Fox Rosenberg Mobasser Younger & Light Before Dead & Company grossed more than $130 million with their 30-day residency at the Sphere in Las Vegas this past summer, Greenspan and Arnst negotiated all-encompassing agreements involving the innovative venue, including ones that secured various rights and clearances for merch and visual IP incorporated into the concert. Greenspan also repped Red Hot Chili Peppers singer Anthony Kiedis in Universal’s option of the movie rights to his autobiography “Scar Tissue” and chef and TV personality Giada De Laurentiis in her spokesperson pact with Oceania Vista cruise ships. Old school still rules: “There was a moment a few years ago that everybody was chasing TikTok artists and it was almost like TikTok replaced the A&R department,” says Greenspan. If you want to build a long and sustained career, “get out on the road, play your songs, deal with people individually, let them know who you are.” Chairman, global advertising & partnerships NBCUniversal Marshall oversaw the team that secured a record $1.25 billion in advertising revenue for NBC’s Summer 2024 Olympics and Paralympics coverage. Seventy percent of the advertisers were Olympics first-timers, contributing $500 million to the final tally, thanks in part to Marshall’s efforts the help smaller marketers break into the once-exclusive television arena via programmatic ad buys. Trend spotter: “In measuring the impact of advertising, we are evolving from proxies to a certified measurement ecosystem proving the true impact of a client’s media objectives,” he says. “As the feedback loop has strengthened, it is indisputable that the most impactful advertising campaigns are in premium video that is running across linear and streaming.” Amy Siegel Partner; co-chair of the entertainment, sports and media group Matthew Syrkin Partner; co-chair of the media tech group Lindsay Conner Silvia Vannini Partners O’Melveny & Meyers In response to lingering challenges from 2023’s strikes, this O’Melveny & Meyers quartet got creative to help clients adapt and thrive. With Siegel in the lead, the team repped Fifth Season in the sale of a 25% stake to Japanese studio Toho for $225 million and advised HighPoint Media Advisors in connection with Shamrock Content Strategy’s acquisition of a media portfolio of more than 550 feature films, 2,000 hours of TV programming and 450 songs. With Cooper running point, they handled several transactions for ITV, including the sell-back of the 45% stake in Blumhouse Television it bought from Blumhouse in 2017 and its co-production agreement with Amazon MGM Studios for the television series “The Better Sister.” AI drawing industry deeper into uncharted territory: “It’s changing how content is created and how Hollywood does business, creating both opportunities and potential liabilities for our clients,” says Siegel “We are closely following the legal landscape around AI as it continues to evolve.” Partner, entertainment & media group Reed Smith Love’s focus on the intersection of music, digital media and emerging technologies makes him a trusted representative for emerging and established musical artists, songwriters, music companies and institutional investors. Whether acting as outside counsel to investment collective PleasrDAO, representing South Korea’s YG Entertainment, nu metal band Korn and jazz legend Thelonious Monk’s estate in transactional music matters or serving as Concord Music Group’s lead music attorney on its $468.8 million acquisition of Round Hill Music Fund, Love knows his success depends on his clients’ success. Doing good works: “We’ve worked on well over $1 billion in music catalog transactions this year, but helping Kesha to establish Kesha Records and seeing her thrive as a fully independent artist is my proudest moment,” says Love. Partner; co-chair, entertainment & media industry group Reed Smith Sessa spent a large part of the past year handling major music acquisition deals for clients including Concord, Sony, Lyric, Kobalt, Hipgnosis, Litmus, Shamrock, Seeker, Pophouse and Flexpoint. Other highlights include advising the Smashing Pumpkins on a stadium tour with Green Day and Bon Jovi on various issues (including his Hulu docuseries “Thank You, Goodnight: The Bon Jovi Story”) and assisting Kesha in launching her new record label. Another record year for music catalog sales predicted: “Simply stated, music rights are a bankable asset class for the financial industry,” he says. “The model works so you will continue to see more buyers enter the space.” Leif Cervantes de Reinstein Shaun Clark Aerin Snow Partners Joseph Ireland Associate Sheppard, Mullin, Richter and Hampton Cervantes de Reinstein and Snow closed high-profile deals for clients including Lionsgate ($375 million acquisition of indie content platform eOne from Hasbro), while serving as outside corporate counsel handling equity financing transactions and joint ventures for 101 Studios (home to Taylor Sheridan’s “Landman,” “Tulsa King” and the “Yellowstone” franchise), including a strategic deal with Paramount Global for multiple series from A-list executive producers including Antoine Fuqua and George Clooney. Clark and Ireland were equally busy, repping Creative Wealth Media Lending in its acquisition of Bron Studios and Sony Pictures in its purchase of Alamo Drafthouse Cinema. Other clients include studios Legendary Pictures and Fremantle and iconic brands such as Peloton, Mazda, QVC and the Hershey Co. Optimistic about the coming year: “[We] expect that we will continue to see strategic collaborations between companies in different industries, [including] tech companies working with content providers, brands collaborating with celebrities, sports leagues collaborating with entertainers, and networks attempting to find new ways to generate revenue,” says Clark. “The M&A marketplace also looks more bullish.” Robert A. Darwell Senior partner; head of global media Ramela Ohanian Partner Nicolas Urdinola Senior associate Tiago Aquino Associate Sheppard, Mullin, Richter and Hampton The multilingual team led by Darwell has been busy handling the development, production and rights agreements on a slew of international projects for companies including Meta, Paramount, TelevisaUnivision, Gaumont, Globo and, most significantly, Amazon MGM Studios. As the outside counsel for the latter, they recently worked on deals for the Spanish feature “La Virgen Roja,” the Mexican series “Cada Minuto Cuenta,” the Colombian film “Pimpinero,” starring Medellín-born rock star Juanes, and an eight-part limited series adaptation of Chilean-American author Isabel Allende’s novel “House of Spirits,” which is Amazon’s highest-budget Latin American production to date. For Meta, they assisted its in-house legal team in negotiating the talent agreements for a series of AI chatbots embodying public figures such as Tom Brady, Kendall Jenner and Naomi Osaka. Look for more experiential entertainment: “It’s bringing new ways for audiences to connect with one another and, on the business side, there’s ancillary revenue streams for both studios and talent,” says Ohanian. Partner; co-leader, global entertainment, sports and media practice Sidley Austin If Dwayne Johnson were Thompson’s only client, he’d still be a very busy man. In the past year, the attorney handled the launch of the massively muscled multi-hyphenate’s Papatui line of personal care products, the merger of the XFL (which Johnson bought out of bankruptcy in 2020 with ex-wife Dany Garcia and other investors) with the USFL to create the United Football League in partnership with ESPN and Fox, and a deal for him to join the board of WWE parent company TKO Group Holdings, re-enter the ring and take full ownership of his nom de wrestling “The Rock.” Placing more bets on original IP: “While that might not be the wisest move from a pure economics standpoint, with a more diverse landscape of bold new content, it will increase competition for people’s eyes and ears,” says Thompson, who also repped “Call Her Daddy” podcast host Alex Cooper in her new $125 million deal with SiriusXM. Managing Partner Singh, Singh & Trauben A onetime in-house lawyer for Universal Music, Singh occasionally moonlights as a producer, most recently with the 2024 Peacock docuseries “Reggaeton: The Sound that Conquered the World,” which he exec produced with client Daddy Yankee. But his day job is cutting deals for the likes of Missy Elliott (“Out of This World” tour), Latin music star Ozuna (publishing catalog sale to Kobalt/KMR Holdings), Flow La Movie (catalog sale to Cinq Music), FloyyMenor (deal with UnitedMasters) and Grupo Firme (new distribution agreement with Virgin and publishing deal with Universal). The power of music catalog sales: “This trend has reshaped how legacy artists, songwriters and producers approach their long-term financial strategies,” he says. David Eisman Partner; head of media and entertainment group Glen Mastroberte Partner, media and entertainment group Skadden, Arps, Slate, Meagher & Flom M&A specialists in the entertainment sector, Eisman and Mastroberte kept busy working on transactions spanning film, television, music, gaming and sports as the industry recovered from last year’s strikes. They’ve helped indie music labels like Drake’s OVO Sound and DJ Khaled’s We the Best Music strike major deals, and represented Parkwood Ventures in Beyoncé’s joint venture with Moët Hennessy and the development, marketing and launch of her SirDavis whisky brand. Proudest moment in 2024: For Eisman, it was handling UTA’s acquisition of top European soccer agency Roof. “That was the largest deal that UTA has ever done in its history,” he says. Rick Offsay Partner; global co-chair, entertainment, sports & media practice Justin Hamill Partner; global co-chair, mergers & acquisitions and private equity practice Latham & Watkins Hamill and Offsay tackle complex strategic transactions, like advising Skydance Media in a merger with Paramount and an investor group in a $8 billion-plus investment in Paramount Global and the acquisition of National Amusements. Separately, Offsay advised Carlyle in providing an $800 million asset-backed credit facility to Park County (“South Park”), while Hamill advised Endeavor in a $25 billion take-private acquisition of the company by Silver Lake. Staying ahead of the curve: “Comcast’s recent spin out of its cable networks, and Warner Brothers — [which has gone] through a number of transactions, including with Discovery — now needs to figure something else out,” says Offsay. “All of these legacy media companies are trying to figure out the next thing.” Exec VP, global head of corporate Sony Pictures Entertainment Anguelova played a key role in securing Sony Pictures Entertainment’s acquisition of the dine-in theater chain Alamo Drafthouse Cinema, marking the first time a major studio has re-entered the theatrical exhibition business since the 1948 Paramount Consent Decrees were lifted in 2020. The studio plans to harness Alamo’s four million loyalty club members to “eventize” its IP, including content from anime-centric subscription VOD streamer Crunchyroll. Managing the downturn: “Certainly, our offer structures are adapting and becoming more nuanced to be reflective of the new realities of the market, and to align with both seller and buyer interests,” says Anguelova. “The market is showing resilience for premium companies despite current challenges, as evidenced by recent high-profile transactions like the All3Media sale to RedBird.” Greg Akselrud Partner; chair of internet, digital media and entertainment practice Cathleen Green Senior counsel Stubbs Alderton & Markiles Influential Network could’ve used a big white shoe law firm to handle its $500 million acquisition by Publicis Groupe. Ex-Disney exec Ben Sherwood and former Hearst chief content officer Joanna Coles could’ve done the same when they took the editorial reins at the Daily Beast in a deal that gave the duo close to a 50% equity interest in the publication. Instead, they called on mid-size Sherman Oaks-based Stubbs Alderton & Markiles. According to Akselrud, it’s because not only are they well-versed in the issues, they also have the ability to see the blind spots in a deal and “think around the corner.” Can’t sell a new product on stars power alone: “You need to have a celebrity with a relatively decent following to launch the brand, but then you really must have marketing dollars to facilitate the growth,” says Akselrud. Global head of music business development TikTok Obermann played a key role in bringing Universal Music Group catalog back to TikTok in May 2024 with a new licensing agreement featuring enhanced AI protections. He’s also provided promotional and creative support for the platform’s partnerships with artists including Taylor Swift, Billie Eilish, Sabrina Carpenter and Post Malone. No need to panic about AI: “A year and a half ago, the feeling in the music industry was the sky might be falling because AI is coming at us in a fast and furious way, and we don’t know if we have the right guardrails,” he says. “We had ‘Fake Drake’ [in April 2023] and a couple of other cultural moments with AI in music, but it’s gone pretty quiet, if you think about it.” President, platform distribution The Walt Disney Company Disney’s roster of networks (including ABC, Disney-branded channels, ESPN, FX and National Geographic) had been dark on DirecTV for nearly two weeks in September before Connolly, serving as chief negotiator, hammered out an agreement. The multi-billion-dollar deal he facilitated covered carriage of the Mouse House’s linear channel portfolio, as well the option for consumers to subscribe to its streaming services (Disney+, Hulu, ESPN+) via select DirecTV packages or on an a la carte basis. The upside to bad times: According to Connolly, the production downturn “has created greater demand for content in the marketplace and more opportunities for us to strategically license our best-in-class, non-branded library content to third parties.” Adam Glick Exec VP, business operations, Warner Bros. Television Matt Matzkin Exec VP, operations, Warner Bros. Unscripted Television and Warner Bros. Animation Shanon Muir Senior VP, legal, Warner Bros. Television Group — Animation Warner Bros. Television Group Collectively, this Warner Bros. trio handled the dealmaking for just under 90 series for a multitude of platforms. Glick cut straight-to-series deals for an untitled HBO comedy from Bill Lawrence starring Steve Carell and the John Wells’ medical drama “The Pitt.” On the unscripted side, Matzkin launched the Food Network’s “Harry Potter: Wizards of Baking,” Max’s “Fast Friends” and the syndicated “True Crime News” and secured renewals for “Extra” and “The Jennifer Hudson Show.” Muir negotiated three new Cartoon Network series orders for “Foster’s Funtime for Imaginary Friends,” “Adventure Time Side Quests” and an untitled “Regular Show” project. Dealing digital supplements: “We have a number of podcasts that we produce on our own, and we’re also collaborating with other podcasts that are not produced by us, and trying to get our talent on to them,” says Matkzin. Partner Weintraub Tobin Gordon negotiated several headline deals for “Call Her Daddy” host and executive producer Alex Cooper, including a new multi-year $125 million pact with SiriusXM that will bring Cooper’s Unwell Network family of podcasts to the platform beginning in 2025. Other clients include actors Diane Lane and Zosia Mamet, podcasters Guy Raz and Caleb Pressley, novelist/screenwriter Maria Semple, dancer/singer/social media personality Niana Guerrero and actress/writer/comedian Jenny Lorenzo. Added visuals mean bigger bucks: “Video podcasts continue to gain popularity, and video has therefore become a key element, not only in driving audience engagement, but also providing great opportunity for promotion via clips on social media,” he says. Ariel Emanuel CEO, TKO Nick Khan President, WWE Mark Shapiro President & chief operating officer, TKO Andrew Schleimer Chief financial officer, TKO WWE Last year, Endeavor merged Ultimate Fighting Championship with World Wrestling Entertainment under the TKO Group Holdings banner. In January 2024, TKO’s leadership quadrumvirate closed a $5.2 billion, 10-year deal to make Netflix the exclusive home of WWE’s flagship show “Raw” in the U.S., Canada, U.K., Latin America and other territories beginning in January 2025. As part of the pact, Netflix will be the home for all WWE shows and specials outside the U.S. from that date forward, giving roughly 80% of international territories immediate access to 100% its content, with the rest of the globe filling out their WWE lineups as outstanding deals expire. Added value with Netflix: “While the money is extraordinarily important, the downstream impact and ancillary benefits to being with the distributor and just south of 300 million homes globally was something that got us very excited,” says Schleimer. Co-founder & managing partner Yorn Levine Barnes Krintzman Rubenstein Kohner Endlich Goodell & Gellman Yorn kept his 29-year-old firm at the front of the entertainment law pack in 2024, cutting deals for clients including Scarlett Johansson (starring role in “Jurassic World Rebirth”), Ellen DeGeneres ($20 million pact for Netflix comedy special), Zoe Saldaña (Golden Globe-nominated role in “Emilia Pérez”), Jonah Hill (write, produce and act in Apple TV+ movie “Outcome”) and Matthew McConaughey (Apple TV+ series “Brother From Another Mother”). Belt and suspenders treatment for AI: “We try to make sure that we add extra protection on top of what SAG has achieved with respect to studio deals for film and television,” he says. “We try for a zero-use policy across the board but are always open to see if AI can be beneficial for all concerned.” Partner Yorn Levine Barnes Krintzman Rubenstein Kohner Endlich Goodell & Gellman Barnes has been in the Snoop Dogg business for more than a quarter of a century, and business was very good this year, with the attorney closing deals for the rapper’s high-profile role in NBC’s Summer Olympics coverage and his judge gig on the network’s singing competition show “The Voice.” He did that while simultaneously helping set up his premium spirits company Still G.I.N., launched in partnership with Dr. Dre. Buckle up for Trump 2.0: “There may be an initial chilling effect on diverse hiring and productions,” he says. “And with such a vast ideological divide within the entertainment industry and beyond, some may be denied employment or access to capital based on their views.” Partner Yorn Levine Barnes Krintzman Rubenstein Kohner Endlich Goodell & Gellman Endlich recently negotiated comedian Bert Kreischer’s deal for two upcoming Netflix stand-up specials, and director/producer pacts for Taika Waititi’s Sony feature adaptation of Kazuo Ishiguro’s novel “Klara and the Sun,” starring Amy Adams, and Jaume Collet-Serra’s Netflix thriller “Carry On,” starring Taron Egerton. He also set D’Pharaoh Woon-A-Tai to star in A24’s “Warfare.” World domination has its benefits: “Given the global reach of the major streaming platforms, there’s greater opportunity to work with international clients and make innovative deals with foreign production companies that have partnered with the streamers to produce programs for both a U.S. and worldwide audience,” he says. Partner Ziffren Brittenham As the co-executor and manager of Michael Jackson’s estate, Branca engineered a 50% sale of the late superstar’s music publishing and record masters to Sony Music worth a reported $600 million, while retaining control for the estate, which to date has yielded $2 billion from productions including the Tony-winning “MJ: The Musical.” Disruption on endless rotation: “When you trace the effect of technology in the industry, whether it went from piano rolls to wax discs to albums, and 45s to free download to streaming, it keeps changing the industry,” Branca says. “The most important thing that content owners are doing is trying to protect their IP rights from being basically taken for free while somebody else creates a new asset.”

SEOUL, South Korea (AP) — South Korea's embattled President Yoon Suk Yeol avoided an opposition-led attempt to impeach him over his short-lived imposition of martial law , as most ruling party lawmakers boycotted a parliamentary vote Saturday to deny a two-thirds majority needed to suspend his presidential power. The scrapping of the motion is expected to intensify public protests calling for Yoon’s ouster and deepen political chaos in South Korea, with a survey suggesting a majority of South Koreans support the president’s impeachment. Yoon’s martial law declaration drew criticism from his own ruling conservative People Power Party, but it is also determined to oppose Yoon’s impeachment apparently because it fears losing the presidency to liberals. After the motion fell through, members of the main liberal opposition Democratic Party rallied inside the National Assembly, chanting slogans calling for Yoon's impeachment or resignation. The party's floor leader, Park Chan-dae, said it will soon prepare for a new impeachment motion. “We'll surely impeach Yoon Suk Yeol, who is the greatest risk to Republic of Korea,” party leader Lee Jae-myung said. “We'll surely bring back this country to normal before Christmas Day or year's end.” Despite escaping the impeachment attempt, many experts worry Yoon won’t be able to serve out his remaining 2 1⁄2 years in office. They say some ruling party lawmakers could eventually join opposition parties’ efforts to impeach Yoon if public demands for it grow further. On Saturday, tens of thousands of people densely packed several blocks of roads leading up to the National Assembly, waving banners, shouting slogans and dancing. Protesters also gathered in front of PPP’s headquarters near the Assembly, angrily shouting for its lawmakers to vote to impeach Yoon. A smaller crowd of Yoon’s supporters, which still seemed to be in the thousands, rallied in separate streets in Seoul, decrying the impeachment attempt they saw as unconstitutional. Impeaching Yoon required support from two-thirds of the National Assembly, or 200 of its 300 members. The Democratic Party and five other small opposition parties, which filed the motion, have 192 seats combined. But only three lawmakers from PPP participated in the vote. The motion was scrapped without ballot counting because the number of votes didn’t reach 200. National Assembly Speaker Woo Won Shik called the result “very regrettable” and an embarrassing moment for the country’s democracy that has been closely watched by the world. “The failure to hold a qualified vote on this matter means we were not even able to exercise the democratic procedure of deciding on a critical national issue,” he said. Opposition parties could submit a new impeachment motion after a new parliamentary session opens next Wednesday. If Yoon is impeached, his powers will be suspended until the Constitutional Court decides whether to remove him from office. If he is removed, an election to replace him must take place within 60 days. Earlier Saturday, Yoon issued a public apology over the martial law decree, saying he won’t shirk legal or political responsibility for the declaration and promising not to make another attempt to impose martial law. He said would leave it to his party to chart a course through the country’s political turmoil, “including matters related to my term in office.” “The declaration of this martial law was made out of my desperation. But in the course of its implementation, it caused anxiety and inconveniences to the public. I feel very sorry over that and truly apologize to the people who must have been shocked a lot,” Yoon said. Since taking office in 2022, Yoon has struggled to push his agenda through an opposition-controlled parliament and grappled with low approval ratings amid scandals involving himself and his wife. In his martial law announcement on Tuesday night, Yoon called parliament a “den of criminals” bogging down state affairs and vowed to eliminate “shameless North Korea followers and anti-state forces.” The turmoil resulting from Yoon’s bizarre and poorly-thought-out stunt has paralyzed South Korean politics and sparked alarm among key diplomatic partners like the U.S. and Japan. Tuesday night saw special forces troops encircling the parliament building and army helicopters hovering over it, but the military withdrew after the National Assembly unanimously voted to overturn the decree, forcing Yoon to lift it before daybreak Wednesday. The declaration of martial law was the first of its kind in more than 40 years in South Korea. Eighteen lawmakers from the ruling party voted to reject Yoon’s martial law decree along with opposition lawmakers. PPP later decided to oppose Yoon's impeachment motion. Yoon’s speech fueled speculation that he and his party may push for a constitutional amendment to shorten his term, instead of accepting impeachment, as a way to ease public anger over the marital law and facilitate Yoon’s early exit from office. Lee told reporters that Yoon’s speech was “greatly disappointing” and that the only way forward is his immediate resignation or impeachment. His party called Yoon’s martial law “unconstitutional, illegal rebellion or coup.” Lawmakers on Saturday first voted on a bill appointing a special prosecutor to investigate stock price manipulation allegations surrounding Yoon’s wife. Some lawmakers from Yoon’s party were seen leaving the hall after that vote, triggering angry shouts from opposition lawmakers. On Friday, PPP chair Han Dong-hun, who criticized Yoon’s martial law declaration, said he had received intelligence that during the brief period of martial law Yoon ordered the country’s defense counterintelligence commander to arrest and detain unspecified key politicians based on accusations of “anti-state activities.” Hong Jang-won, first deputy director of South Korea’s National Intelligence Service, told lawmakers in a closed-door briefing Friday that Yoon had ordered him to help the defense counterintelligence unit to detain key politicians. The targeted politicians included Han, Lee and Woo, according to Kim Byung-kee, one of the lawmakers who attended the meeting. The Defense Ministry said Friday it suspended three military commanders including the head of the defense counterintelligence unit over their involvement in enforcing martial law. Vice Defense Minister Kim Seon Ho has told parliament that Defense Minister Kim Yong Hyun ordered the deployment of troops to the National Assembly after Yoon imposed martial law. Opposition parties accused Kim of recommending to Yoon to enforce martial law. Kim resigned Thursday, and prosecutors imposed an overseas travel ban on him.A bakery in Indiana is still using the 40-year-old Commodore 64 as a cash registerLuigi Mangione’s arrest thrust his family into the spotlight. Who are the Mangiones of Baltimore County?

Economist and is coming around after this year's blistering stock market rally. While he says his updated view doesn't amount to "throwing in the towel," he admits that the technology-fueled AI boom is requiring him to reframe his thinking on the broader stock market. "It's high time for me to stop pontificating on all the reasons why the U.S. stock market is crazily overvalued and all the reasons to be bearish based on all the variables I have relied on in the past," Rosenberg wrote to his clients on Thursday. Rosenberg has long relied on today's stock market valuations relative to the past to highlight just how historically extreme the stock market is currently valued. And he's not wrong. Longtime stock bull Ed Yardeni this week that showed that valuations have been stretched to historical extremes. However, according to Rosenberg, the extreme valuations may actually be warranted if AI can unleash a wave of productivity upon the economy. This idea was echoed by BlackRock in which argued that comparing today's market valuations to those of the past is "apples to oranges" given the profound shift in America's tech-led economy. Perhaps more importantly, the promise of AI is ultimately leading investors to extend their time horizons beyond the traditional one-year outlook. "Investors are clearly looking out beyond one year across an entire gamut of indicators and developments, so the classic way we look at valuations may not be appropriate today," Rosenberg said. Rosenberg added that even if the stock market is in a bubble, it may not be apparent for years to come, similar to the internet bubble that began to form in the mid-1990s before ultimately popping in 2000. With profits booming for technology companies like Nvidia, the exuberance gripping investors doesn't appear to be extreme or unsustainable. "A bear market only ensues if and when these expectations prove to have been excessive. That day may well come, but Mr. Market has been saying for some time: Rosenberg said. A shift in the Federal Reserve's interest rate policy could also send markets lower, but that doesn't seem to be in the cards in the near term. Going forward, Rosenberg said he is keeping a more open mind toward the idea that the stock market bull rally could "go further than anyone thinks." "The way to redress the lament of a bear is to keep an open mind as we head into 2025 and learn from the mistakes of the past year," Rosenberg said. Read the original article onWhen Guangli Xu's phone started buzzing with thousands of notifications, he realised he had "gone viral". The 28-year-old shared a video to social media platform Douyin — the Chinese version of TikTok — titled "Challenging the world's longest commute to classes". The video documents the 8,800km journey Xu takes weekly from his hometown Dezhou, in China’s Shandong province, to Melbourne for face-to-face classes. "A round trip takes about 72 hours. One way is about 10 to 13 hours on the plane," he tells SBS Mandarin. Xu first came to Melbourne eight years ago and in that time has completed his undergraduate studies in game design and a master's degree in arts management at RMIT University. For his final semester this year, he decided to move back to his hometown and become an 'international commuter'. Source: Supplied "I usually leave for Melbourne on Monday mornings and can be back home [in China] by Wednesday evenings," Xu says. Between August and October, he made the commute 11 times, with each round trip costing around $1,500. He says the expense is comparable to his typical monthly living costs in Melbourne. Xu says the main reasons he wanted to become an "international commute student" were to spend more time with his family and girlfriend, who are based in Dezhou, and to prepare for a career in China post-graduation. Before committing to the plan, Xu read up on China's overseas degree recognition and recruitment timelines and assessed the feasibility of managing his coursework remotely. Why international students like Huzaifa say they feel 'like a scapegoat' "I found that the flight routes between China and Australia are frequent, with multiple airlines operating, so I gave it a try ... It turned out to be quite feasible and I haven't encountered any major issues," he explains. "I prefer the environment and convenience in China. After living abroad for so many years, I also wanted to spend more time with my family." Cross-state commuting Alongside international commuting, some domestic students are travelling interstate for their studies. Hunter Huang, a Chinese international student at the University of Adelaide, moved to Sydney in February and began a four-month journey of "cross-state commuting" to complete his postgraduate studies in marketing. The 27-year-old had been living in Adelaide since 2016, where he completed his foundation and undergraduate studies. Source: Supplied Speaking to SBS Mandarin, Huang says he would typically fly from Sydney to Adelaide once a month, returning the same day. "I usually arrive at Sydney Airport around 6am and take the earliest flight to Adelaide, arriving just in time for my 10am class. Like Xu, Huang’s move was in part motivated by love — his girlfriend lives in Sydney. He also cited Sydney’s lower shared accommodation costs and greater job opportunities as primary reasons behind his decision to commute between states. "After calculating the costs, I found that living together [with my girlfriend] in Sydney is cheaper than living apart, with me staying in Adelaide to study. We're saving nearly a month's rent, around $2,000," Huang says. "Also, it's not easy to find a marketing job in Adelaide but there are more opportunities here in Sydney." There are new restrictions for student visas in Australia. Here's what you need to know Could international commuting become mainstream? Xu isn't the only one adopting the international commute lifestyle. On Chinese social media, it is not unusual to see international students from other countries posting videos tagged "China-Japan commute", "China-Korea commute" and "China-Russia commute". Dr Qian Gong, a scholar of Chinese media and popular culture at Perth's Curtin University, believes that short-term international commuting could become "a more common practice" among international students in the near future. "Particularly for countries that are geographically closer, like South Korea, Japan, Malaysia or Singapore, I think it's highly possible that some students might opt for a period of international commuting," she says. Source: Supplied Gong explains that compared with earlier generations of Chinese international students, the new generation places a higher value on staying connected with their families. Additionally, an increasing number of students now choose to return to China after graduation. "I've seen students mention that one reason they choose Australia is the [smaller] time difference between Australia and China. Whereas in the US, for instance, it's less convenient to call or video chat with family," she says. "Over time, international commuting might become a practice that no longer stands out as unusual." These uni students are working 'extreme hours' to make ends meet, but a crackdown is looming International commute not for everyone As Xu's international commute videos gained traction online, he started facing criticism. Some comments posted on Douyin label him a "wealthy kid" and questioned the value of his degree. Dr Hongzhi Zhang is a senior lecturer in education at Monash University and says the decision to undertake international commuting is tied to a range of social, economic and lifestyle factors international students have to consider. "If there were more job opportunities and better living conditions here in Australia, I believe [Xu] would be more inclined to invite his family to live in Australia, rather than flying back to China every week," Zhang says. Source: SBS News Despite the considerable time spent travelling and associated costs, Zhang says international commuting does not necessarily diminish the quality of learning. "What affects the quality of learning is whether the student has adequately prepared before attending class," he explains. Zhang points out that since the pandemic, universities have embraced more flexible teaching methods to meet diverse needs. "For instance, many reading materials are now provided online in advance. Whether students are in Australia or elsewhere, they can prepare for class ahead of time." International students face major mental health barriers. Are universities doing enough? In early December, Xu returned to Melbourne to prepare for his graduation ceremony later this month. Reflecting on his three-month journey as an international commuter, Xu described it as a "bold" experiment that not only enriched his life experience but also made him more confident about planning for his future. But he says international commuting is "not a good fit for everyone". "But if your time and energy abroad are already limited, I'd recommend focusing on integrating into local life as soon as possible. I think that will have greater meaning for your future." This story was written by Nicole Gong from SBS Mandarin .( MENAFN - GetNews) SEATTLE - Dec 18, 2024 - Spectral Capital Corporation (OTCQB: FCCN ), a pioneer in Quantum as a Service (QaaS) and decentralized cloud infrastructure, today announced the appointment of Dr. Moshik Cohen as its Chief Technology Officer (CTO) . A globally recognized expert in plasmonics , nanophotonics , and quantum systems , Dr. Cohen will lead Spectral's technology roadmap, driving innovations that accelerate the Company's Quantum Bridge approach to bridge the gap from classical computing to future quantum architectures through deep technology innovation. "Dr. Moshik Cohen is a visionary leader whose groundbreaking research in plasmonics and deep technology and semiconductor experience has reshaped what's possible in making practical strides in transfer and computation," said Sean Michael Brehm, Chairman of Spectral Capital. "With his expertise, Spectral is transforming itself from a Quantum as a Service Company (QaaS) to a Deep-tech holding company with the world's most practical IP in Quantum Computing. Leading Expertise in Plasmonics and Nanophotonics Plasmonics, the study of light-induced electron waves on nanoscale metal surfaces, enables data transmission at near-light speed while operating with minimal power consumption. Dr. Cohen's pioneering work has demonstrated plasmonic technologies that can significantly enhance classical computing systems: With more than two decades of experience spanning cutting-edge research and commercialization, Dr. Cohen has consistently delivered scalable, high-impact solutions across industries, including telecommunications, autonomous systems, and quantum technologies. About Dr. Moshik Cohen Dr. Cohen holds a PhD in Physical Electronics and has led groundbreaking research in plasmonics, nanophotonics, and quantum systems. His contributions have been featured in Nature, Science, and other top-tier scientific journals, advancing global understanding of how plasmonic technologies can unlock near-light-speed computing. Prior to joining Spectral, Dr. Cohen held leadership roles at globally recognized organizations: "Spectral's vision for a new era of computing aligns perfectly with the potential of plasmonics," said Dr. Moshik Cohen. "We are on the cusp of enabling classical systems to achieve near-quantum-level speeds. I look forward to leading Spectral's technical innovation and delivering solutions that will transform industries and pave the way for practical quantum computing." Positioned for Transformation Under Dr. Cohen's leadership, Spectral is enhancing its commitment to deep-tech innovation and scalable solutions that redefine classical computing. Leveraging expertise in plasmonics and advanced quantum systems, Spectral continues to explore strategic opportunities that align with its mission to deliver the next generation of speed and efficiency in data transmission and computation. "With decades of groundbreaking research, Dr. Cohen has proven his ability to turn visionary ideas into practical scalable solutions," said Jenifer Osterwalder, CEO of Spectral Capital. "His work will accelerate Spectral's current Quantum Bridge initiative and deliver next-generation technologies that redefine speed, efficiency, and scalability while connecting classical compute to emerging quantum systems." The Company will be providing further updates on Spectral's advancements, and a technological roadmap will be shared in the near term. About Spectral Capital Corporation Founded in 2000 and based in Seattle, Washington, Spectral Capital (OTCQB : FCCN ) is a technology startup accelerator and quantum incubator. Specializing in Quantum as a Service (QaaS) , Spectral leverages its proprietary Distributed Quantum Ledger Database (DQ-LDB) to deliver secure, advanced storage and computing solutions. For more information, visit . Forward-Looking Statements This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and FCCN's growth and business strategy. Words such as "expects," "will," "intends," "plans," "believes," "anticipates," "hopes," "estimates," and variations on such words and similar expressions are intended to identify forward-looking statements. Although FCCN believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of FCCN. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in FCCN's business; competitive factors in the market(s) in which FCCN operates; risks associated with operations outside the United States; and other factors listed from time to time in FCCN's filings with the Securities and Exchange Commission. FCCN expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in FCCN's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. SOURCE: Spectral Capital Corporation: MENAFN18122024003238003268ID1109009787 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.Democrats Have a Problem Much Bigger Than Donald Trump

Magic's Franz Wagner sidelined by torn oblique

OSAKA, Japan & CAMBRIDGE, Mass. — Takeda will host an investor R&D Day today beginning at 8:30 a.m. JST in Tokyo. The meeting will focus on programs in the company’s late-stage pipeline, the transformative value they could deliver to patients, and the market opportunities they represent. “We are focused on advancing our innovative pipeline and accelerating late-stage programs to deliver sustainable revenue growth to 2030 and beyond, building upon the strong momentum of our Growth and Launch Products,” said Christophe Weber, Takeda chief executive officer. “The first three Phase 3 programs will read out in 2025, initiating a cadence of potential filings across multiple indications over the next several years.” The late-stage pipeline includes oveporexton (TAK-861), zasocitinib (TAK-279), rusfertide (TAK-121), mezagitamab (TAK-079), fazirsiran (TAK-999) and elritercept (TAK-226). Combined these programs have potential peak revenue of $10B – $20B. Data from three Phase 3 programs is expected to read out in 2025: Filings for these three indications are expected in fiscal years 2025 and 2026. Five additional indication filings for late-stage programs are on pace for fiscal years 2027 through 2029: “Takeda has established an exciting, late-stage pipeline of transformative therapies that we believe will deliver value to our company and, most importantly, to the patients we serve around the world,” said Andy Plump, president of R&D at Takeda. “As we continue scaling our capabilities and maximizing R&D investment to deliver the late-stage pipeline, we are also progressing an exciting early-stage pipeline, supporting a cutting-edge research organization, and focusing on creative business development across our therapeutic areas to sustain Takeda’s future and continue to meet significant unmet patient needs.” The meeting includes the following presentations and speakers: Christophe Weber, President & CEO Andy Plump, President, Research and Development Sarah Sheikh, Head of Neuroscience Therapeutic Area Unit and Head of Global Development Ramona Sequeira, President of Global Portfolio Division Chinwe Ukomadu, Head of Gastrointestinal and Inflammation Therapeutic Area Unit Ramona Sequeira, President of Global Portfolio Division Teresa Bitetti, President Global Oncology Business Unit P.K. Morrow, Head of Oncology Therapeutic Area Unit A live webcast of the meeting begins at 8:30 a.m. JST December 13 (6:30 p.m. EST December 12). Presentations are available on the where a video replay will be available following the meeting. Takeda is focused on creating better health for people and a brighter future for the world. We aim to discover and deliver life-transforming treatments in our core therapeutic and business areas, including gastrointestinal and inflammation, rare diseases, plasma-derived therapies, oncology, neuroscience and vaccines. Together with our partners, we aim to improve the patient experience and advance a new frontier of treatment options through our dynamic and diverse pipeline. As a leading values-based, R&D-driven biopharmaceutical company headquartered in Japan, we are guided by our commitment to patients, our people and the planet. Our employees in approximately 80 countries and regions are driven by our purpose and are grounded in the values that have defined us for more than two centuries. For more information, visit . For the purposes of this notice, “press release” means this document, any oral presentation, any question and answer session and any written or oral material discussed or distributed by Takeda Pharmaceutical Company Limited (“Takeda”) regarding this release. This press release (including any oral briefing and any question-and-answer in connection with it) is not intended to, and does not constitute, represent or form part of any offer, invitation or solicitation of any offer to purchase, otherwise acquire, subscribe for, exchange, sell or otherwise dispose of, any securities or the solicitation of any vote or approval in any jurisdiction. No shares or other securities are being offered to the public by means of this press release. No offering of securities shall be made in the United States except pursuant to registration under the U.S. Securities Act of 1933, as amended, or an exemption therefrom. This press release is being given (together with any further information which may be provided to the recipient) on the condition that it is for use by the recipient for information purposes only (and not for the evaluation of any investment, acquisition, disposal or any other transaction). Any failure to comply with these restrictions may constitute a violation of applicable securities laws. The companies in which Takeda directly and indirectly owns investments are separate entities. In this press release, “Takeda” is sometimes used for convenience where references are made to Takeda and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to subsidiaries in general or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies. This press release and any materials distributed in connection with this press release may contain forward-looking statements, beliefs or opinions regarding Takeda’s future business, future position and results of operations, including estimates, forecasts, targets and plans for Takeda. Without limitation, forward-looking statements often include words such as “targets”, “plans”, “believes”, “hopes”, “continues”, “expects”, “aims”, “intends”, “ensures”, “will”, “may”, “should”, “would”, “could”, “anticipates”, “estimates”, “projects” or similar expressions or the negative thereof. These forward-looking statements are based on assumptions about many important factors, including the following, which could cause actual results to differ materially from those expressed or implied by the forward-looking statements: the economic circumstances surrounding Takeda’s global business, including general economic conditions in Japan and the United States; competitive pressures and developments; changes to applicable laws and regulations, including global health care reforms; challenges inherent in new product development, including uncertainty of clinical success and decisions of regulatory authorities and the timing thereof; uncertainty of commercial success for new and existing products; manufacturing difficulties or delays; fluctuations in interest and currency exchange rates; claims or concerns regarding the safety or efficacy of marketed products or product candidates; the impact of health crises, like the novel coronavirus pandemic, on Takeda and its customers and suppliers, including foreign governments in countries in which Takeda operates, or on other facets of its business; the timing and impact of post-merger integration efforts with acquired companies; the ability to divest assets that are not core to Takeda’s operations and the timing of any such divestment(s); and other factors identified in Takeda’s most recent Annual Report on Form 20-F and Takeda’s other reports filed with the U.S. Securities and Exchange Commission, available on Takeda’s website at: or at . Takeda does not undertake to update any of the forward-looking statements contained in this press release or any other forward-looking statements it may make, except as required by law or stock exchange rule. Past performance is not an indicator of future results and the results or statements of Takeda in this press release may not be indicative of, and are not an estimate, forecast, guarantee or projection of Takeda’s future results. References in this press release to peak revenue potential ranges are estimates that have not been adjusted for probability of technical and regulatory success (PTRS) and should not be considered a forecast or target. These peak revenue potential ranges represent Takeda’s assessments of various possible future commercial scenarios that may or may not occur. References in this press release to PTRS are to internal estimates of Takeda regarding the likelihood of obtaining regulatory approval for a particular product in a particular indication. These estimates reflect the subjective judgment of responsible Takeda personnel and have been approved by Takeda’s Portfolio Review Committee for use in internal planning. This press release contains information about products that may not be available in all countries, or may be available under different trademarks, for different indications, in different dosages, or in different strengths. Nothing contained herein should be considered a solicitation, promotion or advertisement for any prescription drugs including the ones under development. Elritercept is included for reference only. Takeda entered into an exclusive license agreement with Keros for global rights, in all territories outside of mainland China, Hong Kong and Macau, to Elritercept. The closing of the transaction is subject to receipt of regulatory approval(s), expected in the first calendar quarter of 2025. Takeda does not currently have rights to Elritercept. ___________________________ References in this presentation to peak revenue potential are estimates that have not been adjusted for probability of technical and regulatory success (PTRS) and should not be considered a forecast or target. These peak revenue ranges represent Takeda’s assessments of various possible future commercial scenarios that may or may not occur. +81 (0) 90-6481-3412Arizona (7-8) at Los Angeles Rams (9-6) Saturday, 8:15 p.m. EST, NFL Network BetMGM NFL odds : Rams by 6 1/2. Against the spread: Cardinals 9-6; Rams 8-7. Series record: Rams lead 50-41-2. Last meeting: Cardinals beat Rams 41-10 in Glendale, Ariz. on Sept. 15. Last week: Cardinals lost to Carolina 36-30, OT; Rams beat New York Jets 19-9. Cardinals offense: overall (11), rush (5), pass (20), scoring (14). Cardinals defense: overall (20), rush (22), pass (13), scoring (T-13). Rams offense: overall (15), rush (20), pass (13), scoring (17). Rams defense: overall (24), rush (25), pass (19), scoring (21). Turnover differential: Cardinals minus-4; Rams plus-5. Cardinals player to watch WR Marvin Harrison Jr. has had a relatively productive rookie season with 51 catches for 726 yards and seven touchdowns. But it’s also true that he hasn’t always looked like the true franchise changing force the Cardinals expected when they took him with the No. 4 overall pick. Arizona might be out of the playoff race, but Harrison’s development continues to be a major focus for the team down the stretch. Rams player to watch RB Kyren Williams is coming off his best game of the season after rushing for 122 yards and a touchdown on 23 carries to help Los Angeles grind out a win at the Meadowlands. He hardly factored into the first meeting against Arizona, a game the Rams trailed 14-0 halfway into the first quarter and 24-3 at halftime, getting 12 carries and running for 25 yards and a touchdown behind a battered offensive line. Key matchup Cardinals QB Kyler Murray vs. Rams defensive line. Los Angeles had no answers for Murray in September as he threw for 266 yards and three touchdowns without an interception and added 59 yards rushing. But their defensive front is much more cohesive than it was in the second week of the season, with rookies Jared Verse and Braden Fiske proving to be menaces in the backfield. If Murray feels that pressure and can’t keep his eyes downfield, the Rams will be in much better shape to limit Arizona’s passing game. Key injuries The Cardinals have been beat up over the past two games. Both of the starting tackles — Paris Johnson Jr. (knee) and Jonah Williams (knee) — are out for the season after they were put on injured reserve this week. Others such as RB James Conner (knee), LB Baron Browning (neck), LB Mack Wilson Sr. (concussion) and DL Darius Robinson (calf) have been limited during practice. ... The Rams are in good shape, a far cry from where they were to start the season. RT Rob Havenstein was the only name on their injury report through Wednesday, when he was limited because of a shoulder injury. Series notes Arizona has not swept the season series since 2014 when the Rams were playing in St. Louis. ... The Rams and Cardinals have split the past four meetings. Arizona had dropped 11 of the previous 12 in the series. ... Los Angeles is 3-2 against Arizona since moving into SoFi Stadium in 2020, kickstarting its run to the Super Bowl after the 2021 season with a 34-11 win in an NFC wild-card game. Stats and stuff The Cardinals have lost four of their past five games and were eliminated from the playoff race after last week’s 36-30 loss to the Carolina Panthers. The Cardinals have made the playoffs just once over the past nine seasons. That was in 2021 ... Harrison had four catches for 130 yards and two TDs vs. the Rams in Week 2. All of that production came in the span of seven plays in the first quarter. ... The Cardinals are No. 5 in the NFL with 145.8 yards rushing per game. They also rank No. 2 with 5.28 yards per carry. ... Chad Ryland has made 25 field goals since his debut in Week 5, which ranks fourth in the NFL over that span. ... Safety Budda Baker has a career-high 148 tackles this season, which broke his previous high of 147 set in 2019. ... James Conner has 1,500 yards from scrimmage this season, including 1,090 rushing and 410 receiving. ... Trey McBride has caught 91 passes this season, which is a franchise record at tight end for the Cardinals. ... The Rams can clinch a playoff spot with a win and either a Seahawks loss or tie or a series of results elsewhere to secure the strength of victory tiebreaker. ... Rams QB Matthew Stafford threw for 110 yards against the Jets. Los Angeles has won all four games this season where Stafford has finished with fewer than 200 yards through the air. ... WR Puka Nacua had a record-setting rookie season, but Arizona was the one team that kept him in check. Nacua made four catches in each of the two meetings in 2023, finishing with 26 and 27 yards. ... The Rams didn’t have LT Alaric Jackson (suspension), LG Steve Avila (knee) or Nacua (knee) in the Week 2 game against the Cardinals. ... Los Angeles has run for at least 132 yards in four straight games, with Williams accounting for at least 87 yards in each outing that span. Fantasy tip Cooper Kupp likely sank many a fantasy title push with his limited production over the past month, and the Rams WR should remain on benches this week for any owners still in the mix. Kupp has topped 44 yards receiving once in his past five games against Arizona. ___ AP NFL: https://apnews.com/hub/NFL The Associated Press

Children of the wealthy and connected get special admissions consideration at some elite U.S. universities, according to new filings in a class-action lawsuit originally brought against 17 schools. Georgetown’s then-president, for example, listed a prospective student on his “president’s list” after meeting her and her wealthy father at an Idaho conference known as “summer camp for billionaires,” according to Tuesday court filings in the price-fixing lawsuit filed in Chicago federal court in 2022. Although it’s always been assumed that such favoritism exists, the filings offer a rare peek at the often secret deliberations of university heads and admissions officials. They show how schools admit otherwise unqualified wealthy children because their parents have connections and could possibly donate large sums down the line, raising questions about fairness. Stuart Schmill, the dean of admissions at the Massachusetts Institute of Technology, wrote in a 2018 email that the university admitted four out of six applicants recommended by then-board chairman Robert Millard, including two who “we would really not have otherwise admitted.” The two others were not admitted because they were “not in the ball park, or the push from him was not as strong.” In the email, Schmill said Millard was careful to play down his influence on admissions decisions, but he said the chair also sent notes on all six students and later met with Schmill to share insight “into who he thought was more of a priority.” The filings are the latest salvo in a lawsuit that claims that 17 of the nation’s most prestigious colleges colluded to reduce the competition for prospective students and drive down the amount of financial aid they would offer, all while giving special preference to the children of wealthy donors. “That illegal collusion resulted in the defendants providing far less aid to students than would have been provided in a free market,” said Robert Gilbert, an attorney for the plaintiffs. Since the lawsuit was filed, 10 of the schools have reached settlements to pay out a total of $284 million, including payments of up to $2,000 to current or former students whose financial aid might have been shortchanged over a period of more than two decades. They are Brown, the University of Chicago, Columbia, Dartmouth, Duke, Emory, Northwestern, Rice, Vanderbilt and Yale. Johns Hopkins is working on a settlement and the six schools still fighting the lawsuit are the California Institute of Technology, Cornell, Georgetown, MIT, Notre Dame and the University of Pennsylvania. MIT called the lawsuit and the claims about admissions favoritism baseless. “MIT has no history of wealth favoritism in its admissions; quite the opposite,” university spokesperson Kimberly Allen said. “After years of discovery in which millions of documents were produced that provide an overwhelming record of independence in our admissions process, plaintiffs could cite just a single instance in which the recommendation of a board member helped sway the decisions for two undergraduate applicants." In a statement, Penn also said the case is meritless that the evidence shows that it doesn't favor students whose families have donated or pledged money to the Ivy League school. “Plaintiffs’ whole case is an attempt to embarrass the University about its purported admission practices on issues totally unrelated to this case," the school said. Notre Dame officials also called the case baseless. “We are confident that every student admitted to Notre Dame is fully qualified and ready to succeed,” a university spokesperson said in a statement. The South Bend, Indiana, school, though, did apparently admit wealthy students with subpar academic backgrounds. According to the new court filings, Don Bishop, who was then associate vice president for enrollment at Notre Dame, bluntly wrote about the “special interest” admits in a 2012 email, saying that year's crop had poorer academic records than the previous year's. The 2012 group included 38 applicants who were given a “very low” academic rating, Bishop wrote. He said those students represented “massive allowances to the power of the family connections and funding history,” adding that “we allowed their high gifting or potential gifting to influence our choices more this year than last year.” The final line of his email: “Sure hope the wealthy next year raise a few more smart kids!” Some of the examples pointed to in this week's court filings showed that just being able to pay full tuition would give students an advantage. During a deposition, a former Vanderbilt admissions director said that in some cases, a student would get an edge on the waitlist if they didn’t need financial aid. The 17 schools were part of a decades-old group that got permission from Congress to come up with a shared approach to awarding financial aid. Such an arrangement might otherwise violate antitrust laws, but Congress allowed it as long as the colleges all had need-blind admissions policies, meaning they wouldn't consider a student’s financial situation when deciding who gets in. The lawsuit argues that many colleges claimed to be need-blind but routinely favored the children of alumni and donors. In doing so, the suit says, the colleges violated the Congressional exemption and tainted the entire organization. The group dissolved in recent years when the provision allowing the collaboration expired. The Associated Press’ education coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org .Rams can take huge step toward NFC West title by avenging 31-point loss to Cardinals

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Heritage Distilling (NASDAQ:CASK) Releases Quarterly Earnings Results

Spurs travel to Premier League champions Manchester City on Saturday reeling from a disappointing home loss to Ipswich before the international break. The club’s problems have multiplied during the past fortnight with midfielder Rodrigo Bentancur handed a seven-match domestic ban on Monday and Cristian Romero (toe) joining a lengthy list of absentees. However, Postecoglou remains bullish about Tottenham’s progress and acutely aware of the scrutiny set to come his way if they stay 10th. “Christmas is a joyous occasion, irrespective, and I think it should be celebrated. If we’re still 10th then people won’t be happy, I won’t be happy, but we might not be 10th,” Postecoglou pointed out before nine games in 30 days. “Certainly for us I think it’s a significant period because you look at those games and we’ve got the league where we’ve got to improve our position and a couple of important European fixtures that can set us up for the back half of the year, also a Carabao Cup quarter-final. “At the end of that period we could be in a decent position for a strong second half of the year, so for us it is an important period. “You know there’s no more international breaks, so the full focus is here. You can build some momentum through that, or if things don’t go well you could get yourself into a bit of a grind. Ready for #MCITOT 👊 Go behind the scenes of training ahead of our trip to Manchester 🎥⤵️ pic.twitter.com/4jFZTCIwSz — Tottenham Hotspur (@SpursOfficial) November 22, 2024 “Of course if we had beaten Ipswich, we’d be third and I reckon this press conference would be much different wouldn’t it? “I’m not going to let my life be dictated by one result, I’m sorry. I take a wider perspective on these things because I know how fickle it can be, but we need to address our position for sure. “And if we’re 10th at Christmas, yeah it won’t be great. There’d be a lot of scrutiny and probably a lot of scrutiny around me, which is fair enough, but that’s not where I plan for us to be.” Tottenham’s immediate efforts to move up the table will require them ending City’s two-year unbeaten home run in the Premier League. The champions have lost their last four matches in all competitions, but have some key personnel back for Saturday’s clash and will aim to toast Pep Guardiola’s new contract with a victory. Postecoglou was pleased to see Guardiola commit to a further two seasons in England, adding: “I love the fact that there’s a massive target out there that can seem insurmountable. “I look at it the other way. I go, ‘imagine if you knock him off, that’d be something’. “I’m at the stage of my life where I’d rather have the chance of knocking him off than missing that opportunity. “When greatness is around, you want to be around it. And hopefully it challenges you to be like that as well.” Saturday’s fixture will be Postecoglou’s 50th league game in charge of Spurs and he knows what is required to bring up three figures. A post shared by Premier League (@premierleague) “No European football, significant player turnover, change of playing style. Where did I think we’d be after 50 games? God knows. “It could have been a whole lot worse, but when you look at it in the current prism of we’re 10th, you’re going ‘it doesn’t look good’ and I understand that and we have to improve that. “But over the 50 games, I think there’s enough there that shows we are progressing as a team and we are developing into the team we want. “The key is the next 50 games, if they can be in totality better than the first 50? First, that means I’m here but second, I think we’ll be in a good space.”

BALTIMORE — One of Baltimore’s most prominent families was thrust into the spotlight this week, when a son of the clan, Luigi Mangione, was arrested by Pennsylvania police and charged in the Dec. 4 fatal shooting of UnitedHealthcare CEO Brian Thompson. Locally active in philanthropy, both via individual donations and through the Mangione Family Foundation, the Mangiones gave millions to Baltimore’s various institutions and nonprofits, including more than $1 million to the Greater Baltimore Medical Center and more to the American Citizens for Italian Matters, Baltimore Opera Company and others. Loyola University, which counts Mangione alumni among their ranks, has an aquatic center named after the family, and GBMC previously had a high-risk obstetrics unit, since closed, that bore their name. Their story is a uniquely American one: The Mangiones went from deep poverty to massive wealth in just three generations, with one cousin, Nino Mangione, now a Republican member of the Maryland House of Delegates. Despite an eventually deep portfolio of development properties and government contracting for 20 years, the family patriarch, Nicholas Mangione Sr. , said he still faced prejudice for his background when he attempted to buy land to build the Turf Valley Golf and Country Club, now the Turf Valley Resort, in Ellicott City. “Tongues started wagging,” Mangione told The Baltimore Sun in 1995. “People (were) wondering where an unknown Italian could get the money for a $5 million project. In those days, there were no Italians in real visible positions (in Howard County).” Mangione said the implication was that he must have backing from the mob, so he countered sharply. “People thought I needed money from the Mafia to buy this place. They asked me what family I belonged to,” he said. “I told them, ‘I belong to the Mangione family. The Mangione family of Baltimore County.’” The family is now defending its name again. On Monday, members released a statement on social media expressing dismay at Luigi Mangione’s arrest, saying they were stunned by the news. “We only know what we have read in the media. Our family is shocked and devastated by Luigi’s arrest. We offer our prayers to the family of Brian Thompson and we ask people to pray for all involved,” the family wrote . “We are devastated by this news.” The family did not respond to a request for comment via a family attorney or their foundation. From poverty to philanthropic elite How they went from the Depression-era streets of the city’s Little Italy to its philanthropic elite is straight out of a Horatio Alger novel. Nicholas Sr. was born in Baltimore’s Little Italy, and spent his first eight years in a one-room apartment with an outdoor privy, according to a 2008 Sun article. He earlier told The Sun his Italian immigrant father, Louis, could neither read nor write, and worked in the city water department until he died of pneumonia. Today, the Mangione family is a sprawling one, with a business empire to match: Nicholas Sr., made the beginning of the family’s fortunes in the post-World War II years as a bricklayer and contractor . He built up his business holdings throughout the following decades, with his wife, Mary , growing their family to include five sons, five daughters, and 37 grandchildren, including Luigi. The family’s holdings range from construction to commercial real estate to local radio station WCBM-AM and a majority stake in Lorien Health Services, which operates multiple assisted living facilities in Maryland. Aside from the Turf Valley Resort, with its 10,000-square-foot ballroom, 220-room hotel, and 85-seat amphitheater, the Mangiones also own the Hayfields Country Club in Cockeysville and a slew of companies registered in Maryland . Its family foundation had net assets of $4.4M as of its 2022 tax filing , the most recent on record. The Mangione Family Foundation’s stated focus is supporting, “Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn’t provide athletic facilities or equipment), or the prevention of cruelty to children or animals.” Politically active across the aisle Politically, the Mangiones have been active across the aisle. Luigi Mangione’s parents, Louis and Kathleen Mangione donated $35,935 to state and local politicians from 2005 through 2023, according to data from the State Board of Elections. Half went to Nino Mangione ’s campaign account for his state delegate races from 2018 through 2023. Other donations went to Howard County executives Calvin Ball and Ken Ulman, both Democrats, and Allan Kittleman, a Republican, along with additional high-profile candidates of both parties, including former Govs. Martin O’Malley and Robert L. Ehrlich, and former Baltimore Mayor Sheila Dixon. Large family The immense number of Mangiones also was briefly confusing for Baltimoreans on Monday. Aside from Nicholas Sr. and Mary Mangione’s 10 children and 37 grandchildren, city counts at least two other Mangione families, who were briefly inundated with phone calls from the media and queries from former schoolmates and acquaintances. One of Luigi Mangione’s two sisters is a physician at the University of Texas Southwestern, according to her LinkedIn profile. Another sister is a visual artist. Neither sister responded to requests for comment. His mother, Kathleen, comes from a family that owns a funeral home, the Charles S. Zannino Funeral Home in Highlandtown, the Baltimore Fishbowl reported , and now runs a travel agency, KZM Boutique Travel, which had removed its website as of Tuesday evening. His father, Louis was groomed to help take over the family’s business empire, according to a 2003 Washington Post article . ©2024 Baltimore Sun. Visit baltimoresun.com . Distributed by Tribune Content Agency, LLC.