As the holiday spirit ushers in another year, it’s time for media executives to peer into the crystal ball and predict the dynamics of the entertainment landscape in 2025. While anonymity lends these predictions a refreshing candidness, they also serve as a reflection of an industry undergoing significant transformation. Beyond mere speculation, these forecasts encapsulate
Business
As the holiday season approaches, concerns grow over a potential government shutdown that could disrupt travel plans for millions of Americans. The failure of lawmakers to reach an agreement culminated in the rejection of a short-term funding bill supported by President-elect Donald Trump. If a resolution is not reached by 12:01 a.m. ET this Saturday,
In an unprecedented move that has sent shockwaves across the retail landscape, Party City announced the immediate closure of all its stores, prompting company-wide layoffs. The announcement, made by CEO Barry Litwin during a corporate meeting, has left employees grappling with the abrupt end of their jobs, as Friday was declared the final working day
The business landscape in 2023 has seen an unprecedented wave of chief executive officer (CEO) changes across major U.S. public companies. With 327 CEO transitions reported by the outplacement firm Challenger, Gray & Christmas, this year marks the highest CEO turnover since the firm began tracking this data in 2010. This surge, reflecting an increase
In recent years, the financial dynamics of college athletics have transformed dramatically, with major programs raking in billions of dollars annually. The increasing interest of private investors highlights a critical question: what truly is the worth of a college sports program? This inquiry has garnered significant attention from various stakeholders, particularly as private equity firms
As we look ahead to 2025, projections suggest a remarkable resurgence in U.S. vehicle sales, marking the highest levels since pre-pandemic times in 2019. Industry analysts anticipate new light-duty vehicle sales reaching approximately 16.3 million units, a modest increase from the 15.9 million to 16 million range expected in the current year. Reports from Cox
In a significant move signaling rising tensions, Starbucks Workers United announced that an overwhelming 98% of union baristas voted to authorize a strike in a quest for a fair contract with the coffee powerhouse. This development underscores a pivotal moment in labor relations as negotiations gear up for what stakeholders hope will be a “foundational
In an impressive development for women’s professional basketball, Unrivaled recently announced the successful completion of its Series A funding, securing an additional $28 million prior to its inaugural season set to kick off on January 17, 2024. This significant influx of capital builds on the $7 million already raised in the initial seed round announced
The airline industry is seeing a notable shift in passenger behavior as travel patterns evolve following the pandemic. Accessibility and affordability once dictated air travel choices, but now, many travelers are opting for premium experiences over cheap seats. With a growing appetite for comfort and space, people are increasingly willing to pay extra for airline
The recent passing of Brian Thompson, CEO of UnitedHealthcare, marks a significant moment for the healthcare industry, drawing attention to both personal loss and systemic failures. UnitedHealth Group’s CEO, Andrew Witty, expressed his sorrow in a poignant New York Times opinion piece, shedding light on the inherent issues plaguing the U.S. healthcare system. Witty emphasized