By Miguel Mike Medina Photo Credit: (AFP PHOTO/ Nicholas ROBERTSNICHOLAS ROBERTS/AFP/Getty Images) Ralph Lauren is one of the wealthiest self-made men in the United States. He’s an iconic person in the fashion industry. His success speaks for itself. Lauren is an intense businessman and felt that his work didn’t get enough recognition that it deserved….
By Miguel Mike Medina Photo Credit: Charlotte De La Fuente/Bloomberg There has been a lot of developing news in the business world lately. One of them concerns Walt Disney Studios posting staggering numbers in 2025. Walt Disney Studios officially becomes the first studio to cross over $6 billion worldwide in 2025. Warner Bros Discovery is…
By Miguel Mike Medina Photo Credit: ANNA MONEYMAKER/GETTY IMAGES Billionaire Larry Ellison has joined the fiasco between Paramount Skydance and Warner Bros Discovery. Ellison is the owner of Oracle. He will finance 40.4 billion of the equity and any claims against Paramount. Paramount wants to buy the entire Warner Bros. Discovery. Earlier this month, Warner…
By Miguel Mike Medina Photo Credit: Kurt Krieger/Corbis via Getty; CFOTO/Future Publishing via Getty A new era is coming in a few years. The Oscars are heading to YouTube beginning in 2029. It is one of the most surprising business stories of the week. A news no one saw coming. ABC will have the rights…
By Miguel Mike Medina Photo Credit: Screen Daily The bid is one. The competition among streaming services is fierce. Paramount makes hostile bid for Warner Bros Discovery. The public offer is $30 a share in cash, topping Netflix’s $27.75 in cash and stock. The transaction includes the entire Warner Bros. Discovery. Paramount Skydance CEO David…
By Miguel Mike Medina Coca-Cola is having a sensational moment with its results. The giant soda company exceeded Wall Street expectations with its third-quarter results. Coca-Cola continues to reign with impressive annual sales and profit targets. The company’s share price increased by three percent on Tuesday. Adjusted earnings per share: 82 cents adjusted versus 78…
By Miguel Mike Medina Photo Credit: Josie Headley Warner Bros Discovery is saying “no way, Jose” to Paramount. The latest news is that Paramount’s initial bid for the home of HBO and Warner Bros. Discovery was denied. David Ellisson, the CEO of Paramount, has expressed his desire and passion for Warner Bros. Discovery and has…
By Miguel Mike Medina Photo Credit: REUTERS/Dado Ruvic/Illustration/File Photo Electronic Arts will go private in a $55 billion all-cash buyout led by Saudi Arabia’s Public Investment Fund, Silver Lake, and Jared Kushner’s Affinity Partners. It is the largest leveraged buyout on record. EA has been one of Silicon Valley’s longest running gaming companies. What EA…
By Miguel Mike Medina Photo: The Daily Tar Heel North Carolina Tar Heels veteran guard Seth Trimble has many things to look forward to this season. He’s stepping up as a vocal leader and is excited to play with his new teammates. Trimble will go down as a Tar Heel legend. The university means everything…
By Miguel Mike Medina Photo Credit: ROD LAMKEY/CNP/ZUMA PRESS; (R) CHONA KASINGER/BLOOMBERG NEWS Oracle is promoting executives Clay Magouyrk and Mike Sicilia to the joint role of Chief Executive Officer, succeeding Safra Catz, who has led the company since 2014. It’s been an interesting couple of months at Oracle. Clay and Mike were promoted to…
