Below is a summary of the entertainment news briefs.
Top auction houses cancel Russian art sales in London
Auction houses Christie’s, Sotheby’s and Bonhams canceled sales of Russian art in London in June, part of the art market’s response to Western sanctions on Russia as punishment for its invasion of Ukraine. Auction houses hold sales of Russian art in June and November in a period known as “Russian Art Week”, attracting wealthy Russian buyers.
Jussie Smollett will be released from prison as he appeals his conviction
An Illinois appeals court on Wednesday ordered actor Jussie Smollett released from prison as the former ‘Empire’ TV star is appealing his conviction for staging a hate crime against him -same. The 2-1 ruling by a three-judge panel noted Smollett’s conviction was for a nonviolent offense and said he could be released after posting $150,000 bond. It was unclear when Smollett might be released.
Jared Leto and Anne Hathaway tell the story of WeWork’s descent
The rise and fall of office-sharing company WeWork has been turned into a TV series with Oscar winners Anne Hathaway and Jared Leto at the helm. “WeCrashed,” an eight-part limited series about founders Rebekah and Adam Neumann, will begin streaming on Apple TV+ on Friday. The show details the couple’s love story, successes and mistakes.
Amazon wins EU antitrust green light for $8.5 billion MGM deal
Amazon on Tuesday won unconditional EU antitrust approval for its proposed $8.5 billion acquisition of U.S. movie studio MGM to help it compete with streaming rivals Netflix and Disney+. The European Commission said the deal would not pose competition concerns in Europe, confirming a Reuters report on March 9.
US implements new rules requiring broadcasters to identify foreign government material
The U.S. Federal Communications Commission (FCC) said on Tuesday that new requirements for broadcasters to disclose when foreign governments or their representatives’ lease time on their airwaves take effect today. The FCC unanimously adopted the new rules in April 2021. The commission said the new rules are effective immediately for new leases and must be implemented within approximately six months for agreements. existing.
Cinema operator AMC invests in struggling miner Hycroft
Cinema chain AMC Entertainment Holdings Inc announced on Tuesday that it had agreed to buy a large stake in Hycroft Mining Holding Corp for $27.9 million, capitalizing on its popularity with retail investors to provide a lifeline financial support to the ailing gold and silver miner. Hycroft, which owns a mine in northern Nevada, was on the verge of bankruptcy before AMC’s investment. Now he plans to raise up to $500 million by selling shares on the open market over time, Hycroft said Tuesday. Such a large capital increase is generally not accessible to a small business in financial difficulty.
Eurovision favorites, Ukraine’s Kalush Orchestra joins the war effort
Topping the Eurovision charts is a dream for many international music artists, but for Ukraine’s Kalush Orchestra, the glitz of the song contest still seems a long way off. Operating from western Ukraine, singer Oleh Psiuk left the stage to lead a group of 20 volunteers, providing medicine and helping people flee war. One of his band members serves in the home defense unit.
Blue Origin will send ‘SNL’ star Pete Davidson into space next week
‘Saturday Night Live’ comic Pete Davidson has been confirmed as the next celebrity vying for a trip to the far reaches of space courtesy of Jeff Bezos’ Blue Origin Astro-tourism company, with his planned suborbital flight for the next week. The 28-year-old comedian and boyfriend of reality TV star and socialite Kim Kardashian was announced Monday by Blue Origin as a ‘guest of honour’ joining five paying customers for the company’s fourth commercial flight since the summer latest.
(With agency contributions.)