- Watch: Matt Damon says this 2009 decision may have cost him $250M CNN
- “Each shot looks like a piece of art”: Matt Damon Compares George Clooney With Oscar Winning ‘Ocean’s Eleven’ Director Despite Actor’s Tepid Success in Filmmaking FandomWire
- “He’s got too much free time”: Matt Damon Refused To Engage in ‘Prank Battle’ With George Clooney, Said He Had More Responsibilities Than $500 Rich Million Star FandomWire
- “He spent two years on it and it does sting”: Matt Damon Defended George Clooney’s Controversial Movie, Slammed Critics’ Alleged ‘Personal Attack’ Against Him FandomWire
Tag Archives: 250m
‘Mission: Impossible – Dead Reckoning Part One’ To Ignite Franchise Record With $250M+ Global Opening- Box Office Preview – Deadline
- ‘Mission: Impossible – Dead Reckoning Part One’ To Ignite Franchise Record With $250M+ Global Opening- Box Office Preview Deadline
- Mission: Impossible – Dead Reckoning Part One | Final Trailer (2023 Movie) – Tom Cruise Paramount Pictures
- Mission Impossible – Dead Reckoning Part One Movie Review: Tom Cruise Fights AI in This Breathtaking and LatestLY
- Review: ‘Mission: Impossible – Dead Reckoning Part 1’ has Tom Cruise fly, jump & go crazy – better than ever India Forums
- Movie Review: Take the leap with Tom Cruise in ‘Mission: Impossible — Dead Reckoning, Part One’ AOL
- View Full Coverage on Google News
Sam Bankman-Fried found ‘chilling’ in JFK airport lounge on $250M bail bond
The momentary arrest of former FTX CEO Sam Bankman-Fried (SBF) can be attributed to the efforts taken by the crypto community to aid investigations and track down the whereabouts of the infamous entrepreneur. While SBF eventually escaped prison time via a $250 million bail bond, the community continues to monitor his every move publicly.
Just three days after being released on a personal recognizance bond, a crypto community member allegedly spotted SBF “chilling” in a John F. Kennedy International Airport lounge. The supporting images were shared on Twitter by @litcapital, which shows SBF sitting on a lounge chair with access to a laptop and mobile phone.
Based on the pictures, other community members confirmed that SBF’s location was the Greenwich (Business Class) lounge in American Airlines’ Terminal 8. According to the primary source, SBF was accompanied by his parents, FBI agents and lawyers.
One of my followers spotted SBF chilling at JFK airport last night and snapped some icon photos pic.twitter.com/0Lg6OdqZz8
— litquidity (@litcapital) December 23, 2022
Subsequent images showed SBF on an American Airlines flight disguised with a beanie and seated next to a suited executive.
bro turned into gary vee pic.twitter.com/YdX49YaXMm
— frederik.eth (@bganpunk) December 23, 2022
The images reignited discussions around how SBF told Maxine Waters, chair of the United States House Financial Services Committee, that he had no access to his personal or professional data despite having access to his laptop and mobile device.
Moreover, some also wondered how SBF was able to afford the business-class tickets amid FTX’s bankruptcy proceedings. “Great to see customer funds are still being put to good use!” said a community member.
Related: Judge pulls out of SBF-FTX case citing husband’s law firm’s advisory link
A recent court filing revealed that defunct crypto exchange FTX paid a retainer of $12 million to Sullivan & Cromwell LLP (S&C) right before filing for Chapter 11 bankruptcy.
Since Aug. 26, 2022, FTX made payments worth nearly $3.5 million to S&C to avail their legal services.
Mother of George Floyd’s daughter files $250M lawsuit against Kanye West for comments on his death
HOUSTON – The mother of George Floyd’s daughter has filed a $250 million lawsuit against rapper Kanye West following his recent comments on Floyd’s death.
In a news release from Witherspoon Law Group and Dixon & Dixon Attorneys at Law, Floyd’s family issued a cease-and-desist letter to West, also known as Ye’, for his comments about the 2020 death of the man at the hands of Minneapolis police that sparked a worldwide movement against police brutality.
In West’s recent appearance on the Drink Champs podcast, West made controversial statements about Floyd’s death, saying he died as a result of fentanyl use.
Hennepin County Chief Medical Examiner Dr. Andrew Baker said during his testimony that while Floyd’s heart disease and use of fentanyl were contributing factors to his death, they were not the direct cause.
Dr. Vik Bebarta, an emergency physician, toxicologist, and professor at the University of Colorado in Denver, said Floyd died because of how Officer Derek Chauvin pressed his knee down on Floyd’s neck for 9 1/2 minutes as he told officers, “I can’t breathe.” He also backed up other experts who have faulted officers for failing to roll Floyd on his side, as they had reportedly been trained, so that he could breathe.
See more coverage on the death of George Floyd
In a news release that discusses the lawsuit filed by Roxie Washington, the mother of Gianna Floyd, lawyers said West made “false statements about George Floyd’s death to promote his brands, and increase marketing value and revenue for himself, his business partners, and associates.”
The release also says that West stated “malicious falsehoods” about Floyd in order to profit from his death and the family’s trauma.
The full interview has since been removed from the Drink Champs YouTube and Revolt TV, but clips of the comments have continued to circulate on the internet and social media.
“The interests of the child are priority,” Attorney Nuru Witherspoon, partner at The Witherspoon Law Group, said. “George Floyd’s daughter is being traumatized by Kanye West’s comments and he’s creating an unsafe and unhealthy environment for her.”
The rapper was locked out of his Twitter account and restricted on Instagram amid backlash over antisemitic posts.
Copyright 2022 by KPRC Click2Houston – All rights reserved.
Frontier offers $250M reverse breakup fee if Spirit merger is blocked
A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida.
Joe Raedle | Getty Images
Frontier Airlines’ parent company on Thursday said it would pay a $250 million reverse breakup fee to Spirit Airlines if regulators don’t approve the planned combination of the two discount carriers for antitrust reasons, an effort aimed at convincing investors to approve the deal next week as rival JetBlue Airways tries to buy Spirit outright.
“The combination of a higher reverse termination fee and a much greater likelihood to close in a Frontier merger provides substantially more regulatory protection for Spirit stockholders than the transaction proposed by JetBlue,” Mac Gardner, Spirit’s chairman said in a news release.
New York-based JetBlue offered $33 a share, or $3.6 billion cash for Spirit, in April, above the $2.9 billion cash-and-stock deal that Spirit and Frontier announced in February.
Spirit’s board rejected JetBlue’s advances, and JetBlue last month made a tender offer of $30 a share and has urged Spirit shareholders to vote against the deal.
Spirit said a deal with JetBlue wouldn’t likely be approved by regulators. JetBlue’s offer includes a $200 million reverse breakup fee if regulators don’t approve the acquisition.
On Tuesday, proxy advisory firm Institutional Shareholder Services advised Spirit shareholders to vote against the Frontier deal, raising concerns about the lack of a reverse termination fee.
Spirit’s shareholder meeting is set for June 10.
David Bowie: publishing rights to song catalogue sold for $250m | David Bowie
The publishing rights to David Bowie’s huge and peerless catalogue of songs have been sold by his estate to Warner Chappell Music (WCM), the publishing arm of Warner Music Group, in a deal worth at least $250m (£185m) according to anonymous sources speaking to Variety.
Guy Moot, chief executive of WCM, said: “These are not only extraordinary songs, but milestones that have changed the course of modern music for ever … We are looking forward to tending his unparalleled body of songs with passion and care as we strive to build on the legacy of this most extraordinary human being.”
The deal means that Warner now owns the rights to Bowie’s songwriting itself, as well as to almost all the recordings of it. In September 2021, the company completed a deal to acquire Bowie’s recordings from 2000 until his death in 2016, adding to the recordings it already owned from 1968 to 1999.
Just a small cache of recorded music made prior to Bowie’s late-60s breakthrough is now not owned by Warner Music. The company has been lavishly repackaging Bowie’s back catalogue in a series of box sets in recent years.
The deal is the latest in a series of major acquisitions by various companies of the catalogues of pop artists, with Bruce Springsteen, Bob Dylan, Neil Young and various members of Fleetwood Mac selling the rights for their songs for large cash sums.
These deals allow the publishing companies to accrue income from royalties, as well as when music is licensed for use in films, TV and advertising.
Terms of the Bowie deal have not been disclosed but the Bowie estate has historically closely controlled the use of his work. The 2020 biopic Stardust, about the birth of Bowie’s Ziggy Stardust persona, was forbidden by the estate from using Bowie’s music.
WCM co-chair Carianne Marshall said: “We were pleased that the estate felt that Warner Chappell has the knowledge, experience, and resources to take the reins and continue to promote a collection of this stature. All of our global leaders and departments are incredibly excited and primed to get to work with these brilliant songs across multiple avenues and platforms.”
Another film that does already have the blessing of the estate is a forthcoming untitled documentary by film-maker Brett Morgen, who is using thousands of hours of rare and unseen live performance footage as its basis.