Connect with us

Entertainment

Amazon Completes Hollywood Studio, MGM Acquisition

Published

on

Amazon Completes Hollywood Studio, MGM Acquisition

Author: Gift Wada, Abuja

Amazon has closed its acquisition of MGM, officially bringing the film and TV studio into its fold.

Amazon announced that it has acquired Hollywood movie and television studio Metro Goldwyn Mayer, MGM for $8.5 million. The purchase happened after Amazon certified to the Federal Trade Commission that it had provided all the information requested by the “antitrust investigators” reviewing the deal.
MGM is the studio responsible for hit movies such as Rocky and James Bond but hasn’t won a Grammy for best picture since 1991.
According to Reuters, Amazon made a statement saying that it would welcome all MGM employees to the company and work with the studio’s leadership, indicating there would not be layoffs.
Forbes Magazine reports that MGM shareholders have lobbied Amazon to treat MGM like a stand-alone label under the Amazon umbrella as MGM film division since last year has been making moves to improve their moribund movie studio by buying the rights of movies from high profile movie makers.

YOU CAN FOLLOW US ON FACEBOOK
On its plans for MGM, Amazon has said very little, only stating that they purchased the company because of its library, and also in order to be able to remake its old titles as TV shows and movies.
This purchase by Amazon means that Amazon would be investing more into the movie production industry and into Hollywood and regardless of what strategies the company employs, this is a decision that would greatly affect the valuation of Amazon.
It already owns Amazon studios, which is arguably the biggest movie streaming site after Netflix and a studio purchase means that we would see more of Amazon in Hollywood productions.

Read Also: Nigerians to Pay 7.5% Vat on Facebook ADs from January 1, 2022

Continue Reading
Advertisement

ADVERTISEMENT

ADVERTISEMENT

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Customs Corner

COWA Celebrates 2024 International Women’s Day, Fosters Growth in Productivity

Published

on

Author: Iruoghene Abra.

The National President of the Customs Officers’ Wives Association (COWA) and wife of the Comptroller General of the Nigeria Customs Service, Mrs. Kikelomo Adeniyi, has continually encouraged the productiveness of its members to attain their full potential.

Marking the 2024 International Women’s Day (IWD) on Friday, March 8, 2024, at the COWA Secretariat, the National President of COWA emphasized the importance of the IWD theme, ‘Inspire Inclusion.’ She urged women to celebrate diversity.

Mrs. Kikelomo Adeniyi stressed that women must overcome obstacles and stereotypes to achieve gender equality. She said they must also foster an environment that supports women’s growth and respects and values their contributions.

While speaking, the National President noted that COWA will keep pursuing the economic inclusion and empowerment of her members. Reminiscing COWA’s relaunch on February 15, 2024, the President announced a plan to train and empower 1,200 women to enable them to contribute meaningfully to their family’s economy and society.

According to the National President of COWA, “I am happy to note that in the Nigeria Customs Service, obstacles facing female officers have been eliminated daily. Women are given the opportunity to contribute meaningfully to national development”.

She further said, “It is particularly gratifying to note that today, we have quite a number of senior female officers in the management team. Some serving as Customs Area Controllers, Zonal Coordinators, and other strategic Units of the service.
I believe that someday, in the not-too-distant future, we will all be alive to see the emergence of a female comptroller General of Customs. I strongly believe that investing in women is good for families, communities, and the national economy. It is a powerful means to inclusion”.

Mrs Adeniyi revealed the COWA Skills Acquisition Center in Karu is currently under construction, where members will receive constant training and retraining. She urged members to be at the forefront of making the desired change.

The CEO of Madame Merola Global Enterprises, Madame Merola, implored the women to know their purpose as it is crucial to modern society. She said if women must be included in the places of authority, they must come out and show their abilities.

She highlighted the vitalities of the four Ps to include Purpose, Persona, Perception and People. She encouraged women to grow, evolve and be a better version of themselves. She advised them to communicate with others, stating that there are attributes they possess that others need and until they speak to others, they might not be recognized.

Continue Reading

Customs Corner

Customs TCIP, COWA, Celebrates End of Year with Children, Stakeholders

Published

on

Author: Lucy Nyambi.

The Nigeria Customs Service, Tincan Island Port Command and its Customs Officers Wives Association (COWA) TinCan Island Chapter have organized an end-of-the-year party for children and its Stakeholders.

The party, which was held at the Command on Tuesday, 19 December 2023, had in attendance the National President of COWA, Mrs Kikelomo Adeniyi, represented by Chairperson of COWA, Onne Port Command, Hajiya Yakaka Imam, Chairperson of COWA TCIP, Mrs Chinelo Dera Nnadi, the Customs Area Controller, Comptroller Dera Nnadi, as well as Senior Officers and Stakeholders within the Port corridor.

Speaking at the gathering, the Chairperson of the TCIP COWA Chapter, Mrs. Chinelo Dera Nnadi, stated that the celebration is in line with the directive from the National President, who directed all the Chairpersons of every Command to celebrate children this Christmas, “as you may know, Christmas is the season of love, to share gifts and then to celebrate with the children and everybody.”

Seeing that the children are happy, I’m so happy. And I thank our National President for bringing up this idea. I pray that these children will grow in good health and be bigger than us. I pray that they will not derail, they will grow to be successful and I wish them the best”. She added.

In his address, the Customs Area Controller, Dera Nnadi, stressed that the celebration is part of the activities of the Work-life Balance initiated by the Comptroller General of Customs, Bashir Adewale Adeniyi MFR.

“We are celebrating our stakeholders because you are the reason we come to work at Tincan Command, but most importantly, we are celebrating our children because when we are here every day, we leave these children behind. We rarely find time to share moments with them, so we decided to devote today to celebrating our children.” Compt. Nnadi said.

The children were engaged in different activities, including dancing, games and sharing of gifts in the spirit of the Season.

Continue Reading

Entertainment

Veteran Highlife Musician Orlando Julius Dies Aged 79

Published

on

Veteran Highlife Musician Orlando Julius Dies Aged 79

Author: Peace Salifu

Highlife musician Orlando Julius has died aged 79.

Julius’ death was announced in the early hours of Friday by his wife, Latoya Ekemode. She said that Julius passed out in his sleep on Thursday night.

YOU CAN FOLLOW US ON FACEBOOK

Julius, was a renowed saxophonist, singer, bandleader, and songwriter closely associated with Afrobeat music.

he began music with his first single Igbehin Adara recorded with the Nigerian Broadcasting Corporation in 1960.

Some of his musical albums are Disco Hi-Life, Ololufe, Love, Peace and Happiness; Dance Afrobeat and more.

Read Also:

Buhari Calls for Sustainable Dialogue to Achieve Peace in Plateau

Gov. Lalong Condemns Killing of Travellers in Plateau

 

Continue Reading

Trending