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AT&T, AMC Entertainment, UPS and more

CFO News Room

AMC Entertainment (AMC) – The movie theater operator’s stock rallied 4.7% AT&T also said it would pay an annual dividend of $1.11 per share after the deal is complete, compared to the current $2.08. AT&T fell 3.5% in the premarket. in the premarket after announcing better than expected preliminary results for the fourth quarter.

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The Future Of Entertainment? Try Professional Gaming

PYMNTS

“It is the juxtaposition of social networking and entertainment and sports all combined,” said Glen Calvert , chief operating officer of Fnatic , a London-based eSports outfit that hires professional gamers, runs tournaments and sells branded gaming apparel and gear. It's not just a video game. Originally, it was like, ‘What is this?

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Private Equity Firms Look For Investments Among Hard-Hit Travel, Energy And Entertainment Sectors

PYMNTS

Despite the massive upheavals in the world economy and droves of people laid off, private equity companies are looking to swoop in and invest in companies for low prices, according to a CNBC report. Now, though, the widespread closures and quarantine measures have created a fertile ground for private equity.

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Square Names Blizzard Entertainment Executive As Next CFO

PYMNTS

Square , Jack Dorsey’s digital payments company, announced Thursday (January 3) that it named Blizzard Entertainment chief financial officer Amrita Ahuja as its new CFO. Amrita brings the ability to consider and balance opportunities across our entire business, and she will help strengthen our discipline as we invest, build, and scale.

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Can Sports And Entertainment Really Spark Mall Revivals?

PYMNTS

That’s the thought one gets when reading news via Bloomberg , which reported “when shoppers visit the long-awaited American Dream mega-mall in New Jersey this spring, they can expect to see it crammed with stores, restaurants and entertainment activities.”. Vacancy Rates.

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Alibaba Tracker: Entertainment Value

PYMNTS

Alibaba has, for the most part, continued to uphold Jack Ma’s assertion that 2017 would be a year of investments and partnerships over acquisitions. Alibaba first invested in Damai back in 2014; now, Damai’s ticketing platform will reportedly form a strategic part of the entertainment value chain. billion back in 2015.

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Alibaba Grows Entertainment Value With Damai Acquisition

PYMNTS

Alibaba first invested in Damai back in 2014. Ali announces its acquisition of Damai, part of our big entertainment strategy,” the firm said on its Sina Weibo platform. Damai’s ticketing platform will reportedly form a strategic part of the value chain in Alibaba’s push to grow its media and entertainment business.