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Kevin Spacey to appear in UK court, charged with multiple sexual offences

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Two-Time Oscar-winning actor Kevin Spacey will appear in a UK court later this week, charged with multiple sexual offences

Spacey was initially questioned by British police in 20-19 over claims he had assaulted several men, with the former “House of Cards” star running London’s Old Vic theatre between 2004 and 2015.

The nation’s Crown Prosecution Service officially authorised charges against Spacey last month.

Kevin Spacey faces five charges in total.

According to the Crown Prosecution Service, these include:

o   Two counts of sexual assault in London in 2005 against one man

o   One count of sexual assault in London in 2008 against second man

o   And one count of sexual assault in 2013 against a third man in Gloucestershire

o   He also faces one count of causing a person to engage in penetrative sexual activity without consent in London in 2008 – and that’s against the second man.

The police have also said that the two of the men are aged in their 30s now.

The other is aged in his 40s.

Police confirmed that he is in the country and have formally charged him.

The charges follow a review of evidence gathered by the Metropolitan Police.

Some weeks ago – Spacey had said he would voluntarily return to the UK to face these charges.

Metropolitan police have confirmed he is now in the country.

Now that police have confirmed he is in the country and have forally charged him, what happens now?

In a statement to Good Morning America in May, Spacey says that he was disappointed that this is going ahead, he was confident he would prove his innocence.

He also reminded people in that GMA statement that he was innocent until proven otherwise

Kevin Spacey is due to appear in Westminster Magistrate’s Court at 10am on Thursday local time.

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Streaming service shift and the award season snubs

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Netflix Introduces Changes to Subscription Model, Academy Award Nominations Spark Cinematic Buzz, and the Doomsday Clock Continues its Ominous Ticking.

Netflix is set to discontinue its ad-free Basic subscription in select countries, commencing with Canada and the UK in Q2 2024.

This strategic shift introduces a significant price increase for the baseline entry, signalling potential adjustments to Netflix’s global pricing structure.

Simultaneously, the 96th edition of the Academy Award nominations has stirred cinematic debates, with the prevailing question being whether the upcoming season will be dominated by “Barbie” or “Oppenheimer.” These contrasting narratives set the stage for a fierce competition, highlighting the diverse and compelling offerings in this year’s film industry.

Beyond the realm of entertainment, the Doomsday Clock, a symbolic representation of the likelihood of a human-made global catastrophe, continues its ominous countdown.

Maintained since 1947 by the Bulletin of the Atomic Scientists, the clock serves as a metaphor for threats arising from unchecked scientific and technological advances. As global tensions, environmental challenges, and technological risks persist, the ticking of the Doomsday Clock serves as a poignant reminder of the urgent need to address multifaceted threats to humanity.

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Adidas faces potential $320M Yeezy shoe write-off post-Kanye split

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Adidas is contemplating a significant financial blow as it considers writing off $320 million worth of Yeezy shoes following its separation from music and fashion icon Kanye West.

The sportswear giant’s decision to sever ties with West’s Yeezy brand has left a mountain of unsold merchandise, threatening to dent the company’s balance sheet.

The partnership between Adidas and Kanye West, which began in 2013, had been immensely successful, with Yeezy shoes becoming a highly sought-after fashion statement.

However, recent controversies and disagreements between West and Adidas prompted the sportswear company to distance itself from the celebrity designer.

The massive inventory of Yeezy shoes now presents a dilemma for Adidas, as it grapples with finding a solution to deal with the surplus stock. A $320 million write-off could significantly impact the company’s financial performance in the short term.

Adidas is currently exploring various options, including discounting, donating, or repurposing the unsold inventory to mitigate the financial hit.

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Warner Bros discovery warns of Hollywood’s ‘real risk’ post-strikes’

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Warner Bros Discovery, has issued a stark warning regarding the ‘real risk’ that Hollywood faces in the aftermath of the recent strikes that have taken a considerable toll on the industry’s financial health.

The strikes, which disrupted film and television production for several weeks, resulted in substantial financial losses for studios, production companies, and countless industry professionals.

Warner Bros Discovery emphasised the necessity for a resilient and adaptable approach to navigate the ongoing challenges and uncertainties facing the film and television sector.

The conglomerate stressed the importance of implementing measures to mitigate such risks in the future, which include fostering better labour relations and contingency planning to safeguard against potential disruptions.

The message underlined the need for the industry to adapt to the evolving landscape of content creation and distribution, particularly in the digital era.

This warning from Warner Bros Discovery highlights the need for the entertainment industry to recognise the ever-changing dynamics and economic challenges, and the importance of preparedness to maintain its prominent position in the global market.

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