News

NBC CEO Jeff Shell steps down

Published

1 year ago

April 24, 2023

ticker NEWS

Shell is leaving after acknowledging an inappropriate relationship with an employee

NBC Universal will undergo a major shakeup as the CEO stands down.

Chief Executive Jeff Shell is leaving after acknowledging he has engaged in an inappropriate relationship with a fellow employee.

Parent company Comcast confirmed the decision.

Shell has been with Comcast for two decades and will leave immediately.

In a statement, Shell says: “[He] had an inappropriate relationship with a woman in the company, which [he] deeply regrets.”

Prior to his current role, Shell was the chairman of NBCUniversal Film and Entertainment.

As CEO, he oversaw the company’s broad portfolio of businesses, including the Universal film and television business, the Peacock streaming service and Universal’s theme parks.

During a period when rival groups were investing heavily in streaming, Shell adopted a more conservative approach.

Peacock was conceived under his predecessor, and was designed to preserve the familiar television business model, relying on advertising instead of exclusively on subscription revenue.

Peacock has made gains, though they are smaller than rival services.

News

Why Australia is becoming the new home of the Hollywood blockbuster

Published

2 days ago

May 17, 2024

Nathan Langridge

Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

News

Portal between countries shut down after international flashing

Published

2 days ago

May 17, 2024

Nathan Langridge

An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

News

U.S. home prices surge 47%

Published

3 days ago

May 17, 2024

ticker NEWS

American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending