Beauty company Coty is buying a 51% stake in Kylie Jenner’s cosmetics business for $600 million. The deal, which values the young entrepreneur’s namesake beauty brand at $1.2 billion, will enable “global expansion and entry into new beauty categories,” the companies said in announcing the deal Monday. Jenner, whom Forbes …
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Filmmakers are threatening to pull projects from Georgia over the state’s anti-abortion law.Pro-abortion-rights states and localities are pouncing on the opportunity to capture more production business.Film commissions in New York, New Mexico and elsewhere are touting their tax credits and incentives. As Hollywood reconsiders — and outright abandons — its …
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Netflix stock dropped in after-hours trading after the video streaming service reported lower-than-expected revenue, despite blowout subscriber numbers. The internet video service posted $4.19 billion in revenue for the fourth quarter, undershooting the $4.21 billion analysts had expected. Netflix added 8.8 million subscribers in the last three months of 2018, …
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