Lionsgate reports $ 1.7 bn Q2 operating loss, cuts markets

Lionsgate could spin off or part sell Starz by Sept.

Lionsgate Entertainment Corp shares jumped last week in the US after the company said it’s likely to announce a deal to spin off or sell a piece of its Starz cable network in September, with potential partners also showing interest in the company’s film and TV studios.

Shares surged ...


Instagram to put ads in user search results

Instagram to soon test ultra-tall photos

Photo and video sharing platform Instagram will begin testing ultra-tall 9:16 photos "in a week or two." CEO Adam Mosseri confirmed the news, he said, "You can have tall videos, but you cannot have tall photos on Instagram. So we thought maybe we should mak...


Punit Pandey moves on from 9X Media

Punit Pandey moves on from 9X Media

9X Media’s chief business officer, Punit Pandey, has decided to move on from the company after a long stint of 15 years. Punit shared the news from his LinkedIn post, he wrote, “I have had the most exciting and fulfilling journey at 9X Media Network. I am proud to be a part of the Network’s founding story. There hasn’t been a dull moment ever...