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2 school closings or delays reported

See the complete closing list

SCHOOL CLOSINGS

2 school closings or delays reported

MGM


Stocks making the biggest moves in the premarket: Apple, Taboola, Biogen and more

The stocks making the biggest moves in premarket trading include Apple, Taboola, Biogen, and more.

cnbc.com

Detroit Symphony Orchestra will perform live score for Aretha Franklin movie

The one-night only concert will be accompanied by a screening of ‘RESPECT’ starring Jennifer Hudson

metrotimes.com

Sylvester Stallone says not being in 'Creed III' is 'a regretful situation' and the movie is going in a different direction than he would've chosen

The legendary actor, who says he doesn't have any rights to the "Rocky" franchise he created, said he's against the "dark" tone in "Creed III."

news.yahoo.com

Jean Harlow, Marilyn Monroe's idol, was Hollywood's original blonde bombshell before tragic demise: book

Actress Jean Harlow died when she was just 26 years old in 1937. For years, rumors and conspiracy theories have surrounded the sex symbol's brief life.

foxnews.com

Man arrested in California for allegedly planning "Las Vegas-style" mass shooting

After his arrest, the suspect threatened to kill additional officers and their families, and he battered an officer with a table during the interview process, a police statement said.

cbsnews.com

Amazon is turning Ring security videos into TV show

Produced by Amazon-owned studio MGM, the show aims to follow the mold of "America's Funniest Home Videos."

cbsnews.com

Amazon's Ring, MGM to launch show from viral doorbell videos

Amazon-owned companies Ring and Hollywood studio MGM are partnering to create a TV show in the mold of “America’s Funniest Home Videos."

Amazon acquires health provider One Medical for $3.9 billion

Nation's largest online retailer sniffs opportunity to cut costs and improve service in fragmented health care sector.

cbsnews.com

Casino stocks are taking a hit as consumers struggle with inflation and recession fears

Casino stocks have underperformed the S&P 500 as consumers grapple with the highest inflation rates since the early 1980s.

cnbc.com

Nvidia stock falls on light guidance

The stock dropped in extended trading after the chipmaker gave a light forecast for the current quarter.

cnbc.com

Amazon: IMDb TV will be renamed Amazon Freevee

Amazon announced Wednesday its free streaming service IMDb TV will be renamed Amazon Freevee later this month.

Amazon buys MGM in a multibillion-dollar deal

MGM is the film and television studio behind iconic films like the James Bond franchise, Rocky and The Silence of the Lambs.

npr.org

Amazon Closes $8.5B Deal To Acquire Hollywood Studio MGM

Amazon announced the deal last year, making it the company's second-largest acquisition following its $13.7B deal with Whole Foods in 2017.

newsy.com

Amazon Closes $8.5B Deal To Acquire Hollywood Studio MGM

Amazon announced the deal last year, making it the company's second-largest acquisition following its $13.7B deal with Whole Foods in 2017.

www1.newsy.com

Amazon closes its $8.45 billion acquisition of movie studio MGM

The deal closed following the expiration of a waiting period at the Federal Trade Commission.

washingtonpost.com

Amazon closes $8.5B deal to acquire Hollywood studio MGM

Amazon has closed its $8.5 billion acquisition of Hollywood studio MGM, two days after European regulators said the deal “would not significantly reduce competition” in European markets.

EU regulators clear Amazon's $8.45 billion purchase of MGM

European regulators have cleared Amazon’s purchase of Hollywood studio MGM, saying the deal doesn’t raise any competition concerns.

'The Batman' and a BTS concert broadcast power box office

In its second weekend of release, Warner Bros.

BetMGM says most Super Bowl bettors are supporting the Bengals - except in Michigan

With Super Bowl LVI only three days away, sports bettors appear to be hoping for an upset as the majority of bets and money being wagered are favoring the Cincinnati Bengals, according to the BetMGM Sportsbook. But bettors outside of Michigan don’t seem to think Stafford will be able to pull it off, despite his team being favored. So while the Rams aren’t expected to blowout the Bengals, it’s interesting to see bettors laying more money down on the underdog Bengals. $7,500 wagered on Rams defensive end Aaron Donald to win Super Bowl MVP at +1600 to win $120,000. Read More MLive Sports Betting Stories HereSuper Bowl prop bets that require no knowledge of the game, teamsSuper Bowl player props: Matthew StaffordSuper Bowl Prop Bets: Guide to betting props in Michigan

mlive.com

New this week: 'Pam & Tommy,' Olympics and the doc 'Torn'

This week’s new entertainment releases include an album from pop singer-songwriter Mitski, the opening ceremonies of the winter Olympics from Beijing and the documentary “Torn” about the aftermath of a climbing tragedy.

Stocks making the biggest moves midday: JPMorgan, Wynn Resorts, Sherwin-Williams, Disney and more

These are the stocks posting the largest moves in midday trading.

cnbc.com

Family, friends hold balloon release to honor couple killed in New Year’s Eve crash last year

Family and friends of Rodney and Marlene Rodriguez gathered on Friday to pay tribute to the couple one year after they were killed in a crash in Detroit’s Corktown.

NBR Awards name 'Licorice Pizza' its best film of 2021

Paul Thomas Anderson’s “Licorice Pizza” has been named the best film of the year by the National Board of Review.

'Encanto,' 'House of Gucci' fuel Thanksgiving box office

Thanksgiving weekend moviegoing was still far from the feast it normally is, but Disney’s “Encanto” and the Lady Gaga-led “House of Gucci” both gave a lift to two genres that have been particularly battered by the pandemic: family movies and adult dramas.

James Bond has all those gadgets but no hand sanitizer. Avoid these 007 travel habits

Now that travel is picking up again, research on the fictional spy's travel practice provides helpful reminders to would-be adventurers about what not to do if you're contemplating a trip.

npr.org

Nvidia's $40 billion takeover of Arm faces in-depth investigation from European Commission

The European Commission, the executive arm of the EU, has launched an "in-depth investigation" into Nvidia's acquisition of U.K. chip designer Arm.

cnbc.com

Stocks making the biggest moves in the premarket: GlaxoSmithKline, CureVac, Airbnb and more

The stocks making the biggest moves in premarket trading include

cnbc.com

Reaching pre-pandemic levels, 'Venom' debuts with $90.1M

Pandemic moviegoing is finally starting to look like pre-pandemic moviegoing.

Every actor who's played James Bond, ranked from worst to best

"No Time To Die," Daniel Craig's fifth and final outing as James Bond, hits US theaters on October 8.

news.yahoo.com

Bettor who had shot at 16-team parlay win, accepted $133K payout ahead of Lions vs. Packers

A gambler who was depending on the Detroit Lions to beat the Green Bay Packers Monday night to cash in an incredible 16-game parlay win, decided against risking it all ahead of the game. According to a tweet from Bet MGM, the bettor accepted a pre-tax payout of $133,000 prior to the game, rather than risking everything for a possible $736,959 win. The bettor successfully picked the other 15 games over the weekend, which included five picks for teams that weren’t favored to win. The Lions entered the game as the largest underdog of the weekend for the NFL, meaning a win wasn’t very likely. Although the Lions actually held the lead at halftime, the Packers rallied and dominated in the second half to win the game 35-17.

mlive.com

DraftKings Puts All Its Chips On A $25 Billion Bet for Entain

It’s not hard to see the online gambling firm’s logic. But the bidder’s hand isn’t as strong as it looks.

washingtonpost.com

Jane Powell, sunny ‘girl next door’ in Hollywood musicals, dies at 92

She entered movies as a teenager and later performed opposite Fred Astaire in “Royal Wedding” and Howard Keel in “Seven Brides for Seven Brothers.”

washingtonpost.com

Why Vegan Cheese Doesn't Melt

The debut of vegan cheese didn't inspire confidence, but in recent years vegan cheese had become a grocery store staple. But there's still one problem; vegan cheese won't melt, stretch, brown or bubble. So, what's the science behind why vegan cheese doesn't act like we expect?

news.yahoo.com

Risky business: Detroit Lions are reportedly the most bet on team to make the playoffs

ALLEN PARK -- The Detroit Lions, yes those Detroit Lions, are the most bet on NFL team to make the postseason this year per Bet MGM. The Dallas Cowboys are the most bet on team to miss the playoffs, for those wondering. It’s worth noting the Lions are underdogs in each of their 17 games, heading into the campaign with worse Super Bowl odds than after the infamous 0-16 season from some sportsbooks. T.J. Hockenson is coming off a Pro Bowl season and D’Andre Swift has people thinking big things, but much more is needed to move the needle. Parker working way into conversation for team’s nickelback jobFormer lacrosse pro Tom Kennedy making push for Detroit Lions roster jobLions’ Dan Campbell sounds comfortable keeping 3 quarterbacks on 53-man rosterLions TE T.J. Hockenson expected to be ready by Week 1 despite injury

mlive.com

MGM Resorts requiring proof of vaccination for all salaried employees, new hires

In a letter to staff members dated Monday, Aug. 16 MGM Resorts announced it is now requiring COVID-19 vaccination as a condition of employment for all salaried employees and new hires throughout the United States.

Pistons, NBA learn MGM Summer League competition structure

The Detroit Pistons will get the chance to get their young players some valuable developmental minutes this summer. On Wednesday, the NBA announced that all 30 of its teams would participate in the MGM Summer League in Las Vegas. Summer League often allows teams to develop their young players in Killian Hayes, Isaiah Stewart, Saddiq Bey and Saben Lee. Detroit, like many NBA teams, uses Summer League to test different rosters that usually showcase newly-drafted rookies, undrafted free agents, and sophomore and G League affiliate players. Fans can stay up to date by signing up at NBAEvents.com for the latest information on MGM Resorts NBA Summer League 2021.

mlive.com

With its purchase of MGM, Amazon supersizes its Hollywood ambitions

Can buying MGM do for Amazon what Marvel did for Disney?

washingtonpost.com

Live Updates: Multiple people wounded, suspect "down" in San Jose shooting, officials say

Mayor Sam Liccardo said the situation is still being assessed.

cbsnews.com

Amazon Buying MGM For $8.45 Billion

The deal is the latest in the media industry that's aimed at boosting streaming services to compete against Netflix and Disney+.

newsy.com

MGM Grand Detroit is hosting virtual job fair today

MGM Grand Detroit will be hosting a virtual job fair today, Wednesday, May 26, 2021 in partnership with Indeed.

Amazon Makes Deal To Buy MGM For Nearly $8.5 Billion

It's the second largest acquisition for Amazon after purchasing Whole Foods — and its biggest move into entertainment.

npr.org

Amazon to buy MGM, studio behind James Bond and 'Shark Tank'

Online shopping giant Amazon is buying MGM, the movie and TV studio behind James Bond, “Legally Blonde” and “Shark Tank,” with the hopes of filling its video streaming service with more stuff to watch.

Bill Gates-backed Ginkgo Bioworks going public via $15 billion SPAC

Ginkgo Bioworks is going public via a merger with former MGM CEO Harry Sloan's SPAC in a deal that values the biotech company at $15 billion.

cnbc.com

Trump only learned about Mike Pence’s heart surgery from media, report says

Pence has not met Donald Trump in person since leaving the office in January

news.yahoo.com

One casino stock stands out as a leader amid a sector rally, traders agree

Casino stocks are on a hot streak. Las Vegas Sands, Caesars, MGM and Wynn have outperformed the market this year, benefiting from a rotation into stocks tied to a reopening economy. The four also rallied Wednesday after Sands signed a $6.25 billion to sell its Vegas properties to private equity firms Apollo Group and VICI Properties. Mark Newton, president of Newton Advisors, says another looks to be the best bet in the pack. "MGM is one that I think actually stands out as being a little bit more attractive than LVS at current levels," Newton told CNBC's "Trading Nation" on Wednesday.

cnbc.com

Sports gambling sites crash during Super Bowl amid surging demand

Instead, technical disruptions and crashes left the biggest sports gambling platforms cringing and scrambling to solve unexpected problems. By game's end, the problem still had not been fixed, and MGM was not immediately able to settle bets. That explanation surprised industry insiders and those who run other sports gambling platforms. Kambi told CNBC it processed the highest bet volumes in its history, three times more than last year's Super Bowl. "The stress on the platforms is an indication of how big the potential is for sports gambling," said Union Gaming analyst John DeCree.

cnbc.com

Streaming services help keep some blockbusters locked on the movie calendar

On Friday, Disney shifted a half-dozen films, including "The King's Man," later into the year or removed them from the calendar entirely. The few films that remain in February and March are tied to streaming releases. Lions Gate's "Chaos Walking" is the only major film release without a day-and-date streaming plan. For Warner Bros. the dual release in theaters and on HBO Max allows it to bolster subscriber sign-ups and make money from ticket sales. It's unclear how successful that strategy has been, as "Wonder Woman 1984" is, so far, the only Warner Bros. film to be released in this fashion.

cnbc.com

'No Time to Die,' 'Ghostbusters: Afterlife,' 'Uncharted' among latest Hollywood film delays

As the coronavirus pandemic continues to rage in the United States, Hollywood is once again shuffling its movie releases. Among those titles are the latest James Bond flick "No Time to Die" and "Ghostbusters: Afterlife." "Spectre," the James Bond film released in 2015 garnered more than $879 million at the global box office while its predecessor, 2012's "Skyfall" topped $1.1 billion. "Peter Rabbit 2: The Runaway," "Cinderella" and "Ghostbusters: Afterlife" have all been pushed until later this year while the Tom Holland-led "Uncharted" will now arrive in 2022. Universal is releasing "No Time To Die" internationally while MGM handles the domestic release.

cnbc.com

Stargate SG1 comes to Netflix as more information is revealed about a reboot

Amazon Prime subscribers have had access to the series for some time, with the added bonus of excellent spinoff shows "Stargate: Atlantis" and "Stargate: Universe." "Truth be told, we’ve never been closer to a fourth Stargate series. Sci-fi started taking a darker, grittier tone following the success of shows like "Battlestar Galactica" and not wanting to be left behind, "Stargate Universe" was born. Stargate executive producer Joseph Mallozzi is dropping new hints about what Brad Wright's long-gestating Stargate project might look like, and how close it is to a green light. "The Torment of Tantalus" (S01, E10)"A Matter of Time" (S02, E15)"Holiday" (S02, E18)"1969" (S02, E21)"Upgrades" (S04, E03)"Window of Opportunity" (S04, E06)"2010" (S04, E16)"2001" (S05, E10)"200" (S10, E06)"Unending" (S10, E20)Follow Scott Snowden on Twitter .

space.com

Ruby Tuesday Files For Bankruptcy, Most Workers Furloughed Due To Pandemic

Michigan Reports 1,095 New Covid-19 Cases, 7 Deaths FridayThe Michigan Department of Health and Human Services announced 1,095 coronavirus cases in the state and an additional seven deaths Friday. Henry Ford Health System Raises Minimum Raise Rate to $15 Per HourHenry Ford Health System unveiled plans Friday to increase compensation for its lowest-paid workers to $15 per hour. Southfield Faces $50M Lawsuit After Woman Found Alive In Funeral HomeThe city of Southfield is facing a $50 million lawsuit in the wrongful death declaration of a woman. Whitmer, Family Were Moved As Plotters Tracked, AG Nessel SaysMichigan Gov. Lord & Taylor To Close At Novi's Twelve Oaks MallLord & Taylor is one of the country's oldest department stores, has announced its bankruptcy and going out of business.

detroit.cbslocal.com

Unemployment Update: State Benefits Under Review After Whitmer Ruling

Whitmer, Family Were Moved As Plotters Tracked, AG Nessel SaysMichigan Gov. Gretchen Whitmer and her family were at times moved around by authorities as law enforcement tracked the men who allegedly plotted for months to kidnap her, the state's attorney general said Friday. Commerce Township Man Receives 13 Stitches After Slicing Hand On Razor Blades Attached To Trump-Pence SignThe 52-year-old man who works for Commerce Township was asked to remove the sign because it's placement violated a city ordinance. Rep. Debbie Dingell Hopes Plot Against Whitmer Will Bring Attention To Threat Of Political ExtremismRep. Gretchen Whitmer was revealed.

detroit.cbslocal.com

Northville Police Seek Suspect After Skateboarder Killed In Hit-And-Run

Whitmer, Family Were Moved As Plotters Tracked, AG Nessel SaysMichigan Gov. Lord & Taylor To Close At Novi's Twelve Oaks MallLord & Taylor is one of the country's oldest department stores, has announced its bankruptcy and going out of business. Commerce Township Man Receives 13 Stitches After Slicing Hand On Razor Blades Attached To Trump-Pence SignThe 52-year-old man who works for Commerce Township was asked to remove the sign because it's placement violated a city ordinance. Rep. Debbie Dingell Hopes Plot Against Whitmer Will Bring Attention To Threat Of Political ExtremismRep. Detroit Woman Charged In Fatal Car Crash That Killed 6-Year-Old BoyA 33-year-old woman has been charged in a fatal car crash that killed a 6-year-old boy.

detroit.cbslocal.com

MDOT Announces Weekend Construction In Metro Detroit

Police: Man's Body Found In Shopping Mall Parking LotOne man has been found dead in the parking lot of a suburban Detroit shopping mall and another was discovered wounded nearby. Commerce Township Man Receives 13 Stitches After Slicing Hand On Razor Blades Attached To Trump-Pence SignThe 52-year-old man who works for Commerce Township was asked to remove the sign because it's placement violated a city ordinance. Detroit Woman Charged In Fatal Car Crash That Killed 6-Year-Old BoyA 33-year-old woman has been charged in a fatal car crash that killed a 6-year-old boy. Detroit Man Charged After Calvin Johnson's Car Found At Chop ShopA 31-year-old Detroit man who allegedly ran a chop shop has been charged in the theft of a vehicle that belonged to former Detroit Lions Wide Receiver Calvin Johnson. 32-Year-Old Detroit Man Charged In Hit-And-RunA 32-year-old man has been charged in connection with a hit-and-run in Detroit.

detroit.cbslocal.com

Michigan Reports 1,197 New Covid-19 Cases, 22 Deaths Thursday

Detroit Man Charged After Calvin Johnson's Car Found At Chop ShopA 31-year-old Detroit man who allegedly ran a chop shop has been charged in the theft of a vehicle that belonged to former Detroit Lions Wide Receiver Calvin Johnson. 32-Year-Old Detroit Man Charged In Hit-And-RunA 32-year-old man has been charged in connection with a hit-and-run in Detroit. Michigan Matters: Election 2020, Macomb County Prosecutor Candidates Sound OffState Sen. Peter Lucido and former Macomb County Circuit Court Judge Mary Chrzanowski -- who are hoping to become the next Macomb County Prosecutor in the Nov. 3 election – appear on “Michigan Matters” to talk about the issues, the region and the race. Sam's Club Hiring At Least 2,000 Permanent Full-Time PositionsSam's club is going on a hiring spree. Wolfgang Puck Closed, MGM Detroit Announces D.Prime Steakhouse As ReplacementWolfgang Puck's steak restaurant is now closed after eight years in Detroit.

detroit.cbslocal.com

Officials Deny Drop Boxes In Lansing Were Left Unlocked

32-Year-Old Detroit Man Charged In Hit-And-RunA 32-year-old man has been charged in connection with a hit-and-run in Detroit. Michigan Matters: Election 2020, Macomb County Prosecutor Candidates Sound OffState Sen. Peter Lucido and former Macomb County Circuit Court Judge Mary Chrzanowski -- who are hoping to become the next Macomb County Prosecutor in the Nov. 3 election – appear on “Michigan Matters” to talk about the issues, the region and the race. Sam's Club Hiring At Least 2,000 Permanent Full-Time PositionsSam's club is going on a hiring spree. Wolfgang Puck Closed, MGM Detroit Announces D.Prime Steakhouse As ReplacementWolfgang Puck's steak restaurant is now closed after eight years in Detroit. Unemployment Update: State Benefits Under Review After Whitmer RulingIn Michigan, nearly 16,000 unemployment claims were filed last week.

detroit.cbslocal.com

Police Identify Owner Of Dogs That Attacked Roseville Woman, Killed Beagle

Sam's Club Hiring At Least 2,000 Permanent Full-Time PositionsSam's club is going on a hiring spree. Ruby Tuesday Files For Bankruptcy, Most Workers Furloughed Due To PandemicRuby Tuesday currently has 7,300 employees, with most of them being furloughed. Wolfgang Puck Closed, MGM Detroit Announces D.Prime Steakhouse As ReplacementWolfgang Puck's steak restaurant is now closed after eight years in Detroit. Unemployment Update: State Benefits Under Review After Whitmer RulingIn Michigan, nearly 16,000 unemployment claims were filed last week. Northville Police Seek Suspect After Skateboarder Killed In Hit-And-RunNorthville police say the vehicle involved in the incident likely has heavy windshield damage.

detroit.cbslocal.com

Bridge Work To Close Westbound I-94 Ramp To Northbound Lodge Freeway In Detroit Next Week

Sam's Club Hiring At Least 2,000 Permanent Full-Time PositionsSam's club is going on a hiring spree. Ruby Tuesday Files For Bankruptcy, Most Workers Furloughed Due To PandemicRuby Tuesday currently has 7,300 employees, with most of them being furloughed. Wolfgang Puck Closed, MGM Detroit Announces D.Prime Steakhouse As ReplacementWolfgang Puck's steak restaurant is now closed after eight years in Detroit. Unemployment Update: State Benefits Under Review After Whitmer RulingIn Michigan, nearly 16,000 unemployment claims were filed last week. Northville Police Seek Suspect After Skateboarder Killed In Hit-And-RunNorthville police say the vehicle involved in the incident likely has heavy windshield damage.

detroit.cbslocal.com

MDOT Announces Weekend Construction On I-75 In Oakland County

Wolfgang Puck Closed, MGM Detroit Announces D.Prime Steakhouse As Replacement(CBS DETROIT) – MGM Detroit is replacing the restaurant of a famous celebrity chef. Wolfgang Puck's steak restaurant is now closed after eight years in Detroit. The casino says D. Prime Steakhouse will be the high-end replacement. Due to Covid-19 restrictions casinos in Detroit are only open at partial capacity. Puck still has restaurants open at other MGM properties in Las Vegas.

detroit.cbslocal.com

James Bond film ‘No Time To Die’ pushed again, to 2021

The release of the James Bond film “No Time To Die” has been delayed again, this time to 2021, because of the effects of COVID-19 on the theatrical business. “No Time To Die” was originally supposed to open in April 2020 but was pushed back to Nov. 12 in the U.K. and Nov. 20 in the U.S. The Walt Disney Co. last week delayed the planned 2020 releases of a handful of major movies until 2021. They include Marvel’s “Black Widow” and Steven Spielberg’s “West Side Story.” Universal delayed “Candyman” to next year. Some major releases are still planned for 2020.

Fewer games, more plexiglass and no smoking -- a look inside MGM Grand Detroit

According to MGM Midwest COO and President David Tsai, only 40 percent of slot machines will be left running. All of it is costing MGM, and by way of tax dollars, the City of Detroit and the state, millions of dollars. Tsai, who has been with MGM for 13 years said he oversaw the reopening of other casinos in Ohio just last week. He saidWe have Detroit residents currently going to Michigan tribal casinos or casinos in Ohio and Indiana that dont have the level of requirements that we have, he said. The hotel will not be ready to open whenever the casino is allowed to open its doors.

MGM reportedly cuts 7% of staff, United Artists Releasing furloughs one-third of its employees

Variety reported Friday that around 50 jobs at MGM had been cut across all departments including scripted and unscripted TV and feature films. The studio's marketing and distribution arm United Artists Releasing also furloughed one-third of its staff, the publication reported. Some United Artists Releasing employees are expected to return as early as August for the release of the Keanu Reeves film "Bill and Ted Face the Music." Disclosure: NBCUniversal is the parent company of Universal Studios and CNBC. Universal is releasing "No Time To Die" internationally while MGM handles the domestic release.

cnbc.com

This S&P 500 comeback stock could ride higher from here, traders agree

The chipmakers are incredibly strong, and it has an upcoming earnings report, and I think it's going to continue trading higher into that report," said Shay. Nvidia is set to report earnings on May 7. Todd Gordon, managing director of Ascent Wealth Partners, agrees with Shay, noting that Nvidia has both fundamental and technical tailwinds. From a technical point of view, [it's] another stock that here in the weekly is holding the 50- and 200-week moving average. So, really good relative strength," Gordon said during the same segment.

cnbc.com

'Blast from the past': Some drive-in movie theaters are making a comeback amid coronavirus

Only 5% to 10% of drive-ins across the U.S. are able to operate through the coronavirus, but they are seeing new business. "Everyone is looking for a way to feel normal and this is a way of being safe," Thomas said. Landers' company survives off of bringing large groups of people together to watch movies outdoors. But UOE has since refocused on its mobile drive-in theater business, which has been intact for 12 years, utilizing its LED screens to allow movies to be watched at all times of the day. "So the drive-in is sort of a rebirth and a way for us to replace some of the income that we lost."

cnbc.com

2020 was already expected to be a weak year at the box office, coronavirus could mean 'cinematic disaster'

This weekend's box office results already started to show signs of what could be ahead. In 2018, box office receipts hit an all-time high of $11.9 billion in North America. But even before the coronavirus, analysts expected ticket sales in 2020 would be lower than 2019, despite a strong start to the year. Adjusting for leap day 2020, North American box office sales were trending up 3.7% from last year, from Jan. 1 through March 1, according to Comscore data. "I just think it's kind of a disaster for the second quarter," Doug Stone, president of Box Office Analyst, said.

cnbc.com

'No Time to Die' box-office release delayed for coronavirus, but don't expect other Hollywood films to follow

MGMThe coronavirus outbreak may have pushed "No Time to Die" to trade its April box-office release in favor of a November one, but that doesn't mean other Hollywood blockbusters are going follow suit. MGM is only set to release five films this year, all but one of which is co-financed with another studio. Far and away, the 25th James Bond film is expected to be the company's biggest film of the year. More than 78% of the $881 million the previous James Bond film "Spectre" garnered at the global box office in 2015 came from international regions. Even if a studio wanted to move a film's release date, there is little flexibility in the movie release schedule for the rest of 2020.

cnbc.com

MGM agrees to pay Las Vegas shooting victims up to $800M

A memorial to the victims of the Las Vegas shooting on the Vegas Strip on Oct. 6, 2017. (CNN) - MGM Resorts International and the victims of the Las Vegas mass shooting reached a landmark settlement worth between $735 million and $800 million, depending on the number of claimants, MGM said in a statement Thursday. It is the worst mass shooting in modern American history. "MGM Resorts is a valued member of the Las Vegas community and this settlement represents good corporate citizenship on their part. According to a regulatory filing released in May, MGM said it could pay as much as $800 million for lawsuits related to the mass shooting.

Relax and have a sip on National Daiquiri Day

July 19 is National Daiquiri Day and Live in the D is celebrating! We invited our downtown neighbors, the MGM Grand Detroit Casino to help us make some tasty drinks. MGM Grand Detroit Casino has the "32 Degrees" Daiquiri Bar. MGM is hosting a National Daiquiri meet and greet at 32 Degrees on July 19th from 4 pm to 8 pm for those 21 years old and older. The casino will also unveil a new mural at the daiquiri bar created by artist Dustin Cook.

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