#Richard Branson says Virgin Galactic ‘should’ have ‘sufficient funds’ without his investment

#Richard Branson says Virgin Galactic ‘should’ have ‘sufficient funds’ without his investment

Billionaire Richard Branson said his space travel company Virgin Galactic “should” have “sufficient funds” without his investment Saturday. “We don’t have the deepest pockets after Covid, and Virgin Galactic has got $1bn, or nearly. It should, I believe, have sufficient funds to do its job on its own,” Branson told the Financial Times. Branson has…

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#Head of New Saudi Distribution and Production Companies on Wanting to “Be A Part” of the Country’s Cinematic Evolution

#Head of New Saudi Distribution and Production Companies on Wanting to “Be A Part” of the Country’s Cinematic Evolution

Just a few weeks ahead of Saudi Arabia’s Red Sea Film Festival in Jeddah, it was unveiled that a new regional distributor and sales operation was launching.  Riyadh-based TwentyOne Entertainment, led by British former Universal and Disney executive Paul Chesney, would be coming to the festival with its first acquisition, Red Sea competition entry Norah,…

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#In Vietnam, Henry Kissinger was worse than a fraud

#In Vietnam, Henry Kissinger was worse than a fraud

Two quotes endure from the final years of the Vietnam War. The first is “Peace is at hand,” uttered by Henry Kissinger on October 26, 1972, when he swore he’d reached a solution with North Vietnam’s Le Duc Tho for ending the war. The bad guys — the “North” Vietnamese and their southern affiliate, the…

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#WME Independent Co-Head Talks “Harder Journey to Theatrical,” “Truffle Hunting” at Saudi Fest

#WME Independent Co-Head Talks “Harder Journey to Theatrical,” “Truffle Hunting” at Saudi Fest

The state of the theatrical film business amid the rise of streaming was among the topics of discussion at the third Red Sea International Film Festival’s market on Saturday. Alex Walton, co-head and partner at WME Independent, which focuses on film packaging and sales across multiple platforms, told a panel entitled “Redefining the Theatrical Experience…

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