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Legendary Entertainment

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72-505: Legendary Entertainment, LLC (also known as Legendary Pictures or simply Legendary ) is an American mass media and film production company based in Burbank, California , founded by Thomas Tull . The company has often collaborated with the major studios, including Warner Bros. Pictures , Universal Pictures , Sony Pictures and Paramount Pictures , as well as streaming services such as Netflix and Hulu . Since 2016, Legendary became

144-430: A soft cover . Magazines fall into two broad categories: consumer magazines and business magazines. In practice, magazines are a subset of periodicals , distinct from those periodicals produced by scientific, artistic, academic or special interest publishers which are subscription-only, more expensive, narrowly limited in circulation, and often have little or no advertising. Magazines can be classified as: A newspaper

216-488: A book resembling a photo album. The first collection of records to be called an "album" was Tchaikovsky 's Nutcracker Suite , release in April 1909 as a four-disc set by Odeon Records . It retailed for 16 shillings —about £ 15 in modern currency. A music video (also promo) is a short film or video that accompanies a complete piece of music, most commonly a song . Modern music videos were primarily made and used as

288-438: A catchall phrase that encompasses the aforementioned along with any game made for any other device, including, but not limited to, advanced calculators, mobile phones, PDAs , etc. Sound recording and reproduction is the electrical or mechanical re-creation or amplification of sound , often as music . This involves the use of audio equipment such as microphones, recording devices and loudspeakers. From early beginnings with

360-805: A co-financing contract with Warner Bros. Television was signed. However, in 2012, Legendary decided to postpone its expansion into television and put the division on hold while restructuring; the contract with Warner Bros. Television was terminated. In 2013, Legendary purchased film marketing agency Five33 Ltd. The company, which in the past has worked on marketing campaigns for various studios, would now work exclusively on marketing Legendary's films. Also in 2013, Legendary hired former head of Warner Bros. Television, Bruce Rosenblum, to head Legendary's television and digital media operations. In December 2013, Legendary acquired television production company Asylum Entertainment , best known for producing sports programming and reality and scripted television series such as Beyond

432-455: A couple of years". In 2010, the company announced the launch of a comic book division called Legendary Comics, LLC under the direction of editor-in-chief Bob Schreck . The first graphic novel published by the company was Holy Terror by Frank Miller , which was released in 2011. The division is now overseen by Robert Napton. In 2011, the company announced the creation of Legendary Television to focus on developing television productions and

504-492: A device used to access a mass medium (the Internet). Video games may also be evolving into a mass medium. Video games (for example, massively multiplayer online role-playing games (MMORPGs), such as RuneScape ) provide a common gaming experience to millions of users across the globe and convey the same messages and ideologies to all their users. Users sometimes share the experience with one another by playing online. Excluding

576-415: A legal battle was averted due to Legendary and WarnerMedia nearing an agreement to keep the film's simultaneous release. On April 30, 2021, the company hired LionTree Advisors to explore possible deals, including the possibility of merging with a SPAC , making acquisitions, or finding partners. On July 22, 2021, it was announced that Legendary is looking for a merger instead of a SPAC. On January 31, 2022,

648-684: A marketing device intended to promote the sale of music recordings. Although the origins of music videos go back much further, they came into their own in the 1980s, when Music Television 's format was based on them. In the 1980s, the term "rock video" was often used to describe this form of entertainment, although the term has fallen into disuse. Music videos can accommodate all styles of filmmaking, including animation , live-action films, documentaries , and non-narrative, abstract film . The Internet (also known simply as "the Net" or less precisely as "the Web")

720-504: A media investment and advisory firm. On January 17, 2017, it was announced that Tull had exited as Legendary Entertainment CEO. He was replaced by the senior vice president of Wanda's cultural industry group, Jack Gao, as interim CEO. On October 17, 2017, it was reported that Gao stepped down from his positions at Legendary Entertainment and Wanda Group. The resignation comes after an announcement by Wanda's chairman Wang Jianlin earlier that year that Wanda would refocus its investments onto

792-549: A minority stake in Legendary was sold to Apollo Global Management , with Wanda still remaining the majority owner. On August 31, 2022, following the lapse of their deal with Warner Bros., Legendary Entertainment began seeking a new partnership, with Sony Pictures and Paramount Pictures among the companies interested. On November 28, 2022, Legendary Entertainment reached an agreement with Sony Pictures in which Sony would market, co-finance, and distribute Legendary's films with

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864-424: A more powerful media than either TV or the internet, starting with mobile being permanently carried and always connected. Mobile has the best audience accuracy and is the only mass media with a built-in payment channel available to every user without any credit cards or PayPal accounts or even an age limit. Mobile is often called the 7th Mass Medium and either the fourth screen (if counting cinema, TV and PC screens) or

936-862: A new agreement with China Film Group . Under the new agreement, the two companies were to co-produce multiple films over a three-year period. Peter Loehr oversaw the company's activities in China and brokered an alliance with Wanda Group which eventually led to the company's sale to Wanda. Mass media Mass media include the diverse arrays of media that reach a large audience via mass communication . Broadcast media transmit information electronically via media such as films , radio , recorded music, or television . Digital media comprises both Internet and mobile mass communication. Internet media comprise such services as email , social media sites, websites , and Internet-based radio and television. Many other mass media outlets have an additional presence on

1008-457: A newspaper, or watching the 10 o'clock news, people can log onto the internet to get the news they want, when they want it. For example, many workers listen to the radio through the Internet while sitting at their desk. Even the education system relies on the Internet. Teachers can contact the entire class by sending one e-mail. They may have web pages on which students can get another copy of

1080-612: A number of technologies combined to produce podcasting . Podcasting is an asynchronous broadcast/narrowcast medium. Adam Curry and his associates, the Podshow , are principal proponents of podcasting. The term ' film ' encompasses motion pictures as individual projects, as well as the field in general. The name comes from the photographic film (also called film stock ), historically the primary medium for recording and displaying motion pictures. Many other terms for film exist, such as motion pictures (or just pictures and "picture"),

1152-462: A particular subject; others function as more personal online diaries. A typical blog combines text, images and other graphics, and links to other blogs, web pages, and related media. The ability for readers to leave comments in an interactive format is an important part of many blogs. Most blogs are primarily textual, although some focus on art (artlog), photographs (photoblog), sketchblog, videos (vlog), music (MP3 blog) and audio (podcasting), are part of

1224-425: A separate company. On January 11, 2016, Chinese conglomerate Wanda Group announced that it had concluded an agreement with shareholders to acquire Legendary Entertainment for $ 3.5 billion, making it the largest acquisition of an American media company by a Chinese firm. In March 2016, it was announced that Jon Jashni had decided, on the heels of the sale, to leave the company to establish Raintree Ventures,

1296-591: A streaming service. In October 2024, Legendary bought the Wanda Group out of its majority stake in the company for an undisclosed sum, in what its CEO Josh Grode described as a transaction in a "right place, right time situation" accretive to both management and Apollo Global Management, which will share a "roughly equal" stake. Grode further stated that Legendary's board of directors would be evenly split between management and Apollo executives, although its creative team led by Mary Parent would remain unchanged, with

1368-461: A subsidiary of the Chinese conglomerate Wanda Group , with American equity firm Apollo buying a minority stake in 2022. In 2024, Legendary bought out Wanda's stake, making the former and Apollo equal partners. Thomas Tull founded Legendary Entertainment with co-founders, Jon Jashni , Larry Clark, William Fay and Scott Mednick after raising $ 500 million from private equity firms . It was one of

1440-461: A theme, which can be exampled with The Wall Street Journal as they offer news on finance and business related-topics. The first printed newspaper was published in 1605, and the form has thrived even in the face of competition from technologies such as radio and television. Recent developments on the Internet are posing major threats to its business model, however. Paid circulation is declining in most countries, and advertising revenue, which makes up

1512-463: A wider network of social media. Microblogging is another type of blogging which consists of blogs with very short posts. RSS is a format for syndicating news and the content of news-like sites, including major news sites like Wired , news-oriented community sites like Slashdot , and personal blogs. It is a family of Web feed formats used to publish frequently updated content such as blog entries, news headlines, and podcasts. An RSS document (which

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1584-486: A worldwide attraction, especially with the addition of dubbing or subtitles that translate the original language. A video game is a computer-controlled game in which a video display, such as a monitor or television set, is the primary feedback device. The term "computer game" also includes games which display only text or which use other methods, such as sound or vibration, as their primary feedback device. There always must also be some sort of input device , usually in

1656-436: Is a publication containing news and information and advertising, usually printed on low-cost paper called newsprint . It may be general or special interest, most often published daily or weekly. The most important function of newspapers is to inform the public of significant events. Local newspapers inform local communities and include advertisements from local businesses and services, while national newspapers tend to focus on

1728-490: Is a more interactive medium of mass media, and can be briefly described as "a network of networks". Specifically, it is the worldwide, publicly accessible network of interconnected computer networks that transmit data by packet switching using the standard Internet Protocol (IP). It consists of millions of smaller domestic, academic, business and governmental networks, which together carry various information and services, such as email , online chat , file transfer, and

1800-506: Is accessible through the Internet, along with many other services including e-mail, file sharing and others described below. Toward the end of the 20th century, the advent of the World Wide Web marked the first era in which most individuals could have a means of exposure on a scale comparable to that of mass media. Anyone with a web site has the potential to address a global audience, although serving to high levels of web traffic

1872-494: Is called a "feed" or "web feed" or "channel") contains either a summary of content from an associated web site or the full text. RSS makes it possible for people to keep up with web sites in an automated manner that can be piped into special programs or filtered displays. A podcast is a series of digital-media files which are distributed over the Internet using syndication feeds for playback on portable media players and computers. The term podcast, like broadcast, can refer either to

1944-403: Is not seen because of an effect known as persistence of vision , whereby the eye retains a visual image for a fraction of a second after the source has been removed. Also of relevance is what causes the perception of motion: a psychological effect identified as beta movement . Film has emerged as an important art form. They entertain, educate, enlighten and inspire audiences. Any film can become

2016-433: Is sometimes erroneously used as a synonym for " mainstream media ". Mainstream media are distinguished from alternative media by their content and point of view. Alternative media are also "mass media" outlets in the sense that they use technology capable of reaching many people, even if the audience is often smaller than the mainstream. In common usage, the term "mass" denotes not that a given number of individuals receives

2088-836: Is sometimes misunderstood in this way. It can be used for various purposes: Journalism is the discipline of collecting, analyzing, verifying and presenting information regarding current events , trends , issues and people. Those who practice journalism are known as journalists . News -oriented journalism is sometimes described as the "first rough draft of history" (attributed to Phil Graham ), because journalists often record important events, producing news articles on short deadlines. While under pressure to be first with their stories, news media organisations usually edit and proofread their reports prior to publication, adhering to each organisation's standards of accuracy, quality and style. Many news organisation claim proud traditions of holding government officials and institutions accountable to

2160-422: Is still relatively expensive. It is possible that the rise of peer-to-peer technologies may have begun the process of making the cost of bandwidth manageable. Although a vast amount of information, imagery, and commentary (i.e. "content") has been made available, it is often difficult to determine the authenticity and reliability of information contained in web pages (in many cases, self-published). The invention of

2232-446: The Chinese domestic market in an attempt to "actively respond to the call of the country". This, in turn, is thought to be a consequence of the Chinese government banning Chinese banks from providing loans to Wanda Group's foreign operations, which was intended to stop the firm's offshore acquisition plans. On December 5, 2017, it was announced that Joshua Grode had been named as Legendary Entertainment CEO. On August 13, 2018, following

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2304-516: The Glory and The Kennedys . In 2011, the company announced the formation of Legendary East Ltd., a joint venture film production company based in Hong Kong . The purpose of the company is to co-produce films with Chinese companies to bypass Chinese quotas on foreign film releases in the country. Under an initial agreement with Chinese film distributor Huayi Brothers International, half of

2376-452: The Internet has also allowed breaking news stories to reach around the globe within minutes. This rapid growth of instantaneous, decentralised communication is often deemed likely to change mass media and its relationship to society. "Cross-media" means the idea of distributing the same message through different media channels. A similar idea is expressed in the news industry as "convergence". Many authors understand cross-media publishing to be

2448-516: The Internet, however, it is questionable whether players of video games are sharing a common experience when they play the game individually. It is possible to discuss in great detail the events of a video game with a friend one has never played with, because the experience is identical to each. The question, then, is whether this is a form of mass communication. Five characteristics of mass communication have been identified by sociologist John Thompson of Cambridge University : The term "mass media"

2520-692: The Master Settlement Agreement between the US and the tobacco industries prohibited the billboard advertising of cigarettes. In a 1994 Chicago-based study, Diana Hackbarth and her colleagues revealed how tobacco- and alcohol-based billboards were concentrated in poor neighbourhoods. In other urban centers, alcohol and tobacco billboards were much more concentrated in African-American neighbourhoods than in white neighbourhoods. Mass media encompasses much more than just news, although it

2592-399: The ability to publish in both print and on the web without manual conversion effort. An increasing number of wireless devices with mutually incompatible data and screen formats make it even more difficult to achieve the objective "create once, publish many". The Internet is quickly becoming the center of mass media. Everything is becoming accessible via the internet. Rather than picking up

2664-562: The activity of making information available for public view. In some cases, authors may be their own publishers. Traditionally, the term refers to the distribution of printed works such as books and newspapers . With the advent of digital information systems and the Internet , the scope of publishing has expanded to include websites , blogs and the like. Wang Jianlin Too Many Requests If you report this error to

2736-421: The box office failure of certain films including Skyscraper , the distribution deal between Legendary and Universal ended and a new agreement was reached to return to Warner Bros. In December 2020, Variety and Deadline Hollywood reported that Legendary Entertainment, financiers, and talent with backend deals were not pleased with WarnerMedia's multi-release plans and non-transparent intentions. Legendary

2808-592: The bulk of a newspaper's income, is shifting from print to online; some commentators, nevertheless, point out that historically new media such as radio and television did not entirely supplant existing. The internet has challenged the press as an alternative source of information and opinion but has also provided a new platform for newspaper organisations to reach new audiences. According to the World Trends Report , between 2012 and 2016, print newspaper circulation continued to fall in almost all regions, with

2880-517: The class outline or assignments. Some classes have class blogs in which students are required to post weekly, with students graded on their contributions. Blogging , too, has become a pervasive form of media. A blog is a website, usually maintained by an individual, with regular entries of commentary, descriptions of events, or interactive media such as images or video. Entries are commonly displayed in reverse chronological order, with most recent posts shown on top. Many blogs provide commentary or news on

2952-600: The company announced the establishment of a digital division, to be headed by Kathy Vrabeck, that would primarily focus on game development , a move which surprised many industry analysts because of the film industry's previous disengagement with the video game industry. The goal of the division was reoriented in 2012 with the acquisition of Nerdist Industries , LLC, a pop culture blog with an eponymous podcast. Nerdist founder Chris Hardwick announced that he and his partner Peter Levin (founder of GeekChicDaily ) would still have complete editorial autonomy and that they would become

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3024-639: The company attaining more flexibility to pursue mergers and acquisitions on a large scale, "...when we would have conversations around large scale M&A, we would have to deal with the foreign ownership issue, and that's now no longer an issue." In November 2024, Legendary and Sony Pictures announced they would not renew their distribution pact expiring at the end of that year owing to the poor box office performance of their films, especially compared to Legendary titles released by Warner Bros. in 2023. In addition to producing American films, Legendary Entertainment has announced various other business endeavors. In 2009,

3096-493: The company was to be owned by the shell corporation Paul Y. Engineering Group, 40% was to be owned by Legendary Entertainment (through holding companies such as Legendary Asian Pacific, LLC or Legendary East Holdings, LLC), and 10% was to owned by the Huayi Brothers International. Legendary East initially hoped to produce one to two globally marketed English-language films per year and finance a quarter of

3168-714: The company's board of directors. That same year the company was reported to have been valued at more than $ 1 billion. In September 2011, Legendary Pictures Chief Creative Officer Jon Jashni was appointed to the new position of President and Chief Creative Officer of the parent company, Legendary Entertainment. William Fay left Legendary Pictures in September 2011. In December 2012, Waddell & Reed bought around 20% of Legendary's shares for $ 443 million. On July 10, 2013, Legendary reached an agreement with Universal Pictures in which it would market, co-finance, and distribute Legendary's films for five years starting in 2014,

3240-491: The definition. In the early 2000s, a classification called the "seven mass media" came into use. In order of introduction, they are: Each mass medium has its own content types, creative artists, technicians and business models. For example, the Internet includes blogs , podcasts , web sites and various other technologies built atop the general distribution network. The sixth and seventh media, Internet and mobile phones, are often referred to collectively as digital media ; and

3312-837: The exception of Asia and the Pacific , where the dramatic increase in sales in a few select countries has offset falls in historically strong Asian markets such as Japan and the Republic of Korea . Most notably, between 2012 and 2016, India 's print circulation grew by 89 per cent. Outdoor media is a form of mass media which comprises billboards, signs, placards placed inside and outside commercial buildings/objects like shops/buses, flying billboards (signs in tow of airplanes), blimps, skywriting, AR advertising. Many commercial advertisers use this form of mass media when advertising in sports stadiums. Tobacco and alcohol manufacturers used billboards and other outdoor media extensively. However, in 1998,

3384-494: The exception of China where Legendary East will handle all marketing and distribution on its movies. Sony would also handle home entertainment and TV distribution for the Legendary titles it distributes. The partnership pact does not include Dune: Part Two and Godzilla x Kong: The New Empire as Legendary would continue to remain in business for Warner Bros. Pictures. Legendary would also continue to partner with other companies for streaming, such as Netflix, as Sony does not have

3456-617: The first companies of its kind to pair major motion picture production with major Wall Street private equity and hedge fund investors, including ABRY Partners, AIG Direct Investments , Bank of America Capital Investors , Columbia Capital, Falcon Investment Advisors, and M/C Venture Partners . Legendary Pictures, Inc. was incorporated in California and in 2005 it signed an agreement with Warner Bros. to co-produce and co-finance up to 40 films over seven years. In 2010, Tull, Fidelity Investments , and Fortress Investment Group bought all

3528-412: The form of button/joystick combinations (on arcade games), a keyboard and mouse/ trackball combination (computer games), a controller ( console games), or a combination of any of the above. Also, more esoteric devices have been used for input, e.g., the player's motion. Usually there are rules and goals, but in more open-ended games the player may be free to do whatever they like within the confines of

3600-412: The fourth and fifth, radio and TV, as broadcast media . Some argue that video games have developed into a distinct mass form of media. While a telephone is a two-way communication device, mass media communicates to a large group. In addition, the telephone has transformed into a cell phone which is equipped with Internet access. A question arises whether this makes cell phones a mass medium or simply

3672-481: The interlinked web pages and other documents of the World Wide Web . Contrary to some common usage, the Internet and the World Wide Web are not synonymous: the Internet is the system of interconnected computer networks , linked by copper wires, fibre-optic cables, wireless connections etc.; the Web is the contents, or the interconnected documents , linked by hyperlinks and URLs . The World Wide Web

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3744-414: The invention of digital recording and the compact disc in 1983 brought massive improvements in ruggedness and quality. The most recent developments have been in digital audio players . An album is a collection of related audio recordings, released together to the public, usually commercially. The term record album originated from the fact that 78 RPM phonograph disc records were kept together in

3816-414: The invention of the phonograph using purely mechanical techniques, the field has advanced with the invention of electrical recording, the mass production of the 78 record , the magnetic wire recorder followed by the tape recorder , the vinyl LP record . The invention of the compact cassette in the 1960s, followed by Sony's Walkman , gave a major boost to the mass distribution of music recordings, and

3888-443: The late 20th century, mass media could be classified into eight mass media industries: books, the Internet, magazines, movies, newspapers, radio, recordings and television. The explosion of digital communication technology in the late 20th and early 21st centuries made prominent the question: what forms of media should be classified as "mass media"? For example, it is controversial whether to include mobile phones and video games in

3960-421: The new presidents of the digital division, with Levin heading digital strategy and the digital content. In 2014, Legendary acquired both Geek & Sundry, Inc. , a YouTube channel and production company, and the website Amy Poehler's Smart Girls . On June 10, 2016, LDN announced a subscription streaming service, Alpha, which will include programming from both Nerdist and Geek & Sundry. The Alpha service

4032-481: The other hand, two or more organisations may share a channel and each use it during a fixed part of the day, such as the Cartoon Network / Adult Swim . Digital radio and digital television may also transmit multiplexed programming, with several channels compressed into one ensemble . When broadcasting is done via the Internet the term webcasting is often used. In 2004, a new phenomenon occurred when

4104-496: The production of an additional two films per year. The company hoped to raise US$ 220.5 million through the sale of stock of Paul Y. Engineering Group on the Hong Kong Stock Exchange by the end of 2011. However, because financing did not meet the targeted goal, Legendary East scrapped the deal with Huayi Brothers International and continued its efforts to secure financing in 2012. In 2013, Legendary East announced

4176-483: The products, but rather that the products are available in principle to a plurality of recipients. The sequencing of content in a broadcast is called a schedule . With all technological endeavours a number of technical terms and slang have developed. Radio and television programs are distributed over frequency bands which are highly regulated in the United States. Such regulation includes determination of

4248-418: The public, while media critics have raised questions about holding the press itself accountable to the standards of professional journalism. Public relations is the art and science of managing communication between an organisation and its key publics to build, manage and sustain its positive image. Examples include: Publishing is the industry concerned with the production of literature or information –

4320-552: The series of content itself or to the method by which it is syndicated; the latter is also called podcasting. The host or author of a podcast is often called a podcaster. Mobile phones were introduced in Japan in 1979 but became a mass media only in 1998 when the first downloadable ringing tones were introduced in Finland. Soon most forms of media content were introduced on mobile phones, tablets and other portable devices, and today

4392-430: The shares of the original investors. The buyout also included a $ 25 million investment by Orange Sky Golden Harvest Entertainment . Following the transaction, Tull became the largest shareholder, thus enabling him to more easily direct the company's operations. Golden Harvest later sold its stake in the company for $ 30 million. In 2011, Accel Partners bought $ 40 million-worth of shares and Accel partner Jim Breyer joined

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4464-404: The silver screen , photoplays , the cinema , picture shows , flicks and, most commonly, movies . Films are produced by recording people and objects with cameras , or by creating them using animation techniques or special effects . Films comprise a series of individual frames, but when these images are shown in rapid succession, an illusion of motion is created. Flickering between frames

4536-400: The strategic direction of Legendary in recent years as the online content business has shifted away from the networks that grew big during the early heyday of YouTube stardom. Legendary Digital is not a moneymaker for the business the way its core film and TV divisions are". In April 2021, CBR reported that "Geek & Sundry as an original content producer hasn't exactly been operational for

4608-665: The ten best-selling printed books were originally released as mobile phone books. Similar to the internet, mobile is also an interactive media , but has far wider reach, with 3.3 billion mobile phone users at the end of 2007 to 1.3 billion internet users (source ITU). Like email on the internet, the top application on mobile is also a personal messaging service, but SMS text messaging is used by over 2.4 billion people. Practically all internet services and applications exist or have similar cousins on mobile, from search to multiplayer games to virtual worlds to blogs. Mobile has several unique benefits which many mobile media pundits claim make mobile

4680-434: The third screen (counting only TV and PC). A magazine is a periodical publication containing a variety of articles, generally financed by advertising or purchase by readers. Magazines are typically published weekly , biweekly , monthly , bimonthly or quarterly , with a date on the cover that is in advance of the date it is actually published. They are often printed in colour on coated paper , and are bound with

4752-477: The total value of media consumed on mobile vastly exceeds that of internet content, and was worth over $ 31 billion in 2007 (source Informa). The mobile media content includes over $ 8 billion worth of mobile music (ringing tones, ringback tones, truetones, MP3 files, karaoke, music videos, music streaming services, etc.); over $ 5 billion worth of mobile gaming; and various news, entertainment and advertising services. In Japan mobile phone books are so popular that five of

4824-458: The virtual universe. In common usage, an " arcade game " refers to a game designed to be played in an establishment in which patrons pay to play on a per-use basis. A "computer game" or " PC game " refers to a game that is played on a personal computer. A " Console game " refers to one that is played on a device specifically designed for the use of such, while interfacing with a standard television set. A "video game" (or "videogame") has evolved into

4896-1171: The web, by such means as linking to or running TV ads online, or distributing QR codes in outdoor or print media to direct mobile users to a website. In this way, they can use the easy accessibility and outreach capabilities the Internet affords, as thereby easily broadcast information throughout many different regions of the world simultaneously and cost-efficiently. Outdoor media transmits information via such media as augmented reality (AR) advertising ; billboards ; blimps ; flying billboards (signs in tow of airplanes); placards or kiosks placed inside and outside buses, commercial buildings, shops, sports stadiums, subway cars, or trains; signs; or skywriting . Print media transmit information via physical objects, such as books , comics , magazines , newspapers , or pamphlets . Event organising and public speaking can also be considered forms of mass media. Mass media organisations or mass media companies that control these technologies include movie studios, publishing companies, and radio and television stations (the latter are also sometimes known as mass media networks ); they often form media conglomerates . In

4968-570: The width of the bands, range, licensing, types of receivers and transmitters used, and acceptable content. Cable television programs are often broadcast simultaneously with radio and television programs, but have a more limited audience. By coding signals and requiring a cable converter box at individual recipients' locations, cable also enables subscription -based channels and pay-per-view services. A broadcasting organisation may broadcast several programs simultaneously, through several channels ( frequencies ), for example BBC One and Two . On

5040-444: The year that Legendary's similar agreement with Warner Bros. expired. In October 2014, SoftBank bought $ 250 million shares in Legendary for a 10% stake. The transaction increased the company's total value to around $ 3 billion. In 2014, Legendary acquired the television producer Asylum Entertainment , which made ESPN 's 30 for 30 and miniseries The Kennedys , for $ 100 million, but Asylum Entertainment will continue operating as

5112-465: Was not given advanced notice of the multi-release decision nor given a say in how Dune and Godzilla vs. Kong would be distributed. The studio planned to have discussions with Warner Bros. regarding a more "generous deal" however legal action was considered. A few weeks later, Deadline reported that the film could keep its HBO Max release but only if Warner Bros. matches Netflix's $ 250 million bid. In January 2021, The Hollywood Reporter revealed that

5184-507: Was shut down on March 31, 2019. In July 2020, Legendary laid off 30% of the LDN staff. Variety reported that "there was a sense that the operations were a money drain on the company’s profitable film and television operations. Those cuts were accelerated by the onset of COVID-19, which has resulted in layoffs and furloughs across the entertainment industry". The Hollywood Reporter reported that "the digital brands have become less important to

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