Salman Khan and Akshay Kumar in Forbes 100 most generously compensated celebs on the planet list

Salman Khan and Akshay Kumar in Forbes : In the event that one is Bollywood’s Bajrangi Bhaijaan, the other is known as Khiladi Kumar. Furthermore, these two whizzes of Bollywood have booked themselves a place in Forbes magazine’s rundown of 100 most generously compensated famous people on the planet.

Salman Khan and Akshay Kumar are among the world’s 100 most generously compensated performers, as per a Forbes list that is beaten by American boxer Floyd Mayweather Jr.

While Akshay is positioned 76th on the Forbes rundown of the World’s Highest Paid Celebrities 2018, Salman is on the 82nd spot. Curiously, Shah Rukh Khan, who is a normal on the rundown, has neglected to discover a spot for himself this time.

As indicated by the rundown, 50-year-old Akshay earned 40.5 million USD (Rs 276 crore). Depicting the performing artist, the magazine stated, “One of Bollywood’s driving men has changed to socially-cognizant parts, for example, Toilet [Ek Prem Katha], a comic drama supporting government crusades to enhance sanitation, and Pad Man, about a person wanting to give modest sterile cushions to provincial networks. Despite everything he mints millions from backend benefits and underwriting around 20 brands, including Tata and Eveready.”

Salman, then again, had profit of 37.7 million USD (Rs 257 crore). Discussing the performing artist, Forbes stated, “This Bollywood pillar keeps on creating and star in hits, for example, Tiger Zinda Hai, taking advantage of backend benefits. Combined with a large number of supports from Suzuki bikes to Chlormint gum, he stays one of India’s best workers.”

Forbes said the world’s 100 best winning performers pulled in a joined 6.3 billion USD (Rs 43,025 crore) pretax in the course of recent months, up 22 for every penny from a year ago and 11 hotshots crossed the 100-million-USD limit, more than twofold the number from the most recent two years consolidated.

The rundown has been finished by boxer Floyd Mayweather Jr with income of 285 million dollars (Rs 1,946 crore).

Among the other most generously compensated performers are on-screen character George Clooney (second), unscripted television star and agent Kylie Jenner (third), soccer star Cristiano Ronaldo (10), pop star Katy Perry (19), tennis symbol Roger Federer (23), artist Beyonce (35), creator JK Rowling (42) and golfer Tiger Woods (66).

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(This Story Originating From INDIATODAY)

Netflix Stock Drops 14% – Subscriber Growth and Revenue fall short

Netflix plunged 14% in afterhours trading following an earnings report that showed its closely watched subscriber-growth metric hit a serious speed bump in the second quarter.

Netflix shares erased two months worth of stock gains after saying that it added about 5.2 million users in the second-quarter—a healthy increase in itself, yet significantly below what analysts had been forecasting. The company added 670,000 new subscribers in the US, compared with the 1.2 million forecast. International subscribers grew by 4.5 million, also below the 5.1 million consensus figure.

“We slowly adjust pricing over time to mitigate forex moves over the longer term, but when currency movements are rapid, they will affect our near term operating margin,” Netflix wrote. “We’ll tend to outperform our near term operating margin targets on dollar weakness and underperform on dollar strength.”

Adding to investor concerns, Netflix warned that it expected to add 5 million customers this quarter, which is not only below Wall Street forecasts, but also a slower pace than what Netflix saw a year ago.

Netflix has long been a volatile stock before the earnings report, share price of Netflix Stock had doubled in value since the beginning of 2018. Much of that rise came from a growing confidence among investors that the company’s seemingly flawless execution on its growth plans would continue.

The subscriptions figures were especially disappointing considering that Netflix had been consistently adding more new subscribers than expected for several quarters running. Netflix Stock had risen between 2% and 14% following its earnings report in the previous four quarters.

Netflix revenue rose by 40% to $3.9 billion, roughly in line with analyst forecasts. Its net income rose to 85 cents a share, above the 79 cents Wall Street had been expecting.

Netflix shares erased two months worth of Netflix Stock gains after saying that it added about 5.2 million users in the second-quarter—a healthy increase in itself, yet significantly below what analysts had been forecasting. The company added 670,000 new subscribers in the US, compared with the 1.2 million forecast. International subscribers grew by 4.5 million, also below the 5.1 million consensus figure.

More than revenue or profit figures, Netflix investors look to the new-subscriptions metric as an indicator of its overall health, given that it shows whether the company’s aggressive investments in new programming are continuing to bring in a bigger audience.

“We continue to see debt as the most optimal choice, the most cost-effective source of capital for the company,” said Wells. “Obviously we’d love to get to that point where we’re organically and self-funding content, and we do see a point where we can get there. But until we do, we see as debt as the right choice in terms of cost of capital,” he said.

Netflix is projected to spend between 12 billion and $13 billion on original programming this year, significantly more than any of its rivals. In some ways, that kind of spending has paid off. Netflix received 112 Emmy nominations last week, surpassing HBO in the number of nominations for the first time. (Netflix Stock Slammed)

But for last quarter at least, that spending didn’t yield any new must-view programs like the breakout hit Stranger Things. Without enough hits like that, Netflix runs the risk of signing up fewer new subscribers or of losing them to other streaming rivals such as Amazon Prime Video or HBO.

“We had a strong but not stellar Q2,” Netflix execs wrote in their quarterly letter to shareholders. “This Q2, we over-forecasted global net additions… as acquisition growth was slightly lower than we projected.”

Netflix revenue rose by 40% to $3.9 billion, roughly in line with analyst forecasts. Its net income rose to 85 cents a share, above the 79 cents Wall Street had been expecting.

News Source: marketwatch.com, fortune.com, variety.com

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Netflix Subscriber Growth Falls Short of Wall Street Expectations

Netflix Subscriber Growth Falls : Netflix’s endorser development missed the mark regarding Wall Street desires on Monday, sending offers of the ordinarily high-flying stock down 14 percent on fears that the organization’s quick extension is moderating.

The spilling video pioneer included 5.2 million clients from April through June, 1 million less than conjectures from Thomson Reuters I/B/E/S, as it included new programming incorporating Lost in Space and new scenes of Marvel’s Jessica Jones and 13 Reasons Why.

“We had a solid yet not stellar Q2,” Netflix said in a quarterly letter to investors.

Netflix said it had “over-determined” quarterly changes in the pace of new clients. The organization noticed that it had thought little of supporters for seven of the previous 10 quarters.

Prior to the profit report, Netflix shares had increased 109 percent, making it the second-most grounded entertainer on the S&P 500 list. In night-time exchanging on Monday, Netflix shares sunk 14 percent to $343.60 (generally Rs. 23,500), dissolving $24.2 billion (generally Rs. 1.65 lakh crores) in advertise capitalisation and down from a prior close of $400.48.

“Financial specialists are crushed by Netflix’s Q2 projection that went down in sensational blazes. Presently future projections are suspect and that obliterates valuation,” said Eric Schiffer, CEO of private value firm Patriarch.

Money Street had been wagering that Netflix would convey outsized development as interest for online excitement increments around the world. The organization is spending vigorously to snare new clients, planning $8 billion (generally Rs. 54,800 crores) for programming and $2 billion (generally Rs. 13,600 crores) for showcasing in 2018.

Netflix included 670,000 endorsers in the United States, well underneath experts’ assessments of 1.19 million, as indicated by Thomson Reuters I/B/E/S.

It joined 4.47 million supporters universally, while examiners were expecting 4.97 million.

The excessively idealistic projections were “entirely wide over different markets,” Chief Financial Officer David Wells said on a post-income webcast.

Officials voiced certainty about the long haul soundness of the spilling administration. CEO Reed Hastings said middle review hours were developing, however he didn’t give specifics.

“The basics have never been more grounded,” Hastings said.

Forrester expert James McQuivey said he trusted that the quarterly outcomes were “not an indication of softening in the business general.”

“These are as yet a large number of new supporters, regardless of whether they didn’t meet the desires that may have been set by the last two quarters, which were phenomenally high,” he said.

Income per share came in at 85 pennies, beating investigator conjectures of 79 pennies. Add up to income rose 40.2 percent to $3.91 billion (generally Rs. 26,800 crores). Experts had expected income of $3.94 billion.

For the present quarter, Netflix anticipated it would include 5 million clients. It is making a major push in India. Not long ago, it appeared its first Indian unique arrangement, Sacred Games, some portion of a slate of new shows went for the immense Bollywood diversion advertise.

Netflix said working edges would be smaller than already expected in light of the quick fortifying of the US dollar, which increased in value by in excess of 5 percent against real exchanging accomplices’ monetary standards in the second quarter. While a large portion of the organization’s income development originates from universal markets, most by far of its expenses remain dollar-designated.

Hastings said the organization would make changes in accordance with represent outside trade rates keeping in mind the end goal to “relentlessly” increment working edges.

In the meantime, Netflix faces developing rivalry.

Amazon.com wants to include more territorial substance in India as it assembles the Prime video benefit the world over. Apple is emptying cash into unique programming, joining A-rundown names including Oprah Winfrey. What’s more, AT&T has guaranteed to support interest in HBO in the wake of assuming control over the system in its Time Warner procurement.

Then, link wholesalers are putting forth littler and less expensive groups of channels.

In the letter to investors, Netflix said it expected more rivalry from universal players incorporating ProSiebenSat 1 Media in Germany and on-request benefit Salto in France.

“Our methodology is to just continue enhancing,” Netflix said.

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(This Story Originating From NDTV)

Cardi B and Offset Welcome their first Child – Kulture Kiari Cephus

The 25-year-old rapper (whose real name is Belcalis Almanzar) and husband Offset of Migos welcomed their first child together, daughter Kulture Kiari Cephus, on Tuesday, July 10, Cardi B announced on Instagram Wednesday alongside a nude maternity photo.

K U L T U R E M Y P R I N C E S S

— OFFSET (@OffsetYRN) July 11, 2018

The baby girl is the first child for Cardi B and the fourth for Offset (birth name Kiari Cephus), who has three children from previous relationships.

Kulture Kiari Cephus 07/10/18?? @offsetyrn

A post shared by Cardi B Official IG (@iamcardib) on Jul 11, 2018 at 7:36am PDT

The birth of their daughter comes two weeks after the new mom confirmed that she and Offset, 26, secretly tied the knot this past September. “Well now since you lil [nosy] f—s know at least ya can stop saying I had a baby out of wedlock,” Cardi B tweeted on June 25.

Kulture :’)…no better feeling ❤️?

A post shared by Cardi B Official IG (@iamcardib) on Jul 11, 2018 at 12:20pm PDT

Following months of speculation, Cardi B, 25, revealed her pregnancy in a televised performance on Saturday Night Live in April. As she performed the song Be Careful, the camera panned out to reveal her stomach. After the show she told fans: “I’m free!”

TMZ recently revealed that the couple secretly married in Georgia in September 2017, despite Offset publicly proposing to Cardi B on stage in Philadelphia a month later. “This why I name my album Invasion of Privacy,” Cardi B tweeted in response to the publication of their marriage certificate. “Privacy cause people will do the most to be nosey about your life.”

She clarified that the pair woke up one morning and “decided to get married”. She wore no dress or ring and the ad hoc ceremony was witnessed by her cousin. “Well now since you lil nosey fucks know at least ya can stop saying i had a baby out of wedlock,” she wrote in a statement posted to Twitter.

K U L T U R E 7/10/18 pic.twitter.com/uZwa8Q1RQi

— OFFSET (@OffsetYRN) July 11, 2018

Cardi recently became the first female rapper to have two No 1 singles on the US Billboard Hot 100. featuring the reggaeton artists Bad Bunny and J Balvin topped the charts almost a year after her song Bodak Yellow. Her debut album , released in April, also topped the US Billboard 200 and has been certified Platinum (more than a million units sold) in the US.

Cardi recently filed a countersuit against her former manager Klenord “Shaft” Raphael, who was suing her for $10m (£7.5m) claiming that he had been “frozen” out of her career. She claims that he put barriers between her and people close to her “in an effort to maintain complete control over her” and dictated “who she should and should not see romantically”. The countersuit calls him “deceitful and disloyal” and “self-serving and controlling”.

News Source: people.com, bustle.com, cbsnews.com, theguardian.com

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Mel B Garnished to Pay Off hundreds of thousands of dollars tax bill – Struggling Financially

The revelation came to light in newly filed court documents, obtained by The Blast. The “America’s Got Talent” judge explains that the money owed to the IRS for back taxes has put an incredible strain on her wallet.

It’s been claimed that the Spice Girl and her ex-husband owe thousands of dollars in tax dating back to 2016, with it being estimated the amount owed falls between $350,000 (£262,000 and $650,000 (£487,500). The 43-year-old is now allegedly being taxed at source from her America’s Got Talent paycheques, meaning the money is immediately taken from her salary, according to legal documents seen by The Blast, in a bid to keep up with payments. In the documents, she reportedly claims to have told the IRS that the money owed has put a strain on her finances and she has been unable to keep up with recent payments.

With the added costs of being the main breadwinner between her and Belafonte, and the long divorce, the former “Spice Girl” says “I do not have the financial capabilities at this point to pay for these community property debts.”

As we reported, Mel is unsure if she will be able to remain a judge on “AGT” come October, and is scrambling to straighten out her financial turmoil with Belafonte as she prepares for the worst.

The Spice Girls star and her ex-husband owe hundreds of thousands of dollars dating back to 2016, with Mel estimating owing between $350,000 and $650,000 to the IRS just for 2017

According to court documents obtained by The Blast, Mel’s America’s Got Talent paycheques are now being garnished, meaning money to pay her bills is automatically being deducted before she receives her salary.

As a result of the extra costs of her long divorce battle and being the main breadwinner between herself and the producer, the I Want You Back singer – who has daughters Phoenix, 19, and Angel, 11, from past relationships and six-year-old Madison with Eddie – is struggling financially.

She said in the documents: “I do not have the financial capabilities at this point to pay for these community property debts.”

Mel has been a judge on AGT since 2013 but is concerned she won’t be asked back after the current season ends in September, which would worsen her financial situation.

Mel B is said to be struggling financially in the wake of her marriage split. Mel B‘s financial situation has gotten so bad she says that her paychecks are now being garnished by officials to satisfy outstanding debts owed between her and Stephen Belafonte

She explained: “I am currently a judge on the NBC television show, America’s Got Talent. I am currently in contract until the end of October 2018. I do not know if I will be asked back as a Judge on America’s Got Talent or if they will renew my contract… My current state of financial affairs is of utmost concern due to the fact that Stephen and I have immense tax debts and have been unable to repay those debts.”

Despite her financial worries and bitter split from Stephen, Mel seemed to have had some good news recently as she shared a cryptic Instagram post last month about having found “true love” with a mystery man.

The way he makes me laugh and smile gives me butterflies beyond belief Everything about him makes me more than happy and grateful #humble #lovehim #truelove #finally

A post shared by Mel B (@officialmelb) on Jun 14, 2018 at 7:58pm PDT

Posting a picture of herself surrounded by a heart-themed filter, she wrote: “The way he makes me laugh and smile gives me butterflies beyond belief Everything about him makes me more than happy and grateful #younowhoyouare #humble #lovehim #truelove #finally (sic)”

News Source: ewn.co.za, theblast.com, metro.co.uk

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Brie Larson Posts Wrap Photo Of Marvel Cinematic Universe’s Next Upcoming – Captain Marvel

Brie Larson, Academy Award-winning actress, and star of Marvel’s first female-led superhero movie posted a captionless picture of the Captain Marvel clapperboard with a decorated calendar announcing that July 6 was the last day of shooting.

Of course, true to Marvel Cinematic Universe form, no secrets or hints were given away from this photo. However, the clapperboard is filled with autographs from what is assumed to be the cast and crew of the movie. So if you can find any Easter eggs in there, more power to you.

And since Marvel Studios won’t be making an appearance at Comic-Con in a couple of weeks, this may be the only kind of Captain Marvel news we get in a long time. We kind of saw a cameo of Captain Marvel in the post-credits scene of Infinity War, but other than that, we have nothing else to gnaw on.

Larson shared the news with a snapshot of the film’s clapperboard.

A post shared by Brie (@brielarson) on Jul 8, 2018 at 1:35pm PDT

In the photo, which the 28-year-old Oscar winner posted without a caption, the clapperboard — which appears to be signed by most of the cast and crew — rests on a calendar with the days marked off up until July 6, which is circled and the words “last day” are written below.

In the film, Larson stars as Carol Danvers, a U.S. Air Force pilot who gains immeasurable superhuman powers after an accident leads to her DNA mixing with that of an alien being, thus become the eponymous Captain Marvel.

The movie is set in the 1990s, meaning it predates almost everything fans have seen in all the films in the Marvel Cinematic Universe, except for some key flashbacks scattered throughout the 20 films.

Given its setting, fans will also get to see Samuel L. Jackson reprise his role as Nick Fury, however without his signature eye-patch, as the movie takes place before he suffered whatever injury caused the damage.

Anna Boden and Ryan Fleck directed Captain Marvel from a script from a writing team that included Boden and Fleck as well as Meg LeFauve,  Nicole Perlman, Geneva Robertson-Dworet, Liz Flahive, and Carly Mensch. The film also stars Jude Law, Ben Mendelsohn, Samuel L. Jackson, Clark Gregg, Lee Pace, Gemma Chan, and Djimon Hounsou.

Several familiar characters from the MCU will be returning, including Samuel L. Jackson as S.H.I.E.L.D. director Nick Fury, along with Clark Gregg’s Phil Coulson and Cobie Smulders’ Maria Hill. Lee Pace will also reprise his role as Ronan the Accuser and Djimon Hounsou’s mercenary Korath.

News Source: deadline.com, etonline.com

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