Media Capital Technologies is launching MCT Credit Solutions, a private credit investment platform focused on asset-backed and cash flow-based financing opportunities across the lifecycle of premium content. The platform is being created in partnership with MassMutual. In its first major deal, MCT Credit Solutions has provided BondIt Media Capital with a $100 million credit facility…
Apple Podcasts is finally giving video a full embrace. The tech giant, which pioneered the podcast audio format and helped popularize it, has faced stepped-up competition from video podcast viewing on YouTube and Spotify. On Monday, Apple said it will bring “advanced video capabilities” to Apple Podcasts this spring. Those will be available on iPhone,…
Reckoner Capital Management is launching a series of collateralized loan obligation ETFs that will automatically reinvest loan dividends, a novel feature that will allow investors to control when they collect distributions and pay taxes. Image: Frantzou Fleurine / Unsplash Source: Bloomberg
Motion Picture Exchange (MPX) is launching worldwide sales at Berlin’s upcoming European Film Market on slasher film “Big Baby,” which is directed by Spider One and executive produced by Cher. Spider One — who besides being a director is the founder and frontman of the rock band Powerman 5000 and is also Rob Zombie’s younger brother…
Peloton said on Friday that it’s cutting around 11 percent of its staff, mostly impacting “engineers working on technology and enterprise-related efforts,” reports Bloomberg. Last August, Peloton laid off six percent of its workforce and told investors it would continue layoffs globally in 2026, in an attempt to cut at least $100 million of annual…
