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Reality television is a genre of television programming which presents purportedly unscripted dramatic or humorous situations, documents actual events, and features ordinary people instead of professional actors. Although the genre has existed in some form or another since the early years of television, the term reality television is most commonly used to describe programs produced since 2000. Documentaries and nonfictional programming such as the news and sports shows are usually not classified as reality shows.
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Unrest in Hong Kong intensified as protesters blocked roads and trains during the workweek while police fired teargas at lunch hour in the central business district. Jeffrey Goldfarb and Robyn Mak discuss renewed concerns about the financial hub’s economic future.
Carl Icahn, already an investor in Xerox, has now bought a stake in HP – which the much smaller Xerox last week offered to buy for more than $30 billion. With scope to merge the printing businesses somehow, the activist could win either way, as Richard Beales explains.
Peugeot’s shares slipped and Fiat Chrysler’s soared since the two automakers announced their merger of equals. The reason: It’s not so equal after all. But with big shareholders and CEO Carlos Tavares on board, Peugeot is probably on a path of no return. Lisa Jucca explains.
Could KKR and Walgreens chief Stefano Pessina reunite to take the $55 bln retailer private? They’ve got prior: Boots was Europe’s biggest leveraged buyout over a decade ago. Once again, the LBO supergroup would need friendly markets and cash-rich allies, Robert Cyran explains.
Bolivia’s three-term president, Evo Morales, resigned amidst protests about possible vote-rigging following October’s election. He helped foster a Bolivian middle class, then outstayed his welcome with them, as Anna Szymanski explains. The immediate question is what happens next.
Nov 8 - The Japanese company led by Masayoshi Son unveiled a $5 bln writedown on WeWork, Uber and other soured bets. Robyn Mak and Alec Macfarlane discuss what this means for SoftBank’s financial health, and whether its visionary founder can restore investor confidence.
Bad guests and dishonest hosts are not welcome at the home-share service, says boss Brian Chesky. He is therefore launching verification for all Airbnb’s 7 million listings. That’s sensible. What’s remarkable is that it’s taken Silicon Valley so long, Jennifer Saba argues.
A suggestion of taking the pharmacy chain private, reported by Reuters, could produce a record $87 billion deal – a major stretch even for today’s capital-rich buyout firms. Still, boss Stefano Pessina has pulled off audacious financial feats before. Robert Cyran explains.
The ride-hailing firm’s $3.5 bln quarterly revenue is growing briskly – yet so are its accounting quirks and food-delivery losses. Meanwhile a slab of insider shares are about to be released from their lockup. It’s not a good moment to be an Uber investor, John Foley argues.
The ousting of McDonald’s chief Steve Easterbrook for a consensual relationship with an employee dented the shares. But investors gain too when companies lay down rules to protect workers and apply them evenly. Other companies haven’t been so responsive. Jennifer Saba explains.