With leisure travel down due to the wheels falling off the economy, Marriott Hotels International and hip boutique hotelier Ian Schrager have formed a lifestyle boutique brand partnership. The new opposites attract marital brand called ‘Edition’ with plans to have at least 100 boutique hotels including Costa Rica, Paris...
Check out one of the biggest names in the hospitality industry Marriott’s President & COO Arne Sorenson, as he joins the hosts of CNBC’s “Squawk Box” to provide insight on the lodging industry’s recovery and how Marriott is doing heading into 2011. Arne talks about how corporate travel is...
Liberty Media Chairman John Malone has been named interim chairman of the board of Live Nation Entertainment in the wake of IAC/Interactive Corp boss Barry Diller’s resignation. Mogul Barry Diller was rumored to have resigned because of a power struggle with Live Nation’s small but very mighty executive chairman...
Even Hollywood can’t avoid being hit hard by the awful economy. Powerhouse agency CAA has just formed a non-controlling 35% partnership with TPG Capital to the tune of $500 million. The fund will of course serve to pay for future acquisitions and also help continue to grow the...
MTV programming veteran Tony DiSanto is leaving after 20 years and bringing his long-time colleague Liz Gateley over to production whiz Ben Silverman’s newish company Electus, which is financed by Internet Mogul Barry Diller’s company, IAC. The new company DiGa will focus on all programming from reality and scripted...
Talk about awkward. What next, Kim Basinger goes running back to Alec? Rumors are flying that Katie, whose contract with CBS expires in May, has been talking to the peacocks and may be discussing a return to the Today Show when Meredith leaves because she's homesick. The Today Show,...
Real Estate mogul, Donald Trump wants to put America back to work, and so does NBC. The new season of ‘The Apprentice’ returns for a two hour premiere tomorrow at 9pm and gives 16 new candidates ranging in age, the opportunity of a lifetime and a chance to work...
Cindy Adams told me over the weekend that she is returning to her throne at The New York Post next week. I literally ran in to the long time gossip columnist on my daily run on the Upper East Side and the famed writer told me “it’s been tough”...
Billionaire Haim Saban, the Israeli-American media proprietor, just bought lifestyle company Paul Frank Industries. Ranked by Forbes as the 102nd richest person in America with an estimated net worth of 2.8 billion, the mogul oversaw the acquisition of the Southern California design, licensing and retail operation known best for...
Tom Cruise and Matt Damon are about to be in business with Oracle Corp giant Larry Ellison’s son, David. We’ll sort of, anyway. According to The New York Times, Oracle’s chief Larry Ellison’s 27 year old son David has cut a four-year film co-financing deal with Paramount Pictures, Viacom’s...