Investing and Global Finance News

Author Archives: Margaret Montevedeo

Bobby Sharma of Bluestone Equity Partners Invests in Theater

Bobby Sharma of Bluestone Equity Partners has a reason to watch the 2024 Tony Awards. Sharma, founder and managing partner of the firm, is now an investor in entertainment agency RWS Global. The company specializes in live entertainment, including Broadway productions of The Lion King, Chicago, and Life of Pi. As the Broadway award show airs in June, it will surely be interesting to see how his new investment stands to grow.

Sharma founded Bluestone after a successful tenure as Vice President of the NBA. He has since invested $20 million in RWS Global, as the agency seeks to extend its reach into the field of live sports entertainment. Sharma’s strategic vision aims to blend the thrill of live sports with the allure of theatrical productions, creating a unique entertainment experience for audiences worldwide.

RWS Global’s expanding portfolio offers something for everyone, from theme parks to cruises to cultural events around the world. The company’s innovative approach to entertainment has positioned it as a leader in the industry, with a commitment to delivering high-quality, immersive experiences. Sharma’s investment will not only enhance RWS Global’s current offerings but also enable the development of new projects that push the boundaries of live entertainment. With Sharma’s expertise and resources, RWS Global is poised to achieve unprecedented success in the coming years.

Concerns about Holiday Spending

The upcoming holiday season poses challenges for U.S. retailers in apparel, electronics, and home improvement sectors. Businesses are unsure if increased discounts will drive anticipated consumer spending. October’s sales figures indicated a slowdown in economic demand, leading to a mixed holiday outlook as retailers gear up for Christmas shopping. To entice consumers during Thanksgiving, retailers… Continue Reading

Blackberry May Put Itself on the Market

Blackberry, previously known as RIM, is weighing its options as it continues to lose popularity throughout the hi-tech world. Though its keyboards are favored by many, the majority of Blackberry’s consumers have abandoned it for the iPhone and its look-alikes, including the Samsung Galaxy and Google’s Nexus. The Canadian smartphone company is considering selling, and… Continue Reading

Scott Stanford sobre Facebook y IPOs

A principios de este año, la CNBC entrevistó al ex director general de Goldman, Scott Stanford, y discutieron acerca de Facebook y su desarrollo desde su inversión. Como banquero que ha guiado algunos de los más grandes IPOs en el mundo de la tecnología, Stanford ha invertido en Facebook, Groupon y Alibaba entre otros. Stanford… Continue Reading