Here are some of the latest stories from the world of entertainment:
- On this day in 1967, two psychedelic rock classics were released: Jefferson Airplane’s “White Rabbit” and Procol Harum’s “Whiter Shade of Pale”. Both songs became hits and influenced generations of musicians and listeners. In 1972, Helen Reddy released another iconic song: “I Am Woman”, which became an anthem for the feminist movement. In 1973, Al Kooper reunited with the original Blues Project for a concert in New York’s Central Park.
- AMC Entertainment stock (NYSE:AMC) slipped 8% Thursday, but the move was linked to a 7.1% gain in AMC Preferred Equity units (NYSE:APE). The reason behind these moves is yet another in a long list of legal developments around the theater chain’s most prominent effort to raise new funds. AMC is trying to settle a lawsuit with APE investors who claim they were misled about the terms of their investment. APE units are convertible into AMC common shares at a fixed price of $13.51, which is well below the current market value of AMC stock.
- Dermot Mulroney walked away from his guest appearance on “The View” on Friday, after he learned that the show’s writers were on strike. The “Secret Invasion” star was supposed to promote his new Marvel series, but he decided to stand in solidarity with the writers who are demanding better pay and working conditions. Mulroney said he was not aware of the strike until he arrived at the studio, and he apologized to the hosts and viewers for leaving.
