2024-11-15

Disney (DIS) earnings Q4 2024

In Disney and Pixar’s “Inside Out 2,” Joy, Sadness, Anger, Fear and Disgust meet new emotions. Disney | Pixar Disney reported its fiscal fourth-quarter earnings Thursday, narrowly beating analyst estimates as streaming growth helped propel its entertainment segment.  The streaming business’ growth and profitability — combined with a blockbuster summer at the box office and further investments in the…

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2024-10-15

Trump or Harris? 2024 stakes for America’s businesses

Former President Donald Trump and Vice President Kamala Harris face off in the ABC presidential debate on Sept. 10, 2024. Getty Images With the U.S. election less than a month away, the country and its corporations are staring down two drastically different options. For airlines, banks, electric vehicle makers, health-care companies, media firms, restaurants and tech giants, the outcome…

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2024-10-07

More than half of top studios’ movies are existing IP

A life-size model of the new Marvel Universe movie “Deadpool & Wolverine” authorized by Disney is seen in Shanghai, China, on July 26, 2024. Cfoto | Future Publishing | Getty Images Hollywood’s franchise frenzy is only just beginning. The 2024 box office has been inundated with sequels, prequels and remakes, with the top 10 titles of the year all…

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2024-08-18

‘Deadpool & Wolverine’ is highest-grossing R-rated film of all time

Hugh Jackman and Ryan Reynolds star in Marvel’s “Deadpool & Wolverine.” Disney The trio of Ryan Reynolds, Hugh Jackman and Shawn Levy has captured lightning in a bottle with “Deadpool & Wolverine.” As of Thursday, the Disney and Marvel film is the highest-grossing R-rated title of all time, surpassing Warner Bros.’ “Joker.” With $516.8 million in domestic ticket sales…

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2024-08-18

Streaming is getting more expensive for consumers. Here’s why

Jaque Silva | SOPA Images | Lightrocket | Getty Images Streaming is finally starting to pay off for media companies, but there’s a catch — to get there, consumers are facing higher subscription costs and increasingly frequent price hikes. Legacy media companies entered the streaming market with a focus on gaining subscribers and competing with category leader Netflix as…

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2024-08-13

‘Deadpool & Wolverine’ tops $1 billion at the global box office

Ryan Reynolds and Hugh Jackman star in Marvel’s “Deadpool & Wolverine.” Disney The “Merc with a Mouth” is breaking even more box office records. Over the weekend, Disney and Marvel’s “Deadpool & Wolverine” became only the second R-rated film to top $1 billion at the global box office. And it’s on its way to becoming the highest-grossing R-rated film…

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2024-08-10

Paramount Global (PARA) Q2 earnings report 2024

The Paramount Studios in Los Angeles on April 29, 2024. Eric Thayer | Bloomberg | Getty Images Paramount Global is cutting 15% of its U.S. workforce, or about 2,000 jobs, part of a broader cost-cutting plan as it prepares for a merger with Skydance Media. Paramount has identified $500 million in cost savings, which include the head count reductions,…

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2024-08-10

Warner Bros. Discovery CEO Zaslav facing pressure to deliver value

David Zaslav attends the world premiere of “The Flash”, in Hollywood, Los Angeles, California, U.S., June 12, 2023. Mike Blake | Reuters Warner Bros. Discovery CEO David Zaslav needs a win. Soon. Since merging Discovery with WarnerMedia in 2022 and immediately slashing billions in costs, Zaslav has struggled to convince shareholders that his company is a worthy investment. Warner…

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