Comcast Corp
Why streamers are shrinking their content libraries
Every day the streaming landscape is looking more and more like the beast it sought to slay — cable. Looming talks of platform bundles come as major streamers push ad-supported plans, limit password sharing and lean into live sports coverage. The goal of exponential subscriber growth, fueled by pandemic lockdowns, has shifted. Wall Street wants […]
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NBC's Paris Olympics opening ceremony will play on IMAX screens
A view shows the logo of the Paris 2024 Olympic and Paralympic Games, in Paris, France, March 19, 2024. Benoit Tessier | Reuters Many of the world’s greatest athletes will make their big-screen debut in IMAX theaters this summer. NBC announced Friday that its live coverage of the 2024 Paris Olympics opening ceremony on July […]
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Oscars 2024 live updates: 'Poor Things' is off to a hot start with three wins
Hollywood needs to take more risk on small films, Jefferson says Cord Jefferson wins the Oscar for Best Adapted Screenplay for “American Fiction” during the Oscars show at the 96th Academy Awards in Hollywood, Los Angeles, California, U.S., March 10, 2024. Mike Blake | Reuters Director Cord Jefferson called on Hollywood to spend more money […]
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IMAX 'ran out of seats' for ɽune: Aspect Two' and Legendary Entertainment is interested in ɼomponent 3'
Sandworms arise on the desert world Arrakis in Denis Villeneuve’s “Dune: Section Two.” Warner Bros. | Legendary Entertainment After a two-thirty day period drought, “Dune: Aspect Two” has delivered a a great deal-welcomed deluge of ticket profits to the domestic box place of work — and its achievement could carry a third franchise movie to […]
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'Dune: Part Two' looks to end box office drought with $80 million opening
Timothee Chalamet stars as Paul Atreides in Denis Villeneuve’s “Dune: Part Two.” Warner Bros. | Legendary Entertainment LOS ANGELES — Movie theater operators are hoping that Warner Bros. and Legendary Entertainment’s “Dune: Part Two,” due out in theaters Friday, will be the much-needed oasis amid a drought of blockbuster content. Since the start of the […]
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Warner Bros. Discovery halts merger talks with Paramount Global, sources say
President and C.E.O. of Warner Bros. Discovery David Zaslav speaks during the New York Times annual DealBook summit on November 29, 2023 in New York City. Michael M. Santiago | Getty Images Warner Bros. Discovery has gone “pencils down” on a potential acquisition of Paramount Global, halting talks after several months of kicking the tires […]
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Warner Bros. Discovery misses estimates for revenue and profit but boosts free cash flow
The exterior of the Warner Bros. Discovery Atlanta campus is pictured after the Writers Guild of America began their strike against the Alliance of Motion Pictures and Television Producers, in Atlanta, Georgia, U.S. May 2, 2023. Alyssa Pointer | Reuters Warner Bros. Discovery missed analyst targets for both profit and revenue in the fourth quarter but […]
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Companies — profitable or not — make 2024 the year of cost cuts
Mathisworks | Digitalvision Vectors | Getty Images Corporate America has a message for Wall Street: It’s serious about cutting costs this year. From toy and cosmetics makers to office software sellers, executives across sectors have announced layoffs and other plans to slash expenses — even at some companies that are turning a profit. Barbie maker […]
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Pay TV distributors may be planning their attack against new sports joint venture
A Major League Baseball logo at Angel Stadium in Anaheim, California, May 22, 2022. Ronald Martinez | Getty Images It’s been about a week since Disney, Warner Bros. Discovery and Fox announced a new joint venture to offer live sports outside the traditional cable bundle, and pay TV distributors are still trying to figure out […]
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'Anyone But You' could spark a rom-com renaissance in Hollywood
Glen Powell and Sydney Sweeney star in Sony’s “Anyone But You.” Sony Released just before the crowded Christmas movie season, Sony’s “Anyone But You” seemed destined to be anything but a box-office hit — especially after it tallied just $6 million in ticket sales during its opening weekend. However, the film’s box-office success was as […]
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