Comcast Corp
Comcast revenue and profit top estimates as Universal theme park sales soar
A general view of the “SUPER NINTENDO WORLD” entrance at Universal Studios Hollywood on February 16, 2023 in Universal City, California. Rodin Eckenroth | Getty Images Entertainment | Getty Images Comcast topped both revenue and profit estimates in the third quarter as the company added 294,000 wireless customers and NBCUniversal’s theme park sales soared, the […]
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Paramount’s Shari Redstone is open for business, but business may not be open for her
Shari Redstone, president of National Amusements and controlling shareholder of Paramount Global, walks to a morning session at the Allen & Company Sun Valley Conference in Sun Valley, Idaho, July 12, 2023. David A. Grogan | CNBC Shari Redstone may have missed her window. Paramount Global‘s controlling shareholder is open to a merger or selling […]
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Comcast, Disney hire investment banks to value Hulu as sale process makes progress
Bob Iger, CEO, Disney, and Brian Roberts of Comcast Getty Images Comcast and Disney have hired investment banks to value Hulu, the next step in what’s been a nearly five-year process to put the streaming service under one owner. Comcast, which owns one-third of Hulu, has hired Morgan Stanley, and Disney, which owns the other […]
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Delta states Hollywood, auto strikes are denting enterprise journey
A Delta Airways passenger jet strategies to land at LAX for the duration of the outbreak of the coronavirus sickness (COVID-19) in Los Angeles, California, U.S., April 7, 2021. Mike Blake | Reuters Current strikes by Hollywood expertise and United Vehicle Employees union customers are a “drag” on business enterprise travel demand, which is usually […]
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Here’s a rapid-fire update on all 36 stocks in our portfolio, including our latest addition
Jim Cramer ran through the names during the Club’s October Monthly Meeting on Wednesday. Source
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Hollywood writers ratify new contract with studios
Writers Guild of America (WGA) East members walk a picket line at the Paramount+ Summit outside the Paramount Building in Times Square on May 17, 2023 in New York City. Alexi Rosenfeld | Getty Images Entertainment | Getty Images The Writers Guild of America has officially ratified its new three-year contract with Hollywood studios. The […]
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‘The Exorcist: Believer’ now faces its biggest foe: Taylor Swift
Scene from the upcoming film: The Exorcist: Believer. Universal Studios “The Exorcist: Believer” possessed the box office during its opening weekend, but industry experts wonder if it will continue to turn heads in the weeks to come. The Universal and Blumhouse collaboration, the first of three planned films, tallied $26.5 million during its debut, making […]
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Streaming companies chase Spanish-language sports rights to capture growing Hispanic viewership
Roberto Firmino of Liverpool shoots whilst under pressure from Eder Militao of Real Madrid during the UEFA Champions League Quarter Final Second Leg match between Liverpool FC and Real Madrid at Anfield on April 14, 2021 in Liverpool, England. Shaun Botterill | Getty Images Sport | Getty Images Streaming platforms are chasing live sports rights […]
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NBA can shift the balance of power in media with its next rights deal
Jimmy Butler #22 of the Miami Heat dribbles against Jamal Murray #27 of the Denver Nuggets during the fourth quarter in Game Five of the 2023 NBA Finals at Ball Arena on June 12, 2023 in Denver, Colorado. Justin Edmonds | Getty Images Sport | Getty Images The National Basketball Association’s upcoming decision on which […]
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‘The Exorcist: Believer’ and Hispanic audiences: A match made in horror movie heaven
Still from the set of “The Exorcist: Believer.” Courtesy: Universal Studios Take it on faith. The new “Exorcist” movie will draw big Hispanic audiences. Universal is seeing stronger-than-average Hispanic interest for “The Exorcist: Believer” as the movie heads into its opening weekend, according to people familiar with the matter. This fits a pattern among recent […]
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