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‘Wicked: For Good’ soars to $150 million domestic opening
Ariana Grande and Cynthia Erivo star in Universal’s “Wicked: For Good.” Universal Universal’s “Wicked: For Good” defied gravity at the box office, snaring an estimated $150 million from domestic ticket sales. It marks the second-highest opening weekend for a film released in 2025, just behind Warner Bros.’ “A Minecraft Movie,” which tallied $163 million back […]
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Paramount, Comcast, Netflix submit bids for Warner Bros. Discovery
Paramount Skydance, Comcast and Netflix formally submitted takeover offers for Warner Bros. Discovery this week ahead of a deadline for first round offers, according to people familiar with the matter. Paramount Skydance and its advisors had been weighing in recent days whether to submit a higher bid than its previous $23.50-per-share offer that WBD rejected, […]
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Netflix is finally leaning into a key piece of the media playbook: Merchandising
People linger in the restaurant of the Netflix House experience center. Andrej Sokolow | Picture Alliance | Getty Images Netflix was the early leader in streaming. It’s been later to another crucial piece of the media playbook — merchandising and live events. The streamer has only recently begun adopting tried-and-true marketing methods that have been […]
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Stocks making the biggest premarket moves: Warner Bros. Discovery, Cidara Therapeutics, Avadel Pharmaceuticals and more
Check out the companies making headlines before the bell. Cidara Therapeutics — Shares of Cidara surged 103% after Merck agreed to buy the company for close to $9.2 billion in cash. Merck fell 1%. Avadel Pharmaceuticals — Danish drugmaker Lundbeck offered to acquire the pharmaceutical company for as much as $23 per share, topping biotech […]
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CNBC’s UK Exchange newsletter: Rightmove’s AI gamble is a cautionary tale for UK investors
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch Last Friday brought investors in Rightmove a new and unwelcome experience — a violent stock price correction. Shares of the U.K.’s biggest property portal, which hit a record in late July, fell by 28% at one […]
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Comcast’s Sky in talks to buy ITV’s media unit for $2.15 billion
British broadcaster ITV said on Friday it was in talks with pay-TV company Sky, owned by Comcast, over a potential sale of its media and entertainment (M&E) unit for 1.6 billion pounds ($2.15 billion) including debt. ITV’s M&E division, which includes its free-to-air channels and its ITVX streaming platform, is dependent on advertising, and the […]
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WBD targets Christmas deadline for announcing a sale or split, leaving Paramount in limbo
Paramount Skydance CEO David Ellison speaks during the Bloomberg Screentime conference in Los Angeles on October 9, 2025. Patrick T. Fallon | Afp | Getty Images Paramount Skydance has a clear holiday wish this year: acquiring Warner Bros. Discovery. Fittingly, it may have to wait until Christmas to find out if Santa Zaslav delivers. Warner […]
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Evolve Bank CEO fired after propositioning FBI agent who pretended to be a teen boy
Evolve Bank CEO Bob Hartheimer booking photo. Source: Shelby County Jail Bob Hartheimer, CEO of Tennessee’s Evolve Bank & Trust, was fired after U.S. law enforcement officials caught him propositioning a law enforcement officer posing as a 15-year-old boy on gay dating app Grindr. On Oct. 19, an employee of the Federal Bureau of Investigation […]
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Stocks making the biggest moves premarket: Alphabet, Microsoft, Meta Platforms, Eli Lilly, Merck & more
Check out the companies making headlines before the bell: Alphabet — The search giant jumped more than 7% after strong results that were boosted by revenue from Google Cloud and YouTube advertising. Alphabet earned $3.10 per share, on an adjusted basis, more than the $2.33 per share expected by analysts polled by LSEG. Revenue of […]
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Big Tech earnings, Fed cuts rates, Trump-Xi meeting and more in Morning Squawk
Stocks on display at the Nasdaq on Sept. 10, 2025. Danielle DeVries | CNBC This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Magnificent or not? Magnificent Seven members Alphabet, Microsoft and Meta Platforms all beat […]
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