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Where have all the billion-dollar movies gone? So far, only Mario’s been super this year
Chris Pratt and Charlie Day voice Mario and Luigi in Universal and Illumination’s “The Super Mario Bros. Movie.” Universal LOS ANGELES — It’s the billion-dollar question: Why are mega blockbusters in short supply this year? Universal’s “The Super Mario Bros. Movie” is the only movie released in 2023 to so far eclipse the $1 billion […]
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Actors union will go on strike, shutting down Hollywood
Hollywood actors are officially headed to the picket line. Unable to reach a deal with producers, members of The Screen Actors Guild – American Federation of Television and Radio Artists will join up with more than 11,000 already striking film and television writers starting at midnight. “We are the victims here,” said Fran Drescher, president […]
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Disney is open to acquiring a new strategic associate for ESPN, Iger says
Disney is open to likely selling an fairness stake in ESPN and is looking for a strategic spouse in the company as it prepares to changeover the athletics network to streaming, CEO Bob Iger mentioned Thursday. The linear Television set business has degraded around the earlier 12 months extra than Iger envisioned, the Disney CEO […]
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Disney CEO Iger opens door to unloading TV assets as linear business struggles
Disney CEO Bob Iger opened the door to selling the company’s linear TV assets as the business struggles during the media industry’s transition to streaming and digital offerings. Iger appeared on CNBC on Thursday, the morning after the company announced it would extend his contract by two years through 2026. He returned to the helm […]
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The 2023 movie box office will need a strong second half after an inconsistent first six months
Skynesher | E+ | Getty Images LOS ANGELES — The 2023 box office is inching closer to pre-pandemic levels, but inconsistent performances from blockbuster features in the first six months of the year will put a lot of pressure on second-half releases. While the domestic box office has tallied $4.46 billion in ticket sales through […]
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Legacy media companies enter dark times as failures mount and Netflix rises again
Bob Iger, CEO of The Walt Disney Company, left; David Zaslav, CEO and president of Warner Bros. Discovery, center; and Bob Bakish, president and CEO of Paramount Global. Getty Images Companies and industries have ups and downs. The legacy media industry is in a valley. The first half of 2023 has been a colossal disappointment […]
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Twitter to aim on video, commerce in business enterprise revamp
Twitter CEO Elon Musk, remaining, speaks with Linda Yaccarino on April 18, 2023. Musk announced Could 11, 2023 that he was stepping down from the position and a day later on named Yaccarino as Twitter’s new CEO. Rebecca Blackwell | AP Twitter ideas to emphasis on movie, creator and commerce partnerships to revitalize the social […]
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Disney looks to get out of animation rut with Pixar’s ‘Elemental’
Disney and Pixar’s latest animated feature is “Elemental.” Disney The stakes are high as Pixar releases its 27th feature film in theaters this Friday. “Elemental,” a romantic immigrant story told through anthropomorphic elements of nature, arrives as Disney is under pressure to prove it hasn’t lost its golden touch in animation. The company, which operates […]
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‘Spider-Person: Across the Spider-Verse’ opens to $120.5 million, next-optimum debut of 2023
However from Sony’s “Spider-Male: Throughout the Spider-Verse.” Sony Spider-Person returned to the major monitor this weekend, webbing up an believed $120.5 million at the domestic box workplace. Sony’s “Spider-Guy: Throughout the Spider-Verse,” the much expected sequel to the Academy Award-profitable “Spider-Guy: Into the Spider-Verse,” had the 2nd-largest opening of 2023, just at the rear of […]
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Telecom shares tumble on report Amazon considers launching cell assistance for Primary users
Fireplace smartphone by Amazon.com Krisztian Bocsi | Bloomberg | Getty Photographs Amazon is in talks with quite a few wireless carriers about launching a cellular company for Prime users, in accordance to a report from Bloomberg. The news despatched shares of telecom stocks lower Friday. Verizon fell much more than 4% in early trading, although […]
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