Comcast Corp
A busier movie calendar will lead to a 15% jump in box office sales, JPMorgan predicts
Slow and steady will win the race at the box office this year, according to JPMorgan analyst David Karnovsky. He is predicting a 15% year-over-year jump in North American movie ticket sales to $8.49 billion in 2023. The double-digit gain is driven by two factors. The first is tied to the depressed state of the […]
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WWE’s smaller rival AEW interested in merger, sources say
WWE Chairman and CEO Vince McMahon speaks at a news conference announcing the WWE Network at the 2014 International CES in Las Vegas. Getty Images All Elite Wrestling, a professional wrestling league owned by the Khan family, is interested in merging with World Wrestling Entertainment, according to people familiar with the matter. The Khans, who […]
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Nelson Peltz’s attempt to join Disney’s board could force much-needed accountability
If Nelson Peltz were to win his fight to join Walt Disney ‘s (DIS) board of directors, the activist investor could force a level of accountability at the company that’s sorely needed. Peltz is the CEO and founder of Trian Partners, an investment firm that owns 9.4 million shares of Disney valued at nearly $940 […]
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Nelson Peltz lays out his case for Disney proxy fight, slams Fox acquisition
Disney is facing a proxy fight as Nelson Peltz’s activist firm Trian Fund Management pushes for a seat on its board. Peltz spoke on CNBC’s “Squawk on the Street” on Thursday, making his case for the fight his firm has picked with Disney, raising issues with Disney’s $71 billion acquisition of Fox in 2019 and […]
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‘Top Gun: Maverick’ and Disney were the box business office leaders in an or else comfortable 2022
Tom Cruise in “Leading Gun: Maverick” Supply: Paramount “Leading Gun: Maverick” was the greatest grossing theatrical release in 2022, but its $719 million haul wasn’t more than enough to make its studio, Paramount, ruler of the domestic box workplace. The Tom Cruise-led action film was a juggernaut, producing $719 million in ticket sales in the […]
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Vince McMahon is back at WWE to ensure a smooth sale process. Here’s who might want to buy it
World Wrestling Entertainment Inc. Chairman Vince McMahon is introduced during the WWE Monday Night Raw show at the Thomas & Mack Center August 24, 2009 in Las Vegas, Nevada. Ethan Miller | Getty Images Vince McMahon has returned to the World Wrestling Entertainment board of directors to facilitate potential sale talks ahead of the company’s […]
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Cox launches mobile business, joining Comcast, Charter, Altice
In this photo illustration, the Cox Communications logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Cox Communications is ringing in the new year with the official launch of its mobile business. The privately held cable and internet operator plans to announce the national launch of Cox […]
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2022 was tough for media stocks like Netflix and Disney, and 2023 doesn’t look good, either
In this photo illustration, a hand holding a TV remote control in front of the Disney Plus logo on a TV screen. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Media stocks got rocked this year, with companies losing billions of dollars in market value, as streaming subscriber growth waned and the advertising […]
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‘Avatar: The Way of Water’ nears $900 million globally, boosted by global ticket gross sales
Avatar: The Way of Water Courtesy: Disney Co. Disney and James Cameron’s “Avatar: The Way of Water” snared an believed $56 million all through its second weekend in theaters, a 58% fall from its debut. A decrease in ticket revenue is typical for blockbuster titles, with most seeing a 50% to 70% slip. This metric, […]
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YouTube’s NFL ‘Sunday Ticket’ deal is a win for traditional TV networks, too – here’s why
Los Angeles Chargers running back Austin Ekeler, center, runs for extra yardage while Tennessee Titans linebacker Monty Rice, left, and safety Andrew Adams (47) attempt a tackle during the second half at SoFi Stadium on Sunday, Dec. 18, 2022 in Los Angeles, CA. Allen J. Schaben | Los Angeles Times | Getty Images The National […]
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