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‘Barbenheimer’ gets off to hot start with .8 million in combined Thursday sales
Business

‘Barbenheimer’ gets off to hot start with $32.8 million in combined Thursday sales

Cillian Murphy in Oppenheimer and Margot Robbie as Barbie Julien De Rosa | AFP | Getty Images; Stuart C. Wilson | Getty Images “Barbenheimer” is off to a red-hot start at the domestic box office. One-half of the viral internet meme, “Barbie,” snared $22.3 million in Thursday night preview tickets, the most of any film […]

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Netflix earnings showcase toughness as the relaxation of the media business struggles
Technology

Netflix earnings showcase toughness as the relaxation of the media business struggles

LOS ANGELES, CALIFORNIA – JUNE 12: CEO of Netflix Ted Sarandos attends Netflix’s FYSEE celebration for “Squid Activity” at Raleigh Studios Hollywood on June 12, 2022 in Los Angeles, California. (Image by Charley Gallay/Getty Photos for Netflix) Charley Gallay | Getty Illustrations or photos Entertainment | Getty Photos The main takeaway from Netflix‘s next quarter […]

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‘Barbenheimer’ opening weekend could top 0 million, a jolt for Hollywood’s soft box office
Business

‘Barbenheimer’ opening weekend could top $200 million, a jolt for Hollywood’s soft box office

Cillian Murphy in Oppenheimer and Margot Robbie as Barbie Julien De Rosa | AFP | Getty Images; Stuart C. Wilson | Getty Images This weekend at the box office is all about atomic bombs and blonde bombshells. Typically when two big movies from two different studios hit theaters at the same time, it’s a competition […]

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Hollywood actors’ strike leaves San Diego Comic-Con light on star power
Business

Hollywood actors’ strike leaves San Diego Comic-Con light on star power

Visitors and cosplayers at a poster at San Diego Comic-Con. Ullstein Bild | Ullstein Bild | Getty Images San Diego Comic-Con will return to is roots this weekend, as Hollywood A-listers skip out on promotional panels and walk picket lines in Los Angeles. Actors went on strike last Friday, effectively shutting down the film and […]

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The media industry is in turmoil, and that’s not changing any time soon
Technology

The media industry is in turmoil, and that’s not changing any time soon

Striking Writers Guild of America (WGA) members walk the picket line in front of Netflix offices as SAG-AFTRA union announced it had agreed to a ‘last-minute request’ by the Alliance of Motion Picture and Television Producers for federal mediation, but it refused to again extend its existing labor contract past the 11:59 p.m. Wednesday negotiating […]

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Elon Musk states Twitter dollars move is destructive because of to ad income declines, ‘heavy debt’
Technology

Elon Musk states Twitter dollars move is destructive because of to ad income declines, ‘heavy debt’

SpaceX, Twitter and electric motor vehicle maker Tesla CEO Elon Musk seems on as he speaks during his pay a visit to at the Vivatech technological innovation startups and innovation reasonable at the Porte de Versailles exhibition heart in Paris, on June 16, 2023. (Picture by Alain JOCARD / AFP) (Photograph by ALAIN JOCARD/AFP through […]

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Where have all the billion-dollar movies gone? So far, only Mario’s been super this year
Business

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
Business

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
Technology

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
Business

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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