Comcast Corp
NFL Sunday Ticket still up for grabs as Apple pushes for flexibility with game rights
Kansas City Chiefs quarterback Patrick Mahomes (15) is sacked by Los Angeles Chargers linebacker Drue Tranquill (49) in the first quarter at Arrowhead Stadium on Thursday, Sept. 15, 2022, in Kansas City, Missouri. Tammy Ljungblad | Tribune News Service | Getty Images The National Football League season is heading into Week 6, and it’s still […]
Read More
Stocks making the biggest moves midday: Digital World, Domino’s, Revlon, Albertsons and more
Revlon signage is seen on display in a Boots store in London, Britain, June 16, 2022. Hannah McKay | Reuters Check out the companies making headlines in midday trading. Digital World Acquisition — The company planning to take Donald Trump’s media company Truth Social public surged 20%, continuing its ascent on an announcement Wednesday that […]
Read More
Jim Cramer says to avoid stocks in the ‘house of pain’ Nasdaq 100 index
CNBC’s Jim Cramer on Wednesday warned investors to avoid the stocks in the Nasdaq 100 and highlighted the worst-performing stocks during the third quarter. “These seven biggest losers from the third quarter are simply representative of the House of Pain the index has become. By the way, if you’re living in a house of pain, […]
Read More
Streaming bundles are forming, but really don’t be expecting a cable Tv-like offer any time soon
The Disney+ website on a laptop laptop or computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Photos A contradiction is establishing in the world of streaming media, and it revolves around bundling. There is certainly a consistent drumbeat of expectation that streaming companies […]
Read More
NBCUniversal CEO Jeff Shell says movie business is ‘better economically’ with new release model
CEO of NBC Jeff Shell arrives for the Allen & Company Sun Valley Conference on July 06, 2021 in Sun Valley, Idaho. After a year hiatus due to the COVID-19 pandemic the world’s most wealthy and powerful businesspeople from the media, finance, and technology will converge at the Sun Valley Resort for the exclusive week-long […]
Read More
Paramount’s peak earnings growth is likely in the past, Wells Fargo says in downgrade
Wells Fargo is shifting its perspective on Paramount , believing the entertainment company may have surpassed its peak earnings growth. “The transition to streaming appears to be the right one, but earnings might need another structural reset lower, even after streaming loses abate,” wrote analyst Steven Cahall in a note to clients Tuesday. “We don’t […]
Read More
Lionsgate leaning toward spinning off its studio business instead of Starz
Michael Burns Michael Newberg | CNBC Lionsgate is leaning toward spinning off its studio division rather than its Starz cable and streaming unit, according to people familiar with the matter. This would be a change in strategy for the media and entertainment company, which said in May it expected to finalize a spin or sale […]
Read More
Amazon briefly closes some Florida warehouses as Hurricane Ian approaches
Packages transfer along a conveyor at an Amazon achievement centre on Cyber Monday in Robbinsville, New Jersey, U.S., on Monday, Nov. 29, 2021. Michael Nagle | Bloomberg | Getty Images Amazon is quickly closing warehouses in elements of Florida as Hurricane Ian churns towards the state. The enterprise on Tuesday shuttered web pages in the […]
Read More
Walt Disney World, Universal Studios Orlando to close parks as Hurricane Ian approaches Florida
Cinderella Castle in Walt Disney World. Roberto Machado Noa | Lightrocket | Getty Images As Hurricane Ian nears the west coast of Florida, the Walt Disney Company and Comcast’s Universal Studios are preparing to close their Orlando-based theme parks for at least two days. Disney announced Tuesday that Animal Kingdom, Hollywood Studios, Epcot and Magic […]
Read More
‘The Woman King’ poised for big box-office run after surprisingly strong opening weekend
Viola Davis stars in Sony’s “The Woman King.” Sony During a lull in the movie calendar, Gina Prince-Bythewood’s “The Woman King” is generating the kind of buzz — and ticket sales — that the box office desperately needs. The action-packed film about an all-female regiment of warriors brought in $19 million at the domestic box […]
Read More