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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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‘Avatar: The Way of Water’ needs a strong second week at the box office
Avatar: The Way of Water Courtesy: Disney Co. All eyes are on “Avatar: The Way of Water’s” second week at the box office. James Cameron’s long-awaited sequel to the highest-grossing film of all time fell short of initial box-office expectations during its debut last week. The film snared $134 million domestically, short of the $175 […]
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NFL ‘Sunday Ticket’ goes to YouTube in seven-calendar year, $2 billion yearly deal
The Nationwide Football League announced Thursday its “Sunday Ticket” subscription package would go to Google‘s YouTube Tv commencing subsequent time, marking the league’s 2nd media legal rights deal with a streaming support. YouTube will spend approximately $2 billion a year for the residential legal rights of the “Sunday Ticket” deal, in accordance to individuals common […]
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Three Marvel sequels are the most anticipated movies of 2023, according to Fandango
Still image from Spider-Man Into The Spider-Verse Source: Sony Pictures Movie fans apparently can’t get enough of superheroes. A trio of upcoming Marvel movies − the newest installments of the Guardians of the Galaxy, Spider-Man and Ant-Man franchises − are the top three most anticipated films for 2023, according to a new survey by Fandango. […]
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What’s next for Netflix, Disney and the NFL? 12 media executives predict 2023’s big moves
Andrew Ross Sorkin speaks with Netflix founder and Co-CEO Reed Hastings during the New York Times DealBook Summit in the Appel Room at the Jazz At Lincoln Center on November 30, 2022 in New York City. Michael M. Santiago | Getty Images Back by popular demand (OK, fine, I just wanted to do this again), […]
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Gen Z loves Minions, horror and Dwayne ‘The Rock’ Johnson
Group of cheerful people laughing while watching movie in cinema. Zoran Zeremski | Istock | Getty Images Gen Z has been an enigma to the entertainment industry for years. But now there’s more insight into what they like. The short answer: Minions and Dwayne “The Rock” Johnson, according to new data from decision intelligence company […]
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Paramount shares fall as CEO lowers fourth-quarter ad revenue forecast
In this photo illustration, the Paramount Global logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Shares of Paramount Global fell Tuesday after CEO Robert Bakish warned that fourth-quarter advertising revenue would be lower than the company’s sluggish third-quarter figures. “The current market is challenging and we’re […]
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David Zaslav’s top priority at Warner Bros. Discovery: Get the cash flowing again
David Zaslav Olivia Michael | CNBC A few months ago, after a lengthy and sobering review of Warner Bros. Discovery‘s business, Chief Executive David Zaslav gave his division heads a cutthroat mission. Pretend your units are family businesses, Zaslav said. Start from scratch and prioritize free cash flow, he added, according to people familiar with […]
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