Entertainment
Carnival CEO Arnold Donald stepping down, COO Josh Weinstein to become new chief
CNBC’s Seema Mody joins ‘Squawk on the Street’ to report that Carnival CEO Arnold Donald plans to step down from his position on Aug. 1. Source
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Warner Bros. Discovery posts 13% revenue jump, 2 million new streaming subscribers in Q1
David Zaslav Anjali Sundaram | CNBC Warner Bros. Discovery reported a 13% revenue jump and consistent streaming subscriber growth for its fiscal first quarter Tuesday. The results don’t include first-quarter performance from WarnerMedia, which Discovery bought this month. The company reported revenue of $3.16 billion and net income of $456 million. Shares rose as much as […]
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People are getting travel ideas from social media — often with hilarious results
Nearly one in three travelers turn to social media for holiday inspiration, according to a new study. The figures are even higher for younger travelers. Some 60% of Gen Zs and 40% of millennials use social media for travel purposes, according to an April 2022 report by the travel company Arrivia. On TikTok alone, the […]
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Chinese start-up Nreal is launching its augmented reality glasses in the UK this spring
Attendees look at NReal’s augmented reality glasses, on the last day of CES 2019 in Las Vegas, Nevada. Robyn Beck | AFP | Getty Images Nreal, a Chinese augmented reality start-up, is planning to bring its smart glasses to the U.K. The Beijing-based company said Tuesday it will launch its Nreal Air AR glasses in […]
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Citi downgrades Formula One to neutral, says record performance is already priced in
Record financial performance is already priced in to Formula One’s stock, according to Citi. Source
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What doomed CNN+? How rival strategies and executive intrigue fueled the streaming service’s rapid demise
Executive producer Chris Licht of the television show Our Cartoon President speaks onstage during the CBS/Showtime portion of the 2018 Winter Television Critics Association Press Tour at The Langham Huntington, Pasadena on January 6, 2018 in Pasadena, California. Frederick M. Brown | Getty Images Chris Licht wasn’t supposed to start his new job as CNN’s […]
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Movie theater owners are optimistic ticket sales can continue to recover as the key summer season approaches
Still from “Doctor Strange in the Multiverse of Madness.” Disney Superhero flicks have kept the box office afloat this year, spurring movie theater operators to think that audiences might finally be ready to return to cinemas en masse. Domestic ticket sales for the first four months of the year are still down around 40% compared […]
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Netflix is finally going after password sharing. Here’s how it’s likely to work
Netflix signage next to the Nasdaq MarketSite in New York, U.S., on Friday, Jan. 21, 2022. Michael Nagle | Bloomberg | Getty Images Netflix surprised the world this week, saying it plans to finally address the rampant practice of password sharing. More than 100 million households are using a shared password, Netflix said Tuesday, including […]
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How the Golden State Warriors plan to become more than a basketball team
Stephen Curry #30 of the Golden State Warriors drives to the basket during the game against the Washington Wizards on March 14, 2022 at Chase Center in San Francisco, California. Noah Graham | National Basketball Association | Getty Images The Golden State Warriors are getting back to business. After two years of pandemic challenges, the […]
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Florida Gov. DeSantis signs bill revoking Disney’s special district status
View of the Walt Disney statue in front of Cinderella Castle inside the Magic Kingdom Park at Walt Disney World Resort in Lake Buena Vista, Florida. Getty Images Florida Gov. Ron DeSantis on Friday signed into law a bill revoking the Walt Disney Company’s special district status in the state, just days after the legislation […]
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