Entertainment
Comcast’s cable network spinoff may be a signal to the media industry for necessary change
Nikolas Kokovlis | Nurphoto | Getty Images Comcast shares posted modest gains Wednesday after the company announced its plan to spin off all of NBCUniversal’s cable networks — except Bravo — into a separately publicly traded entity. Investors’ initial shrug at the proposed transaction underscores the uncertainty of the maneuver. The hope for Comcast is […]
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Disney debuts its latest cruise ship, Treasure, as part of a plan to double its fleet by 2031
The captain of the Disney Treasure is Voyager Minnie, a version of the character that is specially costumed for the cruise ship. Disney The Disney fleet is expanding. Next month, the Disney Treasure cruise ship will make its maiden voyage from Port Canaveral, Florida, to the Caribbean, officially becoming the sixth ship in the company’s […]
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Comcast will announce the spinoff of cable networks Wednesday, CNBC source says
The Comcast NBC logo is shown on a building in Los Angeles, California, June 13, 2018. Mike Blake | Reuters Comcast is moving forward the spinoff of its cable network channels, a source familiar with the matter told CNBC’s Julia Boorstin on Tuesday. The separation is expected to take about a year, and an announcement […]
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1 in 5 Americans get their news from social media influencers
About 1 in 5 Americans say they regularly get their news from “news influencers” on social media, according to a new study by the Pew Research Center. The rise of social media personalities doling out information was particularly true among the youngest users, and comes at a time of heightened polarization surrounding the U.S. presidential […]
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NBA, Warner Bros. Discovery agree to settle lawsuit over live game rights
NBA Commissioner Adam Silver at the Allen & Company Sun Valley Conference on July 10, 2024 in Sun Valley, Idaho. David Grogan | CNBC Warner Bros. Discovery agreed to end its quest to own a package of live National Basketball Association games in the U.S. for the 2025-26 season and beyond, settling all of its legal […]
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AMC is poised to ride the box office rebound, as long as its debt doesn’t get in the way
Cars drive near an AMC Theater in New York City on March 29, 2023. Leonardo Munoz | View Press | Corbis News | Getty Images The domestic box office is on the rebound, having posted its highest third-quarter ticket sales since the pandemic. The world’s largest movie theater chain, however, isn’t on such solid footing. […]
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Thailand legalizing same-sex marriage is likely to bring a flood of tourists
Thailand’s same-sex marriage legislation, scheduled to come into effect in January 2025, could attract an additional 4 million tourists to the country per year, according to a report commissioned by the travel company Agoda. The report published Thursday estimates the country’s marriage equality law may increase tourism arrivals by 10%, netting the country an extra […]
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K-pop agencies mostly struggled in third quarter — but 2025 may bring financial recovery
JYP Entertainment’s boy group Stray Kids attends the 2024 SBS Music Awards Summer in Seoul. The group’s activities has given its parent company a “dramatic rebound to profitability” The Chosunilbo Jns | Imazins | Getty Images K-pop businesses mostly continued to struggle in the third quarter of the year, with three of South Korea’s four […]
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Disney is turning record parks profits — even before its big expansions
People walk in front of Cinderella’s Castle at the Magic Kingdom Park at Walt Disney World on May 31, 2024, in Orlando, Florida. Gary Hershorn | Corbis News | Getty Images All is well in the Magic Kingdom. Disney’s theme park division posted record revenue and profit in fiscal 2024, with revenues rising 5% for […]
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Hundreds of hotel workers go on strike at a casino near the Las Vegas Strip
Virgin Hotels Las Vegas is illuminated on Wednesday, March 24, 2021, in Las Vegas. Benjamin Hager | Las Vegas Review-Journal via AP Hundreds of hotel workers at a casino near the Las Vegas Strip went on strike just before dawn Friday after a long and highly publicized fight for a new contract. The strike at […]
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