Lions Gate Entertainment Corp
Musk threatens ‘thermonuclear lawsuit’ versus media watchdog, calls advertisers ‘oppressors’
Elon Musk lashed out at large advertisers and Media Issues, a media watchdog team, on Friday soon after many major manufacturers made the decision to pause paying on X, the social media system he owns and operates as CTO. Musk wrote late Friday evening, “The break up next courtroom opens on Monday, X Corp will […]
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Hunger Games prequel heads for $50 million opening weekend
Tom Blyth and Rachel Zegler star as Coriolanus Snow and Lucy Gray Baird in Lionsgate’s “Hunger Games: The Ballad of Songbirds and Snakes.” Lionsgate “Snow lands on top.” It’s the mantra of the main character Coriolanus Snow in the upcoming “Hunger Games: The Ballad of Songbirds and Snakes” and the hope of its distributor Lionsgate. […]
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How Disney can save the Marvel Cinematic Universe
ANAHEIM, CALIFORNIA – AUGUST 24: President of Marvel Studios Kevin Feige took part today in the Walt Disney Studios presentation at Disney’s D23 EXPO 2019 in Anaheim, Calif. (Photo by Jesse Grant/Getty Images for Disney) Jesse Grant | Getty Images Entertainment | Getty Images What is the Marvel Cinematic Universe without heroes like Iron Man, […]
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Disney’s board is in focus as activist investor Nelson Peltz considers his next move
Nelson Peltz, founder and chief executive officer of Trian Fund Management, during the Future Investment Initiative (FII) Institute Priority Summit in Miami, Florida, on Thursday, March 30, 2023. Marco Bello | Bloomberg | Getty Images Company boards tend to want to stay out of the spotlight. Activist investor Nelson Peltz may be intent on making […]
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Starz to lay off more than 10% of employees ahead of Lionsgate spinoff
Starz CEO Jeffrey Hirsch Source: Starz Starz, the premium network and streaming service that will soon be its own publicly traded company, is laying off more than 10% of employees and is exiting Australia and the U.K. Starz Chief Executive Officer Jeffrey Hirsch announced the news in an email to staff obtained by CNBC on […]
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‘Dune: Part Two’ is supposed to come out this year. The strikes could change that
Timothee Chalamet stars in Warner Bros.’ “Dune.” Warner Bros. LOS ANGELES – Warner Bros. has a sandworm-sized dilemma on its hands: Keep the fall release date for its highly anticipated “Dune: Part Two” and risk not having its star-studded cast promote it – or bump it into next year and potentially miss out on a […]
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John Wick franchise tops $1 billion at global box office as Lionsgate explores splitting up
Keanu Reeves stars in “John Wick: Chapter 4.” Lionsgate What started with a retired hitman avenging his murdered dog has turned into a billion-dollar blockbuster movie franchise for Lionsgate. This week, the John Wick series, comprised of four films starring Keanu Reeves in the titular role, crossed $1 billion at the global box office. Each […]
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Nelson Peltz’s attempt to join Disney’s board could force much-needed accountability
If Nelson Peltz were to win his fight to join Walt Disney ‘s (DIS) board of directors, the activist investor could force a level of accountability at the company that’s sorely needed. Peltz is the CEO and founder of Trian Partners, an investment firm that owns 9.4 million shares of Disney valued at nearly $940 […]
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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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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 […]
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