Media
Moviegoing would not return to pre-pandemic stages, says former Disney CEO Bob Iger
Robert Iger attends the Stella McCartney “Get Back again” Capsule Selection and documentary launch of Peter Jackson’s “Get Back again” at The Jim Henson Business on November 18, 2021 in Los Angeles, California. Prosperous Fury | Getty Photographs Amusement | Getty Photos The coronavirus pandemic has remaining a “lasting scar” on the motion picture theater […]
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Trump SPAC deal at risk as merger deadline approaches
Former US president Donald Trump announced plans on October 20 to launch his own social networking platform called “TRUTH Social,” which is expected to begin its beta launch for “invited guests” next month. Chris Delmas | AFP | Getty Images The fate of the planned merger between former President Donald Trump’s media company and the […]
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World’s next-biggest motion picture chain operator Cineworld data files for U.S. personal bankruptcy
An exterior perspective of a Cineworld cinema in Piccadilly, central London. Yui Mok | PA Photographs | Getty Pictures Britain’s Cineworld Team (CINE.L) on Wednesday submitted for bankruptcy security in the United States as the world’s second-major cinema chain operator struggles to rein in its large debt. The Chapter 11 submitting, which permits firms to […]
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Saudi Arabia and Gulf neighbors threaten Netflix in excess of material that ‘violates Islamic values’
Jakub Porzycki | Nurphoto | Getty Photos Saudi Arabia and five other Gulf Arab international locations issued a joint assertion demanding that Netflix take away content material they say “violates Islamic and societal values and concepts,” Saudi media has reported. The assertion mentioned that the streaming giant’s content was in breach of government regulations, while […]
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Assassin’s Creed maker Ubisoft plunges 16% soon after Chinese large Tencent ups stake
Tencent has elevated its stake in French games maker Ubisoft, the corporation at the rear of common franchises like Assassin’s Creed. But analysts explained this has correctly shut the doorway on a full takeover of the company. Rafael Henrique | Sopa Images | Lightrocket | Getty Photographs Shares of games developer Ubisoft plunged additional than […]
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‘Lego Movie’ producer Dan Lin won’t take DC film and TV chief role at Warner Bros.
Producer Dan Lin attends the premiere Of Warner Bros. Pictures’ “The LEGO Batman Movie” at Regency Village Theatre on February 4, 2017 in Westwood, California. Todd Williamson | Getty Images Entertainment | Getty Images Movie producer Dan Lin, who had been in talks to become head of Warner Bros. Discovery’s DC Comics film and TV […]
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Shares of Trump-linked SPAC fall after merger extension vote reportedly fails
The former US President announced his intention to create a new social media platform after he was banned from Facebook and Twitter last year. Leon Neal | Getty Images Shares of Digital World Acquisition Corporation fell more than 15% Tuesday morning after it reportedly failed to get enough shareholder votes to extend the deadline for […]
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Asia’s online video match giants continue acquisition hunt to extend into new formats and marketplaces
Earnings from cell online games accounts for extra than fifty percent of the mobile gaming sector. Sony is searching to diversify over and above consoles with its new committed PlayStation cell gaming division. Mateusz Slodkowski | SOPA Photographs | LightRocket by using Getty Photographs Sony Sony’s PlayStation has dominated the gaming console sector for a […]
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TikTok is upending the music industry and Spotify may be next
Benee performs at the Bonnaroo Music & Arts Festival on June 18, 2022 in Manchester, Tennessee. Josh Brasted | Wireimage | Getty Images Zoi Lerma was working at a Los Angeles bagel shop in early 2020 when she first heard the song “Supalonely” by Benee. She liked it so much that she choreographed a dance […]
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There are only 4 big movie releases left this year — here’s what’s at stake for Hollywood
Set more than a decade after the events of the first film, “Avatar: The Way of Water” tells the story of the Sully family. Disney The 2022 box office is a Hollywood underdog story come to life. Despite nearly 40% less film content available in theaters compared to 2019, year-to-date ticket sales are down around […]
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