Movies
Disney's parks are its top money maker — and it plans to spend $60 billion to keep it that way
Visitors wearing emblematic Mickey Mouse and Minnie Mouse ears walk in front of the Sleeping Beauty-inspired castle at Disneyland Paris, Oct. 16, 2023. Ian Langsdon | Afp | Getty Images Three years ago, Josh D’Amaro stood in a nearly empty Disneyland. The California theme park’s Main Street was quiet: no cheery tunes from famed barbershop quartet […]
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'Mandalorian & Grogu,' 'Toy Story 5' and another 'Tron' coming to theaters from Disney
The Mandalorian and the Child on Disney+’s “The Mandalorian.” Disney The Walt Disney Company‘s new theatrical slate unveiled Friday will feature the dynamic duo of the Mandalorian and Grogu, a fifth “Toy Story” film and another “Tron” flick before the end of 2026. The company’s theatrical business has struggled in the wake of pandemic shutdowns […]
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Disney's Iger says Peltz proxy battle was a 'distraction,' board is focused on picking his successor
Nelson Peltz’s proxy battle was a “distraction,” and Disney can now focus on trying to turn a streaming profit and planning succession, its CEO Bob Iger said on CNBC’s “Squawk on the Street” on Thursday, just one day after handing a stinging defeat to the activist investor. “One of the things that I feel great […]
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Disney's cinematic drought may have opened a door for activist investor Peltz
Harrison Ford returns as Indiana Jones in “Indiana Jones and the Dial of Destiny.” Disney Disney has struggled to return to the lofty box office records of 2019 — and that may have helped open the door for its recent troubles with activist Nelson Peltz. Just four years ago, the studio had seven billion-dollar films, […]
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Why streamers are shrinking their content libraries
Every day the streaming landscape is looking more and more like the beast it sought to slay — cable. Looming talks of platform bundles come as major streamers push ad-supported plans, limit password sharing and lean into live sports coverage. The goal of exponential subscriber growth, fueled by pandemic lockdowns, has shifted. Wall Street wants […]
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NBC's Paris Olympics opening ceremony will play on IMAX screens
A view shows the logo of the Paris 2024 Olympic and Paralympic Games, in Paris, France, March 19, 2024. Benoit Tessier | Reuters Many of the world’s greatest athletes will make their big-screen debut in IMAX theaters this summer. NBC announced Friday that its live coverage of the 2024 Paris Olympics opening ceremony on July […]
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Lego revenue ticks higher in 2023, despite trade-downs and China pullback
The Lego company grew sales 2% last year, even as the global toy industry saw sales slip 7%, according to data from Circana. The pandemic-era gains that fueled exponential toy industry sales growth waned in 2023 as consumers cut discretionary spending amid rising inflationary costs and increased credit card debt. Meanwhile Denmark-based Lego posted resilient […]
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Oscars 2024 live updates: 'Poor Things' is off to a hot start with three wins
Hollywood needs to take more risk on small films, Jefferson says Cord Jefferson wins the Oscar for Best Adapted Screenplay for “American Fiction” during the Oscars show at the 96th Academy Awards in Hollywood, Los Angeles, California, U.S., March 10, 2024. Mike Blake | Reuters Director Cord Jefferson called on Hollywood to spend more money […]
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Barbie is the blueprint as Mattel seeks to revitalize American Girl, Fisher-Price
Margot Robbie is Barbie in Warner Bros.’ “Barbie.” Warner Bros. If there’s one thing Mattel CEO Ynon Kreiz wants shareholders to take away on Thursday, it’s the power of Barbie. As the toymaker faces activist pressure from Barington Capital, particularly around its strategy with the Fisher-Price and American Girl brands, it’s putting forth Barbie as […]
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IMAX 'ran out of seats' for ɽune: Aspect Two' and Legendary Entertainment is interested in ɼomponent 3'
Sandworms arise on the desert world Arrakis in Denis Villeneuve’s “Dune: Section Two.” Warner Bros. | Legendary Entertainment After a two-thirty day period drought, “Dune: Aspect Two” has delivered a a great deal-welcomed deluge of ticket profits to the domestic box place of work — and its achievement could carry a third franchise movie to […]
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