Movies

Netflix CEO says he was slow to allow advertising because he was focused on Google and Facebook
Business

Netflix CEO says he was slow to allow advertising because he was focused on Google and Facebook

Reed Hastings, co-founder, chairman, and co-chief executive officer of Netflix, arrives for the annual Allen and Co. Sun Valley media conference in Sun Valley, Idaho, U.S. July 6, 2021. Brian Losness | Reuters Netflix founder and co-CEO Reed Hastings said Wednesday he was slow to come around to advertising on the streaming platform because he […]

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‘Glass Onion’ could have made 0 million, but Netflix only let it play in theaters for a week
Business

‘Glass Onion’ could have made $200 million, but Netflix only let it play in theaters for a week

Netflix probably left hundreds of millions of dollars on the table by not keeping Rian Johnson’s “Glass Onion” in theaters. The sequel to Johnson’s critically acclaimed “Knives Out” opened in nearly 700 theaters, the largest release of any Netflix original film to date, last Wednesday ahead of the Thanksgiving holiday weekend. “Glass Onion” leaves theaters […]

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Disney CEO Bob Iger addresses ‘Don’t Say Gay’ fallout, importance of LGBTQ inclusion in stories
Business

Disney CEO Bob Iger addresses ‘Don’t Say Gay’ fallout, importance of LGBTQ inclusion in stories

Bob Iger poses with Mickey Mouse attends Mickey’s 90th Spectacular at The Shrine Auditorium on October 6, 2018 in Los Angeles. Valerie Macon | AFP | Getty Images Following criticism of its past handling of LGBTQ issues, Disney CEO Bob Iger on Monday told employees that inclusion and acceptance are among the “core values” of […]

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Disney is the biggest winner — and loser — at the Thanksgiving box office
Business

Disney is the biggest winner — and loser — at the Thanksgiving box office

This year’s Thanksgiving box office was both feast and famine for Walt Disney. While “Black Panther: Wakanda Forever” added $64 million to its domestic tally during the five-day time frame, Disney’s latest animated feature “Strange World” failed to lure in moviegoers, generating just $18.6 million between Wednesday and Sunday and a dismal $11.9 million for […]

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Irene Cara, Oscar-winning singer of ‘Fame’ and ‘Flashdance’ title tracks, dies at 63
Business

Irene Cara, Oscar-winning singer of ‘Fame’ and ‘Flashdance’ title tracks, dies at 63

Irene Cara attends an event, circa 1990s. (Photo by Vinnie Zuffante/Michael Ochs Archives/Getty Images) Michael Ochs Archives | Michael Ochs Archives | Getty Images Irene Cara, the Oscar-winning musician best known for singing the title tracks to the movies “Fame” and “Flashdance” has died, her publicist said Saturday.   She was 63.  “It is with profound […]

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Black Friday online sales to hit new record, expected to top  billion
Business

Black Friday online sales to hit new record, expected to top $9 billion

A Black Friday sale sign in the clothing department of the Macy’s flagship store on Black Friday in New York, US, on Friday, Nov. 25, 2022. Jeenah Moon | Bloomberg | Getty Images This will likely end up the biggest Black Friday ever online. Overall online sales for the day after Thanksgiving are expected to […]

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Movie theater stocks pop after report says Amazon plans to spend  billion on releases
Business

Movie theater stocks pop after report says Amazon plans to spend $1 billion on releases

Cinemas stocks got a boost Wednesday after a report said Amazon plans to spend $1 billion a year on theatrical film releases. The tech company plans to make between 12 and 15 movies for movie theaters each year, Bloomberg reported, citing people familiar with the matter. A smaller number of films will be produced in […]

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Disney’s ‘Avatar: The Way of Water’ gets coveted China release
Business

Disney’s ‘Avatar: The Way of Water’ gets coveted China release

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 Disney’s “Avatar: The Way of Water” has landed a coveted release in China, a promising sign for a film that needs big box office sales to offset its massive budget. […]

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Taylor Swift’s tour promoter says it had no choice but to work with Ticketmaster
Business

Taylor Swift’s tour promoter says it had no choice but to work with Ticketmaster

Taylor Swift accepts the Artist of the Year award onstage during the 2022 American Music Awards at Microsoft Theater on November 20, 2022 in Los Angeles, California. Kevin Winter | Getty Images Entertainment | Getty Images Taylor Swift’s tour promoter is shifting blame for the botched “Eras” ticket sale squarely onto Ticketmaster, potentially fueling even […]

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Bob Iger is back. He’s the steady hand that Disney needs as CEO to get it back on track
Business

Bob Iger is back. He’s the steady hand that Disney needs as CEO to get it back on track

Bob Chapek is out as chief executive of Disney (DIS), the company said late Sunday, a leadership shakeup that nearly two weeks ago we began to champion as necessary to get the entertainment giant back on track. We’re pleased to see Bob Iger is returning to the CEO role nearly three years after he vacated […]

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