Movies
Investors are looking to Warner Bros Discovery for a streaming strategy — it already gave us a big hint
Leslie Grace attends Warner Bros. Premiere of “The Suicide Squad” at The Landmark Westwood on August 02, 2021 in Los Angeles, California. Axelle/bauer-griffin | Filmmagic | Getty Images Investors are looking to Warner Bros. Discovery for details on its streaming strategy when the newly merged company reports second-quarter earnings after the bell Thursday. They already […]
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Federal prosecutors, SEC probing ex-WWE CEO Vince McMahon’s hush payments, report says
WWE Chairman and CEO Vince McMahon speaks at a news conference announcing the WWE Network at the 2014 International CES in Las Vegas. Getty Images The Securities and Exchange Commission and federal prosecutors have launched probes into payments made by World Wrestling Entertainment CEO Vince McMahon to settle allegations of sexual misconduct, according to a new […]
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MoffetNathanson downgrades Paramount, citing lower ad spend ahead of potential recession
MoffetNathanson on Friday downgraded shares of Paramount Global to underperform and slashed its price target to $18 per share from $30, citing growing risk of lower advertising spend going forward. “Despite the continued momentum at Paramount+, we downgrade PARA as the growing risk of lower advertising puts additional pressure on the company’s ability to grow […]
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Netflix only loses 970,000 subscribers in second quarter after warning of loss of 2 million
Fans gather at the Netflix booth at a trade show. Mike Blake | Reuters Netflix shares jumped 8% after the company said it lost fewer subscribers than anticipated during the second quarter. The company also said it aimed to unveil its lower-cost, ad-supported tier in early 2023. This comes on the heels of Netflix tapping […]
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Will Netflix keep losing subscribers this year? Investors are eager for guidance
In this photo illustration the Netflix logo seen displayed on a smartphone screen, with graphic representation of the stock market in the background. Sopa Images | Lightrocket | Getty Images Netflix investors already know to expect bad news when the company reports its second-quarter results Tuesday. Now they’ll be looking for guidance on what to […]
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Hollywood finally comes calling for horror writer Paul Tremblay
Paul Tremblay Source: Paul Tremblay Want to hear a scary story? It was 2015. Paul Tremblay, a New England math wiz with a couple crime novels to his name, was experiencing his big breakthrough in horror fiction. His book, “A Head Full of Ghosts,” an internet-era spin on the demonic possession genre, arrived in June […]
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Barbie movie starring Margot Robbie and Ryan Gosling will be a ‘cultural event,’ Mattel CEO says
Margot Robbie will star as Barbie in an upcoming movie from Mattel and Warner Bros. Mattel | Warner Bros. Mattel CEO Ynon Kreiz isn’t looking to use upcoming theatrical releases just to sell toys. He wants them to stand on their own. Speaking with CNBC’s Julia Boorstin at the Evolve Global Summit on Wednesday, Kreiz spoke […]
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Moviegoers are leaving their couches for theaters, bringing summer box office sales close to pre-pandemic levels
It’s becoming clearer that audiences are no longer satisfied just sitting on the couch to watch movies. Not only are they returning to movie theaters in droves, theater operators say they’re opting for pricier tickets and spending more on concessions. Over the weekend, Disney’s newest Marvel Cinematic Universe film, “Thor: Love and Thunder,” opened to […]
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‘Thor: Love and Thunder’ pulls in $143 million in domestic opening
Natalie Portman and Chris Hemsworth star in Marvel’s “Thor: Love and Thunder.” Disney With “Thor: Love and Thunder” zapping up an estimated $143 million during its domestic weekend, box office analysts feel confident that movie theaters are no longer on the road to recovery and have reached a pace of normalcy seen in pre-pandemic times. […]
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How many F-bombs trigger an R rating? An obscure movie industry panel decides
A poster of Motion Picture Association film ratings hangs next to a poster displaying a message about new cleaning procedures in the lobby of Cinemark’s Century 16 at the South Point Hotel & Casino on in Las Vegas, Nevada. Ethan Miller | Getty Images How many F-bombs can a movie have before it’s rated R? […]
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