Movies

How Netflix keeps luring big-name directors away from the traditional box office
Business

How Netflix keeps luring big-name directors away from the traditional box office

Film directors Rian Johnson (L), Greta Gerwig (C), and Guillermo Del Toro (R) Getty Images Netflix isn’t interested in bringing movies to theaters. The company’s leaders have said they see theatrical movie releases as an “outdated” model. Yet for more than a decade, the streamer has lured in some of Hollywood’s biggest directors to make content […]

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Pixar’s ‘Elio’ is emblematic of a bigger headwind for Hollywood
Business

Pixar’s ‘Elio’ is emblematic of a bigger headwind for Hollywood

A still from Disney and Pixar’s animated film “Elio.” Disney Disney’s Pixar animation studio had its worst opening ever over the weekend — and its problems aren’t unique. “Elio,” the story of a young boy who is mistakenly identified as Earth’s ambassador to the universe, tallied just $21 million in ticket sales during its first […]

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Disney says its theme parks generate  billion in annual U.S. economic impact
Business

Disney says its theme parks generate $67 billion in annual U.S. economic impact

A statue of Walt Disney and Mickey Mouse stands in a garden in front of Cinderella’s Castle at the Magic Kingdom Park at Walt Disney World on April 3, 2025, in Orlando, Florida. Gary Hershorn | Corbis News | Getty Images For decades Disney’s domestic theme parks have been the growth engine for tourism, job […]

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Movie theater stocks soar after record-breaking Memorial Day box office
Business

Movie theater stocks soar after record-breaking Memorial Day box office

Still from Disney’s newest live-action remake “Lilo & Stitch.” Disney Shares of movie theater companies soared on Tuesday following a record-breaking Memorial Day Weekend at the domestic box office. AMC saw its stock jump more than 20%, while shares of Marcus Theatres’ parent company Marcus Corporation climbed 8% and Cinemark stock leaped 2.5%. The tandem […]

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Power outage disrupts final day of Cannes Film Festival, police investigate possible arson
World

Power outage disrupts final day of Cannes Film Festival, police investigate possible arson

People pose on the Croisette next to an installation of a Palme d’Or symbol during the 78th Cannes Film Festival in Cannes, France, on May 24, 2025. Benoit Tessier | Reuters A major power outage struck southeastern France on Saturday morning, disrupting traffic and briefly halting events at the Cannes Film Festival as the prestigious […]

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Universal leans into theme parks with multibillion dollar Epic Universe, even as economic uncertainty looms
Business

Universal leans into theme parks with multibillion dollar Epic Universe, even as economic uncertainty looms

The entrance portal to the Epic Universe theme park in Orlando, Florida, US, on Saturday, April 5, 2025. Thomas Simonetti | Bloomberg | Getty Images ORLANDO, Florida — With the grand opening of Epic Universe on Thursday, Comcast is positioning its Universal Studios Orlando Resort as a destination, not a pit stop. For years, Universal’s […]

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WBD is renaming streamer Max as HBO Max, again
Business

WBD is renaming streamer Max as HBO Max, again

Scene from season 3 of White Lotus. Source: HBO HBO became HBO Max became Max. Now, it will be HBO Max once more. Warner Bros. Discovery is renaming its streaming platform again starting this summer, restoring a name it ditched just two years ago. The company announced the rebranding Wednesday during its upfront presentation in […]

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Toy stocks rally after Chinese tariffs slashed to 30%
Business

Toy stocks rally after Chinese tariffs slashed to 30%

Toys made by Mattel, Hasbro and others are seen at a Macy’s store in New York. Staff | Reuters Shares of major toy makers rallied on Monday after the U.S. agreed to temporarily reduce tariffs on China. The agreement will pause most tariffs and other trade barriers for 90 days, including reducing the 145% levy […]

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Netflix unveils revamped homepage and app with OpenAI-powered search tool
Business

Netflix unveils revamped homepage and app with OpenAI-powered search tool

Netflix launching an innovative new TV experience featuring enhanced design, responsive recommendations and a new way to search. Courtesy: Netflix Netflix unveiled a redesigned homepage experience on Wednesday with the aim of making searching for shows and movies easier for its members. The user experience revamp goes beyond the TV screen. Netflix is also making […]

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Disney announces an Abu Dhabi theme park and resort
Business

Disney announces an Abu Dhabi theme park and resort

A new Disney theme park is coming to Abu Dhabi. The Walt Disney company announced Wednesday that it has reached an agreement with immersive destination and experiences company Miral to bring a park and resort to Yas Island in the United Arab Emirates. This will be Disney’s seventh theme park resort and it will be fully […]

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