Paramount Global
ESPN held talks with NBA, NFL in search for strategic partner, sources say
LeBron James of the Los Angeles Lakers at a game against the LA Clippers at ESPN Wide World Of Sports Complex on July 30, 2020 in Lake Buena Vista, Florida. Mike Ehrmann | Getty Images As Disney considers a strategic partner for ESPN, Chief Executive Officer Bob Iger and ESPN head Jimmy Pitaro have held […]
Read More
Netflix earnings showcase toughness as the relaxation of the media business struggles
LOS ANGELES, CALIFORNIA – JUNE 12: CEO of Netflix Ted Sarandos attends Netflix’s FYSEE celebration for “Squid Activity” at Raleigh Studios Hollywood on June 12, 2022 in Los Angeles, California. (Image by Charley Gallay/Getty Photos for Netflix) Charley Gallay | Getty Illustrations or photos Entertainment | Getty Photos The main takeaway from Netflix‘s next quarter […]
Read More
Stocks making the biggest moves midday: Ford, AT&T, Yelp, Figs and more
In this article STT ATVI APLS BBIO TSLA F Follow your favorite stocksCREATE FREE ACCOUNT The Ford F 150 Lightning electric truck John Tlumacki | Boston Globe | Getty Images Check out the companies making the biggest moves midday: Ford — Shares of the automaker fell 5.1% after the company said prices on its electric […]
Read More
Shares building the largest premarket moves: Activision Blizzard, Chewy, Yelp, Tesla and more
In this short article YELP TSLA CHWY Observe your favourite stocksGenerate Totally free ACCOUNT An Activision Blizzard’s Contact of Duty: Contemporary Warfare movie game is inserted into the Microsoft’s Xbox A person video activity console. Michael Ciaglo | Bloomberg | Getty Pictures Check out out the firms building the most significant moves just before the […]
Read More
The media industry is in turmoil, and that’s not changing any time soon
Striking Writers Guild of America (WGA) members walk the picket line in front of Netflix offices as SAG-AFTRA union announced it had agreed to a ‘last-minute request’ by the Alliance of Motion Picture and Television Producers for federal mediation, but it refused to again extend its existing labor contract past the 11:59 p.m. Wednesday negotiating […]
Read More
Prolonged Hollywood strikes could guide to ‘an complete collapse of an complete market,’ states IAC Chair Diller
Barry Diller, chairman and chief executive officer of IAC/InterActiveCorp. Scott Eells | Bloomberg | Getty Illustrations or photos Failing to resolve the twin strikes of the writers’ and display screen actors guilds in Hollywood will direct to “devastating outcomes if it is not settled before long,” IAC and Expedia Chairman Barry Diller mentioned in an […]
Read More
Actors union will go on strike, shutting down Hollywood
Hollywood actors are officially headed to the picket line. Unable to reach a deal with producers, members of The Screen Actors Guild – American Federation of Television and Radio Artists will join up with more than 11,000 already striking film and television writers starting at midnight. “We are the victims here,” said Fran Drescher, president […]
Read More
The 2023 movie box office will need a strong second half after an inconsistent first six months
Skynesher | E+ | Getty Images LOS ANGELES — The 2023 box office is inching closer to pre-pandemic levels, but inconsistent performances from blockbuster features in the first six months of the year will put a lot of pressure on second-half releases. While the domestic box office has tallied $4.46 billion in ticket sales through […]
Read More
Legacy media companies enter dark times as failures mount and Netflix rises again
Bob Iger, CEO of The Walt Disney Company, left; David Zaslav, CEO and president of Warner Bros. Discovery, center; and Bob Bakish, president and CEO of Paramount Global. Getty Images Companies and industries have ups and downs. The legacy media industry is in a valley. The first half of 2023 has been a colossal disappointment […]
Read More
‘The Flash,’ ‘Elemental’ disappoint as ‘Spider-Verse’ proceeds box workplace domination
Ezra Miller stars as Barry Allen in Warner Bros.’ “The Flash.” Warner Bros. Discovery Moviegoers spread the prosperity above Father’s Working day weekend throughout a diverse slate of new releases and lingering favorites. The combined benefits noticed disappointing debuts from “The Flash” and “Elemental,” although “Spider-Gentleman: Throughout the Spider-Verse” continued to entice ticket consumers. Warner […]
Read More