Paramount Global
Stocks making the biggest moves midday: GM, McDonald’s, UPS, Pulte, International Paper and more
In this article LRCX PNT-FF IP PHM UPS MCD AOS PARA CAT Follow your favorite stocksCREATE FREE ACCOUNT General Motors CEO Mary Barra speaks to reporters while she waits for the arrival of President Joe Biden at media day of the North American International Auto Show in Detroit, Michigan, September 14, 2022. Rebecca Cook | […]
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‘M3gan’ is setting the stage for a big year for horror movies at the box office
A lifelike doll programmed to be a child’s greatest companion and a parent’s greatest ally turns murderous in Universal Studios and Blumhouse’s “M3GAN.” Universal A fashion-forward, murderous doll is ringing up big bucks at the box office. “M3gan,” the newest release from the Universal Studios and Blumhouse collaboration, will end up with more than $100 […]
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In the fight against slowing growth, Netflix and its rivals are all in this together
For the past three years, the global media and entertainment industry has been defined by the streaming wars. Each media company created a streaming service to compete. Only the strongest would survive, the narrative went. The losers would consolidate or die. Last year, the streaming wars didn’t end, but a metaphorical meteor approached the entertainment […]
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Disney board exposed itself to activist intervention, but Peltz may be overreaching
Bob Iger, chairman and chief executive officer of The Walt Disney Company, pauses while speaking during an Economic Club of New York event in Midtown Manhattan on October 24, 2019 in New York City. Drew Angerer | Getty Images Activist investor Nelson Peltz spent about 30 minutes Thursday morning speaking with CNBC’s Jim Cramer and […]
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‘Top Gun: Maverick’ and Disney were the box business office leaders in an or else comfortable 2022
Tom Cruise in “Leading Gun: Maverick” Supply: Paramount “Leading Gun: Maverick” was the greatest grossing theatrical release in 2022, but its $719 million haul wasn’t more than enough to make its studio, Paramount, ruler of the domestic box workplace. The Tom Cruise-led action film was a juggernaut, producing $719 million in ticket sales in the […]
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Paramount sued for $500 million about 1968 ‘Romeo & Juliet’ nude scene
British actress Olivia Hussey and actor Leonard Whiting star in Franco Zeffirelli’s ‘Romeo and Juliet,’ circa 1967. Keystone | Hulton Archive | Getty Visuals Two stars of the 1968 movie adaption of “Romeo & Juliet” have sued Paramount Shots for far more than $500 million above a nude scene the actors shot when they were […]
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5 things to know before the stock market opens Thursday
A trader works on the trading floor at the New York Stock Exchange (NYSE), December 14, 2022. Andrew Kelly | Reuters Here are the most important news items that investors need to start their trading day: 1. Two more days of this … Welcome to the penultimate trading day of 2022. Even if these next […]
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2022 was tough for media stocks like Netflix and Disney, and 2023 doesn’t look good, either
In this photo illustration, a hand holding a TV remote control in front of the Disney Plus logo on a TV screen. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Media stocks got rocked this year, with companies losing billions of dollars in market value, as streaming subscriber growth waned and the advertising […]
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‘Avatar: The Way of Water’ nears $900 million globally, boosted by global ticket gross sales
Avatar: The Way of Water Courtesy: Disney Co. Disney and James Cameron’s “Avatar: The Way of Water” snared an believed $56 million all through its second weekend in theaters, a 58% fall from its debut. A decrease in ticket revenue is typical for blockbuster titles, with most seeing a 50% to 70% slip. This metric, […]
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YouTube’s NFL ‘Sunday Ticket’ deal is a win for traditional TV networks, too – here’s why
Los Angeles Chargers running back Austin Ekeler, center, runs for extra yardage while Tennessee Titans linebacker Monty Rice, left, and safety Andrew Adams (47) attempt a tackle during the second half at SoFi Stadium on Sunday, Dec. 18, 2022 in Los Angeles, CA. Allen J. Schaben | Los Angeles Times | Getty Images The National […]
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