Paramount Global
Showtime chief’s departure signals Paramount is moving forward on its plan to merge streaming services
Damian Lewis as Bobby Axelrod in the original series “BILLIONS” airing on Showtime. Jeff Neumann/SHOWTIME Paramount Global executive David Nevins, who has run the premium network Showtime since 2016, is leaving the company at the end of year. Along with his departure, Paramount Global is restructuring Showtime in ways that could give the company flexibility […]
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Streaming bundles are forming, but really don’t be expecting a cable Tv-like offer any time soon
The Disney+ website on a laptop laptop or computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Photos A contradiction is establishing in the world of streaming media, and it revolves around bundling. There is certainly a consistent drumbeat of expectation that streaming companies […]
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Paramount’s peak earnings growth is likely in the past, Wells Fargo says in downgrade
Wells Fargo is shifting its perspective on Paramount , believing the entertainment company may have surpassed its peak earnings growth. “The transition to streaming appears to be the right one, but earnings might need another structural reset lower, even after streaming loses abate,” wrote analyst Steven Cahall in a note to clients Tuesday. “We don’t […]
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‘The Woman King’ shows why the box office needs more mid-budget movies
Viola Davis stars in Sony’s “The Woman King.” Sony “The Woman King” held firm at the box office during its second weekend in theaters. The Sony film is expected to generate $11.2 million in ticket sales domestically from Friday through Sunday, a 42% drop from its opening weekend. Typically, blockbuster films will drop 50% to […]
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‘The Woman King’ poised for big box-office run after surprisingly strong opening weekend
Viola Davis stars in Sony’s “The Woman King.” Sony During a lull in the movie calendar, Gina Prince-Bythewood’s “The Woman King” is generating the kind of buzz — and ticket sales — that the box office desperately needs. The action-packed film about an all-female regiment of warriors brought in $19 million at the domestic box […]
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Canela.TV, a free Spanish-language streaming service with 23 million users, launches original shows
An upstart Spanish-language streamer is taking a big step into original content. Canela Media will debut a daily entertainment news show, “¡Ponle Canela!,” on its streaming platform, Canela.TV, on Oct. 10. “Secretos De Villanas,” a reality series that puts some well-known telenovela actresses under one roof to reveal secrets about their lives and careers, will […]
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Star Wars spinoff ‘Rogue Squadron’ officially off calendar as Disney shores up film slate
Patty Jenkins attends TNT’s “I Am The Night” FYC Event on May 9, 2019 in North Hollywood, California. Emma McIntyre | Getty Images Questions about the fate of Patty Jenkins’ “Rogue Squadron” began circulating nearly a year ago, and intensified after the Star Wars film went unmentioned at Disney’s annual D23 Expo last weekend. On […]
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Nationwide $3 movie ticket deal draws 8.1 million moviegoers, with sales topping $24 million
An AMC movie theater in New York. Scott Mlyn | CNBC A $3 movie ticket promotion meant to boost sales across cinemas during a typically sleepy weekend for the business has drawn in 8.1 million customers, according to the National Association of Theater Owners. By those numbers, Saturday was the best day of the year […]
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How the summer box office sizzled, then fizzled – in charts
Natalie Portman stars as the Mighty Thor, aka Dr. Jane Foster, alongside Chris Hemsworth, who plays Thor Odinson, in Marvel’s “Thor: Love and Thunder.” Disney The summer box office started with a bang, but as the season shifts into fall, ticket sales have fizzled. Paramount and Skydance’s “Top Gun: Maverick,” alongside Disney and Marvel Studio’s […]
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Disney CEO Bob Chapek all over again distances himself from Bob Iger with Disney+ pricing decision
Disney Co. executives CEO Bob Chapek, left, and Bob Iger, govt chairman, produce remarks at Cinderella Castle at the Magic Kingdom during the rededication ceremony marking the 50th anniversary of Walt Disney World, in Lake Buena Vista, Florida, Thursday night time, Sept. 30, 2021. Joe Burbank | Tribune News Assistance | Getty Visuals Disney Chief […]
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