Paramount Global
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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Amazon’s ‘Thursday Night time Football’ begins a new era of streaming for the NFL
Patrick Mahomes #15 of the Kansas City Chiefs Jamie Squire | Getty Images Sport | Getty Visuals To the pleasure and frustration of soccer enthusiasts throughout the United States, the period of Nationwide Soccer League video games showing exclusively on a streaming provider is on us. Amazon Prime Video clip is the property for “Thursday […]
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Disney’s earnings could define how the media industry views streaming’s future
A performer dressed as Mickey Mouse entertains guests during the reopening of the Disneyland theme park in Anaheim, California, U.S., on Friday, April 30, 2021. Bloomberg | Bloomberg | Getty Images Disney will put a stamp on how the media industry views streaming’s growth potential — at least for the time being — when it […]
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Stocks making the biggest moves midday: Lyft, Carvana, Warner Bros. Discovery, DraftKings
Confetti falls as Lyft CEO Logan Green (C) and President John Zimmer (LEFT C) ring the Nasdaq opening bell celebrating the company’s initial public offering (IPO) on March 29, 2019 in Los Angeles, California. The ride hailing app company’s shares were initially priced at $72. Mario Tama / Getty Images Check out the companies making […]
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Sell Paramount as macro challenges mount, JPMorgan says
It’s time to sell shares of Paramount , as investors can expect greater macro challenges ahead for the legacy media company, according to JPMorgan. “Today we downgrade Paramount to Underweight from Neutral with a $25 price target due to softer DTC revenue and higher losses this year, as well as an expectation of weakening EBITDA […]
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Stocks making the biggest moves premarket: Eli Lilly, Cigna, Restaurant Brands and more
Take a look at some of the biggest movers in the premarket: Eli Lilly (LLY) – The drug maker’s stock fell 3.6% in the premarket after it missed estimates with its quarterly results and cut its full-year forecast. Lilly’s performance during the quarter was impacted by lower prices for insulin and falling sales of its […]
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WWE at crossroads as Vince McMahon’s retirement and scandals heighten sale speculation
World Wrestling Entertainment Inc. Chairman Vince McMahon (L) and wrestler Triple H appear in the ring during the WWE Monday Night Raw show at the Thomas & Mack Center August 24, 2009 Ethan Miller | Getty Images Entertainment | Getty Images World Wrestling Entertainment’s annual report for 2021 lists a risk factor specifically about the […]
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Stocks making the biggest moves midday: Walmart, Shopify, 3M, General Electric and more
Vehicles pass a Walmart store in Torrance, California, on Sunday, May 15, 2022. Bing Guan | Bloomberg | Getty Images Check out the companies making headlines in midday trading Tuesday. Walmart – Shares of Walmart slid more than 7% after the company cut its quarterly and full-year outlook, saying that inflation is shifting consumer spending […]
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