Paramount Global

‘The Woman King’ poised for big box-office run after surprisingly strong opening weekend
Business

‘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
Business

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
Business

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  movie ticket deal draws 8.1 million moviegoers, with sales topping  million
Business

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
Business

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
Technology

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
Technology

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
Technology

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
Finance

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
Business

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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