Paramount Global
Paramount sued over ‘Top Gun’ copyright as ‘Maverick’ soars at the box office
Tom Cruise in “Top Gun: Maverick” Source: Paramount Tom Cruise’s “Top Gun: Maverick” had another blockbuster weekend at the box office, but the studio behind the film could be feeling the heat from a lawsuit filed Monday. The family of the author whose article inspired the original 1986 “Top Gun” is suing Paramount Pictures for […]
Read More
‘Top Gun: Maverick’ grosses $124 million, making it Tom Cruise’s best domestic opening weekend
Tom Cruise in “Top Gun: Maverick” Source: Paramount LOS ANGELES – “Top Gun: Maverick” soared to $124 million during its opening weekend, earning Tom Cruise his highest domestic debut. The prolific actor, who has made a name for himself as a fearless stuntman, has generated more than $4.2 billion at the domestic box office since […]
Read More
The first act of the streaming wars saga is over — Netflix’s fall from grace has ushered in the pivotal second act
Reed Hastings, Co-CEO, Netflix speaks at the 2021 Milken Institute Global Conference in Beverly Hills, California, U.S. October 18, 2021. David Swanson | Reuters The media and entertainment industry prides itself on its mastery of classical storytelling’s three acts: the setup, the conflict and the resolution. It’s safe to declare the first act of the […]
Read More
Hall of Famer Tracy McGrady is betting millions of dollars Generation Z will love his 1-on-1 basketball start-up
Tracy McGrady Source: Ones Basketball League This time, Tracy McGrady is trusting his ideas. The basketball Hall of Famer has funded real estate projects, he’s backed a sports and entertainment agency, and committed to a cryptocurrency partnership before the sector lost billions in value. Now, McGrady is investing in his own company, Ones Basketball League, […]
Read More
Tom Cruise sets sights on his first $100 million domestic opening with ‘Top Gun: Maverick’
Tom Cruise in “Top Gun: Maverick” Source: Paramount This weekend Tom Cruise has a chance to do something he’s never done before — open a film to more than $100 million at the domestic box office. The prolific actor, who has made a name for himself as a fearless stuntman, has generated more than $4.2 […]
Read More
Stocks making the biggest moves midday: Walmart, Citigroup, Paramount and more
Exterior view of a Walmart store on August 23, 2020 in North Bergen, New Jersey VIEW press | Corbis News | Getty Images Check out the companies making headlines in midday trading. Walmart — Shares fell about 10.5% after the big-box retailer reported quarterly earnings that significantly missed Wall Street’s expectations. Walmart posted adjusted first-quarter earnings […]
Read More
Paramount shares jump about 10% after Buffett’s Berkshire reveals new stake
In this photo illustration, Paramount+ (Paramount Plus) logo is seen on a smartphone against its website in the background. Pavlo Gonchar | SOPA Images | LightRocket | Getty Images Shares of Paramount Global jumped Tuesday after Warren Buffett’s Berkshire Hathaway revealed a new stake in the media company. The stock rallied 9.5% around 10:10 a.m. […]
Read More
Warren Buffett’s Berkshire made a $3 billion bet on Citigroup. Here are his other picks
Warren Buffett’s Berkshire Hathaway made a few changes to its equity portfolio in the first quarter, including adding a big stake in Citigroup , according to a regulatory filing. The conglomerate bought more than 55 million shares of Citigroup to build a stake worth $2.95 billion as of the end of March, the filing showed. […]
Read More
How a blockbuster-packed summer could lend a hand to the struggling streaming stocks
The release of “Doctor Strange in the Multiverse of Madness” ushers in a line-up of big movie franchises hitting theaters this summer. Source
Read More
Stocks making the biggest moves midday: Chegg, Expedia, BP and more
James Tahaney loads textbooks on to a pallet in preparation for shipping at the Chegg warehouse in Shepherdsville, Kentucky, April 29, 2010. John Sommers II | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Paramount Global – Shares fell 1.7% after the entertainment giant reported first-quarter revenue below expectations. The […]
Read More