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Tencent's Riot Game titles division cuts 11% of personnel to ɻuild concentration'
Ma ”Pony” Huateng, chairman and chief government officer of Tencent Holdings Ltd., speaks throughout the Guangdong-Hong Kong-Macao Greater Bay Place Forum in Hong Kong, China, on Tuesday, June 20, 2017. In an uncommon shift, Ma has chosen to convene a summit of authorities lecturers and organization chieftains in Hong Kong days prior to the 20th […]
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Japan's Sony terminates $10 billion merger with India's Zee
The offer, announced extra than two decades back, was perceived as essential for the survival of the corporations in a extremely aggressive market. Bloomberg | Bloomberg | Getty Pictures Japan’s Sony Group said on Monday it has sent a termination notice to Zee Leisure to call off a $10 billion merger of their Indian operations, subsequent an […]
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The 2024 box office is a franchise frenzy — at a time when audiences are feeling IP fatigue
Timothee Chalamet stars in Warner Bros.’ “Dune.” Warner Bros. Mean girls, Spider-Women and sandworms will headline the 2024 box office — and they’ll have to do some heavy lifting. The March 1 release of “Dune: Part Two,” the delayed and much-anticipated follow-up to Denis Villeneuve’s 2021 science fiction epic is expected to attract hordes of […]
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VR marketplace retains shrinking even as Meta pours billions of dollars a quarter into metaverse
An attendee wears a Meta Platforms Inc. Oculus Quest 2 virtual actuality (VR) headset at the Telefonica SA stand on working day two of the Mobile Environment Congress at the Fira de Barcelona venue in Barcelona, Spain, on Tuesday, Feb. 28, 2023. Angel Garcia | Bloomberg | Getty Photographs Meta is investing billions of dollars […]
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'Wonka,' 'The Color Purple' and 'Aquaman': Warner Bros. releases dominate December
Timothee Chalamet stars as a young Willy Wonka in Warner Bros.’ “Wonka.” Warner Bros. Discovery LOS ANGELES — There are just a few weeks left at the 2023 box office, and they’ll be dominated by movies from Warner Bros. The studio is capping off the year with three big features — “Wonka,” “Aquaman and the […]
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Disney’s ‘Wish’ disappoints during Thanksgiving, extending an animation box office rut
Ariana DeBose stars as Asha in Disney’s new animated film “Wish.” Disney Disney needs to do more than wish on some stars to get out of its animation rut. It’s latest animated feature “Wish,” billed as a celebration of 100 years of storytelling, fumbled at the box office during the Thanksgiving holiday weekend. It tallied […]
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Starvation Games prequel, ‘Napoleon’ lead as Thanksgiving box office environment reveals signals of lifestyle
Tom Blyth and Rachel Zegler star as Coriolanus Snow and Lucy Gray Baird in Lionsgate’s “Starvation Games: The Ballad of Songbirds and Snakes.” Lionsgate This year’s Thanksgiving box workplace was equally feast and famine for the theatrical marketplace. Lionsgate’s “Starvation Games: The Ballad of Songbirds and Snakes” experienced a good 2nd week run in cinemas, […]
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Disney used to own the Thanksgiving box office. ‘Wish’ is trying to win it back
Ariana DeBose stars as Asha in Disney’s new animated film “Wish.” Disney Disney is wishing on a shooting star this week, hoping that its celebratory 100th anniversary film “Wish” will mark a turning point for its beleaguered animation division and jumpstart the Thanksgiving box office. The House of Mouse posted its biggest year ever theatrically […]
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The Hollywood actors’ strike is over, but the impact will linger for some big companies
SAG-AFTRA members and supporters chant outside Paramount Studios on day 118 of their strike against the Hollywood studios on November 8, 2023 in Los Angeles, California. Mario Tama | Getty Images Before the actors’ union reached a labor deal with studios Wednesday night, Disney CEO Bob Iger told CNBC’s Julia Boorstin that the strike’s impact […]
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Sony experiences 29% drop in running earnings as weak spot in chip company hits house
The PlayStation DualSense controller and PlayStation 5 console. Jakub Porzycki | Nurphoto | Getty Pictures Sony on Thursday reported a 29% drop in running gain in the fiscal second quarter as the Japanese electronics huge endured from weak spot in its imaging sensor company. Here is how Sony did in the September quarter as opposed to […]
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