Warner Bros Discovery Inc
Netflix forces Wall Street to concentrate on gain and profits with final decision to halt reporting subscriber numbers in 2025
The most effective way to get investors to cease concentrating on one thing is to stop telling them at all. Netflix mentioned Thursday it will no more time report quarterly membership numbers and ordinary income for each membership setting up in the very first quarter of 2025. This is a sizeable alter for the enterprise […]
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NBA’s exclusive TV rights negotiating window with ESPN, Warner expected to pass without a deal
Los Angeles Lakers forward LeBron James, #23, during the NBA game between the Los Angeles Clippers and the Los Angeles Lakers at Crypto.com Arena in Los Angeles on Jan. 7, 2024. Jevone Moore | Icon Sportswire | Getty Images The National Basketball Association’s exclusive media rights negotiating window with current partners Disney and Warner Bros. […]
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Skydance's unique offer for Paramount Global would give it a large stake while keeping the company public
Shari Redstone, president of National Amusements, speaks at the WSJ Tech Live conference in Laguna Beach, California, on Oct. 21, 2019. Mike Blake | Reuters Skydance Media’s offer to acquire National Amusements and merge its studio with Paramount Pictures isn’t a conventional takeover. The question for Paramount Global shareholders might be: Is it better than […]
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Paramount stock slumps on reports that Skydance merger would require company to raise new equity
Paramount Global‘s stock slumped 8% on Thursday after CNBC’s David Faber reported the company would need to raise as much as $3 billion in new equity if it were to merge with David Ellison’s Skydance Media, according to sources familiar with the deal. This deal comes as media mogul Shari Redstone, the controlling shareholder of […]
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Why streamers are shrinking their content libraries
Every day the streaming landscape is looking more and more like the beast it sought to slay — cable. Looming talks of platform bundles come as major streamers push ad-supported plans, limit password sharing and lean into live sports coverage. The goal of exponential subscriber growth, fueled by pandemic lockdowns, has shifted. Wall Street wants […]
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Two Warner Bros. Discovery directors resign after antitrust probe
The exterior of the Warner Bros. Discovery Atlanta campus is pictured after the Writers Guild of America began its strike against the Alliance of Motion Pictures and Television Producers, in Atlanta, Georgia, on May 2, 2023. Alyssa Pointer | Reuters Two Warner Bros. Discovery directors, Steven Miron and Steven Newhouse, are resigning following a U.S. […]
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NBC's Paris Olympics opening ceremony will play on IMAX screens
A view shows the logo of the Paris 2024 Olympic and Paralympic Games, in Paris, France, March 19, 2024. Benoit Tessier | Reuters Many of the world’s greatest athletes will make their big-screen debut in IMAX theaters this summer. NBC announced Friday that its live coverage of the 2024 Paris Olympics opening ceremony on July […]
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How ESPN executives plan to survive the demise of cable TV
Disney‘s ESPN is at a crossroads. For more than 40 years, the world’s largest all-sports network has grown annual revenue by increasing cable subscription fees. ESPN first charged pay-TV distributors less than $1 per month per subscriber in the 1980s. In 2023, ESPN’s monthly carriage fee was $9.42 per subscriber, according to data from S&P […]
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Oscars 2024 live updates: 'Poor Things' is off to a hot start with three wins
Hollywood needs to take more risk on small films, Jefferson says Cord Jefferson wins the Oscar for Best Adapted Screenplay for “American Fiction” during the Oscars show at the 96th Academy Awards in Hollywood, Los Angeles, California, U.S., March 10, 2024. Mike Blake | Reuters Director Cord Jefferson called on Hollywood to spend more money […]
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IMAX 'ran out of seats' for ɽune: Aspect Two' and Legendary Entertainment is interested in ɼomponent 3'
Sandworms arise on the desert world Arrakis in Denis Villeneuve’s “Dune: Section Two.” Warner Bros. | Legendary Entertainment After a two-thirty day period drought, “Dune: Aspect Two” has delivered a a great deal-welcomed deluge of ticket profits to the domestic box place of work — and its achievement could carry a third franchise movie to […]
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