Warner Bros Discovery Inc
Hasbro sells off costly production studio, taking a page from Mattel’s playbook
A Hasbro Monopoly board game arranged in Dobbs Ferry, New York, Feb. 6, 2022. Tiffany Hagler-Geard | Bloomberg | Getty Images Four years after acquiring Toronto-based production studio eOne, Hasbro is selling it off to Lionsgate. The deal, announced Thursday, is valued at $500 million. That price tag consists of $375 million in cash and […]
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Warner Bros. Discovery loses subscribers after Max start, but shares rise on personal debt paydown
Kevin Mazur | Getty Illustrations or photos Leisure | Getty Photos Warner Bros. Discovery noted 2nd-quarter results Thursday that fell beneath Wall Avenue expectations across the board and revealed subscriber totals that had been down from the prior quarter. Worldwide immediate-to-client streaming subscribers at the close of the time period were being 95.8 million, beneath […]
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Hollywood producers seek sit-down with striking writers, the first sign of stalemate break
Picketers walk outside the Walt Disney Studios in Burbank, CA on Tuesday, June 6, 2023 as the Writers Guild of America strike enters the sixth week. Myung J. Chun | Los Angeles Times | Getty Images As the Hollywood writers strike nears its 100th day and pressure from striking actors mounts, producers are asking for […]
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Disney CEO Bob Iger wants minority partners for ESPN, but landing a deal won’t be easy
Disney CEO Bob Iger speaking with CNBC’s David Faber at the Allen&Co. Annual Conference in Sun Valley, Idaho. David A. Grogan | CNBC Disney CEO Bob Iger has taken the unusual step of paying former executives Kevin Mayer and Tom Staggs a consulting fee to help him solve a complex problem: what to do with […]
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Trump-endorsed ‘Sound of Freedom’ has outgrossed ‘Mission: Impossible,’ ‘The Flash’
“Barbenheimer” isn’t the only phenomenon at the July box office. Over the last four weeks, Angel Studios’ “Sound of Freedom,” an indie film that has drawn the support of former President Donald Trump and other conservatives, has captured nearly $150 million in domestic ticket sales. The figure may seem small against Hollywood blockbuster performances from […]
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‘Barbenheimer’ is a billion-dollar win for the global box office
Movie posters for Barbie and Oppenheimer are pictured outside of the Cinemark Somerdale 16 and XD in Somerdale, New Jersey, 2023. Hannah Beier | The Washington Post | Getty Images “Barbenheimer” remains red-hot at the box office. The combined force of Warner Bros.’ “Barbie” and Universal’s “Oppenheimer” has led to more than $1.1 billion in […]
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The secret to the huge ‘Barbenheimer’ box office take? FOMO
An employee adds letters for upcoming film releases “Oppenheimer” and “Barbie” to a marquee at the Colonial Theater on July 16, 2023 in Phoenixville, Pennsylvania. Hannah Beier | The Washington Post | Getty Images Hollywood’s biggest weekend at the box office in years wasn’t fueled by superheroes, Jedi or the promise of a sequel. Sure, […]
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NBCUniversal’s Peacock streaming service is growing, thanks to live sports
Kansas City Chiefs tight end Travis Kelce (87) runs the ball in for a touchdown against the Tampa Bay Buccaneers during the first quarter at Raymond James Stadium, Oct. 2, 2022. Kim Klement | USA Today Sports | Reuters NBCUniversal’s sports portfolio has been driving growth at its streaming service Peacock — and the company […]
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‘Barbie’ box office dominance extends beyond the weekend
Barbie The Movie Courtesy: Warner Bros. It’s Barbie’s world and we’re just living in it. The Warner Bros. flick based on Mattel’s iconic fashion doll continued to tally record ticket sales following its historic opening weekend. On Monday, “Barbie” added $26 million to its haul, the biggest Monday in the history of Warner Bros. and […]
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‘Barbenheimer’ tops $235 million in domestic debut, eyes second-highest box office weekend ever
Cillian Murphy in Oppenheimer and Margot Robbie as Barbie Julien De Rosa | AFP | Getty Images; Stuart C. Wilson | Getty Images “Barbenheimer” exploded over the weekend, generating an estimated $235.5 million in ticket sales and reinvigorating the domestic box office. “Barbie” tallied around $155 million during its first three days in theaters, the […]
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