Warner Bros Discovery Inc
Paramount’s peak earnings growth is likely in the past, Wells Fargo says in downgrade
Wells Fargo is shifting its perspective on Paramount , believing the entertainment company may have surpassed its peak earnings growth. “The transition to streaming appears to be the right one, but earnings might need another structural reset lower, even after streaming loses abate,” wrote analyst Steven Cahall in a note to clients Tuesday. “We don’t […]
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Stocks earning the most significant moves premarket: Apple, CarMax, Mattress Bath & Over and above and far more
In this write-up AAPL KMX BBBY RAD Adhere to your most loved sharesBuild No cost ACCOUNT check out now Online video1:4001:40 Information Update – Pre-Marketplaces Information Briefing Verify out the firms producing headlines just before the bell: Apple (AAPL) – Apple lost 2.2% in the premarket soon after BofA Securities downgraded it to neutral from […]
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How Netflix lost its edge over the competition
Over the past 25 years, Netflix has changed the film and television landscape. The company has amassed nearly 221 million subscribers across 190 countries, billions of hours watched for popular series like “Stranger Things,” and along the way has racked up 226 awards. Since going public in 2002, the company and its subscription-based business model […]
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‘The Woman King’ shows why the box office needs more mid-budget movies
Viola Davis stars in Sony’s “The Woman King.” Sony “The Woman King” held firm at the box office during its second weekend in theaters. The Sony film is expected to generate $11.2 million in ticket sales domestically from Friday through Sunday, a 42% drop from its opening weekend. Typically, blockbuster films will drop 50% to […]
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How Bryan Lourd became one of the most powerful people in the history of Hollywood
Bryan Lourd speaks onstage during the Lincoln Center American Songbook Gala honoring Bonnie Hammer at Broadway Theatre on January 29, 2020 in New York City. Slaven Vlasic | Getty Images Entertainment | Getty Images After shocking the corporate world last year with the news Discovery Communications would merge with WarnerMedia, incoming Warner Bros. Discovery Chief […]
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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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Warner Bros. Discovery CFO calls company’s HBO Max and Discovery+ ‘underpriced,’ suggesting price hikes may be coming
‘House of the Dragon’ series logo displayed on a phone screen and HBO Max website are seen in this illustration photo taken on August 16, 2022. Jakub Porzycki | Nurphoto | Getty Images Streaming service subscriber growth may be slowing, but that doesn’t mean prices won’t keep rising. HBO Max and Discovery+, Warner Bros. Discovery’s […]
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5 things to know before the stock market opens Tuesday
People shop at a supermarket in Montebello, California, on August 23, 2022. Frederic J. Brown | AFP | Getty Images Here are the most important news items that investors need to start their trading day: 1. Inflation heat check U.S. stock futures rose ahead of highly anticipated inflation data Tuesday morning. The consumer price index […]
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Emmys 2022: ‘Ted Lasso,’ ‘Succession’ and ‘Squid Game’ compete for top awards
The Emmy Award statue at the Academy of Television Arts & Sciences campus in Los Angeles during a Sneak Peek behind-the scenes reveal of televisions biggest night at the Television Academy in Los Angeles. Al Seib | Los Angeles Times | Getty Images Can the Roy family win yet another high-stakes competition with brutal rivals? […]
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Prestige is the prize for AppleTV+ at the Emmys, not subscribers
Brendan Hunt, Jason Sudeikis and Brett Goldstein star in AppleTV+’s “Ted Lasso.” Apple Is this the year of Apple TV+? The streamer’s historic Oscar win for Best Picture was overshadowed by an altercation between actor Will Smith and comedian Chris Rock in March, but big wins at Monday’s Emmys could cement the service as one […]
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