Warner Bros Discovery Inc
In the fight against slowing growth, Netflix and its rivals are all in this together
For the past three years, the global media and entertainment industry has been defined by the streaming wars. Each media company created a streaming service to compete. Only the strongest would survive, the narrative went. The losers would consolidate or die. Last year, the streaming wars didn’t end, but a metaphorical meteor approached the entertainment […]
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This week’s best performers include two airlines and a media stock expected to rally 48%
Stocks are set to end the week higher, despite some gyrations Friday, amid investors’ hopes for a slowdown in Federal Reserve interest rate hikes. Equities started the week strong on confidence that inflation was cooling and on Thursday, the latest consumer price index data confirmed those expectations. However, stocks wobbled on Friday after JPMorgan Chase […]
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‘Flash’ star Ezra Miller avoids jail with plea deal for unlawful trespass in Vermont
Actor Ezra Miller arrives at the premiere of Warner Bros. Pictures’ ‘Justice League’ at Dolby Theatre on November 13, 2017 in Hollywood, California. Axelle/bauer-griffin | Filmmagic | Getty Images Ezra Miller agreed to a plea deal Friday to avoid jail time related to a May 2022 incident in which they allegedly stole alcohol from a […]
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WWE’s smaller rival AEW interested in merger, sources say
WWE Chairman and CEO Vince McMahon speaks at a news conference announcing the WWE Network at the 2014 International CES in Las Vegas. Getty Images All Elite Wrestling, a professional wrestling league owned by the Khan family, is interested in merging with World Wrestling Entertainment, according to people familiar with the matter. The Khans, who […]
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HBO Max raises price for ad-free service for the first time since it launched
‘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 Warner Bros. Discovery is raising the monthly price of HBO Max by $1 as the company looks to further invest in content […]
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Disney board exposed itself to activist intervention, but Peltz may be overreaching
Bob Iger, chairman and chief executive officer of The Walt Disney Company, pauses while speaking during an Economic Club of New York event in Midtown Manhattan on October 24, 2019 in New York City. Drew Angerer | Getty Images Activist investor Nelson Peltz spent about 30 minutes Thursday morning speaking with CNBC’s Jim Cramer and […]
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Netflix will air SAG Awards in another step into live broadcasting
Aaronp | Bauer-Griffin | GC Images | Getty Images Netflix will exclusively air this year’s Screen Actors Guild Awards show in its first partnership with an awards show and its next step into live broadcasting. The SAG Awards, which will take place Feb. 26, will air live on Netflix’s YouTube channel, but not the streamer’s […]
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Stocks making the biggest moves premarket: CarMax, Salesforce, Coinbase and more
In this article LUV COIN WFC Follow your favorite stocksCREATE FREE ACCOUNT Bloomberg | Getty Images Check out the companies making headlines in premarket trading. CarMax — Shares of the used car seller slid 4.8% after JPMorgan downgraded them to underweight, saying investors aren’t fully pricing in the risks surrounding the company and hope for […]
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Stocks making the biggest moves midday: Bed Bath & Beyond, Coinbase, Virgin Orbit and more
In this article DISH ON 5CV-DE ILMN BMBL OSH BBBY COIN Follow your favorite stocksCREATE FREE ACCOUNT Virgin Orbit’s LauncherOne rocket on display in Times Square, New York. CNBC | Michael Sheetz Check out the companies making the biggest moves midday: Virgin Orbit — The satellite launch service company fell 12% a day after it […]
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‘Top Gun: Maverick’ and Disney were the box business office leaders in an or else comfortable 2022
Tom Cruise in “Leading Gun: Maverick” Supply: Paramount “Leading Gun: Maverick” was the greatest grossing theatrical release in 2022, but its $719 million haul wasn’t more than enough to make its studio, Paramount, ruler of the domestic box workplace. The Tom Cruise-led action film was a juggernaut, producing $719 million in ticket sales in the […]
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