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Amazon’s deals don’t instill the same fear in rivals as before
June 16, 2017. It’s likely a day many retailers can recall vividly. A sleepy Friday morning was disrupted by the surprising announcement that e-commerce giant Amazon was going to buy organic grocer Whole Foods. The upheaval was immediate. Not only did the news send shares of grocer Kroger into a tailspin, a broad swath of […]
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Mattel CEO says ‘Barbie’ movie production wrapped Thursday, exactly a year before release date
Mattel CEO Ynon Kreiz told CNBC’s Jim Cramer that the company’s highly anticipated Barbie movie finished production on Thursday. “What is special now is that today, we actually wrapped production, principal photography, for the Barbie movie, exactly one year before we release it theatrically worldwide with our partners, Warner Brothers. … Look out for that,” […]
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For Netflix stock, it’s no longer subscribers or content. It’s all about the cash
A sign is posted in front of Netflix headquarters on April 20, 2022 in Los Gatos, California. Justin Sullivan | Getty Images A day after Netflix reported that its second-quarter slide in subscribers was much smaller than investors had feared, a different takeaway may sink in from the earnings report at the world’s largest streaming […]
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Barbie movie starring Margot Robbie and Ryan Gosling will be a ‘cultural event,’ Mattel CEO says
Margot Robbie will star as Barbie in an upcoming movie from Mattel and Warner Bros. Mattel | Warner Bros. Mattel CEO Ynon Kreiz isn’t looking to use upcoming theatrical releases just to sell toys. He wants them to stand on their own. Speaking with CNBC’s Julia Boorstin at the Evolve Global Summit on Wednesday, Kreiz spoke […]
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Here are the nominees for the major Emmy categories — ‘Succession’ and ‘Ted Lasso’ lead the field
Logan Roy, played by Brian Cox, at his daughter’s wedding reception on season 1 of HBO’s Succession. Colin Hutton | HBO Can the Roy family win yet another high-stakes competition with brutal rivals? HBO’s lacerating drama “Succession” on Tuesday earned 25 nominations for the 74th annual Emmy Awards, the most of any series. It’s squaring off […]
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Moviegoers are leaving their couches for theaters, bringing summer box office sales close to pre-pandemic levels
It’s becoming clearer that audiences are no longer satisfied just sitting on the couch to watch movies. Not only are they returning to movie theaters in droves, theater operators say they’re opting for pricier tickets and spending more on concessions. Over the weekend, Disney’s newest Marvel Cinematic Universe film, “Thor: Love and Thunder,” opened to […]
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‘Thor: Love and Thunder’ pulls in $143 million in domestic opening
Natalie Portman and Chris Hemsworth star in Marvel’s “Thor: Love and Thunder.” Disney With “Thor: Love and Thunder” zapping up an estimated $143 million during its domestic weekend, box office analysts feel confident that movie theaters are no longer on the road to recovery and have reached a pace of normalcy seen in pre-pandemic times. […]
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How many F-bombs trigger an R rating? An obscure movie industry panel decides
A poster of Motion Picture Association film ratings hangs next to a poster displaying a message about new cleaning procedures in the lobby of Cinemark’s Century 16 at the South Point Hotel & Casino on in Las Vegas, Nevada. Ethan Miller | Getty Images How many F-bombs can a movie have before it’s rated R? […]
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Barclays cuts Netflix target, sees bigger subscriber losses than expected
Netflix is on track to report another weak quarter as rising competition results in a big hit to subscribers, Barclays said. For the second quarter, Barclays anticipates a 2.8 million subscriber loss compared with Netflix’s anticipated 2 million loss. Meanwhile, recent credit card data from the bank suggests U.S. subscribers fell roughly 1% month-over-month in […]
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Cramer’s lightning round: I have no catalyst to recommend SoFi
Oasis Petroleum Inc: “Everybody hates oil so much, we’ve got to do more work. But I like the idea in principle.” Cloudflare Inc: “I don’t like companies that aren’t making money, but I think [CEO] Matthew Prince should come on the show because they are doing so well.” MP Materials Corp: “It has been a […]
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