Warner Bros Discovery Inc
Here’s what to expect when Disney reports before the bell
A statue of Walt Disney and Mickey Mouse stands in a garden in front of Cinderella’s Castle at the Magic Kingdom Park at Walt Disney World on May 31, 2024, in Orlando, Florida. Gary Hershorn | Corbis News | Getty Images Disney will report its fiscal fourth-quarter earnings before the bell on Thursday, and Wall […]
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Liberty Media to spin off assets; CEO Greg Maffei to step down at year-end
John Malone, Liberty Media Scott Eells | Bloomberg | Getty Images Liberty Media announced Wednesday it’s spinning off most assets besides Formula One auto racing into a separate publicly traded company, called Liberty Live, and that CEO Greg Maffei is stepping down at year-end. Chairman John Malone will become interim CEO of Liberty Media. Maffei […]
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Stocks making the biggest moves midday: Warner Bros. Discovery, AppLovin, Wolfspeed, Lyft and more
Check out the companies making headlines in midday trading. Dutch Bros — The stock popped more than 32% following the coffee chain’s better-than-expected third-quarter results. Dutch Bros earned 16 cents per share on revenue of $338 million for the period, while analysts surveyed by LSEG had penciled in 12 cents per share and $325 million […]
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Warner Bros. Discovery adds 7.2 million Max subscribers, the streamer’s largest single-quarter jump
Jakub Porzycki | Nurphoto | Getty Images Warner Bros. Discovery said Thursday its streaming platform Max added 7.2 million global subscribers in the third quarter. It marked the biggest quarterly growth for the streaming platform since its inception. Max now has 110.5 million subscribers as of Sept. 30. Warner Bros. Discovery’s flagship streaming service has […]
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Stock futures are little changed after major post-election rally as focus shifts to Fed: Live updates
Expectations fall towards a January rate cut With Treasury yields rising on the back of a Trump election victory, expectations have fallen as to how aggressive the Federal Reserve will be in cutting interest rates this winter. The fed funds rate, which determines what banks charge each other for overnight lending, currently ranges between a […]
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Election next week holds big implications for stock market, especially the control of Congress
A split or united government coming out of a consequential U.S. presidential election next week could hold the key to how stocks perform going forward. The Nov. 5th election is set to remove a critical overhang for markets, which have had trouble pricing in a victory for either former President Donald Trump or Vice President […]
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Thanksgiving box office showdown shows importance of premium screens
Wicked, Gladiator II, and Moana 2 Movie Posters. Sources: Universal (L), Paramount (C) and Disney (R) Three heavyweight Hollywood blockbusters will face off at the box office in November, each vying for audience attention, ticket sales and time on theaters’ biggest screens. Universal‘s “Wicked,” Paramount‘s “Gladiator II” and Disney‘s “Moana 2” arrive in cinemas within […]
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Comcast’s potential cable networks separation will test the appetite for media reconfiguration
Mike Cavanagh, president of Comcast Corporation, at center, during the Allen & Company Sun Valley Conference in Sun Valley, Idaho, July 12, 2023. David A. Grogan | CNBC Comcast is thinking about separating or spinning off NBCUniversal’s cable networks. If it moves forward with the idea, it could lay the groundwork for a reconfiguration of […]
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Elon Musk, Tesla and WBD sued over alleged ‘Blade Runner 2049’ AI ripoff for Cybercab promotion
A still from Warner Bros. Discovery Blade Runner 2049 trailer. Source: Warner Bros. Pictures Elon Musk, his car company Tesla and Warner Brothers Discovery were sued Monday over their alleged artificial intelligence-fueled copyright infringement of images from the film “Blade Runner 2049” to promote Tesla’s robotaxi concept. The lawsuit by the movie’s producer, Alcon Entertainment, […]
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Chick-fil-A is releasing its own entertainment app, with family-friendly shows and podcasts
A sign hangs outside of a Chick-fil-A restaurant on May 06, 2021 in Chicago, Illinois. Scott Olson | Getty Images Chicken sandwiches, waffle fries, milkshakes – and now TV shows and podcasts? Chick-fil-A plans to launch a new app on Nov. 18, with a slate of original animated shows, scripted podcasts, games, recipes and e-books […]
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