This year’s Thanksgiving box office was both feast and famine for Walt Disney. While “Black Panther: Wakanda Forever” added $64 million to its domestic tally during the five-day time...
Tag: Comcast Corp
This is why Marvel didn’t recast Chadwick Boseman in ‘Wakanda Forever’
A still from the movie “Black Panther.” Source: Marvel In August 2020, Disney’s Marvel Studios was faced with an unenviable task — how to handle the sudden and tragic death of Chadwi...
Fox earnings lifted by ad revenue from Tubi streaming service
Pete Davidson attends TUBI’s “The Freak Brothers” Experience at Fred Segal on December 06, 2021 in Los Angeles, California. Kevin Winter | Getty Images Fox Corp.’s bet on its f...
Comcast (CMCSA) earnings Q3 2022
Comcast on Thursday reported third-quarter earnings that beat analyst estimates, despite seeing revenue slightly decline and continued softness in broadband customer growth. The company’s shares...
Focus on revenue, profit, not subscriber adds
Netflix logo Mario Tama | Getty Images News | Getty Images Netflix has a message for investors: start focusing on revenue and profit, and stop obsessing about subscriber growth. Netflix made its argum...
NFL and Apple are at odds in Sunday Ticket negotiations
Kansas City Chiefs quarterback Patrick Mahomes (15) is sacked by Los Angeles Chargers linebacker Drue Tranquill (49) in the first quarter at Arrowhead Stadium on Thursday, Sept. 15, 2022, in Kansas Ci...
Digital World, Domino’s, Revlon, Albertsons and more
Revlon signage is seen on display in a Boots store in London, Britain, June 16, 2022. Hannah McKay | Reuters Check out the companies making headlines in midday trading. Digital World Acquisition — The...
Jim Cramer says to avoid stocks in the ‘house of pain’ Nasdaq 100 index
CNBC’s Jim Cramer on Wednesday warned investors to avoid the stocks in the Nasdaq 100 and highlighted the worst-performing stocks during the third quarter. “These seven biggest losers from...
Don’t expect cable TV-like package for streaming services any time soon
The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Images A contradiction is developing in the world of streami...
Movie side benefiting from new release model
CEO of NBC Jeff Shell arrives for the Allen & Company Sun Valley Conference on July 06, 2021 in Sun Valley, Idaho. After a year hiatus due to the COVID-19 pandemic the world’s most wealthy a...
Lionsgate leans toward spinning off studio business instead of Starz
Michael Burns Michael Newberg | CNBC Lionsgate is leaning toward spinning off its studio division rather than its Starz cable and streaming unit, according to people familiar with the matter. This wou...
Walt Disney World, Universal to close Florida parks
Cinderella Castle in Walt Disney World. Roberto Machado Noa | Lightrocket | Getty Images As Hurricane Ian nears the west coast of Florida, the Walt Disney Company and Comcast‘s Universal Studios...
‘The Woman King’ poised for big box office after strong opening weekend
Viola Davis stars in Sony’s “The Woman King.” Sony During a lull in the movie calendar, Gina Prince-Bythewood’s “The Woman King” is generating the kind of buzz — an...
Spanish-language streaming service Canela.TV launches original shows
An upstart Spanish-language streamer is taking a big step into original content. Canela Media will debut a daily entertainment news show, “¡Ponle Canela!,” on its streaming platform, Canel...
Disney CEO Bob Chapek wants to own all of Hulu, says chances of early deal are slim
Disney Chief Executive Officer Bob Chapek said he’d love to own Comcast’s 33% stake in Hulu “tomorrow” but acknowledged the chances of an early deal are “less and less...
Harlem Globetrotters return to TV for first time in 40 years
SYDNEY, AUSTRALIA – JULY 03: Bounce Moody scores a slam-dunk during the Harlem Globetrotters Spread Game Tour at Qudos Bank Arena on July 03, 2022 in Sydney, Australia. (Photo by Nathan Hopkins/...
Loeb reverses course on push to get Disney to spin off ESPN
Dan Loeb Justin Solomon | CNBC Activist investor Dan Loeb indicated that he’s going to retreat from his push to get Disney to spin off ESPN, reversing a position he had pushed less than a month ...
Comcast agrees to sell majority stake in NBC Sports Washington
Alex Ovechkin #8 of the Washington Capitals races up the ice with the puck during a game against the Toronto Maple Leafs at Capital One Arena on April 24, 2022 in Washington, D.C. John Mccreary | Nati...
House of the Dragon and Rings of Power are coming: What’s at stake
Promos for HBO MAX Game of Thrones: House of the Dragon (L), and Prime Video Lord of the Rings: The Rings of Power. HBO Max | Amazon As summer comes to an end, two expensive fantasy series filled with...
Cineworld shares plummet more than 60% on bankruptcy reports
Cineworld, which operates 9,000 theatres in 10 countries, has warned that a lack of blockbusters is hurting admissions. Geography Photos | Universal Images Group | Getty Images LONDON — Shares of Brit...
CNBC Chairman Mark Hoffman to step down in September
Mark Hoffman, Chairman of CNBC Mark Hoffman, CNBC’s president since 2005 and chairman since 2015, announced Tuesday he will step down on Sept. 12. Hoffman is leaving of his own accord. NBCUniver...
No Way Home’ return to theaters
Tom Holland stars as Peter Parker in “Spider-Man: No Way Home.” Sony Spider-Man, the Na’vi and a ragtag group of galactic rebels are making their way back to theaters at the end of t...
Vroom, Poshmark, Revolve, Green Plains and more
Vroom IPO at the Nasdaq site, June 9, 2020. Source: Nasdaq Check out the companies making headlines before the bell: Poshmark — Shares spiked more than 5% after Barclays upgraded the online fashion re...
Blumhouse’s ‘The Black Phone’ shows that horror, and original storytelling, has a place at the box office
Any apprehension Jason Blum had about the future of the box office has been quelled now that “The Black Phone” has surpassed $150 million at the global box office. Blum was one of many tha...
The CEOs of Disney and Devon Energy deliver upbeat outlooks to CNBC
The CEOs of two Club holdings spoke to CNBC on Thursday: Walt Disney Co. ‘s (DIS) Bob Chapek and Devon Energy’s (DVN) Rick Moncrief. Here what you need to know: Disney CEO Disney’s t...
Disney earnings could define how industry views future of streaming
A performer dressed as Mickey Mouse entertains guests during the reopening of the Disneyland theme park in Anaheim, California, U.S., on Friday, April 30, 2021. Bloomberg | Bloomberg | Getty Images Di...
Comcast and Charter may need new focus as broadband growth stalls
Brian Roberts, CEO of Comcast (L), and Tom Rutledge, chief executive officer of Charter Communications Drew Angerer | Getty Images Comcast and Charter, the two largest U.S. cable companies, have a bro...
Fails to add broadband subscribers
Comcast reported second-quarter revenue and earnings that topped analyst estimates, but the cable provider didn’t add broadband customers in a quarter for the first time ever. Comcast’s hi...