What Netflix’s earnings beat tells us about Club holding Disney

Investors in Club holding Disney (DIS) appear to have been encouraged by streaming competitor Netflix ‘s (NFLX) better-than-expected third-quarter results Wednesday — a sentiment that’s no...

Ripple’s $250M fund backs Web3 projects focused on ‘entertainment and media’

In September 2021, enterprise blockchain and crypto solutions company Ripple launched the Ripple Creator Fund, a $250 million initiative committed to providing creators with the financial, creative an...

A Big Tesla Stock Sale Is Coming. We Don’t Know How Big.

It’s looking increasingly likely that Tesla investors will have to deal with their CEO Elon Musk buying social media platform Twitter In the long run, the issue for Tesla (ticker: TSLA) investors is m...

Password sharing details, subscribers jump

Netflix shares skyrocketed more than 14% after the bell Tuesday as the company posted better-than-expected results on the top and bottom lines. The streamer also reported the addition of 2.41 million ...

Ripple Signs Second Wave of Creators, Bringing Entertainment and Media NFT Projects to the XRP Ledger

SAN FRANCISCO–(BUSINESS WIRE)–Ripple, the leader in enterprise blockchain and crypto solutions, today unveiled the second wave of creators to receive funding for their Web3, non-fungible token (NFT) p...

Netflix Kicks Off Tech Earnings Today. What to Expect.

Netflix opens the third-quarter tech earnings season after the close on Tuesday, with a focus on whether the streaming giant can snap a two-quarter streak of declining subscriber count. As usual, Netf...

When will Asia’s travel industry recover? Maybe as soon as 2023

A new report indicates the travel industry in Asia-Pacific may be the only one in the world to recover by 2023. This year’s “Travel & Tourism Economic Impact” report — an annual ...

Tesla Could Be a ‘Zombie Stock’ as Interest Rates Rise

A longtime pessimist about Tesla says the shares could be headed for what he calls “zombie stock” territory. David Trainer, CEO of stock research firm New Constructs, who wrote in August 2013 that Tes...

News Corp. stock up, Fox shares down as investors weigh merger

A person walks past Fox News Headquarters at the News Corporation building on May 03, 2022 in New York City. Alexi Rosenfeld | Getty Images Shares of News Corp. rose while Fox Corp. shares fell Monday...

WWE stock hits 52-week high in Vince McMahon scandal aftermath

Vince McMahon attends a press conference to announce that WWE Wrestlemania 29 will be held at MetLife Stadium in 2013 at MetLife Stadium on February 16, 2012 in East Rutherford, New Jersey. Michael N....

‘Emily the Criminal’ director Ford takes on student loan crisis

Emily the Criminal Courtesy: John Patton Ford In the new film “Emily the Criminal,” the title character, played by actress Aubrey Plaza, is almost always in a state of fear. There are mome...

Alibaba and Other China Stocks Jump as President Xi Reassures on Tech

Shares in U.S.-listed Chinese companies were moving higher Monday as investors smiled on comments from a high-profile speech by President Xi Jinping that was supportive of the country’s technology sec...

Japanese Entertainment Conglomerate Konami Enters Metaverse by Offering Web3 Jobs

Japanese video game and entertainment company Konami has posted job listings for Web3-related positions in bids to leverage its products and services in the metaverse and web3 landscape. Konami said t...

Kroger-Albertsons Merger Would Create a Big Player in Retail Advertising

The proposed merger of Kroger Co. and Albertsons Cos. would reshape the U.S. supermarket industry by combining its two largest operators. It also would create a big player in so-called retail media, o...

Tesla, Netflix Set to Report Earnings as Recession Talk Mounts

Procter & Gamble Netflix and Tesla highlight a busy coming week of earnings as persistent inflation and climbing interest rates stoke talk of a recession. Consumer healthcare giant Johnson & J...

Tesla, Goldman Sachs, Netflix, AT&T, and Other Stocks for Investors to Watch This Week

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Netflix and Tesla stocks are not having a good year, but here comes a chance to turn it around

Two stocks that have defined Wall Street’s boom in the past decade — streaming giant Netflix Inc. and electric-vehicle maker Tesla Inc. — will hope to turn around some poor recent trajectories as earn...

Kroger unveils $24.6 bln deal to buy smaller grocery chain Albertsons

Kroger has inked a deal with Albertsons to purchase the smaller grocery retailer for $24.6 billion. The acquisition will establish a national footprint “to serve America with fresh, affordable food,” ...

AMC Entertainment Struggling with Falling Stock(s), High Debt and Relatively Bleak Production Schedule

AMC shares at 52-week low; APE not faring well either Investors are concerned about ownership dilution and business strategy AMC has enough cash to outlast the coming months with only 4 mega flicks sc...

Stocks Look Alluring for the Longer Term, say U.S. money managers

Patience in a volatile market like this year’s is a tall order. But it is the recipe for long-term success espoused by institutional investors in Barron’s latest Big Money poll. Big Money respondents ...

Should Hollywood Have Its Own Blockchain?

HOLLYWOOD, CA – FEBRUARY 18: Workers Rodolfo Morales (L) and Ernest Jauregui (R) roll out the … [+] ceremonial red carpet over the Hollywood Walk of Fame stars on Hollywood Boulevard in pr...

Kroger and Albertsons Say the Merger Will Cut Prices. Their Shares Are Tumbling.

With inflation still an untamed threat, Friday’s announced merger of the grocers Kroger and Albertsons will spur debate about whether the consolidation will raise food prices, or lower them. The Biden...

Rupert Murdoch explores reuniting Fox and News Corp

President Donald Trump (L) is embraced by Rupert Murdoch, Executive Chairman of News Corp, during a dinner to commemorate the 75th anniversary of the Battle of the Coral Sea during WWII onboard the In...

Medieval Times sues union over trademark infringement

Medieval Times Dinner and Tournament, a family dinner theater featuring staged medieval-style games, sword-fighting, and jousting performed by a cast of 75 actors and 20 horses, held in Lyndhurst, New...

Kroger’s $24.6 Billion Purchase of Albertsons to Create a Grocery Giant

Grocery giant Kroger said it was acquiring rival Albertsons in a roughly $24.6 billion tie-up that will help drive profitability and establish a larger footprint of nearly 5,000 stores. Kroger (ticker...

Post The Bruce Willis Controversy What Disruption To Entertainment Could Be Caused

US actor Bruce Willis poses on arrival for the European premiere of Glass in central London on … [+] January 9, 2019. (Photo by Tolga AKMEN / AFP) (Photo by TOLGA AKMEN/AFP via Getty Images) AFP...

AMC Entertainment stock falls to 52-week low

The AMC 25 Theatres in Times Square in New York is seen on Tuesday, July 8, 2014. Richard Levine | Corbis News | Getty Images AMC Entertainment hit a new 52-week low Wednesday as the movie theater com...

Sports And Entertainment Executives Launch Entity To Invest Up To $50 Million In Early-Stage Companies

TORONTO, ON – APRIL 20: James Harden #1 of the Philadelphia 76ers reacts in the first half of Game … [+] Three of the Eastern Conference First Round against the Toronto Raptors at Scotiaba...

Heiress Abigail Disney on how to bring magic back to capitalism

NEW YORK, NEW YORK – SEPTEMBER 20: Abigail Disney speaks at Firehouse DCTV’s Cinema For Documentary Film Ribbon Cutting Ceremony on September 20, 2022 in New York City. (Photo by Santiago ...

Meta’s Metaverse Push Is Racking Up Big Losses. Today, Zuckerberg Makes His Case.

Get ready for the state of the metaverse address.  Meta Platforms CEO Mark Zuckerberg will deliver the keynote talk for this year’s edition of the company’s annual Meta Connect developer event, which ...

Investing in Web3: Culture and Entertainment

All that said, the word “culture” is almost comically vague and tricky to pin down. Culture can mean art, sports, fashion, music, gaming, archeology, dating, religion, movies, food, poetry – it’s a lo...

Christopher Columbus is the target in Stephen Graham Jones’ ‘Earthdivers’

“Earthdivers” writer Stephen Graham Jones at New York Comic Con on Oct. 7, 2022.  Mike Calia | CNBC NEW YORK – Even in fourth grade, Stephen Graham Jones thought the heroic story of Christ...