Redbox Stock Plunges After Shareholders OK Chicken Soup for the Soul Acquisition

Text size Redbox shares were down 40% in recent trading. Patrick T. Fallon/Bloomberg Redbox shareholders on Tuesday approved the company’s acquisition by Chicken Soup for the Soul Entertainment . The ...

WWE discloses $5 million in McMahon payments, delays earnings report

World Wrestling Entertainment Inc. Chairman Vince McMahon (L) and wrestler Triple H appear in the ring during the WWE Monday Night Raw show at the Thomas & Mack Center August 24, 2009 Ethan Miller...

Auto makers warn most electric vehicles won’t qualify for federal tax credit

But the auto industry is warning that the vast majority of EV purchases won’t qualify for a tax credit that large. That’s mainly because of the bill’s requirement that, to qualify for the credit, an e...

Paris Hilton will sell NFTs and hold virtual parties in The Sandbox

Paris Hilton this week announced that her company, 11:11 Media, will bring her world to the immersive virtual gaming world of The Sandbox. There, she’ll launch a “land,” in which she...

GALA, The World-Leading Web3 Company, Spearheads A New ERA Of Entertainment With GALA FILM

Jackson, USA, 9th August, 2022, Chainwire Announce Partnership With Stick Figure Productions to Distribute Four Down Executive Produced by Dwayne Johnson and More Gala, one of the leading innovators i...

Elon Musk Sells Nearly $7 Billion Worth of Tesla Stock Amid Twitter Uncertainty

Elon Musk sold nearly $7 billion worth of Tesla stock in recent days, regulatory disclosures show, amid uncertainty over the fate of his $44 billion deal to buy Twitter Inc. Mr. Musk, Tesla’s chief ex...

Trade Desk stock shoots 15% higher as ad-tech powerhouse’s sales, forecast top expectations

Trade Desk Inc. reported stronger-than-expected sales and guidance Tuesday amid doubts about the online-advertising industry, sending shares 15% higher in extended trading. Trade Desk TTD, -0.86% repo...

Redbox Is About to Be Acquired. The Stock Remains Crazily Overvalued.

Text size Redbox was hurt by a bet that theater releases of films would surge in a postpandemic world. Dreamstime The end is near for Redbox , and some investors are about to take a substantial hit as...

Apple Card growth, vendors blamed for mishaps in Goldman card business

Apple CEO Tim Cook introduces Apple Card during a launch event at Apple headquarters on Monday, March 25, 2019, in Cupertino, California. Noah Berger | AFP | Getty Images When it was unveiled in 2019,...

This is the ‘Jay Leno rule’ of saving money. You don’t have to be rich to do it

Comedian Jay Leno Getty Images/iStock Comedian Jay Leno has openly shared that while collecting two salaries — one from his ‘Tonight Show’ hosting gig and one from the 150 annual comedy shows he’d app...

Top-tier Live Entertainment Multiverse Platform VRJAM Launches Public Beta for PC

VRJAM, a leading multiverse platform for live entertainment, has announced its closed beta launch following 4 years of development. This live experience platform offers a rich ‘triple A game’ quality ...

Leading Live Entertainment Multiverse Platform VRJAM Announces Public Beta for PC and Meta Quest VR Headsets

Advertisement &nbsp &nbsp After four years of development, the top multiverse platform for live entertainment, VRJAM, has announced the launch of its closed beta. This live ex...

Is Japan open to travelers? It’s where Singaporeans want to travel

Some 49% of Singaporeans say they are considering Japan for their next vacation abroad, according to the market research firm YouGov. Interest may be even higher among young citizens. Some 68% of Sing...

Ezra Miller charged with felony burglary days after Warner Bros Discovery CEO Zaslav praises ‘Flash’ movie

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 | Filmmagi...

Netflix may be missing an opportunity in horror movies

A button for launching the Netflix application is seen on a remote control in this photo illustration in Warsaw, Poland on April 25, 2019. Jaap Arriens | NurPhoto | Getty Images There’s a big mo...

Disney, Coinbase, BioNTech, Rivian, and Other Stocks to Watch This Week

Text size Second-quarter earnings season continues this week, while a pair of July inflation figures and consumer sentiment surveys will be the highlights on the economic-data calendar. On Monday, Tys...

Judge in Twitter, Elon Musk Case Known for Quick Work

The judge who will decide whether Elon Musk should have to buy Twitter Inc. has a record of quickly deciding urgent cases over imperiled corporate deals and has ordered buyers to close deals they want...

Disney, Coinbase, BioNTech, Rivian, and Other Stocks for Investors to Watch This Week

Text size Second-quarter earnings season continues this week, while a pair of July inflation figures and consumer sentiment surveys will be the highlights on the economic-data calendar. On Monday, Tys...

Streaming Wars’ Latest Chapter Plays Out On Out-Of-Home Ads

An advertisement for Discovery+’s Shark Week in New York City. OUTFRONT The streaming wars have been well-documented over the past three years, as new launches and new patterns of consumer behav...

Netflix’s video game push sees few subscribers playing along

Netflix is accelerating its push into video games with plans to double its catalog of offerings by the end of the year, but for now, few of the streaming giant’s subscribers are playing. Since l...

Uber, Boeing, Warner Bros. Discovery: Stocks That Defined the Week

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AMC Entertainment Jumps 19% After ‘Apes’ Tout New Share Class

(Bloomberg) — AMC Entertainment Holdings Inc., the world’s largest theater chain, rose to a four-month high after its army of small investors embraced a new class of preferred equity the company...

NGL and mitú, Unite To Create A New Hispanic Media and Entertainment Powerhouse

John Leguizamo NGL David Chitel NGL Over the years, we have been reporting that today’s Hispanic consumers are looking more than ever to connect with their heritage, seeking authentic Hispanic cultura...

What a Buyback Tax Means for Apple, Meta, and Microsoft

Text size Arizona Democratic Sen. Kyrsten Sinema Drew Angerer/Getty Images Democratic party leaders struck a deal with moderate holdout vote Sen. Kyrsten Sinema, moving their climate and healthcare bi...

Twitter Stock Is Downgraded. Analyst Needs Just One Sentence to Explain Why.

Text size Twitter stock is downgraded given uncertainty over the company’s pending acquisition by Elon Musk. Justin Sullivan/Getty Images Twitter stock received another downgrade on Friday, fuel...

AMC takes aim at massive debt burden with ‘APE’ special dividend

AMC Entertainment Holdings Inc. took Wall Street by surprise with the announcement of its “APE” special dividend after market close on Thursday. This, of course, is a company that is no stranger to bo...

Warner Bros Discovery Had an Ugly Quarter. It’s Combining HBO Max and Discovery+.

In its first quarter as a combined company, Warner Bros. Discovery missed Wall Street’s estimates across the board, saw streaming subscriber growth slow, and watched its leverage rise. Warner Bros. Di...

FuboTV shares rally 23% after company shows double-digit revenue growth

Shares of streaming platform FuboTV Inc. FUBO, +1.71% were trading higher in Thursday’s after-hours market, following the release of second-quarter financial results which showed the company’s North A...

AMC Entertainment Q2 Losses Narrow, Issues Special Dividend To Reward APE Investors

AMC Entertainment saw revenue surge and net losses continue to narrow last quarter on a string of blockbusters led by Top Gun: Maverick. Comparisons with 2021 aren’t hard but exhibitors are seeing tic...

Warner Bros. Discovery CEO Zaslav embraces linear TV as he plans a streaming future

David Zaslav, President and CEO of Warner Bros. Discovery talks to the media as he arrives at the Sun Valley Resort for the Allen & Company Sun Valley Conference on July 05, 2022 in Sun Valley, Id...

AMC to issue preferred stock under the ticker symbol ‘APE’

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 appears to have found a creative solution to boost its s...

Warner Bros. Discovery streaming strategy in focus for Q2 earnings

Leslie Grace attends Warner Bros. Premiere of “The Suicide Squad” at The Landmark Westwood on August 02, 2021 in Los Angeles, California. Axelle/bauer-griffin | Filmmagic | Getty Images In...