[ad_1] Still image from Spider-Man Into The Spider-Verse Source: Sony Pictures Movie fans apparently can’t get enough of superheroes. A trio of upcoming Marvel movies − the newest installments of the Guardians of the Galaxy, Spider-Man and Ant-Man franchises − are the top three most anticipated films for 2023, according …
Read More »Paramount’s peak earnings growth is likely in the past, Wells Fargo says in downgrade
[ad_1] Wells Fargo is shifting its perspective on Paramount , believing the entertainment company may have surpassed its peak earnings growth. “The transition to streaming appears to be the right one, but earnings might need another structural reset lower, even after streaming loses abate,” wrote analyst Steven Cahall in a …
Read More »Lionsgate leans toward spinning off studio business instead of Starz
[ad_1] 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 would be a change in strategy for the media and entertainment company, which said in May it expected …
Read More »How Bryan Lourd became one of the most powerful people in Hollywood
[ad_1] Bryan Lourd speaks onstage during the Lincoln Center American Songbook Gala honoring Bonnie Hammer at Broadway Theatre on January 29, 2020 in New York City. Slaven Vlasic | Getty Images Entertainment | Getty Images After shocking the corporate world last year with the news Discovery Communications would merge with …
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