[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 »Disney shares fall after ‘Avatar’ opening weekend comes in soft
[ad_1] Avatar: The Way of Water Courtesy: Disney Co. Shares of Disney dropped on Monday following a weaker-than-expected opening box office weekend for James Cameron’s “Avatar: The Way of Water.” Disney shares were trading down more than 4% at around $86 each, hitting a 52-week low for the company that …
Read More »Executives make media predictions for 2023
[ad_1] Andrew Ross Sorkin speaks with Netflix founder and Co-CEO Reed Hastings during the New York Times DealBook Summit in the Appel Room at the Jazz At Lincoln Center on November 30, 2022 in New York City. Michael M. Santiago | Getty Images Back by popular demand (OK, fine, I …
Read More »The Way of Water’ makes $17 million in Thursday previews
[ad_1] James Cameron’s “Avatar: The Way of Water” snared $17 million during its Thursday night previews on its way towards a $175 million opening weekend. The number itself is not particularly remarkable compared to other cinematic releases this year, but the percentage of tickets that were sold for 3D and …
Read More »CBS-owned stations added to free streaming service VUit
[ad_1] The streaming platform VUit is bulking up with newscasts from Paramount Global‘s owned and operated local CBS TV stations as the fledgling service looks to take a bigger foothold in the sprawling U.S. local news market. The streaming newscasts from CBS’s 13 owned and operated stations, two of which …
Read More »Penguin Random House CEO leaves after failed Simon & Schuster merger
[ad_1] Markus Dohle, Chief Executive Officer of Penguin Random House, pictured during Bertelsmann Annual Press Conference on March 22, 2016 in Berlin, Germany. Thomas Koehler | Photothek | Getty Images Penguin Random House said Friday that CEO Markus Dohle will step down at the end of the year, weeks after …
Read More »AGNC Investment is not a buy
[ad_1] Paramount Global: “Too cheap to believe. … I don’t know where it bottoms, but it sure isn’t close to the top.” Hasbro Inc: “I don’t like the earnings, and I think that Mattel‘s actually cheaper.” Citigroup Inc: “The book value is so different from where the common stock is, …
Read More »Paramount shares fall as CEO lowers ad revenue forecast
[ad_1] In this photo illustration, the Paramount Global logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Shares of Paramount Global fell about 7% Tuesday after CEO Robert Bakish lowered expectations for the company’s advertising sales during the fourth quarter. “The current …
Read More »Activision acquisition would be good for Microsoft and the overall stock market
[ad_1] Microsoft ‘s (MSFT) nearly $69 billion cash offer to buy video game giant Activision Blizzard (ATVI) has been under tremendous scrutiny since it was first announced back in January. But at least one Wall Street research firm says it’s highly likely that the deal will be completed in the …
Read More »Paramount scraps deal to sell Simon & Schuster to Penguin
[ad_1] The Penguin logo is visible on the spines of books displayed on a shelf at Book Passage on Nov. 2, 2021 in Corte Madera, California. The U.S. Department of Justice is suing Penguin Random House and Simon & Schuster to block the companies from completing a merger valued at …
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