NYT Columnist Andrew Ross Sorkin and C.E.O. of The Walt Disney Company Bob Iger speak during the New York Times annual DealBook summit on November 29, 2023 in New York City. Michael M. Santiago | Getty Images It’s the most wonderful time of the year! It’s the third annual anonymous media and entertainment executive predictions … Read more
The Grinch Source: Universal Studios It’s human nature for a new year to bring optimism and hope. For executives, investors and employees in the entertainment and telecommunications industries, 2024 is set to disappoint. Maybe that’s too grinchy. Some things will get better. The actors’ and writers’ strikes are over. The 2024 U.S. presidential election should … Read more
It’s no secret that battles among the major streaming players have been heating up. But a big acquisition by Disney underscores how the incumbents are trying to take the next steps to win the war. Earlier this month, Disney began rolling out a Hulu integration through its Disney+ streaming platform in a broader push to … Read more
Timothee Chalamet stars as a young Willy Wonka in Warner Bros.’ “Wonka.” Warner Bros. Discovery A younger, sweeter Willy Wonka enters theaters this weekend. Oh, and he does a lot more singing. Expectations are high that “Wonka” will deliver families to theaters, as the film has already generated goodwill with critics, scoring a clear “Fresh” … Read more
Hock Tan, CEO of Broadcom. Martin H. Simon | Bloomberg | Getty Images Broadcom shares jumped about 9% Monday after Citigroup resumed its coverage of the stock with a buy rating and updated its price target to $1,100. Shares are currently trading around $1,034. Citigroup said it resumed its coverage of the semiconductor and software … Read more
Igor Golovniov | Lightrocket | Getty Images Altice USA is in talks to sell the financial news streaming service Cheddar News to LA-based private equity firm Regent LP, according to people familiar with the matter. No deal is assured and discussions around structure are still fluid, said the people, who asked not to be named … Read more
Timothee Chalamet stars as a young Willy Wonka in Warner Bros.’ “Wonka.” Warner Bros. Discovery LOS ANGELES — There are just a few weeks left at the 2023 box office, and they’ll be dominated by movies from Warner Bros. The studio is capping off the year with three big features — “Wonka,” “Aquaman and the … Read more
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 Disney is beginning to roll out a Hulu integration on its Disney+ streaming platform in a bid to bundle subscribers. The full launch is expected March 2024, Disney … Read more
Sopa Images | Lightrocket | Getty Images Charter shares plunged more than 8% on Tuesday after its CFO Jessica Fischer said the company could lose broadband subscribers in the fourth quarter. Charter competitor Comcast‘s stock also slipped more than 3% in midday trading. “I can certainly see that it’s likely that we could end up … Read more
Neal McDonough stars as a mysterious man known as “the benefactor” in Angel Studio’s “The Shift.” Angel Studios “Sound of Freedom” broke the Hollywood mold this summer. Now, the studio behind the surprising smash is looking to follow-up that success with a science fiction thriller based on the Bible’s Book of Job. Angel Studios is … Read more
