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How Disney's Upcoming Global Streaming Expansion Could Drive Subscriber Growth, Put Netflix Under Further Pressure
Thursday, January 27, 2022 - 8:07am | 426Walt Disney Co’s (NYSE: DIS) subscriber video on demand service Disney+ is planning an international blitzkrieg that could help it buoy sagging subscriber growth and make the competition more intense for rival Netflix Inc (NASDAQ: NFLX). What Happened: The Burbank, California-...
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TikTok Star Josh Richards, Mark Wahlberg Partner On Gen Z-Focused Production Company
Tuesday, February 23, 2021 - 6:01pm | 435Josh Richards, a 19-year-old social media star from Cold Springs, Ontario, has partnered with Mark Wahlberg to launch a new production company, CrossCheck Studios, LLC. What Happened: A joint venture between Richards' and Wahlberg’s production company Unrealistic Ideas will create content...
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#CancelDisneyPlus Trends As Conservatives Rage Over Gina Carano's Firing
Thursday, February 11, 2021 - 4:50pm | 606Lucasfilm, a subsidiary of Walt Disney Studios and The Walt Disney Company (NYSE: DIS) reportedly fired actress Gina Carano Wednesday following an Instagram post in which she compared being a conservative to being Jewish in Nazi Germany. What Happened: On Wednesday, #FireGinaCarano was...
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A Superstitious Reed Hastings Celebrates 200M Netflix Subscribers With Denny's Meal
Thursday, January 21, 2021 - 12:41pm | 500Netflix said it reached the 200-million subscriber mark in its fourth-quarter earnings report, and CEO Reed Hastings celebrated in a unique way. What Happened: Hastings, who co-founded Netflix Inc (NASDAQ: NFLX), continued his superstitious practice of celebrating company milestones with a...
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MGM Holdings Of The 'James Bond' Fame Is Up For Sale: WSJ
Tuesday, December 22, 2020 - 2:16am | 397Movie Studio MGM Holdings Inc has roped in Morgan Stanley (NYSE: MS) and LionTree LLC to aide a sale of its studio business along with its content library, reports the Wall Street Journal. What Happened: The fabled “James Bond” franchise owner’s shares are traded...
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Disney Highlights Original Content Push For Disney+, Hulu As It Consolidates TV Studios
Tuesday, December 1, 2020 - 11:53pm | 345Walt Disney Company (NYSE: DIS) has restructured its television studios business, effectively consolidating its three TV units into two. What Happened: The shakeup will see Karey Burke, the president of ABC Entertainment head 20th Television, while Jonnie Davis will stay at the helm of ABC...
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What Are The Long-Term Implications Of The NBA's China Dilemma?
Wednesday, October 9, 2019 - 5:22pm | 704The fallout in China from Houston Rockets General Manager's Daryl Morey’s now-deleted tweet in support of Hong Kong protesters is ongoing. Companies Cut Ties Tencent Holding/ADR (OTC: TCEHY), Vivo and CCTV have all suspending ties with the NBA following the...
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Warner Brothers CEO Exits After Sexual Misconduct Investigation
Monday, March 18, 2019 - 3:35pm | 333Warner Brothers CEO Kevin Tsujihara lost his job Monday after allegations of sexual misconduct, according to CNBC. What Happened The company has yet to name a successor for the exec, who is still under investigation for allegedly promising acting roles in exchange for sex. The...
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Report: AT&T In Talks With Media Heavyweight To Run HBO, Turner
Thursday, February 28, 2019 - 11:14am | 418Robert Greenblatt, a TV executive and heavyweight producer, is in talks to join AT&T Inc. (NYSE: T)'s leadership team to potentially run a new unit that would combine Turner entertainment networks, HBO and yet-to-be-launched streaming platform, sources close to the...
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Report: CBS CEO Les Moonves Accused Of Sexual Misconduct
Friday, July 27, 2018 - 2:50pm | 579CBS Corporation (NYSE: CBS) plunged 7 percent Friday on reports of sexual misconduct allegations against CEO Leslie Moonves. What Happened Ronan Farrow, the journalist whose Harvey Weinstein investigation inspired the #MeToo movement that toppled executives across U.S. industries,...
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MoviePass CEO Isn't Sure If The Service Will Bring Back 1 Movie Per Day
Thursday, April 26, 2018 - 1:57pm | 388Helios and Matheson Analytics Inc (NASDAQ: HMNY) popped as much as 5 percent Thursday on news that MoviePass abandoned its daily movie subscription package. As of April 13, for the same $9.95 per month that previously secured 365 movie showings, new customers get just four tickets per month plus a...
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Wall Street Grows Increasingly Skeptical Of The Prospects For MoviePass
Monday, April 23, 2018 - 2:38pm | 822Helios and Matheson Analytics Inc (NASDAQ: HMNY) stock has crashed more than 60 percent in 2018 as investors have grown increasingly skeptical of the prospects for the MoviePass subscription service. Helios and Matheson announced a $30-million offering last week that valued shares of the...
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Dr. Dre TV Show 'Vital Signs' Coming To Apple
Friday, February 12, 2016 - 2:57pm | 302Apple Inc. (NASDAQ: AAPL) is backing a "top-secret" scripted series starring Dr. Dre, according to a report by The Hollywood Reporter. HR, citing "multiple sources," stated that Dr. Dre will also serve as an executive producer in Apple's original TV series, dubbed "...
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Softbank Reportedly Offers $32.00/Share for Dreamworks Animation
Sunday, September 28, 2014 - 9:36am | 92SoftBank Corp. (OTC: SFTBY) is in talks to acquire DreamWorks Animation SKG Inc. (NASDAQ: DWA), according to The Hollywood Reporter and reported later by WSJ on Saturday. SoftBank reportedly has offered $32 per share, for the company headed by CEO Jeffrey Katzenberg, according to sources, valuing...
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Netflix Renews A Third Season For 'House Of Cards'
Friday, February 7, 2014 - 1:00pm | 195Netflix (NASDAQ: NFLX) on Tuesday confirmed to The Hollywood Reporter that House of Cards received an early renewal for a third season, before the debut of its second season on February 14. According to The Hollywood Reporter, Netflix chief content officer Ted Sarandos said he wanted more. At a...