Warner Bros

Warner Bros. Discovery (NASDAQ:WBD) is facing a $9 billion write-down, causing its stock to plummet by more than 10%. This comes in the wake of the company’s realization that the merger of WarnerMedia and Discovery was not as fruitful as anticipated. What Happened: Warner Bros. Discovery, the...

In a recent development, Verizon Communications Inc. (NYSE:VZ) is said to be joining forces with Netflix Inc. (NASDAQ:NFLX) and Warner Bros Discovery (NASDAQ:WBD) to introduce a competitively priced streaming bundle, revealed an insider. What Happened: A Reuters report...

The Hollywood strike, which has lasted for months, is nearing its end, and it’s the right time to reflect on the shows that faced disruption during this period. What Happened: Negotiations between the major film and television studios and the striking writers from the ...

Greta Gerwig‘s ‘Barbie’ movie, featuring Margot Robbie, has grossed over $1.03 billion globally in just three weeks, making Greta Gerwig the first solo female director to achieve this feat, CNN reports. Jeff Goldstein, President of Domestic Distribution, and Andrew Cripps,...

Warner Bros Discovery Inc (NASDAQ: WBD) recently released a financial update revealing that "The Last of Us" television series is an undeniable hit, attracting almost 32 million cross-platform viewers per episode in the United States alone. During the Q1 2023 earnings call...

Since the early 1990s, one of the best performing film franchises has been “Jurassic Park,” which has launched six movies with huge success. While Comcast Corporation (NASDAQ: CMCSA) has benefitted from the world’s love of dinosaurs, no other media company has been able to match...

One of the year’s most anticipated theatrical movie releases may cost more to see than other movies. What Happened: One of the largest movie theatre companies in the world is experimenting with variable pricing and using the highly anticipated “The Batman” as a test. AMC...

AMC Entertainment Holdings (NYSE: AMC) is launching another collection of non-fungible tokens to coincide with one of the most anticipated movies of 2022. What Happened: AMC announced consumers who purchase or reserve a ticket for “The Batman” at AMC locations by Feb. 14 and see...

An NFT platform that has worked with large brands and companies announced a Series B funding round Thursday. What Happened: Palm NFT Studio announced a $27 million Series B raise. The funding round was led by M12, the venture fund of Microsoft Corp (NASDAQ: MSFT). Other investors in the funding...

Timothée Chalamet who plays the fictional chocolatier “Willy Wonka” in the upcoming film “Wonka” has addressed sexual allegations against fellow actor Armie Hammer. What Happened: Chalamet made his comments to Time Magazine in a profile piece on Monday. On the fellow...

Movie theatre chain AMC Entertainment Holdings Inc. (NYSE: AMC) said it has reached an agreement with AT&T Inc.’s (NYSE: T) Warner Bros. to show the studio’s 2022 slate in theatres for an exclusive 45-day window. What Happened: The deal was announced by AMC Entertainment CEO Adam...

Struggling movie theaters had high hopes 2021 would be a turnaround year due to a strong slate of movie releases. In the latest blow to the industry, AT&T Inc. (NYSE: T) and its Warner Bros. studio unit said Thursday it will simultaneously stream its films next year on its platform. What To...

With a record-setting opening weekend, “Beauty and the Beast” is now at the core of two prominent Walt Disney Co (NYSE: DIS) eras. Before it defined the age of live-action remakes, the cartoon story was a forceful unit of the company’s Renaissance period. The Disney Resurgence...

Time Warner Inc (NYSE: TWX) shareholders can breathe a sigh of relief this week after Warner Bros' “The Legend of Tarzan” beat analyst expectations and delivered a solid opening weekend at the box office. “Tarzan” brought in an estimated $38.1 million this weekend, well...