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Netflix Testing Theatrical Model With 'Army Of The Dead'
Friday, May 14, 2021 - 1:14pm | 509In a tale of the times for the post-pandemic world, movie theaters are welcoming back customers. The shift to streaming platforms by many of the largest entertainment companies has left theaters without their normal slate of blockbusters. Enter Netflix Inc (NASDAQ: NFLX). What Happened: “Army...
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Dubbing 'Wonder Woman 1984' A Success, Warner Bros Hastens Development Of Sequel
Monday, December 28, 2020 - 4:52am | 387AT&T Inc’s (NYSE: T) motion pictures subsidiary Warner Bros. on Sunday announced that it plans to speed up the development of the next installment of the Wonder Woman franchise. The second superhero flick in the line, "Wonder Woman 1984 — " starring Gal Gadot...
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Warner Bros Unveils Harry Potter RPG For PlayStation, Xbox
Thursday, September 17, 2020 - 3:05am | 436AT&T Inc (NYSE: T) subsidiary Warner Bros unveiled a new Harry Potter-themed role-playing game that lets players immerse themselves in Hogwarts School of Witchcraft and Wizardry, as it was in the 1800s, on Wednesday. What Happened: “Hogwarts Legacy” developed by Avalanche will be...
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Bezos Purchases Jack Warner's Former Beverly Hills House For $165M In Record Deal
Wednesday, February 12, 2020 - 11:33pm | 407The world's richest person Jeff Bezos has set a new record for the most expensive purchase of residential property in Los Angeles. What Happened The Amazon.com Inc. (NASDAQ: AMZN) founder and CEO has purchased the Beverly Hills Warner Estate for $165 million from billionaire entertainment mogul...
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Disney Sets A Box Office Record 5 Months Early; 'Rise Of Skywalker,' 'Frozen 2' Still On The Way
Monday, July 29, 2019 - 6:21pm | 332Walt Disney Co (NYSE: DIS) has been absolute fire at the box office this year. Just a few days away from August, Disney has already hit a record $7.67 billion in yearly global revenue with its latest hit "The Lion King" nearing $1 billion two weeks after release. Over $5.09 billion ...
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Silicon Valley Meets Detroit: Intel Targets Autonomous Opportunity With Test Cars, Partnerships
Monday, January 15, 2018 - 7:57pm | 635The adoption of autonomous vehicles is a matter of trust, according to Intel Corporation (NASDAQ: INTC). The chipmaker is building its own fleet of autonomous test vehicles — not with the intention of entering the automotive sector, but rather to validate algorithms, map roads and conduct...
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Movie Studios Blame Rotten Tomatoes For Box Office Woes
Monday, September 11, 2017 - 8:41am | 867Hollywood’s offering a modern twist to the “Frankenstein” tale with a live, unscripted performance. In the twilight of its worst summer since 2006, with North American revenue under $4 billion and 15 percent below summer 2016, studios are holed up in a bombed-out box office...
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Snap Secures Time Warner Partnership On Content, Ads
Monday, June 19, 2017 - 1:03pm | 454Time Warner Inc (NYSE: TWX) on Monday announced a $100 million partnership with Snap Inc (NYSE: SNAP) to produce bite-sized dramas and comedies for the platform. The deal involves two years of ads and up to 10 original shows from Time Warner properties HBO, Turner and Warner Bros. The content is...
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2016 Was The Biggest Year Ever At The Box Office, So What's In Store For 2017?
Wednesday, January 4, 2017 - 10:20am | 386Walt Disney Co (NYSE: DIS) dominated a record-breaking year at the box office in 2016. Following the release of “Rogue One,” Disney became the first studio ever to reach the $7 billion mark in global box office sales in a single year. In fact, the top four grossing movies of the year in...
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Goldman Reiterates Buy On Time Warner, Pleased With HBO And Hulu News
Thursday, August 4, 2016 - 9:23am | 376Time Warner Inc (NYSE: TWX) reported robust 2Q16 results, with the EPS beating expectations. The company also raised its FY16 EPS guidance. Goldman Sachs’ Drew Borst reiterated a Buy rating on the company, while raising the price target from $87 to $89. Beat And Raise Time Warner reported its...
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What 'Tarzan's' Opening Weekend Means For Warner Brothers
Tuesday, July 5, 2016 - 1:22pm | 271Over the last few years, Warner Bros. (Time Warner Inc (NYSE: TWX)) has put a lot of movies in development that sounded good on papers but analysts questioned if they would be financially viable. This weekend's new release "The Legend of Tarzan" was squarely on that list. The good news for the...
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'Conjuring 2' Gives Warner Bros. A Big Win While Universal's 'Warcraft' Falls Hard Domestically
Tuesday, June 14, 2016 - 1:53pm | 352The box office was crowded last weekend as Warner Bros. (Time Warner Inc (NYSE: TWX)), Universal (Comcast Corporation (NASDAQ: CMCSA)) and Lions Gate Entertainment Corp. (USA) (NYSE: LGF) all released a new entry into the summer box office battles. The results, while mixed, were surprisingly not...
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Ninja Turtles' Sequel Stalls Out On Paramount, 'Me Before You' Surprises For Warner Bros.
Tuesday, June 7, 2016 - 9:38am | 231The box office gives, and it takes away. This weekend, that scenario happened to Paramount (Viacom, Inc. NASDAQ: VIAB)) when its "Teenage Mutant Ninja Turtles" sequel "Out of the Shadows" faded over its opening three-day frame. The film struggled, despite a late surge to push its total to $35...
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CinemaCon 2016: Everything You May Have Missed
Monday, April 18, 2016 - 8:34am | 496Every year for a few days Las Vegas becomes the focal point of the film industry. The event is CinemaCon, and it’s a time where Hollywood studio executives show off their latest and greatest to the theater owners who screen their content. It’s a way of showing the exhibitors what’...
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CinemaCon 2016: Warner Bros. Betting On Comedy, Animation And Connected Universes
Sunday, April 17, 2016 - 6:27pm | 601Over the last few days, Hollywood took a trip to Las Vegas for the annual CinemaCon event. It was there that exhibitors from all around the country came to see what movies are going to be burning up their screens through the rest of the year and beyond. This is a studio-by-studio recap of the...