Illustration by Elham Ataeiazar The media industry is in the middle of change. There’s little doubt legacy cable TV will continue to bleed millions of subscribers each year as streaming takes over as the primary way the world watches television. Still, the details of what’s about to happen to a transitioning industry are unclear. CNBC … Read more
When the HBO black comedy “The White Lotus” premiered in the summer of 2021, it took viewers to Hawaii’s sunny Maui. It was a perfectly timed pandemic escape full of intrigue, satire, sex and bloodshed. The second season featured a mostly new cast — save for Jennifer Coolidge and her character’s quietly sinister husband, played … Read more
Avatar: The Way of Water Courtesy: Disney Co. As Disney and James Cameron’s “Avatar: The Way of Water” climbs its way up the box office ladder — as of Monday, it was just shy of becoming the third-highest grossing film of all time — movie theater analysts are spotting an important trend in ticket sales. … Read more
Adele and Beyoncé (Getty Images) It seems Grammys 2023 will look a lot like Grammys 2017with another high-profile matchup between Adele and Beyoncé. The pair is facing off again with their nominations in major categories: record of the year, song of the year and album of the year. This time around, Beyoncé has nine noms and … Read more
Nurphoto | Nurphoto | Getty Images Is sharing a Netflix password cybercrime? It will soon become, mostly, a thing of the past if the world’s largest streaming service has its way. After experimenting with a plan to crack down on password sharing in Latin America, Netflix will launch the U.S. version of this subscription identification … Read more
Vince McMahon attends a press conference at MetLife Stadium on February 16, 2012 in East Rutherford, New Jersey. Michael N. Todaro | Getty Images World Wrestling Entertainment Executive Chairman Vince McMahon is open to stepping away from the company “if it’s the right deal,” according to WWE CEO Nick Khan. Shares of the company rose … Read more
Hong Kong’s new global promotional campaign will “kickstart” the city’s reopening to international travelers, the Hong Kong Tourism Board told CNBC’s “Squawk Box Asia” on Friday. As part of the “Hello Hong Kong” campaign, which was launched on Thursday, 500,000 air tickets will be given away over the next six months, starting in March. The … Read more
Beyoncé performing. Larry Busacca | PW18 | Getty Images Ticketmaster is gearing up for what’s expected to be high demand for tickets to Beyoncé’s upcoming “Renaissance World Tour,” as the ticketing giant continues to face criticism over the botched presale for Taylor Swift’s “Eras” tour last year. Beyoncé announced Wednesday that her first solo world … Read more
In this photo illustration, the Penn Entertainment logo is displayed on a smartphone mobile screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Penn Entertainment on Thursday became the first U.S. gambling company to post a profit in its sports betting business during the final three months of a year. Usually, it’s tougher … Read more
Canadian Tammy Cecco wasn’t a fan of cruising. “The thought of being on a ship with thousands of other people and not being able to get off,” she said, “was something that I wanted to avoid.” That didn’t change when Cecco, a travel magazine publisher, boarded a surprise cruise booked by her husband to renew … Read more
Santa Fe prosecutors on Tuesday filed charges of two counts of involuntary manslaughter against Alec Baldwin for the fatal shooting on set of the “Rust” movie. They alleged that the actor had not been properly trained to handle the weapon that ultimately killed cinematographer Halyna Hutchins. Hannah Gutierrez-Reed, the armorer of the film, was also … Read more
James Gunn speaks onstage at the Marvel Cinematic Universe Mega-Panel during 2022 Comic-Con International Day 3 at San Diego Convention Center on July 23, 2022 in San Diego, California. Daniel Knighton | Getty Images “Storytelling is always king. That’s all that matters to us,” James Gunnthe co-CEO of DC Studios said Tuesday as he announced … Read more
In this photo illustration, Paramount+ (Paramount Plus) logo is seen on a smartphone against its website in the background. Pavlo Gonchar | SOPA Images | LightRocket | Getty Images Paramount Global is further joining its streaming and cable TV business by combining its Showtime TV network and streaming service, Paramount+. The company said Monday it … Read more
Zoom In IconArrows pointing outwards Molson Coors and Draft Kings Molson Coors is teaming up with online sports betting company DraftKings in a marketing campaign that allows viewers to place wagers on the beer company’s upcoming Super Bowl commercial, the companies said Monday. The partnership marks Molson Coors’ return to the Super Bowl after a … Read more
BEIJING — China’s consumption recovery from zero-Covid is getting off to a solid start – after a depressing fourth quarter. When Michelin-starred restaurant Dreaming reopened Thursday from a Lunar New Year break, it was fully booked, said Edward Suen, chief operating officer of the Guangzhou venue. Reservations for the next three days were near capacity, … Read more
Game maker Hasbro Justin Sullivan | Getty Images Hasbro said Thursday it would eliminate around 1,000 employee positions and warned of weak holiday-quarter results. Shares of the toy maker fell more than 6% in extended trading. “Despite strong growth in Wizards of the Coast and Digital Gaming, Hasbro Pulse, and our licensing business, our Consumer … Read more
The NBCUniversal Inc. Peacock streaming service is displayed on a laptop computer in an arranged photograph taken in the Brooklyn Borough of New York, U.S., on Monday, April 20, 2020. Gabby Jones | Bloomberg | Getty Images Streaming service Peacock has slowly been taking flight with consumers. Its losses on Comcast’s balance sheet, however, have … Read more
A still promo for the film Skinamarink. Coutesy: Bayview Entertainment Experimental horror film “Skinamarink” has been all the buzz on social media for months — and now it’s a sleeper hit at the box office. “Skinamarink,” the first feature from Canadian director Kyle Edward Ball, has pulled in over $1.5 million at the box office … Read more
Justin Roiland visits the #IMDboat at San Diego Comic-Con 2022. Michael Kovac | Getty Images Entertainment companies are cutting ties with “Rick and Morty” co-creator and star Justin Roiland following revelations that he faces felony charges of domestic violence. Hulu said Wednesday it will no longer work with Roiland, according to NBC News. He had … Read more
State Attorney General Letitia James speaks during Martin Luther King Jr. Day at National Action Network House of Justice Headquarters. Lev Radin | Lightrocket | Getty Images New York Attorney General Letitia James wants to hear from Madison Square Garden Entertainment Corporation about the company’s reported use of facial recognition technology at its venues. MSG … Read more
Wells Fargo on Tuesday said it expects Walt Disney (DIS) to “come out swinging” when the entertainment conglomerate reports fiscal first-quarter results early next month. At the Club, we’re slightly more cautious and will be looking closely for a detailed turnaround plan from CEO Bob Iger. When Disney releases its first-quarter earnings on Feb. 8, … Read more
Amy Edwards demonstrates against the live entertainment ticket industry outside the U.S. Capitol January 24, 2023 in Washington, DC. Drew Angerer | Getty Images The Senate Judiciary Committee slammed concert giant Live Nation on Tuesday, calling on activists and artists to speak to competition in the ticketing industry following a botched sale of Taylor Swift … Read more
An Oscar statue is shown in a shopping mall next to the arrivals area as preparation for the 92nd Academy Awards continues in Los Angeles, California, February 7, 2020. Mike Blake | Reuters The nominations for the 95th annual Academy Awards are set to be announced on Tuesday morning. Actor and producer Riz Ahmed and … Read more
U.S. President Joe Biden speaks during the National Association of Counties Legislative Conference in Washington, D.C., U.S., February 15, 2022. Joshua Roberts | Reuters President Joe Biden made a surprise video appearance on “Saturday Night Live” during first-time host Aubrey Plaza’s monologue. The “White Lotus” star, who, like Biden, is from Delaware, joked that she … Read more
Avatar: The Way of Water Courtesy: Disney Co. Disney‘s “Avatar: The Way of Water” has topped $2 billion at the global box office, marking the second James Cameron film to reach this benchmark. Only five other films have hit this metric — the original “Avatar,” “Avengers: Endgame,” Cameron’s “Titanic,” “Star Wars: The Force Awakens” and … Read more
