Part Two’ hits theaters Friday amid box office drought

Part Two’ hits theaters Friday amid box office drought

Timothee Chalamet stars as Paul Atreides in Denis Villeneuve’s “Dune: Part Two.” Warner Bros. | Legendary Entertainment “The arrival of ‘Dune: Part Two’ is coming at a point where the industry is looking for that momentum igniting blockbuster,” said Paul Dergarabedian, senior media analyst at Comscore. So far in 2024, no film has generated more … Read more

Reliance-Disney merger: An entertainment juggernaut emerges

Reliance-Disney merger: An entertainment juggernaut emerges

India’s largest media and entertainment business is getting stitched up, spanning 100 TV channels, two streaming platforms Disney+ Hotstar and JioCinema, rights to premier sporting tournaments, including cricket Indian Premier League, as well as a robust international catalogue of content as American entertainment conglomerate The Walt Disney Company and billionaire Mukesh Ambani’s Reliance Industries have … Read more

Wall Street misunderstands new sports joint venture

Wall Street misunderstands new sports joint venture

EW Scripps CEO Adam Symson Source: EW Scripps Local TV station owners including Sinclair, TEGNA and EW Scripps all saw their valuations plummet this week after Disney, Warner Bros. Discovery and Fox announced a new sports joint venture set to launch this fall. Sinclair dropped 12% Wednesday, TEGNA fell 7.2% and Scripps plummeted 24% as … Read more

Stock market today: Live update

Stock market today: Live update

15 Mins Ago Deutsche Bank stands by NIO buy rating but slashes price target 31% Deutsche Bank stood by Shanghai-based electric vehicle manufacturer NIO Inc. in a report out Thursday, rating the $12 billion stock a buy ahead of quarterly results due Dec. 5. But the firm slashed its price target by 31% to $11 … Read more

CBS News chief Neeraj Khemlani reportedly stepping down

CBS News chief Neeraj Khemlani reportedly stepping down

Neeraj Khemlani, president of CBS News, at the annual White House Correspondents’ Association Dinner in Washington, U.S., April 29, 2023. Tom Brenner | Reuters Neeraj Khemlani, the president and co-head of CBS News and Stations, is stepping down from his role, according to a Sunday report from Variety. Khemlani told employees in a memo on … Read more