Jimmy Butler #22 of the Miami Heat dribbles against Jamal Murray #27 of the Denver Nuggets during the fourth quarter in Game Five of the 2023 NBA Finals at Ball Arena on June 12, 2023 in Denver, Colorado. Justin Edmonds | Getty Images Sport | Getty Images The National Basketball Association’s upcoming decision on which … Read more
Disney said Tuesday it would nearly double its planned investment to roughly $60 billion in its parks business. Theme parks have been a relative bright spot while the company struggles to make a profit on streaming. Still, domestic parks, particularly Walt Disney World in Florida, have seen a slowdown in attendance and hotel room purchases. … Read more
Theaters are no stranger to screening taped concerts, plays and musicals to guests, but Taylor Swift could usher in a new era of event cinema. The Eras Tour concert movie is slated to open Oct. 13 in major movie theater chains such as AMC and Cinemark. Interest in unique cinematic experiences and communal events is … Read more
My top 10 things to watch Wednesday 1. Equities are lower in premarket trading Wednesday, with the S & P 500 and Nasdaq Composite both down around 0.2%. Meanwhile, oil prices pulled back slightly after having soared 1.5% on Tuesday on the back of Saudi Arabia’s extended production cuts. West Texas Intermediate crude was trading … Read more
Women are fueling China’s box office, according to a Morning Consult survey. This marks a cultural shift in the country and a new entry point for Hollywood studios. While women account for less than half of the region’s population, they represent 52% of monthly moviegoers. Hollywood has struggled to regain a foothold in China in … Read more
NEW YORK (AP) — Stocks are mostly rising Monday as Wall Street regains some momentum following a pause in its big rally for the year so far. The S&P 500 was 0.4% higher in midday trading, coming off its first losing week in the last four. The Dow Jones Industrial Average was up 307 points, … Read more
Online retail giant Amazon.com Inc.’s AMZN second-quarter results and third-quarter forecast sales last week were a bet that more consumers would start buying more things, but Wall Street’s expectations for the third quarter overall have only grown dimmer. With most of the 500 companies that make up the S&P 500 Index SPX already through the … Read more
ESPN a eu des discussions initiales sur des partenariats stratégiques avec la NBA, la NFL et la MLB qui pourraient inclure les ligues acquérant une participation dans l’entreprise, ont déclaré des sources à CNBC. Le PDG de Disney, Bob Iger, a évoqué la possibilité d’apporter un partenaire stratégique à ESPN dans une interview la semaine … Read more
ESPN is laying off about 20 on-air personalities. Cuts include NBA analysts Jeff Van Gundy and Jalen Rose. The cost-cutting efforts come as ESPN tries to meet its financial targets for 2023 and beyond. ESPN Chairman Jimmy Pitaro Steve Zak Photography | FilmMagic | Getty Images Disney’s ESPN on Friday is informing about 20 of … Read more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s David Faber reports that activist investor Nelson Peltz is seeking a seat on Disney’s board of directors. With CNBC’s Melissa Lee and the Fast Money traders, Tim Seymour, Carter Worth, Steve Grasso and Courtney Garcia. 06:57 Wed, Jan 11 20236:13 PM … Read more