Media, telecom companies face rough 2024

The Grinch Source: Universal Studios  It’s human nature for a new year to bring optimism and hope. For executives, investors and employees in the entertainment and telecommunications industries, 2024 is set to disappoint. Maybe that’s too grinchy. Some things will get better. The actors’ and writers’ strikes are over. The 2024 U.S. presidential election should … Read more

‘West Side Story’ is officially a box office bomb

Despite rave reviews, Steven Spielberg’s “West Side Story” has failed to gain traction with audiences at the box office. In its first three weeks in cinemas, the adaption of Leonard Bernstein and Stephen Sondheim’s Tony Award-winning musical, has captured just $36.6 million in global ticket sales. Its production budget was around $100 million, not including … Read more