NBC Paris Olympics opening ceremony to play on IMAX

A view shows the logo of the Paris 2024 Olympic and Paralympic Games, in Paris, France, March 19, 2024.  Benoit Tessier | Reuters Many of the world’s greatest athletes will make their big-screen debut in IMAX theaters this summer. NBC announced Friday that its live coverage of the 2024 Paris Olympics opening ceremony on July … Read more

5 things to know before the stock market opens Monday

Here are the most important news items that investors need to start their trading day: 1. Speed bump The stock market’s rip higher took a break last week. All three of the major U.S. averages dipped from their lofty highs. The Dow Jones Industrial Average fell 0.9% in its worst week since October, while the … Read more

Part Two’ box office opening sparks interest in ‘Part Three’

Sandworms emerge on the desert planet Arrakis in Denis Villeneuve’s “Dune: Part Two.” Warner Bros. | Legendary Entertainment After a two-month drought, “Dune: Part Two” has delivered a much-welcomed deluge of ticket sales to the domestic box office — and its success could bring a third franchise film to cinemas. The Warner Bros. and Legendary … Read more

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 LOS ANGELES — Movie theater operators are hoping that Warner Bros. and Legendary Entertainment’s “Dune: Part Two,” due out in theaters Friday, will be the much-needed oasis amid a drought of blockbuster content. Since the start of the … Read more

Warner Bros. Discovery halts Paramount Global merger talks

President and C.E.O. of Warner Bros. Discovery David Zaslav speaks during the New York Times annual DealBook summit on November 29, 2023 in New York City. Michael M. Santiago | Getty Images Warner Bros. Discovery has gone “pencils down” on a potential acquisition of Paramount Global, halting talks after several months of kicking the tires … Read more

Warner Bros. Discovery (WBD) earnings Q4 2023

The exterior of the Warner Bros. Discovery Atlanta campus is pictured after the Writers Guild of America began their strike against the Alliance of Motion Pictures and Television Producers, in Atlanta, Georgia, U.S. May 2, 2023. Alyssa Pointer | Reuters Warner Bros. Discovery missed analyst targets for both profit and revenue in the fourth quarter but … Read more

Companies make 2024 the year of cost cuts

Mathisworks | Digitalvision Vectors | Getty Images Corporate America has a message for Wall Street: It’s serious about cutting costs this year. From toy and cosmetics makers to office software sellers, executives across sectors have announced layoffs and other plans to slash expenses — even at some companies that are turning a profit. Barbie maker … Read more

Pay TV distributors are confused, concerned about sports joint venture

A Major League Baseball logo at Angel Stadium in Anaheim, California, May 22, 2022. Ronald Martinez | Getty Images It’s been about a week since Disney, Warner Bros. Discovery and Fox announced a new joint venture to offer live sports outside the traditional cable bundle, and pay TV distributors are still trying to figure out … Read more

‘Anyone But You’ could spark a rom-com renaissance in Hollywood

Glen Powell and Sydney Sweeney star in Sony’s “Anyone But You.” Sony Released just before the crowded Christmas movie season, Sony’s “Anyone But You” seemed destined to be anything but a box-office hit — especially after it tallied just $6 million in ticket sales during its opening weekend. However, the film’s box-office success was as … Read more

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