Why deregulation may not unlock media deals for WBD, others

Why deregulation may not unlock media deals for WBD, others

David Zaslav at the Allen & Company Sun Valley Conference on July 9, 2024 in Sun Valley, Idaho. David Grogan | CNBC Comcast Chief Executive Officer Brian Roberts had a not-so-subtle message this week for Warner Bros. Discovery CEO David Zaslav: If you’re selling, I’m not buying. “Instead of engaging in a process to buy content … Read more

‘Deadpool and Wolverine’ set for highest opening of an R-rated film

‘Deadpool and Wolverine’ set for highest opening of an R-rated film

Ryan Reynolds and Hugh Jackman star in Marvel’s “Deadpool and Wolverine.” Disney The “Merc with a Mouth” returns to the big screen this weekend, and he’s doing more than bringing an R-rating to Disney’s Marvel Cinematic Universe. “Deadpool and Wolverine,” the third standalone feature starring Ryan Reynolds as the regenerating degenerate, is expected to tally … Read more

Wall Street sinks, Tesla slumps

Wall Street sinks, Tesla slumps

Traders work on the floor of the New York Stock Exchange (NYSE) on July 24, 2024 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more

Wall Street sinks, Ford slumps

Wall Street sinks, Ford slumps

Traders work on the floor of the New York Stock Exchange (NYSE) on July 24, 2024 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more

NBA picks Amazon for media rights over Warner Bros. Discovery

NBA picks Amazon for media rights over Warner Bros. Discovery

Luka Doncic #77 of the Dallas Mavericks shoots the ball against the Boston Celtics during Game 5 of the 2024 NBA Finals on June 17, 2024 at the TD Garden in Boston. Nathaniel S. Butler | National Basketball Association | Getty Images The National Basketball Association has told Warner Bros. Discovery it doesn’t intend to … Read more

‘Inside Out 2’ highest grossing animated movie ever, passes ‘Frozen 2’

‘Inside Out 2’ highest grossing animated movie ever, passes ‘Frozen 2’

Amy Poehler and Maya Hawke voice Joy and Anxiety, respectively, in Disney and Pixar’s “Inside Out 2.” Disney | Pixar Disney is back on top at the box office. On Tuesday, “Inside Out 2” surpassed $1.46 billion in global ticket sales, making it the highest-grossing animated feature of all time, usurping another Disney title, “Frozen … Read more

AMC warns of Q2 2024 earnings ‘weakness’

AMC warns of Q2 2024 earnings ‘weakness’

The AMC 25 Theatres in Times Square in New York is seen on Tuesday, July 8, 2014. Richard Levine | Corbis News | Getty Images AMC Entertainment on Wednesday warned investors of declines in key metrics during the second quarter, sending its shares down more than 7%. The company blamed last year’s actors and writers … Read more

Warner Bros. Discovery says it will match Amazon

Warner Bros. Discovery says it will match Amazon

Warner Bros. Discovery said Monday it has informed the National Basketball Association that it intends to use its matching rights for a package of games earmarked for another company. Warner Bros. Discovery is targeting the deal between the NBC and Amazon Prime Video, according to a person familiar with the matter. “In an effort to … Read more

Warner Bros. Discovery match period starts

Warner Bros. Discovery match period starts

Jaylen Brown, #7 of the Boston Celtics, shoots a three-point basket against the Dallas Mavericks during Game 5 of the 2024 NBA Finals at TD Garden in Boston on June 17, 2024. Nathaniel S. Butler | National Basketball Association | Getty Images With National Basketball Association media rights approaching final form, Warner Bros. Discovery is … Read more

Penn lays off about 100 employees as it focuses on ESPNBet growth

Penn lays off about 100 employees as it focuses on ESPNBet growth

The ESPN Bet app on a smartphone arranged in New York, US, on Thursday, Feb. 22, 2024.  Gabby Jones | Bloomberg | Getty Images Penn Entertainment will lay off about 100 employees as it focuses on growth for ESPNBet. CEO Jay Snowden told staff members in an internal email that the changes will enhance operational … Read more