Disney exceeded expectations in Q3 report, achieving its first profit from combined streaming services and reporting earnings per share of $1.39, despite challenges in its parks and experiences segment.
Games/Entertainment
Ad-Supported Streaming Boosts Disney's Global Reach to 157M Users
Disney reports 157 million global monthly active users on its ad-supported streaming services, with ad revenue becoming a key driver for profitability across Disney+, Hulu, and ESPN+.
Hybe Shares Plunge and Loses $423M After NewJeans Announces Contract Termination
NewJeans' contract termination from HYBE's sub-label ADOR, citing mistreatment and contract violations, causes a $423 million drop in HYBE's market value.
Disney's 'Moana 2' Expected to Lead Post-Pandemic Thanksgiving Box Office Recovery With $120M-$150M
Moana 2, alongside Wicked and Gladiator II, is set to make Thanksgiving 2024 the most lucrative post-pandemic holiday box office period, potentially exceeding $200 million.
Wicked,' 'Gladiator II' Dominates Box Office With $270M in Sales, Thanks to Big Marketing Push
'Wicked' and 'Gladiator II' top global ticket sales with a combined $270 million, driven by heavy marketing campaigns, reviving the box office ahead of the holidays.
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Montreal is set to become the first city in Canada to allow 24-hour drinking zones to reignite local tourism, but critics argue for lack of security and public transportation.
The person behind the social media handle DogPack404, only identified as Dawson, has been issued two cease and desist orders from MrBeast, the social media brand headed by embattled YouTuber Jimmy Donaldson, after accusations of fraudulent practices.
Roblox raised its annual bookings forecast, crediting increased user engagement and mature content for attracting older, higher-spending players.
Jimmy Donaldson, known for his YouTube screen name ‘MrBeast,’ admitted to the ‘inappropriate language’ he uttered in his early career, but stayed silent regarding the allegations regarding fraudulent corporate practices and questionable work ethics surrounding him and his team.
Movie theater giants, AMC, Cinemark, and Imax saw massive financial gains after 'Deadpool & Wolverine' opened to a record-breaking $205 million at the domestic box office, making it the highest-grossing R-rated movie debut.
High prices and local warnings have led to a decline in tourism to Paris during the Summer Olympics, impacting airlines and the hospitality industry.
MrBeast, the 300-million-subscriber YouTube channel and media company behind it, has been under fire in recent days due to double allegations directed at its founding co-presenters, Jimmy Donaldson and Ava Kris Tyson, regarding its questionable work ethics and predatory sexual behavior, respectively.
'Inside Out 2' Hits $1.46 Billion, Beating 'Frozen II' to Become Highest-Grossing Animated Film Ever
Despite not being available worldwide yet, Disney and Pixar's 'Inside Out 2' has already become the highest-grossing animated movie ever, surpassing 'Frozen II' with $1.46 billion in global ticket sales.
The Australian Parliament’s Standing Committee on Communications and the Arts heard evidence from a number of live music industry stakeholders, including Arts Queensland and QMusic.
