It’s the battle of the KarJenners for who is the richest sister.
Earnings
“The Little Mermaid,” Disney’s live-action adaption of the 1989 movie, took home $48.3 million on its opening night Friday.
Two Japanese films by internationally renowned auteurs — “Monster” by Koreeda Hirokazu and “Kubi” by Kitano Takeshi — are in the Cannes lineup this year, and both carry with them big box office expectations in Japan. “Monster,” which is screening in competition, will be released on June 2 by Gaga…
Disney’s culling its content on Disney+ and Hulu is coming as early as next week — with the media company pulling off more than two dozen titles, including series “Willow,” “The Mysterious Benedict Society” and “Dollface,” and movies such as “The One and Only Ivan.” At the same time, CEO…
U.K. broadcasting giant ITV’s revenues dipped in the first quarter of 2023, but streamer ITVX has seen a growth uptick, according to figures released on Thursday. The financial and operating performance for the three months to March 31 was “as expected,” ITV said, with total external revenue down 7% at…
Nexstar reported its first-quarter 2023 earnings Tuesday, revealing its overall ad sales were down 6% year-over-year but its digital revenue increased by a record 16.5%, in part due to the inclusion of the CW Network in its offering. The TV station group giant turned a profit of $88 million in…
AMC Networks lost 300,000 subscribers across its streaming services in Q1, falling from 11.8 million at the end of 2022 to 11.5 million by March 31, the company reported in its earnings results Tuesday. This drop in subs follows a slight increase of 700,000 paid streaming customers between Q3 and…
Despite angry words from Taylor Swift, major issues with its Ticketmaster division, a Senate hearing and incoming legislation, Live Nation posted another record-breaking quarter in Q1 of 2023, with a record $3.1 billion in revenue — up 73% from the same period last year — and a record 19.5 million fans…
Apple’s revenue declined again in the March 2023 quarter, marking its second consecutive quarterly drop in sales. But the tech giant topped Wall Street forecasts, with its services business hitting a new record for revenue and iPhone sales showing unexpected strength. The company reported revenue of $94.8 billion, down 3%,…
Shares of Paramount Global tumbled as much as 25% in early trading Thursday after the media conglomerate reported disappointing first-quarter 2023 results and slashed its dividend. Paramount posted a Q1 net loss of $1.12 billion, as revenue of $7.27 billion was down 1% on shortfalls in its TV media and…