DIRS.INFO The most relevant business & tech news

☆ Nintendo expects to sell 13.5 million Switch consoles this year as it beats profit estimates
▼ + stars: | 2024-05-07 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

Nintendo on Tuesday reported quarterly profit that beat market estimates and said it sold more units of its flagship Switch console than it had forecast. Here's how Nintendo did in its fiscal fourth quarter versus LSEG estimates:Revenue: 277.1 billion Japanese yen ($1.8 billion) versus 280.6 billion yen expected. Net profit: 82.6 billion yen versus 57.2 billion yen expected. Earlier this year, Nintendo hiked its forecast for sales of its flagship Switch console to 15.5 million units in its fiscal year ended March. The company said it expects to sell 13.5 million Switch consoles in the fiscal year ended March 2025.

Persons: Mario Organizations: NINTENDO, Universal Studios Hollywood, Nintendo, Investors, Analysts, CNBC, Mario Bros Locations: Universal City , California

☆ John Leguizamo on His Best Movie Roles: 'Carlito's Way,' 'Encanto'
▼ + stars: | 2024-05-07 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +11 min

Before John Leguizamo was an acclaimed writer, director, and film star, he was a young Latino actor just trying to get into audition rooms. On turning down 'Carlito's Way' multiple times and becoming a leading man(L-R) Al Pacino and John Leguizamo in "Carlito's Way." UniversalYou've spoken before about turning down "Carlito's Way" a few times before you eventually made the call to sign on. John Leguizamo as Luigi in "Super Mario Bros." (1993) Warner BrosOn doing too many 'ice movies' and feeling dissed by 'Mr. On 'Sigma male' Bruno and getting a bonus for 'Encanto'Maribel and Bruno (voiced by John Leguizamo) in "Encanto."

Persons: John Leguizamo, Leguizamo, Brando, James Dean, Shakespeare, William Goldman, Benny Blanco, Luigi, Mario, he's, He's, Al Pacino, I've, Benicio, Annabel Jankel, Rocky Morton, Mr, Smith, you've, Wears, Stanley Tucci, Robin Williams, Vince Vaughn, Sid, Sloth, Fox, —, Mike Berg, Peter Ackerman, Chris Wedge, Philip Seymour Hoffman, Ben Stiller, Ray Romano, Denis Leary, Michael Keaton, would've, hadn't, Bruno, Coco, that's, Lin, Manuel Miranda, Spike Lee, Sam, Mel Blanc, I'd Organizations: Broadway, New York Daily News, Warner Bros, Marvel, Sigma, Walt Disney Animation, Disney, Cannes, HBO Locations: Jackson Heights , Queens, Toro, Puerto Rican

☆ Profit from video games that were turned into movies doubled in 2023. Hollywood wants more.
▼ + stars: | 2024-03-31 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +4 min

Hollywood is increasingly adapting video games into movies and TV shows. Video game studios are cautious, fearing adaptations could compromise their intellectual properties. But Hollywood has a backup plan: Video games. Ampere found that Hollywood shifted its focus away from comic books in movies and television shows last year in favor of video game adaptations like "The Last of Us." Video game adaptations typically get a bad rap as schlocky retellings, especially from younger gamers.

Persons: —, Ampere, Mario, Barbie, Paul Dergarabedian, Comscore, Helene Juguet, Lance Reddick —, Black —, Strauss Zelnik, Zelnik Organizations: Hollywood, Service, Wall Street, Ampere, Amazon Prime, Netflix, Mario Bros, Guardians, Marvel, Ubisoft Film, Television, Newsweek, Forbes, Miami, Electronic Gaming Association Locations: London, Austin

☆ Nintendo shares fall nearly 6% after report that the Switch 2 will be delayed until 2025
▼ + stars: | 2024-02-19 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

A statue of Nintendo's video game character Mario stands on display at the Nintendo Game Front showroom in Tokyo, Japan. Bloomberg reported on Saturday that Nintendo had told game publishers that the Switch 2 would be delayed until the early months of 2025, citing people with knowledge of the matter. Shares of Nintendo fell on Monday after a report suggested the launch of the Switch 2, the next version of its flagship gaming console, would be delayed. Nintendo was targeting a release of the console toward the end of this year, but told game makers it could slip into next year, the report said. Analysts who spoke to CNBC earlier this year also said they expected a new Switch console to be launched in the second half of this year.

Persons: Mario Organizations: Nintendo, Bloomberg, CNBC, Analysts, Mario Bros Locations: Tokyo, Japan

☆ Nintendo's stock could rise by 30%, say analysts — if it overcomes these hurdles
▼ + stars: | 2024-02-08 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Gibson, a senior research analyst at financial services firm MST Marquee, has set a price target of 11,000 Japanese yen ($74) for Nintendo's stock. This represents a 31% upside over the current price. He told the investment bank's clients that Nintendo could delay the Switch 2 launch if the momentum for the current console remains strong. The analyst has rated Nintendo a buy but set a conservative price target of 8,400 yen. However, if the new console fails to gain traction with consumers, Gibson cautioned that Nintendo's stock is likely to miss his price target.

Persons: David Gibson, Gibson, Mario, That's, isn't, Jefferies, Atul Goyal, Goyal, Junko Yamamura, — CNBC's Arjun Kharpal Organizations: Nintendo, Super Nintendo, Universal Parks & Resorts, Mario Bros, CNBC, Citi Locations: United States, Germany, Florida

☆ Nintendo hikes sales forecast of flagship Switch console to 15.5 million units
▼ + stars: | 2024-02-06 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

The Japanese gaming giant previously forecast sales of 15 million Switch consoles in the current fiscal year which ends in March. Here's how Nintendo did in its fiscal third quarter, from October to December, versus LSEG estimates: Net sales: 598.6 billion Japanese yen ($4 billion) versus 568.7 billion yen expectedNet profit: 136.7 billion Japanese yen versus 130.3 billion yen expected Net sales fell 6% year-on-year while net profit rose 18%. Switch boostThe December quarter underscores how Nintendo has managed to extend the life of its near seven-year old Switch console. Nintendo said the "Super Mario Bros. Wonder" game, which was released in October, had a "solid start," with sales of 11.96 million units. Nintendo Switch successor in focus

Persons: Mario, Zelda, Charly Triballeau, upping, Donkey Kong, Princess Peach Organizations: Nintendo, AFP, Getty, Mario Bros

TOKYO (AP) — Nintendo reported healthy sales and profits on the back of the hit “Super Mario Bros. Wonder” game, prompting the Japanese video game maker to raise its full fiscal year forecasts. Kyoto-based Nintendo Co. said Tuesday that demand for what it called the first completely new Super Mario game in the series remained strong. More than 10.7 million units of the latest Super Mario game have been sold around the world since it went on sale in October, according to Nintendo. Nintendo, which did not break down quarterly numbers, expects a full year profit of 440 billion yen ($3 billion), up from an earlier projection for a 420 billion yen ($2.8 billion) profit. The Super Nintendo World park is set to open next year in Florida.

Persons: Mario, ”, “ Mario, Kong, Peach, ___ Yuri Kageyama Organizations: TOKYO, — Nintendo, Nintendo Co, Nintendo, U.S, Universal Studios Locations: Kyoto, Japan, Florida

☆ Nintendo raises Switch sales forecast to 15.5 million units
▼ + stars: | 2024-02-06 | by ( Arjun Kharpal | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNintendo raises Switch sales forecast to 15.5 million unitsNintendo raised its forecast for sales of its flagship Switch console from 15 million units to 15.5 million units for its fiscal year ending in March. Interest in the Switch remains high thanks to the “Super Mario Bros. Movie” and the flagship Zelda game last year, CNBC's Arjun Kharpal reports.

Persons: Mario, CNBC's Arjun Kharpal Organizations: Nintendo, Mario Bros

☆ The Apple Vision Pro is blowing users away during their demos. But there's one issue.
▼ + stars: | 2024-02-02 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

🥹🥹🥹 what a day can’t believe Vision Pro is out pic.twitter.com/p0JCkuZ7Z1 — Linda Dong 🥽 (@lindadong) February 2, 2024The excitement grew as Apple Store visitors tried the Vision Pro. AdvertisementWent to Apple Store to do the Vision Pro demo and I can’t articulate what exactly I just saw. @peach.mcintyre COME WITH PEACH 🍑 TO THE APPLE STORE TO DO A FREE DEMO OF THE APPLE VISION PRO: APPLE PRO REVIEW ♬ original sound - Peach.McIntyreBut not everyone expressed total enthusiasm for the headset. Opinions on the weight of the Apple Vision Pro — which some early testers complained crushed their face — varied. Whether or not those who demoed the Vision Pro in-store ended up purchasing their own, customer interest in Apple's flashy product seems to be strong.

Persons: —, techies, Du, flo o, Hal l, arie, ava Organizations: Service, Vision, Apple, Business Locations: SION, sion

☆ I waited in line to try Apple's Vision Pro for free on launch day. One feature blew me away.
▼ + stars: | 2024-02-02 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Apple's Vision Pro officially launched in stores on Friday. The Vision Pro felt heavy after a while, but one immersive feature blew me away. AdvertisementI stood outside in the rain with about 10 others to test Apple's new Vision Pro headset for free. But, I didn't expect the Vision Pro to feel like it would seamlessly fit into the way I use technology in my daily life. Toward the end of my session, I was adjusting the Vision Pro for some relief on my face.

Persons: —, Jordan Hart, Mario Organizations: Vision Pro, Downtown, Downtown Brooklyn Apple, Service, Apple, Mario Bros Locations: Downtown Brooklyn

☆ Nostalgia From Movies, Songs, Games Is Good for Happiness, Innovation
▼ + stars: | 2024-01-30 | by ( Clay Routledge | ) www.businessinsider.com time to read: +9 min

To them, nostalgia might even cause people to be discontent with the present and pessimistic about the future. Studies indicate that feeling lonely increases nostalgia and that nostalgia, in turn, increases feelings of social connectedness. Americans 45 and older were more likely than those under 45 to view nostalgic memories as reminders of what's important and as sources of inspiration and guidance. That isn't surprising; older adults have more life experiences to draw from. Every one of them has stories of nostalgic inspiration — life experiences that sparked their passion.

Persons: Mario, Zelda, —, Gen Zers, There's, We've, it's, we've, I've Organizations: Mario Bros, Pew

But Greta Gerwig not being among the five best director nominees for this year’s Oscars is one of the biggest shocks in recent memory. Here are some other major “snubs” and “surprises” from Oscar nomination morning. Gerwig was previously nominated for best director for “Lady Bird,” and missing out for “Little Woman” was even a snub. “The Super Mario Bros.” movie, the second highest grossing film of the year was completely shut out from nominations including animation. ‘SALTBURN’ GOES DOWN THE DRAINListen, we didn’t really think that Emerald Fennell’s “Saltburn” would make a big splash nominations morning, but it had been trending that way based on its popularity on Prime Video over the holidays.

Persons: Barbie, Greta Gerwig, ”, Oscar, GRETA GERWIG, Gerwig, “ Barbie, Lady Bird, Justine Triet, James Cameron, Joseph Kosinski, Ava DuVernay, Aunjanue Ellis, Isabel Wilkerson, It’s, —, Gina Prince, Bythewood’s, DuVernay’s, Selma ”, Halle Berry, Barrino, CHARLES MELTON, Charles Melton’s, Sterling K, Brown, ” “, Samy Burch, MARGOT ROBBIE OUT, Margot Robbie, America Ferrera, Robbie, DIANE WARREN, BARBIE, Diane Warren, Warren, Barbie ”, “, Ken ”, ” Oscar, Aki Kaurismäki’s, ’, Celine, Greta Lee's, Mario, Princess Peach, Anderson, Pedro Almodóvar, Pedro Pascal, Ethan Hawke, Wes Anderson, Roald Dahl, Henry Sugar, ‘, Sophie Ellis Organizations: “, ACADEMY, Sterling, AMERICA, MARIO Locations: LIPA, France, Cannes, U.S

☆ Netflix's competitors helped it land a blowout quarter by selling it some of their best stuff
▼ + stars: | 2024-01-23 | by ( Peter Kafka | ) www.businessinsider.com time to read: +3 min

Netflix had a blowout quarter — much better than Wall Street expected. That's partly because competitors like Disney are selling their content to Netflix — a big strategy reversal. That's much better than Netflix or Wall Street had expected. But that was when Wall Street didn't care much about streaming profit. Now it does, so Netflix's competitors have to live with the fact that they're arming their biggest rival.

Persons: —, It's, Mario, Young Sheldon, they'd, you've Organizations: Netflix, Wall, Disney, Service, AMC, Comcast, Nintendo, Warner Bros, HBO, Brothers, Paramount

☆ Nintendo is expected to launch the 'Switch 2' console this year. Here's what to expect
▼ + stars: | 2024-01-08 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +4 min

Splatoon 3 proved to be a hit in Japan, helping keep momentum for Nintendo's ageing Switch console. Nintendo has sold 132.46 million units of the Switch, making it the company's second-most successful console after the handheld Nintendo DS. If the Switch remained popular in the holiday quarter then Nintendo could push a new console out to the Fall of this year, Goyal said. If Switch sales dropped in the December quarter, the new device could come as early as Spring or Summer, he added. Kantan Games' Toto said he expects the successor to be a "new device and not just an upgrade."

Persons: Philip Fong, Mario, Zelda, Serkan Toto, Piers Harding, Atul Goyal, Goyal, I'm, Nintendo's, Harding, Rolls, Toto, Moffett Nathanson, Will Organizations: Nintendo, AFP, Getty, CNBC, Kantan Games, Ampere, Jefferies, Mario Bros, Moffett Locations: Japan, Tokyo

☆ From ‘Barbenheimer’ to Taylor Swift, here are the most important films of 2023 and why they worked
▼ + stars: | 2023-12-27 | by ( Sarah Whitten | ) www.cnbc.com time to read: +10 min

Hannah Beier | The Washington Post | Getty ImagesCall 2023 an explosive comeback at the box office. Together, those three films contributed more than $1.5 billion to the domestic box office, according to data from Comscore. But in the meantime, here's a look at some of the most important theatrical releases of 2023 — and why they worked. Meanwhile, Disney has seen its animated content lag at the box office in the wake of the pandemic. "His Only Son," a biblical drama released in early 2023, cost $250,000 to make and generated $12.4 million at the box office.

Persons: Barbie, Oppenheimer, Hannah Beier, Mario, Comscore, Greta Gerwig, Christopher Nolan's, J, Robert Oppenheimer, Chris Pratt, Charlie, Luigi, Disney, Kung, Taylor Swift, Michael Jackson's, Buda Mendes, tas23, Swift, Beyoncé, Tim Ballard, Jim Caviezel, Covid, Blumhouse, Cabrini, Saint Francesca Cabrini, Bonhoeffer, Dietrich Bonhoeffer Organizations: Washington Post, Getty, Warner Bros, Mario Bros, Universal, Disney, Pixar, Walt Disney Animation, Swift, AMC, National Football League, Angel Studios, Century Fox, Roman Catholic, Reich Locations: Somerdale , New Jersey, There's, New York, Universal, Hollywood, Colombia

☆ Big M&A and Bob Iger's future: 13 media executives make their anonymous 2024 predictions
▼ + stars: | 2023-12-20 | by ( Alex Sherman | ) www.cnbc.com time to read: +14 min

Executive 2: Bob Iger will, again, extend his contract as Disney CEO Earlier this year, Disney CEO Bob Iger renewed his contract through 2026. This executive predicted "fool me five times, shame on me." This executive predicted Peltz and Rasulo will win their campaign and both join the board. This person predicted Disney would purchase privately held Candle Media to acquire Moonbug Entertainment, the owner of CoComelon. This executive predicted Yaccarino would either lose patience or find her job increasingly pointless and leave the company in 2024.

Persons: Andrew Ross Sorkin, Walt Disney Company Bob Iger, Michael M, David Zaslav, Slaven Vlasic, NBCUniversal, Brian Roberts, Roberts, Donna Langley, Bob Iger, Iger, Nelson Peltz, Jay Rasulo, Marco Bello, Peltz, Rasulo, Disney's, Dana Walden, Dana Walden Jason Laveris, Disney Entertainment Dana Walden, Walden, Bob Chapek, Andrew Wilson, Wilson, Chris Licht wouldn't, McCarthy, Andrew Wilson Michael Newberg, Kevin Mayer, Mayer, Bryan van der Beek, Tom Staggs, Staggs, Jayson Tatum, Kyle Terada, NBCUniversal's Peacock, Alec Martinez, Gray, Discovery's Max, Jeff Zucker, Lady Michelle Obama's, Michelle Obamas, Cheriss, Gerry Cardinale, Jeff Shell, RedBird, Shari Redstone's, David Ellison, Byron Trott, Zucker, Mark Thompson, Linda Yaccarino, X Linda Yaccarino, Vox, Jerod Harris, Yaccarino, CNBC's Julia Boorstin, Boorstin, Elon Musk's, Jason LaVeris, Barbie, Mario, Oppenheimer, LightShed's Greenfield Organizations: Walt Disney Company, New York Times, Santiago, Getty, Jazz, Lincoln Center, Warner Bros ., Comcast, Warner Bros, Discovery, Disney, Trian Fund Management, Future Investment Initiative, Summit, Bloomberg, Filmmagic, Disney Entertainment, Electronic Arts, CNBC, Candle Media, Iger, Media, Moonbug Entertainment, Apple Boston Celtics, Golden State Warriors, USA, National Basketball Association, NBA, Apple, The College, ESPN, College, NHL, MLB, Vegas Golden Knights, Florida Panthers, Mobile, National Hockey League, Diamond Sports Group, Scripps, Gray Television, Las Vegas Golden Knights, Arizona Coyotes, Phoenix Suns, Street Journal, Netflix, Hulu, Max, Paramount, RedBird, Paramount Global, CNN Worldwide, CNN, NurPhoto, BDT, The Ritz, Carlton, FilmMagic, Mario Bros Locations: New York City, Disney, Miami , Florida, Las Vegas , Nevada, Laguna Niguel, Dana Point , California

☆ Thanksgiving Day online sales jump as discounts motivate holiday shoppers
▼ + stars: | 2023-11-24 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +3 min

Online spending on Thanksgiving Day jumped 5.5% compared to a year ago, according to Adobe Analytics, a reflection of holiday shoppers who are buying more of their gifts online and responding to discounts. It does not cover in-store purchases, where the majority of U.S. holiday purchases still take place. And shoppers responded: Online purchases of toys shot up 182% compared to average daily sales in October. Jewelry sales rose 126%, apparel rose 124% and personal care products rose 67%. Mobile shopping played a big role in Thanksgiving sales, with nearly 60% of sales coming through a mobile device — an all-time record for Thanksgiving, Adobe said.

Persons: That's, it's, Mario, Adobe Organizations: Adobe Analytics, National, Target, Disney, Adobe, Marvel, Mobile Locations: U.S

☆ Disney used to own the Thanksgiving box office. 'Wish' is trying to win it back
▼ + stars: | 2023-11-21 | by ( Sarah Whitten | ) www.cnbc.com time to read: +4 min

However, in the wake of the Covid pandemic, the box office has struggled to regain its foothold on the Thanksgiving holiday. "Thanksgiving films in this movie marketplace must rely more heavily on December moviegoing to determine their ultimate box office fate." Box office analysts often disregard 2020's $21.4 million Thanksgiving haul, as few theaters were open and there were few films to watch. Not to mention, box office expectations have not been particularly accurate this year. Trouble in the Magic Kingdom"Wish" has a lot riding on its opening weekend, as Disney looks to rebound from a slew of box office letdowns.

Persons: Ariana DeBose, Asha, Paul Dergarabedian, moviegoing, Ralph, Coco, TriStar's Eli Roth, Napoleon, Taylor, Shawn Robbins, Mario Organizations: Disney, BoxOffice.com, Mario Bros, Sony

☆ Debussy and Final Fantasy Are Peers on This Radio Stream
▼ + stars: | 2023-11-15 | by ( Jason M. Bailey | ) www.nytimes.com time to read: +2 min

Our big mission statement is “nurturing a love of classical music for all,” and I take that “for all” portion of the statement quite literally. I think when they think video game music, they think it’s loud or it’s synthesized and there’s lots of rock and guitars. I really wanted to speak to them and speak to our younger audience as well. Every time we play a piece of video game music on our regular airwaves, we get such a reaction from younger listeners: “Oh my God, I can’t believe you played themes from Super Mario Bros.”You mentioned one preconception of video game music as being loud with guitars. Are there any other particular ideas you hope to dispel for an audience that may be encountering classical or video game music for the first time?

Persons: Gerda, that’s, Richard Wagner’s “, Wagner, That’s, “ Let’s, we’re, Brahms, Schubert Organizations: The New York Times, Mario Locations: Nazi, Denmark, California

☆ 'Mario Wonder' latest mushroom power-up for Nintendo Switch
▼ + stars: | 2023-11-08 | by ( Sam Nussey | ) www.reuters.com time to read: +2 min

Signage for the Nintendo Switch is seen at a GameStop in Manhattan, New York, U.S., December 7, 2021. The Japanese firm said it sold 4.3 million copies of "Super Mario Bros. Wonder" - the first entirely new instalment in the almost 40-year-old side-scrolling series in a decade - within two weeks of its Oct. 20 launch. That is the best performance of any "Super Mario" title, Nintendo said, as it takes advantage of the Switch install base of more than 130 million units and interest generated by a barnstorming animated movie featuring the moustachioed plumber. The comments come a day after Nintendo reported it sold 6.84 million Switch units in the first six months of the financial year that started in April, a slight increase on the same period a year earlier. Nintendo also announced on Wednesday "Super Mario" creator Shigeru Miyamoto is developing a live action adaptation of the "Zelda" franchise.

Persons: Andrew Kelly, Mario, Shuntaro Furukawa, Zelda, Shigeru Miyamoto, Kong, Jefferies, Atul Goyal, Sam Nussey, Christopher Cushing Organizations: Nintendo, GameStop, REUTERS, Rights, Thomson Locations: Manhattan , New York, U.S, Kyoto

☆ Nintendo to make Zelda movie after Mario success; shares pop 6%
▼ + stars: | 2023-11-08 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

Shigeru Miyamoto, creator of Zelda, and Avi Arad, chairman of Arad Productions Inc., who has been a producer on a number of hit Marvel movies, will produce the Zelda film. Nintendo said Wednesday it plans to develop a live-action film of The Legend of Zelda, one of its most popular characters, as the gaming giant looks to replicate the success it had with the Mario movie. Investors had feared that sales of the more than six-year old Nintendo Switch console had peaked. Nintendo will be hoping for similar success with the Zelda movie. Nintendo will co-finance the Zelda film with Sony Pictures.

Persons: Mario, Shigeru Miyamoto, Zelda, Avi Arad, Wes Ball Organizations: Nintendo, Mario Bros, Universal Studios, Arad Productions Inc, Investors, Sony Pictures, Comcast, CNBC Locations: Japan, NBCUniversal

☆ Nintendo hikes profit forecast as Switch battles on
▼ + stars: | 2023-11-07 | by ( Sam Nussey | ) www.reuters.com time to read: +2 min

An attendee uses a Nintendo Switch game console while playing a video game at the Paris Games Week (PGW), a trade fair for video games in Paris, France, November 5, 2023. Nintendo sold 6.84 million Switch units in the first six months of the financial year, a slight increase on the 6.68 million units it sold in the same period last year. Reuters GraphicsNintendo's broad pop culture appeal has also been underscored by the success of a Super Mario Bros. movie. Nintendo maintained its full-year forecast for the console of 15 million units, which would be a 16.5% decline on a year earlier. Nintendo's line-up for the critical year-end shopping season will likely also be bolstered by some new additions including "Super Mario RPG", which launches on Nov. 17.

Persons: Claudia Greco, Zelda, Mario, Shuntaro Furukawa, Sam Nussey, David Dolan, Christopher Cushing Organizations: Nintendo, Paris Games, REUTERS, Reuters, Mario Bros, Thomson Locations: Paris, France, TOKYO, Kyoto

TOKYO (AP) — Nintendo is developing a live-action film based on its hit video game “The Legend of Zelda,” the Japanese company behind the Super Mario franchise said Wednesday. It’s being co-produced by Nintendo and Arad Productions Inc., which is behind the live-action Spider-Man films and headed by Avi Arad. Its animation film “The Super Mario Bros. Movie,” released earlier this year, has raked in more than $1.3 billion and drew nearly 170 million people worldwide. Political Cartoons View All 1237 ImagesThe planned release date of the Zelda movie was not announced. Nintendo officials said the success of the Super Mario film has translated into bigger sales for its Switch machines, as well as for game software with Super Mario themes.

Persons: Zelda, ”, Wes Ball, It’s, Avi Arad, Mario, Shuntaro Furukawa, Shigeru Miyamoto, “, Miyamoto, Donkey Kong, ___ Yuri Kageyama Organizations: TOKYO, Nintendo, Super Mario, Sony Pictures Entertainment, Arad Productions Inc, Mario Bros, Universal Studios Locations: American, Kyoto, U.S, Hollywood, Orlando, Japan

☆ Nintendo to develop 'Zelda' movie in latest entertainment push
▼ + stars: | 2023-11-07 | by ( Sam Nussey | ) www.reuters.com time to read: +2 min

The logo of the Nintendo is displayed at Nintendo Tokyo, the first-ever Nintendo official store in Japan, at at SHIBUYA PARCO department store and shopping mall complex, during a press preview in Tokyo, Japan November 19, 2019. REUTERS/Issei Kato Acquire Licensing RightsTOKYO, Nov 8 (Reuters) - Nintendo (7974.T) said on Wednesday it will develop a live-action film of long running franchise "The Legend of Zelda" in the Kyoto-based firm's latest push beyond its core gaming business. The two men have been working on an adaptation of the "Zelda" franchise for many years but the movie will take time, according to posts on social media by Nintendo. Nintendo said on Tuesday it had sold 19.5 million units of the latest "Zelda" game at September-end as the series continues to deliver hits almost 40 years after its first installment. The "Zelda" movie development comes at a time of renewed appetite for adaptations of Japanese franchises globally, with examples including Netflix's recently launched adaptation of long running pirate manga series "One Piece".

Persons: Issei Kato, Zelda, Mario, Shigeru Miyamoto, Avi Arad, Wes Ball, Sam Nussey, Sandra Maler Organizations: Nintendo, Nintendo Tokyo, REUTERS, Rights, Sony, Thomson Locations: Japan, SHIBUYA PARCO, Tokyo, Kyoto

☆ Nintendo hikes profit forecast as Mario movie, Zelda game breathe new life into Switch console
▼ + stars: | 2023-11-07 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

A statue of Nintendo's video game character Mario stands on display at the Nintendo Game Front showroom in Tokyo, Japan. Nintendo reported better-than-expected sales and profit for its fiscal second quarter on Tuesday, as it continues to get a bump from the "Super Mario Bros. Movie" and flagship Zelda game released this year. Here's how Nintendo did in its fiscal second quarter versus LSEG estimates:Revenue: 334.9 billion Japanese yen ($2.2 billion) versus 317.3 billion yen expected. Net profit: 90.3 billion yen versus 75.7 billion yen expectedNintendo's revenue fell 4% year-on-year and its profit dropped 19%. For the six month period of April to September, Nintendo reported a 21.2% year-on-year rise in revenue to 796.2 billion yen while net profit jumped 17.7% to 271.2 billion yen.

Persons: Mario, Zelda Organizations: Nintendo, Mario Bros Locations: Tokyo, Japan

Search resuls for: "Mario Bros"

25 mentions found