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ESPN has been Disney’s financial engine for nearly 30 years, powering the company through recessions, box office wipeouts and the pandemic. With its dual revenue stream — fees from cable subscribers and advertising — the sports juggernaut continues to earn billions of dollars for Disney. In the first six months of the 2023 fiscal year, Disney’s cable networks division, which is anchored by ESPN and its spinoff channels, generated $14 billion in revenue and $3 billion in profit. Disney is now exploring a once-unthinkable sale of a stake in ESPN. Disney has held talks with the National Football League, the National Basketball Association and Major League Baseball about taking a minority stake.
Persons: Century Fox, ESPN’s, Robert A, Organizations: ESPN, Disney, Marvel, Lucasfilm, Pixar, Century, CNBC, National Football League, National Basketball Association, Major League Baseball
Universal's "The Super Mario Bros. Movie" is the only movie released in 2023 to so far eclipse the $1 billion mark at the global box office. "If you would have given 10 people a release schedule at the beginning of the year and said, 'We will have just one billion-dollar movie out of all of these and can you pick which one it will be?' In years before the Covid-19 pandemic, and even last year, there were multiple megahits eclipsing $1 billion in global grosses. So far, it has generated $122.1 million at the domestic box office and $221.4 million globally. "The billion-dollar club seems to have become even more exclusive in 2023," said Paul Dergarabedian, senior media analyst at Comscore.
Persons: Mario, Mike Polydoros, Indiana Jones, Shawn Robbins, Bob Iger, CNBC's David Faber, James Gunn's, Sony's, Gunn, Paul Dergarabedian Organizations: ANGELES, Mario Bros, PaperAirplane Media, Disney, Marvel, Star Wars, Pixar, Hollywood, Lucasfilm, Star, Marvel Studios, Warner Bros, Discovery's DC Studios Locations: filmdom
Disney is slowing down when it comes to making movies and TV series for its Marvel Studios and Lucasfilm franchises, CEO Bob Iger said on CNBC Thursday. Spending less on what we make, and making less," Iger said Thursday. Iger said Thursday that a lot of decisions were made to prop up the company's flagship streaming service, Disney+, and beckon more customers. It had not been in the television business at any significant level, and not only did they increase their movie output, but they ended up making a number of TV series," said Iger. Disney acquired Marvel for more than $4 billion in 2009, and the franchise has since grossed billions of dollars at the global box office for the company.
Persons: Bob Iger, Iger, Marvel Organizations: Disney, Marvel Studios, Lucasfilm, CNBC, Marvel
Dragons, Jedi and zombies find a seat at the Emmy table
  + stars: | 2023-07-12 | by ( Brian Lowry | ) edition.cnn.com   time to read: +4 min
CNN —Dragons and zombies and Jedi, oh my. HBO’s gaudy show of force – with half the best-drama nominees and 127 bids overall, the highest total of any individual network or service – featured a combination of both. "Obi-Wan Kenobi," starring Ewan McGregor, was one of three "Star Wars" series to receive multiple Emmy nominations. Fabio Lovino/HBOWhen those nominees need to begin rehearsing their acceptance speeches is itself a source of mystery as of now. The last time a delay of the Emmys happened: 2001, after the September 11 terror attacks.
Persons: we’ll, , , Barry, Pedro Pascal, Bella Ramsey, , Obi, Wan, Ewan McGregor, “ Andor, “ Obi, haven’t, Jenna Ortega, “ Dahmer, Jeffrey Dahmer, Evan Peters, Dominique Fishback, ” Dominique Fishback, “ Barry, Maisel, Ted Lasso ”, Saul, Trevor Noah, John Oliver ”, Brian Cox, Kieran Culkin, Jeremy Strong, Aubrey Plaza, Will Sharpe, Theo James, Meghann Fahey, Fabio Lovino, Frank Scherma Organizations: CNN, HBO, Warner Bros ., Lucasfilm, , Amazon, Television Academy, Fox, Variety Locations: Dragons,
SAN FRANCISCO, July 8 (Reuters) - Venture capital firm Headline used to be in one of San Francisco's most eye-catching skyscrapers: the pyramidal Transamerica building that has defined the skyline for decades. Venture capital firms are increasingly joining retailers and other businesses in finding homes outside downtown San Francisco. [1/5]People enjoy the afternoon in Presidio, a former military base-turned-national park in San Francisco California, U.S., July 7, 2023. They're actually really excited," said Eurie Kim, whose venture firm Forerunner left downtown for the Presidio in early 2022. "Mayor Breed continues to implement strategic initiatives to help stabilize existing businesses and recruit new ones as part of her Roadmap to Downtown San Francisco's Future plan.
Persons: Mathias Schilling, Schilling, Rex Salisbury, Carlos Barria, They're, Eurie Kim, CBRE, Lisa Petrie, Jon Rehagen, Molly Martell, San Francisco Mayor London Breed, Breed, Colin Yasukochi, Krystal Hu, Peter Henderson, Rosalba O'Brien Organizations: FRANCISCO, Venture, Employees, Presidio, Westfield, San, Felicis Ventures, Forerunner Ventures, Letterman, Cambrian Venture, San Francisco Bay Area, REUTERS, Presidio Trust, Lucasfilm, Walt Disney Family Museum, Catalyst, Brand, San Francisco Mayor London, Downtown San, CBRE's Tech, Thomson Locations: San Francisco, Presidio, San Francisco Bay, San Francisco's, There's, Sand, Silicon Valley, South, downtown San Francisco, San Francisco California, U.S, Marin, San Francisco ., South Park, Downtown
Concert season is so weird right now
  + stars: | 2023-07-08 | by ( Lisa Respers France | ) edition.cnn.com   time to read: +5 min
Which “hurls” us into this week’s newsletter…Something to sip on…Pink performs on stage during a concert in Vienna, on July 1. ALEX HALADA/AFP via Getty Images“No home training.” – That’s what my late grandmother would have said about people who are throwing things at artists during concerts these days. Because clearly, if you are throwing things during a concert, you want to be a part of the performance. The married couple have a new weekly podcast, “The Best Podcast Ever.” Part of iHeartMedia’s Outspoken series, the project aims to amplify voices throughout the LGBTQ+ community. “The Best Podcast Ever” debuts July 10.
Persons: Pink, ALEX HALADA, , Lil Nas, Bebe Rexha, wilding, You’re, Tik tok, don’t, Charlie Puth, Adele, … Harrison Ford, Indiana Jones, That’s, ” “ Oppenheimer, Barbie ”, “ Barbie, Miranda Maday, Valerie Macon, Symoné, Miranda Pearman, , Count, … Andrew Ridgeley, George Michael, Wham, Andrew Ridgeley, It’s, Michael Organizations: CNN, Getty, Lucasfilm, BEST, Netflix, Wembley Locations: Vienna, AFP, Stockholm, New York City, Vegas, Beverly Hills, China, England
Talk Phoebe Waller-Bridge’s Great ‘Indiana Jones’ AdventureThere’s a photo of Phoebe Waller-Bridge, taken at an Emmys afterparty in 2019, that captures, better than any other contemporary celebrity photo I’ve seen, the enduring allure and glamour of Hollywood success. Phoebe Waller-Bridge with Harrison Ford in “Indiana Jones and the Dial of Destiny.” Jonathan Olley/Lucasfilm Ltd. Christ, I don’t know the answer. Now people could be like, “I’ve got a show,” but you don’t know where it’s going to go out, you don’t know how many people are going to see it. Whereas before you’re like, no one cares, no one’s watching, no one’s going to give you anything, but you’re going to do it anyway, now you’re like, they’re going to give you everything!
Persons: Phoebe Waller, Indiana, , Waller, Indiana Jones, James Bond, , , I’ve, I’m, Harrison Ford, “ Indiana Jones, ” Jonathan Olley, , I’ll, We’re, you’ve, it’s, “ I’ve, ” Waller, ” Luke Varley, he’s, Josh Cole, Phoebe, they’d, I’d, what’s, David Marchese, Emma Chamberlain, Walter Mosley Organizations: Indiana Jones, Amazon Studios, Lucasfilm, , BBC, YouTube, Cal Newport Locations: British, Waller, , America
Harrison Ford Photo: LucasfilmI saw “Raiders of the Lost Ark” on my 15th birthday and “Indiana Jones and the Dial of Destiny” on my 57th. I’d love to report that the fifth chapter made me feel like a high-school freshman again, but unfortunately this series has gone the way of my aching knees.
Persons: Harrison, “ Indiana Jones Organizations: Harrison Ford, Lucasfilm, “ Raiders
It's Harrison Ford's final bow as the boulder-dodging, whip-wielding, Nazi-punching Indiana Jones. On Friday, "Indiana Jones and the Dial of Destiny" arrives in theaters, marking the fifth and likely final chapter in the Lucasfilm movie franchise. Previous Indiana Jones installments, released in the 1980s, saw significantly lower box office openings because tickets were significantly less expensive at that time and the films were released in fewer theaters. Despite a solid opening, the fourth Indiana Jones film tallied only $317 million domestically. The lackluster audience response resulted in a pause in future films, including the potential for a spinoff featuring Shia LaBeouf as Indiana Jones' son Mutt Williams.
Persons: It's Harrison, Indiana Jones, Steven Spielberg hasn't, John Williams, James Mangold, Logan, Ford, LaBeouf, Mutt Williams, Disney, Shawn Robbins, weren't, Robbins, we're, NBCUniversal Organizations: Lucasfilm, Disney, Cannes Film, Guardians, Galaxy, Ferrari, Indiana Jones, Paramount Pictures, Star, Ford, Hollywood, Comcast, CNBC, Rotten Locations: Nazi, Kingdom, North America, NBCUniversal
Premiere of Lucasfilm's "Indiana Jones and the Dial of Destiny" in Hollywood, Los Angeles, California, U.S., June 14, 2023. REUTERS/Mike Blake/File PhotoLOS ANGELES, June 28 (Reuters) - Harrison Ford is bidding farewell to one of his most famous roles with new film "Indiana Jones and the Dial of Destiny," which heads to theaters on Friday. The film starts with a digitally de-aged Ford, created with help from artificial intelligence, fighting Nazis to secure one half of classical inventor Archimedes' dial of destiny. For the remainder of "Dial of Destiny," the older Jones pursues the other half of the dial with help from goddaughter Helena (Phoebe Waller-Bridge) and her sidekick, Teddy (Ethan Isidore). The pair found Ford not dissimilar to his character, with Isidore saying he was "making these edgy jokes, like Indiana Jones, actually."
Persons: Harrison Ford, Indiana Jones, Mike Blake, Ford, Archimedes, You've, Jones, goddaughter Helena, Phoebe Waller, Teddy, Ethan Isidore, Isidore, Lisa Richwine Organizations: U.S, REUTERS, Reuters, Ford, Thomson Locations: Hollywood, Los Angeles , California, U.S, goddaughter
David Anderman, who recently served as SpaceX general counsel, is joining soon-to-be-public company Surf Air Mobility, CNBC has learned. Surf Air, a regional air travel and electric aviation company, plans to go public through a direct listing later this summer, according to filings with the Securities and Exchange Commission. Using Cessna Grand Caravans as its aircraft fleet, Surf Air offers scheduled and private flights. Anderman is joining Surf Air as its chief legal officer, a person familiar with the matter told CNBC. Surf Air did not respond to CNBC's request for comment.
Persons: David Anderman, he's, Tom Cruise's, Anderman, George Lucas Organizations: SpaceX, Surf Air Mobility, CNBC, Surf, Securities and Exchange Commission, Cessna, Surf Air, Southern Airways Express, SEC, Hollywood, Lucasfilm, Disney
Insider turned to Disney CEO Bob Iger's 2019 book for insight on how he navigates challenges. As Florida's largest attraction with more than 70,000 jobs, Walt Disney World is crucial to both the company and the state. During his first tenure at Disney, Iger orchestrated the $4 billion acquisition of Marvel without a single leak. Under predecessor Disney CEO Michael Eisner, board members said they worried that Marvel was "too edgy" and "would tarnish the Disney brand." File photo of Disney CEO Bob Iger.
Persons: Ron DeSantis, Bob Iger's, Walt, Robert Iger, Iger's, Bob Chapek, DeSantis, Donald Trump, Disney, Iger, Steve Jobs, Jobs, Bob Iger, Chris duMond, Neilson Barnard, Scott Miller, Miller, that'd, Biden, he's, gunning, Charles Sykes, Paul Hennessy, Michael Eisner, Marvel, Harris, There's, Griffin, George Lucas, Roy Disney, Walt Disney's, he'd, they've, Lucas Organizations: Disney, Florida Gov, Morning, Walt Disney, Republican Gov, Walt Disney Co, Walt Disney Company, ABC, Pixar, Marvel Entertainment, LucasFilm, Century Fox, Marvel, Apple, Getty, Democrat, Bloomberg, Walt Disney World, Board, GOP, Reuters, Republicans, Harvard, Independents, Twitter, Bauer, Jobs, iTunes, Lucasfilm Locations: Florida, Orlando, Shanghai, American, China
AI already has divided studios and striking film and television writers, who want assurances that the emerging technology will not be used to generate scripts. SAG-AFTRA wants to ensure its members can control use of their "digital doubles" and ensure studios pay the actual actors appropriately, said Duncan Crabtree-Ireland, the union's chief negotiator. A representative for the AMPTP had no comment on its position on use of AI with actors. In negotiations with the Writers Guild of America (WGA), the AMPTP proposed discussing the topic once a year, which the Guild viewed as an attempt to avoid the issue. You're never going to see anything like that if we're all using AI."
Persons: Julia Louis, Dreyfus, Christine, Wes Anderson, Harry Potter, Bill Murray, Scarlett Johansson, AFTRA, Duncan Crabtree, Crabtree, Tom Cruise, Keanu Reeves, Reeves, Leland Morrill, we're, Morrill, Justine Bateman, Indiana Jones, Harrison Ford, Walt Disney, Ford, Stephen Colbert, James Earl Jones, Darth Vader, Carrie Fisher, AFTRA's Crabtree, Bateman, " Bateman, Lisa Richwine, Jorge Ramos, Dawn Chmielewski, Mary Milliken, David Gregorio Our Organizations: Warner Bros ., Screen, Writers Guild America, YouTube, SAG, Microsoft Corp, Walt Disney Co's, Lucasfilm, Disney, Alliance, Television Producers, Netflix Inc, Writers Guild of America, WGA, Thomson Locations: Burbank , California, ANGELES, Hollywood, Ireland, ., Los Angeles
Emotional Harrison Ford reflects on his years as Indiana Jones
  + stars: | 2023-05-19 | by ( ) www.reuters.com   time to read: +2 min
CANNES, May 19 (Reuters) - Harrison Ford teared up on Friday as he recalled his years playing Indiana Jones, after the Cannes premiere of what he has said will be his last outing in the blockbuster film franchise. "I love to work and I love this character and I love what it brought into my life," he told journalists at the festival. The new film, "Indiana Jones and the Dial of Destiny", pits the adventurous archaeologist against a former Nazi scientist, played by Mads Mikkelsen, who is searching for a dial that makes it possible to travel through time. That's what I looked like 35 years ago because Lucasfilm has every frame of film that we made together over all these year," Ford said. Ford, who first played Indiana Jones in 1981, told Total Film magazine last month that he would hang up the character's iconic bull whip and hat for good after this film, which will be released to wider audiences in late June.
Summer movie preview 2023
  + stars: | 2023-05-05 | by ( Dan Heching | ) edition.cnn.com   time to read: +12 min
CNN —Most moviegoers can pinpoint one summer movie – or perhaps, a summer of movies – in their formative years that really and truly cemented their love for going to the cinema, whether it be 1975’s “Jaws,” “E.T. And while streaming has clearly siphoned off part of the audience, particularly for more serious films, what we think of as “summer movies” still have the potential to rake in cash just like the old days. (CNN and DC are both part of the same parent company, Warner Bros. Courtesy Warner Bros. PicturesInitially meant for streaming platforms, this vehicle will herald the cinematic arrival of DC Studios’ first Latino superhero, played by Xolo Maridueña of “Cobra Kai” and “Parenthood” fame. If the fast-paced trailer is any indication, the movie looks sure to whisk those dog days of summer doldrums away quite nicely.
[1/5] A dress featuring actor Carrie Fisher as Star Wars character Princess Leia, is worn by her daughter Billie Lourd as she attends the posthumous unveiling of the star of Carrie Fisher, on the Hollywood Walk of Fame in Los Angeles, California, U.S., May 4, 2023. REUTERS/Mario AnzuoniLOS ANGELES, May 4 (Reuters) - May the 4th, the annual unofficial "Star Wars" day, was bittersweet for fans in Hollywood as Princess Leia actress Carrie Fisher, who died at age 60 in 2016, received a posthumous star on the Walk of Fame on Thursday. Along with a large group of fans, "Star Wars" droids R2-D2 and C-3PO and a pair of Stormtroopers came to the ceremony, as did actor Mark Hamill, director J.J. Abrams and Lucasfilm President Kathleen Kennedy. "My mom is a double whammy, a Pez dispenser and has a star on the Hollywood Walk of Fame. Watching her mother in "Star Wars" as Princess Leia changed Lourd's perception of her.
These details are pulled from the official “Star Wars” resources “Ultimate Star Wars” and “Star Wars Character Encyclopedia,” as well as experts from outlets like USA Today and the AV Club. ‘Star Wars: The Clone Wars’ (animated series)Ahsoka is Anakin's padawan in "The Clone Wars," and he lovingly calls her "Snips." ‘Solo: A Star Wars Story’"Solo" shows how Han and Chewie became best friends. ‘Star Wars Rebels’Kanan Jarrus, Zeb Orrelios and Sabine Wren take on the Empire in "Star Wars Rebels." ‘Rogue One: A Star Wars Story’Heroes attempt to find the plans to blow up the Death Star in "Rogue One."
That’s in part because those shortcomings have echoed through the years, as subsequent “Star Wars” mythology has contorted itself, sometimes messily, in order to accommodate them. Still, Episode VI ill-served some of the original trilogy’s significant characters, in ways that have been debated across the decades, yielding the kind of arguments that have become one of the “Star Wars” franchise’s most renewable resources. Carrie Fisher as Princess Leia in "Return of the Jedi," which was released in 1983. Lucasfilm/Fox/Kobal/Shutterstock“From a certain point of view.” Let’s stipulate that Anakin Skywalker “became” Darth Vader when he turned to the dark side. “Star Wars: Return of the Jedi” will play in select theaters beginning April 28.
Editor’s Note: The following contains spoilers about the seventh episode of “The Mandalorian,” Season 3, “The Return.”CNN —To borrow a line from another Disney+ series, it’s been the Empire all along. It was the kind of cinematic sequence that would surely play well in the planned movie that will capitalize upon this timeline of the “Star Wars” universe. That said, after resolving the fate of Mandalore, the finale essentially hit the reset button on the show’s central premise in the form of happy ending. That involved formalizing the central duo’s bond by having the Mandalorian adopt Grogu, before assuming a new bounty-hunting role focused on pursuing Imperial remnants across the galaxy. Overall, to say the third season wasn’t always neat or pretty would be an understatement.
VCs and private equity have poured millions into startups bringing AI tech to film and TV production. AI startups disrupting Hollywood include MARZ and Wonder Dynamics, cofounded by "X Men" star Tye Sheridan. Investment in AI startups for entertainment is "blowing up right now," said Michael Blank, head of consumer investing at CAA. There are already AI tools that can write full scripts. Vendors and investors told Insider that over time, AI tools will change jobs, not replace them.
Lucasfilm President Kathleen Kennedy announced the new projects in London at the annual Star Wars Celebration fan convention, where the actress took the stage to confirm her return to the blockbuster franchise. Disney purchased Star Wars producer Lucasfilm in 2012 for $4 billion and released three hit films from 2015 to 2019 plus several TV series on the Disney+ streaming service. Fans had been waiting to hear where Star Wars would head on the big screen. The company had put a pause on new "Star Wars" movies after "Rise of Skywalker." It will be led by Dave Filoni and Jon Favreau, the team behind the popular Star Wars TV series "The Mandalorian."
Please refresh the page if you do not see a player above at that time.] Nearly four years ago, Disney's streaming service Disney+ launched with a new Star Wars series called "The Mandalorian." Helmed by Jon Favreau and Dave Filoni, the western-inspired sci-fi show captivated audiences and launched a new era of Star Wars storytelling. Now in its third season, "The Mandalorian" has inspired Disney and Lucasfilm to invest in more live-action and animated long-form content in the Star Wars universe. On Tuesday, Favreau, also known for starring in "Swingers" and "PCU," as well as directing the first two "Iron Man" movies, sits down with CNBC's Carl Quintanilla to talk streaming, storytelling and crafting this new generation of Star Wars.
VCs and private equity have poured millions into AI startups seeking to disrupt film and TV production. Startups making waves in Hollywood AI include MARZ and Deep Voodoo, founded by the creators of "South Park." Generative AI has spawned a raft of tools with real-life applications to Hollywood — and VCs are getting in on the action. There are already AI tools that can write full scripts. Vendors and investors told Insider that over time, AI tools will change jobs, not replace them.
Paramount Pictures Worldwide box office: $603.9 million ($925 million, adjusted for inflation) Total domestic box office: $234.3 million Domestic opening weekend: $64.9 million Budget: $132 million 9. Paramount Studios Worldwide box office: $474.2 million ($1.1 billion, adjusted for inflation) Total domestic box office: $197.2 million Domestic opening weekend: $29.4 million Budget: $48 million 7. Paramount Pictures Worldwide box office: $790.7 million ($1.1 billion, adjusted for inflation) Total domestic box office: $317.1 million Domestic opening weekend: $100.1 million Budget: $185 million 6. Universal Worldwide box office: $618.6 million ($1.15 billion, adjusted for inflation) Total domestic box office: $229.1 million Domestic opening weekend: $72.1 million Budget: $73 million 5. Universal Worldwide box office: $792.9 million ($2.5 billion, adjusted for inflation) Total domestic box office: $437.1 million Domestic opening weekend: $11.8 million Budget: $10.5 million 1.
"This reorganization will result in a more cost-effective, coordinated approach to our operations," Iger told analysts on a conference call. Disney earlier reported its first quarterly decrease in subscriptions for its Disney+ streaming media unit, which lost more than $1 billion. Iger also repositioned the company to capitalize on the streaming revolution, acquiring 21st Century Fox's film and television assets in 2019 and launching the Disney+ streaming service that fall. Now, Iger will seek to put Disney's streaming business on a path to growth and profitability. It reorganized its business in 2018 to accelerate the growth of its streaming business, and again in 2020, to further spur streaming's growth.
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