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☆ A 'server anomaly' that made it look like some advertisers were bidding billions of dollars sent the adtech industry into chaos
▼ + stars: | 2024-03-18 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementBusiness Insider confirmed that the cause of the error was a brief "server anomaly" at PubMatic, an adtech company. A PubMatic spokesperson said the anomaly, at one of its US data centers, caused "abnormally high CPMs being passed to the publisher ad server on a limited number of impressions." The PubMatic error occurred in the communication that happened between the SSP and PubMatic's ad server, according to the company. The actual financial impact for individual publishers and adtech companies is likely to be minimal.

Persons: —, Nicolas Schueller, Adomik, Friday's snafu, Kargo, aren't, PubMatic, Scott Messer Organizations: Service, Business, Publishers, CNN, AMC Networks, Fox, The New York Times, Delta Airlines, Comcast Locations: PubMatic, Friday's

☆ I tried the luxury movie-theater chain Cinépolis. The premium perks didn't outweigh the huge drawbacks that come with them.
▼ + stars: | 2024-03-18 | by ( Julz Harvey | ) www.businessinsider.com time to read: +9 min

And Cinépolis, a theater chain that offers a "luxury movie-going" experience, recently caught my eye. It was available at my local AMC, but Cinépolis has about half the screens, so it can't show every movie in theaters. I bought my ticket on the Cinépolis site on Friday afternoon for a showing that night. At my local AMC, I can control the recline of the footrest and chair back separately, which makes for a more comfortable experience. When broken down, each movie ticket is about $2.

Persons: —, It's, I'm, Harvey, Cinépolis, Bob Marley, Julz Harvey, chow, Julz Harvey It's, it's, Julz Harvey Cinépolis, I'd Organizations: Service, AMC, Business, showtime Locations: Cinépolis

Harrison doesn’t have an overall diagnosis beyond being a French bulldog — an increasingly popular breed prone to health problems. While most patients pay out of pocket, AMC offers multiple initiatives to cover charity care, especially for rescue animals and working dogs. The price of veterinary services have increased in recent years because of inflation, but also because of advances in care. The same day Harrison visited the surgical suite, Lynx was brought in by a rescue group. “We get to take extraordinary care of rescue animals,” Spector said.

Persons: —, Harrison, ”, Daniel Spector, Harrison doesn’t, Grace Kim, Kiki, “, ” Spector, Spector, Jennie Anne Simson, Simson, we’ve, Helen Irving, Elaine, Kenneth Langone, Elaine Langone, they've, Emily McCobb, Kelly Hall, ” Irving, Kim Organizations: Animal Medical, AMC, Avian, Shepherd Fund, Buddy, Veterinary, Home Depot, Bucknell University, Cummings School of Veterinary Medicine, Tufts University, Colorado State University, Associated, Lilly Endowment Inc, AP Locations: New York City, French, Manhattan, Manhattan’s, anesthesiologists, Brooklyn, New York

☆ AMC Theaters, Looking for Movies, Turns to Blumhouse
▼ + stars: | 2024-03-15 | by ( Brooks Barnes | ) www.nytimes.com time to read: +1 min

For five days starting on March 29, people who buy tickets to certain movies at certain AMC Theaters will see video messages starring … Jason Blum? It’s a long way from Nicole Kidman, whose breathy “We come to this place for magic” branding spot has become legend. But Mr. Blum, a horror film producer, has been working to build his entertainment company, Blumhouse, into more of a consumer-facing brand. AMC and Blumhouse, which has made more than 200 horror movies and shows, are teaming up for what they are calling the Halfway to Halloween Film Festival. Previously released Blumhouse horror movies, including “Split,” “Ouija: Origin of Evil,” “The Purge,” “The Invisible Man” and “Insidious,” which will have its 13th anniversary on April 1, will be on offer in 100 AMC theaters in 40 cities.

Persons: … Jason Blum, It’s, Nicole Kidman, Blum, ”, James Wan, Mike Flanagan Organizations: AMC, Marvel, ”

☆ Read the Rejection of Trump’s Motion to Dismiss the Documents Case
▼ + stars: | 2024-03-14 | by ( ) www.nytimes.com time to read: +1 min

23-80101-CR-CANNON ORDER DENYING WITHOUT PREJUDICE DEFENDANT TRUMP'S MOTION TO DISMISS COUNTS 1–32 BASED ON UNCONSTITUTIONAL VAGUENESS THIS CAUSE comes before the Court upon Defendant Trump's Motion to Dismiss Counts 1 through 32 Based on Unconstitutional Vagueness (the "Motion"), filed on February 22, 2024 [ECF No. 377], to which Defendant Trump filed a Reply [ECF No. The Court heard argument on the Motion on March 14, 2024 [ECF No. Upon careful review of the Motion, related filings, and the arguments raised during the hearing, Defendant's Motion is DENIED WITHOUT PREJUDICE. § 793(e) are unconstitutionally vague as applied under the facts presented, in violation of due process and the rule of lenity.

Persons: DONALD J, TRUMP, WALTINE NAUTA, CARLOS DE OLIVEIRA, Trump's, Defendant Trump, ” Organizations: UNITED STATES OF AMERICA, Plaintiff, UNITED STATES, PALM BEACH Locations: U.S.C

☆ Reddit's long-awaited IPO is targeting a $6.4 billion valuation
▼ + stars: | 2024-03-11 | by ( Aruni Soni | ) www.businessinsider.com time to read: +2 min

Reddit is targeting a $6.4 billion valuation for its IPO this year. The company is planning to sell 22 million shares, with a pricing range of $31 to $34. At the top end of the valuation range, the offering would raise $748 million. About 15.3 million of the 22 million shares will be sold by the company. Reddit's expected pricing range sets a fully diluted valuation range between $5.8 billion and $6.4 billion, marking a sharp decrease from the $10 billion private valuation the company achieved in its last funding round, in August 2021.

Persons: —, Reddit Organizations: Service, SEC, GameStop, AMC Locations: Birkenstock

☆ India's domestically focused sectors set for better investing opportunities, Kotak AMC says
▼ + stars: | 2024-03-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndia's domestically focused sectors set for better investing opportunities, Kotak AMC saysNilesh Shah, managing director of Kotak AMC, names sectors such as autos, cement and real estate.

Persons: Nilesh Shah Organizations: AMC

☆ Bey and Tay save the movies! AMC says 'literally all' of its Q4 revenue growth was from their concert films.
▼ + stars: | 2024-03-01 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +2 min

AMC owes Taylor Swift and Beyoncé — big time. CEO Adam Aron says 'literally all' of AMC's revenue growth in Q4 was from their concert films. To that end, it is no surprise that our praise for Taylor Swift and Beyoncé Knowles-Carter has no limit." And it wasn't just AMC that benefited from "Taylor Swift: The Eras Tour" and "Renaissance: A Film by Beyoncé." Aron said that the concert films made up one-ninth of Q4 box office earnings across the entire industry domestically.

Persons: Taylor Swift, Adam Aron, —, Aron, Beyoncé Knowles, Carter, clamoring Organizations: AMC, Service, Beyoncé

☆ Stocks making the biggest moves premarket: Snowflake, Salesforce, C3.ai, Okta and more
▼ + stars: | 2024-02-29 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Snowflake said it expects product revenue to range between $745 million and $750 million in the current period, below the $759 million analysts polled by StreetAccount expected. Okta said its expects revenues to range between $603 million and $605 million, surpassing a FactSet estimate of $583.8 million. Celsius posted 17 cents in earnings per share on $347.4 million in revenue for the fourth quarter. Nutanix posted earnings of 46 cents per share on revenues totaling $565 million. The data storage company posted earnings of 50 cents per share on $790 million in revenue.

Persons: Frank Slootman, Snowflake, StreetAccount, Morgan Stanley, Salesforce — Salesforce, Okta, Duolingo, LSEG, Nutanix, —, Alex Harring, Tanaya Macheel, Michelle Fox, Lisa Han, Jesse Pound, Sarah Min, Pia Singh Organizations: Revenue, Bank of America, AMC, AMC Entertainment, Wall, Paramount, LSEG, CNBC Warner Bros, FactSet, HP — Locations: Canada, FactSet .

☆ Stocks making the biggest moves midday: Chemours, Snowflake, Hormel, C3.ai and more
▼ + stars: | 2024-02-29 | by ( Pia Singh | ) www.cnbc.com time to read: +4 min

It posted earnings of 41 cents per share, excluding items, on revenue of $3 billion. Analysts polled by FactSet had called for earnings of 34 cents per share on $2.91 billion in revenue. C3.ai — The artificial intelligence software stock advanced more than 24% after C3.ai posted a narrower-than-expected adjusted loss per share of 13 cents. Pure Storage — Shares jumped more than 22% after the data storage company posted stronger-than-expected fourth-quarter earnings and upbeat first-quarter guidance. However, fourth-quarter revenue of $1.1 billion did top LSEG estimates of $1.05 billion.

Persons: FactSet, Morgan Stanley, Chemours, —, Birkenstock, Snowflake, Frank Slootman, LSEG, Duolingo, Alex Harring, Yun Li, Michelle Fox Theobald Organizations: Beverage, RBC, Bank of America Securities, Bank of America, Paramount, AMC Entertainment

☆ Stocks hate this one weird trick from the calendar
▼ + stars: | 2024-02-29 | by ( Krystal Hur | ) edition.cnn.com time to read: +5 min

New York CNN —Leap Day might seem like fun and games — until you consider Wall Street. To account for that gap, Julius Caesar in 45 BC decreed that an extra day be added every four years, leading to the Julian calendar. Pope Gregory XIII in 1582 AD created the Gregorian calendar, coined the term “leap year” and established February 29 as the official leap day. He adds that a leap day can also help marginally raise corporate earnings, since companies get an extra day in a fiscal quarter to operate. History shows that stocks tend to perform worse when an additional day is added to the calendar.

Persons: Julius Caesar, Pope Gregory XIII, Matt Weller, Weller, Dow, ”, “ Barbie ”, “ Oppenheimer, ’, Samantha Delouya, It’s, Read, Sam’s, Sam, Matt Egan, Banks Organizations: CNN Business, Bell, New York CNN, Dow Jones, Bulls, Research, AMC Entertainment, AMC, Treasury Department, CNN, Treasury Locations: New York, FOREX.com

☆ All of AMC's revenue growth came from Taylor Swift and Beyoncé films, theater chain says
▼ + stars: | 2024-02-29 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Popcorn buckets are pictured during the "Taylor Swift: The Eras Tour" concert movie world premiere at AMC The Grove in Los Angeles on Oct. 11, 2023. "Literally all" that growth was tied to concert films from Taylor Swift and Beyoncé, AMC CEO Adam Aron told analysts Wednesday. AMC was behind "Taylor Swift: The Eras Tour" and "Renaissance: A Film by Beyoncé," the first movie distributions in the company's 103-year-old history. U.S. market share for AMC, based outside Kansas City, expanded as a result of the two movies, Aron said. To that end, it is no surprise that our praise for Taylor Swift and Beyoncé Knowles-Carter has no limit."

Persons: Taylor Swift, Nicole Kidman, Adam Aron, Aron, Beyoncé, Beyoncé Knowles, Carter Organizations: AMC, Disney Locations: Los Angeles, ., Kansas City

How to watch The Walking Dead: The Ones Who Live in the USAThe Walking Dead: The Ones Who Live airs on AMC on Sundays at 9 p.m. How to watch The Walking Dead: The Ones Who Live in New ZealandThe Walking Dead: The Ones Who Live live streams for free on TVNZ+ in New Zealand. How to watch The Walking Dead: The Ones Who Live in CanadaAMC Plus is also the home for The Walking Dead: The Ones Who Live in Canada. How to watch The Walking Dead: The Ones Who Live in AustraliaThe Walking Dead: The Ones Who Live streams on Stan in Australia. How to watch The Walking Dead: The Ones Who Live free from anywhereA VPN (virtual private network) is the best option when it comes to accessing The Walking Dead: The Ones Who Live free live stream if you're not in New Zealand right now.

Persons: Rick, Michonne, Fubo, Philo, VPNs, ExpressVPN Organizations: Business, AMC, Sling, Philo, TVNZ, Canada AMC Locations: New Zealand, USA, Canada, Australia, Zealanders

☆ What’s next for movie theater operators like AMC after the ‘Barbenheimer’ money runs out?
▼ + stars: | 2024-02-28 | by ( Samantha Delouya | ) edition.cnn.com time to read: +6 min

AMC Entertainment, often viewed as a bellwether for the industry as the world’s largest movie theater chain, is not immune to those challenges. Taylor Swift attends "Taylor Swift: The Eras Tour" Concert Movie World Premiere at AMC The Grove 14 on October 11, 2023 in Los Angeles, California. While box office revenues have not yet recovered to pre-pandemic levels, until this year, they had been on an upward trajectory. Wold lowered his projection for the domestic box office to $8.6 billion, down from $8.9 billion earned in 2023. Upping the showmanshipDespite the box office slowdown this year, AMC found itself at the center of yet another viral moment earlier this month.

Persons: “ Barbie ”, “ Oppenheimer, ”, ’, It’s, “ Barbenheimer, Taylor, Taylor Swift, Matt Winkelmeyer, Adam Aron, ” Aron, “, Paul Dergarabedian, Eric Wold, Riley, Wold, Barbie, Iris Schneider, Dergarabedian, “ There’s, Deadpool, Barbie ”, Alicia Reese, Michael O’Leary Organizations: CNN, AMC Entertainment, AMC, Hollywood, ZUMA, Warner Bros, Dodge, Wedbush, Dolby, National Association of Theatre Owners Locations: Los Angeles , California

☆ Stocks making the biggest moves after hours: Salesforce, Snowflake, Okta, Duolingo and more
▼ + stars: | 2024-02-28 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

In the fourth quarter, the software company topped Wall Street's fourth-quarter expectations on the top and bottom lines. Snowflake — Snowflake shares plunged 20% after the business software company announced the retirement of its CEO Frank Slootman. The company topped earnings expectations by 12 cents and said it expects revenue for the current period to range between $603 million and $605 million. The company posted revenue of $13.19 billion, falling short of the $13.56 billion analysts polled by LSEG expected. Adjusted earnings per share came in at 5 cents and topped an LSEG estimate of 2 cents per share.

Persons: — Salesforce, Frank Slootman, Duolingo, Okta — Okta, LSEG Organizations: FactSet, Paramount Global, LSEG, Revenue, StreetAccount, HP Inc, AMC Entertainment

☆ Stock futures are little changed ahead of key inflation data and corporate earnings: Live updates
▼ + stars: | 2024-02-25 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, July 20, 2023. U.S. equity futures were little changed on Sunday as investors looked forward to the latest reading of the Federal Reserve's preferred inflation reading as well as a slew of big earnings reports. Futures tied to the Dow Jones Industrial Average were down by 0.04%, while S&P 500 futures and Nasdaq 100 futures ticked lower by 0.04% and 0.05%, respectively. "Nvidia has been the gift that keeps on giving with blockbuster earnings reports driving semis, tech, and the broader market higher this past week. "A hotter than expected PCE report this week could be a data point that could dampen the market enthusiasm."

Persons: Dow, they're, Stephanie Lang, Homrich Berg Organizations: New York Stock Exchange, Federal, Dow Jones, Nasdaq, Nvidia, CNBC, Norwegian Cruise, AMC Entertainment, Anheuser, Busch Locations: New York City, Norwegian

☆ My childhood best friend and I lost touch, but we ended up at the same college. We're now making up for lost time.
▼ + stars: | 2024-02-24 | by ( Maddie Browning | ) www.businessinsider.com time to read: +4 min

From that moment on, we became childhood best friends, and now we are trying to rekindle that friendship in college. We loved to be in the spotlight, dancing ballet in "The Nutcracker" every year — making sure we knew all the parts. We were navigating the end of middle and beginning of high school without each other — a pivotal moment of development, and our lives didn't align. We are now getting a second chance at friendshipI graduated from high school during the start of the pandemic in 2020 when Rebecca was still a junior. Rebecca moved to California with her parents after high school.

Persons: I've, Rebecca, It's Organizations: Service, Cottonwood Preschool, Emerson College, Emerson, Boylston, AMC, Boston Ballet Locations: Littleton , Colorado, California

☆ ‘The Ones Who Live’ Picks Up Where ‘The Walking Dead’ Left Off. Where Was That Again?
▼ + stars: | 2024-02-24 | by ( Calum Marsh | ) www.nytimes.com time to read: +2 min

The new six-part mini-series “The Walking Dead: The Ones Who Live,” the latest installment in the sprawling “Walking Dead” universe, premieres Sunday on AMC and AMC+. It finds Andrew Lincoln and Danai Gurira reprising their longtime roles as Rick Grimes and Michonne, the weathered survivors of a postapocalyptic wasteland populated by flesh-devouring zombies. “The Ones Who Live” picks their story up where it left off in the original series, revealing what happened to the couple after they exited the show. But it also involves other characters, settings and organizations that have either appeared or been mentioned in “The Walking Dead” and its spinoffs, including the dystopian city the Civic Republic, its high-tech military the C.R.M., and the slippery villain Jadis, played by Pollyanna McIntosh. (For their part, Lincoln and Gurira have said that they didn’t keep up with the whole series either, so you’re in good company.)

Persons: Andrew Lincoln, Danai Gurira, Rick Grimes, Michonne, Rick, ”, Jadis, Pollyanna McIntosh, There’s, Gurira Organizations: AMC, Civic Republic Locations: Lincoln

☆ Fed's favorite inflation gauge looms next week — plus, what we want from 2 portfolio earnings reports
▼ + stars: | 2024-02-24 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

Wall Street returned to its winning ways this week — and Nvidia 's blowout earnings report Wednesday night was a big reason why. Twenty-six of our 32 portfolio stocks have delivered their results this earnings season (we didn't own Abbott Labs at the time of its report). It was a muted week for macroeconomic data, but we did get a slightly better-than-expected January existing home sales report on Thursday. In the week ahead, two more Club names are set to report earnings before a market-moving economic update arrives Thursday morning. The two other reports of note are the January new home sales report on Monday and ISM Manufacturing report on Friday.

Persons: Dow, we'll, bode, We're, Li Auto, Krystal, Arcutis, MARA, Iovance, Goldman Sachs BDC, CRON, BUD, Papa, LEV, Ginkgo, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Nvidia, Nasdaq, Dow Jones, Dow, Palo Alto Networks, Bausch Health, Coterra Energy, Abbott, Companies, TJX, Marshalls, TJX Companies, Berkshire Hathaway, Krystal Biotech, Alpha Metallurgical Resources , Inc, Fidelity National Information Services Inc, Animal Health, ELAN, Public Service Enterprise Group, Surgery Partners, BioCryst Pharmaceuticals Inc, Outdoor Holdings, Enlight Renewable Energy Ltd, Kosmos Energy, Playtika, Video Communications, TiRobot Corp, IRB, SBAC Communications Corporation, HEICO Corporation, FS KKR, Archer Aviation Inc, TransMedics, Sterling Construction Company, AES, Cruise Line Holdings, Lowe's Companies, American Electric Power Company, Bank of Nova, APLS Pharmaceuticals, Bank of Montreal, BMO, Devon Energy, Solar Inc, Technologies, Lab, Virgin Galactic Holdings, Splunk Inc, eBay, EBAY, Luminar Technologies, Agilent Technologies, G Foods, Masimo Corp, Baidu, Parts Inc, Icahn Enterprises, Viatris Inc, ACM Research, Golden Ocean Group, EMCOR, Industries, NRG Energy, Dycom, Editas, UWM Holdings Corporation, Vistra Energy, Marathon Digital Holdings, AMC Entertainment Holdings, Paramount Global, IonQ Inc, International, HP, Monster Beverage Corporation, Cronos, Birkenstock Holding, Anheuser, Busch InBev, Body, Brink's Company, Flags Inc, Papa John's, ACI, Hormel, Lion Electric Company, BlackRock TCP, Dole plc, DOLE, Fisker Inc, Dell Technologies, Ginkgo Bioworks Holdings, Autodesk, Green Brick Partners, Hewlett Packard Enterprise, Veeva Systems, INTTEST Corporation, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: New York City, U.S, Salesforce, Maxx, Bank of Nova Scotia, BlackRock, Cayman

☆ Reddit aims to ride the AI wave by going public
▼ + stars: | 2024-02-23 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +4 min

The platform's listing, expected next month, would be the largest IPO by a social media company since Pinterest in 2019. That means some are wondering why Reddit has waited until now to make its move, but AI might have something to do with it. Reddit also listed data licensing and AI training as part of its income streams. "We are going public to advance our mission and become a stronger company," he said in a founder's letter included in the prospectus. AdvertisementRepresentatives for Reddit did not immediately respond to a request for comment from BI, made outside normal working hours.

Persons: Reddit, Sam Altman, Steve Huffman, Huffman, Fortune, Katie Notopoulos Organizations: New York Stock Exchange, Facebook, Twitter, Business, Securities and Exchange Commission, Google, University, Virginia, GameStop, AMC Locations: Reddit

☆ Reddit Warns That Meme Stock Investors Could Come for Its Own Stock
▼ + stars: | 2024-02-22 | by ( Meghan Morris | ) www.businessinsider.com time to read: +2 min

As Reddit prepares to go public, the social-media company issued an unusual warning to investors. AdvertisementGameStop, AMC, and other companies saw huge swings in their stock prices starting in 2021, thanks to chatter on social-media platform Reddit. In lawyerly language, Reddit wrote that individual ("retail") investors may home in on the company's stock. AdvertisementReddit S-1 cautions that retail investors could make the stock volatile Reddit S-1 screenshotReddit is offering its most frequent users a chance to buy into the IPO alongside institutional investors. Reddit users, meanwhile, gather on WallStreetBets (mentioned five times in the S-1) and other subreddits, where many posters are bearish about the company's upcoming IPO.

Persons: Reddit, Redditors, — Organizations: GameStop, Service, AMC, Securities and Exchange Commission

☆ Reddit will let users buy its IPO, but warns that they could make the stock riskier
▼ + stars: | 2024-02-22 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

Reddit's initial public offering will include a quirk that allows some of its most active users to buy the stock. "Our users have a deep sense of ownership over the communities they create on Reddit. We want this sense of ownership to be reflected in real ownership — for our users to be our owners. But the Reddit users that participate in the IPO will not be subject to a lock-up agreement, the filing said, which could add to volatility in the stock. Reddit users have already proven that they have a taste for trading volatile stocks.

Persons: Reddit, Redditors Organizations: GameStop, AMC Entertainment

☆ The economy's gone from strength to strength after the pandemic — but no one quite knows why, or what comes next
▼ + stars: | 2024-02-20 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +8 min

America has gone from a pandemic crash and recession fears to stocks at record highs and an economic boom. Lockdowns, wars, shortages, inflation, interest rates, day trading, and AI have all played a role. Noam Galai/SOPA/Getty ImagesMany Americans also socked away money during the pandemic, as they saved on expenses like travel and live entertainment. Stimulus-fueled demand, combined with pandemic and war-related supply disruptions, caused inflation to spike to a 40-year high of 9.1% in June that year. The Fed swiftly raised interest rates to rein in the price growth, lifting them from virtually zero to upward of 5% in under 18 months, and hasn't touched them since.

Persons: —, We've, Noam Galai, hasn't, It's, dory Organizations: Service, Federal Reserve, GameStop, AMC Entertainment, AMC, Bank Locations: America, China, Ukraine

NEW YORK (AP) — Taylor Swift's blockbuster concert film “The Eras Tour” will make its streaming debut on Disney+, the Walt Disney Co. announced Wednesday. The film, now titled “Taylor Swift: The Eras Tour (Taylor's Version)" will land on the streaming platform March 15. “The Eras Tour” amassed more than $262 million worldwide in theaters after opening in October, setting a record for concert films. Swift partnered with AMC Theaters for the release in a first-of-its-kind deal that cut out Hollywood studios and instead sent the film directly into theaters. “The Eras Tour” film will hit Disney+ about a month before Swift's recently announced new album, “The Tortured Poets Department,” drops on April 19.

Persons: — Taylor, “ Taylor Swift, “, ”, Bob Iger, Swift, Swift's Organizations: Disney, Walt Disney Co, AMC Theaters, Hollywood, Poets Department Locations: “ Cardigan

☆ Taylor Swift Eras Tour film to stream exclusively on Disney+ starting March 15
▼ + stars: | 2024-02-07 | by ( Sarah Whitten | ) www.cnbc.com time to read: +2 min

Taylor Swift's filmed Eras Tour has found a home on Disney+. The concert film will arrive on the platform on March 15, Disney CEO Bob Iger announced during the company's earnings call Wednesday. Disney likely faced a bidding war for the pop star's latest filmed concert, following the blowout popularity of her tour. In total, Swift's film generated more than $180 million at the domestic box office and more than $261.6 million worldwide. The concert film shifted to on-demand availability on Dec. 13, the singer's 34th birthday, with a rental fee of $19.89, the year she was born.

Persons: Taylor Swift, …, Taylor Swift's, Bob Iger, Swift, Michael Jackson's Organizations: Soldier, Disney, Apple Music, Netflix, AMC, Swift, CNBC PRO Locations: Chicago, Cardigan

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