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☆ Taylor Swift and Beyoncé prove yet again why they're some of the world's best businesswomen
▼ + stars: | 2023-10-02 | by ( Madeline Berg | ) www.businessinsider.com time to read: +7 min

Taylor Swift and Beyoncé are making concert films from their blockbuster Eras and Renaissance tours. In August, Swift announced that an Eras concert film will be released October 13. After much speculation, on Sunday night Beyoncé announced her own concert film: The Renaissance tour's film is set to debut December 1. "Taylor Swift ignited the spark. The Eras film will be released on over 4,000 screens in North America; the Renaissance film likely will have a similar rollout.

Persons: Taylor Swift, —, Queen Bey, Swift, Beyoncé, Paul Dergarabedian, Oprah Winfrey, Tyler Perry, Kim Kardashian, George Clooney, Dergarabedian, Puck's Matthew Belloni, Travis Kelce's, Shawn Robbins, Sam Wrench, — Belloni, they've, Michael Jackson's, Justin Bieber, Robbins, Taylor, It's Organizations: Service, Netflix, AMC, Box, Swifts, Office, Swift Locations: North America

☆ Was Linda Yaccarino 'sandbagged?' What happened behind the scenes at the X CEO's disastrous coming out party.
▼ + stars: | 2023-09-28 | by ( Ben Bergman | ) www.businessinsider.com time to read: +10 min

X CEO Linda Yaccarino appeared rattled during her most high-profile appearance to date. Some criticized tech journalist Kara Swisher and Code for "sandbagging" Yaccarino. Months earlier, Boorstin had secured a coveted interview with Linda Yaccarino to make her first major public appearance after being named CEO of X, formerly Twitter. Later, Boorstin pressed Yaccarino on the Anti Defamation League's feud with Musk and accusations that X is encouraging antisemitism. AdvertisementAdvertisement"Everybody deserves to speak their opinion," Yaccarino said, before nervously glancing at her watch and saying she had to leave.

Persons: Linda Yaccarino, Yoel Roth, Kara Swisher, —, Julia Boorstin, Boorstin, Yaccarino, Yaccarino's, Elon Musk, Teslas, Roth, Swisher, Mary Barra, Linda, Yoel, X, Julia, Musk, Tesla Organizations: Service, CNBC's Senior Media, Tech, oceanside Ritz Carlton, Laguna Niguel, GM, Twitter Locations: Laguna, Detroit, LA, Meta, San Francisco, Laguna Beach, Los Angeles

☆ Every content provider is 'behind the eight ball' due to WGA strike, warns long-time media analyst
▼ + stars: | 2023-09-21 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEvery content provider is 'behind the eight ball' due to WGA strike, warns long-time media analystPaul Dergarabedian, Comscore senior media analyst, joins 'Fast Money' to talk the ongoing writers and actors strikes and the impact they are having on Hollywood.

Persons: Paul Dergarabedian Organizations: WGA, Hollywood

☆ Disney, Charter’s Spectrum deal will reshape media -executives
▼ + stars: | 2023-09-14 | by ( Dawn Chmielewski | ) www.reuters.com time to read: +5 min

Disney also agreed to drop eight of its less-viewed networks, signaling the end of bloated cable TV bundles. Broadcasters could negotiate fees that included adding new cable TV channels. The new type of bundle deal combining traditional channels with streaming services provides a way forward for the media business. Pity the cable TV channels that few people watch, said one TV station group executive. Paramount Global has created numerous spin-offs of its main cable channels, with Nickelodeon siring five programming offspring, Nick Jr., Nick at Nite, TeenNick, Nicktoons and Nick Music.

Persons: Dado Ruvic, John Malone, Walt Disney, ”, Craig Moffett, “, you’re, Rich Greenfield, Jonathan Miller, Nick Jr, Nick, Nick Music, Moffett, Dawn Chmielewski, Kenneth Li, Josie Kao Organizations: REUTERS, Liberty Broadband, Charter Communications, Reuters, Disney / Charter, Disney, Broadcasters, Cable, P Global Market Intelligence, Netflix, Leichtman Research, Paramount, ESPN, FX, Integrated Media Co, Warner Bros Discovery, American Heroes Channel, Paramount Global, Nickelodeon, Nick, Thomson Locations: U.S, Greenfield, Los Angeles, New York

☆ AI infrastructure will be the backbone of U.S. business in 10-years, says Needham's Laura Martin
▼ + stars: | 2023-09-11 | 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 EmailAI infrastructure will be the backbone of U.S. business in 10-years, says Needham's Laura MartinLaura Martin, senior media analyst at Needham, and CNBC's Steve Kovach join 'The Exchange' to discuss US-China relations, weakness in consumer demand for Apple devices in China, and the bull case for Apple's virtual reality headset.

Persons: Needham's Laura Martin Laura Martin, Steve Kovach Organizations: Needham, Apple Locations: China

☆ Taylor Swift could change the movie theater industry with her Eras Tour concert film — here's how
▼ + stars: | 2023-09-10 | by ( Sarah Whitten | ) www.cnbc.com time to read: +9 min

Despite placing her previous documentaries and concert films on streaming services in the past, the iconic pop star opted to deliver her Eras Tour film directly to cinemagoers this October. Of course, the theater company will generate significantly more than that in concession sales, perhaps the real upside to Swift's film release. "Taylor Swift, being a cultural powerhouse and shaper of new business models, may have a hand in bringing back the old-school style concert film." Swift's concert film seems destined to overtake the current record holder for a theatrical concert film. Miley Cyrus' "Best of Both Worlds" concert film tallied $31.1 million during its opening weekend back in 2008, appearing in around 680 locations.

Persons: Taylor Swift, Shawn Robbins, Swift, Oppenheimer, They're, Cinemark —, It's, Robbins, Beyonce, Adele, Mario, Michael O'Leary, Paul Dergarabedian, Miley Cyrus, Taylor Organizations: T, Fort Worth Star, Tribune, Service, Getty, BoxOffice.com, Screen Actors Guild, American Federation of Television, Radio Artists, National Football League, Sony, Disney, Warner Bros, AMC, Universal, Swift, Mario Bros, National Association of Theatre Locations: Arlington , Texas, Cincinnati , Ohio

☆ 'Barbie' wins the summer box office, but fall looks gloomy — even with Taylor Swift
▼ + stars: | 2023-09-06 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

Top summer movies of 2023, domestic Warner Bros.' "Barbie" — $612.3 millionSony's "Spider-Man: Across the Spider-Verse" — $381.2 millionDisney's "Guardians of the Galaxy Vol. Still, the 2023 summer box office managed to trail pre-pandemic levels by just 5.9%, or a little more than $200 million, according to data from Comscore. "Perhaps the most notable aspect of the summer movie season of '23 was its volatility," said Paul Dergarabedian, senior media analyst at Comscore. "Barbie," a partnership between Warner Bros. and Mattel , generated $612.3 million between its July 21 release and Labor Day, representing 15% of the total summer box office. Warner Bros.

Persons: Barbie, Oppenheimer, Taylor, Swift, Paul Dergarabedian, Tom Cruise, Indiana Jones, Rebecca Ferguson, Denis Villeneuve's Organizations: Warner Bros, Hollywood, Labor, Guardians, DC, Mattel, Angel Studios Locations: Hollywood, U.S, Canada

☆ Women are fueling the box office in China and Hollywood should take note
▼ + stars: | 2023-09-05 | by ( Sarah Whitten | ) www.cnbc.com time to read: +2 min

Women are fueling China's box office despite making up a smaller share of the population — and Hollywood should take note. The higher-than-expected box office spending by Chinese women not only shows a cultural shift, but also a new entry point for American studios. Tapping into this new trend of female moviegoers in China could be a new strategy for Hollywood. While Warner Bros.' "Barbie" has collected only around $35 million so far in China, Tran suggests studios could look to capitalize on a demographic that is being underserved in the marketplace. "Purchasing power of women in China has been increasing for several years," Tan explained.

Persons: Barbie, Kevin Tran, Tran, Tan, China's Organizations: Hollywood, Morning, Warner Bros Locations: China

☆ Horror movies will dominate movie theaters from now until Halloween
▼ + stars: | 2023-09-01 | by ( Sarah Whitten | ) www.cnbc.com time to read: +1 min

Starting Friday, movie theaters will have a steady stream of jump scares, creepy monsters and gore — and that's great news for the box office. As Hollywood grapples with dual labor strikes that restrict promotions for big blockbuster features, horror films could be the perfect balm. With smaller-than-average production budgets, these films are also often very lucrative for studios and don't require massive box office receipts to be profitable. Already in 2023, the horror movie genre has generated more than $600 million in domestic ticket sales, representing around 10% of the total box office in the U.S. and Canada, according to data from Comscore. Top horror films this year include:"Today's audiences love the thrills and escapist nature of horror films and the consistently solid box office numbers have ensured that studios and filmmakers will continue to produce a plentiful number of these films and movie theaters now and well into the future," Dergarabedian said.

Persons: Paul Dergarabedian, Shawn Robbins, Dergarabedian Organizations: Hollywood, Comscore, BoxOffice.com Locations: U.S, Canada

☆ 'Barbie' passes 'Super Mario Bros.' and becomes America's highest-grossing movie of 2023
▼ + stars: | 2023-08-24 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

New York CNN —“Barbie” is now the highest-grossing movie at the domestic box office this year, taking the crown away from “Super Mario Bros.”According to studio estimates, “Barbie” has made $575.4 million at the American box office as of Thursday, edging past Mario’s domestic haul of $574.2 million. “Barbie’s” run to the top was faster than “Mario’s,” reaching the record-breaking title in only 34 days since its release. It took Mario, Luigi and the gang 138 days to cross the $574.2 million benchmark in the United States, according to Deadline. It also placed director Greta Gerwig as the highest-grossing female movie director in history. “Barbie” and “Blue Beetle” are distributed by CNN’s parent company, Warner Bros.

Persons: New York CNN — “ Barbie ”, Mario, “ Barbie ”, Luigi, ”, Paul Dergarabedian, Greta Gerwig, “ Barbie Organizations: New, New York CNN, “, Warner Bros, Discovery’s, CNN, DC, Warner Bros . Locations: New York, ”, United States

☆ 'Barbie' faces DC's 'Blue Beetle' in a late summer box office showdown
▼ + stars: | 2023-08-18 | by ( Sarah Whitten | ) www.cnbc.com time to read: +4 min

In this article WBD Follow your favorite stocks CREATE FREE ACCOUNTXolo Mariduena stars ase Jaime Reyes in Warner Bros.' "Blue Beetle." Warner Bros. As "Barbie" continues a historic run in theaters, a little-known superhero called "Blue Beetle" is looking to take the top spot on the charts this weekend. "Blue Beetle" arrives in theaters after several DC Comics-based films have flopped at the box office and while the studio undergoes a major creative regime change. Fury of the Gods," "The Flash," "Blue Beetle" and the upcoming "Aquaman and the Lost Kingdom."

Persons: Jaime Reyes, Barbie, Robert Thompson, Thompson, haven't, Paul Dergarabedian, Will, Knight, Shawn Robbins, Robbins Organizations: Warner Bros, DC, Syracuse University, Warner Media, Disney's Marvel Studios, Galaxy, Marvel, Justice League Locations: U.S, Canada

☆ 'Dune: Part Two' is supposed to come out this year. The strikes could change that
▼ + stars: | 2023-08-17 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

As two Hollywood strikes rage on, movie writers and stars aren't permitted to hype their projects, due to strike rules. The longer the work stoppages keep going, the more likely it is studios will delay releases as production shutdowns choke the movie release pipeline. "Dune: Part Two," a science fiction epic based on Frank Herbert's seminal novel, could end up the biggest title to move. Warner Bros. didn't immediately respond to CNBC's request for comment. While the Writers Guild of America has returned to the bargaining table with producers, negotiations are moving slowly.

Persons: aren't, Ethan Coen's, Emma Stone, Frank Herbert's, Barbie, HBO Max, Paul Dergarabedian, didn't, haven't, AFTRA, Steven Schiffman Organizations: ANGELES, Warner Bros, American Federation of Television, Radio Artists, HBO, Comscore, Writers Guild of America, SAG, WGA, Georgetown University, National Geographic Locations: U.S

☆ Traditional TV usage drops below 50% for first time ever
▼ + stars: | 2023-08-15 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +3 min

The decline of traditional TV continues, even as the prices of streaming services rise. Total traditional TV usage — comprised of broadcast and pay-TV — dropped below 50% in July for the first time ever, according to Nielsen's monthly streaming report, The Gauge. Usage among pay-TV customers fell to 29.6% of TV, while broadcast dropped to a 20% share during the month. Many consumers left the traditional TV bundle due to its steep prices. Lackluster streaming subscriber growth hasn't helped much in their bid for profitability, Macquarie noted in its report.

Persons: —, Nielsen's, Tim Nollen, Max, Comcast's Peacock, Macquarie Organizations: Comcast Corp, Charter Communications, Comcast, Charter, Macquarie, Macquarie ., Nielsen, Netflix, Disney, Hulu, ESPN, Warner Bros, Warner Bros . Discovery, Paramount Locations: Macquarie

☆ Disney's future, a hot topic among Hollywood elite
▼ + stars: | 2023-08-14 | by ( Dawn Chmielewski | ) www.reuters.com time to read: +5 min

[1/2] Executive Chairman of the Walt Disney Company, Bob Iger arrives at the world premiere for the film 'The King's Man' at Leicester Square in London, Britain December 6, 2021. REUTERS/Hannah McKay/File PhotoAug 14 (Reuters) - Hollywood's favorite parlor game of the week: What will Bob Iger do next? Another veteran media executive predicted Disney would spin off the television asset to its shareholders as a separate, publicly traded company by 2024, with private equity potentially playing a role. "You sell the parts, then sell what's left," said the veteran. Reporting by Dawn Chmielewski in Los Angeles; Editing by Kenneth Li and Richard ChangOur Standards: The Thomson Reuters Trust Principles.

Persons: Bob Iger, Hannah McKay, Walt Disney, Iger, Jeff Bewkes, what's, It's, Laura Martin, Dawn Chmielewski, Kenneth Li, Richard Chang Organizations: Walt Disney Company, Leicester Square, REUTERS, U.S ., Walt, CNBC, Reuters, ESPN, Disney, ABC, Disney Channel, NBA, Comcast, Hulu, Time Warner, Google, Facebook, Apple, Netflix, MGM, Needham, Thomson Locations: London, Britain, Culver City, New York City, U.S, Hulu, Hollywood, Los Angeles

☆ ‘Barbie’ on track to become highest grossing domestic film of the year
▼ + stars: | 2023-08-13 | by ( Jennifer Korn | ) edition.cnn.com time to read: +2 min

Trailing behind “The Super Mario Bros. Movie” by an estimated $48 million, writer-director Greta Gerwig’s “Barbie” appears destined to gain the top spot for highest grossing domestic film of 2023. While “Pink Fever” has slowed in the last week, “Barbie” is estimated to have earned $33.7 million this weekend to maintain its stronghold in the theaters. The comedy about the iconic doll is estimated to have reached $525 million domestic and nearly $1.2 billion worldwide. “Barbie” took in $10 million Friday alone, earning an average above $11.3 million per day from August 5-11. “Barbie” passed the $500 million domestic mark in the middle of its third week, while “The Super Mario Bros. Movie” needed more than five weeks to reach the milestone.

Persons: New York CNN — “ Barbie ”, Mario, Greta Gerwig’s “ Barbie ”, “ Barbie ”, Paul Dergarabedian, “ Oppenheimer, ”, “, Barbenheimer, “ I’ve, Barbie ’, ‘ Barbie ’, ‘ Oppenheimer, ’, Margot Robbie, “ Barbie Organizations: New, New York CNN, Mario Bros, CNN, Collider, Warner Bros, Warner Bros . Locations: New York, North America

☆ The great debate over banning TikTok
▼ + stars: | 2023-08-10 | 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 EmailThe great debate over banning TikTokCNBC Senior Media & Tech Correspondent Julia Boorstin asks experts to weigh in on the great TikTok debate. FCC Commissioner Brendan Carr expresses his national security concerns associated with TikTok while Georgia Tech Professor Milton Mueller defends the opposite perspective. The Professor published an academic study that analyzed the impact of Tiktok on National Security and told CNBC that their study found "no evidence" the app poses a national security threat.

Persons: Julia Boorstin, Brendan Carr, Milton Mueller Organizations: CNBC, Media, Tech, Georgia Tech, National Security Locations: TikTok

☆ ‘Oppenheimer’ surpasses $500 million, sets box office record for highest grossing film set during World War II
▼ + stars: | 2023-08-06 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +2 min

New York CNN —On the same day “Barbie” passed its billion-dollar box office milestone, the other half of the viral “Barbenheimer” phenomenon blew past the half-billion-dollar mark. Since its release three weeks ago, Christopher Nolan’s “Oppenheimer” has made $552.9 million worldwide, according to official estimates from Universal Pictures. It is now the highest grossing R-rated movie of 2023, and “marks the fastest a Universal R-rated film has hit the $200 million threshold domestically,” the studio said in a news release Sunday. It’s also the highest grossing movie set during World War II, according to Universal. The box office numbers are impressive for a three-hour biography about J. Robert Oppenheimer, the Manhattan Project physicist.

Persons: Barbie ”, Christopher Nolan’s “ Oppenheimer ”, It’s, “ Oppenheimer ”, ”, Paul Dergarabedian, J, Robert Oppenheimer, “ ‘ Oppenheimer ’ …, ” “ Oppenheimer Organizations: New, New York CNN, Universal Pictures, Universal, Manhattan Project Locations: New York

☆ 'Barbie' to top $1 billion at the global box office Sunday
▼ + stars: | 2023-08-06 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

Discovery and Mattel will top $1 billion in global ticket sales, before the end of the weekend, according to estimates from the studio. Gerwig joins Anna Boden, co-director of Disney's "Captain Marvel," as the only two women to helm a live-action billion-dollar film. Universal's "The Super Mario Bros. Movie" has topped $1.3 billion since its April debut. Each film tallied less than $200 million in domestic box office receipts. "The box office powerhouse isn't done yet as the coming weeks offer little in the way of direct competition, giving 'Barbie' plenty of runway to continue building on this success," Robbins said.

Persons: Barbie, Shawn Robbins, Greta Gerwig, Gerwig, Anna Boden, Marvel, Jennifer Lee, Chris Buck, Mario, Paul Dergarabedian, Indiana Jones, Robbins Organizations: Warner Bros . Discovery, Mattel, Disney, Warner Bros, Mario Bros, Comscore, Furious, Comcast, CNBC Locations: Comscore, NBCUniversal

☆ 'Barbie' makes history with $1 billion box office
▼ + stars: | 2023-08-06 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +4 min

New York CNN —“Barbie” has answered the billion-dollar question with a resounding “yes.” Barely three weeks into its run, writer-director Greta Gerwig’s blockbuster has raked in an astounding $1.03 billion at the global box office, according to official Warner Bros. estimates. He added the movie’s marketing campaign was the first hint “Barbie” would be a box office smash. “Barbie” was distributed by Warner Bros., which is owned by CNN’s parent company Warner Bros. Its global success was driven by box office sales in some of the world’s largest movie markets, including the United Kingdom, Mexico and Australia. 1 release in these markets every weekend since its release, according to tracking site Box Office Mojo.

Persons: New York CNN — “ Barbie ”, Greta Gerwig’s, Barbie ”, “ I’ve, Barbie, ”, Paul Dergarabedian, Dergarabedian, ‘ Barbie ’, ‘ Oppenheimer, ’, Margot Robbie —, —, “ Barbie ”, “, Barbie ’, Michael Berry, Berry, Barbie haters, it’s, BoxOffice, Shawn Robbins Organizations: New, New York CNN, Warner Bros, Comscore, Collider, Warner Bros ., UCLA’s Center, Chinese Studies, BoxOffice Pro Locations: New York, United Kingdom, Mexico, Australia, China, United States

☆ 'Barbie' is less than $100 million away from a billion-dollar box office heading into third weekend
▼ + stars: | 2023-08-04 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

"Barbie" is less than $100 million away from topping $1 billion at the global box office. "Joining the billion-dollar box office club is a watershed moment for 'Barbie' and Greta Gerwig as the latter will become the first solo female director to achieve that feat," said Shawn Robbins, chief analyst at BoxOffice.com. Anna Boden, co-director of Disney's "Captain Marvel," was the first female director to be attached to a billion-dollar live-action film. When "Barbie" tops this mark, it will become the first billion-dollar film to do so for the newly minted Warner Bros. Box office analysts don't expect "Barbie" ticket sales to stall after this weekend, either.

Persons: Barbie, Greta Gerwig, Shawn Robbins, Anna Boden, Marvel, Jennifer Lee, Chris Buck, Robbins, It's, Paul Dergarabedian Organizations: Warner Bros . Discovery, Mattel, BoxOffice.com, Disney, Warner Bros, Comscore, Screen, – American Federation of Television, Radio Artists Locations: Comscore, Hollywood

☆ Trump-endorsed 'Sound of Freedom' has outgrossed 'Mission: Impossible,' 'The Flash'
▼ + stars: | 2023-08-01 | by ( Sarah Whitten | ) www.cnbc.com time to read: +5 min

Over the last four weeks, Angel Studios' "Sound of Freedom," an indie film that has drawn the support of former President Donald Trump and other conservatives, has captured nearly $150 million in domestic ticket sales. "Sound of Freedom" is also on the heels of Disney's "Indiana Jones and the Dial of Destiny," which has generated around $167 million in box-office grosses in the U.S. and Canada. "'Sound of Freedom' is a summer movie success story that wasn't even on the radar just a few short weeks ago," said Paul Dergarabedian, senior media analyst at Comscore. "Sound of Freedom" wrapped filming in 2018. "'Sound of Freedom' benefitted not only from this but also by providing a non-typical summer style movie experience."

Persons: Donald Trump, Mario Bros, Tom Cruise, Indiana Jones, Shawn Robbins, Paul Dergarabedian, Tim Ballard, Jim Caviezel, Robbins, Trump, Steve Bannon, Trump's, Kari Lake, Jack Posobiec, Kevin McCarthy, Dergarabedian Organizations: Angel Studios, Hollywood, Warner Bros, DC, Century Fox, Walt Disney Co, Comcast, CNBC Locations: U.S, Canada, Hollywood, Colombia, New Jersey, Arizona, Washington, NBCUniversal

☆ Julia Boorstin: I Strive To Be Intellectually Ambitious
▼ + stars: | 2023-07-31 | 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 EmailJulia Boorstin: I Strive To Be Intellectually Ambitious"Invest in the stock market and invest in yourself." Senior Media & Tech correspondent Julia Boorstin shares the advice she would give to her younger self and how she went from Fortune Magazine to CNBC.

Persons: Julia Boorstin Organizations: Invest, Media, Tech, Fortune Magazine, CNBC

☆ 'Barbenheimer' is a billion-dollar win for the global box office
▼ + stars: | 2023-07-31 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

"Barbenheimer" remains red-hot at the box office. Domestically, "Barbenheimer" saw smaller-than-average second week ticket sales drops as millions of moviegoers headed to cinemas to catch the popular flicks. Second week numbers are often looked at by box office analysts as an indicator of whether a film will have longevity at the box office or will fizzle quickly. Similarly, the confluence of these two films boosted the overall domestic box office compared with last year's haul to this point. The overall domestic box office still lags behind prepandemic levels by around 16%, however.

Persons: Barbie, Oppenheimer, Paul Dergarabedian, Greta Gerwig, Dergarabedian, NBCUniversal Organizations: Warner Bros, Comscore, Mattel, Labor, Comcast, CNBC Locations: Somerdale , New Jersey, moviegoing, NBCUniversal

☆ ‘Barbenheimer’ box office success has reawakened America’s moviegoing muscle
▼ + stars: | 2023-07-30 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +4 min

CNN —It’s a tale of two movies and a box office triumph: “Barbie” and “Oppenheimer” maintained incredible momentum into their second weekends. It is the largest domestic second weekend performance ever for Warner Bros., which produced the movie. Crucially, these numbers reflect that not only is there high energy and excitement for movies, but an appetite for the movie theater experience. People dress up as the doll Barbie to attend the Barbie movie on July 21, 2023 in New York City. “You have to go into the theater to experience it.”Repeat viewings are also fueling box office earnings.

Persons: CNN —, “ Barbie ”, “ Oppenheimer ”, Barbie ”, Oppenheimer, Barbie, Stephanie Keith, Barbenheimer, it’s, ”, Michael O’Leary, “ Oppenheimer, O’Leary, “, they've, Instagram O’Leary, there’s, Paul Dergarabedian, Eric Thayer, Shawn Robbins Organizations: CNN, Warner Bros, Warner Bros ., National Association of Theater Owners, B Theaters, Hollywood, B, “, Guild of America, SAG, Comscore, ”, Screen, Fox Studios, Bloomberg, Getty, Boxoffice Pro Locations: New York City, United States, Los Angeles

☆ Ongoing strikes could kill Hollywood's momentum after the 'Barbenheimer' bump, but 4 industry insiders and analysts are still optimistic about the future of these 5 entertainment companies
▼ + stars: | 2023-07-29 | by ( James Faris | ) www.businessinsider.com time to read: +11 min

Here's which entertainment companies will outperform, according to analysts and industry insiders. Four industry veterans Insider spoke with unanimously agreed that unless the strikes are resolved soon, the movie industry's much-needed revival will fizzle out. In a mid-July note about the movie industry, Reese and Pachter highlighted three theater-related companies that are best positioned to survive in this difficult environment. FuboTV should be a winner since it's a solid alternative for cord cutters who still need news and sports coverage, which aren't impacted by the strikes, Pachter noted. Netflix is perhaps the most fascinating company in the media industry right now.

Persons: Barbie, Oppenheimer, Paul Dergarabedian, Alicia Reese, David A, Gross, Strikes, Reese, Michael Pachter, Dergarabedian, Pachter, Richard Gelfond, JPMorgan's David Karnovsky, Wedbush's Pachter, aren't, it's Organizations: Hollywood, Wedbush Securities, Entertainment Research, Alliance, Television Producers, Consumers, Netflix Locations: Hollywood, creatives

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