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How it performs on Amazon Prime Video matters more. But media experts told Business Insider that Amazon MGM could still profit from "Red One" and likely won't view it as a failure. Amazon MGM hopes the theatrical release will generate buzz for the film before it lands on Amazon Prime Video, Variety reported on Sunday. Frank Masi / Frank Masi / Prime"Red One" was initially going to premiere on Amazon Prime Video, but Amazon MGM later pivoted to a theatrical release. And if audiences think "Red One" will come to Amazon Prime Video during Christmas, they may choose "Wicked," "Moana 2," and "Gladiator 2" instead.
Persons: Chris Evans, Dwayne Johnson, Lucy Liu, , Bob Marley, Rob Mitchell, Variety, Matthias Frey, Johnson, Frey, Hivju, Callum, Frank Masi, Kevin Wilson, We're, that's, Jezz Vernon, Paul Mescal, Lucius, Aidan Monaghan, Paramount Pictures Mitchell Organizations: Amazon Prime, Pole, MGM, Gower, Analytics, Intelligence, Department of Media, Culture, Creative Industries, City , University of London, Variety, Netflix, Amazon MGM, University of Exeter, Paramount Pictures Locations: North America, London, UK
Steve Jobs had apparently had mixed feelings about Apple entering the TV market before his death. Apple cofounder Steve Jobs reportedly made it clear before he died that Apple wouldn't pursue its own television set, but the company may now be revisiting the idea over a decade later. Jobs reportedly told biographer Walter Isaacson that he'd "finally cracked" how to make TVs simpler to use. In 2014, writer and former Apple beat reporter Yukari Iwatani Kane wrote in her book, "Haunted Empire: Apple After Steve Jobs," that Jobs told top Apple employees in 2010 that the company wouldn't be making a TV set. Apple's services business, which includes Apple TV+ subscriptions, has boomed in recent quarters.
Persons: Steve Jobs, Apple hasn't, Jobs, Walter Isaacson, he'd, Isaacson, Apple, it's, Yukari Iwatani Kane, Ted Lasso Organizations: Apple, Bloomberg, Apple Intelligence
Winslet recounted that while she had previously executive produced a number of her projects, “Lee” was the first movie where she served as a full-on producer. That required her involvement from “beginning to end,” including when the film was scored in post-production. “I’m looking at this violinist and I thought, ‘I know that face!’” she said. Jonathan Evans-Jones as Wallace Hartley in 1997's "Titanic." CBS/Getty Images“It was that guy!” Winslet exclaimed this week, later adding, “it was just wonderful” to see him again.
Persons: Kate Winslet, , Graham Norton, “ Lee, Lee Miller, Winslet, “ Lee ”, Norton, , , nag, James Cameron’s, Jonathan Evans, Jones, Wallace Hartley, ” “ Lee ” Organizations: CNN, CBS, Getty Locations: London
How the hedge fund superstar went extinct
  + stars: | 2024-07-23 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +7 min
But for now, we're examining how the hedge fund superstar has gone extinct . The big storySo long, superstarGetty Images; Alyssa Powell/BIWhere have all the hedge fund superstars gone? AdvertisementIn years past, even rubbing shoulders with a legendary hedge fund manager was enough for aspiring fund managers to raise capital. Meanwhile, the hedge fund industry has also evolved. Aaron Weiner, a 31-year-old from Coatue, got a multibillion-dollar check from Millennium for his to-be-launched hedge fund .
Persons: , Kamala Harris, Harris, Alyssa Powell, Insider's Linette Lopez, Julian Robertson, Griffin's, Izzy Englander's, Goldman Sachs, Jared Siskin, Bobby Jain, it's, Aaron Weiner, Jonathan Xiong's, Maja Hitij, Carl Godfrey, Apple, Sam Altman's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Democratic, Democratic Party Convention, Business, Getty, Management, Goldman, Madison, Park Conservancy, Citadel, Credit Suisse, Jain, ExodusPoint, Investment Partners, Blackstone, Elon Musk's, Big Tech, Bank of America, BI Founders, Forge, Apple, Google, General Motors Locations: Venture, Wall, Park, Coatue, Miami, London, New York
The first episodes of the sci-fi thriller "Sunny," starring Rashida Jones, are streaming on Apple TV+. Documentaries about Melissa Etheridge, Faye Dunaway, and Serena Williams are also out now. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Oscar-winning actor Faye Dunaway, legendary musician Melissa Etheridge, and tennis icon Serena Williams are all the subjects of documentaries and docuseries that are now available to watch at home. If you'd rather escape from reality, new movies like "Arcadian" and the AppleTV+ sci-fi drama series "Sunny" are also available to stream.
Persons: Rashida Jones, Melissa Etheridge, Faye Dunaway, Serena Williams, , Oscar Organizations: Apple, Hulu, Service, Business
Needham sees Apple doubling its revenue growth by building out an advertising business. Analyst Laura Martin said the big technology company's single-digit revenue growth rate feels "increasingly at risk" over a three-year time horizon. Martin pointed to eMarketer data showing worldwide ad revenue should come in at just about $9.3 billion for Apple in the 2024 fiscal year. Selling connected TV ads on AppleTV+ could alone double the company's expected revenue growth rate of just 1% this year, Martin said. More broadly, she said advertising could help "reinvigorate" Apple's "anemic" revenue growth rate, while also accelerating free cash flow growth and upside to return on invested capital.
Persons: Needham, Laura Martin, Martin, LSEG Organizations: Apple, Amazon, Big Tech Locations: U.S
CNN —Hollywood star Tom Holland will play Romeo in Shakespeare’s “Romeo & Juliet” in London’s West End later this year. The “Spiderman” star announced his new gig at the Duke of York’s Theater in a post on Instagram, marking his return from a mental health break. “Tom Holland is Romeo in Jamie Lloyd’s pulsating new vision of Shakespeare’s immortal tale of wordsmiths, rhymers, lovers and fighters,” the tagline on the production’s website reads. The engagement will be Holland’s first since he announced in June last year that he was taking a break from acting to protect his mental health. And it was not his salary, it was his first box-office bonus, not the whole box office, the first one.
Persons: Tom Holland, Romeo, Shakespeare’s, Juliet ”, Duke, Jamie Lloyd’s, Holland, ” Holland, Daniel Keyes ’, Billy Milligan, , , , Tom Hollander, Holland’s, Hollander, – “, ” Hollander, Organizations: CNN, Hollywood, York’s Locations: London’s, AppleTV, Holland
Joaquin Phoenix Photo: AppleTV+Joaquin Phoenix finds Napoleon morose, anguished, petulant and a bit childlike, which reminds me that although I enjoyed his morose, anguished, petulant and a bit childlike performance as the Joker, his decision to play Jesus Christ as morose, anguished, petulant and a bit childlike, in 2019’s little-seen “ Mary Magdalene ,” felt a bit off. Mr. Phoenix even appeared morose, etc. (Being 49, Mr. Phoenix is too old for all but the final moments.) Most of the movie is a vaguely comical swipe at Napoleon in domestic life—an awkward lover, a jealous husband, an inveterate complainer, and in sum an annoying twerp. Mr. Phoenix’s Napoleon could never have commanded so much as a squadron of the Salvation Army, and though the movie is sprinkled with a few reasonably hearty battle scenes, overall it’s something like Mr. Scott’s Waterloo.
Persons: Joaquin, Joaquin Phoenix, Napoleon morose, Jesus Christ, Mary Magdalene, , Phoenix, it’s, thirstily, Ridley Scott ’, Napoleon, Steven Spielberg ’, Lincoln, Phoenix’s Napoleon Organizations: Joaquin Phoenix, Salvation Army Locations: Waterloo, Scott’s Waterloo
By the time Scott hit the red carpet in London for “Napoleon’s” UK premiere last Thursday, you’d think there’d be nothing left to say. Before Scott cinephiles have even seen “Napoleon” on screen, there’s palpable excitement about the prospect. Joaquin Phoenix and Ridley Scott attend the "Napoleon" UK Premiere last week. I’m already recceing a film I’m going to do next year after ‘Gladiator.’ That’s the way I work,” he said. Like the little general in his film, Scott marches on.
Persons: Ridley Scott, “ Napoleon, , Joaquin Phoenix, of, Scott, Napoleon’s, you’d, that’s, Scott cinephiles, Napoleon ”, , ” Scott, he’s, Napoleon Bonaparte, “ There’s, ” Joaquin, Napoleon, , I’d, Josephine, ” Napoleon, Vanessa Kirby, ” Kirby, Phoenix, Commodus –, Lia Toby, Joaquin, Paul Mescal, , , “ Napoleon ” Organizations: CNN, UK, ” Joaquin Phoenix, Apple, Sony Pictures Locations: of France, London, “ Kingdom, Toulon, Austerlitz, Waterloo
Joaquin Phoenix in ‘Napoleon’ Photo: AppleTV+Film• “Napoleon” (Nov. 22): Ridley Scott ’s much-anticipated historical epic about the historic figure arrives with Joaquin Phoenix in the title role alongside Vanessa Kirby as Empress Joséphine. • “Wish” (Nov. 22): Walt Disney’s latest is an animated musical, directed by Chris Buck (“Frozen”) and Fawn Veerasunthorn (in her directorial debut), about a teenager who teams up with a magical star to fight against the dark powers commanded by the leader of her kingdom.
Persons: Joaquin Phoenix, ‘ Napoleon ’, Napoleon ”, Ridley Scott ’, Vanessa Kirby, Joséphine, , Walt Disney’s, Chris Buck, Fawn Veerasunthorn Locations:
Apple was asked by a House committee to explain its decision to cancel Jon Stewart's show. "The Problem with Jon Stewart," which streams on Apple TV+, was canceled last month. AdvertisementLawmakers have asked Apple to explain why "The Problem with Jon Stewart" was recently canceled. AdvertisementAfter being told he must be "aligned" with the company on topics, Stewart and Apple decided to go their separate ways. "If Jon Stewart can potentially be impeded from offering commentary on the CCP, what does this mean for less prominent personalities?".
Persons: Apple, Jon Stewart's, Jon Stewart, , Tim Cook, Stewart, Ding Xuexiang Organizations: Apple, Chinese Communist Party, Service, New York Times, Communist Party, CCP, Getty, Business Locations: China, Beijing, Xinhua
CNN —Did Apple and Jon Stewart part ways over China? The letter also asked Apple to make a public commitment that content potentially viewed as critical of the Chinese Communist Party would be welcome on the company’s services. “If these reports are accurate, it potentially speaks to broader concerns about indirect Chinese Communist Party (CCP) influence over the creative expression of American artists and companies on CCP-related topics,” the committee said in the letter. Representatives for Apple and Stewart did not immediately respond to CNN requests for comment. China represents nearly a fifth of Apple’s sales and is by far the company’s fastest-growing region.
Persons: Jon Stewart, Tim Cook, Jon Stewart ”, , Mike Gallagher, Raja Krishnamoorthi, Illinois —, Apple, Stewart Organizations: CNN, Chinese Communist Party, Wednesday, Apple, Wisconsin Republican, Communist Party, CCP, Xi Locations: China, Wisconsin, Illinois, People’s Republic of China
Talk Errol Morris Did Not Like This Q&A About His le Carré FilmJohn le Carré’s spy novels traffic in the philosophical, emotional and practical ambiguities complicating concepts like truth, deceit and self-awareness. “The reason that I made ‘The Pigeon Tunnel,’” he said about le Carré, “is that he is interested in philosophical questions. I say to le Carré that for him the world divides into two groups: string-pullers and dupes. Mark Lipson, via Fourth Floor ProductionsWhat does John le Carré say about your position as an interviewer at the beginning of the film? I have a question about this idea that le Carré has: that the world divides into string-pullers and dupes.
Persons: Errol Morris, John le Carré’s, David Cornwell, Morris, , le, John le Carré, Igor Martinovic, le Carré, I’m, , , Rudolf Hess’s, Robert McNamara, You’ve, ” —, Louise, Geez Louise, someone’s, Satan, Mark Lipson, Barack Obama’s, you’re, you’ve, David Cornwell’s, coy, Godard, It’s, David, Cornwell, Errol, David Marchese, Alok Vaid, Menon, ordinariness, Joyce Carol Oates, Robert Downey Jr Organizations: Apple, Sony Pictures, Everett, Whitney Biennial, Marvel Locations: British
Apple is interested in the exclusive global rights for Formula 1 races, Business F1 reported. The iPhone maker could offer up to $2 billion a year for the rights, per the report. AdvertisementAdvertisementApple is reportedly considering making a bid of up to $2 billion a year for the rights to show Formula 1 races, according to a report by Business F1. Formula 1 Group declined to comment to Business F1 and didn't immediately respond to a request for comment from Insider. CHANDAN KHANNA/Getty ImagesAn MLS Season Pass costs $14.99 a month or $29 a season, while Apple TV+ subscribers pay $12.99 a month or $25 a season.
Persons: , Tim Cook, JIM WATSON, Lionel Messi, CHANDAN KHANNA, Apple wouldn't Organizations: Apple, Business, Major League Soccer, Service, Prix, Liberty Media, Sirius XM, MLS, Inter Miami, Wall Street, ESPN, ABC, Forbes, Sky, Revenue, Parks Associates, Amazon, Football, Sports Media Watch Locations: Austin , Texas
The Apple-Disney deal that could actually happen
  + stars: | 2023-09-21 | by ( Lucia Moses | ) www.businessinsider.com   time to read: +5 min
And Apple has long been seen by some analysts as the most obvious acquirer of all or part of Disney. Iger said he considers the studio, streaming, and parks businesses (where the company recently set plans to invest $60 billion over the next decade) to have the most value. It would be hard to imagine operating the parks or streaming businesses without owning the popular franchises that fuel them. Ives envisions a deal where Apple pays for exclusive access to ESPN content and game broadcasts, with an acquisition following down the road. I believe it's a matter of not if, but when Apple buys ESPN."
Persons: Bob Iger, Steve Jobs, Tim Cook, Biden, that's, Gregg Abella, Iger, David Rogers, Apple, it's, Dan Ives, Cook, Ives Organizations: Disney, ABC, FX, Geographic, ESPN, Apple, Pixar, Jobs, Apple's, Investment Partners, Management, Star, Marvel, Columbia University, Verizon, MLS, Messi, Insider, Wedbush Securities, Google
Members of the Writers Guild of America East are joined by SAG-AFTRA members as they picket at the Warner Bros. The Writers Guild of America said Monday that the union will resume negotiations with Hollywood studios on Wednesday as a shutdown of productions across the TV and movie business drags on. The union told its members to continue joining picket lines as the talks resume. In a first for visual effects workers, Marvel Studios VFX artists voted unanimously last week to join the International Alliance of Theatrical Stage Employees union. Elsewhere, actor Drew Barrymore and comedian Bill Maher faced widespread criticism when they announced the return of their talk shows despite the WGA strike.
Persons: Drew Barrymore, Bill Maher, Barrymore, Maher Organizations: Writers Guild of America, SAG, Warner Bros, Discovery, The, Guild of America, Hollywood, WGA, Alliance, Television Producers, Marvel Studios, International Alliance, Employees, Marvel, Disney Locations: New York City, Hollywood
A scene from ‘Strange Planet’ Photo: AppleTV+To paraphrase another famous comic strip, we have met the strangers of “Strange Planet,” and they are us. That, as becomes abundantly clear, is the Jupiter-size joke in Nathan W. Pyle ’s webcomic-cum-series on Apple TV+. The more immediate, Mars-equivalent gag is the translation of very earthy reality into absurdist techno-speak: Parents are “life-givers”; years are “revolutions”; unwanted cilantro in your “swaddled mush” is “soap leaf.” You may find your mouth stones on edge before episode 3, and it won’t be from too much jitter liquid.
Persons: Nathan W, Pyle, givers Organizations: Apple
A few years ago, it was generally accepted that there were four major pro sports leagues in North America consisting of 122 teams: MLB, the NBA, the NFL, and the NHL. Take Major League Soccer. Aliyah Boston (right) and WNBA Commissioner Cathy Engelbert pose with an Indiana Fever jersey during the 2023 WNBA Draft. This seemingly insatiable need for programming is a big reason why North American newcomers, like Major League Rugby and Major League Cricket, also have a good shot at survival. In other words, if you have ever dreamed of having a pro sports team in your neighborhood, there's never been a better chance it might actually happen.
Persons: Adam Silver, Rob Manfred, Don Garber, Lionel Messi, Cathy Engelbert, Adam Hunger, there's Organizations: NBA, MLB, MLS, Sports, Las Vegas, NHL, Las, Seattle —, NFL, Major League Soccer, Inter Miami, Boston, Indiana Fever, Major League Rugby, Major League Cricket, XFL, USFL, ESPN Locations: North America, Seattle, Las Vegas, Europe
Netflix, Apple, and more have perks that appeal to gamers, and those wanting to save money. There's no need to own a Kindle device as there's an app available to mobile devices and computers. There's also free music on offer with Prime – 100 million songs in fact – as well as podcasts, all ad-free, but yes, there is a catch of sorts. Spotify offers 300,000 audiobook titles InsiderApple One bundleIf you're paying $10.99 a month for Apple Music, you might want to consider upgrading to the Apple One bundle for about $6 more. Doing so will give you AppleTV+, the Arcade gaming service, Apple News+, Apple Fitness+ and 50 gigabytes of iCloud storage, as well as your tunes.
Persons: You'll, There's, Gucci, Riley's, it's Organizations: Netflix, Apple, Service, Amazon, Sonic, Wired, Twitch, Rush Shipping, Spotify, Apple Music, Arcade Locations: Wall, Silicon
More established streamers have had the most success growing their ad tiers. The findings come as Apple TV+ is rumored to be planning to join the other major streamers in chasing video advertising. Apple hired ad exec Lauren Fry earlier this year to build out the business, The Information reported, stoking speculation about its ad plans. And the streamers that have had an ad-supported tier for a while may have a first-mover advantage, the Antenna data suggests. AntennaNetflix and Disney+, meanwhile, whose ad tiers are the newest — having launched late last year — have only 2% and 5% of their subscribers opting for ads, respectively.
Persons: Peacock, Lauren Fry, Hulu, Discovery's Max, Jonathan Carson Organizations: Hulu, Apple, Paramount, Warner Bros, Netflix, Disney Locations: Hulu
He's predicting massive sales of the iPhone 15 and growth of its services business. Despite some signs that iPhone sales have slowed, one Apple watcher is predicting iPhone sales to bounce back and push its stock into stratospheric levels. Right now, prices for Apple's state-of-the-art iPhone 14 Pro Max start at $1099, with the slightly smaller pro starting at $999. Services is on pace to approach $100 billion compared to the roughly $50 billion it had in 2020, he writes in his note. But he's not wrong that Services growth is astounding and that it is quickly marching toward $100 billion.
Persons: Dan Ives, haven't, Ives, he's, Max Organizations: Morning, Apple, Wall, Services
Striking Hollywood writers lament residuals slide
  + stars: | 2023-05-22 | by ( Dawn Chmielewski | ) www.reuters.com   time to read: +5 min
The streaming residual check amounted to one-third of the $12,000 Jones received in residuals for writing one episode of the ABC drama "Queens." The writers argue that streaming services, which upended decades of television industry business practices, have significantly undercut their compensation. RESIDUALS WERE 'VERY HEALTHY'Streaming changed the compensation structure and now accounts for the largest share of TV residuals. One studio executive said writers negotiated a 46% increase in residuals for streaming programs, starting in 2022. The latest guild proposal would bump foreign streaming residuals by 200%, a number studio executives noted fails to recognize that subscription fees vary from country to country.
Fox Corp. , Disney , Warner Bros. Media executives' messaging to advertisers could center around value this year, particularly as companies continue to offer more content on their streaming services. Cost cuttingWhile media executives will try to convince advertisers to maximize their spending, they'll be pushing that narrative while making fewer shows. The logo of the streaming service Paramount+ on a logo wall at the Paramount+ launch event. Jörg Carstensen | Picture Alliance | Getty ImagesParamount, in particular, has seen a big reliance on franchises, especially for its Paramount+ streaming service.
More than 11,000 film and television writers, who say their compensation doesn't match the revenue generated in the streaming era, are on strike for the first time since 2008. Since then, a number of notable films and shows have halted or wrapped production early, including Netflix's "Stanger Things," Disney and Marvel's "Blade," AppleTV+'s "Severance" and Paramount's "Evil." Beyond the delayed production, and likely delayed releases, of these titles, industry experts worry the work pause could have a financial toll greater than that of the previous writers' strike. A number of productions with finished scripts, like Amazon's "The Rings of Power," have decided to continue filming without writers or showrunners on set. "While we're excited to start production with our amazing cast and crew, it is not possible during this strike.
‘Silo’ Review: A Sci-Fi World Within Brutalist Walls
  + stars: | 2023-05-05 | by ( John Anderson | ) www.wsj.com   time to read: +1 min
David Oyelowo, Geraldine James and Will Patton Photo: AppleTV+The day may come when creators of speculative fiction conjure a world in which humanity’s conflicts have been resolved, its needs met, its dreams realized. A day when viewers will be inspired to look forward to Earth’s destiny with hope rather than dread. A day when our imaginations will be piqued by the thought that light rather than darkness is at the end of the tunnel. But as the occupants of “Silo” would be apt to say, “We know that day . But “not this day.”
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