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The box office this weekend will be painted pink and green, with a splash of red. Universal’s “Wicked” and Paramount’s “Gladiator II” arrive ahead of the Thanksgiving holiday and are expected to tally more than $200 million in combined ticket sales this weekend. Whatever it hauls in for the weekend, “Wicked” should debut as the highest-opening Broadway adaptation in cinematic history. Meanwhile, “Gladiator II” tallied $6.5 million from Thursday previews and is expected to add between $60 million and $80 million to the domestic weekend tally. Cinemark has a “Gladiator II” popcorn bucket shaped like the Colosseum and a gladiator helmet that fits over its drink cups to hold popcorn.
Persons: Paramount’s, , Shawn Robbins, , Paul Dergarabedian, “ It’s, ” Robbins, Greg Marcus, Marcus Theatres, Marcus, ” Marcus, NBCUniversal Organizations: Fandango, Amazon, Hollywood, Rotten, Comscore, Marcus Corporation, Marcus Hotels, Resorts, Comcast, CNBC Locations: U.S, Canada, , Comscore, NBCUniversal
AdvertisementUniversal released "Wicked" on the same day as Paramount's "Gladiator II." The coincidental release date has seen the movies dubbed "Glicked" — an echo of "Barbenheimer." They will have to make over $2 billion to compete with "Oppenheimer" plus "Barbie." There's a new "Barbenheimer" in town, as two other highly anticipated blockbusters, "Wicked" and "Gladiator 2," have premiered on the same day. Related Video A real-life Barbie Dreamhouse opens in MalibuThis created a cultural moment, dubbed "Barbenheimer," that breathed life into a struggling industry as cinemagoers approached the films as a double bill.
Persons: Oppenheimer, Barbie Dreamhouse, cinemagoers, Barbie, Paramount's, w8vhOkU6GY Organizations: Warner Bros, Universal, Teens Locations: Malibu
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhat Comcast's cable network spinoff signals to the media industryJessica Reif Erlich, senior media and entertainment analyst at BofA Securities, and Mark Douglas, Mountain CEO, join CNBC's 'The Exchange' to discuss Comcast's newly-announced spinoff of its cable channels, what's next for the media industry, and more.
Persons: Jessica Reif Erlich, Mark Douglas, CNBC's Organizations: BofA Securities Locations: Mountain
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Mountain CEO Mark Douglas and BofA's Jessica Reif ErlichJessica Reif Erlich, senior media and entertainment analyst at BofA Securities, and Mark Douglas, Mountain CEO, join CNBC's 'The Exchange' to discuss Comcast's newly-announced spinoff of its cable channels, what's next for the media industry, and more.
Persons: Mark Douglas, BofA's Jessica Reif Erlich Jessica Reif Erlich, CNBC's Organizations: Mountain, BofA Securities Locations: Mountain
All three titles are expected to thrive at the box office, both during their openings and as they run through the rest of the year. The physical screens are often bigger than traditional movie screens or have auditoriums that feature higher-quality sound systems or seating options. These screens account for 9.1% of the domestic box office, around $600 million in 2024. PLF receipts still represent a small portion of the overall box office, with most audiences seeing films on traditional digital screens. However, it's no small feat that PLF box office has grown 33% in just five years.
Persons: Shawn Robbins, Lars Niki, Paul Dergarabedian, Steve Buck, Buck, Oppenheimer, Adam Jeffery Organizations: Paramount, Disney, Hollywood, Getty, National Association of Theatre, Warner Bros, CNBC Locations: New York City, North America, Square, NYC
The CEO of optics giant Olympus has resigned after it was alleged that he had bought illegal drugs. Stefan Kaufmann's departure as CEO pushed the company's shares almost 6% lower Monday. AdvertisementOlympus Corporation's CEO, Stefan Kaufmann, has exited the optics giant following allegations he purchased illegal drugs. It said that based on the results, Kaufmann had likely acted inconsistently with Olympus' global code of conduct, core values, and corporate culture. Business Insider was unable to reach Stefan Kaufmann for comment.
Persons: Stefan Kaufmann's, , Stefan Kaufmann, Kaufmann, Yasuo Takeuchi, Julie Hamp Organizations: Olympus, Service, Tokyo Stock Exchange, Police, Kyodo, Toyota Motor Corporation Locations: Tokyo, Japan
And it's not the only blockbuster-budgeted film to disappoint at the box office this year. "A combination of hits and flops are a hallmark of every box office year," said Paul Dergarabedian, senior media analyst at Comscore. But for more traditional media companies, that have long traded off their successes at the box office, shareholders still want to see a big theatrical return on investment. UniversalEstimated production budget: $80 million$80 million Global box office: $100 million$100 million Release date: Feb. 14, 2024 Sony's Spider-Man universe films have been hit-or-miss at the box office for years. However, despite solid reviews — a 90% "Fresh" rating on Rotten Tomatoes — the film failed to explode at the box office.
Persons: Joaquin Phoenix, Arthur Fleck, It's, Todd Phillips, it's, Paul Dergarabedian, Shawn Robbins, Robbins, Arthur Fleck's, Lady Gaga, Harley Quinn, Eli Roth's, Cate Blanchett, Kevin Hart, Jack Black, Jamie Lee Curtis, Ariana Greenblatt, Blanchett, — Bryce Dallas Howard, Sam Rockwell, Henry Cavill, John Cena, Samuel L, Jackson, Howard, Elly Conway, Guy, Ryan Gosling, Barbie, Emily Blunt, Oppenheimer, Colt, Jody Moreno's, Blunt, Cassandra Webb, Max, George Miller, Chris Hemsworth, Francis Ford Coppola, Cesar Catilina, Adam Driver, — Adam Driver, Dustin Hoffman, Giancarlo Esposito, Laurence Fishburne, Jon Voight, Coppola Organizations: Warner Bros, Universal, Lionsgate, Sony, Hollywood, Netflix, Apple, Arkham State Hospital, Audiences, Rotten, Fury Locations: Lionsgate's, Dua Lipa, New York City, Australia, York City, New Rome
Taylor Swift is self-publishing "The Eras Tour Book" and releasing it exclusively at Target. By excluding traditional publishers, Swift ensured she would get more of the book's revenue. With her latest announcement, the singer is back to her business-disrupting playbook with "Taylor Swift | The Eras Tour Book." AdvertisementIn what most closely resembles her book deal, Swift self-produced last year's "Taylor Swift: The Eras Tour" film. "Obviously, Taylor Swift is sort of a case under herself for this stuff in terms of just her reach," Hane said.
Persons: Taylor Swift, Swift, , she's, it's, Clayton Durant, Simon &, Erik Hane, they're, It's, Ashok Kumar, Courtney Maum, Jessica Maddox, Gareth Cattermole, Maddox, Hane, Vittorio Zunino Celotto, Durant, vinyls, Taylor, John Shearer, Beyoncé, Paul Dergarabedian Organizations: Target, Service, Taylor Swift Publications, Nation School of Music, Sports, Entertainment, Simon & Schuster, Macmillan, HarperCollins, Hachette —, Literary, University of Alabama, Department, Universal Music, Big, Bloomberg, Poets Department, AMC, Mojo, Disney Locations: Long, Target, London, TikTok, Milan
The 2024 box office has been inundated with sequels, prequels and remakes, with the top 10 titles of the year all coming from existing intellectual property. Looking at the current 2025 calendar, between 50% and 70% of the movies from the six major studios — Universal , Disney , Warner Bros. , Paramount , Sony and Lionsgate — will be related to existing IP. Craig T Fruchtman | Getty Images Entertainment | Getty ImagesEven before Hollywood was disrupted by the pandemic and the meteoric rise of streaming content, the domestic box office was heavily reliant on franchise titles. While that's a 11.3% drop from last year and lags 25% behind pre-pandemic levels, the haul is better than box office analysts had expected. "Some of the most well-received box office hits in recent memory have been sequels or films based on existing brands and there is still a variety of original content out there."
Persons: There's, Paul Dergarabedian, Guy, Bob Marley, Craig T Fruchtman, Kung, Dergarabedian, Kraven, Hunter, King, Shawn Robbins, Bridget Jones, MEGAN, Downton, Michael, John Wick Organizations: Marvel, Disney, — Universal, Warner Bros, Paramount, Sony, Lionsgate, Comscore, Getty, Hollywood, Universal, Century Fox, Warner Locations: Shanghai, China, Kingdom, New York City, Peru
"Joker: Folie a Deux" stumbled to just $40 million in domestic ticket sales during it opening weekend, a far cry from the $96.2 million its predecessor brought in during its debut in 2019. Just last month, the film was expected to haul-in closer to $70 million, but as reviews poured in, that estimated figure slumped to around $50 million. Audiences and critics applauded Joaquin Phoenix and Lady Gaga's performances in "Folie a Deux," but they felt the story had too many ideas and not enough plot. At present, "Folie a Deux" carries a 33% score on review aggregator site Rotten Tomatoes from 258 critical reviews and 31% audience score from more than 2,500 moviegoer reviews. NBCUniversal owns Rotten Tomatoes.
Persons: Paul Dergarabedian, Todd Phillips, Joaquin Phoenix, Gaga's, Adam Nayman, NBCUniversal Organizations: Comscore, Comcast, CNBC, Rotten Locations: NBCUniversal
Meta's Orion AR glasses prototype: CNBC reviews
  + stars: | 2024-10-01 | by ( Julia Boorstin | ) 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 EmailMeta's Orion AR glasses prototype: CNBC reviewsCNBC's senior media and tech correspondent Julia Boorstin tested Meta's Orion AR glasses prototype and was impressed by its lightweight design. Watch the video to hear her full thoughts.
Persons: Julia Boorstin Organizations: CNBC
Meta CEO Mark Zuckerberg presents Orion AR Glasses, as he makes a keynote speech during the Meta Connect annual event, at the company's headquarters in Menlo Park, California, U.S. September 25, 2024. The most impressive aspect of Meta's Orion augmented-reality glasses has more to do with size and comfort than flashy computer graphics. Meta CEO Mark Zuckerberg revealed the Orion glasses on Wednesday and pitched them as "a glimpse of a future that I think is going to be pretty exciting." While Orion is not capable of putting users in fully virtual worlds, the glasses can overlay digital graphics onto the real world. And unlike VR headsets that can be cumbersome to wear for extended periods, Boorstin said she found the Orion glasses to be a good fit.
Persons: Mark Zuckerberg, Orion, Julia Boorstin, Boorstin, they're Organizations: Meta, CNBC, Orion, Connect, Apple Vision Locations: Menlo Park , California, U.S
Davis, who will be sentenced in December, faces a maximum of six years in prison, according to the plea agreement. The student, who has only been identified as Z.F., was seated near the back of the bus when Davis boarded and sat down nearby, according to the plea agreement. The incident left many Asian American students at the university shaken, with several previously telling NBC News that they did not feel sufficiently supported. Some pointed out that the anti-Asian hate was particularly concerning given the area’s history of race-related violence against Asian students. Former IU student Benjamin Smith, a vocal white supremacist, murdered 26-year-old doctoral student Won-Joon Yoon in 1999 outside the Korean United Methodist Church.
Persons: Billie Davis, Davis, Leslie D, Samuel Ansell, “ Ms, , Marah Yankey, Benjamin Smith, Joon Yoon, Smith Organizations: Indiana University Bloomington, NBC News, Bloomington Police Department, Indiana University, Korean United Methodist Church Locations: American
Dreamers are voicing their disappointment with Nicky Jam after the reggaeton singer endorsed former President Donald Trump last week. "Fast forward to now where it seems Nicky Jam used me to promote his music + sellout our community. At the rally, Trump said: “Latin music superstar Nicky Jam, do you know Nicky? "Nearly half of DACA recipients are now married, and 50% of them have a child," Sollod said. "DACA is not just about the DACA recipients; it's about the ripple effect that would be caused if the program were to end."
Persons: Nicky Jam, Donald Trump, didn’t, Adrian Escárate, Trump, Escárate, Juan Escalante, “ Nicky Jam’s, Jam, Nicky, It's, , Maná, Astrid Silva, Jam's Trump, Silva, DACA, Bruna Sollod, Sollod Organizations: Spotify, DACA, National Immigration Law, Trump, Let's, Republican, United, NBC Locations: Las Vegas, Puerto Rican, Mexican, Spanish, Nevada, Texas, U.S
Luis Di Como, Unilever's global media head, will leave the company after 33 years. Di Como is the company's executive vice president of global media and global head of media for Unilever's beauty and well-being division. He oversees the company's global media budget. In 2023, the company spent about 8.5 billion euros, or about $9.4 billion, on marketing, which included investments in media, ad production, and promotion. According to the latest figures from the Ad Age Datacenter, it was the ninth-biggest global ad spender in 2022.
Persons: Luis Di Como, Di Como's, Selina Sykes, Isabel Massey, , Como, spender Organizations: Service, Unilever, Business
Thanks to some anthropomorphic emotions and a bad-mouthed, fourth-wall breaking antihero, the domestic summer box office scraped together $3.6 billion in ticket sales. Box office analysts and cinema owners braced themselves a few months ago for the possibility that the summer movie season could be the worst showing in a decade. But it wasn't until mid-June that the box office got a proper surge of moviegoers. Through Labor Day, the film was the highest-grossing summer movie with $650 million in box office receipts. Box office analysts foresee the summer's momentum carrying over into the fall, ultimately bolstering the overall third-quarter box office results.
Persons: Paul Dergarabedian, it's, Guy, George Miller's, Max, Disney's, Dergarabedian, Romulus, Eric Handler, Roth MKM, Shawn Robbins Organizations: Comscore, Labor, Marvel, Disney, Marvel Studios, Warner Bros, Deadpool, Universal, Fathom, Comcast, CNBC Locations: Kingdom, NBCUniversal
Read previewOne of the biggest surprises of the summer movie season is the amazing box office performance by the Sony romantic drama "It Ends With Us." "It Ends With Us" has become a box office hit for three reasons. But it was attention to the behind-the-scenes drama that gave it box office legs. Advertisement"History has taught us controversy often serves to enhance awareness and interest and thus can have a positive effect on the box office," Comscore senior media analyst Paul Dergarabedian told Business Insider. CHARLY TRIBALLEAU/GettyAn early August release can lead to box office glory if you have a title different from the usual blockbusters of the season.
Persons: , Colleen Hoover's, Blake Lively, Lily Bloom, Ryle Kincaid, Justin Baldoni, Atlas Corrigan, Brandon Sklenar, Lively, Colleen Hoover, Denny Directo, Eric Charbonneau, Getty Lively, Hoover, Sklenar, Nicole Rivelli, Ryan Reynolds, Baldoni, Paul Dergarabedian, James Cameron's, Blake Lively's, CHARLY TRIBALLEAU, Getty, Reynolds, wouldn't Organizations: Service, Sony, Business, Café, Sony Pictures Locations: Grapevine , Texas
Now, looking for a return on their content investments, Disney , Warner Bros. Disney said last week that its combined streaming services — Disney+, Hulu and ESPN+ — were profitable for the first time during its fiscal third quarter. Ahead of earnings, Disney announced it's raising streaming prices by $1 to $2 a month for Hulu, Disney+ and ESPN+. Similar to Disney, Paramount Global said last week in its quarterly earnings conference call that its streaming business, centered on flagship service Paramount+, reached profitability. Discovery said during its second-quarter earnings conference call that streaming ad revenue doubled year over year.
Persons: Jaque Silva, Mike Proulx, Disney, Bob Iger, Iger, Discovery's Max, Comcast's Peacock, Gunnar Wiedenfels, Forrester's Proulx, Proulx, Discovery's Wiedenfels, Discovery, Tim Nollen, Ted Sarandos, Sarandos Organizations: Netflix, Disney, Warner Bros . Discovery, Forrester, Hulu, ESPN, Warner Bros, Paramount, Paramount Global, Discovery, Max, Hub Entertainment Research, Getty, Media, Macquarie, Westend61 Locations: Paramount's, Peacock
Over the weekend, Disney and Marvel's "Deadpool & Wolverine" became only the second R-rated film to top $1 billion at the global box office. "Deadpool & Wolverine" is the first R-rated Marvel Cinematic Universe flick, as the previous two Deadpool films were produced and distributed by 20th Century Fox. It is also the second Disney film to top $1 billion at the global box office this year. Box office analysts expect "Deadpool & Wolverine" won't be the last for the company this year, either. The Toy Story franchise has generated $3.2 billion at the global box office, the two Frozen films surpassed $2.7 billion worldwide, the two Incredibles films tallied $1.8 billion globally, and "Zootopia" reached $1 billion worldwide during its run in 2016.
Persons: Ryan Reynolds, Paul Dergarabedian, Kang, It's, Disney, Shawn Robbins Organizations: Disney, Warner Bros, Century Fox, Marvel, Star, & $ Locations: Comscore
After years of starts and stops at the box office, Disney appears to have hit a groove in 2024. Its latest Pixar film, “Inside Out 2,” is now the highest-grossing animated film of all time, topping $1.5 billion at the global box office. And the box office hits aren’t expected to stop there. Disney has long been a box office champion, driving significant ticket sales domestically and globally. In the year before the pandemic, Disney had seven theatrical releases top $1 billion at the box office.
Persons: Disney, ” —, , Paul Dergarabedian, bemoaned, Shawn Robbins, We’re, Bob Iger, Covid lockdowns, Iger, Disney’s, Riley, ” Iger, Wednesday’s, , , America, we’re, Romulus ” “, King, Moana, Robbins, Organizations: Pixar, Disney, Comscore, Star, Marvel, Century Fox, Sony, Star Wars, Lucasfilm Locations: , Comscore, Anaheim , California
"Deadpool & Wolverine" shattered box office records this weekend, tallying $205 million in domestic ticket sales during its opening, the highest debut of 2024 and of an R-rated film ever. The film outpaced analysts' expectations, which called for an opening haul between $160 million and $180 million. The previous two Deadpool films, both rated R, were produced and released through 20th Century Fox. Similar to previous entries in the MCU, "Deadpool & Wolverine" benefitted from fan fervor. The strong opening of "Deadpool & Wolverine" comes after a post-pandemic box office slump for the Marvel Cinematic Universe.
Persons: Marvel, resiliency, Paul Dergarabedian, Audiences, Shawn Robbins, Sam Wilson, Thanos, Doctor Doom, Iron Man, Robert Downey Jr, Robbins Organizations: Comscore, Disney, Motion, Association, Century Fox, Marvel, San Diego Comic Con, Iron
New York CNN —“Deadpool & Wolverine” barreled through the $200 million benchmark, cementing the blockbuster as the record holder for the highest grossing opening weekend for an R-rated movie. “Deadpool & Wolverine” is now also among the top opening weekends ever, ranking at No. Could “Deadpool & Wolverine” reinvigorate the franchise? But less than three weeks after its release, the year-over-year domestic box office revenue deficit shrunk from 27% to 19%. Now, the deficit stands at 16.9% and it could keep shrinking depending on how “Deadpool & Wolverine” finishes its run in theaters.
Persons: New York CNN —, Deadpool, , , “ Deadpool, MCU, ” Shawn Robbins, , , ” Robbins, Michael O’Leary, , ” Paul Dergarabedian, Mario, “ Barbie ”, “ Oppenheimer ” — Organizations: New, New York CNN, Marvel, Disney, CNN, showtime, National Association of Theatre Owners, , Mario Bros Locations: New York, United States,
“This would rank among the top 10 openings of all-time and marks the sixth-highest Friday ever reported at the box office,” said Paul Dergarabedian, senior media analyst at Comscore. An over-performing box office makes a comebackAlthough the summer box office was off to a sputtering start after a tepid spring, there have been several blockbusters invigorating the industry. But less than three weeks after its release, the year-over-year domestic box office revenue deficit shrunk from 27% to 19%. Now, the deficit stands at 16.9% and it could keep shrinking depending on how “Deadpool & Wolverine” performs. Although analysts are predicting a more lukewarm total for 2024, the successful summer movie slate is positioning the industry to further close the gap.
Persons: Deadpool, , Daniel Loria, Paul Dergarabedian, Ryan Reynolds, Hugh Jackman, Shawn Levy, ” Dergarabedian, , , Dergarabedian, , Mario, “ Barbie ”, “ Oppenheimer ” —, Organizations: New, New York CNN, Box, Comscore, showtime, Rotten, Marvel Cinematic, , Disney, Mario Bros Locations: New York, United States,
Thursday night preview numbers are folded into Friday's box office haul and calculated as part of a film's three-day opening weekend. The latest entrant in the Marvel Cinematic Universe is one of the most anticipated releases of 2024 and the first R-rated film in the comic book franchise. Disney and Marvel's "Deadpool & Wolverine" has secured $38.5 million in Thursday previews and is on pace for a domestic debut north of $150 million, which would be a record for an R-rated film. "Deadpool & Wolverine" is expected to tally between $160 million and $180 million at the domestic box office during its debut. This haul would mark the highest opening weekend for a film in 2024 and the biggest debut of an R-rated film ever.
Persons: Paul Dergarabedian, Shawn Robbins, Marvel, Kang, Jonathan Majors — Organizations: Blockbuster, Marvel, Disney, Motion, Association, Century Fox, CNBC, Marvel Studios, San Diego Comic Con Locations: San
That’s after movie sequel “Inside Out 2” became the highest-grossing animated film of all time, raking in $1.46 billion at the global box office and dethroning former record holder “Frozen 2” from 2019, according to Disney on Wednesday. “Inside Out 2” hit theaters last month and passed the $1 billion mark just 19 days after its release — the fastest ever for an animated film. It’s currently on week six of its theatrical run and has already bagged a spot as the 13th highest-grossing film of all time. The excitement surrounding the “Inside Out 2“ release comes after the film industry was met with a slow start to the summer movie season. Discovery) and “Oppenheimer” combined added nearly a billion dollars to the domestic box office, according to Comscore data.
Persons: , , It’s, Daniel Loria, “ It’s, ” Loria, Paul Dergarabedian, “ Barbie ”, “ Oppenheimer ”, CNN’s Eva Rothenberg Organizations: New, New York CNN, Pixar, Disney, Hollywood, Box, showtime, Comscore, Warner Bros Locations: New York, Europe, Asia, East, United States, Americas, Brazil, Mexico, Colombia, Chile, Japan
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