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☆ Nintendo profit plunges 69% as it cuts forecast for sales of ageing Switch console
▼ + stars: | 2024-11-05 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

Nintendo on Tuesday cut forecast for Switch sales for its fiscal year ending March 2025 as demand wanes for its ageing console. The operating profit outlook for the period was slashed from 400 billion yen to 360 billion yen. Here's how Nintendo did in its fiscal second quarter ended Sept. 30 versus LSEG estimates:Revenue : 276.7 billion Japanese yen ($1.8 billion), compared with 273.34 billion yen expected. : 276.7 billion Japanese yen ($1.8 billion), compared with 273.34 billion yen expected. Net profit: 27.7 billion yen, versus 48.06 billion yen expected.

Persons: Mario Organizations: NINTENDO, Universal Studios Hollywood, Nintendo, Revenue Locations: Universal City , California

☆ I went to my favorite Halloween theme park events sober. They were even scarier — and more fun.
▼ + stars: | 2024-10-20 | by ( Terri Peters | ) www.businessinsider.com time to read: +7 min

I also attended many scary Halloween events in Central Florida this spooky season completely sober. Yes, the events felt scarier sober, but that was so much more funThe author says she found the Halloween events scarier while sober. My favorite Halloween event ended was the most sober-friendlyHalloween Horror Nights was the author's favorite event. Attending events without alcohol felt freeingThe author enjoyed attending Halloween events sober. Courtesy of Terri PetersWas I scared to attend Halloween events without an alcoholic drink in hand?

Persons: I've, —, It's, Terri Peters, I'd, Coke, Terri Peters Universal Orlando Organizations: Service, Universal Orlando, SeaWorld, Universal, Walt Disney World, SeaWorld Orlando, Busch Gardens Tampa, Terri Peters Universal Locations: Central Florida, Florida, Busch Gardens Tampa Bay

☆ I'm waiting out Hurricane Milton in a Universal Studios hotel with my daughters. We're not scared.
▼ + stars: | 2024-10-09 | by ( Jane Ridley | ) www.businessinsider.com time to read: +5 min

Allison Gilgenbach checked into a Florida hotel at Universal Studios ahead of Hurricane Milton. After we entered our hotel room at Universal Orlando Resort in Florida, my daughters, Reagan, 11, and Ryann, 8, and I looked for the nearest exits and flights of stairs. The last time Reagan checked the weather app, Hurricane Milton was predicted to hit central Florida around 5 a.m. Thursday. AdvertisementGilgenbach and her daughters pictured before Universal Studios was closed due to the threat of Hurricane Milton. AdvertisementAre you in the path of Hurricane Milton and would like to share your story with Business Insider?

Persons: Allison Gilgenbach, —, Reagan, Hurricane Milton, it's, Gilgenbach, We'd, Harry Potter, we've, We've, They've, they've, Milton Organizations: Universal Studios, Service, Universal Orlando, Hurricane, Universal, Business Locations: Florida, Hurricane Milton, Cleveland, Tampa, Ohio

Amazon has removed from its site a memoir that alleges that hip-hop mogul Sean Combs physically abused his longtime girlfriend Kim Porter, whose untimely death in 2018 at age 47 has been the source of conspiracies. “We were made aware of a dispute regarding this title and have notified the publisher,” an Amazon spokesperson said in a statement. “The book is not currently available for sale in our store.”The book was removed from the online store Tuesday. Kim Porter and Sean 'Diddy' Combs in Universal City, Calif., in 2003. Kim Porter and Sean 'Diddy' Combs, in Apple Valley, Calif., in 1996.

Persons: Sean Combs, Kim Porter, “ Jamal T, Todd Christopher Guzze, Chris Todd, “, ”, Todd, Rolling Stone, Barnes & Nobles, — Quincy, Jessie, D’Lila —, Combs, Christian, D’Lila, Quincy, Al B, Albert Joseph Brown III, Andy Jassy, Jeff Bezos, Brown, Porter, ” Porter, Sean, Diddy, Jeff Kravitz, FilmMagic, ” Brown, Casandra Ventura, Cassie Organizations: Millwood, Amazon, Barnes &, Angeles, Medical Locations: Christian, Porter, Universal City, Calif, Apple Valley

☆ Supreme Court rules against Warner Music in copyright damages case
▼ + stars: | 2024-05-09 | by ( ) www.cnbc.com time to read: +1 min

The 6-3 ruling, authored by liberal Justice Elena Kagan, affirmed a lower court's decision that favored producer Sherman Nealy, who sued a Warner subsidiary and others in Florida federal court in 2018. Nealy has said that his label Music Specialist owns rights to the electronic dance song "Jam the Box" by Tony Butler, also known as Pretty Tony. Warner artist Flo Rida, whose given name is Tramar Dillard, incorporated elements of "Jam the Box" into his 2008 song "In the Ayer." The producer requested damages for alleged copyright infringement dating back to 2008. Circuit Court of Appeals reversed that decision and said there was "no bar to damages in a timely action."

Persons: Flo Rida, John Shearer, Elena Kagan, Sherman Nealy, Nealy, Tony Butler, Tony, Warner, Dillard, Warner Chappell, Butler Organizations: U.S, Supreme, Warner Music, Warner, Circuit, Appeals Locations: Universal City, Calif, Miami, Florida, Ayer, Atlanta

☆ Nintendo expects to sell 13.5 million Switch consoles this year as it beats profit estimates
▼ + stars: | 2024-05-07 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

Nintendo on Tuesday reported quarterly profit that beat market estimates and said it sold more units of its flagship Switch console than it had forecast. Here's how Nintendo did in its fiscal fourth quarter versus LSEG estimates:Revenue: 277.1 billion Japanese yen ($1.8 billion) versus 280.6 billion yen expected. Net profit: 82.6 billion yen versus 57.2 billion yen expected. Earlier this year, Nintendo hiked its forecast for sales of its flagship Switch console to 15.5 million units in its fiscal year ended March. The company said it expects to sell 13.5 million Switch consoles in the fiscal year ended March 2025.

Persons: Mario Organizations: NINTENDO, Universal Studios Hollywood, Nintendo, Investors, Analysts, CNBC, Mario Bros Locations: Universal City , California

More than any film I’ve made, “Tenet” was designed to have this very theatrical, IMAX, larger than life identity. VILLENEUVE: It was not planned that I would get an IMAX film release. Or, I didn’t leave film, film left me and my heart was broken. NOLAN: I just like hearing the guy who made “Dune Two” be like “it’s all about money.” I’ve seen that film. On every film I’ve ever done, including “Oppenheimer,” I first showed it to the studio on cut and copy, taped together, splices and everything.

Persons: — Christopher Nolan, “ Oppenheimer, “ Tenet ”, “, ” Nolan, ’, Pam Abdy, Michael De Luca, “ Tenet, Nolan, Denis Villeneuve, ”, NOLAN, I’ve, Chris, … NOLAN, VILLENEUVE, I’m, Chris Nolan, ” Emma, Thomas, …, it’s, We’ve, “ Oppenheimer ”, ” I’ve, That’s, Emma, hadn’t, You’re, Steven Spielberg Organizations: UNIVERSAL CITY, Calif, Associated Press, Warner Bros, Universal, AP, Kodak, VILLENEUVE, Warners, Avid Locations: New York, Los Angeles, London, Melbourne, Nashville , Tennessee, Tempe , Arizona, VILLENEUVE

☆ Only 12 theaters in the world are showing Christopher Nolan's re-release of 'Tenet' in Imax 70mm — here they all are
▼ + stars: | 2024-01-25 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +2 min

It will be shown in standard and Imax formats, as well as in 70mm Imax. Only a select few theaters in the world can show a movie in 70mm Imax. Here are all the theaters showing the re-release. Only a select number of theaters in the world can show movies in Imax 70mm. Here are the 12 theaters where you can see the re-release of "Tenet" in Imax 70mm.

Persons: Christopher Nolan's, Tenet, —, Christopher, Nolan, Oppenheimer, Francisco Regal, Prussia, of Prussia Organizations: Service, Warner Bros, Arizona Harkins, Tempe California AMC, Francisco Regal Irvine, Universal, AMC, Universal City Indiana Imax Theatre, Indiana State Museum, York AMC Lincoln, UA, of Prussia Tennessee Regal Opry Mills, Melbourne Museum — Melbourne, Cineplex Cinemas Vaughan, British Film Institute Locations: Arizona, Arizona Harkins Arizona, Tempe California, Francisco, Irvine, Indianapolis, York City, Woodbridge, Ontario

Time isn’t inverting: Christopher Nolan’s “Tenet” is coming back to movie theaters for a week in IMAX 70mm and on other large-format screens. The limited re-release of Nolan’s mind-bender starring John David Washington will begin on Feb. 23, Warner Bros. The showings will also feature new footage from Denis Villeneuve’s “Dune: Part Two,” which opens a week later on March 1. “On ‘Dune,’ we shot several sequences for IMAX, and I simply loved it, so for ‘Dune: Part Two,’ we pushed it to 100 percent of the movie,” Villeneuve said in a statement. “I am just as eager to see ‘Tenet’ again, but now in 70mm IMAX, the way they filmed it, to fully appreciate his vision for this incredible film,” Villeneuve added.

Persons: Christopher Nolan’s “ Tenet ”, bender, John David Washington, Denis Villeneuve’s “, ‘ Oppenheimer, ’ I’m, Warner, ‘ Tenet, ” Nolan, “ I’m, Denis ’, ’, “ Tenet ”, Villeneuve, Nolan, “ Oppenheimer, ”, ” Villeneuve, “ Tenet, “, ‘ Tenet ’ Organizations: Warner Bros, Discovery, Universal, AMC Locations: New York, Los Angeles, San Francisco

Klein, who didn't testify at his trial, declined to address the court before U.S. District Judge Trevor McFadden sentenced him to five years and 10 months in prison. Prosecutors said Klein’s participation in the riot was likely motivated by a desire to keep his job as a presidential appointee. Prosecutors had recommended a 10-year prison sentence for Klein, an Alexandria, Virginia, resident who was 42 years old at the time of the riot. Klein and Cappuccio separately attended Trump's “Stop the Steal” rally on Jan. 6 before marching to the Capitol. Approximately 700 of them have been sentenced, with roughly two-thirds receiving terms of imprisonment ranging from three days to 22 years.

Persons: Donald Trump's, Federico Klein, Klein, Klein “, ”, Joe Biden’s, Trevor McFadden, McFadden, Prosecutors, Stanley Woodward, Trump, ” Woodward, Steven Cappuccio, Cappuccio, ” Klein, ” McFadden, Daniel Hodges Organizations: WASHINGTON, Marine Corps, Department, U.S . Capitol, Trump, Capitol, U.S, Southern Cone Affairs, Defense, Prosecutors, Cappuccio, Metropolitan Police, State Department Locations: West Terrace, Alexandria, Virginia, Universal City , Texas, Iraq, Nevada

☆ Comcast revenue and profit top estimates as Universal theme park sales soar
▼ + stars: | 2023-10-26 | by ( Alex Sherman | ) www.cnbc.com time to read: +2 min

Comcast topped both revenue and profit estimates in the third quarter, but the largest U.S. internet provider lost high-speed broadband customers and NBCUniversal advertising revenue slumped. NBCUniversal's flagship streaming service Peacock added 4 million subscribers and revenue increased 64% to $830 million, stemming the subscription service's quarterly loss to $565 million. Revenue rose 0.9% compared to the prior year period. U.S. broadband revenue rose 3.8% to $6.4 billion even as subscribers fell due to higher rates. Wireless revenue rose 16% to $917 million in the quarter on a net addition of 294,000 customers.

Persons: Peacock, Read Organizations: NINTENDO, Universal Studios Hollywood, Comcast, LSEG, Sky, Sky . Revenue, Super Nintendo, U.S Locations: Universal City , California, Sky .

☆ 8 of the world’s best new theme parks
▼ + stars: | 2023-08-18 | by ( Kate Springer | ) edition.cnn.com time to read: +13 min

Peppa Pig Theme Park, FloridaFlorida's Peppa Pig Theme Park opened in 2022. Peppa Pig Theme ParkThe world’s first Peppa Pig Theme Park opened last year in Winter Haven, Florida, and has been delighting children with wholesome fun ever since. Look out for another Peppa Pig Theme Park, opening in Dallas, Texas, next year. Peppa Pig Theme Park. Genting SkyWorlds Theme Park, MalaysiaMalaysia's Genting SkyWorlds Theme Park offers 26 attractions across nine themed areas.

Persons: we’re, Katmandu, Kilgore Goode, Kyle Grillot, Peach’s, Mount Beanpole, Mario, Bowser, Bowser Jr, Tomohiro Ohsumi, Miyazaki’s, There’s, LEGOLAND, gil, Aquaverse, there’s, Chang, Potato’s, Grandad, Wynter, ” Organizations: CNN, Northern, Columbia Pictures, Super Nintendo, California Mario Kart, Universal Studios Hollywood, Bloomberg, Universal Studios Japan, Mushroom Kingdom, Toadstool, Nintendo, Universal City Plaza, Universal, Ghibli, Ghibli Park, South Korea LEGOLAND, LEGOLAND, Thailand Columbia Pictures, Columbia, Lotte, Adventure, South Korea Lotte, Adventure Busan Lotte, Tinker, Potato’s Showtime, Genting, Andromeda Base, Plaza, Genting SkyWorlds Locations: Japan, Thailand, Punta Cana, Dominican Republic, Caribbean, Nepal, Av, Alemania, California, Bowser’s, Mount, Universal City , CA, Nagoya, Nagakute, Aichi, Korea, South Korea, York, Legoland, LEGOLAND Korea, Chuncheon, Seoul, Gangwon, Asia, Pattaya, Bangkok, Transylvania, Chon, Adventure Busan, Tinker Falls, “ Queen, “, Busan, Florida, Winter Haven , Florida, Dallas , Texas, Wynter Haven , Florida, Malaysia, Resorts, Kuala Lumpur, Rio, Liberty Lane, Central Park, Genting, Genting Highlands, Pahang

[1/3] Workers and supporters of the Writers Guild of America protest outside Universal Studios Hollywood in the Universal City area of Los Angeles, California, U.S., May 3, 2023. REUTERS/Mario Anzuoni//File PhotoLOS ANGELES, Aug 9 (Reuters) - The Hollywood writers' strike marks 100 days on Wednesday with contract talks stalled and people on the picket lines protesting what they describe as a disregard for their demands. Writers also sought to regulate the use of artificial intelligence, which they fear could replace their creative input. Reuters reported that Disney has created a task force to study artificial intelligence and how it can be applied across the entertainment conglomerate, signaling its importance. "When it comes to artificial intelligence, it is an existential crisis.

Persons: Mario Anzuoni, David Zaslav, Dawn Prestwich, Prestwich, assailing, Bob Iger, we're, Jamey Perry, Steven J, Ross, Dawn Chmielewski, Danielle Broadway, Mary Milliken, Sandra Maler Organizations: Workers, Writers Guild of America, Universal Studios Hollywood, REUTERS, Hollywood, Entertainment, Warner Bros Discovery, Screen Actors Guild, SAG, WGA, Alliance, Television Producers, Hope, Walt Disney, Reuters, Disney, University of Southern, Thomson Locations: Universal City, Los Angeles , California, U.S, Hollywood, University of Southern California, Los Angeles

LOS ANGELES, July 2 (Reuters) - Thousands of Los Angeles-area hotel workers went on strike on Sunday demanding pay hikes and improved benefits in a region where high housing costs make it difficult for low-wage earners to live close to where they hold jobs, union officials said. Unite Here Local 11, which represents 15,000 workers at more than 60 major hotels in Los Angeles and Orange counties, declared the strike a day after the workers' contract expired. [1/4]People protest in front of Hotel Indigo as unionized hotel workers in Los Angeles and Orange County go on strike, in Los Angeles, California, U.S. July 2, 2023. Los Angeles has been a flashpoint for labor strife on several fronts this year, including the protracted writers strike and a three-day walkout in March by education support staff for the Los Angeles Unified School District. Reporting by Steve Gorman in Los Angeles and Gabriella Borter in New York; Editing by Mary Milliken and Josie KaoOur Standards: The Thomson Reuters Trust Principles.

Persons: Kurt Petersen, Maria Hernandez, David Swanson, Hernandez, Steve Gorman, Gabriella Borter, Mary Milliken, Josie Kao Organizations: Southern, Hollywood, InterContinental, Hotel, Millennium Biltmore, JW Marriott, Fairmont, Sheraton Universal, Universal, REUTERS, Westin Bonaventure Hotel, Coordinated, Westin Bonaventure, Los Angeles City News Service, Los Angeles Unified School District, Thomson Locations: ANGELES, Los Angeles, Orange, Fairmont Miramar, Santa Monica, Universal City, Laguna Cliffs, Dana Point, Indigo, Orange County, Los Angeles , California, U.S, L.A, Beverly Hills, Long Beach, West, New York

☆ Sony's faith-based streaming service merges with Hallmark rival Great American Media
▼ + stars: | 2023-05-11 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +1 min

Sony Pictures Entertainment and its streaming service Pure Flix are making room on the cable TV dial. The company's streaming service, known for faith-based content, is merging with Great American Media, a recent upstart cable rival to the Hallmark Channel. It will also beef up the slate for Great American's TV networks Great American Family and Great American Living. As part of the deal, which has yet to close, content from both Pure Flix and Great American Media will cross each other's platforms. Great American Media and its two cable TV networks were launched in 2021 by Bill Abbott, former CEO of Crown Media, the parent of the Hallmark Channel.

Persons: Maria Conchita Alonso, Bill Abbott Organizations: Los Angeles, Hilton Los Angeles, Universal City, Sony Pictures Entertainment, Great American Media, Hallmark Channel, Sony, Crown Media, Hallmark Locations: Universal City , California, U.S, Canada

BURBANK, California, May 11 (Reuters) - As striking Hollywood writers protest working conditions, some are seeking more than a new labor contract. Single members of the Writers Guild of America gathered outside the Universal Studios lot this week for a combination of picketing and a dating mixer that later moved to a taco eatery. "Writers love to multitask, so this is perfect for us," said 42-year-old "Feed the Devil" writer Matt Altman. Workers and supporters of the Writers Guild of America protest outside Universal Studios Hollywood after union negotiators called a strike for film and television writers, in the Universal City area of Los Angeles, California, U.S., May 3, 2023. "Love, Victor" writer Van B. Nguyen, 37, said she thought it was a fun idea to combine fighting for change with fighting for love.

☆ Wetzel's Pretzels is launching a new store concept aimed at Gen Z and millennials – take a look inside
▼ + stars: | 2023-04-12 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

Wetzel's Pretzels is launching a new store concept that will sell innovative takes on the typical pretzel. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyCalifornia pretzel chain Wetzel's Pretzels is launching a new store concept specifically targeting Gen Z and millennials. With Twisted, Wetzel's Pretzels will be steering clear of shopping malls. Wetzel's Pretzels CMO Kim Freer told Insider that the company would instead target college towns and power centers, which are outdoor shopping centers with multiple big-box tenants. Wetzel's PretzelsFreer said that Wetzel's Pretzels planned to open around 40 new stores between now and the end of 2023, with at least three being Twisted stores.

☆ Look inside Super Nintendo World, which just opened at Universal Studios Hollywood
▼ + stars: | 2023-02-17 | by ( Sarah Whitten | ) www.cnbc.com time to read: +9 min

Mario poses at the "SUPER NINTENDO WORLD" welcome celebration at Universal Studios Hollywood on February 16, 2023 in Universal City, California. Princess Peach's castle in Super Nintendo World at Universal Studios Hollywood. Mario Kart visors from Mario Kart: Bowser's Challenge at Super Nintendo World at Universal Studios Hollywood. Merchandise available at 1-UP Factory inside Super Nintendo World at Universal Studios Hollywood. Toadstool Cafe during a media preview of Super Nintendo World theme park at Universal Studios Hollywood in Universal City, California, US, on Thursday, Feb. 16, 2023.

[1/5] A general view of the grand opening of Super Nintendo World at Universal Studios Hollywood in Universal City, Los Angeles, California, U.S., February 15, 2023. The theme park world is meant to ignite interest from both new and seasoned fans of the Mario games through an immersive experience. It follows in the footsteps of its predecessor in Universal Studios Japan, also owned by the Comcast Corp (CMCSA.O) unit. Super Nintendo World will also be added to Universal Studios Florida in 2025. The opening of the park will be followed by the “Super Mario Bros” movie, which arrives in theaters on April 7 and stars “Guardians of the Galaxy” actor Chris Pratt, who voices Mario.

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