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Legacy media companies like Disney , Warner Bros. Netflix was the first streamer to report a loss in subscribers in 2022, sending its stock and other media companies spiraling. Media companies also have begun slashing content spending budgets. Yet streaming remains the focus for all of these companies as consumers rapidly cut the cord and opt for streaming. Legacy media companies scrambled to follow suit, unsure if the model actually worked.
Persons: Mario Tama, it's, Steven Schiffman, NBCUniversal, Bob Iger, Ken Solomon, Solomon, Marc DeBevoise, John Hodulik, hasn't, , Hulu —, Peacock, Max —, HBO Max, — Ryan Murphy, Shonda, Kenya Barris, David Benioff, Weiss —, Jonathan Miller, Shonda Rhimes, Presley Ann, Patrick McMullan, Bart Simpson, esports, DeBevoise, Peter Csathy Organizations: Netflix, Getty, North, Georgetown University, Legacy, Disney, Warner Bros, Discovery, Paramount, Media, Marvel, Tennis Channel, Sinclair, Companies, UBS, CBS, HBO, Max, Hulu, Integrated Media, Trek, Universal Studios Television, Getty Images Disney, Wars, Fox, Hollywood's, Creative Media, Charter Communications, ESPN, & $, + + Locations: Los Angeles, North American, J.J, Abrams, Kenya, Beverly Hills , CA, Georgetown
But, the announcements, which included a new iPhone 15 and an Apple Watch refresh, further strengthened the company's best-in-class ecosystem. New iPhone features Apple unveiled the iPhone 15 and iPhone 15 Plus, complete with USB-C charging instead of the propriety lightning port, starting at $799 and $899, respectively. The iPhone 15 Pro starting at $999 was unchanged from the previous model as well. The iPhone 15 Pro can capture special videos, providing for enhanced viewing on the upcoming Vision Pro mixed reality headset. The new Apple Watch models have more a powerful silicon chip as well, which allows for smoother graphics and more processing power.
Persons: Jim Cramer, Jim, Max —, Apple, Max, Tim Cook, Jim Cramer's, Apple Tim Cook, Kevin Dietsch Organizations: Apple, Vision, Apple Watch, CNBC, Allen & Company Sun Valley, Getty Locations: Cupertino , California, China, Tuesday's, Sun Valley , Idaho
The first time the director Steven Soderbergh and the screenwriter Ed Solomon worked together was on the murder mystery “Mosaic” (2017), which could be watched as a choose-your-own-adventure-style story using a smartphone app or as a six-episode HBO mini-series. “Mosaic” drew mixed reviews, but the two men learned a lot doing it. The idea was greenlighted in 2021, and Solomon started writing two versions that would tell the same story differently. “When I got the schedule and I saw the number of days and the page count of just the linear, I was like, ‘This is physically impossible,’” Soderbergh said in a recent joint interview with Solomon. He added: “I had visions of ‘The Sorcerer’s Apprentice’ — that this was going to become a legendary folly.”
Persons: Steven Soderbergh, Ed Solomon, , Max —, Solomon, ’ ” Soderbergh,
Discovery driving content at HBO and new streamer Max. WBD has one of TV's most respected executives working to ensure Max's success: Casey Bloys, who's been with HBO since 2004, is chairman and CEO of HBO and Max content. In week one 70% of HBO Max subscribers switched over to the new app, and some Discovery+ subscribers have moved over as well, WBD told The Wall Street Journal. It'll take time for Max to build up the brand equity HBO Max has. As for existing subscribers, most HBO Max users may seamlessly transition to Max and see no change in price.
Persons: Casey Bloys, Max, Barry, WBD, who's, HBO Max —, there's Kathleen Finch, JB Perrette, Harry Potter, HBO Max, Bloys Organizations: Warner Bros, HBO, Max, DC, Netflix, Disney, Hollywood, HBO Max, Wall Street
Goldman Sachs released its list of high conviction stocks — with a new twist. What makes this list unique from the typical top picks list is that members of Goldman's Investment Review Committee were the ones choosing the names, adding a second layer of analysis. Take a look at some of the names that made the list, and where Goldman sees them going forward. Goldman expects shares to have 42% upside over the next 12 months. The tech giant's scale, platform breadth, category diversification and end-market exposure will further fuel its upside opportunity in the years ahead, according to Sheridan.
Persons: Goldman Sachs, Steven Kron, Goldman, Kate McShane, Chris Shibutani, Eric Sheridan, Brett Feldman, Max —, — CNBC's Michael Bloom Organizations: Goldman's Investment, Pharmaceutical, Merck, Goldman, Amazon, Services, Warner Bros, HBO Max Locations: Sheridan, WarnerMedia
Discovery driving content at HBO and new streamer Max. WBD has one of TV's most respected executives working to ensure Max's success: Casey Bloys, who's been with HBO since 2004, is chairman and CEO of HBO and Max content. It'll take time for Max to build up the brand equity HBO Max has. As for existing subscribers, most HBO Max users may seamlessly transition to Max and see no change in price. But Discovery+ users will have to fork over twice the $5 per month that they were previously paying to get the cheapest version of Max, which is $9.99 per month.
Persons: Casey Bloys, Max, Barry, WBD, who's, HBO Max —, there's Kathleen Finch, JB Perrette, Harry Potter, Bloys, HBO Max Organizations: Warner Bros, HBO, Max, DC, Netflix, Disney, Hollywood
"HBO had its limits," Patrizio Spagnoletto, Warner Bros. WBD research showed that to attract new subscribers, the HBO brand was too nichePatrizio "Pato" Spagnoletto is Warner Bros. DiscoveryIn dropping "HBO" from the name, WBD is acknowledging HBO Max has a potent but narrow appeal that could turn off a broader audience. The Max logo has the same vibe as the HBO Max logo, however, and incorporates a few elements of HBO's logo. "Right now, we have very limited capabilities" in that regard, he said of the current HBO Max app.
It’s time to unpack the dahlias, and Frances Palmer finds herself surrounded by 25 sizable cardboard cartons full of tubers that she dug up and then stored last fall in the frost-proof cellar of her barn. To complete the coals-to-Newcastle scene: Several boxes of new tubers she ordered have just arrived, too. Who could have resisted ordering them, even when already in possession of a massive overwintered inventory? Not Ms. Palmer, a ceramist based in Weston, Conn., whose art and garden have intertwined and grown together over three decades. Dahlias to the max — apparently there can be no such thing as too many dahlias.
Discovery decided to remove HBO from the name of its flagship Max streaming service to protect the HBO brand from becoming ... Netflix. "HBO is HBO. In a not-so-subtle shot at Netflix, HBO CEO Casey Bloys touted Max by highlighting its brand strength. Under the ownership of AT&T, then-WarnerMedia CEO (and now AT&T CEO) John Stankey appeared comfortable leaning on the HBO brand to challenge Netflix. This was the driving force behind making HBO Max — combining HBO's programming with other original content and library programming from the WarnerMedia catalog.
Spagnoletto, who goes by Pato, was referring to the market research WBD conducted before settling on the name Max — dropping the HBO from its existing service, HBO Max — for the company's long-awaited mega-streamer that will combine content from HBO Max and Discovery+. WBD research showed that to attract new subscribers, the HBO brand was too nichePatrizio "Pato" Spagnoletto Warner Bros. DiscoveryIn dropping "HBO" from the name, WBD is acknowledging HBO Max has a potent but narrow appeal that could turn off a broader audience. The Max logo has the same vibe as the HBO Max logo, however, and incorporates a few elements of HBO's logo. "Right now, we have very limited capabilities" in that regard, he said of the current HBO Max app.
Warner Bros. Discovery unveiled its new streaming service Wednesday, featuring a combination of programming from HBO Max and Discovery+. Discovery logo is displayed on a smartphone screen and in the background, the HBO Max and Discovery Plus logos. Those who want HBO already know where to find it, and HBO Max will simply morph into Max on most platforms. Warner Bros.
In effect, WBD announced that it is recreating the bundle, erecting the pillars of a one-stop shop for scripted and unscripted television, movies, news and sports at a flat monthly rate. Insider Intelligence analyst Paul Verna noted to me that the WBD competitor has “resisted the temptation” to combine Disney+, Hulu, and ESPN+. Instead, Verna observed that Disney is “leaning into each brand’s core strength,” though Disney does offer the ability to purchase the individual services in a bundle. But it goes without saying that Max — the product of the merger between WarnerMedia and Discovery — represents the future for WBD, which has been entrenched in the declining traditional TV business. The Max service launches May 23.
HBO's Casey Bloys revealed his content strategy on "The Watch" podcast and in a talk with Parrot Analytics. Bloys also shared what's ahead for HBO Max once it combines with Warner Bros. Despite economic pressures on streaming, he's not worried that HBO content will suffer. "Euphoria" is second only to "Game of Thrones" in most-viewed HBO shows, but Bloys was hesitant at first to develop its hit 2022 prequel "House of the Dragon," he told "The Watch." And he pointed to more Batman spinoffs like "The Penguin" that's coming to HBO Max and will star Colin Farrell.
HBO's Casey Bloys revealed his content strategy on "The Watch" podcast and in a talk with Parrot Analytics. Bloys also shared what's ahead for HBO Max once it combines with Warner Bros. Despite economic pressures on streaming, he's not worried that HBO content will suffer. And even after Bloys took on oversight of HBO Max Originals in 2020, "The idea is to do things that are not necessarily for HBO," he told "The Watch." And he pointed to more Batman spinoffs like "The Penguin" that's coming to HBO Max and will star Colin Farrell.
Get ready for what will feel like an inescapable wave of corporate fraud. And as interest rates have risen, the stock market has fallen off — which makes it harder to get dollars by whipping up new investors or offering stock. ​​Despite Scheck's assertion that the risk of a wave of corporate fraud has heightened, he didn't want to speak in historical analogies. There be icebergsOf course, there's also fraud that goes undetected in times of easy money — companies where the very act of existing means stretching the truth. Kreuger had managed to hide that he had stretched the company's finances beyond solvency by raising money on the US stock market while it was raging.
Get ready for what will feel like an inescapable wave of corporate fraud. And as interest rates have risen, the stock market has fallen off — which makes it harder to get dollars by whipping up new investors or offering stock. ​​Despite Scheck's assertion that the risk of a wave of corporate fraud has heightened, he didn't want to speak in historical analogies. Kreuger had managed to hide that he had stretched the company's finances beyond solvency by raising money on the US stock market while it was raging. That may have been enough when the stock market was on a heater and investors were winning, but it's not enough when the stock market is falling, the economy is slowing, and everyone from regulators to lawmakers to kids on TikTok want answers.
Set the R1S to Rock Crawl or All Terrain mode and jack up its ground clearance to the max — 15 inches — and the R1S makes light work of treacherous boulders, water crossings, and impossibly steep grades. The Rivian R1S. Tim Levin/InsiderRead our review of the Rivian R1T here.
"I'm super, super nervous, because HBO has always been my favorite place to do business," said one TV agent. But concerns about new corporate leadership, layoffs, budget cuts, and the future of HBO Max — the streaming home of HBO — kept bubbling to the top. "I'm super, super nervous, because HBO has always been my favorite place to do business," one TV agent said. Aside from the 70 or so layoffs at HBO and HBO Max over the summer amid broader restructuring at WBD, creatives were troubled by the company's decision to pull existing TV shows and films from HBO Max. Read all of Insider's 2022 report here: 14 TV insiders rank the streamers where they want to sell shows: HBO is No.
"It's definitely been not the most exciting and robust year," said one TV agent at a major agency. Around 70 people at HBO and HBO Max have been let go this year, and their comedy development teams have merged. While WBD doesn't break out streamer-specific figures, it said on Thursday's earnings call that HBO Max, HBO, and Discovery+ have a combined 94.9 million subscribers, ensuring that any show on HBO Max has the chance to get a lot of eyeballs. They'll also take smaller swings in the genre department, do things at a lower budget," said the second TV agent. Echoed the first TV agent: "You pitch and sell to them if no one else wants it."
Streaming is getting more expensive, but there are still some good deals to be had this Black Friday. From Amazon to HBO, there are a number of offers available if you want to catch up on "House of the Dragon" or finally watch "The Handmaid's Tale." The offer is available to new subscribers, as well as past subscribers who haven't been members for at least the past month. Prime Video — $1.99 for select channelsSopa Images | Lightrocket | Getty ImagesSubscribers to Amazon Prime already receive Prime Video included with their membership. Disney Plus — Get a full year for $79Thiago Prudencio | SOPA Images | LightRocket | Getty Images
"I'm super, super nervous, because HBO has always been my favorite place to do business," said one TV agent. But concerns about new corporate leadership, layoffs, budget cuts, and the future of HBO Max — the streaming home of HBO — kept bubbling to the top. "I'm super, super nervous, because HBO has always been my favorite place to do business," one TV agent said. Even original series created just for the streamer, such as "Little Ellen," "Summer Camp Island," and "My Dinner with Hervé," were pulled. Read all of Insider's 2022 report here: 14 TV insiders rank the streamers where they want to sell shows: HBO is No.
"It's definitely been not the most exciting and robust year," said one TV agent at a major agency. Around 70 people at HBO and HBO Max have been let go this year, and their comedy development teams have merged. While WBD doesn't break out streamer-specific figures, it said on Thursday's earnings call that HBO Max, HBO, and Discovery+ have a combined 94.9 million subscribers, ensuring that any show on HBO Max has the chance to get a lot of eyeballs. They'll also take smaller swings in the genre department, do things at a lower budget," said the second TV agent. Echoed the first TV agent: "You pitch and sell to them if no one else wants it."
“Maverick” flew into theaters with lots of buzz and strong reviews, and that helped the movie blow past box office projections for its opening weekend. It brought in a Memorial Day weekend record of $160 million at the North American box office. “Maverick” is an old-school box office hit made for the biggest screen possible that emerged just as the industry’s future was very much in doubt. “The commercial reception of Tom Cruise’s legacy sequel was the summer movie miracle theaters needed,” Scott Mendelson, a box office reporter, wrote for Forbes. Climbing back up the mountain"We really felt, and Tom certainly agreed with the fact that we had a great big screen movie," Bakish said.
You can get a free three-month subscription to Apple TV+ with the purchase of a new Apple device. You can add Apple to that list, with the launch of their own original video streaming app, Apple TV+. If you buy a new iPhone, iPad, iPod Touch, Apple TV, or Mac computer, you automatically get three months of the service for free. Quick tip: The Apple TV+ subscription can be shared among up to six family members at no additional cost. Quick tip: For more information, check out our guide on the best shows to watch on Apple TV Plus, from Ted Lasso to Severance.
But when the pandemic hit I put off my trip, and my travel fund sat in a high-yield savings account. It was earning the highest interest rate of any savings account I could find at the time — a whopping 1.05%. Why not put my Italy fund in a brokerage account and get the double-digit returns I can in the stock market instead of 1% in a 'high-yield' savings account? I knew better than to put my vacation money — money I knew I'd be spending in the next two or three years, max — into growth stocks that are designed to be held for at least five years. Despite the small returns, I'll definitely be using a high-yield savings account for all future Italy savings.
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