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☆ Nick Clegg led Meta's decision to reinstate Trump to Facebook and Instagram. Here's how the former UK deputy prime minister charmed his way into Mark Zuckerberg's inner circle.
▼ + stars: | 2023-01-26 | by ( Philip Webster | ) www.businessinsider.com time to read: +18 min

Nick Clegg has risen quickly to become one of Mark Zuckerberg's closest confidants at Meta. Clegg, a former UK deputy prime minister, led the decision to reinstate Donald Trump to Facebook. It was updated on February 16, 2022 following the news that Nick Clegg had been promoted to the role of President for Global Affairs. In a challenging economic climate, the Lib Dems and their Conservative coalition partners voted to raise tuition fees. Nick Clegg (left) and Chris Huhne appearing on the BBC's "The Andrew Marr Show" in October 2007.

☆ Box office hits 'Everything Everywhere,' 'Elvis' and 'Avatar' land Oscar nominations
▼ + stars: | 2023-01-24 | by ( Lisa Richwine | ) www.reuters.com time to read: +5 min

"Everything Everywhere," a science-fiction flick about an exasperated Chinese immigrant struggling to finish her taxes, landed 11 nominations, including best picture and four acting nods. Other films in the hunt for the top trophy at the Academy Awards included sequel "Avatar: The Way of Water," James Cameron's visual spectacle that currently ranks as the sixth-highest grossing movie of all time. Last year's Academy Awards ceremony, when Will Smith slapped presenter Chris Rock before winning best actor, drew about 15.4 million TV viewers, the second-smallest audience ever. Apple TV+ (AAPL.O) nabbed best picture last year for heartwarming drama "CODA." This time, Disney received the most nominations, a total of 22, for movies including "Avatar," "Banshees" and animated "Turning Red."

☆ 'Elvis,' 'Everything Everywhere' vie for Oscar nods on Tuesday
▼ + stars: | 2023-01-24 | by ( Lisa Richwine | ) www.reuters.com time to read: +2 min

REUTERS/Mario AnzuoniLOS ANGELES, Jan 24 (Reuters) - Hollywood's film academy will announce this year's Oscar nominees early on Tuesday, a field expected to range from biopic "Elvis" to dark comedy "The Banshees of Inisherin" and multiverse adventure "Everything Everywhere All at Once." The Oscars and other entertainment awards shows have been struggling to attract TV viewers, particularly younger ones who spend time on TikTok and YouTube. Last year's Academy Awards show, when Will Smith slapped presenter Chris Rock before winning best actor, drew about 15.4 million TV viewers, the second-smallest audience ever. The Gold Derby website, which monitors Hollywood's awards races, gives "Everything Everywhere" the best odds at the moment to ultimately win best picture. The movie stars Michelle Yeoh in a dimension-hopping action film about an exhausted woman trying to finish her taxes.

☆ 'Avatar: The Way of Water' is the third James Cameron movie to gross $2 billion
▼ + stars: | 2023-01-22 | by ( Sarah Whitten | ) www.cnbc.com time to read: +2 min

Disney 's "Avatar: The Way of Water" has topped $2 billion at the global box office, making it the third James Cameron film to reach this benchmark. As of Sunday, "The Way of Water" had tallied $598 million from domestic ticket sales and $1.426 billion from foreign markets. "The film has now joined that very exclusive box office club and has made it look almost effortless," said Paul Dergarabedian, senior media analyst at Comscore. As the industry rebounds, films like "The Way of Water" have proven that moviegoers are eager to return for big blockbuster spectacles. Correction: This story was updated to reflect that "The Way of Water" is the third James Cameron movie to gross $2 billion at the global box office.

☆ Marvel movies are set to return to China, but Covid could weigh on ticket sales
▼ + stars: | 2023-01-18 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

Marvel films are returning to China in February, marking the first time in nearly four years that Disney's comic book cinematic universe landed a release in the country. Since 2012′s "The Avengers," China has been the second-highest-grossing box office market for all Marvel movies, just behind the U.S. and Canada. The last Marvel film to open in China was 2019's "Spider-Man: Far From Home." There are also concerns about muted ticket sales from China as the coronavirus once again roils the region since the government lifted its "zero Covid" policy. For comparison, the first "Avatar" collected around $250 million in ticket sales during its run in 2009 and 2010.

☆ 'Avatar' filmmaker James Cameron and billionaire Ray Dalio invested in a submarine company. See inside the submersibles popular with the uber-wealthy.
▼ + stars: | 2023-01-17 | by ( Grace Kay | ) www.businessinsider.com time to read: 1 min

In December,Triton Submersibles announced that Bridgewater's Ray Dalio and Hollywood filmmaker James Cameron had each taken an equity stake in the company. James Cameron (left) and Ray Dalio (right). Its not the first time the two men have worked together. In 2021, National Geographic announced a docuseries called "OceanXplorers" executive produced by Cameron and Dalio. Source: Triton Submersibles, National Geographic

☆ James Cameron celebrated in Hollywood amid 'Avatar' success
▼ + stars: | 2023-01-13 | by ( Rollo Ross | ) www.reuters.com time to read: +1 min

[1/5] Director James Cameron and Producer Jon Landau pose after placing their handprints and footprints during an event at the forecourt of the TCL Chinese Theatre in Los Angeles, California, U.S., January 12, 2023. REUTERS/Mario AnzuoniLOS ANGELES, Jan 12 (Reuters) - As "Avatar: The Way of Water" climbs the box office charts, director James Cameron stuck his hands and feet in cement outside the TCL Chinese Theatre in Hollywood on Thursday to commemorate his contributions to the film business. Longtime collaborator Sigourney Weaver tricked Cameron and producer Jon Landau into going barefoot for the ceremony. "Writing and designing the subsequent two films, it's now going to pay off, so that's a good feeling," he added. Reporting by Rollo Ross; Writing by Lisa Richwine; Editing by Chris ReeseOur Standards: The Thomson Reuters Trust Principles.

☆ 'Top Gun: Maverick' and Disney were the box office leaders in an otherwise soft 2022
▼ + stars: | 2023-01-10 | by ( Sarah Whitten | ) www.cnbc.com time to read: +1 min

"Top Gun: Maverick" was the highest grossing theatrical release in 2022, but its $719 million haul wasn't enough to make its studio, Paramount , ruler of the domestic box office. It also accounted for more than half of Paramount's overall domestic haul for the year. Other releases, including "The Lost City," "Smile," "Scream" and "Sonic the Hedgehog 2," pushed Paramount's 2022 box office to around $1.3 billion, the third-highest haul for studios, Comscore reported. Ultimately, "Maverick" represented around 10% of the total $7.5 billion in domestic ticket receipts collected last year. While the "Top Gun" sequel topped the charts as the highest-grossing film of the year, it is Disney that ultimately wears the 2022 box office crown.

☆ James Cameron is king of the world — again
▼ + stars: | 2023-01-09 | by ( Travis Clark | ) www.businessinsider.com time to read: +2 min

7 highest-grossing movie ever with $1.7 billion globally. Director James Cameron has made three of the top 10 biggest movies of all time. 7 highest-grossing movie of all time over the weekend with $1.7 billion worldwide, passing "Jurassic World" and the 2019 "Lion King" remake. Next up is the sixth biggest movie ever, "Spider-Man: No Way Home," which grossed $1.9 billion. It's the highest-grossing movie of 2022 at the global box office, dethroning "Top Gun: Maverick."

☆ These 12 cheap stocks are off to a great start in 2023, and Wall Street sees one jumping more than 50%
▼ + stars: | 2023-01-09 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

After last year's turmoil, Amazon now trades near a 36% discount to its average forward P/E over the past five years. The theme park operator also trades at a forward PE of 21 times, representing a near 28% discount to the last five years. T-Mobile shares bucked 2022's selloff, gaining nearly 21% and, looking ahead, analysts are overwhelmingly positive on the stock. On a forward P/E basis, shares trades at a 31% discount to the last five years. A weakening economy could test these stocks in the months ahead , but analysts still see their shares rallying nearly 35% each.

☆ Tarnished Golden Globes aim to regain role as Hollywood's 'party of the year'
▼ + stars: | 2023-01-09 | by ( Lisa Richwine | ) www.reuters.com time to read: +4 min

[1/4] Director James Cameron arrives at the world premiere of 'Avatar: The Way of Water' in London, Britain December 6, 2022. "We've gotten a really great response from the nominees," said Hoehne, a German journalist elected in late 2021 to lead the group through diversity and ethics scandals. Comedian Jerrod Carmichael, who is Black, will host the three-hour ceremony, while Eddie Murphy will receive a lifetime achievement honor. Tom Cruise is not expected to appear even though his blockbuster movie "Top Gun: Maverick" is nominated for best drama film. Reporting by Lisa Richwine in Los Angeles; Editing by Mary Milliken and Sandra MalerOur Standards: The Thomson Reuters Trust Principles.

☆ 'Avatar 2' crossed $1 billion, halfway to the mark James Cameron said it needs to break even. It will have to overcome 2 hurdles to do it.
▼ + stars: | 2022-12-29 | by ( Travis Clark | ) www.businessinsider.com time to read: +3 min

"Avatar: The Way of Water" has grossed over $1 billion at the global box office. But it may need to double that to reach the mark James Cameron has said it needs to break even. It declined just just 2% in its second weekend, and then only 9.5% from that in its third. "The Way of Water" still had a better hold in its second weekend than most recent blockbusters, falling 52% in its second weekend in the US. Repeat viewing would help its momentum at the box office in the coming weeks.

☆ 'Avatar' sequel eclipses $1 billion at global box office, even with Covid weighing on China business
▼ + stars: | 2022-12-28 | by ( Sarah Whitten | ) www.cnbc.com time to read: +2 min

James Cameron's "Avatar: The Way of Water" has passed the billion-dollar mark at the global box office, but sluggish sales in China could weigh on the film's final haul. Worldwide ticket sales for the Disney film now stand at $1.03 billion, the combination of $317 million in domestic sales and $712 million from international markets. That places the film among the top five fastest movies to reach $1 billion in box-office sales. Still, industry experts are concerned by muted ticket sales from China. Through Tuesday, China has accounted for just $108 million in ticket sales for the film.

☆ 'Avatar: The Way of Water' crosses $1B in ticket sales in just 14 days: Here are the 10 highest-grossing movies of 2022
▼ + stars: | 2022-12-28 | by ( Nicolas Vega | ) www.cnbc.com time to read: +1 min

"Avatar: The Way of Water" has made over $1 billion in ticket sales in just two weeks. James Cameron's blockbuster, the sequel to the highest-grossing movie of all time, joins "Jurassic World: Dominion" as a 10-figure earner this year and may depose Tom Cruise's "Top Gun: Maverick" as the highest-grossing 2022 release by the end of its time in theaters. "Avatar's" performance means that 2022 will end with three films passing the billion-dollar threshold at the box office. While that's a far cry from the nine billion-dollar grossers that 2019 — the final full box office year before the pandemic — had, it's still an increase from 2020 and 2021 which had zero and one movies earn over $1 billion, respectively. Though some industry watchers had predicted that the domestic box office would cross $8 or $9 billion, those hopes were dashed in part because some big-budget films have been delayed, including another Tom Cruise title, the hotly-anticipated "Mission: Impossible - Dead Reckoning".

☆ 'Avatar: The Way of Water' makes more money in its first 10 days than the original film, suggesting the sequel has 'staying power'
▼ + stars: | 2022-12-26 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +2 min

Avatar: The Way of Water took more at the box office in its first 10 days than the original film. On its opening weekend, the sequel failed to live up to studio expectations for ticket sales. The $253 million box office take suggests the film will maintain momentum into the new year. "Avatar" made $212.7 million in its first 10 days in 2009 and went on to become the highest-grossing film of all time, taking more than $2.9 billion. The sequel is estimated to have made $56 million in North America over the weekend, compared with $134 million on the opening weekend – lower than the $150 million to $175 million projections.

☆ 'Avatar: The Way of Water' nears $900 million globally, boosted by international ticket sales
▼ + stars: | 2022-12-25 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

Disney and James Cameron's "Avatar: The Way of Water" snared an estimated $56 million during its second weekend in theaters, a 58% drop from its debut. A decline in ticket sales is common for blockbuster titles, with most seeing a 50% to 70% slip. Box office analysts noted that cold winter weather and storms during the Christmas weekend likely led to slower ticket sales domestically. Additionally, international ticket sales continue to thrive. "The Way of Water" has generated $855 million in global ticket sales since its Dec. 16 release — $254 million domestically and $601 million from international markets.

☆ 'Avatar: The Way of Water' needs a strong second week at the box office
▼ + stars: | 2022-12-23 | by ( Sarah Whitten | ) www.cnbc.com time to read: +2 min

All eyes are on "Avatar: The Way of Water's" second week at the box office. James Cameron's long-awaited sequel to the highest-grossing film of all time fell short of initial box-office expectations during its debut last week. The movie's second week will help clarify its longer-term box-office prospects. Showbiz analysts often look to the second week drop as an indicator of whether a film will have longevity at the box office or may fizzle quickly. A key example is Paramount and Skydance's "Top Gun: Maverick" which saw ticket sales decline just 29% in its second week in theaters.

☆ The biggest media targets and buyers in 2023, as speculation swirls around Disney's next move under CEO Bob Iger and how Warner Bros. Discovery can shed debt
▼ + stars: | 2022-12-19 | by ( Lucia Moses | Claire Atkinson | Reed Alexander | ) www.businessinsider.com time to read: +12 min

Continued pressure to get bigger has big media companies in Hollywood looking to scale up. Media bankers and investors predicted to Insider that dealmaking will rebound in 2023 as companies big and small size up their options for possible tie-ups. Pressure on big media companies to get bigger hasn't gone away. Apple: Could eye a big content prizeTim Cook. Paramount's library could help a streaming company bulk up its content; Netflix for one has explored Paramount's studio business before.

☆ Disney shares fall following softer-than-expected 'Avatar' opening weekend
▼ + stars: | 2022-12-19 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +2 min

Shares of Disney dropped on Monday following a weaker-than-expected opening box office weekend for James Cameron's "Avatar: The Way of Water." Industry analysts pegged the long-awaited "Avatar" sequel as a box office winner for Disney and are viewing the holiday season as a make-or-break period for the film. The film notched $134 million at the domestic box office during its opening weekend, falling short of analyst expectations of $175 million and Disney's own forecast of between $135 million and $150 million. Still, box office analysts aren't concerned yet. Internationally, "Way of Water" raked in $300.5 million, bringing its total opening weekend number to $434.5 million.

☆ 'Avatar' sequel opens shy of domestic box office projections
▼ + stars: | 2022-12-18 | by ( ) www.reuters.com time to read: +1 min

LOS ANGELES, Dec 18 (Reuters) - "Avatar: The Way of Water," the expensive and long-delayed sequel to the highest-grossing film of all time, opened below box office forecasts with an estimated $134 million in U.S. and Canadian ticket sales. In overseas markets, "The Way of Water" added $301 million for a global total of roughly $435 million through Sunday, distributor Walt Disney Co (DIS.N) said. "The Way of Water" was released 13 years after the first installment wowed audiences with pioneering 3D technology. The original "Avatar" remains the all-time box office champion with $2.9 billion in global ticket sales. Reporting by Lisa Richwine; Editing by Lisa Shumaker and Bill BerkrotOur Standards: The Thomson Reuters Trust Principles.

☆ 'Avatar: The Way of Water' opens to $134 million, just missing box office expectations
▼ + stars: | 2022-12-18 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

Internationally, "Way of Water" tallied $300.5 million, bringing the film's opening weekend haul to $434.5 million. The Chinese box office contributed around $265 million to "Avatar's" global tally a decade ago, but the market has grown significantly since. Since cinemas reopened in the country, it has been one of the fastest markets to recover and generate box office success. Box office analysts aren't concerned with the movie's smaller-than-expected domestic box office, particularly because of how it has played internationally. "It's premature to qualify the film's degree of success at this stage, especially with Cameron's history of long runs at the global box office," Robbins added.

"Avatar: The Way of Water" premiered December 16 exclusively in theaters. Though the movie is currently exclusive to theaters, it's expected to hit Disney Plus at some point in 2023. Like the original movie, "Avatar: The Way of Water" is directed by James Cameron ("Titanic"). As of December 16, there is no official streaming date set for "Avatar: The Way of Water." The sequel repeats one of the biggest draws of the first "Avatar" movie in terms of being a groundbreaking visual spectacle.

☆ 'Avatar' sequel rings up $17 million in U.S. debut night
▼ + stars: | 2022-12-16 | by ( Lisa Richwine | ) www.reuters.com time to read: +2 min

[1/2] Director James Cameron arrives at the world premiere of 'Avatar: The Way of Water' in London, Britain December 6, 2022. REUTERS/Toby MelvilleLOS ANGELES, Dec 16 (Reuters) - Director James Cameron's long-awaited "Avatar: The Way of Water" pulled in $17 million at U.S. and Canadian box offices from its first showings on Thursday night, distributor Walt Disney Co (DIS.N) said. With international sales, the sequel to the highest-grossing movie of all time has generated $50.4 million at theaters around the globe since the movie started rolling out on Wednesday. The sequel should end the opening weekend with at least $140 million from domestic theaters, forecasters said. "The Way of Water" was released 13 years after the first film wowed audiences with pioneering 3D technology.

☆ 'Avatar: The Way of Water' makes $17 million in Thursday previews, driven by big 3D sales
▼ + stars: | 2022-12-16 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

James Cameron's "Avatar: The Way of Water" snared $17 million during its Thursday night previews on its way towards a $175 million opening weekend. Premium formats will be a big factor in the film's opening weekend and its overall box office run. EntTelligence estimates that for "The Way of Water" 3D tickets will average around $16.50 each while 2D will cost around $12.50 a piece. Meanwhile, in Asia-Pacific, which includes Korea, Thailand, Indonesia and the Philippines, 39% of box office receipts were for these more expensive showings. The film had incredible staying power at the box office, running in theaters through August 2010, a staggering 234 days.

☆ James Cameron's 'Avatar: The Way of Water' looks different from every movie you've ever seen—here's why
▼ + stars: | 2022-12-15 | by ( Nicolas Vega | ) www.cnbc.com time to read: +1 min

With "Avatar: The Way of Water" hitting theaters this weekend, director James Cameron is gambling that audiences are ready to not only return to Pandora after 13 years, but that they will be open to a film shot in 48 frames per second. For virtually the entire history of film, movies have been shot and displayed at the cinematic standard of 24 frames per second. This means that 24 still images are displayed on the screen every second, creating the illusion of motion. "It came to kind of define the genre of film," Richard Miller, executive vice president of technology at Pixelworks, says of the 24 frames per second look. Newscasts, live sports and even soap operas typically hit your TV screen at 30 frames per second, which gives them their distinct visual feel.

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