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US singer Taylor Swift arrives for the "Taylor Swift: The Eras Tour" concert movie world premiere at AMC The Grove in Los Angeles, California on October 11, 2023. The pop star's Eras Tour concert film snared $31 million during its second weekend in theaters, the most of any concert film at the domestic box office. "The film continues to shatter concert movie records as it brings to theaters much-needed foot traffic during a fourth quarter impacted by Hollywood's labor strikes." In total, the Eras Tour film has secured an estimated $129.8 million at the domestic box office. Already, the Eras Tour concert film has had the widest domestic release for a concert film (opening in more than 3,850 locations) and the highest opening weekend domestically for a concert film, surpassing Miley Cyrus' "Best of Both Worlds Concert" from 2008, which snared $31.1 million during its domestic debut, according to data from Comscore.
Persons: Taylor Swift, Swifties, Shawn Robbins, Swift, Michael Jackson's, Taylor, Paul Dergarabedian, Miley Cyrus Organizations: AMC, Marvel, Star Wars, Comscore Locations: Los Angeles , California, U.S, Canada
Two Trump co-defendants plead guilty. What next?
  + stars: | 2023-10-21 | by ( Zachary B. Wolf | ) edition.cnn.com   time to read: +7 min
Sidney Powell , a public face of Trump’s attempts to challenge the election results in 2020 and 2021, pleaded guilty Thursday. The former Trump attorney willavoid jail time but agreed to testify as a witness and pleaded guilty to six misdemeanors for conspiracy to commitintentional interference, downgraded from felony charges she had faced. He pleaded guilty Friday to a single felony, conspiracy to commit filingfalse documents. Trial dates have not been set, and Trump has pleaded not guilty. But guilty pleas, Williams said, are now evidence that crimes were committed as Trump tried to make Joe Biden’s 2020 victory disappear.
Persons: – unsolvably, Donald Trump’s, Georgia’s, Sidney Powell, He’s, Kenneth Chesebro, Scott Hall, Trump, Powell’s Chesebro, Rudy Giuliani, John Eastman, Elliot Williams, Fani Willis, Williams, Joe Biden’s, ” Williams, Jim Sciutto, CNN Max, “ Chesebro, , Chesebro, Powell, CNN’s Marshall Cohen, Cohen, Jack Smith, Tanya Chutkan, , Chutkan, Arthur Engoron, Engoron, ” Trump, Chris Christie, ” Christie, “ Donald Trump doesn’t, Christie, Oliver Darcy, CNN’s, “ It’s, ” Darcy Organizations: CNN, Trump, White, Republican, Former New Jersey Gov, NBC, Salem Radio Network, GOP, Trump Republicans Locations: Israel, Georgia, Coffee, New York, Washington, Florida, Fulton County, Washington ,, Clive , Iowa, Miami, Salem
Box office analysts became Swifties in the lead-up to Taylor Swift's Eras Tour concert film release, estimating blockbuster-style opening weekend numbers. While the pop singer fell short of the $100 million benchmark, domestic ticket sales still topped $95 million, according to distributor AMC Entertainment. Already, the film has shattered records, becoming the highest-grossing concert film release domestically, surpassing Justin Beiber's "Never Say Never" film release, which hauled in $73 million over the course of its run in theaters in 2011, in a single weekend. Swift's Eras Tour film is also the widest-released concert film in history, arriving in more than 3,850 domestic locations during its debut. Initially, expectations said Swift could tally between $40 million and $60 million on Friday, on her way to an opening weekend draw of as much as $150 million.
Persons: Taylor, Swift, Shawn Robbins, Justin Beiber's, Miley Cyrus, There's, Robbins, Paul Dergarabedian Organizations: AMC Entertainment
In its opening weekend, the pop singer’s concert film, “Taylor Swift: The Eras Tour,” raked in between $95 and $97 million in the box office in the United States and Canada, movie theater chain AMC said Sunday. “I thought I had seen everything with the Barbenheimer phenomenon,” said Paul Dergarabedian, senior media analyst at Comscore, which tracks box office numbers. Teenagers trade bracelets while waiting for the beginning of Taylor Swift's Eras Tour concert movie in a cinema in Mexico City, Mexico October 13, 2023. Discovery, and “Oppenheimer.” Together, the two hits brought in nearly $2.4 billion in global box office sales this year, according to tracking site Box Office Mojo. Barbenheimer and Swift’s concert film “puts movie theaters at the epicenter of the culture as the hub of cultural influence,” said Dergarabedian.
Persons: New York CNN — Taylor Swift, “ Taylor Swift, , “ Justin Bieber, ” Elizabeth Frank, Taylor Swift, Chris Day, Swift, Swiftie Clara, seismologist, Sam Wrench, Taylor, Paul Dergarabedian, ” Swift, Alexandre Meneghini, Beyoncé, “ Barbie, “ Oppenheimer, Michael O’Leary, Organizations: New, New York CNN, AMC, USA, Ticketmaster, ” AMC, it’s, Twitter, Warner Bros, National Association of Theater Owners, CNN Locations: New York, United States, Canada, Memphis, Tenn, Santa Clara, Northern California, Seattle, Los Angeles, AMC’s, Mexico City, Mexico, The
Taylor Swift fans had just eight hours to buy tickets for last-minute Thursday night previews of her Eras Tour concert film. Box office analysts don't see the small Thursday night haul as any indication of the potential success of Swift's film. Expectations are that Swift could tally between $40 million and $60 million on Friday, on her way to a an opening weekend draw of as much as $150 million. Swift's film is on pace to open in around 3,850 theaters, making it the widest domestic release of a concert film. AMC Entertainment, which is distributing the film, reported last week that presales for its theaters had already exceeded $100 million for the full run of Swift's film.
Persons: Taylor Swift, weren't, Paul Dergarabedian, Swift, Shawn Robbins, Miley Cyrus, Michael Jackson's Organizations: AMC, Marvel, Star Wars, AMC Entertainment Locations: Los Angeles , California
U.S. singer-songwriter Taylor Swift performs during her The Eras Tour concert at SoFi Stadium in Inglewood, California, on Aug. 7, 2023. Taylor Swift has sold out stadiums worldwide and now she's packing cinemas, with her sights set on a $100 million opening weekend for her The Eras Tour concert film — and that's on the conservative side. Box office analysts predict Swift's film could generate as much as $150 million during its debut this weekend, a figure that would make it the highest opening of a concert film ever, and also one of the highest openings of 2023. The film is expected to draw those who were unable to attend, as well as spark repeat viewings. "Given the unique nature of virtually every aspect of the marketing and theatrical release strategy of the Taylor Swift Eras Tour film, speculation is running rampant as to how massive the opening weekend will be," said Paul Dergarabedian, senior media analyst a Comscore.
Persons: Taylor Swift, Taylor, Shawn Robbins, Paul Dergarabedian, Swift Organizations: Instagram Locations: Inglewood , California, U.S, Canada
But “The Eras Tour” heralds something new and potentially game-changing in the movie industry. BTS earlier this year released a concert film, with higher ticket prices and limited showtimes. But “The Eras Tour” could be the start of an expansion of what, exactly, a movie theater can be. The movie, directed by Sam Wrench, would be a way for millions more to experience the Eras Tour. “The industry needs it and, frankly, so do consumers.”Meanwhile, “Taylor Swift: The Eras Tour” is poised to become the biggest concert film ever in about two days of release.
Persons: — Greg Marcus, they’ve, “ Taylor Swift, , Marcus, , — Swift, Beyoncé, that’s, Swift, Sam Wrench, It's, Scott Swift, Travis Kelce, Adam Aron, Paul Dergarabedian, ” Dergarabedian, Makan Delrahim, Delrahim, ” Delrahim, Justin Bieber, Marcus ’, “ I’m, Jake Coyle Organizations: Marcus, Southern, Advance, AMC Theaters, Hollywood, Netflix, Metropolitan Opera, AMC, Kansas City Chiefs, NFL, Swift, American, Paramount, Department of Justice, , Justice Department, Woodstock, Twitter Locations: Milwaukee , Wisconsin, Los Angeles,
Experts predict the role of hotel concierge is a profession example of where analyzing decades of data and experience can allow an AI assistant to guide human workers to the best decisions. San Francisco was an obvious choice: "This is the epicenter, where all the work is happening," said Vijay Karunamurthy, Field CTO at Scale AI, which plays a key role in providing the data to AI companies whose large language models need to advance their exponential learning. "A couple of square blocks around our office in Mission, you have OpenAI, Google, Meta… pretty much everyone is flocking here. 1 predictor of success in a higher education program is the removal of life barriers. "A model that understands where you are in your journey and can understand those challenges and relate."
Persons: Alistair Berg, Digitalvision, VCs, CNBC's, Vijay Karunamurthy, Julia Boorstin —, Omer Davidi, Shah —, — Karunamurthy, Shah, Dan Rosensweig, ChatGPT, Chegg, Organizations: Google, CNBC Senior Media, Tech, CNBC, Fortune Locations: San Francisco, Francisco, Mission
"The Exorcist: Believer" possessed the box office during its opening weekend, but industry experts wonder if it will continue to turn heads in the weeks to come. Still, on a production budget of just $30 million, "The Exorcist: Believer" could prove profitable if it continues to lure moviegoers in the coming weeks. "The Exorcist: Believer" fled from its original release date (Oct. 13) because Swift announced her Eras Tour concert film would arrive in cinemas that day. The film quickly snared the coveted, higher priced, premium format screens, leaving little room for "The Exorcist: Believer" to eke out a solid opening. The potential same-day opening was almost immediately shut down when "The Exorcist: Believer" moved its release date up a week.
Persons: There's, Taylor Swift, Swift, Paul Dergarabedian, Comscore ., Oppenheimer, Jason Blum Organizations: Comscore, Universal
If you've watched HBO's "Silicon Valley" or NBC's "The Office," you've seen several examples of obnoxious aggression and manipulative insecurity exhibited by leaders. It almost goes without saying that actual managers shouldn't look to mimic Michael Scott, or the command-and-control culture dramatized on television. Instead, leaders should strive for what former Apple and Google executive Kim Scott calls the radical candor approach, showing that you care personally while challenging directly. "It's rare that we do both at the same time, especially with feedback at work, but really feedback in any part of your life," Scott said. "At the core of radical candor is a good relationship between manager and employee, between peers, and up, down and sideways," she said.
Persons: you've, Michael Scott, Kim Scott, Scott, Julia Boorstin, it's, they'll, they're Organizations: Apple, Google, CNBC Senior Media, Tech Locations: San Francisco
In this article CMCSAUVV Follow your favorite stocks CREATE FREE ACCOUNTStill from the set of "The Exorcist: Believer." The new "Exorcist" movie will draw big Hispanic audiences. Universal is seeing stronger-than-average Hispanic interest for "The Exorcist: Believer" as the movie heads into its opening weekend, according to people familiar with the matter. Hispanic and Latino viewers will have a big say in how "The Exorcist: Believer" does at the box office, no matter what. They tend to represent 26% of horror movie audiences, compared with 20% for other genres, according to the Comscore/Screen Engine PostTrak Audience Survey.
Persons: Lea, Rolando Rodriguez, Leslie Odom Jr, Hamilton, Taylor Swift, Paul Dergarabedian, R.C, Jara, Max von Sydow, Linda Blair, Bela Lugosi, Guillermo del Toro, bogeyman El, Llorona, Angel Melanson, they're, William Peter Blatty, Ellen Burstyn, Jason Miller, Melanson, David Gordon Green, Alfred Hitchcock's, William Friedkin, there's, Green Organizations: Studios, National Association of Theatre Owners, Comscore, Survey, Bettmann, Getty, Universal, CNBC, Pew Research Center, Universal Studios, Hollywood Locations: Cuban, Georgia, Hollywood, United States
Movie theaters will become a Bey Hive this December. Beyonce's appearance on the film calendar is a much-needed boon for the North American box office. Those offerings give Beyonce's movie plenty of room to run at the box office. It's unclear what Beyonce's film could open to in December, as tickets just went on sale Monday. Beyonce's tour looks to top out just above $560 million.
Persons: Taylor Swift's, Shawn Robbins, Beyonce, Aquaman, Paul Dergarabedian Organizations: AMC Entertainment, Parkwood Entertainment, Dolby, AMC, Cineplex, Harkins, North American, Hollywood, Warner Bros, Comscore, Industry
Taylor Swift and Beyoncé are making concert films from their blockbuster Eras and Renaissance tours. In August, Swift announced that an Eras concert film will be released October 13. After much speculation, on Sunday night Beyoncé announced her own concert film: The Renaissance tour's film is set to debut December 1. "Taylor Swift ignited the spark. The Eras film will be released on over 4,000 screens in North America; the Renaissance film likely will have a similar rollout.
Persons: Taylor Swift, , Queen Bey, Swift, Beyoncé, Paul Dergarabedian, Oprah Winfrey, Tyler Perry, Kim Kardashian, George Clooney, Dergarabedian, Puck's Matthew Belloni, Travis Kelce's, Shawn Robbins, Sam Wrench, — Belloni, they've, Michael Jackson's, Justin Bieber, Robbins, Taylor, It's Organizations: Service, Netflix, AMC, Box, Swifts, Office, Swift Locations: North America
X CEO Linda Yaccarino appeared rattled during her most high-profile appearance to date. Some criticized tech journalist Kara Swisher and Code for "sandbagging" Yaccarino. Months earlier, Boorstin had secured a coveted interview with Linda Yaccarino to make her first major public appearance after being named CEO of X, formerly Twitter. Later, Boorstin pressed Yaccarino on the Anti Defamation League's feud with Musk and accusations that X is encouraging antisemitism. AdvertisementAdvertisement"Everybody deserves to speak their opinion," Yaccarino said, before nervously glancing at her watch and saying she had to leave.
Persons: Linda Yaccarino, Yoel Roth, Kara Swisher, , Julia Boorstin, Boorstin, Yaccarino, Yaccarino's, Elon Musk, Teslas, Roth, Swisher, Mary Barra, Linda, Yoel, X, Julia, Musk, Tesla Organizations: Service, CNBC's Senior Media, Tech, oceanside Ritz Carlton, Laguna Niguel, GM, Twitter Locations: Laguna, Detroit, LA, Meta, San Francisco, Laguna Beach, Los Angeles
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEvery content provider is 'behind the eight ball' due to WGA strike, warns long-time media analystPaul Dergarabedian, Comscore senior media analyst, joins 'Fast Money' to talk the ongoing writers and actors strikes and the impact they are having on Hollywood.
Persons: Paul Dergarabedian Organizations: WGA, Hollywood
Disney also agreed to drop eight of its less-viewed networks, signaling the end of bloated cable TV bundles. Broadcasters could negotiate fees that included adding new cable TV channels. The new type of bundle deal combining traditional channels with streaming services provides a way forward for the media business. Pity the cable TV channels that few people watch, said one TV station group executive. Paramount Global has created numerous spin-offs of its main cable channels, with Nickelodeon siring five programming offspring, Nick Jr., Nick at Nite, TeenNick, Nicktoons and Nick Music.
Persons: Dado Ruvic, John Malone, Walt Disney, , Craig Moffett, , you’re, Rich Greenfield, Jonathan Miller, Nick Jr, Nick, Nick Music, Moffett, Dawn Chmielewski, Kenneth Li, Josie Kao Organizations: REUTERS, Liberty Broadband, Charter Communications, Reuters, Disney / Charter, Disney, Broadcasters, Cable, P Global Market Intelligence, Netflix, Leichtman Research, Paramount, ESPN, FX, Integrated Media Co, Warner Bros Discovery, American Heroes Channel, Paramount Global, Nickelodeon, Nick, Thomson Locations: U.S, Greenfield, Los Angeles, New York
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAI infrastructure will be the backbone of U.S. business in 10-years, says Needham's Laura MartinLaura Martin, senior media analyst at Needham, and CNBC's Steve Kovach join 'The Exchange' to discuss US-China relations, weakness in consumer demand for Apple devices in China, and the bull case for Apple's virtual reality headset.
Persons: Needham's Laura Martin Laura Martin, Steve Kovach Organizations: Needham, Apple Locations: China
Despite placing her previous documentaries and concert films on streaming services in the past, the iconic pop star opted to deliver her Eras Tour film directly to cinemagoers this October. Of course, the theater company will generate significantly more than that in concession sales, perhaps the real upside to Swift's film release. "Taylor Swift, being a cultural powerhouse and shaper of new business models, may have a hand in bringing back the old-school style concert film." Swift's concert film seems destined to overtake the current record holder for a theatrical concert film. Miley Cyrus' "Best of Both Worlds" concert film tallied $31.1 million during its opening weekend back in 2008, appearing in around 680 locations.
Persons: Taylor Swift, Shawn Robbins, Swift, Oppenheimer, They're, Cinemark —, It's, Robbins, Beyonce, Adele, Mario, Michael O'Leary, Paul Dergarabedian, Miley Cyrus, Taylor Organizations: T, Fort Worth Star, Tribune, Service, Getty, BoxOffice.com, Screen Actors Guild, American Federation of Television, Radio Artists, National Football League, Sony, Disney, Warner Bros, AMC, Universal, Swift, Mario Bros, National Association of Theatre Locations: Arlington , Texas, Cincinnati , Ohio
Top summer movies of 2023, domestic Warner Bros.' "Barbie" — $612.3 millionSony's "Spider-Man: Across the Spider-Verse" — $381.2 millionDisney's "Guardians of the Galaxy Vol. Still, the 2023 summer box office managed to trail pre-pandemic levels by just 5.9%, or a little more than $200 million, according to data from Comscore. "Perhaps the most notable aspect of the summer movie season of '23 was its volatility," said Paul Dergarabedian, senior media analyst at Comscore. "Barbie," a partnership between Warner Bros. and Mattel , generated $612.3 million between its July 21 release and Labor Day, representing 15% of the total summer box office. Warner Bros.
Persons: Barbie, Oppenheimer, Taylor, Swift, Paul Dergarabedian, Tom Cruise, Indiana Jones, Rebecca Ferguson, Denis Villeneuve's Organizations: Warner Bros, Hollywood, Labor, Guardians, DC, Mattel, Angel Studios Locations: Hollywood, U.S, Canada
Women are fueling China's box office despite making up a smaller share of the population — and Hollywood should take note. The higher-than-expected box office spending by Chinese women not only shows a cultural shift, but also a new entry point for American studios. Tapping into this new trend of female moviegoers in China could be a new strategy for Hollywood. While Warner Bros.' "Barbie" has collected only around $35 million so far in China, Tran suggests studios could look to capitalize on a demographic that is being underserved in the marketplace. "Purchasing power of women in China has been increasing for several years," Tan explained.
Persons: Barbie, Kevin Tran, Tran, Tan, China's Organizations: Hollywood, Morning, Warner Bros Locations: China
Starting Friday, movie theaters will have a steady stream of jump scares, creepy monsters and gore — and that's great news for the box office. As Hollywood grapples with dual labor strikes that restrict promotions for big blockbuster features, horror films could be the perfect balm. With smaller-than-average production budgets, these films are also often very lucrative for studios and don't require massive box office receipts to be profitable. Already in 2023, the horror movie genre has generated more than $600 million in domestic ticket sales, representing around 10% of the total box office in the U.S. and Canada, according to data from Comscore. Top horror films this year include:"Today's audiences love the thrills and escapist nature of horror films and the consistently solid box office numbers have ensured that studios and filmmakers will continue to produce a plentiful number of these films and movie theaters now and well into the future," Dergarabedian said.
Persons: Paul Dergarabedian, Shawn Robbins, Dergarabedian Organizations: Hollywood, Comscore, BoxOffice.com Locations: U.S, Canada
New York CNN —“Barbie” is now the highest-grossing movie at the domestic box office this year, taking the crown away from “Super Mario Bros.”According to studio estimates, “Barbie” has made $575.4 million at the American box office as of Thursday, edging past Mario’s domestic haul of $574.2 million. “Barbie’s” run to the top was faster than “Mario’s,” reaching the record-breaking title in only 34 days since its release. It took Mario, Luigi and the gang 138 days to cross the $574.2 million benchmark in the United States, according to Deadline. It also placed director Greta Gerwig as the highest-grossing female movie director in history. “Barbie” and “Blue Beetle” are distributed by CNN’s parent company, Warner Bros.
Persons: New York CNN — “ Barbie ”, Mario, “ Barbie ”, Luigi, , Paul Dergarabedian, Greta Gerwig, “ Barbie Organizations: New, New York CNN, , Warner Bros, Discovery’s, CNN, DC, Warner Bros . Locations: New York, , United States
In this article WBD Follow your favorite stocks CREATE FREE ACCOUNTXolo Mariduena stars ase Jaime Reyes in Warner Bros.' "Blue Beetle." Warner Bros. As "Barbie" continues a historic run in theaters, a little-known superhero called "Blue Beetle" is looking to take the top spot on the charts this weekend. "Blue Beetle" arrives in theaters after several DC Comics-based films have flopped at the box office and while the studio undergoes a major creative regime change. Fury of the Gods," "The Flash," "Blue Beetle" and the upcoming "Aquaman and the Lost Kingdom."
Persons: Jaime Reyes, Barbie, Robert Thompson, Thompson, haven't, Paul Dergarabedian, Will, Knight, Shawn Robbins, Robbins Organizations: Warner Bros, DC, Syracuse University, Warner Media, Disney's Marvel Studios, Galaxy, Marvel, Justice League Locations: U.S, Canada
As two Hollywood strikes rage on, movie writers and stars aren't permitted to hype their projects, due to strike rules. The longer the work stoppages keep going, the more likely it is studios will delay releases as production shutdowns choke the movie release pipeline. "Dune: Part Two," a science fiction epic based on Frank Herbert's seminal novel, could end up the biggest title to move. Warner Bros. didn't immediately respond to CNBC's request for comment. While the Writers Guild of America has returned to the bargaining table with producers, negotiations are moving slowly.
Persons: aren't, Ethan Coen's, Emma Stone, Frank Herbert's, Barbie, HBO Max, Paul Dergarabedian, didn't, haven't, AFTRA, Steven Schiffman Organizations: ANGELES, Warner Bros, American Federation of Television, Radio Artists, HBO, Comscore, Writers Guild of America, SAG, WGA, Georgetown University, National Geographic Locations: U.S
Traditional TV usage drops below 50% for first time ever
  + stars: | 2023-08-15 | by ( Lillian Rizzo | ) www.cnbc.com   time to read: +3 min
The decline of traditional TV continues, even as the prices of streaming services rise. Total traditional TV usage — comprised of broadcast and pay-TV — dropped below 50% in July for the first time ever, according to Nielsen's monthly streaming report, The Gauge. Usage among pay-TV customers fell to 29.6% of TV, while broadcast dropped to a 20% share during the month. Many consumers left the traditional TV bundle due to its steep prices. Lackluster streaming subscriber growth hasn't helped much in their bid for profitability, Macquarie noted in its report.
Persons: , Nielsen's, Tim Nollen, Max, Comcast's Peacock, Macquarie Organizations: Comcast Corp, Charter Communications, Comcast, Charter, Macquarie, Macquarie ., Nielsen, Netflix, Disney, Hulu, ESPN, Warner Bros, Warner Bros . Discovery, Paramount Locations: Macquarie
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