DIRS.INFO The most relevant business & tech news

☆ Reddit aims to ride the AI wave by going public
▼ + stars: | 2024-02-23 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +4 min

The platform's listing, expected next month, would be the largest IPO by a social media company since Pinterest in 2019. That means some are wondering why Reddit has waited until now to make its move, but AI might have something to do with it. Reddit also listed data licensing and AI training as part of its income streams. "We are going public to advance our mission and become a stronger company," he said in a founder's letter included in the prospectus. AdvertisementRepresentatives for Reddit did not immediately respond to a request for comment from BI, made outside normal working hours.

Persons: Reddit, Sam Altman, Steve Huffman, Huffman, Fortune, Katie Notopoulos Organizations: New York Stock Exchange, Facebook, Twitter, Business, Securities and Exchange Commission, Google, University, Virginia, GameStop, AMC Locations: Reddit

☆ Reddit will let users buy its IPO, but warns that they could make the stock riskier
▼ + stars: | 2024-02-22 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

Reddit's initial public offering will include a quirk that allows some of its most active users to buy the stock. "Our users have a deep sense of ownership over the communities they create on Reddit. We want this sense of ownership to be reflected in real ownership — for our users to be our owners. But the Reddit users that participate in the IPO will not be subject to a lock-up agreement, the filing said, which could add to volatility in the stock. Reddit users have already proven that they have a taste for trading volatile stocks.

Persons: Reddit, Redditors Organizations: GameStop, AMC Entertainment

☆ Reddit Warns That Meme Stock Investors Could Come for Its Own Stock
▼ + stars: | 2024-02-22 | by ( Meghan Morris | ) www.businessinsider.com time to read: +2 min

As Reddit prepares to go public, the social-media company issued an unusual warning to investors. AdvertisementGameStop, AMC, and other companies saw huge swings in their stock prices starting in 2021, thanks to chatter on social-media platform Reddit. In lawyerly language, Reddit wrote that individual ("retail") investors may home in on the company's stock. AdvertisementReddit S-1 cautions that retail investors could make the stock volatile Reddit S-1 screenshotReddit is offering its most frequent users a chance to buy into the IPO alongside institutional investors. Reddit users, meanwhile, gather on WallStreetBets (mentioned five times in the S-1) and other subreddits, where many posters are bearish about the company's upcoming IPO.

Persons: Reddit, Redditors, — Organizations: GameStop, Service, AMC, Securities and Exchange Commission

☆ The economy's gone from strength to strength after the pandemic — but no one quite knows why, or what comes next
▼ + stars: | 2024-02-20 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +8 min

America has gone from a pandemic crash and recession fears to stocks at record highs and an economic boom. Lockdowns, wars, shortages, inflation, interest rates, day trading, and AI have all played a role. Noam Galai/SOPA/Getty ImagesMany Americans also socked away money during the pandemic, as they saved on expenses like travel and live entertainment. Stimulus-fueled demand, combined with pandemic and war-related supply disruptions, caused inflation to spike to a 40-year high of 9.1% in June that year. The Fed swiftly raised interest rates to rein in the price growth, lifting them from virtually zero to upward of 5% in under 18 months, and hasn't touched them since.

Persons: —, We've, Noam Galai, hasn't, It's, dory Organizations: Service, Federal Reserve, GameStop, AMC Entertainment, AMC, Bank Locations: America, China, Ukraine

☆ Taylor Swift Eras Tour film to stream exclusively on Disney+ starting March 15
▼ + stars: | 2024-02-07 | by ( Sarah Whitten | ) www.cnbc.com time to read: +2 min

Taylor Swift's filmed Eras Tour has found a home on Disney+. The concert film will arrive on the platform on March 15, Disney CEO Bob Iger announced during the company's earnings call Wednesday. Disney likely faced a bidding war for the pop star's latest filmed concert, following the blowout popularity of her tour. In total, Swift's film generated more than $180 million at the domestic box office and more than $261.6 million worldwide. The concert film shifted to on-demand availability on Dec. 13, the singer's 34th birthday, with a rental fee of $19.89, the year she was born.

Persons: Taylor Swift, …, Taylor Swift's, Bob Iger, Swift, Michael Jackson's Organizations: Soldier, Disney, Apple Music, Netflix, AMC, Swift, CNBC PRO Locations: Chicago, Cardigan

NEW YORK (AP) — Taylor Swift's blockbuster concert film “The Eras Tour” will make its streaming debut on Disney+, the Walt Disney Co. announced Wednesday. The film, now titled “Taylor Swift: The Eras Tour (Taylor's Version)" will land on the streaming platform March 15. “The Eras Tour” amassed more than $262 million worldwide in theaters after opening in October, setting a record for concert films. Swift partnered with AMC Theaters for the release in a first-of-its-kind deal that cut out Hollywood studios and instead sent the film directly into theaters. “The Eras Tour” film will hit Disney+ about a month before Swift's recently announced new album, “The Tortured Poets Department,” drops on April 19.

Persons: — Taylor, “ Taylor Swift, “, ”, Bob Iger, Swift, Swift's Organizations: Disney, Walt Disney Co, AMC Theaters, Hollywood, Poets Department Locations: “ Cardigan

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

☆ 8 more of our stocks report earnings next week. Here's what we want to see
▼ + stars: | 2024-02-03 | by ( Zev Fima | ) www.cnbc.com time to read: +13 min

The three major averages posted gains for the fourth week in row, lifted by strong quarterly earnings results for most of the Big Tech companies and a strong jobs report. A weaker ADP Employment report on Wednesday provided no read-through to the monster January jobs report Friday. Here's what we're keeping an eye on in the coming week: 1. Earnings: It's another big earnings week head for the portfolio, with 8 more of our companies reporting. Consistency is what we appreciate most from nat gas giant Linde , so we're hoping for another quarter of solid earnings growth Tuesday.

Persons: Estee Lauder, Eli Lilly, Mounjaro, Nelson Peltz, Estée Lauder, Tyson, CARR, Jacobs, Willis Towers Watson, Edwards, Walt Disney, Oscar Health, Philip Morris, Armour, BAX, BILL, Jim Cramer's, Jim Cramer, Jim, George Frey Organizations: Big Tech, Dow Jones Industrial, Nasdaq, PMI, Apple, Starbucks, Procter, Gamble, GE Healthcare, DuPont, Linde, Ford, General Motors, Trian Partners, Disney, ESPN, Wynn Resorts, Wynn, Vegas, Prix, Estée Lauder Companies, Caterpillar, McDonalds Corp, Allegiant Travel, Bowlero Corp, Tyson Foods, TSN, Air Products & Chemicals, IDEXX Laboratories, CNA Financial Corp, CNA, Timken Company, Graham Corporation, Mesa Laboratories, Sphere Entertainment, Loews Corp, Technologies, Vertex Pharmaceuticals, Semiconductors, Simon Property Group, Amkor Technology, FMC Corporation, FMC, BellRing Brands, Crown Holdings, ChampionX Corporation, Golub Capital BDC, Flexsteel Industries, Kilroy Realty Corp, Gladstone Capital Corp, Unibanco, S.A, Snack Foods Corp, Kimball Electronics, Skyline Corp, Cabot Corporation, Simpson Manufacturing Co, Varonis Systems, Co, GE HealthCare, Linde plc, LIN, Spotify Technology S.A, BP, Hertz Global Holdings, AeroSystems Holdings, Toyota Motor Corp, Cummins, CMI, Software Technologies, AGCO Corporation, Carrier Global Corporation, Lear Corp, CONSOL Energy, Centene Corporation, Gartner, Arcbest Corp, CTS Corporation, Energizer Holdings, Hamilton Lane Incorporated, KKR, Precision Drilling Corporation, Frontier Group Holdings, Waters Corp, Alfa Laval, Aramark Holdings Corp, FirstService Corporation, Garden Sports Corp, New Jersey Resources Corp, nVent Electric plc, PJT Partners, Resources, Sensata Technologies, Ford Motor Company, Enphase Energy, Grill, VF Corp, Edwards Lifesciences Corp, Gilead Sciences, Lumen Technologies, Cognizant Technology Solutions Corp, Weatherford International plc, Amcor plc, Arrowhead Pharmaceuticals, Advanced Energy Industries, Uber Technologies, CVS Health, Roblox Corporation, Ares Capital Corp, Bunge, XPO Logistics, Scotts Miracle, Gro Company, Berry Global, Flex LNG, Equinor ASA, Griffon Corporation, OneMain Holdings, Brookfield Asset Management, Emerson Electric Co, Hilton Worldwide Holdings, Reynolds Consumer Products, Silicon Laboratories, Brands, Sciences, CDW Corp, Fox Corporation, WYNN, PayPal, Arm Holdings plc, ARM, Axcelis Technologies, Mattel, Paycom, Annaly Capital Management, McKesson Corp, Health Corporation, O'Reilly Automotive, Allstate Corp, Fluence Energy, Power Systems, Digital Turbine, Blue Bird Corp, Everest Group, Omega HealthCare, Coty, COTY, ConocoPhillips, Cameco Corp, Philip Morris International, Spirit Airlines, Hershey Company, Lightspeed Commerce, Aurora Cannabis, Lincoln National Corp, P, Tenet Healthcare Corp, Asbury Automotive Group, Arrow Electronics, Baxter International, PetMed, Boyd Gaming Corp, FirstEnergy Corp, Motorola Solutions, Terex Corp, PepsiCo, Growth, AMC Networks, Owl, American Pipeline, TELUS International, Magna International, Newell Brands, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: U.S, China, Macau, Wynn Macau, Valvoline, VVV, ALFVY, Madison, New Jersey, Gilead, Ceridian, ORLY, Paycor, Aurora, Provo , Utah

☆ Wall Street is watching for a $10 billion domestic box office in 2026. Disney could get it there
▼ + stars: | 2024-02-02 | by ( Sarah Whitten | ) www.cnbc.com time to read: +5 min

While 2024 and 2025 boast franchise-rich movie slates, Wall Street doesn't expect ticket sales to top $10 billion domestically until 2026. The domestic box office has not hit that benchmark since 2019 before the Covid pandemic. When the box office does again surpass that threshold, Disney could be the driving force. After all, the first Avatar generated nearly $800 million at the domestic box office after its release in 2009. Therefore, where industry experts see gaps between major tent poles, there could be smaller-budgeted films that add incremental value to the overall box office.

Persons: it'll, Eric Handler, Roth, snared, Handler, Shawn Robbins, Robbins, Bob Iger, It's, Jonathan Majors, Taylor, it's Organizations: ANGELES, Star Wars, Disney, Marvel, Pixar, Disney Animation, Universal, Paramount, Warner Bros, Hollywood, Angel, AMC, Comcast, CNBC Locations: U.S, Canada, NBCUniversal

☆ The best time-loop movies and shows to watch this Groundhog Day
▼ + stars: | 2024-02-02 | by ( Gabbi Shaw | Azmi Haroun | ) www.businessinsider.com time to read: 1 min

In honor of the real Groundhog Day, you can choose to watch the original time-loop film, 1993's "Groundhog Day." Bill Murray in "Groundhog Day." "Groundhog Day" has prompted much discussion over the years, including how long Phil was stuck inside the time loop (guesses range from a few weeks to "a lifetime"), and if the movie is a religious allegory. We can't say for sure, but we can say that "Groundhog Day" is a stone-cold classic. "Groundhog Day" is streaming with AMC+.

Persons: Bill Murray, Andie MacDowell, Phil Connors, Rita Hanson, Phil Organizations: Columbia, AMC Locations: Punxsutawney , Pennsylvania

☆ Licensing to Netflix has become a big business for studios again, but some insiders worry it could backfire
▼ + stars: | 2024-01-29 | by ( Lucia Moses | James Faris | ) www.businessinsider.com time to read: +7 min

Read previewCash-hungry entertainment studios are back in the content licensing game, sending their valuable shows like HBO's "Sex and the City" and Disney's "Grey's Anatomy" back to Netflix. Licensing has historically been a mainstay of entertainment companies, except for a brief period when many hoarded content while they built up their own streaming services. "It's the future," said Dan Cohen, the chief content licensing officer at Paramount. Netflix and other entertainment companies that sought full ownership of content as they built up their streaming services are now becoming more agnostic about it. But, for now, the major entertainment companies don't have much of a choice.

Persons: —, Mike Pears, Pears, Jessica Reif Ehrlich, Dan Cohen, Reif Ehrlich, Mitch Metcalf, Metcalf, Meeka Bondy, Perkins, John Hodulik, Tim Nollen, Netflix's, it's, Nollen Organizations: Service, Netflix, Business, AMC, Apple, Warner Bros . Discovery, Paramount, Bank of America, ABC, NBC, Metcalf Entertainment Intelligence, UBS, CBS, Macquarie, Hulu

☆ Cramer's Lightning Round: 'We don't want' AMC
▼ + stars: | 2024-01-29 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Northrop Grumman's year-to-date stock performance. Stock Chart Icon Stock chart icon John Bean Technologies' year-to-date stock performance. Stock Chart Icon Stock chart icon AMC's year-to-date stock performance. Stock Chart Icon Stock chart icon Procore Technologies' year-to-date stock performance. Procore Technologies : "That's a very, very expensive stock...I say ka-ching ka-ching on some of that one."

Persons: Northrop, I'm, John Bean, AMC's Organizations: Northrop Grumman, John Bean Technologies, AMC, Technologies, Procore Technologies

☆ Cramer's Lightning Round: Northrop Grumman, John Bean Tech, AMC Entertainment
▼ + stars: | 2024-01-29 | by ( Jim Cramer | ) 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 EmailCramer's Lightning Round: Northrop Grumman, John Bean Tech, AMC Entertainment'Mad Money' host Jim Cramer weighs in on stocks including: Northrop Grumman, John Dean Tech, AMC Entertainment and Procore Technologies.

Persons: Northrop Grumman, John Bean Tech, Jim Cramer, John Dean Organizations: AMC Entertainment, John Dean Tech, Procore Technologies

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

☆ 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

☆ Netflix's competitors helped it land a blowout quarter by selling it some of their best stuff
▼ + stars: | 2024-01-23 | by ( Peter Kafka | ) www.businessinsider.com time to read: +3 min

Netflix had a blowout quarter — much better than Wall Street expected. That's partly because competitors like Disney are selling their content to Netflix — a big strategy reversal. That's much better than Netflix or Wall Street had expected. But that was when Wall Street didn't care much about streaming profit. Now it does, so Netflix's competitors have to live with the fact that they're arming their biggest rival.

Persons: —, It's, Mario, Young Sheldon, they'd, you've Organizations: Netflix, Wall, Disney, Service, AMC, Comcast, Nintendo, Warner Bros, HBO, Brothers, Paramount

☆ Niecy Nash-Betts on 'Dahmer,' 'Reno 911!,' 'Origin' & Acting With Her Kids
▼ + stars: | 2024-01-22 | by ( ) www.businessinsider.com time to read: +10 min

and whether she'd return for a new seasonNiecy Nash-Betts in costume as Raineesha Williams from "Reno 911!" David X Prutting/Patrick McMullan via Getty ImagesYou wore a prosthetic butt while playing Raineesha Williams on "Reno 911!" AdvertisementOn kissing Glen Powell in front of his mom for 'Scream Queens,' and the quote from her character Denise that fans still loveNiecy Nash-Betts as Denise on "Scream Queens." Your "Scream Queens" costar Glen Powell is certainly having a moment with his new movie right now. And also from "Scream Queens," I would want to do something with Keke Palmer.

Persons: Raineesha Williams, Simone Clark, Niecy Nash, Betts, Nash, Ryan Murphy, Ava DuVernay, Dahmer, Jeffrey Dahmer, DuVernay, Isabel Wilkerson, Aunjanue Ellis, Marion, Wilkerson's, Wilkerson, —, David X Prutting, Patrick McMullan, you've, Raineesha, Kerri Kenney, Silver, we've, Glen Powell, Denise, Brad Falchuk, Glenn, Evan Peters, Glenda Cleveland, Evan, I've, Dominick Nash, Donielle Nash, Jessica Betts, Dia Nash, Araya Doheny, Tiffany Haddish, Keke Palmer Organizations: Reno, Los, AMC, Pride, Getty, Netflix, HBO Locations: Murphy's, Los Angeles, Georgia, Chad, Netflix's, New Orleans

☆ Reddit reportedly seeks to launch IPO in March
▼ + stars: | 2024-01-18 | by ( ) www.cnbc.com time to read: +3 min

Social media platform Reddit has drawn up detailed plans to launch its initial public offering (IPO) in March, moving forward with a listing it has been eyeing for more than three years, according to people familiar with the matter. The offering would also test the willingness of some Reddit users to back the company's stock market debut. Reddit, which filed confidentially for its IPO in December 2021, is planning to make its public filing in late February, launch its roadshow in early March, and complete the IPO by the end of March, two of the sources said. It will decide on what IPO valuation it will pursue closer to the time of the listing, according to the sources. The company held back from pulling the IPO trigger until it came closer to profitability.

Persons: Steve Huffman, Alexis Ohanian, Reddit, Huffman Organizations: Facebook, GameStop, AMC Entertainment Holdings Locations: San Francisco

☆ China, debt and Disney: Three economic themes that will dominate the Republican primaries
▼ + stars: | 2024-01-11 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

New York CNN —Republican presidential candidates Nikki Haley and Ron DeSantis sparred on a wide range of economic issues during the CNN GOP presidential debate on Wednesday evening. But as Haley and DeSantis duked it out to crown themselves the most fiscally prudent candidate, some clear economic themes began to emerge that will likely have a big influence on the upcoming Republican primaries and beyond: China, debt levels and the government’s role in business. ChinaBoth Haley and DeSantis sought to prove how tough they could be on China. But as my colleague Elisabeth Buchwald points out, the US and China are the first- and second-largest economies in the world. President Joe Biden has also made reducing economic dependence on China a platform in both his 2020 and 2024 campaigns.

Persons: Nikki Haley, Ron DeSantis sparred, Nancy Pelosi’s, ”, “, Ron, you’re, Haley, Haley, DeSantis, Donald Trump, Elisabeth Buchwald, Joe Biden, DeSantis didn’t, Trump, wouldn’t, ” DeSantis, Gary Gensler, “ I’m, ” Sen, Sherrod Brown, Brown, Nick Smart, It’s Taylor, Taylor, Swift, Ramishah Maruf, “ Taylor Swift, Pollstar Organizations: CNN Business, Bell, New York CNN, Republican, CNN, Social Security, Walt Disney Company, FBI, SEC, Securities, Exchange, SEC’s, ”, Banking Committee, Spotify, AMC, Bloomberg Locations: New York, China, Iowa, Beijing, United States, South Carolina, Florida, DeSantis

☆ One in 78 audio streams was a Taylor Swift song in 2023, data shows
▼ + stars: | 2024-01-10 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +1 min

New York CNN —Taylor Swift practically owned 2023. One in every 78 US audio streams was a Taylor Swift song in 2023, according to Luminate. The data company reported 1.2 trillion on-demand US audio streams in 2023, up 12.7% from the year prior. In 2023, Swift released two re-recorded albums: “1989 (Taylor’s Version)” and “Speak Now (Taylor’s Version).” The deluxe “Midnights (The Til Dawn Edition)” album came out in 2023, following the album’s original release the year prior. “Taylor Swift: The Eras Tour” had the highest-grossing concert film domestically for an opening weekend, according to AMC.

Persons: New York CNN — Taylor Swift, Taylor, Swift, ”, “ Taylor Swift, Pollstar, – CNN’s Krystal Hur, Bryan Mena, Danielle Wiener, Bronner Organizations: New, New York CNN, Spotify, Bloomberg, AMC, Office Mojo Locations: New York, Luminate

☆ From ‘Barbenheimer’ to Taylor Swift, here are the most important films of 2023 and why they worked
▼ + stars: | 2023-12-27 | by ( Sarah Whitten | ) www.cnbc.com time to read: +10 min

Hannah Beier | The Washington Post | Getty ImagesCall 2023 an explosive comeback at the box office. Together, those three films contributed more than $1.5 billion to the domestic box office, according to data from Comscore. But in the meantime, here's a look at some of the most important theatrical releases of 2023 — and why they worked. Meanwhile, Disney has seen its animated content lag at the box office in the wake of the pandemic. "His Only Son," a biblical drama released in early 2023, cost $250,000 to make and generated $12.4 million at the box office.

Persons: Barbie, Oppenheimer, Hannah Beier, Mario, Comscore, Greta Gerwig, Christopher Nolan's, J, Robert Oppenheimer, Chris Pratt, Charlie, Luigi, Disney, Kung, Taylor Swift, Michael Jackson's, Buda Mendes, tas23, Swift, Beyoncé, Tim Ballard, Jim Caviezel, Covid, Blumhouse, Cabrini, Saint Francesca Cabrini, Bonhoeffer, Dietrich Bonhoeffer Organizations: Washington Post, Getty, Warner Bros, Mario Bros, Universal, Disney, Pixar, Walt Disney Animation, Swift, AMC, National Football League, Angel Studios, Century Fox, Roman Catholic, Reich Locations: Somerdale , New Jersey, There's, New York, Universal, Hollywood, Colombia

☆ Beyoncé’s ‘Renaissance’ Tops U.S. Box Office With $21 Million in Sales
▼ + stars: | 2023-12-04 | by ( Ginger Adams Otis | ) www.wsj.com time to read: 1 min

Beyoncé’s movie includes concert footage from her popular tour, which ran from May to October. Photo: Kevin Mazur/WireImage for ParkwoodBeyoncé’s concert film dominated the box office on its debut weekend with an estimated $21 million in U.S. ticket sales. The 42-year-old pop singer’s “Renaissance: A Film by Beyoncé” gave a strong showing for the first weekend in December, historically a slow one for movies. It is the first time in two decades a film has opened to more than $20 million on the weekend after the Thanksgiving weekend, according to AMC Theatres, which distributed the film.

Persons: Kevin Mazur, Parkwood, Beyoncé ” Organizations: AMC Theatres

☆ Beyoncé’s ‘Renaissance’ tops the box office with $21 million opening
▼ + stars: | 2023-12-04 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Beyoncé was crowned “queen of the box office” after her concert movie topped the box office in its opening weekend. “Renaissance: A Film by Beyoncé,” a documentary about the artist’s record-breaking world tour, raked in $21 million since its Friday opening, according to BoxOfficeMojo. “The Hunger Games: The Ballad of Songbirds and Snakes” placed second, grossing $14.5 million and “Godzilla Minus One” debuted with an $11 million opening. Notably, “Renaissance” became the first film in two decades to cross the $20 million benchmark for its opening weekend following Thanksgiving, a typically sluggish one. So far this year, domestic theaters have grossed $8.26 billion, about $740 million shy of the $9 billion plus expected for the full year.

Persons: New York CNN — Beyoncé, Beyoncé, ”, Tom Cruise’s “, Taylor Swift, Novembers, – CNN’s Leah Asmelash, Eva Rothenberg Organizations: New, New York CNN, AMC Theatres, AMC, SAG Locations: New York, Hollywood

Her concert picture, “ Renaissance: A Film by Beyoncé,” opened in first place with $21 million in North American ticket sales, according to estimates from AMC Theatres Sunday. The 39-city, 56-show “Renaissance” tour, which kicked off in Stockholm, Sweden in May and ended in Kansas City, Missouri in the fall, made over $500 million and attracted over 2.7 million concertgoers. Toho's 33rd Godzilla film is set in the aftermath of World War II, stars Ryunosuke Kamiki and was directed by Takashi Yamazaki. “Trolls Band Together” landed in fourth place in its third weekend with $7.6 million, bringing its domestic total to $74.8 million. “Renaissance: A Film by Beyoncé,” $21 million.

Persons: Beyoncé, ”, Elizabeth Frank, “, John Woo, Paul Dergarabedian, “ Taylor Swift, it’s, Swift, Miley Cyrus, Justin Bieber, EntTelligence, ” Dergarabedian, Ryunosuke Kamiki, Takashi Yamazaki, Koji Ueda, Ridley Scott’s “ Napoleon ”, Joaquin Phoenix, “ Wonka, Comscore, “ Napoleon Organizations: North, AMC Theatres, AMC, Films, Comscore, Netflix, Swift's, Rotten, Toho International, Toho Global, Apple Original, Sony Pictures Locations: U.S, Canada, Stockholm, Sweden, Kansas City , Missouri, Japan

☆ Opinion: How Taylor Swift conquered capitalism
▼ + stars: | 2023-12-02 | by ( Opinion Jeff Yang | ) edition.cnn.com time to read: +7 min

CNN —There’s a whole cottage industry in pop culture essay writing dedicated to trying to unpack why Taylor Swift is so successful. Singer-songwriter Taylor Swift performs onstage during Taylor Swift The 1989 World Tour Live In Los Angeles at Staples Center on August 25, 2015 in Los Angeles, California. Taylor Swift performs onstage during night one of Taylor Swift | The Eras Tour at Nissan Stadium on May 05, 2023 in Nashville, Tennessee. Already a billionaire, Swift stands to personally make as much as $4.1 billion from the “Eras” tour, according to estimates cited by the Post. Keep an eye out: “The Tao of Tay: The Swift Path to Success,” coming soon to better airport bookstores everywhere.

Persons: Jeff Yang, Bruce, “, CNN —, Taylor Swift, Jeff Yang CNN, Kim Kardashian, Michael Jackson, Madonna, Britney Spears, Justin Bieber, aplomb, Swift, Ariana Grande, Tay, bestie, she’s, Celine Dion, She’s, Christopher Polk, Scooter Braun, ” It’s, Joan of Arc, John Shearer, “ Taylor Swift, Swift’s, Merrill Lynch, ” Organizations: CNN, Singer, Los, Staples Center, Republic Records, Universal Music Group, Universal, Washington Post, Nissan, Machine Records Locations: Asian America, America, Los Angeles, Los Angeles , California, Nashville , Tennessee, Pennsylvania, Nashville, Tay

Search resuls for: "AMC"

25 mentions found