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September 17, 2021

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Stocks making the biggest moves in the premarket: Oracle, Angi, Herbalife Nutrition and more

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CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: Oracle (ORCL) – Oracle reported quarterly earnings of $1.03 per share, 6 cents a share above consensus estimates. The business software giant’s revenue fell short of forecasts, however,......

MongoDB surge wraps up a massive week for open-source software as a business

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CNBC – For more and to sign up click here When IBM agreed to pay $34 billion for Red Hat in late 2018, the deal marked a watershed moment for open-source software, proving that companies could package free tools into highly valuable products. That purchase price may soon look like......

AT&T asks the FCC to put extra guardrails on 5G spectrum acquisition

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CNBC – For more and to sign up click here John Stankey, CEO of AT&T Mike Segar | Reuters AT&T asked the Federal Communications Commission to add a special screening for coveted spectrum that could be used to build the next generation wireless network, the company announced Wednesday. While AT&T......

Even during the pandemic, horror movies remain one of the most profitable genres at the box office

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CNBC – For more and to sign up click here Movie after movie, Hollywood’s recent blockbusters have struggled to bounce back to 2019-level ticket sales. But “Candyman” once again proved what a profit driver the horror genre is. Over the weekend, the Universal Pictures film’s debut tallied $22 million in......

‘Free Guy’ outpaced a key box office metric this weekend, adding $18.8 million to domestic tally

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CNBC – For more and to sign up click here Jodie Comer and Ryan Reynolds star in 20th Century Studio’s “Free Guy.” Disney A charismatic Ryan Reynolds and good word-of-mouth helped Walt Disney’s “Free Guy” stay at the top of the box office. The film added another $18.8 million domestically......

FuboTV CEO David Gandler thinks 5 million people could subscribe to its bundle of TV networks by 2026

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CNBC – For more and to sign up click here While most of the global media and entertainment world is focused on transitioning from legacy pay TV to subscription streaming video, FuboTV is swimming upstream. The company has earned a $4 billion market capitalization by consistently adding subscribers to a......

‘Free Guy’ tops $28 million at the domestic box office and Ryan Reynolds says Disney is eyeing a sequel

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CNBC – For more and to sign up click here Jodie Comer and Ryan Reynolds star in 20th Century Studio’s “Free Guy.” Disney Walt Disney’s “Free Guy” tallied more than $28 million at the domestic box office during its opening weekend, smashing expectations. The 20th Century Studio’s film, which stars......

Disney wins this round: Here’s where the streaming giants stand at the end of earnings season

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CNBC – For more and to sign up click here Cars drive past a sign featuring Mickey Mouse at the entrance to Walt Disney World on the day that portions of the theme park, including the Magic Kingdom, reopened to guests after being closed since mid-March due the coronavirus pandemic.......

Ryan Reynolds’ ‘Free Guy’ is the box office barometer Hollywood has been looking for

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CNBC – For more and to sign up click here Jodie Comer and Ryan Reynolds star in 20th Century Studio’s “Free Guy.” Disney 20th Century Studios’ “Free Guy” could be the barometer the movie theater industry has been looking for as the Covid delta variant spreads domestically. After months of......

AMC reaches deal with Warner Bros. for 45 days theatrical exclusivity in 2022

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CNBC – For more and to sign up click here AMC Entertainment has reached an agreement with Warner Bros. to showcase all of the studio’s 2022 slate in theaters for 45 days. The world’s largest theater chain had balked at Warner Bros.’ decision to release this year’s films in cinemas......

The Covid delta variant isn’t the only reason ‘The Suicide Squad’ underperformed at the box office

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CNBC – For more and to sign up click here Those looking to “The Suicide Squad” as a barometer for the box office should look elsewhere. The Warner Bros. film, which follows a group of DC villains as they embark on a dangerous and deadly mission for the U.S. government,......

Delta variant, supply-chain chaos threaten to derail strong back-to-school shopping season

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CNBC – For more and to sign up click here A worker stocks shelves of back-to-school supplies at a Target store on August 03, 2020 in Colma, California. Justin Sullivan | Getty Images News | Getty Images U.S. shoppers are growing more anxious about visiting stores and trying on clothing......

Verizon and AT&T plan post-pandemic 5G marketing blitz, even as consumer use cases remain unclear

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CNBC – For more and to sign up click here A large advertisement on the LED screen outside the apple store is to warm up the iPhone 12 series, which is officially on sale on the 23rd. Shanghai, China, October 21, 2020. Barcroft Media | Getty Images U.S. wireless giants......

CNN president Jeff Zucker will stay at WarnerMedia at least until Discovery deal closes

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CNBC – For more and to sign up click here CNN Worldwide President Jeff Zucker, speaks before the screening of First Lady Michelle Obama’s new CNN Film, We Will Rise: Michelle Obamas Mission to Educate Girls Around the World on October 11, 2016. Cheriss May | NurPhoto | Getty Images......

Disney, WarnerMedia and NBCUniversal wrestle with balancing the value of cable networks and streaming services

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CNBC – For more and to sign up click here USA’s Sunisa Lee (gold) celebrate son the podium during the medal ceremony of the artistic gymnastics women’s all-around final during the Tokyo 2020 Olympic Games at the Ariake Gymnastics Centre in Tokyo on July 29, 2021. Lionel Bionaventure | AFP......

Georgia film industry saw record production spend during coronavirus pandemic

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CNBC – For more and to sign up click here Tom Hiddleston stars as Loki in the Disney+ series “Loki.” Disney Pent-up demand for filming locations during the coronavirus pandemic and costly safety protocols led to a blockbuster year for the Georgia film and television industry. The Georgia Department of......

Stock futures are flat after major averages turn positive for the week

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CNBC – For more and to sign up click here U.S. stock index futures were flat in overnight trading on Wednesday, after the major averages advanced during regular trading to turn positive for the week. Futures contracts tied to the Dow Jones Industrial Average gained 27 points. S&P 500 futures......

Comcast and ViacomCBS face prisoner’s dilemma as they consider ways to work together

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CNBC – For more and to sign up click here CEO of Comcast Brian Roberts arrives for the Allen & Company Sun Valley Conference on July 06, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images The prisoner’s dilemma is a standard game theory situation often taught in business......

Earnings could be the biggest driver for markets in the week ahead as investors watch bonds

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CNBC – For more and to sign up click here Traders on the floor of the New York Stock Exchange Source: NYSE Stocks enter a busy week for earnings news with two perplexing questions hanging over the market. One is whether the big gains in corporate profits will start to......

‘Space Jam: A New Legacy’ is a bloated mess with shameless plugs to other Warner Bros. content, critics say

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CNBC – For more and to sign up click here LeBron James stars in Warner Bros.’ “Space Jam: A New Legacy.” Warner Bros. LeBron James may be king of the basketball court, but that title doesn’t transfer to the box office. At least not when it comes to “Space Jam:......

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