Entertainment
AMC Executes Reverse Split Prior to APE Shares Transition
In a strategic maneuver preceding the anticipated conversion of its preferred “APE” shares into common stock this Friday, leading exhibitor AMC Entertainment successfully carried out...
“Barbie” Outshines “Mario” as 2023’s Top Movie
In a triumphant turn of events, Mattel (MAT) and Warner Bros. Discovery’s (WBD) production “Barbie” has officially clinched the coveted title of the highest-grossing movie...
Warner Bros. Discovery (WBD) Set to Launch “CNN Max
In a strategic move aimed at boosting engagement on its flagship streaming platform Max, Warner Bros. Discovery (WBD) has unveiled plans for an innovative 24/7...
Hollywood Studios Counteroffer Amid Writers’ Strike
In an unprecedented move directly related to the Hollywood writers’ strike, major studios in Hollywood have revealed their counterproposal, marking a significant turning point in...
Netflix Password Sharing Offensive Boosts Stock by Over 4.5%
In a remarkable turn of events, Netflix (NFLX) witnessed a meteoric rise in its stock on Wednesday, registering a staggering surge of more than 4.5%....
Streaming Services Struggle as Costs Rise and Churn Rates Soar
As the sun sets on the golden age of streaming, streaming services are grappling with the strains of escalating costs. According to recent data unveiled...
End of an Era: Microsoft Axes Xbox 360 Store and Marketplace
In a significant move that marks the end of an era for gaming enthusiasts, Microsoft Corporation has declared its intention to discontinue the Xbox 360...
Linear TV Viewership Slips Below 50%, Streaming Soars
In a significant shift that underscores the changing landscape of television consumption, linear TV viewership fell below the 50% mark for the first time in...
AMC APE Shares Conversion Triggers 40% Stock Drop
AMC stock witnessed a sharp decline of nearly 40% during early trading on Monday, reflecting investor apprehensions regarding the dilution of their common stock. The...
Consumer Brands Grapple with Price Hikes as Inflation Wanes
In the midst of an unprecedented surge in inflation, major consumer brands in the United States defended their pandemic-induced price hikes by attributing them to...
