Rafael Enrique | Lightrocket | Getty ImagesLOS ANGELES — Netflix is due to report first-quarter earnings after the closing bell Thursday.The company's performance has been an anomaly in the streaming realm. While competitors struggle to turn profits, Netflix saw a 12% bump in revenue last year as its paid...
Visitors wearing emblematic Mickey Mouse and Minnie Mouse ears walk in front of the Sleeping Beauty-inspired castle at Disneyland Paris, Oct. 16, 2023.Ian Langsdon | Afp | Getty ImagesThree years ago, Josh D'Amaro stood in a nearly empty Disneyland.The California theme park's Main Street was quiet: no cheery tunes from...
The Mandalorian and the Child on Disney+'s "The Mandalorian."DisneyThe Walt Disney Company's new theatrical slate unveiled Friday will feature the dynamic duo of the Mandalorian and Grogu, a fifth "Toy Story" film and another "Tron" flick before the end of 2026.The company's theatrical business has struggled in the wake...
Nelson Peltz's proxy battle was a "distraction" and Disney can now focus on trying to turn a streaming profit and planning its succession, its CEO Bob Iger said on CNBC's "Squawk on the Street" on Thursday, just one day after handing a stinging defeat to the activist investor."One of...
Harrison Ford returns as Indiana Jones in "Indiana Jones and the Dial of Destiny."DisneyDisney has struggled to return to the lofty box office records of 2019 — and that may have helped open the door for its recent troubles with activist Nelson Peltz.Just four years ago, the studio had...
Every day the streaming landscape is looking more and more like the beast it sought to slay — cable.Looming talks of platform bundles come as major streamers push ad-supported plans, limit password sharing and lean into live sports coverage. The goal of exponential subscriber growth, fueled by pandemic lockdowns,...
A view shows the logo of the Paris 2024 Olympic and Paralympic Games, in Paris, France, March 19, 2024. Benoit Tessier | ReutersMany of the world's greatest athletes will make their big-screen debut in IMAX theaters this summer.NBC announced Friday that its live coverage of the 2024 Paris Olympics opening...
The Lego company grew sales 2% last year, even as the global toy industry saw sales slip 7%, according to data from Circana.The pandemic-era gains that fueled exponential toy industry sales growth waned in 2023 as consumers cut discretionary spending amid rising inflationary costs and increased credit card debt....
A scene from "Barbie."Courtesy: Warner Bros.If there's one thing Mattel CEO Ynon Kreiz wants shareholders to take away on Thursday, it's the power of Barbie.As the toymaker faces activist pressure from Barington Capital, particularly around its strategy with the Fisher-Price and American Girl brands, it's putting forth Barbie as...
Sandworms emerge on the desert planet Arrakis in Denis Villeneuve's "Dune: Part Two."Warner Bros. | Legendary EntertainmentAfter a two-month drought, "Dune: Part Two" has delivered a much-welcomed deluge of ticket sales to the domestic box office — and its success could bring a third franchise film to cinemas.The Warner...