Tag: Entertainment Content

China’s top gaming regulator said it will “carefully study” the concerns of all stakeholders on draft rules aimed at curbing excessive online gaming and spending.

Shares of Manchester United Ltd. climbed 4.7% in premarket trades Tuesday after British billionaire Sir Jim Ratcliffe clinched his 25% minority stake in the iconic English soccer club.

Beijing released draft guidelines aimed at curbing excessive gaming and spending Friday mid-morning ahead of four-day Christmas weekend holiday in Hong Kong.

Shares of NetEase Inc. and Tencent Holdings Inc. fell sharply on Friday after Chinese authorities announced draft rules to crack down on spending and rewards in online gaming.

Hipgnosis Songs Fund has delayed the release of its first-half results after the music rights owner expressed concern over the value of its assets.

Fans of the Grand Theft Auto franchise may still be disappointed that the hotly-anticipated videogame won’t be released until 2025. But investors in the game’s publisher Take-Two Interactive seem to have gotten over it pretty quickly.

Videogames developer Epic Games’ victory over Google in an antitrust case is a decision that casts doubt on the app-store model of companies like Google-parent Alphabet -1.26% and Apple .It also effects the Big Tech peers who are seeking to displace them.

Paramount stock extended gains in premarket trading Monday after a report that the parent of Paramount may be sold.

Dec 4 (Reuters) – Verizon Communications said on Monday it would offer streaming subscriptions to Netflix  and Warner Bros Discovery-owned Max platforms as a bundle to its customers.

Shares of Paramount  were rising after The Wall Street Journal reported the media company may bundle its streaming services with Apple.

Disney stock advanced Friday after the company said it was reinstating its dividend, having cut the payout amid the Covid-19 pandemic and promising earlier this year to bring it back.

Shares in Ubisoft Entertainment tumbled after the company placed bonds convertible or exchangeable into shares.

Walt Disney animated feature Wish came up short at the holiday weekend box office, dealing the House of Mouse another cinematic blow.

Nov 21 (Reuters) – Walt Disney said on Tuesday the new collective bargaining agreements with the Directors Guild of America, WGA and SAG-AFTRA will lead to increased costs to create content.

Sea Ltd reported third-quarter results that exceeded analyst estimates, however, shares fell more than 13% in pre-market Tuesday.

AMC Entertainment beat expectations for the third quarter, getting a boost from this summer’s blockbuster movie phenomenon known as Barbenheimer.

Nov 9 (Reuters) – Investors in Hollywood studios on Thursday cheered a tentative deal with actors that could help restart production of movies and shows halted by a series of strikes since spring.

Walt Disney shares were rising after the entertainment giant posted quarterly earnings that edged ahead of Wall Street’s estimates.

Nintendo said on Wednesday it plans to develop a live-action film of The Legend of Zelda, one of its most popular characters.

Warner Bros. Discovery  reported a wider-than-expected third-quarter loss, and a decline in television revenue amid Hollywood strikes and a difficult advertising market.