Tag: Entertainment Content

‘Barbenheimer’ tops $235 million in domestic debut, eyes second-highest box office weekend ever

“Barbenheimer” exploded over the weekend, generating an estimated $235.5 million in ticket sales and reinvigorating the domestic box office.

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Netflix subscriptions jump 8%, revenue climbs as password sharing crackdown takes hold

Netflix subscriptions rose 8% in the second quarter as its revenue climbed year over year.

Microsoft and Sony sign deal to keep Activision’s Call of Duty on PlayStation

Sony signed a binding 10-year deal with Microsoft to keep the best-selling Call of Duty series available on PlayStation.

UK regulator extends deadline for Microsoft-Activision probe by six weeks

The U.K. Competition and Markets Authority extended the deadline of its review of Microsoft’s takeover of Activision Blizzard to August 29.

FTC says it will appeal to block Microsoft-Activision deal

The Federal Trade Commission plans to bring its effort to stop Microsoft from closing its Activision Blizzard deal to the 9th Circuit appeals court.

Disney CEO Iger opens door to unloading TV assets as linear business struggles

Disney CEO Bob Iger opened the door to selling the company’s linear TV assets as the business struggles during the media industry’s transition to streaming and digital offerings.

FTC Loses First Bid to Block Microsoft’s Acquisition of Activision Blizzard. The Focus Turns to U.K. Regulators.

The Federal Trade Commission has lost its request for a preliminary injunction to block Microsoft’s $69 billion deal to purchase Activision Blizzard, according to a ruling from U.S. District Judge Jacqueline Scott Corley.

Disney exploring sale or partners for India business, source says

NEW DELHI, July 12 (Reuters) – Walt Disney (DIS.N) is exploring options to sell or find a joint venture partner for its India digital and TV business, a source with direct knowledge said on Wednesday.

Microsoft, Activision CEOs expected to urge US judge to allow $69 billion merger

With U.S. antitrust enforcers determined to stop Microsoft from buying “Call of Duty” maker Activision Blizzard, the companies’ two chief executives are expected to testify on Wednesday that the $69 billion deal will be good for gamers and should go forward.

Google is having productive talks with the EU on A.I. regulation, cloud boss says

Google is having productive early conversations with regulators in the European Union about the bloc’s groundbreaking artificial intelligence regulations and how it and other companies can build AI safely and responsibly, the head of the company’s cloud computing division told CNBC.

Microsoft’s Activision Acquisition Gets Its Day In Court. A Loss Will Kill the Deal.

Microsoft’s $69 billion proposed acquisition of Activision Blizzard faces a key test on Thursday as a federal judge will hear arguments over U.S. regulators’ attempt to block the deal.

‘The Flash,’ Pixar’s ‘Elemental’ Disappoint in Muted Box Office

The Flash, a Warner Bros Discovery Inc. film based on the super-fast DC Comics hero, topped the box office this weekend with a lower-than-expected $55.1 million in domestic ticket sales.

Disney CFO Stepping Down

Walt Disney said CFO Christine McCarthy would step down, and the entertainment company named another veteran executive, Kevin Lansberry, to act as interim CFO starting July 1.

Disney delays Avatar, Marvel and Star Wars movies as it shuffles releases

Disney on Tuesday revealed a shake-up of its movie release calendar, delaying several entries in the Avatar, Marvel and Star Wars franchises.

FTC will try to block Microsoft’s acquisition of Activision Blizzard

The Federal Trade Commission is set to file for an injunction Monday seeking to block Microsoft’s proposed acquisition of Activision Blizzard, a person familiar with the matter told CNBC.

Netflix Starts U.S. Crackdown on Password Sharing

For people who have been sharing their Netflix password with family and friends who aren’t living with you, the day of reckoning has arrived.

Embracer’s shares plummet after $2bn partnership deal evaporates

Swedish gaming group Embracer’s share price plummeted on Wednesday after the group slashed its forecast for the year and said a $2bn partnership deal had fallen through.

Meta has started its latest round of layoffs, focusing on business groups

Meta has begun its third round of layoffs as part of the company’s multibillion-dollar plan to save costs.

Meta fined a record $1.3 billion over EU user data transfers to the U.S.

Meta has been fined a record 1.2 billion euros ($1.3 billion) by European privacy regulators over the transfer of EU user data to the U.S.

Ubisoft Entertainment shares slump on double-downgrade to sell by UBS

Ubisoft Entertainment shares UBI, -0.57% slumped, making it the second-worst performer in the Stoxx Europe 600, following a double downgrade to sell from buy at UBS