Tag: Entertainment Content

Disney scraps plans for new Florida campus, mass employee relocation amid DeSantis feud

Disney has abandoned plans to open up a new employee campus in Lake Nona, Florida, amid rising tensions with the state’s governor.

Take-Two Stock Surges on Hopes Grand Theft Auto VI Might Be Coming Soon

Take-Two Interactive Software TTWO reported mixed fourth-quarter results but signaled that key game releases will drive stronger growth in the years to come.

Tencent posts fastest jump in quarterly revenue in more than a year after China reopens

Tencent reported an 11% jump in quarterly revenue Wednesday, marking its fastest growth in more than a year, as the company saw a big rebound in payment volumes, ad sales, and gaming.

Manchester United Stock Jumps on Reports of Qatari Banker’s Improved Takeover Bid

Shares in Manchester United jumped 8% in premarket trading Wednesday following reports that Qatari banker Sheikh Jassim Bin Hamad Al Thani has made an improved bid for the soccer club.

Microsoft’s $69 Billion Activision Deal Faces EU Decision. Why It Needs a Win.

European regulators are expected to approve Microsoft’s $69 billion deal for Activision Blizzard imminently. A European approval wouldn’t clear the path for acquisition to go ahead, but it would be a helpful point of reference for Microsoft as it takes on objections in the U.S. and U.K.

Tesla Stock Jumps After Musk Announces New Twitter CEO. What the Move Is Worth.

Elon Musk said that he has found a CEO for Twitter but didn’t say who it was. Tesla investors were happy nonetheless.

Disney’s streaming losses improve even as subscriber numbers decline

Disney on Wednesday reported that its streaming losses narrowed as price increases helped offset the loss of 4 million subscribers at Disney+.

Disney’s Iger may have to add slowing growth to his turnaround checklist

Walt Disney Co’s quarterly revenue growth is expected to hit its lowest in nearly two years, underlining the hurdles that Chief Executive Bob Iger faces in revitalizing a company that is now caught in what could be a long strike by Hollywood writers.

EA Stock Rises on Strong Earnings. FIFA Scores for Game Maker

Electronic Arts EA stock was rising in late trading Tuesday after the game publisher reported better-than-expected earnings results.