As the Walt Disney Company gears up to unveil its fiscal fourth-quarter earnings this Thursday, stakeholders and industry analysts are bracing for significant insights into the company’s performance across its streaming platforms and theme parks. According to a survey conducted by LSEG, analysts predict earnings per share (EPS) of $1.10 and revenue of approximately $22.45
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Liberty Media is on the verge of a significant transformation as it prepares to spin off nearly all its assets, excluding its prized Formula One franchise, into a new public entity dubbed Liberty Live. This announcement, made by the company on Wednesday, comes alongside the unexpected departure of CEO Greg Maffei at the close of
In a significant move that has reshaped the streaming market, Netflix’s ad-supported subscription tier has reached an impressive milestone of 70 million global monthly active users within two years of its launch. Initially introduced in November 2022, this option aimed to reinvigorate subscriber growth amid signs of stagnation. Over 50% of new sign-ups in markets
The conclusion of Boeing’s machinist strike, which lasted for more than seven weeks, marks a significant turning point for the manufacturing giant. Over 32,000 workers are anticipated to return to their posts by Tuesday, but the road to resuming full operations is fraught with challenges. Boeing has acknowledged that it will take weeks to reinstate
The recent misadventure involving Mattel’s ‘Wicked’ fashion dolls serves as a striking reminder of the importance of stringent quality control and brand management within the toy industry. In a bizarre turn of events, thousands of these dolls were pulled from store shelves due to a shocking misprint directing consumers to an inappropriate website, namely Wicked
The excitement surrounding the upcoming film adaptation of the beloved Broadway musical “Wicked” is palpable, as Universal Pictures gears up for a premiere on November 22, 2023. Much like this year’s cultural phenomenon “Barbie,” which adorned social media and store shelves in vivid pinks, “Wicked” is taking an equal approach by unleashing a vibrant green
In a significant development within the realm of sports broadcasting, Major League Baseball (MLB) and the Atlanta Braves have raised critical concerns regarding the reorganization plan of Diamond Sports Group, a leading owner of regional sports networks in the United States. Recent filings in bankruptcy court reveal a wave of unease about the future sustainability
In an era where traditional television networks face mounting challenges from cord-cutting and a bleak advertising landscape, Warner Bros. Discovery has reported remarkable growth for its streaming service, Max. With 7.2 million subscriber additions in the third quarter, Max has reached a total of 110.5 million subscribers as of September 30. This growth not only
E.l.f. Beauty has once again showcased its robust market position by posting an impressive 40% increase in sales, leading to a substantial adjustment in its full-year revenue forecast. The cosmetics retailer reported revenues of approximately $301 million, significantly surpassing analyst expectations of $286 million. This remarkable performance not only led to a nearly 10% surge
The latest quarterly earnings report released by Restaurant Brands International (RBI) has raised eyebrows among industry analysts and investors alike, revealing a mixed bag of financial results and a declining trend in same-store sales across its popular chains. The report, which highlighted a shortfall in both earnings and revenue, raised questions about the company’s recovery