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X @Nick Szabo
Nick Szabo· 2025-11-08 05:05
RT Sangita Myska (@SangitaMyska)We’ve cancelled our Paramount subscription. Reports suggest the company’s new CEO David Ellison may be punishing actors who spoke out against the genocide in Gaza. https://t.co/3mxGbPBy9P ...
S&P Ends Session Narrowly Amid Government Shutdown, Airline Stress | Closing Bell
Bloomberg Television· 2025-11-07 21:47
We are about 2 minutes away from the end of this trading day and trading week. Scarlet Fu and Kristine Aquino here in for Romaine Bostick and Katie Greifeld adhere to take us through the closing bell. We've got a global simulcast, which means Carol Massar and Tim Stanovec are on board and together we bring all of our audiences across Bloomberg Television, Bloomberg Radio and YouTube worldwide to parse through the most crucial moments of the trading day.Maybe it was in the last hour when we have turned posit ...
X @Nick Szabo
Nick Szabo· 2025-11-07 14:01
RT Ounka (@OunkaOnX)⚡ JUST IN - Paramount Has Blacklist actors who spoke out against the genocide in Gaza.Another Hollywood studio trading ethics for Zionist dollars. https://t.co/njRuSHd24b ...
Lionsgate CEO Calls Media M&A Uncertainty “Incredibly Disruptive”
Deadline· 2025-11-06 23:59
Core Insights - Ongoing media and entertainment M&A activity is causing significant disruption in the industry, with companies focusing on their core operations amidst uncertainty [1] - The acquisition of Skydance by Paramount has been completed, and there is speculation about Paramount's potential bid for Warner Bros. Discovery [1][2] - Industry consolidation may lead to reduced spending but can also result in stronger buyers with greater appetites for content [4] Group 1: Industry Dynamics - The uncertainty in the market is leading to decreased purchasing behavior among companies, as highlighted by Lionsgate Television Chairman [2] - The extended acquisition process of Skydance by Paramount has created a freeze in Paramount's activities, which is now expected to change with the resolution of the deal [2] - Comcast is undergoing a corporate shift, spinning off its cable networks into a standalone public company, which may bring more clarity to its operations [3] Group 2: Company Strategies - Lionsgate has separated its Studios from the Starz business, with both entities now trading separately, indicating potential future acquisitions by larger companies [4] - The industry is seeing a mix of fewer buyers and healthier buyers, which can create a more favorable environment for content suppliers like Lionsgate [4]
Warner Bros. Discovery reports a $148 million loss as sale process heats up
Yahoo Finance· 2025-11-06 15:37
Core Viewpoint - Warner Bros. Discovery reported a $148 million loss in the third quarter, contrasting sharply with a profit of $135 million in the same period last year, as the company navigates potential acquisition interest amid a challenging market environment [1][2]. Financial Performance - The company's revenue for the third quarter was $9.05 billion, reflecting a 6% decline from the previous year [2]. - Warner Bros. Discovery experienced a loss of 6 cents per share, compared to earnings of 5 cents per share in the prior year [2]. Strategic Moves - CEO David Zaslav emphasized the company's underlying strengths during the earnings call, while refraining from providing specifics about the ongoing sale process [3]. - The company is moving forward with plans to split into two separate entities by next spring, while also considering offers for the entire company or its parts [4]. Acquisition Interest - Paramount has made three offers for Warner Bros. Discovery, including a $58 billion bid in cash and stock, which would value Warner stockholders at $23.50 per share [5]. - Despite the offers, Warner Bros. Discovery's board unanimously rejected Paramount's bids and opened the auction to other potential bidders, indicating a belief that the company is worth more than the current offers [6]. Market Outlook - Zaslav expressed optimism about the company's business prospects, highlighting the success of its film offerings and the global reach of HBO Max [7][8].
Flights set to be cut ahead of holiday travel, Tesla shareholder vote and Musk's $1T pay package
Yahoo Finance· 2025-11-06 14:29
Hello and welcome to Morning Brief Market Sunrise. I'm Ramsan Karali live from Yahoo Finances studios in London. It's Thursday 6th of November.Coming up on the show, should you start worrying about your Thanksgiving travel. Well, from tomorrow, flights are set to be cut due to the shutdown. Tesla shareholders are voting on whether to approve Elon Musk's $1 trillion pay package and farmer giant Astroenica posts better than expected results.I'll be talking to its boss Pascal Sorio later in the show. So, grab ...
X @Nick Szabo
Nick Szabo· 2025-11-06 09:45
RT Iris (@streetwize)Paramount Has Blacklisted Stars Deemed “Overtly Antisemitic” and won’t work with them.It sure looks like the likes of Javier Bardem, Joaquin Phoenix, Emma Stone, and Mark Ruffalo won’t be making movies for Paramount in the foreseeable future.Under the newly appointed head David Ellison, Paramount has made it clear that it won’t do business as usual in Hollywood any longer. They’re trying to reconfigure the landscape — and it’s already taking a toll.@Variety gives insight into what’s com ...
AMC(AMC) - 2025 Q3 - Earnings Call Transcript
2025-11-05 23:00
Financial Data and Key Metrics Changes - AMC Entertainment reported revenue of $1.3 billion and adjusted EBITDA of $122 million for Q3 2025, exceeding Wall Street expectations [4][5] - The consolidated admissions revenue decreased by only 3.9%, while domestic admissions revenue fell by 5%, reflecting a significant market share growth [14] - The consolidated revenue performance increased by 7.5% year-over-year and is now 47% above pre-pandemic levels from Q3 2019 [14][15] - The contribution margin per patron grew by 9.2% compared to the prior year and is approximately 54% higher than in 2019 [7][15] Business Line Data and Key Metrics Changes - U.S. operations achieved domestic adjusted EBITDA of $111 million, nearly $4 million more than in Q3 2019, despite selling 31% fewer tickets [15] - Food and beverage revenue per patron increased by 60.5% compared to Q3 2019, while admissions revenue per patron rose by 33.8% [14][15] - Odeon operations in Europe faced a challenging environment, with attendance down 11.4% year-over-year, but revenue per patron increased by 13% [16] Market Data and Key Metrics Changes - AMC's market share in the U.S. box office increased to approximately 24%, significantly outperforming Regal and Cinemark, which both hold 15% [8][9] - In the U.S. market, AMC's share is 27% when excluding Canada, with Regal and Cinemark at 16% each [8] Company Strategy and Development Direction - AMC is focused on capitalizing on the anticipated box office growth, with expectations for a strong fourth quarter and a robust film slate in 2026 [6][10] - The company has successfully completed capital markets transactions to strengthen its financial foundation, including refinancing $173 million of debt and equitizing $183 million of exchangeable debt [10][18] - AMC is exploring partnerships with streaming services like Netflix and enhancing its premium large format offerings to attract more customers [25][28] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in a strong fourth quarter, driven by upcoming blockbuster releases, and believes the 2026 box office will be significantly larger than in 2025 [6][12] - The company noted that the industry-wide box office is expected to reach the highest fourth quarter in six years, with a projected $10 billion pace since April 1, 2025 [12][19] - Management emphasized the importance of maintaining operational efficiencies and enhancing the guest experience to sustain growth [18][19] Other Important Information - AMC's innovative marketing strategies and loyalty programs, such as the A-List program, have contributed to increased patronage and revenue [42][63] - The company is actively exploring the use of AI to improve operational efficiency and enhance customer experiences [32][33] Q&A Session Summary Question: Discussion on concessions and ticket prices - Management highlighted that ticket prices have risen significantly, with the consolidated ticket price reaching $12.24, the highest in history, and emphasized the importance of premium pricing options [39][40] Question: Sustainability of strong performance metrics - Management expressed confidence in sustaining and growing key performance metrics, attributing past successes to strategic focus and operational improvements [55][56] Question: Comments on the M&A environment - Management noted that while the current cash reserves are earmarked for strengthening the balance sheet, they are monitoring the M&A environment for potential opportunities [60][61]
Warner Bros. Discovery targets Christmas deadline for announcing a sale or a split
CNBC Television· 2025-11-05 20:13
Paramount Sky Dance TV network and movie studio has a clear holiday me message this year or wish buying Warner Brothers Discovery which is fitting because the company will have to wait around Christmas to find out whether or not that's going to happen that not according to me according to a brand new scoop from our very own Alex Sherman going to call him Alex Scoop Sherman and he join you don't like that I know you're joining us now what have we learned about this >> media saga >> I got a copy of the letter ...
Paramount and PBR Announce Landmark Five-Year Media Rights Deal
Prnewswire· 2025-11-05 13:00
Core Insights - Paramount+ has secured a five-year media rights agreement to become the primary streaming home for PBR's premier tour, Unleash The Beast, starting December 12, 2026 [1][2] - The agreement allows Paramount+ to stream live coverage of the entire PBR Unleash The Beast season, which spans five months and includes events in 19 cities across 17 states [2][4] - This partnership builds on a long-standing relationship between PBR and CBS Sports, which began in 2013 and will continue through 2030, with CBS still airing the CBS Game of the Week during the 2026 season [2][3] Company and Industry Highlights - PBR's CEO, Sean Gleason, expressed excitement about the deal, emphasizing its potential to expand PBR's audience [3] - CBS Sports reported its highest-rated PBR broadcast in October, reaching an average of 2.70 million viewers, indicating strong performance in broadcast [3] - The 2026 Unleash The Beast season will feature notable events, including PBR's debut at TD Garden in Boston and a return to Madison Square Garden for the 18th time [4] - Paramount+ will also become the exclusive U.S. home for all UFC events starting in 2026, further solidifying its position in the sports streaming market [5] - PBR is part of TKO Group Holdings, which is expanding its media agreements with Paramount, including exclusive streaming rights for Zuffa Boxing starting January 2026 [5][7]