‘Call Of Duty’ Movie Coming From Paramount, Activision—Why That Could Be Risky For Studios https://t.co/E0QNieKLeV ...

‘Call Of Duty’ Movie Coming From Paramount, Activision—Why That Could Be Risky For Studios https://t.co/fTouajwYmq ...

‘Call Of Duty’ Movie Coming From Paramount, Activision—Why That Could Be Risky For Studioshttps://t.co/r4XiEyKfJh https://t.co/lvzY6oDIhx ...

We've got a news alert now on Paramount Sky Dance. Julia Borston with it. Hi Julia.Hey. That's right. Paramount, which they're calling a Sky Dance Corporation.This is of course part of David Ellison's newly combined company announcing a very big deal with Activision Blizzard to make a liveaction Call of Duty movie. The company's release here pointing out that Call of Duty has been the number one bestselling video game in the US for 16 consecutive years with over 500 million copies sold globally, reaching hu ...

Industry Collaboration - Paramount 与微软的动视视频游戏部门达成协议，将基于《使命召唤》系列游戏开发和制作真人电影 [1] Film Production - 该电影将是基于《使命召唤》系列游戏的真人改编作品 [1]

Core Insights - Paramount has signed a deal with Microsoft-owned Activision to develop, produce, and distribute a live-action film based on the Call of Duty video game franchise [1][2] - Call of Duty has been the best-selling video game series in the U.S. for 16 consecutive years, with over 500 million copies sold globally [2] Company Developments - David Ellison, chairman and CEO of Paramount, expressed his excitement about the project, highlighting his long-standing passion for the Call of Duty franchise [2][3] - The deal follows Paramount's recent merger with Skydance, which has led to a series of significant announcements, including a partnership with The Duffer Brothers for future projects [3] Financial Commitments - Paramount has also acquired the U.S. rights to UFC in a $7.7 billion, 7-year deal that will commence in 2026 [4] - Ellison indicated that the company aims to invest in "high-quality storytelling and cutting-edge technology" to shape the future of entertainment [4]

Core Viewpoint - Paramount Skydance, formed from the merger of Paramount and Skydance Media, aims to transform the traditional media landscape with a technology-driven approach, despite concerns over its current stock valuation [3][4][11]. Group 1: Company Overview - Paramount Skydance began trading under its new name on August 7, with shares increasing by 15% by August 18 [1]. - The merger combines Paramount's extensive content library with Skydance's production capabilities, led by David Ellison, son of Oracle co-founder Larry Ellison [3][4]. - The company plans to leverage artificial intelligence and cloud infrastructure to enhance content creation and delivery [4]. Group 2: Financial Moves and Strategy - Paramount Skydance acquired exclusive rights to UFC events for seven years at a cost of $1.1 billion annually, which is double the previous ESPN deal [5][6]. - The goal of this acquisition is to enhance the attractiveness of Paramount+ and potentially increase subscription prices, despite concerns about the financial viability of the deal [6]. Group 3: Stock Performance and Valuation - As of August 18, shares closed at $13.50, significantly above the consensus price target of $10.50, indicating a potential downside of 22% [8][11]. - The company generated $507 million in free cash flow over the past 12 months, with an enterprise value of approximately $24.5 billion, resulting in an EV/FCF ratio of 48x, which is higher than competitors like Walt Disney and Warner Bros. Discovery [9][10]. - The implicit financial backing from Larry Ellison, with a net worth of nearly $300 billion, is viewed as a positive factor for the company's future [10].

The long-awaited ESPN flagship streaming app launched today, offering its full sports content outside of a traditional TV bundle for the first time. Will the new app give a boost to Disney. Well, CEO Bob Iger is betting on it.>> Look where ESPN is today. With all of the competition that has emerged over the years, I I actually think they're in the best position they've ever been in. And now with the use of this great technology, they have the ability to engage with sports fans on a higher level in a in a be ...

Market Performance - The Dow Jones Industrial Average is down more than 100 points or 0.3% [7] - The S&P 500 is down about 26 points or 0.4% [7] - The Nasdaq Composite is down about 0.3% [7] - The Nasdaq 100 is down about 0.5% [7] - The Russell 2000 finished up 0.2% [8] - It's the sixth straight day of declines [8] Earnings and Revenue - Intuit's fourth quarter adjusted EPS was $2.75, beating the consensus estimate of $2.66 [9] - Intuit's net revenue was $3.83 billion [10] - Intuit sees 2026 revenue of $21 billion to $21.19 billion [10] - Ross Stores' comp sales grew about 2%, in line with expectations but half of the year-ago period [12] - Ross Stores' EPS came in at $1.56, beating the Street's expectation of $1.53 [12] - Workday's second quarter adjusted earnings per share came in above estimate [15] - Workday's second quarter revenue matched estimates [15] - Zoom's second quarter adjusted EPS of $1.53 topped the consensus estimate of $1.38 [23] - Zoom's second quarter revenue was $1.22 billion, slightly beating the expected $1.2 billion [23] - Zoom sees full year revenue of $4.83 billion to $4.84 billion [23] - Zoom's full year free cash flow will be at least $1.74 billion [24] Company Specific News - Workday signed a definitive agreement to acquire Paradox [15] - Paramount Skydance is under scrutiny from House Democrats regarding their merger [19] - Select quote surged after reporting positive adjusted EBITDA in the first quarter [20] - Walmart's profit missed expectations for the first time in three years [25] - Coty shares are down 22%, the worst daily performance since March 2020, after forecasting steep sales declines [27] - Cracker Barrel's stock declined after changing its logo [29]

House Democrats Jamie Raskin and Frank Pallone say they will examine whether any "illegitimate demands" by President Donald Trump played a role in government approval of the Paramount-Skydance merger https://t.co/fSzj8oICOD ...