Now, Netflix appears to have scored its first ever win at the box office. Industry sources say the animated viral hit K-pop Demon Hunters took in between 16 million and $20 million at the US box office. Just like its title suggests, the film centers on a K-pop trio who double as Demon Hunters.The film became one of Netflix most popular streaming hits after it debuted in late June. Uh, the company then decided to release the film in about 1,700 movie theaters for singalong screenings this weekend. Though, no ...

Jerry Adler, who starred in The Sopranos, dies aged 96 https://t.co/C3bcxG2Rkc ...

The Ten Titans already make up 38% of the S&P 500, but their share could grow if companies keep delivering on investor expectations. In early August 2018, Apple (AAPL 1.21%) became the first U.S. company to surpass $1 trillion in market cap. Fast forward seven years, and there are nine S&P 500 (^GSPC 1.52%) components with market caps over $1 trillion: the "Magnificent Seven" consisting of Nvidia (NVDA 1.65%), Microsoft (MSFT 0.56%), Apple, Amazon (AMZN 3.12%), Alphabet (GOOG 2.98%) (GOOGL 3.17%), Meta Plat ...

This is Netflix's first time winning the domestic box office. https://t.co/i64OzgrF5f ...

‘Kpop Demon Hunters’ Jumps To No. 1 At Box Office During Limited Release—Two Months After Streaming Debuthttps://t.co/yXRHyLvziU https://t.co/UPifJyAd3s ...

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].

Sony Group Corporation (NYSE: SONY ) is set to reposition the organization following the spin-off of the Financial Services business set for September 2025, freeing up capital to reinvest in the core entertainment and imaging sensor businesses for improved growth. Despite the appealingMonte Independent Investment Research: Michael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in professiona ...

Core Viewpoint - Paramount is planning significant layoffs in early November as part of a restructuring effort following its merger with Skydance Media, aiming to save over $2 billion [1][2][5]. Group 1: Layoff Details - The layoffs are described as an "epic bloodbath," with management instructed to compile lists of employees to be terminated [1][2]. - The layoffs will coincide with the third-quarter earnings report and an investor presentation by the new management [3]. - Jeff Shell, the new president, indicated that the cuts will be "painful" and will occur all at once, rather than in waves [4][8]. Group 2: Financial Implications - The restructuring is expected to save the company over $2 billion, with potential for cuts to exceed this target [2][6]. - The company aims to avoid quarterly layoffs in the future, focusing on a single, substantial reduction [4]. Group 3: Management Vision - David Ellison, CEO of Paramount Skydance, emphasized that the new executive team does not believe in cutting for growth, indicating a shift in strategy [7]. - The management team has been promoting their vision for revitalizing the company, although specifics have been limited [6]. Group 4: Recent Developments - Changes within the company include internal shifts in leadership roles, such as the movement of CBS Evening News executive producer Guy Campanile [10][11]. - Paramount has also secured exclusive rights to UFC events in a $7.7 billion deal, starting in 2026, indicating a strategic move to enhance content offerings [14].

PARIS, NEW YORK and SINGAPORE, Aug. 22, 2025 /PRNewswire/ -- AMTD IDEA Group ("AMTD IDEA Group") (NYSE: AMTD; SGX: HKB), a NYSE and SGX-ST dual-listed company and a subsidiary of AMTD Group Inc. ("AMTD Group"), AMTD Digital Inc. ("AMTD Digital") (NYSE: HKD), a controlled and consolidated subsidiary of AMTD IDEA Group, and The Generation Essentials Group ("TGE") (NYSE: TGE), a controlled and consolidated subsidiary of AMTD Digital, jointly announced that cryptocurrencies would become an essential component o ...

done. >> Welcome to Squawk Box technology, lighting up the entertainment world and the skies. Drone light shows have risen in popularity in the past few years, and now a legend in Hollywood is on board.Joining us right now, Jeffrey Katzenberg, founding partner of I Never Know, wonders what it is, but he doesn't he doesn't spell it that way. Wonder Co and of course, co-founder and former CEO of Dreamworks and former chairman of Walt Disney Studios and Kimbal Musk is here co-founder and CEO of Nova Sky storie ...