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Notable early reaction to Netflix's deal to acquire Warner Bros.
Yahoo Finance· 2025-12-05 19:51
NEW YORK (AP) — Netflix's $72 billion deal to acquire Warner Bros. studio and its film and television operations drew quick reactions Friday. Film and television industry entities including guilds and the lobbying group for movie theater owners criticized the deal, warning it would harm consumers and cinema owners. In announcing the deal, Warner Bros. and Netflix executives touted the deal's benefits. Warner Bros. Discovery CEO David Zaslav said the deal “will ensure people everywhere will continue to en ...
Netflix Is Buying Warner Bros. So Who Changes Whom?
Yahoo Finance· 2025-12-05 05:01
It’s been one bid after another for the company that brought you One Battle After Another. And now a victor has finally been declared: Netflix. The streaming giant announced Friday morning it had agreed to acquire Warner Bros Discovery’s movie and TV studios as well as its streaming division, HBO Max, in a deal with an enterprise value of about $82.7 billion. If and when the merger gets approved — it’s likely to receive some regulatory scrutiny — the biggest disruption may just be to Netflix’s own busines ...
Paramount Insists WBD-Netflix Deal Would Be DOA As It Presses Its Case
Deadline· 2025-12-04 22:32
Paramount is plenty peeved about the way Warner Bros Discovery is conducting a possible sale and it wants everyone to know it won’t go quietly if either Netflix or Comcast are the winning bidder. The David Ellison company is pushing the regulatory angle hard, insisting it’s the only suitor with “a clear path to closing based upon decades of legal precedent.” In a letter from its counsel to WBD’s, it insists rival offers from Netflix and Comcast both “present serious issues that no regulator will be able t ...
缺钱的港星,抢着来内地景区「捞金」
3 6 Ke· 2025-11-21 01:49
Core Viewpoint - The tourism industry is experiencing a trend where aging Hong Kong actors are taking on roles as interactive characters in various scenic spots, reflecting a shift in the entertainment landscape and the economic realities faced by these artists [1][20][48] Group 1: Industry Trends - Scenic spots are increasingly incorporating live performances and interactive experiences, with actors portraying iconic characters from popular culture [1][3] - The trend of older Hong Kong actors performing in scenic areas highlights a nostalgic connection for fans and a new form of employment for these artists [19][48] Group 2: Actor Experiences - Many actors, such as Ma Jingtao and Luo Jiaying, are revisiting their classic roles in scenic spots, showcasing their dedication despite the physical demands of the performances [5][9][19] - The phenomenon of actors working in scenic areas is seen as a return to their roots, where acting is viewed as a means of livelihood rather than just a glamorous profession [20][48] Group 3: Historical Context - The article discusses the historical context of Hong Kong's film industry, where many actors emerged from humble beginnings and faced economic challenges [20][29] - The efficiency and high-pressure environment of the past Hong Kong film industry shaped the work ethic of these actors, which continues to influence their current roles [44][46] Group 4: Cultural Reflection - The current trend of actors performing in scenic spots serves as a reflection of the changing dynamics in the entertainment industry, where traditional roles are evolving due to economic pressures [48] - The nostalgic performances resonate with audiences, evoking memories of the golden age of Hong Kong cinema while adapting to contemporary realities [19][48]
Limitless X Holdings Reports Q3 2025 Operational and Financial Highlights
Globenewswire· 2025-11-20 14:00
Company Successfully Advances Several New Branding and Marketing Initiatives Strengthens Balance Sheet; Converts $27 Million of Corporate Liabilities into EquityNew HealthMD Subsidiary to Deliver New Holistic Products, Integrate AI Tech LOS ANGELES, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Limitless X Holdings Inc. (OTCQX: LIMX), a global health, wellness, and lifestyle company founded by entrepreneur Jas Mathur, today announced operational and financial highlights of its third quarter of 2025 ended September 30, ...
Cineverse Reports Second Quarter Fiscal Year 2026 Results
Prnewswire· 2025-11-14 21:08
Core Insights - Cineverse Corp. reported total revenue of $12.4 million for Q2 FY 2026, a 3% decline year-over-year, primarily due to timing differences in revenue recognition for content licensing agreements [1][4][12] - The direct operating margin improved by 7 percentage points to 58% compared to the prior-year quarter, indicating solid performance across core business lines despite the revenue decline [2][13] - The company experienced a net loss of $(5.7) million, or $(0.31) per share, compared to a net loss of $(1.4) million, or $(0.09) per share, in the prior-year quarter [6][28] Financial Performance - Total quarterly revenue was $12.4 million, down from $12.7 million in the prior-year quarter, driven by gains in streaming, digital distribution, and theatrical sales [4] - Streaming and digital revenues decreased by 5% to $9.6 million, while base distribution revenue increased by 39% to $1.8 million, primarily due to the theatrical release of The Toxic Avenger Unrated [8] - SG&A expenses rose by 79% to $11.4 million, reflecting increased marketing costs and investments in the theatrical slate and technology group [5] Operational Developments - Cineverse announced the reissue of the 20th anniversary edition of Pan's Labyrinth, with a marketing campaign set to kick off at the Cannes Film Festival in May 2026 [3][16] - The company is advancing its MicroCo venture, a new studio for microseries, projected to reach a market size of $10 billion by 2027 [14][19] - The Toxic Avenger Unrated is projected to generate an internal rate of return (IRR) of over 40%, despite underperforming at the box office [2][15] Strategic Initiatives - Cineverse is expanding its technology partnerships and has signed four new customers for its Matchpoint™ media supply chain platform [18] - The company continues to build its content library, which is valued at $45 million, significantly above its book value of $3.2 million [9][17] - Management emphasizes a focus on profitability while pursuing growth through strategic partnerships and technology advancements [21]
金鸡报晓耀盐城!短剧之城携三大计划向全球影视英才发出邀约
Yang Zi Wan Bao Wang· 2025-11-13 06:21
Core Insights - The 38th China Golden Rooster and Hundred Flowers Film Festival's "Golden Rooster Awakening Night" was launched on November 12, showcasing the film and television industry's full chain and promoting Yancheng as "NICE Yancheng · Short Drama City" [1] - Yancheng's unique qualities are highlighted, focusing on its strategic layout and policy support for the short drama industry, inviting collaboration from national and global film talents [2] Group 1 - The event was hosted by renowned actor Guo Xiaodong, with notable attendees including members of the China Federation of Literary and Art Circles and the China Film Association, as well as industry directors, producers, and scholars [1] - Three major support initiatives were announced: "Student Plan" focusing on nurturing film school students, "Role Plan" aimed at discovering new talent through a "manager + newcomer actor" model, and "Light Boat Plan" promoting the integration of film art with local cultural tourism [1] Group 2 - Yancheng's unique character is defined by the core values of "Natural, Interesting, Colorful, Enthusiastic," supported by a strategic layout termed "Four Threes," which includes three major bases, over 30 diverse filming locations, and three service guarantees for film crews [2] - The city expressed four collaboration expectations: enhancing film investment cooperation, building a complete industry ecosystem, nurturing excellent film talents, and exploring new "film + cultural tourism" scenarios to create a virtuous cycle between film and urban development [2] - Four short films will premiere on November 13, showcasing new generation filmmakers and providing a significant platform for their work [2]
港股异动丨影视股走高 欢喜传媒盘中涨超13% 大麦娱乐涨5.3%
Ge Long Hui· 2025-11-10 02:49
Group 1 - The Hong Kong film stocks have generally risen, with Huayi Brothers leading with a gain of over 13%, followed by DMG Entertainment up 5.3%, and Straw Bear Entertainment up nearly 2% [1] - According to data from Maoyan Professional Edition, the box office for the year 2025 (including pre-sales) has exceeded 45 billion, with "Ne Zha," "Detective Chinatown 1900," and "Nanjing Photo Studio" ranking as the top three films [1] - Analysts indicate that both short-term and long-term factors are favorable for the Chinese film industry, with positive developments in policies, markets, and technology driving recovery and high-quality growth [1] Group 2 - The revival of global cultural exchanges has allowed Chinese film companies and works to become active again at international film festivals such as Cannes, Berlin, and Venice, creating more opportunities for co-productions, distribution, and international collaboration [1] - The stock performance of various companies is as follows: Huayi Brothers at 0.325 with an increase of 8.33%, DMG Entertainment at 0.990 with an increase of 5.32%, Straw Bear Entertainment at 0.540 with an increase of 1.89%, and others showing modest gains [1]
第21届中美电影节、中美电视节举行“金天使奖”颁奖典礼
Zhong Guo Xin Wen Wang· 2025-11-10 01:36
Core Points - The 21st China-US Film Festival and China-US Television Festival opened in Los Angeles, featuring the "Golden Angel Awards" ceremony [1][3] - The event highlights the importance of cultural exchange and collaboration between the two countries' film industries, emphasizing the potential for growth and innovation in the face of new technologies [3][5] Group 1: Event Overview - The opening ceremony took place on November 6, attended by notable figures including Chinese Consul General Guo Shaochun and US Congresswoman Zhao Meixin [1][3] - The theme of the festival is "Boundless Light and Shadow, Co-creating the Future," with over 600 film and television works participating [5] Group 2: Awards and Recognitions - Major awards included Best Actor in Television for Zhang Lu Yi for "Secret Showdown" and Best Actor in Film for Da Peng for "Lychee in Chang'an" [5] - "Catching the Wind" and "When the Mountain Flowers Bloom" won Best Film and Best TV Series respectively, while popular American films like "How to Train Your Dragon" received awards for being favored by Chinese audiences [5] Group 3: Industry Insights - Guo Shaochun emphasized the deep-rooted cooperation and vast potential between the Chinese and American film markets, advocating for joint innovation in response to technological advancements [3][5] - The festival is supported by various organizations, including the Chinese State Administration of Radio and Television and the American Producers Guild, showcasing a collaborative effort to enhance cultural ties [5]