entertainment

Amazon Bets on Bond With $8.45B MGM Buy
M&A

Amazon Bets on Bond With $8.45B MGM Buy

The deal will enable Amazon to add the prized James Bond franchise and a catalog of more than 4,000 titles to its Prime Video offerings.
By Matthew Heller | May 26, 2021
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AT&T, Discovery Confirm $43B Media Merger
M&A

AT&T, Discovery Confirm $43B Media Merger

The new entity would house nearly 200,000 hours of programming and more than 100 brands spanning cinema, streaming, publishing, music, news, and sports.
By Vincent Ryan | May 17, 2021
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Netflix Tops 200M Subs, Sees Positive Cash Flow
Financial Performance

Netflix Tops 200M Subs, Sees Positive Cash Flow

The streaming giant's shares jumped 12% after it indicated it would return any excess cash to shareholders through buybacks.
By Matthew Heller | January 20, 2021
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Netflix Adds 10 Million Subs But Stock Slides
Financial Performance

Netflix Adds 10 Million Subs But Stock Slides

As "consumers get through the initial shock of COVID and social restrictions," Netflix sees subscriber growth slowing to 2.5 million in the third quarter.
By Matthew Heller | July 17, 2020
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Hasbro Sales Hit By ‘Star Wars’ Toys Dropoff
Strategy

Hasbro Sales Hit By ‘Star Wars’ Toys Dropoff

The surprising Q4 sales decline raises questions about Hasbro's strategy of tying products to Hollywood films.
By Matthew Heller | February 7, 2018
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Time Warner Soars on ‘Wonder Woman’ in Q2
Financial Performance

Time Warner Soars on ‘Wonder Woman’ in Q2

The hit superheroine movie supercharged the company's earnings, with net profit up 11.6% and revenue up 5%.
By Matthew Heller | August 2, 2017
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AMC Acquires European Theaters for $929M
Strategy

AMC Acquires European Theaters for $929M

The acquisition of the Nordic Cinema chain furthers AMC's goal of owning 20% of the world’s movie screens.
By Matthew Heller | January 23, 2017
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GoPro Refocuses on Core Camera Business
Technology

GoPro Refocuses on Core Camera Business

The action-camera maker is cutting 15% of its workforce and closing its entertainment division as it attempts to return to profitability.
By Matthew Heller | November 30, 2016
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Wanda Group Buys Dick Clark Productions for $1B
Strategy

Wanda Group Buys Dick Clark Productions for $1B

The conglomerate controlled by Chinese billionaire Wang Jianlin continues its push into Hollywood by acquiring the producer of the Golden Globes.
By Matthew Heller | November 4, 2016
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