Scarlett Johansson and Disney (DIS) locked horns on Thursday over the release of “Black Widow,” with the entertainment behemoth dismissing a high-stakes breach of contract lawsuit as “sad and distressing.” Johansson, who starred in multiple Marvel Cinematic Universe movies as Natasha “Black Widow” Romanov, fired the first salvo in a bombshell filing that alleged Disney broke its contract with her by releasing her solo feature on streaming platform Disney+ on the same day as… Source link
Read More »Apple, Coinbase, Disney, Nike, Uber And More
InvestorPlace 4 Electric Vehicle Charging Stocks To Avoid for Now Electric vehicle (EV) charging stocks have witnessed some euphoric movements in the recent past. There are strong reasons to believe that the EV charging industry will witness healthy growth in the coming years. However, most of electric vehicle charging stocks seem to have run ahead of their fundamentals. It therefore makes sense to wait for a correction before considering fresh exposure to electric vehicle charging stocks…. Source link
Read More »AMC is in ‘secular decline’ as Disney and other studios bypass movie theaters: veteran analyst
Shares of AMC and other theater chains popped after Disney said its film production schedule is heating up. But the shrinking exclusivity window for new releases means the industry is in “secular decline,” says one veteran media analyst. Disney, along with its earnings, announced that two films, “Free Guy” and “Shang-Chi and the Legend of the Ten Rings,” will play only in theaters for 45 days before being available to stream. “Black Widow” and “Jungle Cruise” will have a simultaneous… Source link
Read More »Disney shares slide after Q2 report was ‘not the direct-to-consumer growth story that people were hoping for’: Analyst
Disney (DIS) shares tumbled on Friday after reporting disappointing fiscal second-quarter results, with revenue and new Disney+ subscribers coming up short and the company’s theme parks business posting a fourth straight quarterly loss. Shares of the Dow-component were down as much as 5.4% at session lows Friday morning, which would represent the stock’s worst day since June 2020. “Disney’s in the middle of a recovery. I think what you’re seeing in terms of the stock performance is,… Source link
Read More »Wall Street to eye Disney+ growth and parks business during recovery
Benzinga The Pandemic Changed Our Money Habits — Here’s Exactly How By Lacey Cobb There’s no doubt that the pandemic has had a significant impact on people’s finances. Millions of people lost their jobs, forcing them to cut back on their spending. For others, spending changes were less about job loss and more about restrictions around what they could spend their money on. A recent Personal Capital survey examined spending during the pandemic. It looked closely at how people’s… Source link
Read More »The Big Story: Google. Roku. Disney
Disney+ is surging — here are 3 major winners – Yahoo Finance
Bloomberg A Crypto Kid Had a $23,000-a-Month Condo. Then the Feds Came (Bloomberg) — Stefan Qin was just 19 when he claimed to have the secret to cryptocurrency trading.Buoyed with youthful confidence, Qin, a self-proclaimed math prodigy from Australia, dropped out of college in 2016 to start a hedge fund in New York he called Virgil Capital. He told potential clients he had developed an algorithm called Tenjin to monitor cryptocurrency exchanges around the world to seize on price… Source link
Read More »Disney earnings top expectations, Disney+ subscribers soar to 94.9 million
Bloomberg A Crypto Kid Had a $23,000-a-Month Condo. Then the Feds Came (Bloomberg) — Stefan Qin was just 19 when he claimed to have the secret to cryptocurrency trading.Buoyed with youthful confidence, Qin, a self-proclaimed math prodigy from Australia, dropped out of college in 2016 to start a hedge fund in New York he called Virgil Capital. He told potential clients he had developed an algorithm called Tenjin to monitor cryptocurrency exchanges around the world to seize on price… Source link
Read More »Netflix co-founder: Disney ‘emulating' its streaming playbook: 'We’re seeing new rules of the game' – Yahoo Finance
Bloomberg A Crypto Kid Had a $23,000-a-Month Condo. Then the Feds Came (Bloomberg) — Stefan Qin was just 19 when he claimed to have the secret to cryptocurrency trading.Buoyed with youthful confidence, Qin, a self-proclaimed math prodigy from Australia, dropped out of college in 2016 to start a hedge fund in New York he called Virgil Capital. He told potential clients he had developed an algorithm called Tenjin to monitor cryptocurrency exchanges around the world to seize on price… Source link
Read More »Disney will test the limits of ‘franchise fatigue’ in 2021 and 2022
In November 2019, just a few days after Disney+ launched, Netflix (NFLX) content chief (now co-CEO) Ted Sarandos, speaking at a Paley Center for Media event, said that Disney (DIS) is “bound by” its content universes, a reference mostly to Marvel and Star Wars. He continued: “I do think the risk of being bound in a few universes is that there sometimes may be a melting ice cube of interest over time.” That has been the most common knock on Disney for a few years now: that if Disney… Source link
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