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5 Potential Pitfalls in Wanda’s Quest to Dominate Global Entertainment
The conglomerate owned by China’s richest man is snapping up assets by the billion, but landmines are starting to appear
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Lionsgate Soars Past Q1 Earnings Expectations, Stock Rises
Lionsgate reported revenue of $554 million and earnings of 20 cents per share, driven by strong TV performance
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MGM Extends Production Chief Jonathan Glickman Through 2020
Glickman will also oversee live theatrical productions
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Time Warner Just Made Hulu the Skinny Bundle to Beat
The streaming service’s upcoming live TV offering will now include CNN, TNT and Cartoon Network (and maybe HBO)
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Time Warner Takes Stake in Hulu, Q2 Profit Soars
TV networks led the way, while Warner Bros. continues to struggle
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Discovery Tracks Down Big Profit in Q2
Profit at TV network rises 45 percent compared with same quarter last year
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China’s Wanda Teams With RealD to Add 4,000 New 3D Screens
China’s largest theater chain will have at least 5,600 RealD screens
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Wanda Puts the Brakes on Legendary Merger
The planned asset reorganization was called off due to “major changes” in the Shenzhen stock market
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AMC Entertainment Q2 Earnings Take a Hit From Summer Slump
Weak film slate causes theater chain to disappoint on revenue and profit
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‘Ghostbusters’ Hillary Clinton Tweet Deleted, Sony Denies Political Endorsement
Tweet sparked social and conservative media backlash, and was pulled a day later
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‘Jason Bourne’ Beats Up Box Office Competition With Strong $4.2 Million Thursday
“Bad Moms” earns $2.1 million
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Disney’s Maker Studios Pink-Slips Nearly 30 Workers
The multichannel network acquired in 2014 is the latest to report layoffs
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Amazon Q2 Earnings Soar Past Expectations, But Stock Falls
The e-commerce and media giant blew past both revenue and earnings-per-share projections
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Entertainment and Tech Mergers Surge in Q2, PwC Study Finds
Comcast’s purchase of DreamWorks and Lionsgate’s scoop of Starz were two of the biggest deals in a huge quarter for M&A
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Facebook Soars After Blowing Past Q2 Earnings Expectations
Social network’s stock is up more than 8 percent in after-hours trading after a massive quarterly earnings beat
