As Disney gears up to announce its fiscal fourth-quarter earnings, the focus of Wall Street is pin-sharp on the performance of its prominent divisions: streaming services and theme parks. Analysts have set expectations for the entertainment giant, anticipating earnings per share (EPS) of $1.10 alongside a revenue projection of approximately $22.45 billion. This upcoming earnings
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Liberty Media’s recent announcement marks a significant turning point for both the company and its investors. By spinning off its assets, excluding Formula One racing, into a new publicly traded entity named Liberty Live, Liberty Media is embarking on a strategic reorganization designed to streamline operations and enhance shareholder value. With Greg Maffei stepping down
Boeing faces a complex and arduous road to recovery as it transitions back to normal operations following a significant strike involving over 32,000 machinists. The labor disruption, which lasted for more than seven weeks, effectively crippled the production of various aircraft models. With a newly approved contract that includes substantial pay raises averaging 38% over
In a noteworthy shift within the streaming industry, Netflix’s ad-supported tier has gained traction by reaching 70 million global monthly active users, demonstrating its effectiveness two years post-launch. This accomplishment not only highlights Netflix’s adaptability in response to changing market demands but also signifies a broader trend toward monetizing content through advertisements. Launched in November
The toy industry is one of creative innovation and child-friendly fun, but not all creation stories are flawless. A glaring example of this is the recent blunder by Mattel involving its line of “Wicked”-branded fashion dolls. Instead of capturing the youthful imagination as intended, these dolls have become embroiled in a scandal that has led
The release of major cinematic productions often heralds a wave of merchandise that not only boosts the film’s visibility but also injects life into the retail sector. Following the phenomenal success of “Barbie,” 2023 is witnessing a fresh burst of color with “Wicked,” an adaptation of the iconic Broadway musical. This film is set to
The ongoing saga surrounding Diamond Sports Group, the largest owner of regional sports networks in the United States, underscores the complexities of the sports broadcasting industry, especially during bankruptcy proceedings. The recent objections raised by Major League Baseball (MLB) and the Atlanta Braves highlight serious concerns regarding the viability of Diamond’s reorganization plan, indicating deeper
Warner Bros. Discovery recently achieved a remarkable milestone, illuminating the transformative potential of the streaming industry. The surge of 7.2 million global subscribers for Max during the third quarter marks a pivotal moment since the platform’s introduction, raising its total to a staggering 110.5 million subscribers as of September 30. This subscriber growth comes against
E.l.f. Beauty, a prominent name in the cosmetics industry, has recently demonstrated a remarkable performance, prompting the company to raise its full-year revenue forecast. Announcing a 40% increase in sales, E.l.f. Beauty’s stock witnessed a substantial surge, increasing by nearly 10% in after-hours trading following the earnings release. For the fiscal year 2025, E.l.f. now
Restaurant Brands International (RBI), the parent company of notable chains like Burger King, Tim Hortons, and Popeyes, experienced a turbulent third quarter as it released financial results on Tuesday that fell short of analyst expectations. The company reported an adjusted earnings per share of 93 cents, which is below the 95 cents projected by analysts.