It feels good to be bad… Assemble a team of the world’s most dangerous, incarcerated Super-Villains, provide them with the most powerful arsenal at the government’s disposal, and send them off on a mission to defeat an enigmatic, insuperable entity. U.S. intelligence officer Amanda Waller has determined only a secretly …
Read More »The Walt Disney Company Acquires Minority Stake in BAMTech
The Walt Disney Company announced that it is acquiring a 33% stake in BAMTech, a leading technology services and video streaming company previously formed by Major League Baseball (MLB). As part of the transaction, BAMTech was separated from MLB’s broader digital business, MLB Advanced Media (MLBAM). Under the terms of …
Read More »Take-Two Interactive Software, Inc. Reports Results for Fiscal First Quarter 2017
Take-Two Interactive Software reported results for its fiscal first quarter 2017, ended June 30, 2016. In addition, the Company provided its initial financial outlook for its fiscal second quarter 2017, ending September 30, 2016. As previously announced, beginning this quarter, the Company will no longer adjust its Non-GAAP financial metrics …
Read More »21st Century Fox Reports Full Year Income
Twenty-First Century Fox reported financial results for the three months and full year ended June 30, 2016. Commenting on the results, Executive Chairmen Rupert and Lachlan Murdoch said: “We delivered full-year revenue and earnings growth on the strength of gains in affiliate and advertising revenues despite considerable foreign exchange headwinds …
Read More »Time Warner Joins Hulu as Equity Owner
Time Warner Inc. and Hulu announced that Time Warner will become a 10% owner of Hulu, the premium streaming TV service that offers the best of current season programming, premium original content, films and full seasons of hit series. Time Warner joins The Walt Disney Company, 21st Century Fox, and …
Read More »Electronic Arts Reports Q1 FY17 Financial Results
Electronic Arts announced preliminary financial results for its first fiscal quarter ended June 30, 2016. “Q1 was a great quarter for Electronic Arts with amazing engagement in our global communities,” said Chief Executive Officer Andrew Wilson. “EA is leading our industry through innovation, with more of our biggest games powered …
Read More »Time Warner Inc. Reports Second-Quarter 2016 Results
Time Warner reported financial results for its second quarter ended June 30, 2016. Chairman and Chief Executive Officer Jeff Bewkes said: “We had a strong first half of 2016, which puts us ahead of our original goals for the year. Our performance reflects the creative excellence resulting from investments we’ve been …
Read More »Carmike Cinemas Reports 2016 Second Quarter Operating Revenue of $204.7 Million
Carmike Cinemas, a leading entertainment, digital cinema, alternative content and 3-D motion picture exhibitor, today reported results for the three and six-month periods ended June 30, 2016, as summarized below. SUMMARY FINANCIAL DATA (unaudited) Three Months Ended June 30 Six Months Ended June 30 (in millions) 2016 2015 2016 2015 …
Read More »AMC Entertainment Holdings, Inc. Announces Second Quarter 2016 Results
AMC Entertainment Holdings, one of the world’s leading theatrical exhibition companies and an industry leader in innovation and operational excellence, reported results for the second quarter ended June 30, 2016. Highlights for the second quarter 2016 include the following: Total revenues were $764.0 million compared to total revenues of $821.1 …
Read More »Digital Comic Sales Declined in 2015 After Six Year Run
North American digital comic sales declined 10% to $90 million in 2015, down from $100 million in 2014, according to an analysis by ICv2. This is the first sales decline after a six year run of growth as the format exploded beginning in 2010. Industry participants cited a number of …
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