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Starz Restructures Canadian Business From Joint Venture With Bell Canada to Content Licensing Deal
Starz is restructuring its operations in Canada from a joint venture with Canadian media giant Bell Media to a content licensing deal with the company. “Today, we are announcing a structural change to our Canadian operation,” Starz president and CEO Jeffrety Hirsch said Thursday during...
Musique
Disney Quarterly Revenue Flat and Operating Income Drops 5%, but Company Affirms Bullish Earnings...
Disney’s revenue for the September quarter was roughly flat year over year — coming in short of Wall Street estimates — and adjusted earnings per share declined 3%. But Disney+ and Hulu subscriber additions were better than expected, and the company says it’s still on track...
Musique
Disney+ Adds 3.8 Million Subscribers, Hulu Packs on 8.6 Million Amid Kimmel Controversy in...
Disney closed out its 2025 fiscal year on a streaming high note, delivering healthy quarterly subscriber growth for Disney+ and Hulu — the final quarter the media giant will report subscriber figures — and a 39% increase in direct-to-consumer operating income. The Mouse House reported a...
Musique
‘GTA 6’ Release Delayed to November 2026
“Grand Theft Auto VI” has been delayed again by Take-Two Interactive’s Rockstar Games, this time pushed six months from its previously set May 2026 release date. Along with its July-September quarterly earnings results Thursday, Take-Two announced the much-anticipated...
Musique
Lionsgate Earnings: Operating Losses Hit $46 Million as Film and TV Output Slows
Lionsgate, which recently spun off its film and television studio from Starz, announced its quarterly earnings on Thursday. Revenues at the company behind “Ghosts” and “Hunger Games” hit $475.1 million, a 21.3% decrease from the year-ago period when Lionsgate reported...
Musique
AMC Theatres Posts $298.2 Million Quarterly Loss Despite Summer Hits Like ‘Superman,’...
If AMC Theatres, the world’s largest theater chain, was hoping that “Jurassic World Rebirth,” “Weapons” and “Superman” would lift its most recent quarterly earnings, it needed to hold out for other heroes. That collection of man-eating dinosaurs, suburban...
Musique
Meta Q3 Earnings Stunted by Nearly $16 Billion U.S. Tax Charge Because of Trump’s One Big...
Meta, the parent of Facebook, Instagram and more, saw its top-line revenue jump 26% to a whopping $51.2 billion in the third quarter — a new quarterly record. But a provision of President Trump’s One Big Beautiful Bill Act led to a huge tax charge, causing the internet giant to fall...
Musique
Microsoft’s Xbox Console Sales Fall 29% as Gaming Content and Services Revenue Ticks Up
Microsoft reported its latest quarterly earnings results Wednesday, revealing that gaming revenue decreased $113 million (2%). The tech company attributed the decline to a nearly 30% drop in Xbox hardware sales “offset in part by growth in Xbox content and services.” Revenue from Xbox...
Musique
India’s JioStar Reports $2 Billion in Half-Year Revenue, 400 Million Streaming Users
JioStar, the Indian media giant formed from the merger of Disney’s Star India and Reliance’s Viacom18, reported record quarterly EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of $196 million with industry-leading margins of 28.1% for the quarter ended Sept....
Musique
Trump Says SEC Should Require Public Companies to Report Results Every Six Months, Instead of...
President Donald Trump is proposing a regulatory change that would affect the Securities and Exchange Commission’s financial reporting requirements for publicly traded companies under federal law. On Monday, Trump wrote on Truth Social, “Subject to SEC Approval, Companies and...
Cinéma
MBC Group Posts 38% First-Half Revenue Jump, Net Profit Up 41%
MBC Group, the Middle East and North Africa’s leading media and entertainment conglomerate, reported a 37.8% year-on-year revenue surge to SAR3 billion ($800 million) for the first half of 2025, driven by strong growth across all business segments. Net profit rose 41.1% to SAR335.4 million...
Musique
Lionsgate Posts Quarterly Loss After ‘Ballerina’ Disappoints
After spinning off its Starz cable and streaming business, Lionsgate’s posted a $94 million net loss during its most recent quarter. The company, which now consists solely of its film and television operations, released “The Studio,” a critically acclaimed Hollywood satire that it...