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Imax CEO Encouraged By Movie Industry's Future Despite Coronavirus Shutdown
Monday, May 18, 2020 - 8:04am | 439Read More...The COVID-19 pandemic has brought the movie and theater industry to a halt, but Imax Corp (NASDAQ: IMAX) CEO Richard Gelfond said on Fox Business that the future of the movie industry is secure. What Happened Imax has a presence in more than 80 countries, and the reopening process...
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PreMarket Prep Stock Of The Day: AMC Entertainment
Monday, May 11, 2020 - 1:00pm | 871Read More...Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session. On any given...
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Amazon Might Be Looking To Buy Struggling AMC Theaters: Report
Monday, May 11, 2020 - 10:35am | 295Read More...Amazon.com (NASDAQ: AMZN) is considering buying AMC Theatres (NYSE: AMC) which owns Odeon Cinemas in the U.K., The Mail reported Sunday, citing unnamed sources. The two held talks about a potential takeover of AMC by Amazon, but it is unclear if the discussions are still active or if they...
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MKM Says Bankruptcy Possible For AMC Entertainment As Movie Theaters Sit Empty
Thursday, April 9, 2020 - 12:48pm | 426Read More...With theaters likely to remain closed until August as a result of the coronavirus pandemic, the fate of National CineMedia, Inc. (NASDAQ: NCMI) and AMC Entertainment Holdings Inc (NYSE: AMC) will depend on their liquidity profile, according to MKM Partners. National CineMedia: Shaken But Still...
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NBCUniversal Releases Movies On-Demand Same Time As Theaters Due To Coronavirus
Tuesday, March 17, 2020 - 1:10am | 443Read More...Comcast Corporation (NASDAQ: CMCSA) subsidiary NBCUniversal is bypassing the theatrical window for its movie releases as the coronavirus (COVID-19) outbreak forces social distancing. What Happened Universal Pictures' upcoming release "Trolls World Tour" will become the first...
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'The Oscar Goes To...' 38 Jaw-Dropping Prop Bets, Betting Lines For The 2020 Academy Awards
Friday, February 7, 2020 - 3:38pm | 1427Read More...It's time to roll out the red carpet. The most outstanding film stars will descend upon Dolby Theater for the 92nd Academy Awards on Feb. 6. If movies aren't your cup of tea, delving into prop bets is a great way of adding intrigue when watching this year's Oscars. Quick Look: the best...
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Adam Sandler Expands Netflix Deal, Will Make More Movies
Friday, January 31, 2020 - 1:45pm | 386Read More...Streaming video giant Netflix Inc (NASDAQ: NFLX) and Adam Sandler have extended their existing relationship to make four more movies. Netflix and Sandler's relationship dates back to 2014 and was renewed in 2017. On Friday, Netflix announced Sandler's "Murder Mystery" ranks as its...
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Decade Of Disney: Here Are The Top 10 Grossing Movies Of The 2010s
Monday, December 23, 2019 - 1:50pm | 344Read More...At the movies, it was a decade of Disney. Seven of the top 10 grossing movies of the 2010s at the box office came from Walt Disney Co. (NYSE: DIS), topped by 2019's "Avengers: Endgame," the top grossing film of all time. "Endgame" wasn't the only Avengers movie to draw...
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Netflix Disrupts Hollywood, Market As Top Stock Of The Decade
Monday, December 23, 2019 - 12:30pm | 533Read More...Streaming media giant Netflix Inc (NASDAQ: NFLX) has taken home another award, this time from Wall Street: the top-performing stock of the decade. Netflix's Decade-Long Run Netflix stock is up a whopping 4,181% from the first trading day in 2010 through Friday,...
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Bank Of America Downgrades AMC Entertainment, Says Stock 'Feeling A Little Frozen'
Wednesday, December 18, 2019 - 10:40am | 371Read More...Movie theater chain AMC Entertainment Holdings Inc (NYSE: AMC) remains well-positioned within the exhibition marketplace but the bearish case for the stock can still be made, according to Bank of America. The Analyst Bank of America analyst Bryan Goldberg downgraded AMC Entertainment from...
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'Frozen 2' Continues To Bring The Heat, Disney Continues To Set Box Office Records
Tuesday, December 17, 2019 - 4:00pm | 545Read More...The Kingdom of Arendelle from "Frozen 2"' may be shrouded in ice, but the studio behind the film couldn't be more on fire. The hit sequel pushed Walt Disney Co (NYSE: DIS) past $10 billion in box office receipts earlier this month, the first studio ever to hit that mark. '...
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Mattel CEO: We Are More Than Just A Toy Company
Thursday, December 5, 2019 - 6:00pm | 418Read More...Mattel Inc (NASDAQ: MAT) needs to be known as more than just a toy maker and the ultimate success of the company depends on successful expansions into new ventures, company CEO Ynon Kreiz, told CNBC's Jim Cramer on Wednesday. What Mattel Is Doing Beyond Toys Mattel's core product is...
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Hollywood's 'Tepid' Climate Due To Competition From The Entire Internet
Monday, December 2, 2019 - 4:30pm | 468Read More...Recode senior media editor Peter Kafka has one word to describe the Hollywood box office environment: tepid. The failure of recent films on the big screen is mostly due to consumers having plenty of reasons not to get up from the couch and drive to the theaters, Kafka said Monday on CNBC. For...
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'The Irishman' Has Star-Studded Cast, But Netflix Is Forgoing Wide Cinematic Release
Friday, November 8, 2019 - 11:07am | 457Read More...The cast of Martin Scorsese's "The Irishman" includes Robert De Niro, Al Pacino and Joe Pesci, and it cost $100 million to make. So why isn't Netflix Inc (NASDAQ: NFLX) looking to release the film nationwide on the big screen before it streams? What Happened Scorsese worked with...
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'Lion King' Roars To $185M At The Box Office, Exceeding Disney's Expectations
Monday, July 22, 2019 - 9:35am | 328Read More...Walt Disney Co (NYSE: DIS) set a new record after its remake of the animated classic "The Lion King" took in $185 million over the opening weekend. What Happened The strong performance surpassed Disney's own expectations at $150 million domestically. "The Lion King" received...
