Hollywood Writer And Actor Strikes Cost California $5 Billion
According to a new report in the Financial Times on Saturday, the Milken Institute, a California think tank, has found that the currently ongoing strike by scriptwriters and actors in…
Disney Stock Plummets As Investors View Iger Plans Skeptically
Thursday saw shares of Walt Disney fall 3.9%, closing at the lowest level seen in nine years, as investor now fear that the next few months will see even deeper…
Disney Loses $250 Million When Fans Fail To Pony Up $4,800 For Two Nights In Star Wars Themed Hotel
In Its quarterly earnings call last week, Disney announced that it had lost $250 million when it was forced to scrap its Star Wars Galactic Starcruiser hotel. Given the hotel…
Square Enix Falls Off Disappointing Final Fantasy XVI Sales
Shares of Square Enix Holdings Co. erased over a full year’s worth of gains, as the company suffered the worst intraday fall in share price in nearly three years, after…
Roku Beats Expectations, But Headwinds Loom
Image courtesy of Wikpedia, under Creative Commons Attribution-Share Alike 4.0 International license. Following an earnings report which beat Wall Street expectations, Roku stock surged 25% Friday, despite the fact the company…
Cordcutters Fleeing Cable TV Companies
Cable TV companies have been hemorrhaging viewers according to a new report from the Leichtman Research Group, which monitors the cable TV and streaming markets. According to the data, cable…
Wells Fargo Downgrades Fox Corp.
Fox Corporation stock has just been downgraded by a major financial services company off of worries over risks, including diminishing earnings and declining viewership. Analysts from Wells Fargo downgraded the…
Lawsuit Accuses Disney Of Paying Women Less Than Men
A new lawsuit accuses Walt Disney of systematically underpaying women in California, alleging that female employees in the state earned $150 million less than male employees over a period of…
Fox News Replaces Tucker Carlson With Jesse Waters
Fox News Corp. has replaced political commentator Tucker Carlson, who was removed from his show but maintained under contract, with Fox personality Jesse Watters, who will now assume Carlson’s prime-time…
Netflix Password Sharing Crackdown Hits The US
Netflix’s (NFLX) has begun its password sharing crackdown in the US. The company broke the news in a blog post in which it revealed it would also be performing the…
