Florida set to dissolve Disney’s Reedy Creek special district

Florida Gov. Ron DeSantis has his guns pointed at Disney World. On Thursday, the Republican-held Florida legislature passed a bill seeking to dissolve a special district that allows the Walt Disney Company to act as its own government within the outer limits of Orange and Osceola counties. The bill passed the state Senate on Wednesday … Read more

Earnings preview: Is Disney+ in for a wake-up call like Netflix?

Is the Walt Disney Co. headed for a subscriber miss, like its biggest streaming rival? disney SAY, -3.00% has ferociously eaten into rival Netflix Inc.’s NFLX, -4.35% subscriber base since launching Disney+ in November 2019, climbing to 129.8 million subscribers. That is more than half of Netflix’s total of 219.6 million, which declined by 200,000 … Read more

Same-day theatrical and streaming releases are dead, says NATO’s John Fithian

NATO President and CEO John Fithian speaks onstage during the CinemaCon 2021 State of the Industry and MGM/UAR Presentation at The Colosseum at Caesars Palace during CinemaCon, the official National Association of Theater Owners Convention on August 24, 2021 in Las Vegas, Nevada. david becker | Getty Images Entertainment | Getty Images LAS VEGAS – … Read more

Warner Bros. First Quarter 2022 Results Discovery (WBD)

David Zaslav Anjali Sundaram | CNBC Discovery of Warner Bros. Shares fell on Tuesday after the company warned that its 2022 profit would fall short of expectations given a “messy” mix of assets. Chief Financial Officer Gunnar Wiedenfels said on the company’s first earnings conference call since the merger of WarnerMedia and Discovery that “unexpected … Read more

What happens when people use TikTok and Instagram to plan their trip

Nearly one in three travelers turn to social media for vacation inspiration, according to a new study. The numbers are even higher for younger travellers. According to an April 2022 report by travel agency Arrivia, some 60% of Gen Zers and 40% of millennials use social media for travel purposes. On TikTok alone, the “travel” … Read more

What happens when people use TikTok and Instagram to plan their trip

Nearly one in three travelers turn to social media for vacation inspiration, according to a new study. The numbers are even higher for younger travellers. According to an April 2022 report by travel agency Arrivia, some 60% of Gen Zers and 40% of millennials use social media for travel purposes. On TikTok alone, the “travel” … Read more

Theater owners optimistic about 2022 box office ahead of CinemaCon

Image from “Doctor Strange in the Multiverse of Madness”. disney Superhero movies have kept the box office afloat this year, prompting theater operators to believe that audiences may finally be ready to return to cinemas in droves. Domestic ticket sales for the first four months of the year are still down around 40% from pre-pandemic … Read more

Lessons Buffett and Zuckerberg learned from these business books

There’s no shame in finding business tips and tricks on TikTok. But if you want to follow in the footsteps of your favorite entrepreneur or tech titan — think Berkshire Hathaway CEO Warren Buffett or Meta founder Mark Zuckerberg, for example — you might want to open one of the books where they picked up … Read more

Lessons Buffett and Zuckerberg learned from these business books

There’s no shame in finding business tips and tricks on TikTok. But if you want to follow in the footsteps of your favorite entrepreneur or tech titan — think Berkshire Hathaway CEO Warren Buffett or Meta founder Mark Zuckerberg, for example — you might want to open one of the books where they picked up … Read more

How Netflix’s password-sharing crackdown is likely to work

Netflix signage next to the Nasdaq MarketSite in New York, U.S. on Friday, January 21, 2022. Michael Nagle | Bloomberg | Getty Images netflix surprised the world this week, saying it was finally planning to tackle the rampant practice of password sharing. More than 100 million households use a shared password, Netflix said on Tuesdayincluding … Read more