Tag: media

Disney parks are its top money maker; it’s spending to keep it that way
Money

Disney parks are its top money maker; it’s spending to keep it that way

It had been more than a year since the Covid pandemic had forced Disney's domestic parks to shutter, but D'Amaro, chair of Disney's experiences division, was confident guests would flood back in when the gates reopened.His confidence was well founded. D'Amaro's division is now Disney's best-performing segment, rebounding and offering stability in recent quarters as Disney shuffles to adapt its entertainment business to match consumer habits that changed after the pandemic.On that quiet day in 2021, D'Amaro had been in charge of the parks, experiences and consumer products division, now just called experiences, for only a little more than a year. He took the helm when Bob Chapek was tapped as CEO in early 2020. D'Amaro spent much of those 12 months dealing with substantial operating losses...
Big Tech Braces for Wave of Antitrust Rulings in 2024 
Technology

Big Tech Braces for Wave of Antitrust Rulings in 2024 

U.S. antitrust cases against tech giants Google and Meta Platforms are expected to come to a head in 2024, likely producing long-awaited rulings that could shape the legacies of top Biden administration regulators.Silicon Valley and its critics have seen their patience tested on some of these cases. A U.S. antitrust case brought against Alphabet’s Google unit in 2020 went to trial in 2023 and now heads to closing arguments in May.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Why Max Decided to Lose ‘HBO’ in Its Name
World

Why Max Decided to Lose ‘HBO’ in Its Name

Warner Bros. Discovery sliced “HBO” from the name of its “HBO Max” streaming service earlier this year, sacrificing a seminal television brand name to convince consumers that it offers more than HBO’s style of programming.But the company is navigating a difficult time in streaming, as a growing mountain of competitors scramble for subscription fees and ad revenue. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Hollywood’s Box Office Recovery Needs Rewrite
Money

Hollywood’s Box Office Recovery Needs Rewrite

2023 may be over, but Hollywood’s painful reckoning isn’t—especially at the box office. This year’s holiday season has largely been a lump of coal for the movie industry. Domestic box office receipts for the season starting the first week of November have barely crossed the $1 billion mark. That is actually below the same period in each of the past two years, which had been helped by the release of mega-blockbusters like “Avatar: The Way of Water” and “Spider-Man: No Way Home.” It is also less than half the $2.3 billion average for the holiday season in the prepandemic years of 2015 to 2019, according to Box Office Mojo. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Hollywood’s Box Office Recovery Needs Rewrite
World

Hollywood’s Box Office Recovery Needs Rewrite

2023 may be over, but Hollywood’s painful reckoning isn’t—especially at the box office. This year’s holiday season has largely been a lump of coal for the movie industry. Domestic box office receipts for the season starting the first week of November have barely crossed the $1 billion mark. That is actually below the same period in each of the past two years, which had been helped by the release of mega-blockbusters like “Avatar: The Way of Water” and “Spider-Man: No Way Home.” It is also less than half the $2.3 billion average for the holiday season in the prepandemic years of 2015 to 2019, according to Box Office Mojo. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
We Aren’t Posting on Social Media as Much Anymore. Will We Ever?
Technology

We Aren’t Posting on Social Media as Much Anymore. Will We Ever?

Lots of people log in to social media every day. Fewer and fewer are actually posting.Isaiah Hug spends roughly two hours a day scrolling through Instagram, but his last post to his main feed was over a year ago. He occasionally posts stories, which vanish after 24 hours.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
We Aren’t Posting on Social Media as Much Anymore. Will We Ever?
World

We Aren’t Posting on Social Media as Much Anymore. Will We Ever?

Lots of people log in to social media every day. Fewer and fewer are actually posting.Isaiah Hug spends roughly two hours a day scrolling through Instagram, but his last post to his main feed was over a year ago. He occasionally posts stories, which vanish after 24 hours.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8