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BUSINESS

CEO Pay Increases and Heads for New Record as Pandemic Recedes

Business, Published on 05/04/2022

» Pay increases for U.S. chief executives have gained steam, putting compensation on pace to set a record amid a tight labor market that is also driving pay higher for many of their workers.

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BUSINESS

'Spider-Man' Complicates Movie Theater Recovery Plot

Business, Published on 30/12/2021

» It is too bad Sony can't make a new Spider-Man movie every weekend.

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BUSINESS

Hollywood Movies Flood Piracy Sites Hours After Release

Business, Published on 27/08/2021

» Millions of people are watching high-quality, pirated online versions of Hollywood's top movies sooner than ever after their releases, undermining potential ticket sales and subscriber growth as the industry embraces streaming.

BUSINESS

Amazon's Planned Purchase of MGM Faces FTC Scrutiny

Business, Published on 24/06/2021

» The Federal Trade Commission will be the agency to review Amazon.com Inc.'s proposed acquisition of Hollywood studio MGM, according to people familiar with the matter, just as the commission gets a new chairwoman who has been critical of the online giant's expansion.

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BUSINESS

Amazon to Buy MGM, Bagging a Lion to Help Wage Streaming Battle

Business, Published on 28/05/2021

» Amazon.com Inc. said it has agreed to acquire the Hollywood studio MGM in a deal that the e-commerce company is betting can jump-start its Prime Video streaming platform and position it to compete with industry heavyweights including Netflix Inc. and Walt Disney Co.

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BUSINESS

Netflix Movies Turn Up in a Surprising Place: Theaters

Business, Published on 17/05/2021

» The nation's movie theaters are running out of movies. Some are turning to an unlikely source for more: Netflix Inc.

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BUSINESS

Pandemic Boosted Netflix, Other Streaming Players in 2020

Business, Published on 01/01/2021

» The past 12 months were billed as the year when a flood of new entrants would force streaming services to wage an all-out war for subscribers. Instead, incumbents and rookies alike feasted on a base of shut-in customers eager for more things to watch.

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BUSINESS

Universal Tosses Cinemas a Lifeline While Testing New Distribution Model

Business, Published on 21/10/2020

» Comcast Corp.'s Universal Pictures is releasing substantially more films to theaters this holiday season as it tries to spur attendance for troubled cinemas -- and boost its push to reset distribution norms by making movies available sooner for online rental.