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Critics say California got too little in deal to let Paramount buy Warner Bros
Reuters3d agobullish
Critics say California got too little in deal to let Paramount buy Warner Bros

WASHINGTON, Sept 21 (Reuters) - Critics swiftly decried a California-driven settlement with Paramount Skydance that cleared the way for its $110 billion acquisition of Warner Bros Discovery, saying it will hurt competition in Hollywood, failed to protect jobs and lacks substantial ‌concessions from the media conglomerate. Opponents of the merger accused California Attorney General Rob Bonta and Governor Gavin Newsom of caving to wealthy interests, particularly ‌Paramount CEO David Ellison, afte

AMC credit upgrade comes with a catch
TheStreet55d agobullish
AMC credit upgrade comes with a catch

AMC Entertainment (AMC) has received one of the clearest signs yet that its financial position is improving. S&P Global Ratings raised the issuer credit rating of the movie theater operator to B- from CCC+ with a stable outlook. The ratings firm pointed to improved operating performance, ...

IMAX Stock Crests Buy Point On Pre-Odyssey Earnings Surge
Investor's Business Daily63d agobullish
IMAX Stock Crests Buy Point On Pre-Odyssey Earnings Surge

IMAX stock projected an early entry buy signal on Thursday morning as a Q2 earnings beat added to momentum from its best-ever opening weekend. Christopher Nolan's "The Odyssey," the first-ever theatrical release shot in IMAX's largest and highest-resolution film format, delivered a record-breaking $52 million first-weekend haul for the immersive IMAX theaters alone. The blockbuster opening helped send AMC Entertainment past an early buy point on Monday but the liftoff for IMAX shares was postponed until after earnings.

Investing.com66d agobullish
AMC Entertainment soars on record quarterly results

Investing.com -- AMC Entertainment Holdings, Inc. (NYSE: AMC) reported second-quarter results that exceeded analyst expectations, with the company posting its highest quarterly revenue and adjusted EBITDA in its 106-year history.