Latest in Earnings

Endeavor Group Holdings, which is navigating the return of production and live events after the worst of the Covid-19 pandemic, reported mixed second-quarter results. The company said Monday that revenue in the period ending June 30 increased $650 million from the year-earlier quarter to $1.1 billion. That fell short…

UPDATED with closing price. Disney stock gained 1% to close at $181.08, as momentum slowed over the course of the day but still reflected the afterglow from Thursday’s earnings report. PREVIOUSLY: Disney stock entered the home stretch of the trading day up nearly 2% amid widespread cheers on Wall Street for its…

Sizing up Disney’s pivot to streaming during the company’s fiscal third-quarter earnings call, CEO Bob Chapek said, “We’re in the first inning of the first game of a long season.” The company got into the direct-to-consumer game in earnest less than two years ago, Chapek maintained. In that time, Disney+ has expanded…

Disney earlier this month exercised its right to buy the NHL's 10% stake in streaming technology services group BAMTech for $350 million in a deal expected to close by the end of September. In its quarterly report filed with the SEC – which is more detailed than the earnings press release from earlier this afternoon…

UPDATED with additional details from Disney earnings call: The revenue for Black Widow wasn't to be found in Disney's last earnings report Thursday, but the fallout from Scarlett Johansson's explosive lawsuit against the House of Mouse certainly was. Showing a surge in Disney+ subscribers from the same time last year…

Disney’s parks and resorts division swung to the black last quarter in a slow turnaround for one of the nation’s sectors hardest hit by the global pandemic. On a conference call with analysts post-earnings Thursday, CEO Bob Chapek said the fast spreading Delta variant is — so far — really only impacting big groups and…

Disney exceeded forecasts by Wall Street analysts for its fiscal third quarter, delivering adjusted earnings per share of 80 cents, up from just 8 cents in the Covid-hit period a year ago. A year and a half after its launch, Disney+ reached 116 million subscribers as of the end of the quarter on July 3. That’s more…

Chicken Soup for the Soul Entertainment, parent of ad-supported streaming services like Crackle, reported disappointing second-quarter results but showed sharp gains in advertising and licensing revenue. Total revenue came in at $22.1 million, up 64% from $13.5 million in the year-ago quarter but down from $23.2…

AMC Entertainment CEO Adam Aron sees two things protecting the circuit in the face of surging Covid cases trigered by the Delta variant – its own Safe & Clean protocols, and vaccinations. “To our knowledge there has not been a single transmission of Covid by an AMC guest over the past year,” he said. "Most scientific…

AMC Entertainment chairman-CEO Adam Aron said the chain will be technologically equipped to start accepting Bitcoin payments for U.S. movie tickets and concessions ordered online by the end of the year. At a meaty, newsy and somewhat bizarre webcast, Aron also noted the chain will also start accepting Apple Pay and…

In what doesn’t come as shocking news, AMC Entertainment chairman and CEO Adam Aron said Monday that the No. 1 theater chain has inked a deal with Warner Bros, ensuring a 45-day theatrical window for the studio’s releases in 2022. Warners previously hammered out a 45-day theatrical window with No. 2 circuit Cineworld…

AMC Entertainment saw revenue surge to $444 million last quarter from a pandemic-stalled $18.9 million a year ago. Net losses narrowed to $349 million from $561 million. Both beat Wall Street estimates after the numbers were reported Monday, plumping the volatile stock by more than 7% in late trading. The nation’s…