article thumbnail

Video entertainment in 2030

McKinsey

McKinsey experts predict that video entertainment, in all its forms, will become more immersive, gamified, and personalized. Our Insights Media & Entertainment

article thumbnail

World Wrestling Entertainment, Bed Bath & Beyond, Tesla, Costco

CFO News Room

World Wrestling Entertainment — Shares advanced 9.7% Chief Brand Officer and TV Personality of WWE, Stephanie McMahon delivers her keynote address at the opening of Sports Matters in conjunction with All That Matters 2016 in Singapore on September 14, 2016. Roslan Rahman | AFP | Getty Images.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

AMC Entertainment, Tesla, Micron, Under Armour and more

CFO News Room

AMC Entertainment — Shares plummeted 14.8% Pedestrians pass in front of an AMC theater in New York. Scott Mlyn | CNBC. Check out the companies making headlines in midday trading.

article thumbnail

Digital Solutions Economy in the Media and Entertainment Industry

Bramasol

This new episode in our ongoing series on the Digital Solutions Economy (DSE) provides an overview of how DSE is impacting the Media and Entertainment industry. Some of the key challenges in the media and entertainment sector include: Navigating huge changes in the competitive landscape.

article thumbnail

AT&T, AMC Entertainment, UPS and more

CFO News Room

AMC Entertainment (AMC) – The movie theater operator’s stock rallied 4.7% Markets News AMC Entertainment Holdings Inc AT&T Inc BioNTech SE Breaking News: Markets business news Cirrus Logic Inc Discovery Inc Earnings Exxon Mobil Corp FedEx Corp Investment strategy Market Insider markets New York Times Co Pfizer Inc Sanmina Corp Sirius XM Holdings Inc UBS Group AG United Parcel Service Inc wall street

article thumbnail

Dave & Buster’s to Buy Family Entertainment Company Main Event for $835 Million

CFO News Room

Dave & Buster’s Entertainment Inc. said it has agreed to buy family entertainment company Main Event in a deal valued at $835 million.

article thumbnail

Square Names Blizzard Entertainment Executive As Next CFO

PYMNTS

Square , Jack Dorsey’s digital payments company, announced Thursday (January 3) that it named Blizzard Entertainment chief financial officer Amrita Ahuja as its new CFO. In her current role at Blizzard Entertainment, the unit of Activision Blizzard, Ahuja oversees the financials for a business that has more than $2 billion in annualized revenue. Personnel Blizzard Entertainment CFO digital payments News Payment Methods Square What's Hot

article thumbnail

Expect Another Year Before Sports, Entertainment Venues Reopen

PYMNTS

Coronavirus COVID-19 entertainment FANS Health News social distancing sports venues What's Hot

article thumbnail

Can Sports And Entertainment Really Spark Mall Revivals?

PYMNTS

That’s the thought one gets when reading news via Bloomberg , which reported “when shoppers visit the long-awaited American Dream mega-mall in New Jersey this spring, they can expect to see it crammed with stores, restaurants and entertainment activities.”. Long live physical retail.

article thumbnail

Alibaba Tracker: Entertainment Value

PYMNTS

But the largest moves in recent weeks signal that the push to reach entertainment media dominance in China is gaining momentum, especially when it comes to the production of original film, television and streaming content. Alibaba first invested in Damai back in 2014; now, Damai’s ticketing platform will reportedly form a strategic part of the entertainment value chain. The Damai acquisition is just the latest in a string of entertainment industry investments.

article thumbnail

Digital Shifts In Entertainment, Retail Logistics And Dining

PYMNTS

Family Video , America’s last major video rental store chain, plans to shutter all of its brick-and-mortar stores. In logistics, Amazon and Walmart are throwing everything from drones to driverless trucks into the battle for the shopper’s whole paycheck.

article thumbnail

Payroll In Entertainment A Challenging Production, Says GreenSlate

PYMNTS

In the entertainment industry, there are certainly commonalities with businesses of other sectors. For example, Mike Leiba, COO of GreenSlate , said the continued reliance on paper checks challenges both the accounts payable (AP) and payroll functions of entertainment industry employers. However, Leiba, whose company targets the entertainment sector with its accounting and payroll offerings, spoke with PYMNTS about some of the hurdles this industry faces more than others.

article thumbnail

Alibaba Grows Entertainment Value With Damai Acquisition

PYMNTS

Ali announces its acquisition of Damai, part of our big entertainment strategy,” the firm said on its Sina Weibo platform. Damai’s ticketing platform will reportedly form a strategic part of the value chain in Alibaba’s push to grow its media and entertainment business. The Damai acquisition is just the latest in a string of entertainment industry investments. billion) for new projects in media and entertainment.

article thumbnail

Hasbro To Acquire Entertainment One For About $4B

PYMNTS

In an all-cash deal, Hasbro will purchase Entertainment One for 3.27 Hasbro Chief Executive Officer Brian Goldner said, according to the report, “Hasbro will leverage eOne’s immersive entertainment capabilities to bring our portfolio of brands that have appeal to gamers, fans and families to all screens globally.” Retail Entertainment One eOne hasbro M&A Monopoly News toys What's Hotbillion pounds or roughly $4 billion in cash.

article thumbnail

Private Equity Firms Look For Investments Among Hard-Hit Travel, Energy And Entertainment Sectors

PYMNTS

Those companies, like Blackstone , Carlyle and KKR , are in possession of more than $1 trillion in cash and could be ready to start using it as the coronavirus delivers death blows to companies in industries like travel, entertainment and energy.

article thumbnail

Weird Commerce: Sobro Delivers Ultimate Entertainment Experience

PYMNTS

Enhancing the entertainment experience for consumers has been a hot topic over the past few years, and companies are starting to take notice. One company that’s helping lead the charge for providing the ultimate entertainment experience is startup tech company, Sobro Design. weird commerce binge-watch bluetooth speakers coffee table connected lifestyle connectivity entertainment Evan Dash Innovation News refrigerator Retail Sobro Sobro Designs startups Storebound Technology

article thumbnail

Entertainment Destinations Could Save Traditional Malls

PYMNTS

And now some developers, retailers and entertainment producers believe that immersive destinations could potentially fill millions of square feet of empty retail space. With brick-and-mortar retailers closing hundreds of stores, the future of the mall has looked bleak. But some say tales of its impending death have been exaggerated.

article thumbnail

Chatbot Tracker: Entertaining Bots And Their Potential To Kill Apps

PYMNTS

But is this “entertaining bot” just entertaining an interest? Chatbots’ capabilities seem to be extending and expanding weekly. They can help consumers bank easier, ship and track gifts quicker, plan a vacation with less stress and even talk to those who have passed away. Now, chatbots can even help plan a party. Beverage company Pernod Ricard launched a chatbot bartender that helps party hosts create cocktails for their event.

article thumbnail

How AP Simplicity Can Help Entertainment Talent Get Paid On Time

PYMNTS

The already-sizable online entertainment sector is growing quickly as consumers who are staying at home during the pandemic turn to eMagazines, digital movie rentals and streaming services to stay engaged.

article thumbnail

Big US Mall Operators Look To Sports Entertainment For Growth

PYMNTS

Allied Esports describes itself as “a premier esports entertainment company with a global network of dedicated esports properties and content production facilities.” And as this new Simon investment suggests, entertainment could also play a part in helping mall operators survive or perhaps even find growth. And now some developers, retailers and entertainment producers believe that immersive destinations could potentially fill millions of square feet of empty retail space.

article thumbnail

Walmart Amazon Whole Paycheck Tracker: Grocery Upgrades, Entertainment Expansions

PYMNTS

As the spending season gets into gear with Black Friday looming on the horizon, the action is getting more interesting in the Walmart-Amazon race for the consumer’s whole paycheck. The moves are getting broader (particularly on Amazon’s side) and deeper (particularly on Walmart’s side). The question, in the final countdown to prime shopping time nationwide, is how much ground can be covered — and where the strategic hold points will ultimately shake out.

article thumbnail

Modi Is Hurting Himself by Brawling With the BBC

CFO News Room

Sadanand Dhume writes a biweekly column on India and South Asia for WSJ.com. He focuses on the region’s politics, economics and foreign policy. Mr. Dhume is also a resident fellow at the American Enterprise Institute in Washington, D.C. Previously he worked as the New Delhi bureau chief of the Far Eastern Economic Review (FEER), and as Indonesia correspondent for FEER and The Wall Street Journal Asia.

CFO 100
article thumbnail

Broadway Is ?Frozen? By The Pandemic, And Live Entertainment?s Future Looks Chilly As Well

PYMNTS

Summer looms, and for those who had hoped for some return to normalcy — baseball games, movies, trips to New York City to see well, anything — those hopes appear dashed to a large measure.

article thumbnail

Musicians, Actors Seek Overhaul to California Contract Law

CFO News Room

Artists and actors are squaring off with record labels and film studios over a California bill that would limit how long entertainers can be held in exclusive contracts.

article thumbnail

VR Startups Create Entertainment Locations In Old Retail Space

PYMNTS

The Void, another VR entertainment company has a VR park in Lindon, Utah which combines a physical set with VR film experiences. Virtualities, the company that runs virtual reality theaters and arcades, has been opening up locations in strip malls and retail space that are being abandoned due to the move toward online shopping.

article thumbnail

Entertainment Brands Reel In Subscribers With Rewards In The Netflix Age

PYMNTS

Big entertainment brands are growing their subscription offerings in hopes of creating engaging relationships with their customers. According to some observers, Netflix can raise its price as long as it provides the kinds of entertainment that viewers value.

article thumbnail

The Song of the Summer Could Be Harry Styles, Jack Harlow, or Even Something From 2020

CFO News Room

This year’s Memorial Day weekend soundtrack might be dated. Radio DJs and music tastemakers are placing bets on which new hot track will be crowned “song of the summer,” played at barbecues, pool parties and on windows-down car trips.

article thumbnail

‘Top Gun: Maverick’ Loses Chinese Investor Due to Pro-U.S. Messaging

CFO News Room

In an entertainment industry full of uncertainty, few movies seemed as sure a bet as a sequel to the 1986 classic “Top Gun.”. The Chinese tech firm Tencent Holdings in 2019 signed on to co-finance the film, which the Shenzhen-based conglomerate hoped would yield a windfall at the box office.

article thumbnail

Discontent With Disney Over Bill Adds to Trouble for CEO Bob Chapek

CFO News Room

The strategy was meant in part to help the entertainment giant avoid the culture clashes between executives and employees that have plagued many companies in recent years, said people familiar with his thinking. Walt Disney Co.

article thumbnail

Apple TV — Now Bringing Consumers Pizza With Their Entertainment

PYMNTS

Siting in front of the TV and eating is such a prominent American activity that if we were a more self-aware nation we would likely declare it our national pastime instead of baseball. And while we may not quite know ourselves well enough to admit that we as a nation are ready to medal in “eating pizza while zoning out to reality TV,” it seems the team in Cupertino does know us that well — and thus is making it possible to order a pizza from one’s Apple TV.

article thumbnail

Disney Decides to Go for Woke

CFO News Room

If executives of the Walt Disney Co. are serious about tackling the endemic poison of cisgendered-white-patriarchal ideology in our wicked society, it’s high time they revisited their enormous back-catalog of works that have promoted this pernicious propaganda for too long.

article thumbnail

Update Bricks Lexus’ Dashboard Navigation And Entertainment System

PYMNTS

At the same time that Tesla is defending itself from drivers who are trying to claim that its sophisticated self-driving features are causing them to lose control and barrel off the road, Lexus is learning that, sometimes, the connected car can be more of a headache than strictly mechanical vehicles ever were.

article thumbnail

Netflix, Facing Reality Check, Vows to Curb Its Profligate Ways

CFO News Room

Streaming service spent lavishly on productions to win subscribers, but now growth has slowed. Source link.

article thumbnail

‘Top Gun: Maverick’ Grabs Memorial Day Weekend Box-Office Record

CFO News Room

In an entertainment industry still trying to take off, “Top Gun: Maverick” provided some much-needed speed. CFO News arts Arts/Entertainment Celebrities Chris Aronson CINE.LN The long-awaited sequel to the 1986 hit opened to a blockbuster $156 million in the U.S.

article thumbnail

Batman Has a Big Hole to Fill for Theaters

CFO News Room

AMC Entertainment. After all, strong demand for cruises, theme parks and concerts show plenty of people willing to jump back into in-person entertainment.