Lucky Strike Entertainment fell short of revenue expectations in its latest quarter, posting modest growth amid margin pressures. However, the company's full-year outlook and strategic focus on integrating new assets and streamlining its brand portfolio suggest a pivotal transition year ahead.
Sony Group's entertainment giant reported a 12% year-over-year decline in fiscal third-quarter sales, dragged down by weaker theatrical and television production results, while its music and gaming divisions continued to show robust growth.
Brazilian conglomerate Cosan S.A. moves forward with liability management, fully redeeming 2030 and 2031 bonds as part of a broader effort to streamline its capital structure. The stock's low forward P/E ratio draws attention from value-focused investors.
Sony Pictures Entertainment posted a 12% year-over-year decline in fiscal third-quarter revenue to $2.3 billion, while its parent company, Sony Group, reported a robust 22% profit surge driven by strength in other divisions.
Tencent Music Entertainment's (TME) shares have retreated sharply in recent weeks, reigniting the debate over its valuation. While a key financial model suggests the stock is now deeply undervalued, market sentiment tells a more complex story. We examine the numbers and the narratives shaping this pivotal moment for China's music streaming giant.
Caesars Entertainment launches the second phase of its major Lake Tahoe renovation, expanding amenities and partnerships to attract a higher-end clientele. The move comes as the company's strong long-term shareholder returns show signs of recent softening, despite a bullish fair value estimate.
Sony Group Corp. posted a robust 22% jump in third-quarter operating profit, exceeding market forecasts. The Japanese conglomerate subsequently raised its annual profit guidance, pointing to the sustained performance of its music division as a key driver.
Caesars Entertainment shares surged 8% following the announcement of the next phase in its major Lake Tahoe property transformation, signaling investor optimism for its strategic upgrades amid a volatile trading history.
Fox Corp. CEO Lachlan Murdoch points to the network's most successful fall season launch in over a decade as evidence of a revitalized entertainment strategy, even as sports and news remain its financial bedrock.
Strauss Zelnick clarifies that while AI tools are used extensively across Take-Two Interactive, Rockstar Games' upcoming blockbuster is being built entirely by human creators, drawing a clear line between development tools and the final entertainment product.
Bob Iger steps down after a transformative yet turbulent second act, leaving successor Josh D'Amaro to navigate streaming wars, creative challenges, and investor pressure at the entertainment giant.
Netflix's proposed $82.7 billion takeover of Warner Bros. Discovery drew sharp questions from U.S. senators concerned about competition, consumer choice, and the future of entertainment jobs.
Once a sprawling media conglomerate, Grupo Televisa has transformed into a focused connectivity and content player. With its shares trading at a steep discount to book value and key assets like the profitable ViX platform overlooked, analysts see a compelling bull case ahead of the 2026 FIFA World Cup.
All eyes are on Sirius XM Holdings Inc. (SIRI) as it prepares to report fourth-quarter results Thursday morning. Investors will scrutinize subscriber trends and revenue performance amid a mixed landscape for satellite and audio entertainment.
As Honeywell International advances its plan to separate its Aerospace unit, analysts see a classic value-unlocking story. Beyond the spin-offs, the conglomerate's significant stake in quantum computing firm Quantinuum adds a layer of high-tech optionality to its steady industrial core.
Disney's board of directors has unanimously appointed Josh D’Amaro as the company's next CEO, with Dana Walden named President and Chief Creative Officer. Chairman James Gorman calls the succession plan a 'clean' and deliberate process, marking a strategic reset for the entertainment giant.
After two transformative decades, Disney CEO Bob Iger sets his retirement date, paving the way for Experiences division chief Josh D'Amaro to take the helm in 2026, as the entertainment giant navigates a pivotal transition.
Crypto.com has unveiled 'OG,' a new prediction market platform that combines social engagement with CFTC-regulated contracts on sports, politics, and entertainment, introducing margin trading to the sector for the first time.
The Walt Disney Company announces Josh D'Amaro, current head of parks and consumer products, will take the CEO reins from Bob Iger in 2026, while Dana Walden ascends to Chief Creative Officer, marking a pivotal leadership transition for the entertainment giant.
Activist investor Nelson Peltz questions the rationale behind Josh D'Amaro's CEO appointment at Disney, implying Bob Iger's continued influence and highlighting D'Amaro's lack of core entertainment experience.
