"I don't know if there will be any in 10 years" Jimmy Kimmel, the longstanding host of Jimmy Kimmel Live!, has expressed doubt about the future of late-night television on network TV. After more than 21 years at the helm of his show, Kimmel signed a new three-year deal in 2022, though he had been uncertain about continuing. One of his reasons for staying was concern over what he would do next if he left the show. However, his worries [...]

At the D23 Expo - The Ultimate Disney Fan Event – Disney laid out its plans for box office success, with a strong focus on animated sequels and the ever-popular Baby Yoda. The 3 days celebration, held at the Honda Center and at the Convention Center in Anaheim, featured a dazzling array of presentations from Disney Animation, Pixar, Lucasfilm, and Marvel Studios. Fans were treated to trailers, first-look footage, live performances, and even some interactive magic. Disney CEO Bob Iger, [...]

TikTok may be facing a countdown in the U.S., but for now, it continues to make waves, not without controversy. The popular Chinese video-sharing app has introduced a new marketing tool called Spotlight, designed to help entertainment marketers harness content generated by its user base of over 1 billion people. The main entry point for TikTok is the For You feed, an algorithmically generated discovery hub showing videos that users are most likely to engage with. Spotlight is set to [...]

Paramount Global has a gaming problem. David Ellison is coming to the rescue. Paramount has produced some of cinema’s most iconic classics, such as Titanic, Forrest Gump, and The Godfather, just to name a few. However, its gaming efforts have faltered, remaining a minor part of the company without gaining significant traction. Ellison’s Skydance Media acquisition offers a chance to turn this around, thanks to its two internal game studios—Skydance Interactive and Skydance New Media. Jeff Shell, who will become [...]

Meta is doing great. The parent company of Facebook and Instagram delivered an impressive performance in the second quarter (Q2) of 2024, surpassing market expectations and sending its stock higher. The company reported revenue of $39.07 billion, marking a 22% year-over-year increase and exceeding analysts' forecasts of $38.31 billion. This represents the fourth consecutive quarter of growth. Net income soared 73% to $13.47 billion, or $5.16 per share, outperforming the expected $4.73. People using Facebook, Instagram, WhatsApp, and Messenger everyday [...]

U.S. stocks, which plunged at the market open Monday, saw little respite during the session and closed at or near their lows in a major correction. The Dow Jones Industrial Average ended off 1,033 points, down 2.6%. The Nasdaq fell by 3.4%, and the S&P 500 by 3%. Fears of a U.S. recession cascaded across global markets with the DJIA down a whopping 1,200 points premarket, and off more than 1,000 in early trading. A selloff in Japan overnight first [...]