By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -Walt Disney said on Thursday it would boost its dividend by 50% and double its share buyback plan for fiscal 2026, as the media giant’s streaming and parks businesses powered a quarterly earnings beat. Still, shares of the company fell nearly 3% in premarket trading as…
This article first appeared on GuruFocus. Sep 12 – Warner Bros. Discovery (NASDAQ:WBD) shares surged about 29% Thursday and 10% on early Friday trading after reports that Paramount Skydance (NASDAQ:PSKY) is preparing a majority-cash offer for the media company, according to a Thursday report. The proposed bid would target WBD’s entire business, the film studio,…
It seems like some cinema hall is closing down somewhere in Hong Kong every other week. Good. I’m surprised there are still so many cinemas around in this day and age when streaming services have changed the game to the extent of rendering the old model of movie-watching almost obsolete. I don’t go to the…
Hong Kong film-goers snapped up discounted tickets for the final day of operation of Golden Harvest’s MegaBox cinema on Sunday, with some disheartened fans finding comfort in the news that another theatre chain will take over the space soon. In the afternoon, the seven-screen cinema was bustling with long-time regulars and others who were simply…