31, Gunn announced a
slate of new projects that will comprise the next
eight to 10 years of content from Warner Bros.
Discovery.
In a social media video, Gunn revealed close to a dozen projects for a new chapter of the DC Extended Universe (DCEU), "Gods and Monsters.".
New films will include 'Superman: Legacy,'
'The Authority,' 'The Brave and the Bold,'
'Supergirl: Woman of Tomorrow' and 'Swamp Thing.'.
New TV projects will include
'Creature Commandos,' 'Waller,'
'Booster Gold,' 'Lanterns' and 'Paradise Lost.'.
One of the things that’s very
important for me in all of these movies and TV series is that the director’s vision and the vision of the writers
and all of the creators is unique, James Gunn, co-CEO of DC Studios, via statement.
Gunn also clarified that moving forward, projects that aren't included in the DCEU will be categorized as part of "DC Elseworlds.".
This includes a 2024 'Joker' sequel and
'The Batman - Part II,' due in 2025.
This includes a 2024 'Joker' sequel and
'The Batman - Part II,' due in 2025.
Upcoming 2023 theatrical releases include
'Shazam: Fury of the Gods,' 'The Flash,'
'Blue Beetle' and 'Aquaman and the Lost Kingdom.'.
Upcoming 2023 theatrical releases include
'Shazam: Fury of the Gods,' 'The Flash,'
'Blue Beetle' and 'Aquaman and the Lost Kingdom.'
Nicholas Hoult is opening up about preparing to play Lex Luthor in James Gunn's upcoming 'Superman.' The actor stopped by the 'Inside of You with Michael Rosenbaum' podcast and spoke about the prep process on the highly anticipated movie, which began production last week.
Credit: The Hollywood Reporter Duration: 01:31Published
James Gunn's 'Superman: Legacy' is getting a big change, its title! In a post celebrating the first day of filming, the DC Studios co-chair revealed that his new Superman movie will simply be called 'Superman.' "When I finished the first draft of the script, I called the film Superman: Legacy. By the time I locked the final draft, it was clear the title was SUPERMAN. Making our way to you July 2025." He then shared an image of the Superman logo from the film, which was previously called 'Superman: Legacy.'
Credit: The Hollywood Reporter Duration: 01:14Published
Timothée Chalamet Signs Multi-Year , First Look Deal With Warner Bros.
The 'Dune' and 'Wonka' star recently became the first actor in over 40 years "to star in the top two domestic-grossing films released in
an 8-month period," Deadline reports. .
The 'Dune' and 'Wonka' star recently became the first actor in over 40 years "to star in the top two domestic-grossing films released in
an 8-month period," Deadline reports. .
Warner Bros. Motion Picture Group co-Chairs
and CEOs Michael De Luca and Pamela Abdy hammered out the company's newest multi-year
first look film deal with the Oscar nominee. .
Over the last few years, we
have admired not only Timothée’s
commitment to his craft, which
is evident in the range and
depth of his varied roles, , Michael De Luca and Pamela Abdy, Warner Bros. Motion
Picture Group co-chairs and CEOs, via statement.
... but also his unwavering
dedication to give 100% of his
time and attention to every
project he has made here at
Warner Bros. and elsewhere. , Michael De Luca and Pamela Abdy, Warner Bros. Motion
Picture Group co-chairs and CEOs, via statement.
His collaboration on the campaigns
for 'Dune' and 'Wonka' is something
we all enjoyed immensely, and
the results speak for themselves. , Michael De Luca and Pamela Abdy, Warner Bros. Motion
Picture Group co-chairs and CEOs, via statement.
We continue to build for the future
of the theatrical film business at
Warner Bros. Discovery and are
thrilled Timothée has chosen our
studio to be his creative home, Michael De Luca and Pamela Abdy, Warner Bros. Motion
Picture Group co-chairs and CEOs, via statement.
Chalamet also issued a statement.
Working with Mike De Luca, Pam Abdy
and their teams on 'Wonka' and 'Dune'
over these last few years has been
a deeply rewarding experience. , Timothée Chalamet, via statement.
These are studio heads who believe
in real movie making, and I’m so
grateful for their support as an
actor, producer and collaborator. , Timothée Chalamet, via statement.
This partnership feels like a
natural next step. Let’s go!, Timothée Chalamet, via statement.
'Dune: Part Two' has grossed over $575 million worldwide so far. 'Wonka' grossed $632 million.
'Dune: Part Two' has grossed over $575 million worldwide so far. 'Wonka' grossed $632 million.
Chalamet is currently filming 'A Complete Unknown,' starring as Bob Dylan and serving as a producer.
Credit: Wibbitz Top Stories Duration: 01:30Published
Actor Will Forte has posted an open letter to the cast and crew of 'Coyote vs. Acme' after he finally got to watch his own film. This news comes amid heavy rumors the film is officially dead following Warner Bros. Discovery's recent quarterly report that included a mysterious $115 million tax write-off. Forte's comments also seem to confirm that the movie will not be released.
Credit: The Hollywood Reporter Duration: 02:12Published
Netflix Exceeds Earnings Estimates , As Subscribers Increase.
Netflix Exceeds Earnings Estimates , As Subscribers Increase.
Netflix released a Q1 earnings report on April 18, indicating that its number of subscribers jumped 16% year-over-year to reach 269.6 million.
Analysts only expected the streamer to have about 264.2 million subscribers, CNBC reports. .
The company also brought in $9.37 billion in revenue versus analysts' expectations of $9.28 billion. .
However, Netflix said that its membership numbers are no longer the main factor contributing to the company's growth.
As a result, the company will stop providing "quarterly membership numbers or average revenue per user" beginning in 2025, CNBC reports. .
Instead, it will divulge "major subscriber milestones as we cross them.".
Price hikes, terminating password sharing
and offering an ad-supported tier are all tactics that have boosted revenue.
Netflix is also seeking to gain traction within the video game space and recently partnered with TKO Group Holdings to offer WWE on the platform.
We’re in the very early days of
developing our live programming and
I would look at this as an expansion of
the types of content we offer, the way
we expanded to film and unscripted and
animation and most recently games, Ted Sarandos, co-CEO of Netflix, via earnings call.
We believe that these kind of event cultural
moments like the Jake Paul and Mike Tyson
fight are just that kind of television, and we
want to be part of winning over those
moments with our members as well, so that
for me is the excitement part of this, Ted Sarandos, co-CEO of Netflix, via earnings call.
As of the morning of April 18,
Netflix's stock was up 27%
Credit: Wibbitz Top Stories Duration: 01:30Published
Google Fires Employees , for Protesting Israel Contract.
28 Google workers have been fired for protesting
a $1.2 billion contract that the company has with
the Israeli government and military to provide
cloud and AI services, NBC News reports. .
The firings follow an April 16 sit-in at
Google's offices in California, New York and Seattle in which nine workers were arrested.
The group that coordinated the demonstration
is known as No Tech for Apartheid. .
Google issued a statement about the recent firings.
A small number of employee
protesters entered and disrupted
a few of our locations. , Google spokesperson, via statement.
Physically impeding other employees’
work and preventing them from
accessing our facilities is a clear
violation of our policies, and
completely unacceptable behavior. , Google spokesperson, via statement.
We have so far concluded
individual investigations that
resulted in the termination of
employment for 28 employees,
and will continue to investigate
and take action as needed, Google spokesperson, via statement.
No Tech for Apartheid claims that the
workers were fired "indiscriminately.".
This excuse to avoid confronting
us and our concerns directly,
and attempt to justify its illegal,
retaliatory firings, is a lie, No Tech for Apartheid, via statement.
Meanwhile, many of Google's workers have
reportedly quit after experiencing "mental health consequences of working at a company that is using their labor to enable a genocide," No Tech for Apartheid said.
On a personal level, I am opposed
to Google taking any military
contracts — no matter which
government they’re with or what
exactly the contract is about. , Cheyne Anderson, a Google Cloud software engineer based
in Washington who was arrested during a sit-in, to CNBC
Credit: Wibbitz Top Stories Duration: 01:31Published
Amazon Cuts Hundreds , of Cloud Computing Jobs.
An Amazon Web Services (AWS)
spokesperson issued a statement about
the job cuts on April 3, CNBC reports. .
We’ve identified a few targeted areas of
the organization we need to streamline
in order to continue focusing our efforts
on the key strategic areas that we
believe will deliver maximum impact, AWS spokesperson, via statement.
We didn’t make these decisions
lightly, and we’re committed
to supporting the employees
throughout their transition to new
roles in and outside of Amazon, AWS spokesperson, via statement.
Cuts are being made to the store technology division “as a result of a broader strategic shift in the use of some applications in Amazon’s owned as well as in third-party stores,” the spokesperson said.
The layoffs come after Amazon announced that it was ending its Just Walk Out technology in Fresh stores.
The cashierless technology is overseen
by teams within the AWS unit. .
Beginning in 2022, Amazon started
its largest layoffs in history by letting
go of 27,000 roles company-wide. .
So far in 2024, the retail behemoth has cut jobs at Audible, Buy with Prime, Prime Video, MGM Studios and Twitch, CNBC reports. .
This latest round of cuts will
allow U.S. employees to collect pay
and benefits for a minimum of 60 days.
They will also be offered a severance package.
Credit: Wibbitz Top Stories Duration: 01:30Published
UPS to Become US Postal Service’s , Main Air Cargo Provider.
On April 1, United Parcel Service announced
that it will replace FedEx as the primary air
cargo provider for the USPS, CNBC reports. .
On April 1, United Parcel Service announced
that it will replace FedEx as the primary air
cargo provider for the USPS, CNBC reports. .
FedEx is walking away from a
22-year partnership after failing to
secure a better contract with the agency. .
FedEx is walking away from a
22-year partnership after failing to
secure a better contract with the agency. .
In fiscal year 2023, USPS paid FedEx $1.73 billion
for its services, down from the $2.4 billion
FedEx received in fiscal year 2020.
The decrease in payments was partially due
to the postal service using more economical
trucks in place of planes, CNBC reports. .
The parties were unable to reach
agreement on mutually beneficial
terms to extend the contract, FedEx, via securities filing.
Since FedEx will lose nearly $2 billion in annual
business from letting go of the contract, .
hundreds of pilots will likely
lose their jobs, CNBC reports .
Following the announcement, UPS shares
increased 1.4% while FedEx stock dropped 1.6%.
FedEx's current contract is
set to expire on Sept. 29
Credit: Wibbitz Top Stories Duration: 01:30Published
Krispy Kreme to Be Sold , at McDonald’s Nationwide.
Krispy Kreme to Be Sold , at McDonald’s Nationwide.
Both food chains made the announcement
on March 26, CNBC reports. .
The rollout will start later this year but will take until the end of 2026 to reach McDonald's nationwide. .
That's because Krispy Kreme will have
to "more than double its distribution"
to meet demand, CNBC reports. .
We think we can service about
6,000 restaurants with our existing
infrastructure, mostly doughnut
shops, which have excess capacity, Krispy Kreme CEO Josh Charlesworth, to CNBC.
Shares of Krispy Kreme jumped 22%
following the announcement.
Krispy Kreme is also expanding distribution
to grocery and convenience stores.
That means that the overall efficiency
and productivity of our distribution network will significantly improve over time, not just
because of all those local deliveries. , Krispy Kreme CEO Josh Charlesworth, to CNBC.
Currently, Krispy Kreme typically makes more doughnuts than it can sell, so churning out even more product will take few additional costs. .
Currently, Krispy Kreme typically makes more doughnuts than it can sell, so churning out even more product will take few additional costs. .
Overall, therefore, it makes our system
more profitable to grow the deliver
fresh daily channel, and McDonald’s
is an accelerator of that, Krispy Kreme CEO Josh Charlesworth, to CNBC.
Overall, therefore, it makes our system
more profitable to grow the deliver
fresh daily channel, and McDonald’s
is an accelerator of that, Krispy Kreme CEO Josh Charlesworth, to CNBC
Credit: Wibbitz Top Stories Duration: 01:31Published