That means it is now the highest-grossing domestic movie of the year.
Previously, 'The Super Mario Bros.
Movie'
held the title by raking in $574 million.
Meanwhile, 'Barbie' is also on track to surpass 'Mario' as the highest-grossing global release of 2023.
'Mario' has brought in $1.35 billion worldwide, and 'Barbie' is close behind with $1.3 billion.
.
'Mario' has brought in $1.35 billion worldwide, and 'Barbie' is close behind with $1.3 billion.
.
They are the only two movies
to exceed $1 billion this year.
.
They are the only two movies
to exceed $1 billion this year.
.
'Barbie' held the top box office spot for
four consecutive weekends before being knocked down by 'Blue Beetle,' another Warner Bros.
Release.
.
'Barbie' held the top box office spot for
four consecutive weekends before being knocked down by 'Blue Beetle,' another Warner Bros.
Release.
.
Experts predict that 'Barbie' will continue to collect significant ticket sales in the coming weeks since it will have limited competition, CNBC reports.
.
'Barbie' is also the highest-grossing movie directed by a woman, Greta Gerwig.
Margot Robbie , Following Success of 'Barbie' , With 'Monopoly' Movie.
NBC reports that Margot Robbie will soon bring
the iconic game 'Monopoly' to the big-screen. .
NBC reports that Margot Robbie will soon bring
the iconic game 'Monopoly' to the big-screen. .
Her company, LuckChap, is producing a live-action film
based on the iconic real estate-focused board game
along with the game's owner, Hasbro Entertainment.
Her company, LuckChap, is producing a live-action film
based on the iconic real estate-focused board game
along with the game's owner, Hasbro Entertainment.
The game is available in over 100 countries
and has sold almost half-a-billion copies
since its release in 1935.
LuckyChap attained blockbuster success with
'Barbie,' which became the highest-grossing
movie of 2023, raking in $1.4 billion globally.
I could not imagine a better production
team for this beloved and iconic brand
than LuckyChap. They are exceptional
producers who choose their projects
with great thought and care, and join
Monopoly with a clear point of view. , Adam Fogelson, Lionsgate Motion Picture Group chair, via NBC.
We are tremendously excited
to be working with the entire
LuckyChap team on what we all
believe can be their next blockbuster, Adam Fogelson, Lionsgate Motion Picture Group chair, via NBC.
Both LuckyChap and Hasbro
released statements expressing their
excitement for the upcoming project.
Monopoly is a top property —
pun fully intended. Like all of the
best IP, this game has resonated
worldwide for generations, and we
are so excited to bring this game to
life alongside the wonderful teams
involved at Lionsgate and Hasbro, LuckyChap statement, via NBC.
Monopoly is a top property —
pun fully intended. Like all of the
best IP, this game has resonated
worldwide for generations, and we
are so excited to bring this game to
life alongside the wonderful teams
involved at Lionsgate and Hasbro, LuckyChap statement, via NBC.
As one of the most iconic games
in the world, Monopoly provides
an incredible platform for
storytelling opportunities, Zev Foreman, Hasbro Entertainment’s head of film, via NBC.
NBC reports that it remains unclear how the
filmmakers will weave a narrative around
the two-dimensional world of the board game. .
NBC reports that it remains unclear how the
filmmakers will weave a narrative around
the two-dimensional world of the board game.
Credit: Wibbitz Top Stories Duration: 01:31Published
Shakira says that she and her sons found the 'Barbie' movie "emasculating." The Colombian pop star opened up about finding empowerment after being brought down by heartbreak in a new Allure profile and cover story. When asked her thoughts on Greta Gerwig's blockbuster film, Shakira told Allure, "My sons absolutely hated it. They felt that it was emasculating. And I agree, to a certain extent."
Credit: The Hollywood Reporter Duration: 01:08Published
Key Federal Reserve Inflation Gauge , Rose 2.8% in March.
According to Commerce Department
data released on April 26.
the personal consumption expenditures
(PCE) price index, not including food or energy, rose 2.8% year-over-year in March. .
That exceeded Dow Jones
estimates of 2.7%, CNBC reports. .
When also accounting for food and energy, the all-items PCE measure rose 2.7%,
which was above the 2.6% estimate.
Inflation reports released this morning
were not as a hot as feared, , George Mateyo, chief investment officer at Key Wealth, via CNBC.
... but investors should not get
overly anchored to the idea that
inflation has been completely
cured and the Fed will be cutting
interest rates in the near-term, George Mateyo, chief investment officer at Key Wealth, via CNBC.
The prospects of rate cuts remain,
but they are not assured, and the
Fed will likely need weakness in
the labor market before they
have the confidence to cut, George Mateyo, chief investment officer at Key Wealth, via CNBC.
Consumers continue to spend despite
higher prices, CNBC reports.
Personal spending increased 0.8% in March, while personal income rose 0.5%.
The personal saving rate dropped to 3.2% as more people are having to dip into their savings to cover the cost of living.
The Fed continues to target 2% inflation, which the core PCE has exceeded for
the last three years, CNBC reports.
Credit: Wibbitz Top Stories Duration: 01:30Published
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
Kristen Stewart appeared on a recent episode of the 'Not Skinny But Not Fat' podcast and noted that making a superhero movie "sounds like a fucking nightmare, actually" but would star in one if director Greta Gerwig was involved.
Credit: The Hollywood Reporter Duration: 01:24Published
Warner Bros. is allowing a fan-made 'Lord of the Rings' film to stay on YouTube after it was briefly taken down. On Thursday, it was announced that Warner Bros. is working on a movie titled 'The Lord of the Rings: The Hunt for Gollum.' Andy Serkis is starring in and directing the project that is being developed by Peter Jackson and his writing partners Fran Walsh and Philippa Boyens. Shortly after the news dropped, a 2009 fan-made film with 13 million views also titled "The Hunt for Gollum" was taken offline for many hours.
Credit: The Hollywood Reporter Duration: 01:01Published
It's official: Peter Jackson is working on new 'Lord of the Rings' films for Warner Bros. The news was revealed during Warner Bros. Discovery's first-quarter earnings conference call. CEO David Zaslav said that the company is "now in the early stages of script development" for new 'Lord of the Rings' movies, which he says they "anticipate releasing in 2026" and will "explore storylines yet to be told."
Credit: The Hollywood Reporter Duration: 01:34Published
Get ready to return to Middle-earth this summer. 'The Lord of the Rings' trilogy is headed back to theaters. Warner Bros. and Fathom Events are teaming up to rerelease the Oscar-winning fantasy blockbusters. The versions screened will be Peter Jackson's extended editions, as well as the versions that the filmmaker remastered in 2020 for a 4K Ultra HD rerelease. This is the first time the remastered films will be in theaters.
Credit: The Hollywood Reporter Duration: 01:13Published
Greta Gerwig's summer blockbuster 'Barbie' has reached yet another milestone! The film surpassed 'The Super Mario Bros. Movie' to become the top-grossing title of 2023 at the domestic box office with a..
Credit: The Hollywood Reporter Duration: 01:19Published
‘Blue Beetle’ Knocks ‘Barbie’ From Top Spot , at US Box Office.
‘Blue Beetle’ Knocks ‘Barbie’ From Top Spot , at US Box Office.
Over the weekend ending Aug. 20, 'Barbie' lost its top..
Credit: Wibbitz Top Stories Duration: 01:31Published
‘Barbie’ Becomes Warner Bros.’ , Highest-Grossing Domestic Release Ever.
'Barbie' has surpassed the $537.5 million mark at
box offices in North America, 'Variety' reports.
The feat has knocked..
Credit: Wibbitz Top Stories Duration: 01:31Published
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