Tag: Business
Disney May Sell Lucasfilm
Bloomberg reports that Disney is looking into selling various IPs to competitors, including Star Wars. This would be a shock to the business world, as Disney has spent the last 20ish years buying up other studios to amass its entertainment empire. Check out their Tweet here, with a reply from our ve...
Read MoreDisney Reveals Bob Chapek’s Salary, Severance Package
This Tuesday, Disney released some numbers that had previously been shrouded in mystery. Included was former CEO Bob Chapek’s 2022 salary of $24.2 million, which is slightly lower than in 2021. Additionally, Chapek will receive a severance package of $20 million. The package will consist of $12.6 ...
Read MoreHBO Max Price Increases For the First Time
Today, HBO Max revealed that its price will increase from $14.99 to $15.99. This is the service’s first increase since its launch in 2020. This announcement comes in the wake of the change in leadership, canceled projects, and removal of content from HBO Max. I wish I was surprised. I’m no...
Read MoreBob Iger Orders Employees Back to Workplace
Just a couple of months after returning as Disney’s CEO, Bob Iger ordered hybrid employees to report to the physical office at least four days a week. Most similarly-sized companies require two or three days a week. This takes effect beginning on Monday, March 1st. Check out Iger’s email...
Read MoreAvatar 2 is Officially Profitable, More Sequels Coming
James Cameron officially has the next several years of his life planned out, at least professionally. In an interview on the HBO Max program Who’s Talking to Chris Wallace?, Cameron revealed that Avatar: The Way of Water is about to become profitable, which means the series will continue beyond th...
Read MoreHBO Max Got the Axe
Warner Bros. Discovery has revealed that HBO Max as we know it is going the way of the Western. According to CNBC, it will be replaced by a combination of HBO Max and Discovery+ content. This new service will simply be called Max. I don’t understand this at all! HBO Max is my favorite stream...
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