Today news
Warner Bros
Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Warner Bros. Studios complex in Burbank, California, and a division of AT&T's WarnerMedia. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).
Related News
Theater Circuit Stocks Keep Sliding As Movie Summer Recedes Into Distance
Reading now: 751
deadline.comDade Hayes Finance EditorMovie theater stocks continued their slide Friday in the wake of Warner Bros’ decision to postpone the opening of Tenet another two weeks to August 12.Heading into the final hour of trading, AMC shares were down nearly 2% to $4.20.
Cinemark’s stock had tumbled nearly 6% to $11.68, its lowest level since May 15. Marcus fell 2% to $12.24. Shares in Imax, a diversified company grouped by investors with exhibitors given its portfolio of large-format theaters, dropped 3% to $10.52.
In-theater advertising firm National CineMedia slipped 3% to $2.93.On the London Stock Exchange, shares in UK-based Regal Cinemas parent Cineworld dipped 4% to $64.08, their lowest point since May 22.
Read more on deadline.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
