The summer box office is on a roller coaster ride of insecurity as the pandemic rages onward. Superhero movies and other blockbusters couldn't save theaters completely. Now movies are being pushed back for the umpteenth time or sold to streaming services. At this point, is it even possible for theaters, the box office and tentpole movies to survive? Find out only on News Time!
Quibi qalls it quits!
Ding, dong! Quibi's dead *insert the rest of the lyrics here!* Jeffery Katzenberg and Meg Whitman's premium mobile streaming service lasted a little over 6 months before they had to put it down. To think this all started as a pipe dream over 4 years ago. They even managed to drag big names like Disney and WarnerMedia into this. So.... what happens next? Where do the shows go? What about the hired hands? Did Katzenberg and Whitman learn from this short term experience in streaming? Find out only on News Time!
The Great Media Company Restructuring!
Companies restructure all the time. Disney, ViacomCBS, WarnerMedia. They've all done it. But the pandemic has reinforced the idea that streaming is the future and pay-TV and theatrical are on their way out. Now, those three companies -- along with many other entertainment entities -- are shifting focus to streaming while cutting tens of thousands of jobs in the process. Are employees short changed and left out in the dust? Is this direct-to-consumer branding optimal for viewers? Find out only on News Time!