Living in a Barbie world is getting better and better for Margot Robbie, Ryan Gosling, Greta Getwig and the rest of the cast of the year’s biggest movie.
14.08.2023 - 22:25 / deadline.com
Chicken Soup for the Soul Entertainment, whose $375 million acquisition of Redbox closed about a year ago, delivered second-quarter financial results reflecting the company’s struggle to fully digest the deal.
Citing a host of industry headwinds that have intensified since the transaction was completed, the company reported total revenue of $79.9 million in the quarter ending June 30. While that was more than twice the year-earlier figure of $37.6 million thanks to the addition of Redbox and its thousands of movie-rental kiosks, it fell well short of Wall Street analysts’ consensus expectation for $120.1 million.
Net losses came in a little ahead of the Street’s outlook, widening to $1.50 per share from $1.39 in the year-ago quarter but topping analysts’ -$1.72 outlook.
In a conference call with analysts to discuss the quarterly numbers, CEO Bill Rouhana and CFO Jason Meier said the company has ramped up efforts to cut costs and generate more near-term free cash flow. Plans are in place to generate about $15 million of incremental cash flow savings from “streamlining of our digital and distribution businesses,” Meier said, and creating a centralized organization. About $30 million in licensing deals, meanwhile, were turned away during the quarter because they would have generated profits in the long term but not cash flow in the near term, Rouhana said.
In after-hours trading, already-battered shares of Chicken Soup took another drubbing, falling 18% to 88 cents. They began the year trading at $5.26 and peaked above $41 in mid-2021.
Along with the new approaches to licensing and streaming, the company said it has eliminated the Seattle headquarters of Redbox, initiating fully remote work for employees based there, at
Living in a Barbie world is getting better and better for Margot Robbie, Ryan Gosling, Greta Getwig and the rest of the cast of the year’s biggest movie.
Ruth Langsford has revealed why she has been missing from Loose Women all week as the presenter shared that she is suffering from a chest infection. The ITV panellist has been absent from the programme all week, with the 63-year-old explaining that she is busy trying to nurse herself back to health.Taking to her Instagram story today, Ruth shared a picture of a steam vaporizer as well as some lemon and ginger tea, telling her followers that she is "trying everything" to recover from a "lurgy." She wrote: “My 'lurgy' is actually a chest infection! So here I am on antibiotics and a steam vaporizer twice a day! I'm trying everything!" Earlier this week, she also shared herself trying another traditional method in an attempt to feel better as she wrote: "Still got the lurgy!" with an angry face emoji.
“What Happens Later” — her first movie since 2015. It also stars David Duchovny, with Ryan even taking on the roles of director and screenwriter.“Truly, the easiest part was acting in it.
Meg Ryan opened up about her return to the world of acting with her new rom-com What Happens Later.
Variety spent some time playing Super Mario Bros. Wonder. Here are five takeaways from our gameplay session.
It’s official: Deadline reports that Greta Gerwig‘s “Barbie” is now the highest-grossing domestic film of 2023. This comes to the surprise of no one who’s felt the Kenergy since the film hit theaters a little over a month ago with a $162 million opening weekend.
Rebecca Rubin Film and Media Reporter This “Barbie” is officially the highest-grossing movie of the year in North America. Greta Gerwig’s fantasy-comedy, starring Margot Robbie and Ryan Gosling, has generated $575.4 million at the domestic box office, overtaking the previous champion, “The Super Mario Bros. Movie,” which has collected $574 million domestically.
This Wednesday, Warner Bros.’ Barbie will become the highest-grossing movie at the domestic box office year to date with north of $574.2M, overtaking Universal/Illumination Entertainment’s Super Mario Bros Movie which finaled its stateside run at that amount.
Jade Roper has been hospitalized.
Todd Spangler NY Digital Editor The private-equity firm that owns MindGeek — which operates a massive network of adult entertainment properties, including Pornhub — has shed the company’s old name and, it hopes, some of the baggage that came with it. “The decision to rebrand the company as Aylo comes in response to the need for a fresh start and a renewed commitment to innovation, diverse and inclusive adult content, and trust and safety,” the Montreal-based company said in an Aug.
on Instagram, but she did not share a cause of death.“This is with a heavy heavy heart that I’m even posting this. We made magic when we strategically put out projects, always,” her post began.She continued: “Young Capone aka Dopeboy Ra aka Rara was one of my first Hip Hop/ Rap clients, and I can’t believe the news I just got of his unexpected passing.”“A friend…a client and just huge in East Atlanta.
Former NFL running back Alex Collins has died in a tragic motorcycle crash in Florida. The ex-football star was traveling via
Paramore’s Hayley Williams is taking a break from touring due to an ongoing lung infection.
Thania Garcia The remaining dates for Paramore’s North American “This Is Why” tour have been canceled. After delivering a performance in Seattle on the night of Aug. 9, frontwoman Hayley Williams informed fans via social media that the band would no longer go on due to her contracting a lung infection.
Travis Scott‘s recent ‘Utopia’ concert.Speaking to CNN following the concert, a representative for Russo revealed that Rome citizens were concerned of an earthquake after they felt the ground shaking from the Travis Scott concert. The Italian fire department also confirmed to CNN that it received “hundreds of calls” over the same concerns.Now, Russo is campaigning to stop concerts from happening at the Circus Maximus over safety concerns for the public as well as the preservation of the venue.
Stacey Solomon appeared to be feeling emotional as she continued to enjoy her holiday with her family. The Sort Your Life Out host hasn't been as active on social media as usual, and understandably so, as she soaks up the sun and makes memories with her brood.
TV star Montana Brown penned an inspiring Instagram post to reflect on her post partum body after giving birth to her son Jude six weeks.The 27-year-old appeared on season three of Love Island and said in the post on Monday, 7 August, that she is 'so proud' and 'in awe' of what her body has achieved as she revealed she is trying not to focus on 'getting back into shape'. Montana, who shares Jude with her fiancé Mark O'Connor, said that it's difficult not to think about what her body once looked like, but everything is has done to bring her son into the world including 'pain and burning' has been 'worth it." In the Instagram post, she wrote: "I am so proud of my body. Preggo, an hour after birth, a day after birth, the best gift in the world.
Another victim linked to the Gilgo Beach serial killer case finally has been identified more than two decades later.
. is officially available to stream at home. Jumping out of the Nintendo and onto the big screen,.
Suits wrapped up its final season nearly four years ago, but the show is suddenly popular again on streaming services — and some viewers are hoping a reboot is in the works.