Disney 3Q revenue drops 42 percent, missing expectations

Ellise Shafer editorTravis Scott has shared a new track, “The Plan,” which is featured in Christopher Nolan’s long-awaited film, “Tenet.”Playing into the time-bending elements of “Tenet,” “The Plan” also stays true to Scott’s signature sound. Beginning with an earth-shaking bass loop that forms the foundation for the rest of the beat, the chorus soon interrupts its ominous tone.

Counting On stars Joseph Duggar, 25, and Kendra Duggar, 22, have announced they’re expecting a third bundle of joy! The reality TV personalities revealed they’re expanding their family on August 19, just nine months after welcoming a baby girl. “We are so excited to announce that we have a tie-breaker coming in February. Baby #3 is on the way!” the couple told PEOPLE. The pair, who tied the knot in September 2017, are parents to Garrett David, 2, and Addison Renee, 9 months.

There’s baby joy on the way for rapper Gucci Mane and Keyshia Ka’Oir. The 35-year-old entrepreneur made the big reveal in a photo wearing sexy black lingerie on Aug.

It looks like Katy Perry has joined the circus! The pregnant pop star released a new music video for her song, “Smile,” wide on Friday, after debuting it on the Facebook app, and there’s a lot of clowning around.

Katy Perry has joined the circus! The pregnant pop star released a new music video for her song, «Smile,» wide on Friday, after debuting it on the Facebook app, and there's a lot of clowning around.Perry is seen in several clown costumes — makeup and all — and also becomes animated as she jumps into a video game. This all goes down when Perry, while baking a pie with her baby bump on full display, notices a laptop set up in her living room with a 'Smile' video game playing.Deciding to play the

Chrissy Teigen is pregnant, expecting her third child with husband John Legend!

In the latest financial quarter, entertainment giants' earnings reports revealed pain from the pandemic, but CEOs tried to focus on bright spots, touting streaming growth and signs that the TV advertising market isn't cratering as much as anticipated. On investor calls, industry chiefs acted largely as a chorus on advertising, with the tune being that companies held up better than feared and that April marked the low point.

The singer is going to be a father! Ed Sheeran and wife, Cherry Seaborn are reportedly expecting their first baby together after keeping the pregnancy a secret! That being said, Cherry is apparently already in her third trimester so the new addition to the family could be here any minute! The Sun reports that, when Ed announced his music hiatus in December of 2019, he and his wife decided that this break was also the right time for them to focus on something else as well, more precisely,

Spanish-language media giant Univision Communications, which earlier this year agreed to sell a majority stake to an investor group led by former Viacom CFO Wade Davis, reported lower second-quarter financials amid the novel coronavirus pandemic.

U.K. TV giant ITV, led by CEO Carolyn McCall, on Thursday reported a 17 percent revenue drop for the first half of 2020, including a drop at its production unit and "the most severe decline in the history of ITV" in advertising, due to the novel coronavirus pandemic.

ViacomCBS on Thursday reported lower but better-than-expected second-quarter earnings and a 27 percent drop in advertising revenue for the first full three-month period affected by the novel coronavirus pandemic.

Dade Hayes Finance EditorViacomCBS absorbed a blow to its advertising business from COVID-19 in the second quarter, beating Wall Street forecasts for earnings but clearing the bar for total revenue.Earnings of 77 cents a share came up short of the consensus expectation of analysts for 93 cents.

Toni Braxton is about to make her fans more than happy today. She’s dropping new music and she teased her followers with a video on her social media account.

Discovery on Wednesday reported lower, but better-than-expected financials, including U.S. advertising revenue, for the second quarter amid the novel coronavirus pandemic, which had its first full-quarter impact in the period.

People have been guessing this for a really long time now, but Tiny Harris‘ daughter, Zonnique Pullins did not say a word until now. Yes, she’s pregnant! She is expecting her very first baby with BF, Bandhunta Izzy! The Shade Room and People Magazine broke the news a few hours ago and Tiny confirmed it.

Jill Goldsmith Co-Business EditorWalt Disney said revenue last quarter was $11.87 billion, lower than expected and down 42% from the year before with the theme park division taking a $3.5 billion hit on a major and hit from parks.The numbers were hotly anticipated as a measure of how partial reopenings of parks, stalled production and live sports – both slowly returning — are impacting its business.Diluted earnings per share (EPS) came in at $0.08, down from $1.34 the year before, beating

AMC Networks, the cable networks company that operates AMC, IFC, WE tv, BBC America and SundanceTV, on Tuesday reported lower second-quarter earnings and said U.S. advertising revenue fell 14.6 percent, less than previously feared, in the first quarter that was fully affected by the novel coronavirus pandemic.

Britney Spears didn’t show up at her conservatorship hearing. Perhaps she did not want to???? This and much more on our latest podcast. Listen to The Perez Hilton Podcast with Chris Booker on Spotify or Apple Podcasts or directly at http://PerezPodcast.com

Porsha Williams proudly announcement her fans and followers on social media that her sister, Lauren Williams has her very own line of masks. Check out the message and pics that she shared on her social media account.

Billie Eilish is back with new music.