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UPDATED with closing stock price: Disney stock closed at $86.75 a share, down more than 13% as investors punished the company for its disappointing quarterly earnings report and weak earnings forecast. The single-day plunge was the biggest for Disney shares since the onset of Covid in the U.S. in March 2020, when it also fell 13%. The shares have fallen more than 43% in 2022 to date, compared with a drop of less than 10% for the Dow Jones Industrial Average. PREVIOUS: Disney stock has fallen more than 11% today on double its normal trading volume, as investors recalibrate their expectations in light of a shaky quarterly earnings report. At $88.53, Disney shares were at their lowest point since they dipped into the $80s for a couple of trading days during Covid lockdowns in March 2020. Prior to that, the last time the stock closed at or below $86.75 was in 2015. Bears seized on the company’s much-lower-than-expected profit forecast as well as a significant … [Read more...] about Disney Stock Plunges 13% To New Multi-Year Low On Earnings Miss, Weak Profit Outlook – Update

Jake Paul is fed up with Tommy Fury -- calling out his opponent for missing another pre-fight event this week ... saying TNT is being straight-up disrespectful to the fight game at this point. Fury was not slated to attend Wednesday's press conference in Saudi Arabia ... claiming the event could wait until he made it to town on Feb. 16. Paul was asked about Tommy's absence minutes ago ... and he unleashed on the guy. "I'm used to his behavior at this point," the Problem Child said. "He's unprofessional, he's a flake, he's not a serious businessman, and he's not a serious fighter." Tommy Fury Says He Was Denied Entry Into U.S., Fight With Jake Paul In Jeopardy "He's gonna have to pay for all the times he pulled out," he continued. "All the business people he screwed over. It's disrespectful. There are some of the biggest names in boxing, some of the biggest promoters in the world, some of the most influential people in the world, … [Read more...] about Jake Paul Rips Tommy Fury For Missing Presser, ‘He’s Not A Serious Fighter’

Joy Behar said something she shouldn’t have said on The View. This time, it was about one of her colleagues. As the show’s “Hot Topics” segment discussed the importance of workplace friendships, Behar talked about her one-time leave-taking from the show. She said that she was glad when she was ousted, because her “friends” from the show had already departed. .”I always have friends where I work, and if I don’t have friends at the job, I will not keep the job,” Behar said. “So, when I was fired last time from this show, people say to me, ‘Were you okay with that?’ and my answer is, I was happy, because all my friends had left already. So, there was no reason to stay anymore. I mean it.” Goldberg was part of the panel when Behar left, and immediately brought that up. “Really? All your friends left?” She then did a fake-cry, using a quivering lip. “It’s okay, I’m cool,” she joked. Behar quickly began clarifying. “You had just come on, and my backstage friends had … [Read more...] about Joy Behar’s Line About Missing Friends On ‘The View’ Brings A Faux Tear To Whoopi Goldberg’s Eyes

NBC has given a pilot order to St. Denis Medical , a half-hour mockumentary-style workplace comedy from the Superstore and American Auto duo of Justin Spitzer and Eric Ledgin . The pilot is produced by Universal Television , a division of Universal Studio Group, where both Spitzer and Ledgin have overall deals. Written by Spitzer and Ledgin, St. Denis Medical is a mockumentary about an underfunded, understaffed Oregon hospital where the dedicated doctors and nurses try their best to treat patients while maintaining their own sanity. Ledgin will also executive produce, as will Spitzer under his Universal TV-based production banner Spitzer Holding Company. Simon Heuer, Head of TV Development at Spitzer Holding Company, will also executive produce. RELATED: 2023 NBC Pilots & Series Orders St. Denis Medical previously received a pilot production commitment from NBC last year. It marks the latest NBC project for Spitzer, whose very first writing credit … [Read more...] about ‘St. Denis Medical’ Comedy From Justin Spitzer & Eric Ledgin Gets Pilot Order At NBC

EXCLUSIVE : Arthouse streamer and distributor Mubi has traditionally been shy about revealing performance numbers for its movies, but today we can reveal that BAFTA and Oscar hopeful Aftersun has become the company’s most streamed release globally. We’re told the Paul Mescal -starrer has now far surpassed Mubi’s previous best-performers including Portrait Of A Lady On Fire , The Worst Person In The World , Drive My Car , Decision To Leave , Shiva Baby and Titane , some of which were released during the pandemic, a boom time for streamer engagement. The film started streaming in the UK, Ireland, Italy, Latin America and a handful of other markets on January 6, 2023, and has also become the top-viewed film all time in these individual territories. It will join the platform in Germany, Austria and Spain in March, and later in France. Writer-director Charlotte Wells’ acclaimed debut has also blazed a trail for Mubi at the theatrical box office, becoming … [Read more...] about ‘Aftersun’ Becomes Mubi’s Most Streamed Movie Ever & Crosses Box Office Milestones

Eugene Lee , the Emmy-winning production designer for Saturday Night Live since 1975 and a multiple Tony Award-winner for such Broadway hits as Wicked, Sweeney Todd and Candide, died yesterday in Providence, Rhode Island. He was 83. Additional information was not immediately available. As this production designer of SNL since the year of its debut, Lee was the longest-serving members of the NBC show’s production staff. He also served as production designer for T he Tonight Show with Jimmy Fallon from 2014-2018 and numerous SNL specials. Among the numerous Broadway production for which Lee were Sweeney Todd in 1979, Gilda Radner – Live From New York (1979), Merrily We Roll Along (1981), Seussical (2001), Wicked (2003), A Streetcar Named Desire (2012), Glengarry Glen Ross (2012), and, most recently, Amazing Grac e (2015). Lee was also instrumental in founding Trinity Rep in Providence, and remained its resident set designer until his … [Read more...] about Eugene Lee Dies: Longtime ‘SNL’ Production Designer, Tony-Winning Broadway Scenic Designer Was 83

Fox Corp. matched Wall Street expectations for its fiscal second quarter, powered by NFL football in the U.S. and football at the World Cup. The company reported total revenue in the quarter ending December 31 of $4.61 billion, up 4% from the year-earlier period, and earnings of 48 cents a share. Affiliate fee revenues rose 1% thanks to 6% growth at the Television unit. Ad revenue climbed 4%, no mean feat in a tough economic climate, mostly due to the World Cup in Qatar and strong NFL results at Fox Sports. Other boosts came from political spending at the company’s local stations and growth for streaming service Tubi. The category of “other revenue” increased 13%, which the company said was primarily due to the December acquisition of Mar Vista Entertainment and higher Fox Nation subscription revenue. Fox has not disclosed subscriber numbers for Fox Nation, which launched in 2018. It is the first quarterly report for Fox since the company and its corporate sibling, … [Read more...] about Fox Corp. Ad Revenue Climbs 4% In A Tough Quarter, Boosted By NFL And World Cup

Recent Grammy winner Bad Bunny , Christina Aguilera and Jeremy Pope will be honored at the 34th annual GLAAD Media Awards next month for advancing and supporting the LGBTQ community. Bad Bunny — Spotify’s most-streamed artist in the world last year — will receive the Vanguard Award for having made “a significant difference in promoting acceptance of LGBTQ people and issues.” Five-time Grammy winner Aguilera will receive the Advocate for Change Award for having “changed the game for LGBTQ people around the world.” And Pose alum and two-time Tony nominee Pope will receive the Stephen F. Kolzak Award for having made “a significant difference in raising visibility and promoting acceptance of LGBTQ people and issues.” Read bios for all three below. The awards show will be handed during the March 30 ceremony at the Beverly Hilton. RELATED: 2023 Awards Season Calendar – Dates For The Oscars, Guilds & More Bad Bunny’s advocacy and outspoken allyship for the … [Read more...] about GLAAD Media Awards: Bad Bunny, Christina Aguilera & Jeremy Pope Set For Honors

TMZ/Getty Jim Ross says he spoke with Jerry "The King" Lawler after he suffered a stroke on Monday  ... and the WWE legend is doing okay, but still needs support as he recovers. Ross shared the update on Lawler's health status late Tuesday night, reassuring fans the 73-year-old, who has a history of heart issues, is trending in the right direction. "I spoke very briefly with @JerryLawler tonight," Ross tweeted. "He’s obviously weak but I could understand his affected speech. Jerry’s prognosis is positive but he needs all our thoughts and prayers. #LoveYaKing" As we previously reported, Lawler suffered a medical emergency , believed to be a stroke, at his Florida home and was rushed to the hospital where he underwent surgery. I spoke very briefly with ⁦ @JerryLawler ⁩ tonight. #LoveYaKing pic.twitter.com/5pkunLriHm — Jim Ross (@JRsBBQ) February 8, 2023 @JRsBBQ Ross and Lawler go way back ... the two formed one of the most iconic … [Read more...] about Jim Ross Says He Spoke With Jerry Lawler After Stroke, ‘Prognosis Is Positive’

Comic book artist Lee Moder , who co-created the Courtney Whitmore version of Stargirl with Geoff Johns in 1999, has passed away, according to ComicBook.com and statements from his peers. The web site cited a family friend, who indicated that Moder died quietly at home sometime on or before January 15th. No cause of his death was given. Moder was 53. A TV series based on the Stargirl character ran for three seasons on the CW, ending last December. DC ’s Stargirl followed Courtney and her stepfather Pat Dugan (Luke Wilson) as she leads an unlikely group of young heroes to take on the legacy of DC’s very first superhero team, the Justice Society of America. Johns served as showrunner, and executive produced the series with Greg Berlanti and Sarah Schechter. Moder worked in the comics industry for nearly three decades. In that time he drew titles like Legion of Super-Heroes and Wonder Woman at DC. He also provided art for issues of Highlander and Red Sonja … [Read more...] about Lee Moder Dies: Comic Book Artist And Stargirl Co-Creator Was 53