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MGMB News and Press, Mgm Holdings Inc Class A From 11/05/21

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Company Name: Mgm Holdings Inc Class A
Stock Symbol: MGMB
Market: OTC

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MGMB - Disney's 'Eternals' ready to take Marvel's third dip at 2021 box-office well

After showing up strong at the box office in the first three-quarters of the year, Disney (NYSE:DIS) took a bit of a breather in October, flush from the success of the year's top film, and some studio rivals posted strong openings. But it's November now, and it's Marvel time again: Ensemble h...

MGMB - 'Dune' repeats as box-office leader while 'Halloween Kills' out-scares rivals

Dune (T +0.5%) held enough business at the box office in its second weekend to lead grosses, and Halloween Kills (CMCSA +1.7%) out-scared Halloween competition to follow closely behind. Business for Dune declined 62% to $15.5 million, still good enough to lead a slower weekend at movie theate...

MGMB - Cinema stocks rally after best month since pandemic's start

Movie-theater companies are rallying today after closing the books on October, the best month for the domestic box office since the March 2020 start to the COVID-19 pandemic. And that marks the first time in modern history that October has been the year's best month, though spurred by the out...

MGMB - Films wrestle for scare market share in light Halloween box-office weekend

A hot month for big-budget movie releases is yielding to a quieter Halloween weekend, where Universal's (NASDAQ:CMCSA) Halloween Kills will hope to hold its horror-hungry audience against two new contenders for the scares crown. Meanwhile, after a successful bow last week, Dune (NYSE:T) ...

MGMB - Warner's 'Dune' blasts to top of box office with $40 million

Dune (T -0.1%) surpassed expectations at the weekend box office, grossing $40.1 million domestically to easily outpace a decent crop of strong performers from the last four weekends. Its performance was particularly notable considering it broke a streak of relatively disappointing numbers fro...

MGMB - Hollywood shutdown averted as crews union reaches deal with studios

A strike that would have disrupted TV and movie production nationwide has been avoided at the eleventh hour. Over the weekend, a three-year deal was struck between the International Alliance of Theatrical Stage Employees, which includes film crews across the country, and the Alliance of Motio...

MGMB - What's next for movies: Morgan Stanley does a cinema sweep

"The movie business is dead, long live the movie business," says Morgan Stanley in a deep new note from a number of its analysts looking at an industry that has "permanently changed" in the wake of a COVID-19 pandemic and a rush of technological and cultural developments. "Since the onset of ...

MGMB - Off-screen Hollywood workers authorize strike amid stalled talks

Off-screen Hollywood workers have voted overwhelmingly to approve a strike against film and television production in the event they can't come to a last-minute deal in stalled talks with studios. Members of the International Association of Theatrical Stage Employees voted with a 98% margin (a...

MGMB - 'Venom' sequel smashes to pandemic-record $90 million, raising movie hopes

Venom: Let There Be Carnage (SONY -2.1%) opened to $90.1 million domestically at the box office - surpassing not only its own expectations (by far) but also every other film that opened during the COVID-19 pandemic era, providing the best news for the movie industry in a year and a half. The ...

MGMB - Sony looks to make box-office 'Carnage' with Marvel vs. Marvel square-off

It's the busiest box office in several weeks starting today, with three films headed into wide release - and Sony, WarnerMedia and United Artists Releasing looking to knock Disney out of the top spot. Marvel film Shang-Chi and the Legend of the Ten Rings (NYSE:DIS) became the year's top-gross...

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