WB stays silent on Windows but reduces noise on large swings.
Good morning! I am bringing you the latest Hollywood and media news for Wednesday, April 2, 2025. As we navigate through tariff day, Wall Street is eagerly anticipating the Q2 numbers set to be revealed in July.
In recent news, TESLA fell short of Wall Street’s Q1 car sales estimate by about 14%, selling 336k vehicles compared to the estimated 390k. This marks a 13% decrease year-over-year. On the flip side, NEWSMAX’s stock skyrocketed by 2,230% in just two days, sparking investor interest with its 2024 numbers showing revenue growth of $171 million, a significant increase in affiliate fees, and a market cap of $20.7 billion.
Meanwhile, MSNBC faced a setback as Steve Kornacki announced that he would not be joining SPINCO, choosing to stay at NBC NEWS and SPORTS as Chief Data Analyst. In other news, filmmaker Kevin Smith is embarking on a 25-city tour featuring his film “Dogma” to celebrate its 25th anniversary, leading up to a limited release in AMC THEATRES through ICONIC EVENTS RELEASING on June 5.
In more developments, the NFL postponed a decision on the “tush push” ban vote, ensuring that the term will linger until the next owners’ meeting in May. Additionally, NIELSEN’s patent lawsuit against VIDEOAMP was dismissed, and rumors of FOX CORP vacating a section of its NYC headquarters were quickly retracted.
Sadly, the entertainment industry mourns the loss of Val Kilmer, a versatile actor who passed away at the age of 65. Val Kilmer leaves behind a legacy of complex and memorable roles spanning multiple decades, leaving a void in the industry that may not easily be filled.
Turning our attention to Warner Bros., the studio recently delivered a confident and varied Hollywood movie slate presentation, impressing many with the content they showcased. While there are still lingering questions, the presentation managed to capture the audience’s attention and spark excitement for the upcoming projects. Despite the omission of certain details, Warner Bros. managed to convey a sense of optimism and creativity with their presentation.
In conclusion, the entertainment industry continues to evolve and surprise us with new developments and exciting projects. As we look forward to the upcoming releases and announcements, it’s clear that there is always something new and exciting happening in Hollywood and the media world.