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Disney/Pixar's "Toy Story 3" blew past expectations and brought in $109 million at the US box office. Sixty percent of the movie's gross was from 3-D screens, which charge $3 more, on average, per ticket. The question is, what impact will this movie really have on Disney and other studios?
The Shanghai Index rose 2.9 percent, and most European bourses are up 1 to 2 percent as China has allowed the yuan to rise against the dollar for the first time since 2008.
"Toy Story 3" opens across the U.S. today on a record-setting number of 3-D screens. Now theater chains, Disney, and even its rival studios are anxiously hoping for a hit to turn around a weak summer box office: U.S. ticket sales are down over 6 percent since early May. Analysts
DreamWorks Animation stock tumbled after the animation studio warned 2Q earnings per share will be "meaningfully below" year-ago results. CFO and President Lew Coleman presented at William Blair & Company's Growth Stock Conference in Chicago, warning about second quarter earnings disappointments, and blaming the weakness on "Shrek Forever After," the fourth sequel in the Shrek franchise which was released May 21.
See why these movies changed the way animated movies are made, and broke box-office records in the process.
With the exception of sure-fire blockbusters, most gaming companies aren’t that interested lately in licensing the gaming rights of titles from film studios, having been burned too many times by titles that were critical and commercial failures.
Today's six stocks worth watching.
After a disappointing Memorial Day weekend, Hollywood is still waiting for hit movies to energize ticket sales and box office receipts, reports NYT.
Hollywood's strong box office run so far this year came to a screeching halt Memorial Day weekend, as movies' theatrical performance fell off a cliff.
Following are moves you might have missed. Find out why shares of Sprint popped while Kraft and asset managers dropped.
Stocks closed the day with an aggressive selloff as fears over Europe and concerns about banking trumped good news out of the housing market.
The film brought in $71 million, dominating the U.S. box office as the fourth highest animated movie opening ever. But this fell short of projections, and the number of tickets sold was down 59 percent from the prior Shrek's debut weekend.
Today DreamWorks' Animation's "Shrek Forever After" will open in over 4,300 theaters — more than half of them in 3-D. This, the fourth and last movie in the franchise, will be the green ogre's first venture into 3-D, and it should be a quite profitable one.
After a long string of disappointing earnings results from the studio drew harsh criticism from CEO Bob Iger, it seems the business is back on track. "Alice in Wonderland" was the second-biggest movie Disney spacer has ever released, with the seventh-biggest global box office of any film.
The next three months are without a doubt Hollywood's most important season, generating an average 42 percent of annual box office. And this summer promises to generate the biggest U.S. box office on record — we could see over $4 billion dollars in tickets sold.
What follows is a roundup of corporate earnings reports for Tuesday, April 27.
In a major upset, the new kiddie superhero action comedy "Kick-Ass" failed to take the top spot at the North American box office, narrowly losing the race to "How to Train Your Dragon," according to studio estimates.
The Lightning Round is extended in this CNBC.com exclusive feature.
The fear is that a disappointing 3D upgrade will turn off consumers to the pricey 3-D theatrical experience, which runs an average $3 more per ticket.