Author: CEO Feature Staff
AMC Theatres, the largest movie theater chain in the U.S., has reported a net loss of $32.8 million for the second quarter of 2024, reflecting a challenging period for the industry. Total revenue fell to $1.03 billion, a decrease of nearly $300 million compared to the same period last year. Attendance also dropped significantly, with around 50 million patrons visiting AMC theaters this quarter, down from over 66 million a year ago—a decline of about 25 percent. CEO Adam Aron, who emphasized the importance of liquidity during an earnings call, reassured investors that AMC has substantial cash reserves of…
Blake Lively is venturing into the beauty industry with her new brand, Blake Brown, which will debut at Target stores and online on August 4. The hair care collection, priced between $19 and $25, includes eight products designed to nourish, rehydrate, and strengthen hair while offering gentle cleansing. The lineup features both liquid and dry shampoos, hair masks for pre- and post-washing, leave-in conditioner, and styling mousse. Blake Brown’s formulas are crafted with a proprietary plant protein complex aimed at reducing frizz and enhancing shine. The products boast fragrances like vanilla, amber, blackcurrant, fig, cardamom, and sandalwood, reflecting Lively’s preference…
NBCUniversal is set to achieve a historic milestone with its coverage of the 2024 Paris Olympics. The media powerhouse announced that it will surpass the $1.25 billion in advertising revenue generated during the Tokyo 2020 Games, setting a new record for Olympic advertising. A key highlight of this achievement is the influx of new sponsors. Nearly $500 million of the anticipated revenue comes from brands participating in the Games for the first time. Digital advertising has also seen a significant boost, with revenue more than doubling compared to Tokyo, and the number of advertisers has more than doubled from both…
The Opening Ceremony of the 2024 Paris Olympics, which featured an eclectic mix of performances from Lady Gaga, Aya Nakamura, and Céline Dion, has sparked a controversy over a scene that many perceived as a nod to Leonardo da Vinci’s “The Last Supper.” What Sparked the Debate? The ceremony included a tableau with drag performers and singer Philippe Katerine that some viewers felt resembled da Vinci’s renowned painting. The depiction of a banquet table led to allegations of religious insensitivity. However, the event’s organizers clarified that the scene was inspired by Dionysus, the Greek god of festivity, rather than any…
The UK-based tech company Nothing continues to redefine smartphone design with its sleek and innovative devices. Following the success of their limited-edition Super Nintendo-themed Phone (2a), Nothing has unveiled its latest creation: the Phone (2a) Plus. This new model builds on the strengths of its predecessor with significant upgrades in performance, camera technology, and overall design. At the core of the Phone (2a) Plus is the powerful MediaTek 7350 Pro 5G chip, which offers blazing-fast speeds and improved efficiency compared to earlier models. This advanced processor ensures a seamless experience whether you’re multitasking, gaming, or streaming content. Photography on…
Meta has launched AI Studio in the U.S., allowing Instagram creators and users to craft personalized AI bots. This new tool lets users with creator accounts on Instagram design AI characters that can interact with followers, answering common questions, linking to posts and products, and providing facts about the creator. These AI bots can also be tailored to avoid certain topics. For personal accounts, users can create more basic AI bots that offer cooking tips, assist with Instagram captions, and generate memes. These AI characters can be used across Instagram, Messenger, and WhatsApp. This launch is part of Meta’s…
Aston Martin is marking the 60th anniversary of the James Bond classic *Goldfinger* with an immersive 007-themed pop-up, the House of Q, located in London’s historic Burlington Arcade. Running until August 4, this unique attraction offers fans an exclusive look into the world of Bond’s legendary DB5 and the brand’s storied connection with the franchise. Concealed behind a magazine newsstand façade at House 12-13 Burlington Arcade, the House of Q invites visitors through secretive messages to a hidden entrance. Inside, they’ll discover a subterranean speakeasy bar, richly decorated with original DB5 technical drawings and parts. Guests can enjoy Champagne Bollinger…
In a groundbreaking move mirroring their NBA counterparts, the WNBA has finalized a lucrative 11-year media rights agreement with Disney, NBCUniversal, and Amazon, significantly elevating the league’s profile and financial standing. Starting from the 2026 season, this comprehensive deal consolidates the WNBA’s broadcasting rights primarily among three major partners, reducing the current five-partner lineup. Valued at approximately $200 million per season, totaling $2.2 billion over the contract term, the agreement marks a substantial increase from the previous $60 million per season deal expiring in 2025. Additional partners may join before the new deal commences, according to WNBA officials. The announcement…
Jeffrey Katzenberg, media mogul and prominent Democratic Party supporter, has publicly praised President Joe Biden for his selflessness in choosing to end his re-election campaign, marking Katzenberg’s first remarks since Biden’s surprising announcement. In a heartfelt op-ed published in The New York Times on Wednesday, Katzenberg reflected on his four-decade friendship with Biden, emphasizing the president’s resilience in the face of profound personal tragedy—the loss of his wife, daughter, and son. Katzenberg described Biden’s ability to channel his grief into a source of strength, enabling him to connect deeply with others and offer solace through empathy and unwavering optimism.…
Roborock continues to redefine home cleaning with its latest innovation, the Qrevo Pro robotic vacuum, in collaboration with visionary artist Timothy Goodman. This partnership seamlessly integrates artistry with technology, elevating the Qrevo Pro beyond a mere cleaning device to a stylish statement in modern homes. Timothy Goodman’s unique artistic touch brings a sense of creativity and wonder to the Qrevo Pro. “I love the challenge of drawing on unconventional objects. I’ve never drawn on a robot before! This was very cool,” Goodman expressed, highlighting the excitement of merging his art with Roborock’s advanced home cleaning technology. The Qrevo Pro boasts…