Business

Tsuburaya and its new U.S. entity, Tsuburaya Fields Media & Pictures Entertainment, Productions and Bandai Namco Toys & Collectibles America (BNTCA) announce a new partnership that awards BNTCA the master toy license for Ultraman and will be introducing an exciting new, much sought-after line for fans of the hit property.

IMAX Corporation (NYSE: IMAX) catapulted to a $20 million debut for Sony Pictures' "Spider-Man: Across the Spider-Verse" at the global box office this weekend. In a sign of the surging popularity of animation across the IMAX global network, the stellar sequel delivered the second biggest animated opening of all time in IMAX —missing the record set only two months ago by just $1 million.

Anton/Bauer a leading manufacturer of mobile power solutions for broadcast and cinematic equipment and a Videndum brand, has announced the launch of Salt-E Dog, a sodium-based 9kWh mobile power source designed specifically for motion picture and television production. The industry-first power source delivers consistent and reliable energy and addresses the pressing issue of carbon emissions associated with traditional fossil fuel or lithium generators. It signifies a major milestone in sustainable power for the media and entertainment industry, positioning Anton/Bauer as a leading provider of clean energy solutions.

The "Video-On-Demand: Solutions and Global Markets" report has been added to ResearchAndMarkets.com's offering. The global market for video on demand was estimated to be $70.6 billion in 2021. It is projected that the video-on-demand market will grow at a CAGR of 16.2% to reach $170.9 billion by the end of 2027.

Lionsgate (NYSE: LGF.A, LGF.B) today reported fourth quarter (quarter ended March 31, 2023) revenue of $1.1 billion, operating loss of $49.6 million and net loss attributable to Lionsgate shareholders of $96.8 million or $0.42 diluted net loss per share on 229.2 million diluted weighted average common shares outstanding. Adjusted net income attributable to Lionsgate shareholders in the quarter was $49.2 million or $0.21 adjusted diluted net earnings per share on 233.2 million diluted weighted average common shares outstanding, with Adjusted OIBDA of $138.0 million.

Cinedigm Corp. (NASDAQ: CIDM) today announced it is rebranding to Cineverse, a global streaming technology and entertainment company with one of the world's largest portfolios of owned and operated streaming channels.

This year, Campari, the iconic Milanese, red aperitivo returned to the 76th edition of the world-renowned Festival de Cannes, as an official partner and hosted its Discover Red event attended by Charles Melton, Luke Evans and Alessandra Ambrosio.

VICE Media Group today announced that it has agreed to the terms of an asset purchase agreement ("APA") with a consortium of its lenders (the "Lender Consortium"), pursuant to which the Lender Consortium has agreed to purchase the Company, subject to higher and better bids from other parties and to the terms of the APA. The Lender Consortium includes Fortress Investment Group, Soros Fund Management and Monroe Capital, and has agreed to provide total purchase consideration of approximately $225 million in the form of a credit bid for substantially all of the Company's assets, in addition to the assumption of significant liabilities upon closing.

Warner Bros. Discovery (Nasdaq: WBD) today announced that its President and CEO David Zaslav and its Chief Financial Officer Gunnar Wiedenfels will each present at media industry investor conferences during the month of May.

IMAX Corporation (NYSE: IMAX) rocketed to a $25 Million debut for Disney/Marvel's "Guardians of the Galaxy Vol. 3" at the global box office this weekend — the company's biggest global opening thus far in 2023. Led by a $10.7 million draw in North America, the film also delivered the highest grossing IMAX debut of the trilogy. "Guardians of the Galaxy Vol. 3" also scored a $5.6 million IMAX debut in China — 19% of the country's opening weekend box office on less than 1% of screens — and a strong 9.5 audience score on Maoyan.