Universal's "Wicked" is expected to snare $114 million during its domestic opening, the highest debut of a Broadway adaptation in cinematic history, according to Sunday estimates. Paramount's "Gladiator II" is expected to open with $55.5 million in ticket sales domestically, according to Sunday estimates.
"Wicked," the first of two movies based on a beloved Broadway musical, soared into theaters with an estimated $114 million in U.S. and Canadian ticket sales, distributor Universal Pictures said on Sunday.
Wall Street is awaiting much-needed dealmaking.
Universal's "Wicked" and Paramount's "Gladiator II" arrive ahead of the Thanksgiving holiday and are expected to tally more than $200 million in combined ticket sales this weekend. "Wicked" has already tallied $19.2 million at the domestic box office from advance screenings held during the week.
"Wicked," the first of two parts of the movie adaptation of a beloved Broadway musical, generated $19.2 million in U.S. and Canadian ticket sales from early screenings this week, distributor Universal Pictures said on Friday.
Matt Belloni, founding partner of Puck, joins CNBC's 'Squawk Box' to discuss Comcast spinning off its cable networks, the future of TV and the media industry, and more.
Jessica Reif Erlich, senior media and entertainment analyst at BofA Securities, and Mark Douglas, Mountain CEO, join CNBC's 'The Exchange' to discuss Comcast's newly-announced spinoff of its cable channels, what's next for the media industry, and more.
Goldman Sachs analyst Michael Ng maintained a Buy rating on Comcast Corp CMCSA with a price target of $50.
Comcast was supposed to have a solid broadband business to fall back on, but even that's in trouble.
CNBC's Jon Fortt reports on Comcast's decision to spin off its cable networks.
After a few bumpy outings due to Covid and less-than-optimal host cities, the Olympics flourished last summer in Paris, with viewership gains and advertising records.
Comcast Corporation (NASDAQ: CMCSA) announced Wednesday plans to spin off several major cable television networks and digital properties into an independent media company called SpinCo, marking a significant shift for the media giant.