David Ellison, CEO of Paramount Skydance, speaks during the Paramount Pictures presentation at CinemaCon, the official convention of Cinema United, in Las Vegas, Nevada, April 16, 2026.Caroline Brehman | ReutersA new movie every 11 days? That's what Paramount's David Ellison is promising after clearing a path this week for his...
Category: News
Why McDonald’s is following Walmart and Amazon into the advertising business
McDonald's on Wednesday announced plans to create its own media network, following in the footsteps of retail giants like Amazon and Walmart. In August, 450 of its company-owned U.S. restaurants began displaying advertising for other companies on its digital drive-thru order boards as part of a pilot. It is early...
Auto industry urges Trump to bar Chinese automakers in U.S. ahead of Xi visit
President Donald Trump greets Vice President of China Han Zheng as SpaceX CEO Elon Musk, U.S. Ambassador to China David Perdue and Nvidia CEO Jensen Huang look on at Beijing Capital International Airport on May 13, 2026.Alex Wong | Getty ImagesThe American automotive industry wants President Donald Trump to maintain...
GM touts new V-8 engines in revived ‘truck wars’ with Ford, Ram amid lackluster EV sales
A General Motors employee at the automaker's Flint Engine plant working on Sept. 16, 2026 to assemble one of its new 5.7-liter Small Block V-8 engines.Michael Wayland / CNBCDETROIT — The buzzing of all-electric vehicles has once again been overtaken by the revving of V-8 engines in the Motor City...
What a historic summer box office reveals about massive shifts in the theatrical industry
"Spider-Man: Brand New Day" and "The Odyssey."Sony (L) | Universal (R)Hollywood has a new summer record. The domestic box office tallied $4.76 billion in ticket sales during the period between May 1 and Sept. 7, the highest haul in cinematic history. The key moviegoing season, which starts the first weekend...