Universal Pictures' 'Jurassic World' remained the top-selling home video title for the second consecutive week — despite the arrival of three high-profile newcomers that lined up right behind it on the national home video sales charts for the week ended Nov. 1.
Facing greater-than-expected advertising and subscriber declines at its networks, Time Warner CEO Jeffrey Bewkes Nov. 4 said the media giant will look to hold back content licensing rights to subscription-streaming services while accelerating rollout of proprietary digital services, including direct-to-consumer.
Warner Bros. saw third-quarter (ended Sept. 30) operating income increase 62% ($148 million) to $385 million compared with the same period a year ago. Revenue increased 15% ($415 million) to $3.2 billion.
Twentieth Century Fox Nov. 4 reported first-quarter (ended Sept. 30) operating income of $149 million, which was down 67.5% ($309 million) from operating income of $458 million during the previous-year period. Revenue fell nearly 28% ($691 million) to $1.79 billion.