entertainment

How Much Would You Pay to Stream a New, First-Run Movie?

Movie studios and theater owners are talking about shortening the between a movie's first theatrical release and the first day the movie may be streamed. The gap between the so-called ...
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‘Beauty and the Beast’ Opens With $170 Million in Ticket Sales

"Beauty and the Beast," released last week by Walt Disney Co. (NYSE: DIS), broke several ticket sales records as it opened with sales of $170 million. No other movie has ...
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Marijuana News Roundup: Attorney General Sessions’ Mixed Message on Pot

When prepared remarks by U.S. Attorney General Jeff Sessions were posted online ahead of a speech by the AG in Richmond, Virginia, the speech contained a statement that Sessions did ...
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Marijuana Price Jumps 5% to $1,655 a Pound

For the week ended Friday, March 17, 2017, the spot price index for a pound of cannabis increased by 5.1% from $1,574 in the prior week to $1,655. According to ...
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Legalizing Marijuana in All 50 States Could Cut 7% of Beer Sales

One of the unintended side effects (probably) of legalizing marijuana for recreational use could be a drop of 7.1% in retail sales of beer, or about $2 billion, according to ...
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Will Pandora’s On-Demand Streaming Service Make a Difference?

Music-streaming service Pandora Media Inc. (NYSE: P) launched its premier on-demand streaming service, Pandora Premium, Monday morning. The new service will cost $9.99 a month, after a free trial period ...
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Marijuana News Roundup: No State Wants to Be Left Behind in Pot Legalization

Whether or not California's recent approval of recreational marijuana is the catalyst, there are as many as 17 other states looking seriously at legalizing pot for fun. Essentially, state legislators ...
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Marijuana Price Ticks Up 1% to $1,574 a Pound

For the week ended Friday, March 10, 2017, the spot price index for a pound of cannabis increased by 1.1% from $1,556 in the prior week to $1,574. According to ...
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LEGO Batman Movie Becomes Top Grossing Movie of 2017

"The LEGO Batman Movie" has legs. It moved into the top spot as the number one film based on domestic box office sales so far in 2017. Total sales were $151.2 billion ...
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Stealing Video in Russia: People Say Not a Crime, Not a Problem

Pirating copyrighted material has been a thorn in the side of the music, movie and television production business for decades. When it became possible to make digital copies of these creations, ...
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State Tax Collections Could Add $2.3 Billion from Legal Marijuana Sales in 2020

In the 28 states and the District of Columbia where marijuana use either for medical or recreational purposes is legal, state tax collections on legal retail sales is expected to ...
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Marijuana background leaf

Marijuana News Roundup: Mixed Signals from Trump Administration on Pot Law Enforcement

Another week has passed and, if anything, the Trump administration's approach to legal marijuana sales and use is just as unclear as ever. In a recent public statement, Attorney General ...
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cannabis plants

Marijuana Price Skids 4% to $1,556 a Pound

For the week ended Friday, March 3, 2017, the spot price index for a pound of cannabis decreased by 3.8% from $1,618 in the prior week to $1,556. According to ...
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streaming music

Is Apple Losing the Music Streaming War?

At the end of December, Apple Inc. (NASDAQ: AAPL) counted about 20 million paid subscribers to its Apple Music streaming service. On Thursday, privately held Spotify announced that it had ...
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Wow

Opportunity Knocks: Vice Media Seeks Hedge Fund Investors

One would not expect hedge funds to be particularly fertile ground for the CEO of a startup media company to plow when looking for new funding. But what one doesn't ...
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