Taylor Swift’s Eras Tour Is Highest-Grossing Concert Film of All Time
Video Credit: Wibbitz Top Stories - Duration: 01:31s - Published
Taylor Swift’s Eras Tour Is Highest-Grossing Concert Film of All Time
Taylor Swift’s Eras Tour , Is Highest-Grossing Concert Film of All Time.
'Taylor Swift: The Eras Tour' raked in between
$95 million and $97 million during its opening
weekend, according to AMC Entertainment.
.
Official numbers have yet to be tallied.
It is now the highest-grossing
domestic concert film, .
Topping Justin Bieber's 'Never Say Never,'
which garnered $73 million in 2011, CNBC reports.
.
Swift's film was also released in over
3,850 domestic locations, more than
any other concert film in history.
The film’s debut is an undeniable
tentpole-level success despite the challenges
of predicting what it might achieve.
, Shawn Robbins, chief analyst at BoxOffice.com, via CNBC.
Swift, her fans, and theatrical exhibition
should all be celebrating the results, Shawn Robbins, chief analyst at BoxOffice.com, via CNBC.
It's estimated that 4.8 million people went to
see Swift's concert film over the weekend.
The question now is what the
Swift film will do for an encore
in the coming days and weeks, Paul Dergarabedian, senior media analyst at Comscore, via CNBC.
Reports of a spectacular in-theater
experience bodes well for the long-term
playability of the film and guarantees
the film will easily eclipse the
$100 million mark in the domestic market, Paul Dergarabedian, senior media analyst at Comscore, via CNBC
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Walgreens Plans , ‘Significant’ Store Closures.
On June 27, Walgreens announced quarterly earnings
that were poorer than expected, NBC News reports.
The company's stock fell 15% in pre-market trading.
CEO Tim Wentworth issued a press release.
We continue to face a difficult operating
environment, including persistent
pressures on the U.S. consumer and the
impact of recent marketplace dynamics
which have eroded pharmacy margins, Tim Wentworth, Walgreens CEO, via press release.
Our results and outlook
reflect these headwinds, Tim Wentworth, Walgreens CEO, via press release.
Wentworth elaborated in an interview with CNBC.
The consumer is absolutely stunned by
the absolute prices of things, and the
fact that some of them may not be
inflating doesn’t actually change their
resistance to the current pricing, Tim Wentworth, Walgreens CEO, via CNBC.
On a call with analysts, Wentworth said that Walgreens' strategy will have to "include the closure of a significant portion of these underperforming stores.".
75% of our stores drive 100% of our
profitability today. What that means is
the others we take a hard look at, we are
going to finalize a number that we will close, Tim Wentworth, Walgreens CEO, via call with analysts.
The pharmacy chain currently
operates about 8,600 stores
Credit: Wibbitz Top Stories Duration: 01:30Published
US Water System May Be , Vulnerable to Cyberattack, by China, Russia and Iran.
CNBC reports that the United States
water system has been the target of a series
of cyberattacks over the past few years. .
In response, the Environmental Protection Agency
(EPA) has been forced to issue an alert warning
that 70% of water systems do not comply
with the Safe Drinking Water Act.
According to the EPA, some have “alarming
cybersecurity vulnerabilities,” including
unchanged default passwords and former
employees who retain access to vital systems.
In February, the FBI issued a warning to
Congress that Chinese hackers have embedded
themselves into the U.S. cyber infrastructure. .
Those hackers have targeted water treatment
plants, the electrical grid, transportation
systems and other vital infrastructure.
Those hackers have targeted water treatment
plants, the electrical grid, transportation
systems and other vital infrastructure.
Water is among
the least mature
in terms of security, Adam Isles, head of cybersecurity
practice for Chertoff Group, via CNBC.
Stuart Madnick, an MIT professor of engineering
systems and co-founder of Cybersecurity at
MIT Sloan, warns that an attack that shuts off
water to the population is the main concern.
We have demonstrated in our
lab how operations, such as
a water plant, could be shut
down not just for hours or
days, but for weeks, Adam Isles, head of cybersecurity
practice for Chertoff Group, via CNBC.
Recently, EPA Administrator Michael Regan and
National Security Adviser Jake Sullivan sent a letter
to governors stressing the urgency of the threat. .
Recently, EPA Administrator Michael Regan and
National Security Adviser Jake Sullivan sent a letter
to governors stressing the urgency of the threat. .
CNBC reports that budgets, outdated
infrastructure and an overall reluctance to take
action may prevent necessary fixes from
being made before a serious attack.
Credit: Wibbitz Top Stories Duration: 01:31Published
European Union Announces , Higher Tariffs on Chinese EVs.
On June 12, the EU said it will
impose higher tariffs on imports of
Chinese electric vehicles (EVs), CNBC reports. .
The increase in tariffs is the result of a
probe launched by the EU in October.
According to the EU, the Chinese imports benefit "heavily from unfair subsidies" and threaten "economic injury" to European EV producers.
The influx of subsidized Chinese imports
at artificially low prices therefore
presents a threat of clearly foreseeable
and imminent injury to EU industry, European Commission, via statement.
A 38.1% tariff will be imposed on battery electric vehicle producers who refused to cooperate with the bloc's investigation.
A 21% tariff will be implemented for carmakers in China who complied
but have yet to be "sampled.".
On June 11, a spokesperson for China's Ministry of Commerce called the higher
tariffs a "protectionist act.".
The findings disclosed in the EU
ruling lack factual and legal basis, Spokesperson for China's Ministry of Commerce, via statement.
This is a naked protectionist act,
creating and escalating trade
frictions, and 'destroying fair
competition' in the name of
'maintaining fair competition.' , Spokesperson for China's Ministry of Commerce, via statement.
This move by the EU not only damages the
legitimate rights and interests of China’s
electric vehicle industry, but will also disrupt
and distort the global automotive industry
chain supply chain, including the EU, Spokesperson for China's Ministry of Commerce, via statement
Credit: Wibbitz Top Stories Duration: 01:31Published
Elon Musk Drops Lawsuit , Against OpenAI.
In February of this year, Musk filed a lawsuit against OpenAI and two of its co-founders, Sam Altman and Greg Brockman.
In February of this year, Musk filed a lawsuit against OpenAI and two of its co-founders, Sam Altman and Greg Brockman.
In February of this year, Musk filed a lawsuit against OpenAI and two of its co-founders, Sam Altman and Greg Brockman.
The suit alleged that OpenAI initially worked
to develop artificial general intelligence
"for the benefit of humanity" but later strayed
from that goal to become a for-profit entity. .
Musk, who had a hand in launching
OpenAI, was suing "for breach of contract
and fiduciary duty," CNBC reports.
In March, experts told CNBC that the suit had a murky legal foundation because there was no formal written agreement signed by each party.
On June 11, Musk dropped the lawsuit.
It was dismissed without prejudice.
His decision to drop the lawsuit comes
one day after he threatened Apple over
its new partnership with OpenAI.
His decision to drop the lawsuit comes
one day after he threatened Apple over
its new partnership with OpenAI.
He called the partnership "an unacceptable security violation" since Apple has
"no clue what's actually going on.".
It’s patently absurd that Apple isn’t
smart enough to make their own
AI, yet is somehow capable of
ensuring that OpenAI will protect
your security & privacy!, Elon Musk, via X.
Musk went on to say that if Apple
"integrates OpenAI at the OS level," the company's devices will be banned at his businesses.
Credit: Wibbitz Top Stories Duration: 01:31Published
Apple Is Reportedly Building , a Dedicated Passwords App.
On June 6, Mark Gurman from 'Bloomberg' reported that Apple intends to build next-gen iPhones and Macs with a built-in password management app.
On June 6, Mark Gurman from 'Bloomberg' reported that Apple intends to build next-gen iPhones and Macs with a built-in password management app.
The new app will be called Passwords, Engadget reports.
The app will be revealed at the
Worldwide Developers Conference in June.
While Apple already offers password
services via the iCloud Keychain.
it can be tedious to find
or change passwords with it.
A dedicated passwords app would make the whole process easier and likely encourage some people to stick with Apple.
Similarly to subscription password managers 1Password and LastPass, Apple's app will
split passwords into categories.
Similarly to subscription password managers 1Password and LastPass, Apple's app will
split passwords into categories.
Such categories include "accounts, WiFi networks and Passkeys," CNBC reports. .
Users will be able to
import passwords from other apps.
Two-factor verification codes
will also be supported.
It's not clear if Passwords will let you
store files and images as its rivals do.
Credit: Wibbitz Top Stories Duration: 01:30Published
Justin Bieber put on one heck of a show at his most recent concert ... no, he's not touring again -- he performed at a ceremony for a billionaire's wedding. The.. TMZ.com
Scooter Braun is retiring from artist management after more than two decades. Braun, known for managing major music stars like Justin Bieber and Ariana Grande, says he will now focus instead on his role as a board member and CEO of the U.S. division of HYBE, the South Korean entertainment giant. He shared the news in a lengthy social media post, writing, "23 years. That's how long I have been a music manager ... Along the way I have had so many experiences I could never have dreamt of."
Credit: The Hollywood Reporter Duration: 01:34Published
Scooter Braun Retires , From Talent Management.
Braun made the announcement
on June 17, NBC News reports. .
The news doesn't come as much of a
surprise since Demi Lovato and Idina Menzel parted ways with his firm last year.
The news doesn't come as much of a
surprise since Demi Lovato and Idina Menzel parted ways with his firm last year.
The news doesn't come as much of a
surprise since Demi Lovato and Idina Menzel parted ways with his firm last year.
There were also reports that Justin Bieber
and Ariana Grande were considering
finding new management as well. .
There were also reports that Justin Bieber
and Ariana Grande were considering
finding new management as well. .
This chapter as a music manager
has come to an end, Scooter Braun, via statement.
One of my biggest clients and
friends told me that they wanted
to spread their wings and go
in a new direction. , Scooter Braun, via statement.
We had been through so much together
over the last decade, but instead of
being hurt I saw it as a sign, Scooter Braun, via statement.
Braun became the CEO
of Hybe America in 2021.
Trying to balance that job with managing artists didn't leave much time for his family, he said. .
But as my children got older, and my
personal life took some hits, I came to
the realization that my kids were
3 superstars I wasn’t willing to lose, Scooter Braun, via statement.
The sacrifices I was once willing
to make I could no longer justify.
It was time to step into a new role, Scooter Braun, via statement.
Braun also talked about how much success Bieber and Grande have found since he started managing them as kids.
Braun also talked about how much success Bieber and Grande have found since he started managing them as kids.
To see them both come up to be the
legends they are today will forever
be one of my greatest honors, Scooter Braun, via statement.
As we change our working relationships
now, I will continue to root for them
with the same passion that I did at
each of their humble beginnings, Scooter Braun, via statement
Credit: Wibbitz Top Stories Duration: 01:30Published
It’s Friday, October 27th and we’re breaking down all the new music you need to know. Taylor Swift’s ‘1989 (Taylor’s Version)’ is finally here, Rema released his highly anticipated EP..
Taylor Swift , Is Now a Billionaire.
Follow the 33-year-old's recent tour success, Swift's net worth is now $1.1 billion, 'Bloomberg' reports. .
Meanwhile, the U.S. leg of the 146-date
Eras Tour..
Credit: Wibbitz Top Stories Duration: 01:30Published