BTS Apology, Disney's Dip, and More: Top Entertainment Headlines
This summary highlights the latest in entertainment news, including BTS member Suga's apology for drunk driving on an e-scooter, Disney's forecasted dip in theme park revenue, the rise of the F-word in pop culture, cancelled Taylor Swift concerts, Warner Bros Discovery's asset write-down, Amazon Prime Video's Hollywood expansion, Fox's financial performance, and a potential record-setting comic book auction for Deadpool.
Following is a summary of current entertainment news briefs.
BTS member Suga, part of the globally renowned boy band BTS, issued an apology following a drunk driving incident on an electric scooter that led to a fine and license revocation in Seoul. His label, Big Hit Music, confirmed the details.
Walt Disney has issued a warning about a potential decrease in revenue from its theme park operations in the upcoming quarters. This overshadowed the success of its newest Pixar film and led to a 1.1% drop in the company's stock.
The R-rated movie 'Deadpool & Wolverine,' from Walt Disney, has mainstreamed the F-word, using it over 100 times. Pop stars like Taylor Swift also frequently use it in their music, with public tolerance for the word increasing over time.
The Austrian government cancelled Taylor Swift's concerts in Vienna after discovering a planned attack at the stadium. Chancellor Karl Nehammer credited the quick response of the police and intelligence services for averting a tragedy.
Warner Bros Discovery faced a $9 billion write-down on its TV assets attributed to uncertainties in sports rights and cable fees, contributing to a $10 billion net loss for the quarter, and a subsequent nearly 10% drop in shares.
Amazon Prime Video is planning an ambitious expansion in Hollywood under the guidance of Mike Hopkins, who was initially skeptical of the streaming service's potential beyond Amazon's retail business.
Fox Corp reported a rise in quarterly revenue, driven by increased demand for its Tubi streaming service, beating profit estimates and resulting in a near 5% rise in shares.
A cover artwork featuring Deadpool's first appearance is expected to set a record at a comic-book auction with an $7.5 million asking price, potentially becoming the most valuable comic-book art ever sold.
(With inputs from agencies.)