NBCUniversal also owns many cable networks such as Bravo, E!, MSNBC and USA, which are facing declining traditional TV viewership. Its broadcast network, NBC, is also losing viewers to its primetime programming.
Although not Hollywood’s largest studio, Universal Pictures is a huge success. Highlights for 2022 include Jurassic World: Dominion and Minions: Rise of Gru. This year got off to an even better start. The “Super Mario Bros. Movie” nearly hit his $900 million mark in worldwide ticket sales in just three weekends in theaters, making it the highest-grossing animated film in the company’s history.
Other highly anticipated films slated for release this year include the tenth edition of the Fast and Furious franchise, along with Christopher Nolan’s highly anticipated Oppenheimer about the famous nuclear physicist. The studio has also launched a flexible distribution strategy with staggered rollouts between theaters and his Peacock, the streaming service for larger films. For smaller titles like “Marry Me” starring Jennifer Lopez and last year’s horror movie “Firestarter,” theatrical releases and streaming debuts coincide.
The company’s theme parks are also bright spots, posting record profits last year as attendance and guest spending increased. intend to do something.
NBCUniversal newsgroups, including MSNBC, NBC News and CNBC, have expanded their traditional viewership across sectors with new subscriber offerings, including the ad-supported news streaming service NBC News Now and the CNBC Pro service. trying to make up for the decline. She has had several successful shows, including a new Sunday show, Inside With Jen Psaki, hosted by the former White House press secretary.
The company is expected to report quarterly earnings this week, and the subsequent conference call is likely to come under close scrutiny.
