Tuesday: YouTube To Top Disney; Beatles Cast Revealed; AMC & Dolby; The 21 Coolest Movie Theaters
Hello. It's Tuesday, April 1st. Here is what you need to know.
Today's Headlines
YouTube continues to grow as their Revenue is set to surpass Disney's, according to reporting by Deadline. A financial analyst suggests that the business is responsible for around 30% of Alphabet's valuation. Our take: Ad revenue on YouTube is key as the service continues to roll.
Director Sam Mendes announced at CinemaCon the cast of Four new movies about the Beatles, according to Variety. Mendes is calling it the “first binge-able theatrical experience.” Paul Mescal is cast as Paul McCartney, Joseph Quinn will play George Harrison, Barry Keoghan is Ringo Starr and Harris Dickinson will play John Lennon. Our take: Usually this would scare us a little bit, but Sam Mendes is solid, and the cast sounds terrific.
Dolby Laboratories and AMC Entertainment have announced Plans to build 40 new movie theaters through 2027, reports The Wrap. Our take: They're betting on premium screens. We're rooting for them to succeed.
IndieWire has an excellent breakdown of Why successful indie filmmakers struggle to make a living. Our take: Required reading.
Variety has a great feature on the 21 coolest movie theaters in the world. Our take: Glad to see our fave (The Music Box in Chicago) made the list. Did yours?
Box Office Rankings: Sunday, March 30th
1) Snow White
2) A Working Man
3) The Chosen: Last Supper
4) The Woman In The Yard
5) Death of a Unicorn
MNP Studio Index (Tuesday, April 1st - End of Day Market Close)
Current Value: $99,243.95
Today's Change: -$950.90 (-0.96%)
Total Gain/Loss: -$756.05 (-0.76%)
What's Happening: Not much movement in the last 24 hours.
Current Holdings: Amazon, Comcast, Disney, Lionsgate, Paramount, Sony
Our Take: Lionsgate is still our biggest laggard in the Studio Index, down over 9% since March 17th.
MNP Streaming Index (Tuesday, April 1st - End of Day Market Close)
Current Value: $100,713.20
Today's Change: -$720.45 (-0.73%)
Total Gain/Loss: $713.20 (0.73%)
What's Happening: Alphabet closes up 1.5% on bullish analyst comments about Youtube (see above)
Current Holdings: Apple, Amazon, Comcast, Disney, Fox, Alphabet, Netflix, Paramount, Roku, Warner Brothers Discovery.
Our Take: If you've ever wondered why Alphabet is included in a streaming index, now you know. YouTube is a force to be reckoned with.
MNP Theater Index (Tuesday, April 1st - End of Day Market Close)
Current Value:97,392.55
Today's Change: -$547.75 (-0.56%)
Total Gain/Loss: -$2,607.45 (-2.63%)
What's Happening: AMC was down 3% today after announcing an expanded partnership with Dolby Labs. Imax was up .8% today.
Our Take: So far the Theater Index is trailing, the Studio Index and the Streaming Index since March 17th.
Film Festivals/Conferences Today
Cleveland International Film Festival, March 27-April 5
Diagonale, Austria - March 27-April 1
Cinemacon, Las Vegas - March 31- April 3rd
Watch This Tonight
Worst Person In The World (2021), Directed by Joachim Trier
Renate Reinsve won Best Actress at Cannes for this portrayal of a woman transitioning through life.
Disclaimer/Transparency
MovieNewsPro is a film industry news monitoring service. All stories have been previously reported elsewhere and are not exclusive stories to MNP. All information is believed to be accurate at the time of reporting. MovieNewsPro uses a full array of technology to gather information, including machine learning, automation and artificial intelligence throughout its business monitoring, editing and reporting process. MovieNewsPro sector indexes (Streaming, Studio and Theater) are virtual indexes - there are no actual funds invested. Sector index total value dollar amounts are based on an initial hypothetical investment of $100,000 on March 17th, 2025. We are not licensed investment advisors and our information should not be used as investment advice.
