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‘Dune,’ ‘Lord of the Rings’ films release delayed due to strike

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Warner Bros movie studio has decided to postpone the anticipated “Dune” sequel’s original November release to March due to the ongoing Hollywood actors’ strike, preventing the film’s stars from promotional activities.

This move deals a setback to theatre chains like AMC Entertainment, Cineplex, and Cinemark, striving to recover from the pandemic’s impact. “Dune,” a highlight of the late 2023 lineup, is affected by this decision.

The sequel, “Dune: Part Two,” featuring Zendaya and Timothée Chalamet, will now premiere on March 15, displacing Warner Bros’ “Godzilla x Kong: The New Empire,” which is rescheduled for April 12.

Consequently, an animated “Lord of the Rings” film initially slated for April has been shifted to December.

The sci-fi follow-up, based on Frank Herbert’s 1965 novel, portrays an intergalactic conflict over a valuable resource. The first instalment, released in 2021 amidst the pandemic, garnered $402 million worldwide.

High-profile actors are refraining from promoting their upcoming projects due to the SAG-AFTRA actors union’s participation in the Hollywood writers’ strike since July 14.

This strike has prompted studios to adjust release schedules, lacking celebrities for red carpets and talk shows that contribute to generating excitement.

Sony Pictures also adapted its strategy for “Dumb Money,” a film inspired by the GameStop stock situation, initially slated for a nationwide release on September 22.

The studio now opts for a gradual release approach, beginning with limited screenings in New York and Los Angeles on September 15, followed by a nationwide expansion on October 6.

Despite the mid-year surge from the “Barbenheimer” frenzy around “Barbie” and “Oppenheimer,” this year’s overall movie attendance remains below pre-pandemic levels.

Additional major films for 2023 include Walt Disney’s “The Marvels,” a Lionsgate prequel to “The Hunger Games,” and “Wonka,” another Warner Bros production featuring Chalamet.

The Writers Guild of America (WGA) strike, initiated on May 2, continues to disrupt scripted TV shows’ production and certain movie shoots.

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Crypto

Crypto crash alert: Bitcoin and Ethereum plunge amid market turmoil

Crypto market downturn hits Bitcoin and Ethereum; insights on volatility, recovery, and long-term targets from Oz Sultan.

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Crypto market downturn hits Bitcoin and Ethereum; insights on volatility, recovery, and long-term targets from Oz Sultan.


The crypto market is facing a sharp downturn as Bitcoin and Ethereum see significant losses, sparking concerns among investors. Analysts warn of continued volatility but remain cautiously optimistic about a rebound by 2026–2027.

We sit down with Oz Sultan from Sultan Interactive Group to break down what’s driving this market shake-up. From $608 million in liquidations to the impact on overall market sentiment, we explore what this means for both short-term traders and long-term investors.

Get insights on Bitcoin’s long-term targets, potential recovery trends, and what historical data suggests for the future of cryptocurrency.

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Airbus hit by new A320 fuselage panel defect triggering share price drop

Airbus faces manufacturing issues with A320 fuselage panels, impacting shares but confirming safety for in-service aircraft.

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Airbus faces manufacturing issues with A320 fuselage panels, impacting shares but confirming safety for in-service aircraft.


Airbus is confronting a fresh manufacturing issue after discovering a quality defect in several dozen fuselage panels used on A320-family jets. The revelation sparked investor concern, with shares falling by up to 10% as the news broke.

While the newly identified flaw has caused some delivery delays, Airbus confirms that aircraft already in service are safe and unaffected. The defect is limited to a specific batch of panels, and all new production now meets required standards.

The company has apologised for the disruption and says it is working closely with suppliers to prevent a repeat of the issue.

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#Airbus #A320neo #AviationIndustry #Manufacturing #AviationSafety #StockMarket #Aerospace #TickerNews


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Bitcoin tanks as markets turn risk-off and tech stocks slide

Bitcoin drops over 7% to $84,555, its lowest in a week, amid waning investor confidence and bearish market pressures.

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Bitcoin drops over 7% to $84,555, its lowest in a week, amid waning investor confidence and bearish market pressures.


Bitcoin has suffered a sharp decline, falling more than 7% and slipping to $84,555 — its lowest point in over a week. After a brutal November where BTC shed more than $18,000, its biggest dollar drop since mid-2021, investor confidence is wavering. Analysts say multiple pressures, including negative ratings for major stablecoins, are amplifying bearish sentiment across the market.

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#Bitcoin #CryptoNews #Markets #TechStocks #Investing #Blockchain #FinancialNews #TickerNews


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