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Will blockbuster’s revenue rely more on streaming platform release than cinemas?

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In a nod to the power of streaming platforms over cinema, Disney’s Jungle Cruise earned a third of its opening revenues from Disney+ over the weekend

Disney+ let its subscribers pay $30 to stream Jungle Cruise the same day it hit theaters.

Theatre release of Disney’s Jungle Cruise – cinema debut on July 30.

Disney+ release of Disney’s Jungle Cruise also on July 30.

 According to The Hollywood Reporter, early revenue totals from the entertainment giant show that streaming accounted for a third of the film’s revenues.

The film’s Disney+ revenue represented a bigger slice of the total revenue when compared with Black Widow.

Jungle Cruise’s $30 million was about 33 percent of its $91.8 million total, while Black Widow’s $60 million was about 27 percent of $218.8 million total.

Disney hasn’t announced any Premier Access titles that may follow Jungle Cruise.

The new numbers also arrive just days after Scarlett Johansson launched a major lawsuit against the company.

Streaming wars: Scarlett Johansson sues Disney

The star of Marvel’s box office hit “Black Widow”, Scarlett Johansson is suing the Walt Disney Company over allegations it breached the actor’s contract.

Disney released the movie in cinemas at the same time it launched the film on its streaming service – which Johansson says reduced her compensation.

Like many big stars, Johansson’s total earnings for Black Widow were calculated partly on what the total box office earnings were.

Black Widow made its debut on Disney PLUS and in cinemas on July 9 – and Disney PLUS users had to pay an additional $30 fee to watch the film.

Johansson says Disney wanted to steer audiences towards its platform, “where it could keep the revenues for itself while simultaneously growing the subscriber base… a proven way to boost Disney’s stock price”.

Johansson’s lawyers also believe “Disney wanted to substantially devalue the actor’s agreement and thereby enrich itself”.

The lawsuit is seeking an undisclosed amount of damages when it eventually goes to trial – and it could have lasting impacts in Hollywood as streaming services continue to find inventive ways to build their user base.

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Keir Starmer urges bold AI regulation in the UK

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Labour leader Keir Starmer is advocating for strong measures to regulate artificial intelligence in the UK. He argues that such steps are vital to protect jobs and ensure public safety as technology evolves at a rapid pace.

Starmer has outlined a proposed governance framework to oversee the development and use of AI. He highlights the importance of collaboration between the government and tech companies to establish responsible guidelines.

This approach reflects a major shift in the UK’s strategy, balancing the transformative potential of AI with the need to safeguard workers and society.

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LA wildfires burn as death toll rises

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Firefighters in California are waging an intense battle against historic wildfires.

Fire officials are employing a specialized fleet of aircraft to combat the flames from above.

The state’s aerial fleet, managed by Cal Fire, is the largest department-owned firefighting aviation unit in the world, operating from 14 airfields and 11 helicopter bases across the state.

However, a troubling revelation has emerged: a critical reservoir in Pacific Palisades, part of Los Angeles’ water supply system, was out of commission during the height of the fires, raising serious concerns about water availability for firefighting efforts.

As the fires continue to claim lives and devastate communities, we explore the coordination, challenges, and critical gaps in resources impacting the emergency response.

Oz Sultan, the Chief Strategist with the Sultan Interactive Group joins Veronica Dudo to discuss.

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Biden’s final speech: climate threats and Gaza ceasefire

Biden warns Trump team on climate denial, pushes for Gaza ceasefire with hostages’ release and humanitarian assistance.

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Biden warns Trump team on climate denial, pushes for Gaza ceasefire with hostages’ release and humanitarian assistance.

Joe Biden has delivered his last policy speech, addressing critical issues facing the future.

In his remarks, he directly challenged officials in the incoming Trump administration who doubt the reality of climate change.

Biden stated, “They are dead wrong. It’s the single greatest existential threat to humanity.”

He said that the transition to clean energy is already underway and highlighted the competition with China for dominance in clean energy manufacturing and supply chains.

Biden asserted that the United States must succeed in this contest to shape the global economy for decades.

Biden announced he is actively pursuing a ceasefire deal in Gaza during his final days in office.

He stated that the proposed deal aims to release hostages held by Hamas and halt the ongoing fighting.

Biden indicated that this agreement would also enhance security for Israel while significantly increasing humanitarian assistance to the region.

He expressed understanding for the suffering of the Palestinian people, stating they have experienced immense hardship due to the conflict initiated by Hamas.

He stressed the urgency of closing the deal to reunite families with their loved ones taken as hostages.

Biden’s focus on these pressing matters reflects his commitment to addressing significant global challenges even as his presidency comes to a close.

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