Let There Be Carnage’ field workplace is highest pandemic opening

Tom Hardy stars in Sony’s “Venom: Let There Be Carnage”.

Sony

There’s a new king of the pandemic box office.

Sony’s Venom: Let There Be Carnage grossed an estimated $ 90.1 million in domestic ticket sales over the weekend, the best box office since the Covid-19 outbreak began.

Marvel’s “Black Widow” was the previous record holder after looted $ 80 million while in debt in July.

“Venom: Let There Be Carnage” also topped the first “Venom” film, which grossed $ 80.3 million on the 2018 opening weekend. It is also the second highest October opening in film history, right behind “Joker”, which brought in $ 96.2 million in 2019, according to Comscore.

“We … are pleased that patience and theater exclusivity have been rewarded with record results,” said Tom Rothman, Chairman and CEO of Sony Pictures Entertainment, in a statement on Sunday.

For much of 2021, the studios decided to have many of their new films available in cinemas and on streaming platforms at the same time. These decisions were made long before vaccination rates went up and before the Delta variant was widespread in the United States

However, it turns out that the double release has resulted in cannibalization of movie ticket sales. While some studios are still taking advantage of the simultaneous in-theater and streaming debuts for movies, most have returned to an exclusive cinema window.

Cinema operators praised the results of the “Venom” sequel. Cinemark noted that “Venom: Let There Be Carnage” was the grand opening weekend and helped generate the largest movie weekend in October for the company to date.

“This is another strong example of people wanting and needing to leave their homes for an immersive entertainment experience,” said Mark Zoradi, CEO of Cinemark, in a statement.

IMAX also experienced its largest global box-office weekend since December 2019 and recorded its best October weekend ever, the company announced on Sunday.

Highest Paid U.S. Cash Makers In Music: 2020 Rankings

While the pandemic had a catastrophic impact on tour revenue, it increased other royalties as music fans heard more recorded music from the relative safety of their homes via the radio, streaming platforms, or the turntable setups they bought with the money they usually have would be spent on concerts and festivals.

Music recording royalties – from sales, streaming, and publishing – combined increased 56% from $ 197 million in 2019 to $ 308 million. Individually, artist streaming royalties rose a whopping 82% year on year, from $ 106 million to $ 193 million, and made up nearly 50% of the total income of the top 40 moneymakers. Sales licenses, digital and physical, also increased 39% from $ 42 million to $ 59 million; a trend that has continued this year until now.

The list is divided into 22 contemporary artists and 18 heritage artists. (Only live acts were included on this list.) By genre, rock artists took the most places, 13 fewer than last year; Pop acts made up nine entries, up from 14; Land, three points, less than eight; and Latin, two places up, one place up 2019. (As in previous rankings, DJs are included in Money Makers because they rarely report their live earnings, which make up the majority of their income.)

The genre with the biggest gains is R&B / Hip-Hop, which has 12 artists this year, up from three in 2019. When the tour is in full bloom, heritage rockers, country artists and jam bands dominate Money Makers gross because of their concert. In 2020 hip hop was going strong because its artists often have a strong streaming game. On this year’s list, six hip-hop artists who didn’t make the 2019 list ranked in the top 20. Three of them – drake, YoungBoy never broke again and Little baby – placed in the top 10.

1. Taylor Swift: $ 23.8 million

Rank last year:
Stream: $ 10.6 million
Sales: $ 10 million
Publication: $ 3.2 million
Tours: $ 0

‘A Quiet Place’ sequel has highest pandemic opening weekend field workplace

Emily Blunt, Millicent Simmonds and Noah Jupe star in “A Quiet Place Part II”.

Paramount

The box office was anything but quiet at the weekend.

John Krasinski’s “A Quiet Place Part II”, the sequel to his directorial debut from 2018, grossed $ 48.4 million so far over the weekend, the highest of any film released during the pandemic. The transportation was just under the $ 50 million “A Quiet Place” made in 2018.

The Paramount The film is currently on track to raise around $ 58 million for the four-day Memorial Day weekend.

“This is the beginning of act two in the recovery of the film and the kind of performance that seemed unimaginable just a few months ago,” said Shawn Robbins, chief analyst at Boxoffice.com. “The opening of ‘A Quiet Place Part II’ at near levels of its pre-pandemic predecessor, despite ongoing capacity constraints and other regional restrictions, speaks not only to the interest in the sequel itself, but also to the power of going to the cinema.”

“Audiences are increasingly eager to reintegrate this shared theater experience into their daily lives,” he said.

The sequel was widely acclaimed by critics and intended as a must see film, especially in theaters. In reviews, critics touted that seeing the film in a theater enhanced the experience because noise – whether on the screen or in the seats nearby – made the thriller more exciting.

On the way to the holiday weekend, more than 70% of the theaters were open. As vaccination rates continue to rise and the number of coronavirus cases declines, consumer confidence in returning to theaters has increased. Not to mention the studios are finally releasing new content.

Analysts are optimistic that this could be the first weekend the domestic box office could top $ 100 million since the pandemic began. The last time the box office hit that number over a weekend was March 6, 2020.

“The momentous success of ‘A Quiet Place Part II’ knocked out those who believed the pandemic would accelerate the often-predicted downward spiral and ultimate demise of cinema,” said Paul Dergarabedian, senior media analyst at Comscore.

The strong performance of “A Quiet Place Part II” could be supported Disney’s “Cruella”, which was also released this weekend. Current estimates suggest the film could raise nearly $ 30 million. The studio is expected to release its box office data later on Sunday.

The film, however, could do a lot less. After all, it went on sale in theaters that same day and via Disney + for $ 30. Some consumers may have ventured to the movies to see the movie, others may stay on the couch and stream. Plus, the movie will mixed reviews.

WHO chief warns an infection fee approaching highest stage to this point

The Director General of the World Health Organization (WHO), Tedros Adhanom Ghebreyesus, will attend a press conference at WHO headquarters on July 3, 2020, organized by the Union of Geneva Correspondents’ Association (ACANU) in the context of the COVID-19 outbreak caused by the novel coronavirus was organized in Geneva.

FABRIC COFFRINI | AFP | Getty Images

LONDON – The head of the World Health Organization said on Friday an alarming trend of rising Covid cases had caused infections worldwide to reach their highest level since the pandemic began.

“Worldwide cases and deaths continue to rise at a worrying rate,” WHO Director General Tedros Adhanom Ghebreyesus said in a briefing on Papua New Guinea and the western Pacific.

“Globally, the number of new cases per week has almost doubled in the past two months. This is approaching the highest infection rate we’ve seen to date during the pandemic,” he continued.

“Some countries that previously avoided widespread transmission are now seeing large increases in infections,” Tedros said, citing Papua New Guinea as an example.

Tedros said the United Nations Department of Health will continue to assess developments in the coronavirus crisis and “adjust advice accordingly”.

According to international health regulations, Tedros said the WHO emergency committee met on Thursday and he expected to receive their advice on Monday.

“Globally, our message to all people in all countries remains the same. We all play a role in ending the pandemic,” he said.

To date, more than 139 million Covid cases have been reported worldwide, with 2.9 million deaths. This is based on data compiled by Johns Hopkins University.

The WHO declared the coronavirus a global pandemic on March 11th last year.

Digital ruble highest type of cash, Russia says

The digital ruble is the highest form of money, and most Russians will use the digital currency for their daily activities in three years’ time, according to Anatoly Aksakov, chairman of the Russian State Duma committee on the financial market. He said Russia’s central bank will launch a digital ruble prototype by the end of this year.

In an interview with a television broadcaster, RT, Aksakov said the central bank was ready to start testing the CBDC in early 2022. He valued the risk-free nature of the digital ruble and told RT: “It is worth noting that, unlike cryptocurrencies, the risks for digital ruble holders are minimal, as the issuer is known in the person of the central bank, there is financial support. In fact, this is the same ruble, but in digital form. “

He also mentioned that Russia is working to drastically reduce its dependence on the US dollar. “The main reason is geopolitical risk. […] In the past three years the dollar’s share of our international reserves has halved: from 45% to 22%. Russia will rely on the digital ruble as one of the measures to reduce its dependence on the USD. However, he noted that a complete move away from the dollar may be impossible in the near future. “

Other countries are taking similar steps to reduce their dependence on the USD. They have taken similar steps and developed sovereign digital currencies that they believe are a better alternative to reserve currency. For example, China’s digital yuan. Former Governor of the People’s Bank of China Downplayed claims that the digital yuan poses a threat to the USD In December.

“When you are ready to use it, the yuan can be used for trading and investing. But we’re not like Libra and we don’t have the ambition to replace existing currencies, ”he said at the time.

Iranian President Hasan Rouhani has also urged Muslim nations to do so develop their digital currency combat US economic dominance.

Aksakov’s latest comments come when the Russian central bank is concerned about the impact of stablecoin on the economy. Ivan Zimin, the head of the bank’s financial technology department, recently stated that stablecoins threaten the dominance of the ruble in Russia.

“We have already taken the first step to restrict the use of unsecured cryptocurrencies and we will likely take a second step by restricting the use of stable coins for payments,” he said specified.

See also: CoinGeek Live Panel, The Future of Banking, Financial Products, and Blockchain

New to Bitcoin? Check out CoinGeek’s Bitcoin for beginners Section, the ultimate resource guide for learning more about Bitcoin – as originally envisaged by Satoshi Nakamoto – and blockchain.

World cash market funds receive highest inflows in 14 weeks – Lipper

(Reuters) – Investments in money market funds surged to its highest level in the week ending March 31 this year as investors advocated safety amid falling bond prices and new lockdowns in Europe and the region with an increasing number of coronavirus- Had to fight infections.

FILE PHOTO: In this May 26, 2020 illustration, rolled euro banknotes are placed on top of US dollar banknotes. REUTERS / Dado Ruvic / Illustration / File Photo

Global money market funds received $ 44.7 billion in inflows for the week, the largest since the week ended December 30, data from Refinitiv Lipper showed.

Stock funds, on the flip side, saw $ 17.6 billion in inflows, the lowest in three weeks put under pressure by a surge in US bond yields.

Overall, equity funds received a net purchase of $ 289.6 billion in the first quarter, the largest since at least 2013, although inflows slowed towards the end of the quarter. (Graphic: Fund flows into global reverse convertibles and money markets)

Last week, capital inflows were led by the financial sector, which posted a net purchase of 2.37 billion, while the industrial sector received $ 1.1. Billions, the largest in four weeks.

Higher oil prices supported inflows into energy funds. However, precious metals funds continued to see outflows due to a decline in gold prices.

Gold fell 11% in the first quarter of this year, marking the worst start to the year since 1982. (Chart: Global fund flows into equity sectors)

Investments in China-focused equity funds fell to $ 148 million last week, the lowest level in three weeks. This was due to concerns about the sanctions the US and its allies had imposed on officials in the Xinjiang region of China on allegations of human rights abuses, leading to retaliation by Beijing.

Meanwhile, net investors bought $ 8.4 billion worth of global bond funds, about 19% more than the previous week. funded by inflows into medium-term US bonds and high-yield bonds. (Chart: Global Bond Fund Flows for the Week Ending March 31)

Analysis of 23,671 emerging market funds found that equity funds saw inflows of $ 2.06 billion, double the week, while bond funds saw outflows of $ 981 million. (Chart: Fund flows into EM stocks and bonds)

Reporting by Gaurav Dogra and Patturaja Murugaboopathy in Bengaluru; Adaptation by Shailesh Kuber

TSA information highest passenger screenings in almost a 12 months

A Transportation Security Administration (TSA) agent wears a protective mask and stands behind a protective barrier while screening a traveler at Ronald Reagan National Airport (DCA) in Arlington, Virginia, United States on Tuesday, June 9, 2020.

Andrew Harrer | Bloomberg | Getty Images

TSA officers examined 1,357,111 people at airports on FridayThis is the highest number of passengers in a single day since March 15, 2020.

The milestone reflects that air travel is picking up again after a challenging year for airlines caused by the Covid-19 pandemic.

Air traffic in the US hit a low on April 14, 2020. Only 87,500 passengers passed the TSA checkpoints. Travel traffic for 2020 fell by more than 60% to 324 million passengers compared to the previous year. according to the TSA. The TSA screened passengers at 440 airports in the United States

The reduction in travel has hit airlines hard. US airlines lost A total of more than $ 35 billion last year due to the low passenger volume. Airlines have been forced to cancel flights, lock seats and take security measures in response to the pandemic.

Airlines are hoping for a resurgence in travel in the coming months as new Covid-19 cases emerge across much of the country and more people are vaccinated. Thirteen percent of American adults were fully vaccinated from Friday.

Passengers on Friday were still 20% lower than the number of passengers on the same day last year, down almost 38% from 2019.

Bitcoin Hits Highest Degree in Two Weeks as Huge-Cash Bets Circulate

(Bloomberg) – Bitcoin flirted at the $ 54,000 level, hitting a two-week high on Tuesday, aided by further signs of institutional interest in the largest cryptocurrency.

The digital token rose as much as 4.3% and was trading at around USD 53,900 as of 12:54 p.m. in Hong Kong. Rival Ether also jumped, extending a two-day rally in the Bloomberg Galaxy Crypto Index to around 13%.

“The uptrend in Bitcoin and Ethereum is back as more and more big money bets flow into cryptocurrencies,” wrote Edward Moya, senior market analyst at Oanda, in an email. “The institutional interest still seems to be strong.”

The narrative that longer-term investors like family offices, insurers, and corporate treasurers are adding to the risk of tokens is controversial but growing in importance. Goldman Sachs Group Inc. recently announced that there is significant demand from institutions working to restart their cryptocurrency trading desk.

This marks the current bull run in Bitcoin as different from the 2017 bubble, which Goldman Sachs said burst. For skeptics, the crypto rally is a prime example of speculative froth triggered by huge impulses that could quickly unwind as financial conditions tighten.

Bitcoin is in a “strong position” to hit $ 75,000, Evercore ISI strategist Rich Ross wrote in a note. The cryptocurrency has seen some wild swings and is currently around $ 4,500 off a record $ 58,350 that was hit on Feb.21. It is up nearly 600% over the past year, a rally that dwarfs more traditional assets.

Ether, the second largest token, has focused on the prospect of reducing supply in the face of an ongoing upgrade to the connected Ethereum blockchain.

$ 1 billion

On Monday, NYDIG, a provider of bitcoin custody services to institutions, announced that life, annuity and property / casualty insurers have direct and indirect bitcoin exposure of more than $ 1 billion on their platform.

NYDIG also announced a $ 200 million growth equity round led by strategic partners including Stone Ridge Holdings Group, Morgan Stanley, New York Life, MassMutual and Soros Fund Management, among others.

The story goes on

In the past few days, oil billionaire Kjell Inge Rokke has spoken out in favor of Bitcoin. Rokkes Aker ASA is starting a new company to realize its potential. At the weekend, the Chinese beauty app Meitu Inc. announced that it had invested in Ether and Bitcoin. Last month, Tesla Inc. announced it had invested $ 1.5 billion in Bitcoin.

For more articles like this, please visit us at bloomberg.com

Subscribe now to stay ahead of the curve with the most trusted business news source.

© 2021 Bloomberg LP