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Taylor Swift’s and Beyoncé’s Concert Films Helped Boost AMC’s Revenue

Taylor Swift’s and Beyoncé’s Concert Films Helped Boost AMC’s Revenue

[ad_1] Taylor Swift’s and Beyoncé’s concert films topped box office charts and helped bring the masses back to the big screen — so much so that they drove the majority of AMC Theatres’ revenue increase last fall, the company said. Total revenue for AMC Theatres grew more than $1.1 billion in the fourth quarter of … Read more

Sports betting industry posts record $11B in 2023 revenue

Sports betting industry posts record $11B in 2023 revenue

[ad_1] Feb 20, 2024, 01:53 PM ET As the American sports betting industry continues to expand, it has reached a high water mark, posting a record $10.92 billion in revenue for 2023, according to the American Gaming Association’s annual report. The huge year for the industry represented a 44.5% year-over-year increase from 2022, which previously … Read more

Instacart cuts 250 jobs after reporting increased revenue

Instacart cuts 250 jobs after reporting increased revenue

[ad_1] Another day, another layoff occuring in the tech world. Instacart, the popular grocery delivery and pick-up service has announced the termination of 250 employees — about seven percent of its workforce. The layoffs are primarily individuals in management, as Instacart told Engadget that it was moving towards a flatter organization. The company also said … Read more