The movie theater giant, led by CEO Sean Gamble, saw concession and admissions revenues rise from year-earlier levels as tentpoles like 'Spider-Man: Brand New Day' and 'The Odyssey' played on its screens.

Walt Disney Co. is moving toward thousands of job cuts with the entertainment giant asking some managers to target 20% in annual cost savings, according to people familiar with the matter.

Amazon MGM's move will likely be criticized as category fraud but it prevents the studio's two big contenders from going head-to-head.