Christopher Palmeri

Stay informed with Christopher Palmeri’s coverage and analysis.

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Signage outside the MGM Grand hotel and casino in Las Vegas, Nevada, US, on Friday, July 28, 2023. MGM Resorts International is scheduled to release earnings figures on August 2. Photographer: Bridget Bennett/Bloomberg via Getty Images

MGM Resort’s devastating computer hacking that shut down many casino and hotel services cost it $100 million in lost profits

By Christopher Palmeri and Bloomberg

Daniel Do-Dai, right, looks on as his daughter Jennifer Do-Dai excitedly grabs a large Duffy the Disney Bear at Walt Disney World’s Epcot, October 29, 2010. Duffy started out in Tokyo and is taking off around the rest of the world. (Jacob Langston/Orlando Sentinel/Tribune News Service via Getty Images)

Disney’s $500 million teddy bear, Duffy, is largely unknown in the U.S.—but a mega hit in Asia

By Christopher Palmeri and Bloomberg

The Park MGM hotel and casino in Las Vegas, Nevada, US, on Friday, July 28, 2023. MGM Resorts International is scheduled to release earnings figures on August 2. Photographer: Bridget Bennett/Bloomberg via Getty Images

Over the past few weeks, MGM and Caesars were both hacked by one of the most ‘aggressive threat actors’ targeting the U.S.

By William Turton, Christopher Palmeri, and others

Rupert Murdoch arrives to watch the 2017 US Open Men’s Singles final match between Spain’s Rafael Nadal and South Africa’s Kevin Anderson, at the USTA Billie Jean King National Tennis Center in New York on September 10, 2017. (Photo by Jewel SAMAD / AFP) (Photo by JEWEL SAMAD/AFP via Getty Images)

Top Fox lawyer heads for exit after $787.5 million Dominion settlement

By Anthony Lin, Christopher Palmeri, and others

LOS ANGELES – AUGUST 10: Ethan Peck walks the picket line at Paramount Studios on August 10, 2023 in Los Angeles, California. Members of SAG-AFTRA and WGA (Writers Guild of America) have both walked out in their first joint strike against the studios since 1960. The strike has shut down a majority of Hollywood productions with writers in the third month of their strike against the Hollywood studios. (Photo by David Livingston/Getty Images)

‘We’re in pretty good shape’: Hollywood studios are enjoying an unlikely profit bonanza from the ongoing strikes shutting down production

By Christopher Palmeri and Bloomberg

Members of the Writers Guild of America (WGA) and the Screen Actors Guild walk the picket line outside of Netflix in Hollywood, California, on August 9, 2023. Film and TV production ground to a halt 100 days ago when writers downed their pens, only to be joined on the picket lines in mid-July by actors. (Photo by Frederic J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images)

‘We’re in pretty good shape’: Hollywood strikes are actually boosting studio profits—for now

By Christopher Palmeri and Bloomberg

LOS ANGELES, CALIFORNIA – AUGUST 03: Members and supporters of SAG-AFTRA and WGA walk the picket line at Fox Studios on August 03, 2023 in Los Angeles, California. Members of SAG-AFTRA and WGA (Writers Guild of America) have both walked out in their first joint strike against the studios since 1960. The strike has shut down a majority of Hollywood productions with writers in the third month of their strike against the Hollywood studios. (Photo by Amanda Edwards/Getty Images)

Hollywood writers and studios fail to restart contract negotiations: ‘There is no agreement’

By Christopher Palmeri, Caelyn Pender, and others

BEVERLY HILLS, CA – APRIL 29: Christine McCarthy, Senior Executive Vice President and Chief Financial Officer, The Walt Disney Company, participates in a panel discussion during the annual Milken Institute Global Conference at The Beverly Hilton Hotel on April 29, 2019 in Beverly Hills, California. (Photo by Michael Kovac/Getty Images)

Disney’s CFO is stepping down after 8 years in the role and will take a family medical leave of absence

By Christopher Palmeri and Bloomberg

Disney' Josh D'Amaro speaks onstage

Disney admits defeat on ‘Star Wars’ hotel and axes Florida relocation plans for 2,000 employees amid cost-cutting drive and Ron DeSantis dispute

By Christopher Palmeri and Bloomberg

Austin Russell, chairman and chief executive officer of Luminar Technologies Inc., during the South by Southwest (SXSW) festival in Austin, Texas, US, on Wednesday, March 15, 2023. Throngs of musicians hoping for a big break, tech leaders, filmmakers and celebrities will descend upon the conference and multiple festivals that take place over 10 days, highlighting technology, film, culture and music. Photographer: Jordan Vonderhaar/Bloomberg via Getty Images

Forbes magazine’s new majority owner is a 28-year-old billionaire who made his money in self-driving car tech

By Christopher Palmeri and Bloomberg

Members of the Writers Guild union protest outside the Netflix headquarters near Union Square on Wednesday May 3, 2023, in New York. (AP Photo/Stefan Jeremiah)

TV executives says A.I. will soon be used in ‘absolutely’ everything from writing to editing as screenwriters strike to protect their work

By Christopher Palmeri and Bloomberg

Shane Smith, chief executive officer of Vice Media Inc., gestures as he speaks during the Global Business Summit in New Delhi, India, on Monday, March 27, 2017. The Global Business Summit ends on March 28. Photographer: Anindito Mukherjee/Bloomberg via Getty Images

One-time media sensation Vice is preparing for bankruptcy after being valued at $5.7 billion

By Christopher Palmeri and Bloomberg

Netflix DVD mailers.

Netflix to close the curtains on its once-mighty DVD business that helped put Blockbuster in the grave

By Christopher Palmeri and Bloomberg

The Magic Kingdom at Walt Disney World.

Disney hikes hourly pay to $18 for Florida union workers after heiress highlighted their Food Stamp-dependent plight in a documentary

By Christopher Palmeri and Bloomberg

GLASTONBURY, ENGLAND – JUNE 30: Robert Smith of The Cure performs on the Pyramid stage on day five of Glastonbury Festival at Worthy Farm, Pilton on June 30, 2019 in Glastonbury, England. (Photo by Ian Gavan/Getty Images)

The Cure kept ticket prices deliberately low, then Ticketmaster added big fees. Now fans are getting refunds because the lead singer was so furious

By Christopher Palmeri and Bloomberg