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Aug 10 (Reuters) – India’s Zee Entertainment Enterprises reported a 46.9% fall in quarterly profit on Monday, hurt by weak advertising revenue and higher costs related to its return to sports broadcasting.
Casino, sports betting and entertainment operator PENN Entertainment (NASDAQ:PENN) met Wall Street’s revenue expectations in Q2 CY2026, with sales up 5.2% year on year to $1.86 billion. Its non-GAAP profit of $0.44 per share was 66.9% above analysts’ consensus estimates.
SM Entertainment logged revenue of 349.6 billion won ($245.6 million) and operating profit of 52.9 billion won for the second quarter, up 15.4 percent and 11 percent, respectively, from a year earlier, driven by strong growth in its concert businesses.
During its second weekend in domestic theaters, Christopher Nolan’s The Odyssey grossed an impressive $87 million, a decline of just 30 percent.
Patty Morin responds to video of actress Selena Gomez crying over deportations on ‘Fox & Friends Weekend’.