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See - Sada Elbalad
3 days ago
- Entertainment
- See - Sada Elbalad
"The Legend of Zelda" Live-Action Movie Release Date Delayed
Yara Sameh 'The Legend of Zelda' live action movie has been delayed from March to May 7, 2027, Sony and Nintendo announced. The new date was freed up when 'Avengers: Secret Wars' moved to December 17, 2027. Originally slated for March 26, 2027, 'Zelda' series creator Shigeru Miyamoto said in a statement it would shift several weeks later 'for production reasons.' 'This is Miyamoto. For production reasons, we are changing the release date of the live-action film of The Legend of Zelda to May 7, 2027. It will be some weeks later than the release timing we originally announced, and we will take the extra time to make the film as good as it can be. Thank you for your patience,' said Nintendo's statement. Wes Ball directs the live-action version of Nintendo's 'The Legend of Zelda' game, with Shigeru Miyamoto and Avi Arad producing. Casting and story have not yet been announced. After Nintendo had a massive hit with Universal Pictures and Illumination Entertainment's 'The Super Mario Bros. Movie,' plans for the 'Zelda' film gained momentum. Over 15 years ago, Ball was already thinking of someday directing an adaptation of the wildly popular game. 'Since I could never even hope to have the chance to direct it…the next big mo-cap 'Avatar'-like movie should be…THE LEGEND OF ZELDA,' Ball posted in 2010. Over a decade later, he came on to helm the Hyrule-set video game adaptation. Ball reposted a gif of 'Back to the Future' on his X/Twitter profile when his old tweet surfaced. read more New Tourism Route To Launch in Old Cairo Ahmed El Sakka-Led Play 'Sayidati Al Jamila' to Be Staged in KSA on Dec. 6 Mandy Moore Joins Season 2 of "Dr. Death" Anthology Series Don't Miss These Movies at 44th Cairo Int'l Film Festival Today Amr Diab to Headline KSA's MDLBEAST Soundstorm 2022 Festival Arts & Culture Mai Omar Stuns in Latest Instagram Photos Arts & Culture "The Flash" to End with Season 9 Arts & Culture Ministry of Culture Organizes four day Children's Film Festival Arts & Culture Canadian PM wishes Muslims Eid-al-Adha News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War Arts & Culture Zahi Hawass: Claims of Columns Beneath the Pyramid of Khafre Are Lies News Flights suspended at Port Sudan Airport after Drone Attacks News Shell Unveils Cost-Cutting, LNG Growth Plan Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream Technology 50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean
Yahoo
07-04-2025
- Business
- Yahoo
Warner Bros Discovery Stock Holds Steady as 'Minecraft' Opens to $300 Million Globally
Warner Bros Discovery (WBD, Financials) shares held steady Monday at $8.02 after the company's Minecraft film posted a $300 million global opening weekend, potentially breaking records for video game adaptations. The company, which generated $39.3 billion in revenue over the past 12 months, received a reaffirmed Market Perform rating and $11.00 price target from Bernstein SocGen Group. Warning! GuruFocus has detected 4 Warning Signs with WBD. The strong opening surpassed early expectations and outpaced 2025 box office competitors including Mufasa, Captain America, and Snow White. Analysts have speculated that Minecraft could ultimately gross more than $1 billion globally, more than double its initial projections. The current record for a video game-based film is held by The Super Mario Bros (2017), which earned $1.3 billion worldwide. The film's success is seen as a potential tailwind for Warner Bros Discovery's Studios segment, which is set to release Superman later this summer. Analysts said the company's strong entertainment slate could help counteract macroeconomic headwinds in its advertising division. Warner Bros Discovery's partnership with Legendary, which is believed to be in a minority position on the Minecraft project, may affect the film's total financial impact for the company. The company's full financial benefit from the film will become clearer as detailed box office returns are reported. BofA Securities recently adjusted its revenue forecast for Warner Bros Discovery's first quarter to $8.9 billion, down from $9.68 billion. Adjusted EBITDA was revised upward slightly to $2.05 billion from $2.02 billion. Raymond James also lowered its price target for the stock to $13.00 while maintaining an Outperform rating. Separately, the company added Anton Levy, former co-president of private equity firm General Atlantic, to its board as an independent director. The move comes amid shareholder activism from Sessa Capital and reflects ongoing corporate governance changes. Bloomberg reported that the company has canceled expansion plans for its Hogwarts Legacy video game franchise. The studio's video game division has been exploring strategic shifts as part of a broader internal reorganization aimed at enhancing segment transparency and evaluating potential asset sales or spinoffs. Warner Bros Discovery's upcoming earnings report will offer further insight into how its entertainment portfolio and structural changes are affecting its broader financial outlook. This article first appeared on GuruFocus. Sign in to access your portfolio
