🛒 Rumors surface regarding potential sale of Imax
Imax Corporation has declined to comment on media reports regarding a potential sale of the business, which triggered a sharp spike in the company’s stock price, surging nearly 11%.
News
📊 ON Media reports Q1 earnings
ON Media Holding, which consolidates the entertainment and media assets of MTS Group, has announced its financial and operating results for the first quarter of 2026.
▶️ Disney+ sharply closes market share gap with Netflix in the US
At the close of the first quarter of 2026, the streaming service Disney+ recorded the strongest year-on-year market share growth in the United States. According to a report by the market aggregation platform JustWatch, the service has closed in on industry leaders Netflix and Prime Video.
🛸 The Force awakens in theaters
The box office debut of The Mandalorian & Grogu—the first Star Wars theatrical release in seven years—gave executives at Disney and Lucasfilm an initial scare.
🎥 Moscow Film Cluster launches "Russian Background Bank"
The Moscow Film Cluster, alongside its technological partners—including XOVP virtual production studio, a resident of the cluster’s production hub—has unveiled a unique roadster vehicle equipped with a specialized multi-camera rig for 360° panoramic capture.
😱 Paramount-WBD merger threatens market collapse
The potential merger of media giants Paramount and Warner Bros. Discovery (WBD) threatens to trigger a catastrophe for the American entertainment market. Industry experts and financial analysts are sounding the alarm.
📱 Russian micro-dramas debut on Chinese platform
The Cheboksary-based film company Kinolenta has partnered with the major Chinese streaming service ShortMax, a popular global app specializing in short-form vertical series.
🌴 Cannes Film Festival crowns its winners
The 79th Cannes International Film Festival has come to a close. The festival’s highest honor—the Palme d’Or—was awarded to Romanian director Cristian Mungiu for his film Fjord. The feature marks the director’s English-language debut and stars Renate Reinsve and Sebastian Stan.
🎶 RAO and 24 Chasa TV settle copyright dispute
The Russian Authors’ Society (RAO) and the audiovisual service 24 Chasa TV have fully settled their legal dispute regarding the lawfulness of utilizing musical works during the online retransmission of television channels.
♻️ Entertainment market shifts from competition to ecosystem
The global entertainment industry is transitioning from fierce platform competition toward the creation of a unified, interconnected content ecosystem.