business

Nia Warfield2/20/25

Amazon doubles down on struggling video business with 007

Amazon is set to take creative control of the James Bond film franchise, after acquiring MGM Studios for $8.45 billion in 2021. The move marks a shift in the iconic series, which has long been produced by Michael Wilson and Barbara Broccoli, heirs of original 007 producer Albert “Cubby” Broccoli.

The James Bond franchise, which spans over 60 years, has earned nearly $8 billion worldwide. Amazon, which had already secured distribution rights after the MGM acquisition, will now oversee the franchise’s creative direction through its joint venture with Wilson and Broccoli. Despite stepping back from production, both producers will remain co-owners of the Bond IP.

“We are grateful to Michael G. Wilson and Barbara Broccoli for their unyielding dedication to the franchise,” said Mike Hopkins, head of Amazon’s Prime Video and MGM Studios. “We are honored to continue this treasured legacy and look forward to the next chapter of 007.”

Amazon to gain creative control of James Bond franchise from Broccoli family

Daniel Craig No Time To Die

The James Bond franchise, which spans over 60 years, has earned nearly $8 billion worldwide. Amazon, which had already secured distribution rights after the MGM acquisition, will now oversee the franchise’s creative direction through its joint venture with Wilson and Broccoli. Despite stepping back from production, both producers will remain co-owners of the Bond IP.

“We are grateful to Michael G. Wilson and Barbara Broccoli for their unyielding dedication to the franchise,” said Mike Hopkins, head of Amazon’s Prime Video and MGM Studios. “We are honored to continue this treasured legacy and look forward to the next chapter of 007.”

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business

Max Knoblauch3/30/26

JetBlue is raising its bag fees as fuel costs squeeze airlines

JetBlue will reportedly hike its bag fees, as the cost of jet fuel continues to climb amid the war in Iran. It’s the latest example of carriers finding ways to push rising costs onto travelers.

Last week, United Airlines CEO Scott Kirby said that if fuel prices remain elevated, fares would need to rise another 20% for his airline to break even this year.

As CNBC reported, when one airline raises fees, others tend to follow.

Earlier this month, JetBlue hiked its first-quarter outlook for operating revenue per seat mile to between 5% and 7%, saying that strong Q1 demand helped “partially offset additional expenses realized from operational disruptions and rising fuel costs.” Now, the carrier appears to be making moves to further boost revenue to offset those costs.

Earlier on Monday, JetBlue rival Alaska Air lowered its Q1 profit forecast. The refining margins for the carrier’s cheapest fuel option — sourced from Singapore and representing about 20% of Alaska’s overall supply — have spiked 400% since February.

JetBlue did not immediately respond to a request for comment.

JetBlue Airways raises bag fees as fuel prices soar

JetBlue Airways raises bag fees as fuel prices soar

As CNBC reported, when one airline raises fees, others tend to follow.

Earlier this month, JetBlue hiked its first-quarter outlook for operating revenue per seat mile to between 5% and 7%, saying that strong Q1 demand helped “partially offset additional expenses realized from operational disruptions and rising fuel costs.” Now, the carrier appears to be making moves to further boost revenue to offset those costs.

Earlier on Monday, JetBlue rival Alaska Air lowered its Q1 profit forecast. The refining margins for the carrier’s cheapest fuel option — sourced from Singapore and representing about 20% of Alaska’s overall supply — have spiked 400% since February.

JetBlue did not immediately respond to a request for comment.

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Americans won’t tolerate bland food anymore — and it’s turned McCormick into a ~$7 billion-a-year spice and sauce giant

Now, McCormick is eyeing Unilever’s food business.

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ByChrisStokel-Walker

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