What the Entertainment Industry Has in Store for 2025

WSJ What’s News

The Wall Street Journal

News, Daily News

4.1 • 4.2K Ratings

🗓️ 31 December 2024

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

Dec. 31 Edition. As 2024 draws to a close, WSJ’s Los Angeles bureau chief Sarah Krouse talks about the biggest entertainment trends of the year, and what they mean for 2025. And a sluggish housing market has ripple effects in the economy, including on home retailers. Wall Street Journal reporter Kate King tells us what this means for retail real estate moving forward. Plus, much of Puerto Rico is without power on New Year’s Eve. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Amazon Q Business is the generative AI assistant from AWS, because business can be slow, like waiting through mud.
0:07.4	But Amazon Q helps streamline work so tasks like summarizing monthly results can be done in no time.
0:12.7	Learn what Amazon Q business can do for you at AWS.com slash learn more.
0:20.8	Retailers in the U.S. closed more stores than they opened in 2024.
0:24.8	But looking ahead, the news isn't all bad for retail real estate.
0:28.3	Even though there were more closures than openings among U.S. retailers in 2024, the retail
0:34.1	real estate landscape is still quite strong heading into the new year.
0:37.5	And most of Puerto Rico is without power with a full fix 24 to 48 hours away.
0:43.0	Plus, what the entertainment industry may have in store for 2025.
0:47.3	It's Tuesday, December 31st.
0:49.3	I'm Alex Oslo for the Wall Street Journal.
0:51.6	This is today's edition of What's News,
0:53.5	the top headlines and business
0:54.8	stories that move the world today.
1:03.3	Growth in U.S. house prices dropped to its slowest pace in more than a year in October.
1:08.4	The S&P CoreLogic Case Shiller National Home Price Index,
1:12.3	a closely watched benchmark out today, showed that home prices gained from a year earlier
1:16.4	in October, but declined from the previous month. Even so, this year has been a slow one for
1:21.4	home sales. And that has ripple effects across the economy, including on retailers.
1:26.0	Data firm Corsight Research announced that in
1:28.6	2024, more U.S. stores closed than opened, reversing a two-year trend of net openings.
1:34.5	And retailers who depend on Americans to buy things to fix up and furnish their homes were one
	...

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