Entertainment, Media & Sports · Week of Nov 2, 2026
Earnings lead the week in entertainment, media and sports
BCE, Live Nation, Under Armour and Reservoir Media reported quarterly results, while others announced holiday events, a film tie-in and a factory investment.
Earnings dominated the week. Live Nation Entertainment reported third quarter revenue of $10.1 billion, up 19%, on fan attendance of 61 million, and Reservoir Media raised its fiscal 2027 outlook after revenue rose 10% to $49.9 million. BCE reported operating revenues up 2.2% but net earnings down 84.6%, which it attributes mainly to lower gains on investments after the 2025 sale of its MLSE stake. Under Armour reported a 7 percent revenue decline to $1.2 billion and lowered its expected gross margin improvement, though it raised its GAAP operating income range.
Outside the results, companies focused on the holiday season and live events. Six Flags set out holiday programming at 11 parks starting Nov. 20, 2026, and KFC launched what it calls its largest global collaboration to date, a Marvel Studios tie-in in 100 countries ahead of the Dec. 18 opening of "Avengers: Doomsday." Beyond Monumental reported four course records and 28 Olympic Trials qualifiers at the Indianapolis Monumental Marathon. Callaway Golf announced a $15 million 3D printing facility in Fort Worth, Texas.
BCE Inc.
BCE reports third quarter 2026 results
BCE reported third quarter 2026 operating revenues of $6,182 million, up 2.2%, and net earnings of $701 million, down 84.6%, which it attributes mainly to lower investment gains after the 2025 sale of its MLSE stake. Capital expenditures rose 49.3% to $1,330 million on Bell AI Fabric data centres and Ziply Fiber's network, free cash flow fell 14.9%, and the company confirmed its 2026 guidance and a $0.4375 quarterly dividend.
Live Nation Entertainment
LIVE NATION ENTERTAINMENT REPORTS THIRD QUARTER 2026 RESULTS
Live Nation Entertainment reported third quarter 2026 revenue of $10.1 billion, up 19%, and adjusted operating income of $1.18 billion, up 14%, with fan attendance of 61 million and international attendance up 29%. The company says it sold about 170 million tickets for 2026 shows through late October and expects full-year attendance to approach 180 million; nine-month operating income fell 25%, including a $450.0 million item for governmental investigations and litigation.
Under Armour, Inc.
UNDER ARMOUR REPORTS SECOND QUARTER FISCAL 2027 RESULTS
Under Armour reported second quarter fiscal 2027 revenue down 7 percent to $1.2 billion, with declines of 7 percent in both North America and international, and a net loss of $0.4 million. It now expects fiscal 2027 gross margin to rise 170 to 220 basis points, down from 220 to 270, while raising its GAAP operating income range to $99 million to $119 million and keeping adjusted operating income guidance at $140 million to $160 million.
Reservoir Media, Inc.
RESERVOIR MEDIA ANNOUNCES SECOND QUARTER FISCAL 2027 RESULTS
Reservoir Media reported second quarter fiscal 2027 revenue of $49.9 million, up 10%, and net income of $4.6 million, compared with $2.2 million a year earlier, with Recorded Music revenue up 18%. It narrowed and raised its fiscal 2027 outlook to revenue of $188M - $192M and Adjusted EBITDA of $77M - $80M, and acquired the José Feliciano recorded music and Billy Strayhorn publishing catalogs during the period.
Six Flags Entertainment Corporation
Six Flags expands the holiday cheer with more parks, more events and more ways for families to celebrate in 2026
Six Flags announced holiday events at 11 parks in the United States, Canada and Mexico from Nov. 20, 2026, with some running to Jan. 17, 2027, including reimagined Holiday in the Park events at Six Flags Great Adventure and Six Flags Over Georgia. The company also introduced free unlimited home-park admission for guests age 65 and older, excluding Knott's Berry Farm, and Black Friday offers valid through Nov. 30.
Beyond Monumental
Four Course Records and 28 Olympic Trials Qualifiers Highlight Historic 2026 CNO Financial Indianapolis Monumental Marathon
Beyond Monumental reported that four course records fell at the 19th CNO Financial Indianapolis Monumental Marathon, including Johnnie Guy's 2:11:47 and Lindsey Bradley's 2:29:47 marathon wins. It says 28 athletes ran qualifying times for the 2028 U.S. Olympic Team Trials – Marathon, up from 13 in 2025, and the event recorded its earliest sellout with 18,000 registered participants.
Kentucky Fried Chicken
KFC Brings the Doom: New Marvel-Inspired Menu Lands Ahead of Marvel Studios' "Avengers: Doomsday"
KFC announced a limited-time Doctor Doom-inspired menu tied to Marvel Studios' "Avengers: Doomsday" in 100 countries, available from 9 November in select markets through January 2027. KFC calls it its largest global collaboration to date; the menu will not be offered in the United States, India or China, and the film opens on December 18, 2026.
Callaway Golf Company
Callaway Golf Announces U.S. Investment to Lead a New Era of Golf Club Performance
Callaway Golf announced a $15 million investment in a 3D printing facility in Fort Worth, Texas, expected to be operational in mid-2027 and to begin supporting a portion of its U.S. product needs in 2028, starting with custom titanium products. The company says the facility builds on about seven years of additive manufacturing R&D and will allow club designs that conventional methods cannot achieve.
This roundup is written with AI assistance from the press releases listed above, using only what they state. The releases are the companies' own announcements, not Tourism Gazette reporting.