Roku priced its initial public offering at $14 a share, giving the maker of streaming video players a valuation of $1.3 billion, according to a source familiar with the matter. 

The company is set to make its debut on the Nasdaq exchange on Thursday under the symbol "ROKU."

The IPO price is at the high end of the $12 to $14 a share range that Roku set earlier this month in its prospectus. Roku plans to sell 15.8 million shares from both Roku and some of its private shareholders.

The offering will raise $126 million in funding for Roku, while giving existing shareholders of the company roughly $93 million. 

Roku is best know for selling inexpensive boxes that allow consumers to stream Netflix, YouTube and other streaming video services to their televisions. The company also offers its software to other consumers electronics makers that want to use it as the interface for their smart TVs.  

Roku's revenue is growing fast as cord-cutters and other consumers snap up its devices, the cheapest model of which sells for $30.  

Despite its high valuation, Roku is still in the red. The company lost $24.2 million in the first half of 2017. And while the company is trying to move away from the fiercely competitive, low-margin hardware business so that it can grow its advertising business, there are significant challenges facing the company in both markets. 

Investors will also need to be comfortable with Roku's dual-class stock structure, which will give its CEO and other insiders control of 98% of the voting power, even after the IPO.

SEE ALSO: Here's how Roku — the electronics company that's kept Apple and Amazon at bay — makes money

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Playboy Magazine founder Hugh Hefner has died, Playboy Enterprises confirmed in a press release on Wednesday night, he was 91. The organization said Hefner died of natural causes at his home while surrounded by friends and family.

Hefner's son Cooper, the Chief Creative Officer of Playboy Enterprises, said in the company statement: "My father lived an exceptional and impactful life as a media and cultural pioneer and a leading voice behind some of the most significant social and cultural movements of our time in advocating free speech, civil rights and sexual freedom."

"He defined a lifestyle and ethos that lie at the heart of the Playboy brand, one of the most recognizable and enduring in history. He will be greatly missed by many, including his wife Crystal, my sister Christie and my brothers David and Marston and all of us at Playboy Enterprises."

The entertainment icon was born Hugh Marston Hefner on April 9, 1926. He founded Playboy Magazine in 1953, taking $8,000 in borrowed money to develop the publication, eventually building it into an iconic media empire, The Hollywood Reporter wrote on Wednesday.

Playboy's buxom models were the objects of millions of men's fantasies as Hefner challenged what he derided as America's "Puritanical" attitudes toward sex.

For decades, he was the pipe-smoking, silk-pajama-wearing center of a constant fantasy party at Playboy mansions in Chicago and then in Los Angeles.

Hefner was sometimes characterized as an oversexed Peter Pan as he kept a harem of young blondes that numbered as many as seven at his legendary Playboy Mansion. This was chronicled in "The Girls Next Door," a TV reality show that aired from 2005 through 2010.

"I'm never going to grow up,"Hefner said in a CNN interview when he was 82. "Staying young is what it is all about for me. Holding on to the boy and long ago I decided that age really didn't matter and as long as the ladies ... feel the same way, that's fine with me."

Hefner's next-door neighbor, Daren Metropoulos, bought the Playboy Mansion in August 2016 for $100 million. Hefner reportedly agreed to the sale on the condition that Metropoulos would allow him to live out the rest of his days there.

The Associated Press and Reuters contributed to this report.

SEE ALSO: Trump's 1990 Playboy interview perfectly lays out his view of the world

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NOW WATCH: Hugh Hefner's son reveals what it was like growing up in the Playboy Mansion

For some, the changing leaves are indicative of fall, while for others it's that alluring scent of the wildly popular pumpkin spice latte — a seasonal coffee drink, known as a PSL, that mysteriously gives you a burst of delicious pumpkin pie flavor without the hassle of baking or dishwashing.

Surprisingly, those spices that go into a homemade pumpkin pie constitute less than 11% of the pumpkin pie syrup, which gives your fall beverage its incredible flavor. It has an even smaller amount of actual pumpkin.

So how does the PSL manage to taste like pumpkin pie when it has so little of what makes pumpkin pie so awesome?

For the answer, we must turn to science. We first learned about the amazing science behind the popular drink from food scientist Kantha Shelke on the Institute of Food Technologists.

Here are the facts:

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NOW WATCH: This 3-minute animation will change the way you see the universe

Hugh Hefner passed away at 91 Wednesday evening, leaving behind the Playboy legacy he started in 1953.

Hefner launched Playboy's first issue with one of the most recognizable and fascinating starlets of film's golden age gracing the cover — Marilyn Monroe.

But she wasn't just on the cover, there were also nude photos of her in the magazine.

The magazine became an instant success, selling 50,000 copies almost immediately, according to the Daily News. And Hefner always attributed the success of Playboy to Monroe's inclusion in its inaugural issue.

But Monroe never actually signed an agreement to be in Playboy.

Before Monroe hit it big, she was (as many aspiring actresses are) in need of cash. In 1949, she posed nude for photographer Tom Kelley in exchange for fifty dollars. Kelley sold his photographs of Monroe to Western Lithograph Company, which made calendars.

Only a year later, things turned around for the actress when her career finally began to take flight. In 1950, Monroe appeared in two films, "Asphalt Jungle," and "All About Eve," and the starlet finally began to gain recognition.   

Four years later, Monroe's images resurfaced when Hefner purchased Kelley's photographs of Monroe with "nothing but the radio on" from the Chicago calendar maker for $500, according to the LA Times. Hefner made Monroe his first ever centerfold, or "Sweetheart of the Month," as it was called at the time. (Hefner didn't come up with his idea for "Playmate of the month" until about a year after the magazine's launch.)

After the publication, Monroe made the decision to do an interview in which she explained that she had been desperate for money when she posed for the nude photos. And it didn't seem to negatively affect her career at all. She also developed a close relationship with Hefner.

Strangely enough, Hefner will be laid to rest beside Marilyn Monroe in Westwood Village Memorial Park, located in Los Angeles, California. He bought the crypt next to Monroe's for $75,000 in 1992, according to The Guardian.

SEE ALSO: The insane life of 26-year-old Cooper Hefner, son of the late Playboy millionaire

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NOW WATCH: Microsoft CEO Satya Nadella: America's immigration policy is one of our biggest competitive advantages

"Super Mario Run," Nintendo's first Mario game for smartphones, got its first major update on Thursday since its release last December. 

The new update includes new courses, a mode with super-quick gameplay, a new playable character, and other improvements.

Designed to be played without a controller, the touch-screen controls for "Super Mario Run" are dead simple: you just tap the screen to make Mario jump.

Marking the first time Mario arrived on a smartphone, "Super Mario Run" was announced at the Apple press event last fall where Apple unveiled the iPhone 7. Legendary game designer Shigeru Miyamoto even appeared with Apple CEO Tim Cook on stage. 

Although Super Mario Run was exclusive to iPhones for its first three months, it's now available for Android phones too. Today's update is available on both the Apple App Store and Google Play. 

The game is free to download, but it costs $9.99 to unlock all the levels. Currently, it's half-off at $4.99. 

Here's the full change log: 

Remix 10, made of some of the shortest Super Mario Run courses you'll ever play, is here!
There are also some brand-new courses, a new playable character, and a new feature that lets you listen to your favorite music while you play!
Why not try out the updated Super Mario Run?

■Remix 10: Super Mario Run courses done short and sweet!
In Remix 10, you'll challenge 10 very short courses in a row. Daisy is lost somewhere along the way, so if you play enough courses you'll be able to find her! You'll also be able to play some extra Bonus Games and a Super Bonus Game to get various buildings for your kingdom as you run through this mode.

■Even more fun with World Star!
There are some new courses to explore, including a forest, a ship packed with coins, and a whole airship armada. Each course adds a whole new level of fun!

■Daisy, a new playable character, is here, and she brought a double-jump skill with her!
If you play through enough Remix 10 courses, Princess Daisy of Sarasaland will join your group of friends. Her double-jump ability lets her jump while she's already midair!

■Listen to your favorite music with the music-play feature!
Now you can listen to music stored on your device while playing Super Mario Run. Mario and his friends will wear headphones when this feature is turned on! Find some music that will get you pumped to run some courses!

■New buildings for Kingdom Builder mode
You may earn brand-new buildings from the Bonus Games in Remix 10. Try to get as many as you can!

■The way opponents are selected for Toad Rally has been adjusted. There is now less of a chance you'll play against someone whose Toad population is significantly different from yours.

SEE ALSO: Nintendo's first iPhone game has a long-term revenue problem

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In 1952, Hugh Hefner was a 26-year-old copywriter at Esquire magazine with an entrepreneurial dream. 

Hefner, who died on Wednesday at the age of 91, famously founded Playboy magazine in 1953 after Esquire denied him a $5 raise to his $60-a-week salary.

As The Wrap notes, Hefner quit Esquire in 1952, took out a mortgage of $600, and raised $8,000 from 45 investors, including $1,000 from his mother, to set the foundation for Playboy. 

The first issue of Playboy Magazine hit newsstands in 1953. 

It featured nude photographs of actress Marilyn Monroe, which were taken from a 1949 calendar shoot, according to The Wrap.

The first issue was an instant hit, selling more than 50,000 copies and laying the groundwork for an iconic brand that would go on to make millions over the decades. 

In the early 1970s, Playboy magazine hit its peak, with sales of seven million copies for a single issue. In 1999, Hefner's 70% ownership of Playboy stock was valued as high as $399 million, according to The Telegraph.

Though sales of the magazine dwindled in recent decades, the Playboy brand is still worth millions. Market researcher Wealth-X told Business Insider that Hefner was worth at least $110 million at the time of his death, with roughly $45 million in liquid assets. 

SEE ALSO: Here's who will likely inherit Hugh Hefner's millions

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Hugh Hefner will be laid to rest next to Marilyn Monroe, one of Hollywood's most famous and scandalous actresses — and the first woman to ever grace the cover of Playboy.

Hefner purchased a crypt next to Monroe's in 1992 for $75,000, according to the Daily News. The crypt is located in Westwood Village Memorial Park in Los Angeles, California. 

Hefner attributed much of Playboy's success to Monroe's inclusion in the magazine's first issue and as a result, the two developed a close relationship. Hefner once remarked that he found the idea of his being buried next to Monroe, "rather poetic."

Truman Capote, Dean Martin, and Ray Orbison are some of the other celebrities buried in Westwood Village.

The iconic Playboy creator passed away Wednesday evening at 91 due to natural causes.

SEE ALSO: Playboy founder Hugh Hefner dead at age 91

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Iconic for its groundbreaking nude centerfolds, critics have lambasted Playboy for objectifying women since Hugh Hefner printed the magazine's first issue in 1953.

Hefner died Wednesday at age 91.

Hailed as a visionary by those who appreciated his mindset, and derided by those who charged he peddled smut, Hefner was one of the 20th century's most polarizing figures.

He described his magazine as a showcase for beauty, and fought his entire life for gay rights, integration, and free speech.

In an interview with NPR in 2003, Hefner responded to critics who called Playboy sexist, explaining that he saw the brand as a showcase for appreciating beauty:

"What I wanted to create was a pinup phenomenon that was devoted to the girl next door. Beauty is everywhere — on the campus, in the office, living next door. That was the concept ... Nice girls like sex too — it's a natural part of life. Don't be ashamed of it. Part of the sexual revolution is bringing rationality to sexuality. Because when you don't embrace sexuality in a normal way, you get the twisted kinds, and the kinds that destroy lives."

Some considered Hefner the founder and leader of the sexual revolution in the 1960s. Others accused him of profiting from misogyny.

"There is nothing revolutionary about men exploiting women for their own sexual gratification or financial gain," Claire Heuchan wrote for Glamour magazine after his death. "It has been happening for hundreds of years, and is called patriarchy."

Hefner didn't shy away from his notorious appreciation for women's bodies, even admitting to Vanity Fair in 2010 that he actually did consider women "objects."

"Feminists still oppose you for treating women as objects," John Heilpern said to Hefner in the dining room of the Playboy Mansion.

"They are objects!" he responded. "Playboy fought for what became women's issues, including birth control. We were the amicus curiae, friend of the court, in Roe v. Wade, which gave women the right to choose. But the notion that women would not embrace their own sexuality is insane."

"Some believe you have a prurient interest in them," Heilpern pressed.

"I certainly hope so!" Hefner responded.

Hefner was married to three women, slept with thousands, and had countless girlfriends — many of them Playboy Playmates who lived with him at the mansion.

Holly Madison, who was Hefner's main girlfriend for years and gained fame on the E! show "The Girls Next Door", alleged in her 2015 tell-all memoir that Hefner had strict rules for his girlfriends and subjected them to sex rituals.

In 1963, feminist icon Gloria Steinem went undercover as a Playboy bunny in one of Hefner's clubs in Manhattan. She revealed the women had to undergo STD testing before they could interact with men in the clubs, were underpaid, overworked, and frequently experienced unwanted sexual contact from the "guests."

Her investigation did improve working conditions at The Playboy Club, and most shut down by the 1990s, though some still exist today.

Hefner reportedly told Steinem in 1970 that feminism was "foolishness."

"What Playboy doesn't know about women could fill a book," she told him, according to The Hollywood Reporter. "There are times when a woman reading a Playboy feels a little like a Jew reading a Nazi manual."

Hefner saw Playboy as a place to embrace sexuality in a healthy way.

"If you don't encourage healthy sexual expression in public, you get unhealthy sexual expression in private," Hefner said in Playboy in 1974, according to CNN. "If you attempt to suppress sex in books, magazines, movies and even everyday conversation, you aren't helping to make sex more private, just more hidden. You're keeping sex in the dark. What we've tried to do is turn on the lights."

SEE ALSO: The 25 most famous women to appear on Playboy's cover

DON'T MISS: Hugh Hefner went deaf from too much Viagra but said he'd rather have sex than hearing

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NOW WATCH: Hugh Hefner's son reveals what it was like growing up in the Playboy Mansion

The famous dancing hot dog will soon have a lot of highly-monetized friends.

Snap announced, on Thursday, that advertisers will have the ability to create their own versions of the dancing hotdog and make their creations available to either national or to targeted audiences, and the stock is rising.

Snap is up 2.05%, and is trading at $14.41. 

The company is attempting to jump-start its advertising business by offering unique products to advertisers. Its dancing hotdog filter was immensely popular and Snap estimates that the filter was viewed 2 billion times.

The new sponsored filters will be able to be moved around, re-sized and animated. Brands Warner Bros and Bud Light have been testing the new ad product already.

Recently, Snap has been struggling against its social media rivals Facebook and Instagram. Instagram has been copying Snap's new features on a regular basis making it difficult for the company to differentiate itself in the crowded ad market. Snap's announcement came at the end of Advertising Week in New York.

Snap shares are trading 15.29% below their initial public offering price of $17.

Click here to watch Snap trade in real time...

SEE ALSO: Snapchat will now let brands create animated objects like the popular dancing hot dog

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NOW WATCH: Bitcoin's bubble swells with a new record high

It's finally here! This is the week you can buy the Super NES Classic Edition, Nintendo's $80, nostalgia-laced game console.

At very least, this is the week the console goes on sale — whether you can actually buy one is another question altogether. The tiny game console is expected to be in high demand.

Chances are that if you're reading this, you weren't able to preorder the Super NES Classic Edition in late August. That's OK — Nintendo swears you'll be able to buy it on Friday.

But where do you have the best shot at getting one? We have answers.

SEE ALSO: I've been playing the new $80 Super Nintendo Classic Edition for nearly a week, and it's a delight

1. GameStop (and its subsidiary ThinkGeek)

Every GameStop and ThinkGeek store will have Super Nintendo consoles for sale on Friday — how many each store will have is unclear.

"All GameStop and ThinkGeek stores will have SNES Classic systems available for walk-ins —quantities are limited, so GameStop recommends being at your local store when doors open at 10 a.m.," a company representative told Business Insider.

There are nearly 4,500 GameStop stores in the US, so there are a lot of opportunities to find the console in person. But like the statement above says, you should arrive ahead of opening for your best shot at buying one on Friday.

2. Best Buy

Like GameStop and ThinkGeek, every Best Buy location — over 1,500 in the US — will have Super Nintendo consoles for sale on Friday.

Unlike GameStop, however, Best Buy is handling the expected demand by using a ticketing system: If you're at your local Best Buy by 7 a.m., and it has enough consoles, you'll get a ticket and are guaranteed the ability to buy the console when the store officially opens.

Since Best Buy may not be the first place people turn for a new game console, your chances of getting the Super Nintendo may improve by going to a slightly less obvious store. Maybe!

3. Target

Every Target location will have Super Nintendo consoles for sale on Friday.

And since some Target locations open extra early, you could have a console in your hands by early Friday morning. You'll want to check in with your local store to see how it's handling the process, and at very least to check on when the store opens.

The Playboy founder and lifelong ladies' man Hugh Hefner died of natural causes on Wednesday at age 91.

He left behind the Playboy empire, a 31-year-old wife, and four kids (one daughter and three sons).

His children come from his two previous marriages. One child has managed to stay out of the spotlight, one is following in his father's footsteps, one has used her resources to do charitable work, and one wrote a book about zombies.

But exactly who are Hefner's children, the people responsible for carrying on his legacy?

Here's what Hefner's kids are up to today.

SEE ALSO: Amazon recently made a 10-part series about Hugh Hefner's life — here's how to watch it

Cooper Hefner — 26 years old

Cooper Hefner, the youngest of Hugh's children, has achieved quite a lot by age 26. He is the chief creative officer or Playboy Enterprises, the founder and former CEO of the upstart media company Hop, and a member of the California State Military Reserve.

Cooper's mother is Kimberly Conrad, Hugh's second wife who's a former "Playmate of the Year." Conrad and Hugh divorced in 2010 after being separated for 11 years.

Cooper confirmed his father's death with a statement to People on behalf of the company:

"My father lived an exceptional and impactful life as a media and cultural pioneer and a leading voice behind some of the most significant social and cultural movements of our time in advocating free speech, civil rights and sexual freedom. He defined a lifestyle and ethos that lie at the heart of the Playboy brand, one of the most recognizable and enduring in history. He will be greatly missed by many, including his wife Crystal, my sister Christie and my brothers David and Marston, and all of us at Playboy Enterprises."

He grew up at the Playboy Mansion, and you can follow his lavish lifestyle on Instagram.

Marston Hefner — 27 years old

Tweet Embed:
https://twitter.com/mims/statuses/886041850804490240?ref_src=twsrc%5Etfw
The backgammon crew for years and years and years pic.twitter.com/AmfGsKduv1

Marston, the first child of Hugh and Conrad, is Cooper's older brother. For the first eight years of his life, he lived in the Playboy Mansion. He has gotten into a bit more trouble than Cooper, though.

In 2012, Marston was arrested on suspicion of attacking his girlfriend, Claire Sinclair, a Playboy Playmate. He was sentenced to one year in a domestic-violence program. The court also ordered him to stay away from Sinclair for three years.

Marston has an unverified Twitter account with about 21,000 followers. His bio says he's a "writer and gamer." He writes under the name Marston Glenn and apparently wrote a book about zombies, called "Bleed."

David Hefner — 62 years old

David is Hugh's eldest son and the second child from Hugh's first marriage, to Mildred Williams. Mildred and Hugh married in in 1949 and were divorced in 1959.

David has mostly stayed out of the spotlight and away from the Playboy brand. It's unknown what exactly David does — some reports have said he owns a computer-consulting company, and others have said he is a computer-graphics specialist for independent films.

In 2012, Hugh tweeted a photo with David, which has since been deleted.

Most people remember him as the lovable geek next door, but Jaleel White been in many other shows since "Family Matters" went off the air. We spoke with White, who currently stars in the CBS series "Me, Myself, and I," about what it was like playing Steve Urkel and what he's been up to since the days of TGIF. If you're feeling nostalgic, "Family Matters" will be available to binge on Hulu start September 29, 2017. Following is a transcript of the video.

"Did I do that?"

Hi, I'm Jaleel White. People know how I ended up on that show. It was a guest spot that turned into a 215 episode journey.

"Family Matters" was a show that we shot in front of a live audience. It gave you a very theater feel. You got pumped and jacked like an athlete taking the field.

"Hehehe..."

"Hi Laura, my little sweet potato."

I've lived all of these episodes, so people literally sometimes will quote episodes to me in the streets, and I'm like I can thumb in my head pretty quickly and be like, "Okay, season 4." "No, that's season 3. That's season 5."

"As my grandma once said when she overcooked our noogies, tough noogies!"

What's cool and relevant, though, about "Family Matters" is that I guess we're dropping on Hulu. People still appreciate the work and somehow, in a really weird way, it's being appreciated even more with time. So it seems to be aging like wine right now. Whereas it wasn't aging like wine for a while. It was just there.

"There is no Steve here. I'm Stefan sweet thing."

You're always going to have some similarities with your characters. I mean that's just bound to happen. Steve Urkel was unusually athletic. You know, I was athletic. So that was something that we added to the character that was intrinsically Jaleel.

I would have tried to be an athlete, but I don't have an athlete's body. I'm not 6'8" with a wingspan that, you know, reaches all walls of the room. I would have definitely hovered around the sports community. Maybe even ended up in marketing, or as an agent, or something like that.

I think everybody goes through ups and downs in their life. But the most profound impact on my life was the birth of my daughter. I think I was born to be a father. It helped recalibrate a lot of my life priorities.

My daughter is a YouTube kid. So my parents have tried to foist "Family Matters" on her. And she'll watch it, and she thinks it's funny because I'm talking in a high-pitched voice. But she goes right back to her YouTube.

Being a dad, I barely have time to watch the shows I want to watch. I enjoy more of eclectic stuff. Like the food shows you'll find on Netflix and stuff like that. I'm not so much of a "Bachelor" guy.

I just became a working actor really after "Family Matters." Everything from "Dreamgirls" to "Boston Legal" to NCIS" to "CSI." You name it, I did it all.

My favorite probably out of all of the jobs though that I've worked were "Total Blackout," which is a show that I hosted for SYFY, and my guest appearances on "Psych."

"Now we just have to find the perpetrators who did this evil deed ..."

"And kill them."

"What?"

"And bring them to justice."

"Man, what's wrong with you?"

"Psych" fans are legit fans. They are not fake fans. They love you today. They love you forever. They just have a rabid cult following.

"With my looks and your brains, we're unstoppable."

Sonic was this job that I took when I was in high school that I didn't even want really. I was leaving the set from shooting "Family Matters," and instead of going to play basketball or what not, I was going to a recording studio and doing about 100 episodes of "Sonic."

When I look back on it, I'm very happy. I had no idea it was another legit hit on my resume. So nothing but love for Sonic the Hedgehog from me.

You know, for us to be 20 years removed from what "Family Matters" was, and here I am with another family series on CBS, I just feel honored to be a part of the transition.

And I play Daryl on "Me, Myself, and I."

"You're living in my garage."

"Rent free!"

"So I no longer have a man cave."

"No, you do. There's just another man living in it."

It's a really, really fun and unique half-hour premise. That's why I was drawn to the role. It's not something you would typically see on CBS.

With Darryl, he's very focused, upbeat, positive, and about getting his money and keeping the train on the track. And so I'm looking to bring that to the screen.

And I know that's a part of my personality as well.

It's gonna be good nostalgia for other people. Just with the storytelling in itself. All this 1990s stuff that the show's going to explore. But, for me, it's a look back at a journey to say, "Wow, I'm still here."

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When MoviePass released its $10 a month subscription service for almost unlimited visits to movie theaters, fans went rabid.

The massive demand unlocked by MoviePass could end up giving the movie subscription startup a lot of leverage over the theater industry according to Credit Suisse, which could end up being a problem for the theaters' bottom lines.

In a note shared with clients Thursday, Credit Suisse lowered its price target for Regal Entertainment, Cinemark Holdings and AMC Entertainment. Credit Suisse said it expects a decline in earnings due to the impact of MoviePass on the industry.

"The key question for gauging the potential impact of MoviePass on the industry is how much leverage the service may eventually have over theaters to share ticket and concession revenues," Credit Suisse wrote.

Credit Suisse said that MoviePass's business model is based on building up a subscriber base large enough that the startup can eventually go to the movie theaters and ask for a cut of their business. 

Credit Suisse thinks that up to about two-thirds of the current movie-goer population in the US could eventually buy a MoviePass subscription, which would equal about 20 million people. If MoviePass can achieve those levels, it would have significant leverage over the theaters, and would likely ask for some cut of the ticket and concession sales.

If the theaters say no, MoviePass could steer its subscribers away from certain theaters by offering discount packages with local businesses, Credit Suisse said. Credit Suisse said MoviePass could offer a discount to a local restaurant if a user goes to an AMC theater instead of a Regal Cinemas theater, for example. 

Credit Suisse estimates that 20 million MoviePass subscribers would purchase up to 180 million tickets annually, which would be about 27% of the theaters' total ticket sales. If MoviePass is able to control a third of a theater's business, Credit Suisse thinks that it would have sufficient leverage to ask for a 10% or 20% cut of the theater's ticket and concession sales. A 10% cut could dilute the theaters' earnings before interest, taxes and amortization by up to 6%, according to Credit Suisse's calculations.

The bank rates all three theaters a sell. It lowered its Regal price target to $13 from $17, its Cinemark price target to $30 from $34, and its AMC price target to $12 from $14.

The 2017 box office results haven't been great for theaters so far, further eating into theaters' earnings.

This story previously stated the incorrect bank as a source of the notes. The error has been corrected to reflect the most accurate information.

SEE ALSO: Netflix cofounder's MoviePass will now let you see one movie per day in theaters for $10 a month

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The streaming giants have released the new titles that will be coming to their services in October, and there will be a lot of movies and TV to choose from. 

From the comfort of your home, titles like "War for the Planet of the Apes" and the documentary "Spielberg" — on the legendary director — will be available, as well as a new season of the Amazon original "Red Oaks" and the long-awaited return of HBO's "Curb Your Enthusiasm." 

Here's everything coming to your favorite streaming platforms in October. We've highlighted some standouts in bold:

SEE ALSO: The 10 biggest US box-office winners of 2017, so far

iTunes

Available October 3

“13 Minutes”
“Girl’s Trip”
“Land Line”
“Under an Arctic Sky”

Available October 10

“War for the Planet of the Apes”
“The Emoji Movie”

Available October 17

“Girl’s Trip”
“The Dark Tower”

Available October 24

“Atomic Blonde”
“Cars 3”
“Annabelle: Creation”
“Ingrid Goes West”
“The Glass Castle”

Amazon Prime

Available October 1

“Abandoned Mine”
“Alcoholist”
“Apartment 1303”
“Bunker of the Dead”
“Clueless”
“Election”
“Escape from L.A.”
“Fargo”
“Ghost World”
“Ghoulies”
“Ghoulies II”
“I Believe in Unicorns”
“Invasion of the Body Snatchers”
“Jug Face”
“Margot at the Wedding”
“Needlestick”
“Pet Sematary”
“Pet Sematary Two”
“Pi”
“Queens and Cowboys”
“Scareycrows”
“Snake Eyes”
“Texas Chainsaw Massacre II”
“The Machinist”
“The Whistleblower”
“Unlimited”

Available October 2

“Beauty and the Baker” (Season 1)
“Family Guy” (Season 16)
“The Last Man on Earth” (Season 4)
“Song to Song”

Available October 3

“American Horror Story (Season 6)

Available October 4

“Blood Hunters”
“Save My Seoul”

Available October 5

“The Americans” (Season 5)

Available October 6

“The Fashion Edge” ( Season 1, Amazon Original)

Available October 7

“Blair Witch”
“Megan Leavey”

Available October 9

“Inside Edge” (Season 1, Amazon Original)

Available October 11

“5150”

Available October 12

“Mr. Robot” (Season 3)

Available October 13

“City of Ghosts” (Amazon Original)
“Lore” (Season 1, Amazon Original)
“Sigmund and the Sea Monster” (Season 1, Amazon Original)

Available October 14

“Jack Reacher: Never Go Back”

Available October 15

“The Other Dream Team”
“The Whole Truth”

Available October 17

“Kidnap”

Available October 18

“Fight for Space”

Available October 20

“The Wall” (Amazon Original)
“Red Oaks” (Season 3, Amazon Original)

Available October 24

“Cars 3”
“The Emoji Movie”

Available October 25

“Awaken the Shadowman”
“The Liberators”

Available October 28

“Arrival”

Available October 29

“Priceless”

Available October 31

“The Dark Tower”

Hulu

Available October 1
 
“60 Days In” (Complete Seasons 1-2)
“1492: Conquest of Paradise”
“50 First Dates”
“6 Dead Souls”
“A Fistful of Dollars”
“A Long Walk Home”
“Abduction of Jennifer Grayson”
“Across the Great Divide”
“Across the Universe”
“The Adventures of Panda Warrior”
“Alice”
“Alone” (Complete Seasons 1-2 )
“American Pickers” (Complete Seasons 1 & 11)
“The Amityville Horror” (1979)
“Ancient Aliens” (Complete Season 11)
“Another 9 ½ Weeks”
“Arlo: The Burping Pig”
“Arthur’s Missing Pal”
“Asylum of Darkness”
“Bananas”
“Bethany”
“Blood Ransom”
“Blue Chips”
“Born this Way” (Complete Seasons 1-2)
“The Bounty”
“Bring It!” (Complete Seasons 1-3)
“Broadway Danny Rose”
“Broken Mile”
“Brotherhood of Justice”
“Bubba the Redneck Werewolf”
“Butterfly Girl”
“Cabin Fear”
“Cabin Fever” (2002)
“Care Bears: Friends Forever”
“Care Bears: Magical Adventures”
“Carrie” (2002)
“Carrie 2: The Rage”
“Chopped” (Complete Seasons 14-16)
“Clueless”
“The Confession”
“Congo”
“Covenant”
“The Creature Below”
“The Crying Game”
“Curious George: A Halloween Boo Fest”
“The Curse of Oak Island” (Complete Season 1)
“The Cutting Edge”
“Dance Moms” (Complete Seasons 1 & 6)
“Deliver Us from Evil”
“Deuces Wild”
“The Devil’s Advocate”
“The Devil’s Double”
“The Disappearance of Alice Creed”
“The Disembodied”
“Election”
“Elephant Kingdom”
“End of a Gun “
“Enemy at the Gate”
“Escape From Alcatraz”
“Escape From L.A.”
“Everything or Nothing: The Untold Story of 007”
“The Faculty”
“Fall Time”
“Fargo”
“Ferris Bueller’s Day Off”
“Fierce People”
“The Final Cut”
“Fire in the Sky”
“A Fistful of Dollars”
“Fly Me to the Moon”
“Frances”
“Frog Kingdom”
“From Dusk till Dawn”
“Gandhi”
“The Ghost and the Darkness”
“Ghost World”
“Ghosts of Darkness”
“Ghoulies” (1984)
“Ghoulies II”
“The Glass Coffin”
“Godzilla” (1998)
“Godzilla 2000’
“Godzilla Against Mechagodzilla”
“Godzilla Vs. Destroyah”
“Godzilla Vs. King Ghidorah”
“Godzilla Vs. Mechagodzilla II”
“Godzilla Vs. Megaguirus: The G Annihilation Strategy”
“Godzilla Vs. Mothra”
“Godzilla Vs. Spacegodzilla”
“Godzilla, Mothra, And King Ghidorah: Giant Monsters All-Out Attack”
“Godzilla: Final Wars”
“Godzilla: Tokyo S.O.S.”
“Grease 2”
“Guess Who”
“Halloween H20: 20 Years Later”
“Hatchet”
“Heaven Can Wait”
“Hellboy”
“Hemingway’s Garden of Eden”
“High Tension”
“The Holiday”
“Hostel”
“Hostel 2”
“Hot Pursuit”
“Hoarders” (Complete Season 4)
“House Hunters” (Complete Season 7)
“The Human Stain”
“The Hunted”
“Hunting Grounds”
“Invasion of the Body Snatchers” (1978)
“Jesus’s Son”
“Kalifornia”
“Kill Bill: Volume 1”
“Kill Bill: Volume 2”
“Little Shop of Horrors”
“A Long Walk Home”
“Love Finds You in Valentine”
“Love Hurts”
“The Maddening”
“The Madness of King George”
“March of the Penguins”
“Mousehunt”
“New Year’s Evil”
“Ninja III: The Domination”
“The One”
“Oogieloves: The Big Balloon Adventure”
“Out of Time”
“Paulie”
“Pet Sematary”
“Philadelphia”
“Pi”
“Pieces of April”
“Postcards from the Edge”
“Pride”
“Prison Break” (Complete Seasons 1-5)
“Property Brothers” (Complete Season 5)
“The Punisher”
“Rancher, Farmer, Fisherman”
“Reds”
“Rent”
“Road House”
“Saving Hope” (Complete Season 5)
“Scream at the Devil”
“Snake Eyes”
“Southwest of Salem”
“Space Guardians”
“Species III”
“Spy Kids 2: The Island of Lost Dreams”
“Spy Kids 3-D: Game Over”
“The Station Agent”
“Swingers”
“Teenage Ghost Punk”
“This Binary Universe”
“The Uninvited”
“Tiny House Hunters” (Complete Seasons 1-2)
“Under Siege”
“U.S vs. John Lennon”
“The Velveteen Rabbit”
“Volver”
“Warpath”
“Wes Craven Presents: Dracula 2000”
“What Lies Beneath”
“The Whistleblower “
“Yellowbird”

Available October 2
 
“Bob’s Burgers” (Season 8 Premiere)
“Family Guy” (Season 16 Premiere)
“Ghosted” (Series Premiere)
“The Last Man on Earth” (Season 4 Premiere)
“Shark Tank” (Season 9 Premiere)
“The Simpsons” (Season 29 Premiere)
“Ten Days in the Valley” (Series Premiere)
“The Toy Box” (Season 2 Premiere)

Available October 3
 
“American Horror Story” (Complete Season 6)
“The Gifted” (Series Premiere)
“Lucifer” (Season 3 Premiere)
 
Available October 4
 
“Black-ish” (Season 4 Premiere)
“Fresh off the Boat” (Season 4 Premiere)
“Kevin (Probably) Saves the World” (Series Premiere)
“The Mayor” (Series Premiere)
“The Middle” (Season 9 Premiere)
“Bad Frank”
“Colossal”
“Frontera”
“Rapture-Palooza”
“The Reagan Show”
 
Available October 5
 
“The Fog”
 
Available October 6
 
“Scandal” (Season 7 Premiere)
 
Available October 7
 
“Once Upon a Time” (Season 7 Premiere)
“Blair Witch”
  
Available October 9
 
“America’s Funniest Home Videos” (Season 28 Premiere)
“A Long Way Down”
 
Available October 10
 
“Brotherhood of Blades”
 
Available October 11
 
“Chance” (Season 2 Premiere, Hulu Original)
“Folk Hero & Funny Guy”
“The Lookalike”
 
Available October 12
 
“I Love You, America” (Series Premiere, Hulu Original)
“Blind”
“I Love You Both”
 
Available October 14
 
“Jack Reacher: Never Go Back”
 
Available October 15
 
“Bounce”
“Cruel and Unusual”
“The Crying Game”
“The Fly Room”
“Get Rich or Die Tryin’”
“Jersey Girl”
“Like Water for Chocolate”
“Mamaboy”
“The Other Dream Team”
“Orthodox”
“This is Meg”
“Undisputed”
“Unzipped”
“The Whole Truth”
 
Available October 18
 
“Freakish” (Complete Season 2)
“Arctic Adventure: On Frozen Pond”
“In the Radiant City”
“Isolation”
“No Way to Live”
“Phoenix Forgotten”
“Skating to New York”
 
Available October 21
 
“Adventure Time” (Complete Season 9)
“Too Funny To Fail” (Hulu Original Documentary)
 
Available October 26
 
“Neon Joe” (Complete Season 2)
“2:22”
 
Available October 28
 
“Blindspot” (Season 3 Premiere)
“Arrival”
 
Available October 29 
 
“Catfish” (Complete Season 6)
“Priceless”
“That Sugar Film”
 
Available October 31
 
“Midnight Express”

On Wednesday night, Playboy Enterprises confirmed in a press release that its founder, Hugh Hefner, had died at 91. Hefner died of natural causes, surrounded by friends and family.

"My father lived an exceptional and impactful life as a media and cultural pioneer and a leading voice behind some of the most significant social and cultural movements of our time in advocating free speech, civil rights, and sexual freedom," Hefner's son Cooper, the chief creative officer of Playboy Enterprises, said in a statement.

Below, take a look back at the life of the legendary Hefner.

SEE ALSO: Here's what will happen to the Playboy Mansion now that Hugh Hefner has died

Hefner launched Playboy magazine in 1953 with $8,000 in borrowed money. Its first issue featured Marilyn Monroe, and it sold 54,000 copies.

Source: Hollywood Reporter

Throughout the 1950s and 1960s, Hefner hosted a few TV shows, including "Playboy's Penthouse," during which he would interview celebrities like Sammy Davis Jr. and Bob Newhart.

He also hosted the show "Playboy After Dark," which had various musical performers as guests. Hefner also created the Playboy Club, which had several nightclub locations.

Julia Louis-Dreyfus announced Thursday that she had been diagnosed with breast cancer.

In a tweet, the 56-year-old comedic actress, star of "Veep" and "Seinfeld," shared the news with a note that said, "1 in 8 women get breast cancer. Today, I am the one."

Louis-Dreyfus, who just made Emmy history with her sixth straight win for HBO's "Veep," also noted that she is grateful for the support of her family and friends, and the "fantastic insurance" she has through her union.

"The bad news is that not all women are so lucky," Louis-Dreyfus wrote. "So let's fight all cancers and make universal health care a reality."

According to The Hollywood Reporter, an HBO statement said that Louis-Dreyfus got her diagnosis the day after her historic Emmy win on September 17. The statement also said that her diagnosis had no influence on the decision to conclude "Veep," which will air its seventh and final season in 2018.

Here is the statement from HBO:

"It had no bearing in the decision to renew 'Veep' for a final season. The writers will continue prepping as business as usual, and HBO will adjust the production schedule as needed. Our love and support go out to Julia and her family at this time. We have every confidence she will get through this with her usual tenacity and undaunted spirit, and look forward to her return to health and to HBO for the final season of 'Veep.'"

SEE ALSO: Julia Louis-Dreyfus makes history with her 6th straight Emmy win for 'Veep'

Join the conversation about this story »

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Playboy founder Hugh Hefner died Wednesday at the age of 91.

In 2016, it was estimated that the playboy and mogul's lifestyle magazine and its "bunny-branded licensing assets" could sell for up to $500 million, according to USA Today. At the time of his death, Hefner owned 100% of the magazine and 35% of the overall brand, according to Business Insider.

Wealth-X, a market research firm, estimates Hefner's net worth was at least $110 million at the time of his death, with $45 million in liquid assets.

So how did Hefner build his iconic and controversial media empire? It all started with $8,000 and some naked photos of Marilyn Monroe.

Here's a look at the Playboy mogul's career:

SEE ALSO: 39 retro photos that reveal what it was like to be a flight attendant throughout the years

During World War II, the Chicago native served as an infantry clerk. He spent the war drawing cartoons for several military newspapers.

Source: NJ.com, Forces.net

According to NJ.com, his artistic skills — or lack thereof — earned him a rebuke from colleague and future Popeye cartoonist Hy Eisman, who told him that "he'd better have a job waiting for him after the war."

Source: NJ.com, Forces.net

Instead, Hefner went back to school. He graduated from the University of Illinois at Urbana Champaign in 1949 and headed to Northwestern University to earn a graduate degree in sociology. He wrote a paper on laws pertaining to sex in the US, but left after a semester.

Source: HMH Foundation

Carnival Corporation is cruising into the world of OTT streaming.

The cruise ship company is launching its own digital streaming TV channel called "OceanView," which will be available across 60 of its 103 ships as well as on Amazon Fire TV, Apple TV and Roku starting today, September 28.

The company is also launching two new digital series, expanding on its roster of existing original show franchises and taking its total tally to six. Carnival already has four shows that have run on network and cable TV including NBC, ABC and A&E Networks, whose 80 plus episodes will also be added to OceanView to increase their reach. 

"It was always a part of our strategy that we would have OTT streaming available eventually,"said Michael Jungen, SVP of guest experience design and technology at Carnival Corporation. "We are an experience company, and it would be a missed opportunity for us not to capitalize on our resources and remind guests about the experiences we are capable of providing them."

The two new digital shows are called "Go" and "Local Eyes." While the former focuses on the travels of artist and explorer Trek Thunder Kelly, the latter explores destinations that Carnival goes to from the perspective of locals. Each episode in the two shows is 10 minutes long and commercial-free, to keep the viewers interested and engaged, according to the company. 

"It's not about cheesy brand or product placement, it's about showing the authentic experiences that we bring to our guests," said John Padgett, ‎chief experience and innovation Officer at Carnival Corporation. "In a little over a year, we've gone from having zero original content, to having over a 100 episodes of original content."

The brand promoted the channel by setting up a live booth and digital billboards at Times Square on Thursday, and also got its executives to do a bunch of live-streamed videos on Facebook Live. Carnival is also working with media companies such as BuzzFeed to create and promote upcoming episodes.

The channel is the company's latest attempt to venture into digital entertainment. Earlier this week, for instance, it announced PlayOcean, a suite of mobile app games for its vacationers.

Join the conversation about this story »

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Few games look as incredible as "Red Dead Redemption 2," the next creation from the folks behind "Grand Theft Auto." 

The third-person action game is set in the American Old West, when bandits robbed trains and — apparently — set homes ablaze. 

But it's not all frontier justice and high-octane robbery.

The "Red Dead Redemption" series is just as notorious for its quiet moments of serenity against the backdrop of an unsettled American frontier. "Red Dead Redemption 2" is clearly continuing that tradition, as evidenced by its latest trailer:

In "Red Dead Redemption 2," the story focuses on a man named Arthur Morgan — an outlaw — and the Van der Linde gang, "as they rob, fight and steal their way across the vast and rugged heart of America in order to survive."

Fans of the first "Red Dead Redemption" will no doubt recognize that gang name, as its leader Dutch and his gang were central characters. Given that it's a prequel, and the events of this game seemingly set up the events of the prior game, we'd call it likely that fan favorite John Marston will make an appearance or two here.

And there'll be plenty of other characters along the way, of course:

But you want to see the full trailer, don't you? Yes, yes you do — and we've got it right here:

"Red Dead Redemption 2" is scheduled to launch in spring 2018 on Xbox One and PlayStation 4.

SEE ALSO: The next major game from the folks behind 'Grand Theft Auto' just got delayed until 2018

Join the conversation about this story »

NOW WATCH: We played the highly-anticipated new Super Mario game and were blown away

On the heels of winning three Academy Awards earlier this year, Amazon Studios has revealed a new component to its business model that moves it one step further from its main competition, Netflix.

In a story on the company in Variety on Thursday, the streaming giant revealed that beginning with the December release of its latest Woody Allen movie, "Wonder Wheel," it will theatrically self-distribute its titles for now on.

In the past, Amazon has hired out independent distributors like Lionsgate, Roadside Attractions, and Bleecker Street to handle the complex theatrical release and marketing of its titles. Then Amazon would take over when it came to streaming. But now it will all be done in house. 

This move shows Hollywood — and particularly the directors and stars Amazon wants to attract to production deals — that it doesn't need any hand-holding during any facet of the moviemaking or release process.

“It represents the final stages of the evolution of our strategy,” Jason Ropell, worldwide head of Amazon’s motion picture group, said. “It completes the picture in terms of our ability to control a film from its inception to how it comes to customers.” 

Amazon Studios' marketing and distribution is run by industry veteran Bob Berney, whose career highlights include overseeing the releases of indie classics like "My Big Fat Greek Wedding," and "The Passion of the Christ," to recent hits like "Insidious" and "Drive." Recently Berney has beefed up his team to 40 people, quadruple what it was a year ago, according to the trade.

Along with Ropell, Berney, and head of Amazon Studios, Roy Price, the company also has veteran producer Ted Hope as its production chief. Like Berney, Hope is another pillar of the 1990s/early 2000s indie film world, with a filmography that includes landmark titles "The Ice Storm," "Happiness," and "21 Grams."

With these minds at the helm, Amazon Studios has gone the more traditional theatrical route with its titles compared to Netflix's rogue simultaneous theatrical and streaming releases. While Netflix has become Enemy No. 1 with theater chains because of its model, Amazon has been accepted.

That has led to major names wanting to work with Amazon — from Woody Allen to Spike Lee — and the company getting Oscar wins for "Manchester By the Sea" (best lead actor, screenplay) and "The Salesman" (best foreign language film).  

"I think that our approach is working," Berney told Variety. "It enhances and incentivizes artists globally, and that encourages filmmakers to come work with us."

Berney also brushed off previous comments by Netflix brass about Amazon, like Ted Sarandos' comments last month when he said about Amazon's theatrical model: “I don’t understand why perpetuating a model that feels more and more disconnected with the population is good."

“They can take their swipes, but it’s more about showing that our model is actually working,” Berney said. “We’ve done that.”   

Along with "Wonder Wheel," Amazon also has coming out later this year the Ben Stiller dramedy "Brad's Status," and Richard Linklater's "Last Flag Flying," starring Bryan Cranston, Steve Carell, and Laurence Fishburne.

SEE ALSO: Hulu continues its battle with Netflix — getting "30 Rock" and "Will and Grace" after sweeping the Emmys

Join the conversation about this story »

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