Entertainment Ecosystem: From Gaming Gains to Hollywood Headaches

Current entertainment news highlights include EA's positive forecast boosting shares, Australia's film industry expecting Mel Gibson's help against tariffs, Casandra Ventura's testimony in Diddy's trial, and Sean Combs facing defense challenges. Additionally, Netflix revamps its app, Warner Bros faces revenue misses, and Disney discovers streaming success.

Shares of Electronic Arts surged over 2% in early trading on Wednesday following a promising forecast. The upbeat outlook revived confidence in its sports titles and indicated sales strength even with looming economic uncertainties due to U.S. tariffs.

Australia's film industry is turning to actor Mel Gibson in hopes of averting disastrous film tariffs from the U.S. that threaten to cripple its A$1 billion Hollywood business and result in widespread job losses. Gibson is seen as a potential advocate to President Donald Trump, aiming to alleviate the tariff's impact.

R&B singer Casandra Ventura is set to testify against Sean 'Diddy' Combs, alleging abuse that affected her career. Combs faces severe charges, including racketeering and sex trafficking, as he prepares a challenging defense at his upcoming trial.

(With inputs from agencies.)