By Jonathan Landrum Jr., Entertainment Writer
LOS ANGELES (AP) --Marvel Studios president Kevin Feige will be honored at the 45th annual Saturn Awards that will be streamed live for the first time.
Feige is set to receive the inaugural Stan Lee Builder award named after the late Marvel Comics mastermind. The awards show on Friday night will be simulcast for the first time on several platforms including its official YouTube channel , Twitch, Cinedigm's CONtv and Pluto TV Sci-Fi Channel.
Aisha Tyler will host the event, created in 1973 to recognize horror, sci-fi and fantasy films that typically don't get recognized at major award shows. The awards will be presented at the Avalon Hollywood venue in Los Angeles.
Feige is being honored for the successful creation of the Marvel Cinematic Universe (MCU), a film world with multiple story lines and characters that so far has spanned 23 films over 11 years. The latest phase of the franchise triumphantly concluded with the record-breaking "Avengers: Endgame" film, which leads Saturn Awards field with 14 nominations.
"Iron Man" and "Lion King" director Jon Favreau and Marvel executive Jeph Loeb are also scheduled to receive honorary awards.
Favreau will be given the Saturn Visionary award for his work in modern cinema. Loeb will be honored with the Dan Curtis Legacy award, which highlights the accomplishments in genre television.
Other guests expected to attend the awards include Jamie Lee Curtis and "Stranger Things" creators Matt and Ross Duffer.
Nintendo reports lower profits as demand drops for its aging Switch console
Nintendo, the Japanese video game maker behind the Super Mario franchise, said Tuesday that its profit fell 60% in the first half of the fiscal year, as demand waned for its Switch console, now in its eighth year since going on sale.
Kyoto-based Nintendo Co. reported a 108.7 billion yen ($715 million) profit for the April-September period, as sales slipped 34% from the previous year to 523 billion yen ($3.4 billion).
More than 74% of its sales revenue came from overseas, according to Nintendo, which didn't break down quarterly numbers.
Global Switch sales during the period dropped to 4.7 million machines from 6.8 million units the previous year.
But Nintendo said in a statement that Switch sales were still growing and vowed to stick to its goal of selling a Switch console to each and every individual, not just one Switch per every household.
Nintendo stuck to its earlier projection for a 300 billion yen ($2 billion) profit for the full fiscal year through March 2025, down nearly 29% from the previous fiscal year.
Annual sales were forecast to drop 23% to1.28 trillion yen ($8.4 billion).
It also lowered its Switch sales projection for the fiscal year to 12.5 million units from an earlier forecast to sell 13.5 million.
Nintendo and other game and toy makers rake in their biggest profits during the Christmas shopping season, as well as New Year's, a holiday celebrated with fanfare in Japan, when children receive cash gifts from grandparents and other relatives.
Nintendo has not yet announced details on a successor to the Switch.
Among its million-seller game software titles for the fiscal half were "Paper Mario RPG," which sold 1.95 million units since going on sale in May, and "Luigi Mansion 2... Read More