George Lucas talks to CNBC's Julia Boorstin in this exclusive interview.» Read More
Looking back at 2008 and towards 2009, there's no question that media stocks are facing a perfect storm. It's the nasty coinciding of cyclical and sector challenges — media giants are trying to transition to a new digital future and build new revenue streams, while the economic downturn is sending ad revenue off a cliff. So is there a silver lining to those storm clouds?
Superagent Scott Boras has made waves again this offseason as the agent of Mark Teixeira. He's also still negotiating for Derek Lowe and Manny Ramirez, among others. This morning on "Squawk Box," I sat down with Boras for a wide-ranging interview.
The four major music labels are teaming up to create a new online video venture. Will it work? Or will they fall back on failing ways?
Santa came just in time for Hollywood this year, delivering the biggest box office ever for the four-day holiday weekend — up, by some measures, 9 percent from last year.
Every once in a while, I like to pose a question to my readers. Today, we're doing a little choose-your-own-adventure with the New York Jets, who fired their head coach Eric Mangini this morning, after the team failed to make the playoffs following yesterday's loss.
In August, Arkansas businessman John Rogers bought one of the famous Honus Wagner cards for $1.62 million. It was only months ago and the economy certainly hasn't made things better. So we were confused when Rogers put it up for sale on eBay...
We all know the New England Patriots would have been plenty marketable if they had beaten the New York Giants in the Super Bowl and became the first team since the 1972 Miami Dolphins to go undefeated. But how about the Detroit Lions, who on Sunday could become the first team to go 0-for-season since the 1976 Tampa Bay Buccaneers?
ESPN is reporting that the New York Yankees have signed free agent first baseman Mark Teixeira. Add up Teixeira's contract with the offseason signings of A.J. Burnett and C.C. Sabathia and you have $423.5 million in guaranteed contracts.
National Amusements is weighing selling its theater chain to generate the cash to pay its debt, but Shari is opposing the sale of the theaters, pushing Redstone to consider selling other assets.
Looking for that perfect gift for the gadget lover who has everything? Beyond the iPhone and Wii, here are 10 of the coolest gadgets this holiday season. Everything from a solar-paneled laptop bag to a washable keyboard and — wait for it — a touch-screen universal remote.
At a Modell’s I visited this morning, they had a special that advertised NFL replica jerseys– regularly $79.99– at $29.99 and $39.99. It was on select jerseys, but the special was supposed to be on Fridays and Saturdays. It, of course, was a Thursday.
With the Screen Actors Guild leadership pushing for its members to vote to authorize a strike, Hollywood has been buzzing about how bad another work stoppage would be for the industry at this already precarious economic time.
If you think you have a special skill for predicting the box office, you may be in luck. People have speculated about movie performance for decades, but now an investment firm is working on launching an *actual* market for trading domestic box office futures.
I'm terrible with names. And that flaw is perhaps no more apparent than when the yearly crop of interns shows up at CNBC. In most semesters, one or two will tend to make an impression and remembering their names is not an issue.
So earlier today, I told you about the debate over who invented Gatorade, after ABC mentioned last weekend during the game that Florida State had a concoction called "Seminole Firewater" three years before Gatorade came out.
On Saturday night, Oscar De La Hoya and Manny Pacquiao will fight in Las Vegas. And the biggest story line going is the HBO Pay-Per-View price. At $54.95, Bob Raissman of the Daily News has dubbed it "Boxing's (Last) Price Gouge."
During ABC’s broadcast of the Florida-Florida State game, the announcing team revealed that the University of Florida doctors didn’t invent Gatorade. That the sports drink was invented by rival Florida State, three years prior in 1962, and it was called “Seminole Firewater.”
More data equals more money. It's a pretty failsafe rule in the word of marketing. The more information you give advertisers on exactly who is really watching your ad, the more you can charge for the ad time.
Sumner Redstone has to repay $800 million in debt by December 19. With just a few weeks left to go, he's in the midst of negotiations to restructure the $1.6 billion in debt held by his private National Amusements, which Redstone's daughter Shari Redstone runs.
In 2009, media faces a perfect storm—transitioning to a challenging new digital world and a weak economy of unprecedented proportions. Media giants will continue to move from traditional content distribution models to anytime, anywhere, content-on demand.