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Netflix is launching a new season of Arrested Development on Sunday, reports CNBC's Julia Boorstin. Hulu is also in the spotlight, with reports that Yahoo has put in a bid for the online video giant.
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Disney reported its fourth quarter and full year earnings after the bell Thursday, and Wall Street has been trying to sort out the economic impact on the media giant, which so far has performed much better than its peers through the downturn.
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Warren Buffett will participate in today's high-profile meeting of President-Elect Barack Obama and his team of economic advisers, "via speakerphone."
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It was about a year ago that I covered a brand called Enlyten SportStrips. It's basically Gatorade on one of those strips you put into your mouth. The story got intriguing when the company alleged the NFL pushed them out of a deal with the Buffalo Bills...
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Rupert Murdoch's media empire is doing worse than Wall Street thought, and even worse than Murdoch himself expected
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Over the past couple weeks, I've been on many radio shows and the hosts naturally ask me about the economy and sports. One area that I didn't think I was strong as I could be in was the baseball free agent question.
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Wall Street will hear Viacom's earnings after the bell, but that's not the only reason Chairman Sumner Redstone is in the spotlight.
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Earlier this month the Association of National Advertisers held its annual "Masters of Marketing" conference. Its theme was ironically "Growth"—ironic considering that advertising is expected to decline in 2009 pretty much across the board.
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Thursday TiVo and Netflix announced a partnership that will make it even easier to give consumers the entertainment they want, on demand, from the comfort of their living room couch.
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Media Giant CBS swung to a $12.5 billion dollar loss in the third quarter after taking a massive $14.1 billion non-cash charge, for assets and goodwill lost due to the financial crisis. But CBS shares rose through the day, CBS closing up, investors apparently relieved that CEO Sumner Redstone reiterated that it will continue to pay its dividend.
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Despite the pullback in consumer spending and steeper than ever competition, Comcast on Wednesday reported remarkable growth in its third quarter.
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With the financial markets in crisis it's easy to forget that the Screen Actors guild has been working without a contract since their deal with the AMPTP, the producers association, expired this summer.
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Sumner Redstone, the 85-year-old chairman of CBS and Viacom, is filing for divorce from his wife of five and a half years, Paula Fortunato.
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Carl Icahn's recent increased investment in Lions Gate shares isn't the only news resulting from the company's low stock price. On October 10 the stock dipped below $6, triggering a margin call by Merrill Lynch for Vice Chairman Michael Burns, selling 672,000 shares of his stock, 49 percent of his stake in the company, recorded in a Form 4 filed on October 14.
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This Sunday the Screen Actors Guild's board of directors agreed to ask a federal mediator help with negotiations with the film and TV studios, which could get the producers guild (the AMPTP) and SAG to sit down for their first formal talks since their contract expired on June 30.
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The credit crunch is hitting the whole media sector — and hard. Two media moguls in particular, Sumner Redstone and Rupert Murdoch, have seen their firms' stock prices hammered. But they're finding themselves in diverse spots and they're spinning their situations quite differently.
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Is he going to be the teacher you "thought he was?" That's the question some students at San Diego State will be asking themselves after the school named former college and NFL head coach Dennis Green as a teacher today. Green will teach BA703 — or Strategic Management — in SDSU's Sports Business Management program
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Update II: After yesterday, I wasn't so sure that my prediction that the Jets would not get the $25,000 average for Coaches Club personal seat licenses would hold up. But things haven't been in the Jets' favor on Day 2 of the auction on eBay's StubHub.
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UPDATED: The New York Jets lost the game Sunday in overtime to the Oakland Raiders. But they apparently won against those who didn't think they could raise $25,000 per personal seat license for the best seats in their new stadium, in these hard economic times. The top two PSL prices from yesterday were $65,100 (each for two seats) and $61,100 (each for four seats) for first-row 40-yard line seats.
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The New York Jets lost the game Sunday in overtime to the Oakland Raiders. But they apparently won against those who didn't think they could raise $25,000 per personal seat license for the best seats in their new stadium, in these hard economic times. The top two PSL prices from yesterday were $65,100 (each for two seats) and $61,100 (each for four seats) for first-row 40-yard line seats.
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The world's largest audiovisual content market kicked off in Cannes with MIPCOM 2008 amid turmoil in the financial markets.