Charlie Baker's proposal to do away with the decade-old tax break for movie and TV production in Massachusetts. Citing a recent report from the state Department of Revenue, Secretary of Economic Affairs Jay Ash said for each dollar in tax incentives for the film industry from 2006 to 2012, the state received 13 cents in offsetting revenue.» Read More
While Wall Street and Washington were working on trying to fix our economy, one of the strongest brands in Hollywood celebrated its upcoming lineup, perhaps remembering that movie going usually booms during a recession.
Michael Beasley's sticking to the line that he's been in adidas shoes his entire life. We're fine with that. But there's no reason to go out of the way to say you've been completely loyal if there are thousands of photos that suggest otherwise.
Sure, it's not boom time, but the fact that media companies are able to attract financing is impressive, and a testament to the fact that movie going is generally counter-cyclical.
Steven Spielberg and his team at Dreamworks SKG have finally completed their $1.2 billion financing deal with Indian entertainment conglomerate Reliance ADA Group. Notably, this gives Spielberg the financial backing to leave Viacom's Paramount Pictures and will likely force some sort of change or restructuring at the studio.
The volatility on Wall Street this week sent cable and satellite TV stocks down through the week, recovering a bit in Friday trading.
Let's face it, nearly every industry will be touched by the turmoil on Wall Street. And as I've reported many times, the already-suffering ad industry is sure to be further hit. There are a couple issues now in play.
Wall Street isn't so far from Madison Avenue or Hollywood Blvd. and the upheaval in the financial markets will have aftershocks reaching far into the media industry. It's sure to effect the already-suffering advertising industry as well as the film financing markets.
In the entertainment industry it's almost impossible to consistently churn out profitable hits. But Tyler Perry, a writer/producer/director/actor has done it, and this weekend he's on track to continue his wining streak.
It's a big day for CNBC's parent company, NBC Universal, aiming to move the company's TV distribution strategy to the next generation.
It looks like a win-win-win: content creators get a new forum for their business, sponsors get to entertain their consumers, slipping in some positive associations with their brand, while Google gets to expand it's Ad Sense content network's reach and importance.
Microsoft is trying to make gains against Apple's iPod, and the radio industry is trying to find new ways to boost listeners to help their bottom line. Voila: Microsoft and major radio broadcasters, including ClearChannel and CBS Radio, are working together to bring listening to the radio into the digital age.
With this $50 software (the introductory rate is cheaper) users can upload unlimited DVDs onto one hard drive. This allows someone who's constantly on the go to load up all their favorite DVDs onto their laptop for entertainment on those long flights.
Last night, Serena Williams won the U.S. Open title with a victory over Jelena Jankovic. With that, most Americans will now forget about watching tennis for another three months. But when women's tennis comes back in 2009, WTA CEO Larry Scott is changing up a whole lot of things.
Moore has an agenda; to convince non-voting "slackers" to head to the polls this election. And he has some support, the download distributed by Brave New Films, the production company run by political activist Robert Greenwald.
Today, we were live from Gillette Stadium in Foxborough, Mass., with Patriots owner Bob Kraft co-hosting the show. NFL commissioner Roger Goodell stopped by to talk about the state of the league.
Whip out the red carpet for Big Oil: Abu Dhabi is heading to Tinseltown. Wednesday the Emirate announced big plans to invest $1 billion in movies and new media.
Last September, Abu Dhabi Media Company, an arm of the government in the city-state capitol of the United Arab Emirates, reached a $1 billion deal to make movies and video games with Warner Brothers, the big Hollywood studio owned by Time Warner. A year later, the two partners have announced just one movie, but that has not stopped Abu Dhabi Media from spreading even more money around the movie busines, says the New York Times.
The zip code that launched a zeitgeist and defined a generation of TV-watchers is returning to the air waves. On Tuesday September 2, the CW Network is launching a new version of the hit "Beverly Hills 90210" that ran for 10 seasons on News Corp.'s Fox. I interviewed Dawn Ostroff, the CEO of the CW, about the network's decision to resurrect the concept.
There's been plenty of reaction to the LPGA's English mandate that I wrote about yesterday. Here are some of the comments I received from my readers...
You'd think the streets of Los Angeles would be constantly buzzing with movie shoots. But right now, there's only one major film shooting in the City of Angels. Compare that to the seven films shooting last August. What's to blame?
HBO CEO Richard Plepler says HBO Now will be a big hit with millennials, and here's why.
HBO CEO, Richard Plepler, sits down with CNBC's Julia Boorstin for an exclusive interview to discuss HBO's deal with Vice, the new season of Game of Thrones and the recent Scientology documentary.
At the end of the day it's all about content, says HBO CEO Richard Plepler, discussing the company's plan to stream programing on the Internet.