Netflix will continue to bet on original content, and is reportedly planning 320 hours of original programming in 2015. Jon Steinberg, The Daily Mail North America CEO, weighs in on Reed Hasting's comments on Internet replacing television.» Read More
Immelt's interest in expanding GE's media stake comes as the company may have such an opportunity. Vivendi, which owns 20 percent of NBC Universal is nearing its annual window, which starts November 15, to exercise an option that would force GE to buy back that 20 percent stake.
James Bond always manages to race in, driving an Aston Martin, to save the day. This weekend we're sure to see 007 kill the box office. The latest in the Bond franchise, "Quantum of Solace", from Sony and MGM could be bigger than any other Bond film. Despite the global economic downturn it's already a huge hit overseas.
With a rising consumer interest in the fantasy sports marketplace (7% over the past five years in the United States and Canada), I wanted to focus on some of the key trends that will serve as discussion points over the next 1-3 years.
Hulu is the seventh largest site when it comes to total video streams, but unlike YouTube, Hulu is focused exclusively on professionally created TV shows and movies and distributing them to consumers with the ease and accessibility of channel surfing on your TV.
YouTube has been working to define itself not just as a destination for home videos, but also the go-to site for professionally-created TV shows and movies.
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.
Rupert Murdoch's media empire is doing worse than Wall Street thought, and even worse than Murdoch himself expected
Comic book publisher Marvel Entertainment posted a quarterly profit that topped estimates, helped by earlier-than-expected box office and DVD revenue from its film "Iron Man."
Marvel Entertainment's new strategy of producing its own movies, instead of just licensing the rights to its characters, seems to really be working. This morning Marvel Entertainment reported its third-quarter net income grew 40 percent thanks to the performance of its "Iron Man" movie, both in terms of box office and DVD sales.
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.
Wall Street will hear Viacom's earnings after the bell, but that's not the only reason Chairman Sumner Redstone is in the spotlight.
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.
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.
Despite the pullback in consumer spending and steeper than ever competition, Comcast on Wednesday reported remarkable growth in its third quarter.
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.
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.
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.
Suddenly, across Hollywood, the stock market is not such a sexy subject anymore — at least not in a yearning sense, says the New York Times.
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.
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.
A controlling stake in Cirque du Soleil will be sold to a US private equity fund and its Chinese partner, Cirque du Soleil said on Monday.
After two years of screening "Game of Thrones" every Sunday, Brooklyn's Videology has been told by HBO the party's over.
The government of Norway has announced a move to take FM radio totally digital and will complete the switch-off in 2017.
HBO is now cracking down on those who are watching Game of Thrones illegally, according to reports.
Netflix will continue to bet on original content, and is reportedly planning 320 hours of original programming in 2015. Jon Steinberg, The Daily Mail North America CEO, weighs in on Reed Hasting's comments on Internet replacing television.
NEW YORK— Breaking up the cable-TV bundle won't be easy. Verizon Communications Inc. did not respond to requests for comment Monday. Media companies such as ESPN's owner, The Walt Disney Co., Time Warner Inc. and Viacom Inc. charge distributors such as Comcast, Dish and DirecTV and Verizon's FiOS for the rights to carry their channels.