HONG KONG— Imax and China's biggest state-owned film exhibitor are teaming up to open 19 giant screen cinemas in the world's No. 2 movie market. Imax Corp. and Shanghai Film Corp. said Tuesday that a "significant number" of the theaters will open before the end of 2015..» Read More
I'll admit it: along with everyone else in Hollywood I have serious strike fatigue. And I'm really hoping--or the sake of my favorite TV shows as well as for the Los Angeles economy--that we do NOT have an actors strike.
Sentimental people might have been hoping for Davidson to pull out the upset last night, but CBS really wanted to Kansas. Why? Because Cinderellas don't draw. We have the proof.
New gambling movie "21" was the weekend's box-office high roller with a $23.7 million debut, according to studio estimates Sunday.
Washington Mutual has started a new billboard campaign (see images). "Whoo-hoo!" has folks in its hometown of Seattle asking "Whoo-what?" "Whoo-why?" Even aside from the question of what it means ("You're upside down in your mortgage? Whoo-hoo!"
Netflix expects to lead the market for movies delivered over the Web despite growing competition from Web giants like Apple and Amazon, Chief Financial Officer Barry McCarthy said on Wednesday.
At the Future of Television conference Tuesday my attention shifted from the tech players to the content providers. Transitioning from traditional revenue streams of TV commercials and theatrical movie distribution, they're all trying to figure out how to monetize digital distribution.
Forget about channel surfing--it's so passe. I'm at the Future of Television Conference at the Hollywood Roosevelt Hotel in Hollywood, where content companies, tech giants, and startups are convening to figure out what television should and will look like tomorrow.
Horton the elephant retained the heavyweight crown at the North American box office on Sunday, but the Easter holiday failed to prevent overall sales from resuming their downtrend.
I met up with several Wall Street analysts last night and everyone was talking about cable properties being on fire. Everyone taking a close look at the cable entities driving the media giants--like ESPN--and the ones now on the auction block.
Blu-ray officially won the high-def format war, and now everyone who was burned is licking their wounds. Toshiba announced it will lose $1.1 billion in fiscal 2007 due to losing the format battle.
The traditional music biz is over as CD sales dropped about 20 percent from 2006 and 2007. And revenues from that physical music business are likely to comprise just 20 percent of an up and coming band's revenue stream.
CBS has a couple strategies to make its shows widely available online. It's the only one of the major networks distributing its shows (ad supported of course) on YouTube. And nearly two years ago CBS created Innertube, the online video player on CBS.com that streams sports, news, and sitcoms.
The computer-animated adaptation "Dr. Seuss' Horton Hears A Who!" trampled its rivals at the North American box office Sunday with weekend sales of $45.1 million, the biggest opening of the year.
Here's the $64,000 question of the day: Do people really want to watch made-for-web content on their televisions? It didn't work when NBC picked up the web series "Quarterlife" to air on primetime--they're sending it over to Bravo.
While the world continues to reel from the news of Elliot Spitzer's scandal, this was also a big week in Hollywood's high-level legal embarrassment--the Pellicano trial. Private eye to the stars Anthony Pellicano is on trial for fraud, wire tapping, bribing police officers and others, and yes, it's messy.
The Montgomery Tech conference is underway in Santa Monica, Calif. This is where the big media, tech, and telecom giants come to check out the 160 independent firms presenting their businesses. Cisco, Microsoft, IBM, Google, Disney, News Corp. -- 100 "buyers" in total are here checking out the start-ups and weighing investment possibilities.
Hulu.com is finally going public on Wednesday. After a four-and-a-half-month long public beta, the video site, co-founded and jointly owned by News Corp. and NBC Universal, is launching officially.
Rupert Murdoch CEO of News Corp, spoke at Bear Stearns annual media conference today, weighing in on the U.S. economy. He said he's now "more pessimistic" about the economy. Though he also said that News Corp is well positioned to weather an economic downturn because only about 20 percent of the company's business comes from advertising...
ShoWest--the annual conference for movie distributors (divisions of media companies) and exhibitors (movie theater chains)--is underway in Las Vegas. This is where the movie studios show off their big products they hope will be blockbusters to get the theater owners excited to fill their seats.
Movie-goers went hunting for their inner caveman as they sat in the dark for the prehistoric adventure "10,000 B.C.," which led the weekend box office with $35.7 million, according to studio estimates Sunday.
"Our goal is to get as close to the experience the surfer is having," says the head of a pro surfing organization.
Facebook and Twitter face different growth scenarios, but both are now focusing their gaze on the same market: Retail.
Events involving climbing walls and crawling in mud now are said to be bigger than marathons and half-marathons
But at Verizon Communications, "wireless margins came under just a bit of pressure," a top analyst tells CNBC.
July 22- Newspaper and broadcast company Gannett Co reported higher revenue and earnings on Tuesday, benefiting from its acquisition of Belo's TV stations.
Netflix CEO Reed Hastings discussed the global demand for on-demand content in the company's Q2 earnings call, with CNBC's Julia Boorstin.