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  • 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.

  • Music Makers: The New Scene For a New Age Tuesday, 18 Mar 2008 | 4:14 PM ET

    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 Looks To Blogs And Social Networks For Revenues Monday, 17 Mar 2008 | 3:51 PM ET
    CBS

    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.

  • 'Horton Hears a Who!' Tops Weekend Box Office Sunday, 16 Mar 2008 | 4:59 PM ET

    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.

  • TiVo/YouTube Team Up For Web TV Video Friday, 14 Mar 2008 | 3:51 PM ET

    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.

  • Montgomery Tech Conference Sparks Media M&A Wednesday, 12 Mar 2008 | 3:49 PM ET

    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.

  • NBC and News Corp. Launch Hulu.com Wednesday, 12 Mar 2008 | 9:47 AM ET

    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 On Economy and Yahoo Bid Monday, 10 Mar 2008 | 2:04 PM ET
    Rupert Murdoch

    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: Movie Theaters Moving Towards Digital Monday, 10 Mar 2008 | 11:53 AM ET
    Showest

    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.

  • '10,000 B.C.' Leads Box Office Hunt Sunday, 9 Mar 2008 | 3:08 PM ET

    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.

  • TiVo's Earnings: New Strategy Appears To Pay Off Thursday, 6 Mar 2008 | 12:47 PM ET

    TiVo announced its earnings Wednesday, showing the results of its new, broader focus-- licensing its technology to cable companies, selling interactive TV ads and results of whether those ads are watched, and pushing forward with movie and music downloads.

  • How Aspen's Rich Homeowners Get Bigger Thursday, 6 Mar 2008 | 10:51 AM ET

    Aspen, Colorado is a special place. And you need a lot of money to live here. There are 88 homes listed on the market for $20 million or more. Those are just the ones officially listed. But even here, the economic slowdown is starting to affect prices.

  • Hollywood's day in Federal Court Thursday, 6 Mar 2008 | 7:21 AM ET

    After years of grand jury testimony, the trial of Anthony Pellicano, erstwhile private eye-to-the-stars, starts this week. Jury selection is underway in downtown Los Angeles.

  • How the Very Rich Think and Spend Wednesday, 5 Mar 2008 | 3:05 PM ET

    "When the economy gets tough, the mood changes for the wealthy first." So said Maryam Saghatelian, assistant VP for Cartier’s west coast operations.

  • Everything costs more these days, even a night at the movies. I spent $14 on a movie ticket the other day--I can't even admit how much my husband and I spent on a tub of popcorn! Yes, it was a fancy new theater but there's no question, movie ticket costs are going up across the board.

  • Hollywood

    Hollywood and Silicon Valley couldn't be more different--from the clothes worn and cars driven, to the focus. Hollywood on content, Silicon Valley on new ways to do digital distribution. Hollywood's worried about losing control of digital revenues (which is exactly what the writers' strike was about) as well as piracy.

  • Will Ferrell Shoots Air Ball with Movie 'Semi-Pro' Sunday, 2 Mar 2008 | 3:24 PM ET

    Will Ferrell stumbled at the North American box office Sunday with his latest sports comedy, "Semi-Pro." The basketball spoof narrowly took the No. 1 spot with disappointing ticket sales of $15.3 million, its struggling distributor New Line Cinema said

  • Countrywide Cancels Second Florida Event Saturday, 1 Mar 2008 | 1:23 PM ET

    Friday night Countrywide informed me that an employee sales event planned in April at an expensive Florida resort has been cancelled.

  • Inflation is in the air and everyone--including our own Jim Cramer--is talking about whether ethanol is causing higher food prices. But let's talk about a food price that's very important--one that touches my life every week when I go. No, not to the grocery store but to the movie theater!

Entertainment

Television

  • Apple TV will not launch until next year in part because cable companies are "dragging their heels," The Information reports.

  • "Sharknado 2" screenwriter Thunder Levin, discusses the genesis of Sharknado, the success of the franchise and the challenges of filming in New York City.

  • Social media is directly responsible for the success of the "Sharknado" franchise, says Ian Ziering, "Sharknado 2" actor, discussing the movie's smashing success on the eve of its Wednesday night premiere on the Syfy Network.