Mad Money host Jim Cramer goes "off the charts" with Explosive Options founder Bob Lang, for a closer look at entertainment stocks, including Disney and Time Warner.» Read More
Hollywood studios presented a sweetened contract offer to striking film and TV writers, and negotiators requested a four-day recess to consider it, the producers' organization said.
One trend I'm seeing throughout the media industry is the cutting out of the middle man. Call it dis-intermediation, call it democratization: content distribution is being transformed. You can sell a song, publish a book, or even distribute a movie, without ever talking to one of the big old media companies.
While the WGA and Producers Association continues to negotiate, the TV networks are thinking about all the reasons they'd like this strike to wrap up. For one, if the strike drags into next year, advertisers may demand some of their money back. Here's how it usually works: TV networks guarantee advertisers a certain number of eyeballs.
Striking Broadway stagehands and theater producers will try again Wednesday to work out a deal to end their protracted labor dispute that has darkened theaters for more than two weeks.
The Writers Guild and the producers association sat down Monday morning for their first negotiations in three weeks. Those negotiations are continuing right now--all a very good sign that a deal is in the works. I've been talking to sources on both sides and the consensus (for today at least) is that the strike is expected to be over before the end of 2007.
Striking TV and movie writers kept up the pressure on studios by picketing and intensifying an Internet campaign that uses the very medium at issue in the contentious negotiations.
Black Friday is a big day for DVD and player sales but some people may be confused. If you buy "Ratatouille" in high def, you've gotta have a Blu-ray player. If the new high def "Transformers" is your thing, that Blu-ray player on your PS3 is totally useless, you need an HD DVD player.
Steven Spielberg has very fond feelings for his home of 30 years at Universal Studios. So much so, that he never moved offices. Even though his DreamWorks studio is owned by Viacom, he never made the move over to the Paramount lot. Now the fact that he kept his studio at Universal may prove convenient.
Third quarter advertising numbers are in and the good news is that online newspaper advertising grew 21 percent to $773 million according to the Newspaper Association of America. The bad news is that even that growth couldn't overwhelm the downward trend in the industry, overall ad revenue dropped 7.4% in the quarter.
There's hope in sight! The Writers Guild and the Producers association, the AMPTP, is planning to resume formal negotiations on November 26. That's the Monday after Thanksgiving, so maybe everyone will be so stuffed with Tryptophan (a chemical in turkey that makes you sleepy and happy) that they'll be in good moods to strike a deal.
DreamWorks principals David Geffen and Steven Spielberg have been negotiating to move their studio to NBC Universal from Paramount Pictures, the New York Times reported Saturday.
With the worst Hollywood labor crisis in 20 years headed for its third week, striking screenwriters and major studios have agreed to renew contract talks, offering the first glimmer of hope their deadlock can be broken.
The reviews for the new blockbuster-in-the-making Beowulf, released today, have been pretty good these last few days, but when it comes to the ground-breaking technology used to make the film, the reaction has been nothing short of overwhelming.
Facebook introduced a new ad platform last week, and since then dissent in the media has been slowly growing. After all the buzz about the hot Internet 2.0 company, it remains to be seen if Facebook will fall flat when it actually comes to delivering promised ad revenue.
The entertainment divisions of every media company will suffer from the writers' strike. But media giant Sony is rather well positioned because it's so diversified. I chatted about the strike with Sony CEO Howard Stringer last week and he said if there's a void of new content on TV
It's not funny business in Hollywood. A guerrilla labor action is happening today on location in Pacific Palisades, west of Los Angeles, where Eddie Murphy is filming a movie called "Nowhere Land." A source tells me producers got the Teamsters to line up trucks in a "circle the wagons" move to keep picketing writers from getting onto the set.
A video made by the Writers Guild is circulating the web. As of now it's been seen 111,000 times on Youtube. It dramatically argues that the studios are cashing in on digital distribution and the writers aren't getting a penny. It starts with Disney CEO Bob Iger saying that Disney has about $1.5 billion in digital revenues.
I've spent quite a bit of time reporting on the strike, and being posted in front of the picket lines is perhaps the most surreal environment to be reporting from. I'll admit, I watch a fair amount of TV and it was kinda weird to be jammed in the middle of a sweaty crowd of all the actors from all my favorite shows.
So I'm in Canada. Vancouver, to be exact. Cold. Brrrrr. Canada is like the quiet brother you love but ignore. Then one day he comes home with a brand new Porsche and a red hot girlfriend. Maybe you should have been paying attention.
We're in the second week of the writers' strike and there's no sign of any negotiations on the horizon. I've been polling writers, actors, and producers I know and they're all already fed up. But that doesn't mean that there's any resolution in sight.
The Kansas City Royals are commanding higher ticket prices and bigger merchandise sales than their rivals from the Bay.
The company will not change the name of its "Hazed and Confused" flavor, despite complaints from anti-hazing activists. The Daily Mail reports.
Suzanne Somers has come a long way since playing Chrissy Snow on "Three's Company" decades ago.
Mad Money host Jim Cramer goes "off the charts" with Explosive Options founder Bob Lang, for a closer look at entertainment stocks, including Disney and Time Warner.
Dish Network will no longer host several channels owned by Turner, such as Cartoon Network and CNN, amid a programming dispute.
NEW YORK, Oct 21- Nielsen and Adobe Systems Inc announced an alliance on Tuesday that aims to measure the viewership of digital video across all Internet-connected platforms including TVs, smart phones and tablets as the television ecosystem undergoes dramatic change. The move for Nielsen, which dominates traditional TV ratings and Adobe, which has troves of...