But while Obama got laughs in Washington, Oscar winners George Clooney and Sean Penn launched broadsides against Sony and Hollywood studios' response to the hack. Sony has said it could not release the film on its set date of Dec. 25 after cinemas said they would not show it because of fears of unspecified threats from hackers. Clooney, whose past two films for which...» Read More
Comcast's stock has fallen more than 30 percent in the past year -- painful for Comcast shareholders, including some activist shareholders who own chunks of stock. But Thursday, Comcast's stock made gains after the cable company announced its earnings and a quarterly dividend...
It's official, or as official as this is going to get: HD DVD is dead; long live Blu-ray! All along, industry pundits have compared the next-generation DVD format war to the Beta vs. VHS conflict when VCRs first burst on the scene. I didn't realize just how true that comparison truly was.
There are only a handful of franchises that can take a 19 year hiatus and return stronger than ever. I have very high hopes for Indy. The new trailer for "Indiana Jones and the Kingdom of the Crystal Skull" debuted on "Good Morning America" today. Joining Harrison Ford are Cate Blanchett and Shia LaBeouf as the sidekick.
YouTube threw a coming out party of sorts to hundreds of top ad industry execs in New York City this week. The event was called 'Videocracy,' and it's the largest ever advertiser event thrown by Google which bought YouTube for $1.6 billion dollars two years ago.
I spoke exclusively with Michael Lynton, the Chairman and CEO of Sony Pictures Entertainment, about the impact of the work stoppage on his business, and on Hollywood. The video clips are below. Sony's business if focused largely on making movies, which have a long time horizon, so Sony fared much better than its rival studios that own TV networks.
Forget about Apple Inc. for a second; even the ongoing drama between Microsoft and Yahoo: the real news on the technology front comes from George Lucas and his plans for the next installment of "Star Wars."
The 100 day-long writers strike is officially over. After voting overwhelmingly to return to work Tuesday afternoon, writers returned to the job. It's clear just driving around Los Angeles that things are picking up again--the traffic's much worse! (No joke). Writers and the studios are rushing to throw together pilots for the fall TV season.
The Lord of the Rings" trilogy was a huge franchise for Time Warner's New Line Cinema--bringing in about $3 billion at the worldwide box office alone. Now, J.R.R. Tokien's estate, a British Charity Called the Tolkien Trust, is suing New Line for its alleged failure to pay a percent of gross profit of the three films based on Tolkien's books.
It's about time. The writers guild strike is coming to an end and Hollywood should be back at work by Wednesday. The Writers Guild leadership unanimously approved the tentative deal made with the studios, and now the only step left, is the Writers Guild membership vote on Tuesday at the Writers Guild theater.
Online video rental company Netflix said Monday it would exclusively stock Blu-ray high-definition DVDs after a decision by some the world's biggest movie studios in favor of the Sony developed format.
In their second on-screen pairing, Matthew McConaughey and Kate Hudson returned to the top of the North American box office Sunday with the adventure comedy "Fool's Gold."
Michael Eisner may have said on CNBC's "Fast Money" that "The strike is over" -- but it's not QUITE there yet. Almost, but not quite. And Eisner's optimism definitely reflects the hopeful mood in Hollywood...
First of all, CNBC needs to open a bureau in Hawaii and pay me $20 million to run it. Ok, now that I've stopped drinking Mai Tais, let me tell you some things I've learned about making money here.
This morning IAC/InterActive Corp posted its earnings, and while they were messy, Chief Executive Barry Diller seemed quite satisfied. IAC swung to a fourth-quarter net loss of $369.9 million, from a net income of $15.3 million a year earlier. But this actually was good news for Diller.
Today, Time Warner reported its quarterly earnings and investors were very happy with what they heard on the post-earnings conference call. Jeff Bewkes, in his first call as Time Warner chief executive, presented his restructuring plan. Time Warner stock gained as much as 3% during the day, ending up about 2%...
Time Warner is working on splitting AOL's audience and access businesses and running the two as independent entities, Chief Executive Jeffrey Bewkes said.
News Corp isn't worried about the writers' strike or a consumer turndown--not after its numbers turned out to be so strong. And Rupert Murdoch is optimistic--the company raising its guidance for its fiscal year ending this summer.
This weekend, Disney broke all records with its limited release 3-D movie "Hannah Montana & Miley Cyrus: Best of Both Worlds Concert (3-D)." And the film's huge profit margin proves that CEO Bob Iger's strategy--building brands to exploit across the company's many platforms--really works.
Yes, it's true, after nearly four months and seemingly endless picket lines, the writers and the producers are close to a deal. After the Directors Guild renegotiated its contract, the Writers Guild leadership sat down with the Alliance of Motion Picture and Television Producers (AMPTP) -- and this time, Walt Disney Co. Chief Executive Bob Iger and Fox's Peter Chernin were leading those negotiations.
Walt Disney's 3-D movie "Hannah Montana & Miley Cyrus: Best of Both Worlds Concerts" topped movie box offices, raking in $29 million for the biggest opening for a normally slow Super Bowl weekend, according to studio estimates Sunday.
Taylor Swift's new track "Welcome to New York" is part of a campaign to lift New York City tourism.
Fake Instagram accounts were deleted during the "Instapurge," leading to dented celeb egos and loss of followers.
After Obama's criticism, Sony said theaters' decision not to show "The Interview" forced the studio to halt the release.
Washington is scrutinizing the "blackout rule" that restricts broadcasts for NFL games that fail to sell out.
A look at the massive hack attack at Sony and the nastiness it revealed, with The New Yorker's Ken Auletta. It becomes a real business changer for a lot of people in Hollywood, says Auletta.
Netflix Inc's second season of women's prison comedy "Orange is the New Black" landed a nod, alongside HBO's new tech satire " Silicon Valley"; Hispanic comedy "Jane the Virgin" from The CW, jointly owned by CBS and Warner Bros, and the only broadcast network show in the race; and Amazon Instant Video's transgender show, "Transparent. "The field of television is going...