The film, directed by Clint Eastwood and starring Oscar nominee Bradley Cooper as a Navy Seal sharpshooter, has now taken in more than $200 million in U.S. and Canadian theaters since opening wide on Jan. 16. But audiences continued to flock to see Eastwood's big hit, "American Sniper," which Warner Bros, the Time Warner Inc unit that released the film, has called a "...» Read More
Disney reports after the bell Tuesday and Wall Street is anxious to see how the media giant holds up in light of the economic downturn. The company's division most in the spotlight is Parks and Resorts and the question being how much consumer spending will hurt park attendance and revenues.
Iron Man opened the summer movie season with a whopping $100 million plus from the U.S. box office and $200 million worldwide. With Robert Downey Jr. cleverly cast in the starring role, the film is skewing to an older audience than traditional superhero fare, and has great word of mouth so far. ... Not only is this past weekend a good sign for Hollywood this summer, it's phenomenal news for Marvel Entertainment.
I'm a movie junkie and I'm so happy the summer movie season is underway. You'll probably find me at a theater every weekend between now and the end of July--when the movie premiers finally slow down.
"Iron Man" from Marvel and Paramount opens today, kicking off the summer movie season. With the box office expected to top $85 million opening weekend, Hollywood's pretty excited, and for good reason. The economic downturn is squeezing consumer spending, but there's one corner of the consumer pocketbook that'll emerge unscathed from the "r" word.
Media giant Viacom spacer beat Wall Street expectations with strong profits driven by its cable networks (including MTV) and its "Rock Band" video game franchise. Net income grew 33 percent over last year's quarter (excluding an investment write down) to $270 million, while revenue was up 15 percent in the period to 3.12 billion.
The Mad Money host makes a special appearance in the summer's first blockbuster!
Apple Inc. is making news today by offering to sell movies on iTunes the same day the DVD of the film hits store shelves, as a way fans can take the movie home with them as soon as possible. Now, Disney-Pixar is coming up with a way fans will be able to take a piece of the upcoming animated film "WALL-E" with them as well.
The nation's largest cable provider, Comcast, reported its quarterly earnings in line with expectations. Better than expected gains of subscribers to high-speed Internet and digital phone services reassured Wall Street that Comcast is holding it own in competition with the likes of DirecTV and AT&T.
Today in Time Warner's post-earnings conference call CEO Jeff Bewkes announced some interesting news about the company's new strategy about distributing home video. Warner Bros. will offer its DVD film titles on video-on-demand the same day they release the DVDs--what they call a "day and date" release in Hollywood.
Defense giants Boeing and Northrop Grumman keep going at it over the Air Force tanker deal. This as the clock ticks down on a Government Accounting Office investigation into whether the current decision should stand.
Wall Street has been waiting for news on how Time Warner CEO Jeff Bewkes is going to shake up the company. Today investors didn't get too many details, but they did get affirmation that he's moving forward with the plan.
Time Warner plans to split off its cable services division to lift its sluggish stock price as it also reported quarterly earnings Wednesday that fell just short of Wall Street's expectations.
CBS stock has been beaten down over the past year--down some 30 percent. But today the stock is up on the company's better than expected quarterly results. And good news for shareholders, CBS spacer raised its quarterly dividend from 25 cents per share to 27 cents per share.
When I read the New York Times article late Sunday night about Disney star Miley Cyrus revealing Annie Lebowitz photos, I thought uh oh, and immediately went to the Vanity Fair website to click through the 18-photo spread and read the article.
While Walt Disney plays damage control over the near-topless photos of Miley Cyrus, the hugely popular teen star of its lucrative "Hannah Montana" multi-media franchise, most analysts say the event is more likely to boost the bottom line than hurt it.
Starbucks CEO Howard Schultz is trying to get Starbucks focused on coffee--which means the entertainment business it's been building up over the past four years is now due to be pared down. Late Wednesday Starbucks unveiled weaker-than-expected estimates for its fiscal second quarter and year -- sending Starbucks shares down a whopping ten percent Thursday.
How to spend a tax rebate? Fake Jane finds a way.
Tribeca Film Festival in Lower Manhattan kicked off Wednesday night with the premiere of Universal Pictures "Baby Mama," staring Saturday Night Live comediennes Tina Fey and Amy Poehler. This year the movie studios have 62 comedies scheduled for wide release, up from 52 wide-release comedies last year. The economy may be suffering, but Hollywood is bullish on comedies...
The seventh annual Tribeca Film Festival kicked off Wednesday morning, with a big press conference at which New York Governor David Patterson announced that he signed a bill increasing New York State tax credits for TV and movie production from 10 to 30 percent.
Earth Day: And there is no athlete more perfect for this day for Steve Nash. The guy has endorsement deals with Arizona Power Company, Canadian Company BC Hydro (a hydroelectric utility), Energy Innovations (renewable energy) and drives a Lexus Hybrid! He also has a big endorsement deal with Nike -- which today is re-releasing Steve Nash's Trash Talk shoe in limited quantities.
Twitter is taking its pitch to developers—and attempting to reinvent itself—on the road, with Twitter Flock.
Bettors will be trying to cash in on hundreds of weird bets tied to the Super Bowl. Did someone mention a ground hog?
Jack Ma, Alibaba's founder, said one of the reasons his company is so successful is he hires a lot of women. Plus, Ma on Hollywood ambitions.
BOSTON— Peggy Charren, the founder of Action for Children's Television who waged a decades-long fight to improve the quality of children's programming has died. Charren, who had vascular dementia, died Thursday in Massachusetts, Sugarman-Sinai Memorial Chapel in Providence, Rhode Island, said in an obituary posted on its website. But the grassroots...
Jan 21- U.S. television network NBC will post all Super Bowl commercials that air on TV to a Tumblr page moments after they air on TV, providing another way for brands to reach viewers with ads that cost up to $4.5 million for 30 seconds. The page on social media site Tumblr is a way for those viewers to see all of the TV ads, NBC said in a statement on Wednesday.
BTIG media and tech analyst Rich Greenfield told CNBC that Netflix has full control over its pricing power.