BEIJING— China is wooing filmmakers at the same time as it's cracking down on them. But while China is avidly pursuing what it considers serious content to replace popular dating, reality and game shows, it is also stifling material with any whiff of challenging the Communist Party line.» Read More
After rumors of everything from partnering with Netflix to buying Epic Games (neither are true), the big news from the Microsoft keynote speech at the Game Developers Conference: now you can create your own games and put them on Xbox Live to share.
The Oscars are just around the corner--this Sunday night--but many people are buzzing that they don't seem as big of a deal this year. Well, they are still a big deal in Hollywood, and their slightly lower profile makes a lot of sense this year. For one thing, the writers' strike put the fate of the Oscars in jeopardy.
Wall Street was thrilled that Sony's Blu-ray has officially won the high def format battle. Sony's stock made gains Tuesday on the news that Toshiba will stop making HD-DVD players. This is the final piece in a long battle that dragged on for years, losing movie studios hundreds of millions...
Walt Disney Co has reached a deal to more than double its stake in Indian TV and movie content maker UTV, the two firms said, underscoring the U.S. entertainment firm's efforts to expand globally.
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.
California will triple its tax breaks for entertainment companies doing business in the state in an effort to bring production back to the state.
Amazon launching its third wave of original pilots: three half-hour comedies and two hour-long dramas with big names attached.
Actor Dulé Hill discusses his social gaming app Nomino, which allows users to challenge their followers to solve riddles associated with a photo or video.
That changed with digital video recorders and Internet streaming services such as Netflix and Hulu. I used some recent trips to finish Showtime's "Dexter" and start CBS' "The Good Wife." In between, I breezed through Netflix's "Orange Is The New Black" and the second season of " House of Cards.
This is why a breakthrough TV product from Apple has not emerged, according to Walter Isaacson, "Steve Jobs" biographer.
Discussing Amazon's "unusual" acquisition of video game streaming company Twitch, with Mark Mahaney, RBC Capital Markets managing director.