HONG KONG— Imax and China's biggest state-owned film exhibitor are teaming up to open 19 giant screen cinemas in the world's No. 2 movie market. Imax Corp. and Shanghai Film Corp. said Tuesday that a "significant number" of the theaters will open before the end of 2015..» Read More
Economic concerns are making Wall Street nervous about the media sector. Today analysts at Goldman Sachs and Sanford Bernstein issued negative reports on the broad media sector. GS's Anthony Noto reduced estimates across communications, media and entertainment sectors.
Yet another sign of the convergence of content and technology: For the first time, a cable company CEO made a keynote speech at CES. This morning, Comcast spacer chief Brian Roberts announced a new strategy, calling it Comcast 3.0.
Here at CES mega digital distribution deals are making headlines. Back in LA, the big news is still the writers strike--and surprise, the big news in both Las Vegas and Los Angeles are totally entwined. The writers are striking to get a bigger chunk of the revenue from the very digital deals announced at CES.
CES is all about gadgets, but this year more than ever it's about getting CONTENT on those gadgets. What's the point of a gorgeous huge, super skinny high def TV, if not to watch high def movies at the touch of your fingertips. And all these fancy mobile devices, aren't they all just means to watch clear video on that tiny screen?
Nicolas Cage's "National Treasure" sequel was the top draw at North American movie theaters for a third consecutive weekend, while a pregnant schoolgirl delivered another healthy box-office bundle.
Warner Bros. has become the latest studio to back Blu-ray exclusively. The announcement scheduled for Monday at the Consumer Electronics Show in Las Vegas instead leaked out today with the studio now confirming the news.
For years, everyone's been waiting for an indication that either Sony's Blu-Ray or Microsoft and Toshiba's Blu-Ray format would emerge triumphant and the other would go the way of the BETA deck. Today, finally, a crucial tipping point in this battle in which the $20 billion dollar home video market is at stake.
DVD-by-mail service Netflix will begin delivering movies and other programming directly to televisions later this year through a set-top box that will pipe entertainment over a high-speed Internet connection.
Watch a TV show nowadays and the music has become as important to the story as the actors themselves. At least that's the case for Alexandra Patsavas, the CEO of Chop Shop Music Supervision in Pasadena, Calif.
Happy 2008! I'm back from my travels and have spent the day reading up on all the news I missed while away (though news of Benazir Bhutto's assassination was everywhere, the international press doesn't follow Hollywood labor negotiations as closely).
Here's the lamest New Year's Eve idea ever: The Ladies' Home Journal took a poll on which Presidential candidate you'd like to take to a New Year's Eve karaoke party. I'm not kidding! Plus: Wooing McDreamy!
Nicolas Cage led the North American box office for a second weekend with his "NationalTreasure" sequel, while the teen comedy "Juno" raced up the rankings despite playing in limited release.
Wal-Mart Stores Incquietly canceled its online video download service less than ayear after the site went live, a company spokeswoman saidThursday.
Flying Southwest Airlines again today. Getting the hang of the new boarding system. Maybe it's not so stupid. Maybe I'm not so stupid. I'm flying to Sacramento and driving to Stockton to check in again on America's Foreclosure Capital.
But this season's holiday gift of the year -- and a gift that will be popular throughout 2008 -- is Jason Weisenthal's WallMonkeys. Nobody invents things these days; they take an idea and modify it. That's Jason's story...
Movie Gallery, the second-biggest U.S. video rental chain, said it filed a reorganization plan in bankruptcy court, and hopes to emerge from Chapter 11 next year.
Nicolas Cage topped the North American box office for the second time this year on Sunday with "National Treasure: Book of Secrets," a sequel to the biggest movie of his career.
Patric Verrone, President of the Writers Guild of America West, appears live today during "Street Signs" to be interviewed by yours truly. In a strange way, I have the AMPTP to thank...
My blog about the difficulties in nailing down an interview with the head of the Writers Guild of America West, Patric Verrone, was posted in the nightly press release from the AMPTP! After that release went out, I heard from the WGA East in a New York second. Why, the WGAE asked, hadn't I requested an interview with its President, Michael Winship? He would happily accommodate me.
What you don't see on CNBC-TV are all the calls, meetings, emails, etc, initiated by reporters and producers and bookers and anchors, all trying to convince people to come on our air. I've been going 'round and 'round for a week to get the head of the Writers Guild of America West, Patric Verrone, to come on our air for a live interview.
"Our goal is to get as close to the experience the surfer is having," says the head of a pro surfing organization.
Facebook and Twitter face different growth scenarios, but both are now focusing their gaze on the same market: Retail.
Events involving climbing walls and crawling in mud now are said to be bigger than marathons and half-marathons
But at Verizon Communications, "wireless margins came under just a bit of pressure," a top analyst tells CNBC.
July 22- Newspaper and broadcast company Gannett Co reported higher revenue and earnings on Tuesday, benefiting from its acquisition of Belo's TV stations.
Netflix CEO Reed Hastings discussed the global demand for on-demand content in the company's Q2 earnings call, with CNBC's Julia Boorstin.