Jan 29- Viacom Inc, owner of movie studio Paramount Pictures Corp and cable network Nickelodeon, reported lower-than-expected quarterly revenue as weak U.S. advertising spending more than offset the box-office success of "Interstellar". Barclays analyst Kannan Venkateshwar had forecast a 0.2 percent drop in advertising across cable networks in the...» Read More
At the Future of Television conference Tuesday my attention shifted from the tech players to the content providers. Transitioning from traditional revenue streams of TV commercials and theatrical movie distribution, they're all trying to figure out how to monetize digital distribution.
Forget about channel surfing--it's so passe. I'm at the Future of Television Conference at the Hollywood Roosevelt Hotel in Hollywood, where content companies, tech giants, and startups are convening to figure out what television should and will look like tomorrow.
Horton the elephant retained the heavyweight crown at the North American box office on Sunday, but the Easter holiday failed to prevent overall sales from resuming their downtrend.
I met up with several Wall Street analysts last night and everyone was talking about cable properties being on fire. Everyone taking a close look at the cable entities driving the media giants--like ESPN--and the ones now on the auction block.
Blu-ray officially won the high-def format war, and now everyone who was burned is licking their wounds. Toshiba announced it will lose $1.1 billion in fiscal 2007 due to losing the format battle.
The traditional music biz is over as CD sales dropped about 20 percent from 2006 and 2007. And revenues from that physical music business are likely to comprise just 20 percent of an up and coming band's revenue stream.
CBS has a couple strategies to make its shows widely available online. It's the only one of the major networks distributing its shows (ad supported of course) on YouTube. And nearly two years ago CBS created Innertube, the online video player on CBS.com that streams sports, news, and sitcoms.
The computer-animated adaptation "Dr. Seuss' Horton Hears A Who!" trampled its rivals at the North American box office Sunday with weekend sales of $45.1 million, the biggest opening of the year.
Here's the $64,000 question of the day: Do people really want to watch made-for-web content on their televisions? It didn't work when NBC picked up the web series "Quarterlife" to air on primetime--they're sending it over to Bravo.
While the world continues to reel from the news of Elliot Spitzer's scandal, this was also a big week in Hollywood's high-level legal embarrassment--the Pellicano trial. Private eye to the stars Anthony Pellicano is on trial for fraud, wire tapping, bribing police officers and others, and yes, it's messy.
The Montgomery Tech conference is underway in Santa Monica, Calif. This is where the big media, tech, and telecom giants come to check out the 160 independent firms presenting their businesses. Cisco, Microsoft, IBM, Google, Disney, News Corp. -- 100 "buyers" in total are here checking out the start-ups and weighing investment possibilities.
Hulu.com is finally going public on Wednesday. After a four-and-a-half-month long public beta, the video site, co-founded and jointly owned by News Corp. and NBC Universal, is launching officially.
Rupert Murdoch CEO of News Corp, spoke at Bear Stearns annual media conference today, weighing in on the U.S. economy. He said he's now "more pessimistic" about the economy. Though he also said that News Corp is well positioned to weather an economic downturn because only about 20 percent of the company's business comes from advertising...
ShoWest--the annual conference for movie distributors (divisions of media companies) and exhibitors (movie theater chains)--is underway in Las Vegas. This is where the movie studios show off their big products they hope will be blockbusters to get the theater owners excited to fill their seats.
Movie-goers went hunting for their inner caveman as they sat in the dark for the prehistoric adventure "10,000 B.C.," which led the weekend box office with $35.7 million, according to studio estimates Sunday.
TiVo announced its earnings Wednesday, showing the results of its new, broader focus-- licensing its technology to cable companies, selling interactive TV ads and results of whether those ads are watched, and pushing forward with movie and music downloads.
Aspen, Colorado is a special place. And you need a lot of money to live here. There are 88 homes listed on the market for $20 million or more. Those are just the ones officially listed. But even here, the economic slowdown is starting to affect prices.
After years of grand jury testimony, the trial of Anthony Pellicano, erstwhile private eye-to-the-stars, starts this week. Jury selection is underway in downtown Los Angeles.
"When the economy gets tough, the mood changes for the wealthy first." So said Maryam Saghatelian, assistant VP for Cartier’s west coast operations.
Everything costs more these days, even a night at the movies. I spent $14 on a movie ticket the other day--I can't even admit how much my husband and I spent on a tub of popcorn! Yes, it was a fancy new theater but there's no question, movie ticket costs are going up across the board.
Singapore casinos haven't lived up to the hype, but Marina Bay Sands results suggest those writing off growth may need to write it back in.
Here's the message 'American Sniper' is sending to Hollywood, says Carol Roth.
Twitter is taking its pitch to developers—and attempting to reinvent itself—on the road, with Twitter Flock.
HONG KONG, Jan 28- China's Hunan TV& Broadcast Intermediary Co Ltd has agreed a deal with U.S. studio Lions Gate Entertainment Corp that will see the two firms invest a combined $1.5 billion in film making, marking the latest inroad by a Chinese firm into Hollywood. Lions Gate, known for producing movies such as "The Hunger Games", and Hunan TV plan to invest the $1.5...
The proposed Comcast-Time Warner Cable and AT&T-DirecTV deals will be approved, Liberty Media CEO Greg Maffei tells CNBC.
NEW YORK— Satellite TV provider Dish Network made a splash this month when it unveiled an online alternative with fewer channels and a lower price tag than its regular service. The package is cheap compared with cable and satellite packages that typically cost $50 to $100 per month. Sling TV's base package costs $20 a month and comes with 11 channels from Disney,...