DC Comics, Warner Bros. and Mattel are launching a new brand of entertainment to get more young girls excited about superheroes.» Read More
While the media moguls are schmoozing in Sun Valley, all those actors who get your favorite shows on the air have been duking it out over their contract with the producers association, the AMPTP.
This event has sparked some of the biggest media deals, from Google's acquisition of YouTube to the Disney-CapCities merger in 1996. This year there's no avoiding the fact that the economy is in a downturn and the credit markets are tight, but it's not keeping the big names from rolling in.
According to BoxOfficeMojo, here are the ten highest grossing Fourth of July weekend (3-day) movie openings of all-time as of 2007.
Lehman Brothers analyst Anthony DiClemente returned from July 4 weekend with a negative outlook on the media giants, downgrading the entire sector to negative. DiClemente is concerned that digital distribution changes will "disrupt the core economic models of the majority of film and TV content."
Will Smith's box-office superpowers remain intact. Smith's "Hancock" -- the story of a boozing, foul-mouthed superhero who dresses like a street bum -- led the Fourth of July weekend with a $66 million debut, according to studio estimates Sunday.
Every time I click around a newspaper website I seem to stumble upon yet another way the old fashioned print industry is trying to reinvent itself for the digital age. Obviously the websites are step number one, hence my virtual page flipping.
Today at 2 pm pacific the Screen Actors Guild and the AMPTP (the producers association) are meeting to discuss the "Last Best Offer" the AMPTP made hours before SAG's contract expired at 12:01 Tuesday morning.
The “Back to the Future” movie franchise, which produced three movies from 1985 to 1990, generated an impressive $935 million in gross box office receipts. Nike will be releasing their new Hyperdunk in a teal version to make it look like the “Air McFlys.” Shoe collector shop Undefeated in Santa Monica will get first dibs as they’ll sell less than 100 pairs today.
Hollywood is looking at another intense third act; the tough guys are pulling out the big guns. The Screen Actors Guild is the last of the entertainment industry's guilds to renegotiate its contract, and let's just say, it's not looking like a fairytale ending.
On the heels of the writers' guild strike that cost the Los Angeles economy billions, the last thing Hollywood needs is another strike, especially an actors strike that could really cripple an industry already going through too much turmoil.
Sony's CEO Howard Stringer has unveiled the company's three year plan and one key to its growth strategy is a new video service called the PlayStation Network. Stringer said at a news conference: "Our mission is simply to be the leading global provider of networked consumer electronics and entertainment."
Morgan Fairchild sent me an email on yesterday's post about the SAG/AFTRA infighting: "Thanks for pointing out the insanity of what’s going on with these unions. And please vote for the AFTRA contract...BTW, I’m not a liberal, I’m a moderate, especially by Hollywood standards."
Media stocks have tanked. A chart of the media conglomerates performance over the past 12 months is flat-out ugly. They're all in the red, and all but Disney have underperformed the Dow, and it's still down about five percent over the past 12 months.
Newspapers are breaking records -- and it's not a good thing. A double-digit drop in newspaper ad revenue, the third consecutive year of declines, and record margin contraction makes this the industry's worst year ever. The newspaper industry's ad revenue is down 12 percent this year, on top of last year's already dismal 8 percent drop.
One week until the SAG contract expires, and a deal appears highly unlikely. This as the Screen Actors Guild celebrates 75 years of butting heads with the studios. But Tom Hanks is among those actors telling SAG to butt out of another union’s contract offer...
The gap between Bollywood and Hollywood is becoming increasingly narrow. Earlier this week I blogged about how Steven Spielberg is in talks with Indian Media Giant Reliance ADA group to finance an independent studio.
Los Angeles has a beautiful train station ... pity it lacks a key modern touch.
Yesterday afternoon I flying back from a shoot, seated next to a girl who seemed about ten, who spent the flight pouring over tween magazine articles about the Jonas Brothers.
Wall Street can be a fickle place, and as investors wonder where they ought to park their money while they ride out the economic volatility gripping the country right now, they may want to harken back to some oldies but goodies: Apple Inc., Google, Research in Motion and Amazon.
DreamWorks chiefs Steven Spielberg and David Geffen are looking for their next move, and India may play a starring role. Their deal with Viacom's Paramount Pictures expires at the end of this year, and Hollywood has been buzzing about conflict between the famous director and Viacom's top brass.
DC, Warner and Mattel are launching a new brand of entertainment, books and toys to get girls excited about superheroes.
Mattel will stop making the SeaWorld Trainer Barbie doll, along with all its SeaWorld-related merchandise, NBC News reports.
On Thursday, stock of Arris went up 20 percent because they announced an inversion deal. The company sponsors Carl Edwards in Nascar.
Comcast's Roberts said Friday the media giant had made good case for its proposed acquisition of Time Warner Cable, but now it's "time to move on."
Neil deGrasse Tyson astrophysicist and "Star Talk" host, discusses his new show about science and space. Also Tyson weighs in on the next scientific frontier.
Richard Parson, former Time Warner CEO, shares his thoughts on Verizon's "skinny bundle," and the unbundling of television content.