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
Hollywood is a funny business. But no one's laughing right now. Nominees for the Golden Globes have been announced, but the Hollywood Foreign Press Association--the group behind the Globes--has yet to get a waiver from the Writers Guild of America to let writers write the awards broadcast January 13th.
It's that time of the year again, and no, I'm not talking about the holidays. It's Awards Season, and despite the hangover of the Writers Guild strike, which continues to drag on, there's still plenty of fanfare about the the Golden Globes Nominations which were announced today, which as far as I'm concerned, marks the very beginning of the run-up to the Oscars.
Talk to Marissa Mayer, Google's 20th employee and the company's first female engineer and she'll tell you "Zeitgeist," by definition, is "the spirit of the times. And it really tries to capture the moral, ethical and the popular cultures of the day."
We're well into week six of the Writers' Guild strike, and I can say from first hand experience that it's creating quite a weird holiday season here in Hollywood. You can't buy a latte in Beverly Hills without a barista complaining about the fact that the picketing is dragging on.
Fake Jane is very excited about 2008! She hopes to afford major reconstructive surgery which will turn back the hands of time. Or maybe she can at least afford better skincare products. Maybe she'll even go on a date! She's very optimistic that, even if she doesn't meet Mr. Right, she'll meet Mr. Desperate. Yes!
At this time of year, it's predictions, predictions, predictions. So as part of CNBC's Outlook for '08, here are mine for the media world and all that's in it--with a personal look as well! (see number 7). Here I go!!
Sad. There are no new episodes left of "The Office" because of the strike, which means we will instead have to experience the real-life insanity of communing with colleagues at the holiday office party.
It's week six of the Writers Guild strike and talks have totally broken down. Now the producers association, the AMPTP, has walked away from negotiations, squelching hopes of a quick resolution before the holidays. Here's what happened: The AMPTP gave the writers a revised proposal on Friday afternoon, including a slightly more generous deal for the writers on streaming of movies.
"The Golden Compass," a $180 million family fantasy starring Nicole Kidman and Daniel Craig, did not meet expectations at the North American box office, opening at No. 1 but with weekend ticket sales of just $26.1 million, its distributor said Sunday.
Rupert Murdoch's media empire is shaking up the management structure, and putting son James Murdoch in a bigger job that sets him up to succeed his dad. Here's the news: 34-year old James Murdoch was appointed head of Europe and Asia, and replacing his dad as chairman of BSkyB, where until now he was CEO. So, yeah, James is really young, but his experience sets him up for this job quite well.
The possibility of U.S. Postal Service surcharges on DVD mailers caused one analyst to reiterate his "sell" rating on online video rental company Netflix, which ships over 1.6 million DVDs per day.
There's good news--the Writers Guild said the last two days of talks with the AMPTP (the producers association) were "substantive." Among the topics they made progress on--the issue of whether the union should have jurisdiction over made-for-Internet content and for reality TV.
How many of you have ever met Levi Strauss? How about J.C. Penney, the man, not the store? Did you ever call Sam Walton a "hillbilly" and an "s.o.b." in print? The answer of course is, no. But "Papa Jack" Weil has done all three and lived to tell about it. He's lived 106 years.
Now that the press blackout has been lifted on the Writers Guild strike talks, we're getting some insight into the ongoing haggling over offers and counteroffers. Last night the WGA released analysis of the producers association, the AMPTP's deal, saying that it would cost the companies $151 million over three years, and some studios would pay very little--MGM would pay only an additional $320,000 per year to writers.
Netflix revolutionized the way we rent movies; its TV commercials boast more than a billion rentals already. And while its stock has suffered a choppy performance through its history, the company has been enjoying a renaissance of sorts recently. But a new report out from Citigroup this morning could put the brakes on Netflix's good cheer.
The TV industry braced Tuesday for what could become a long strike by writers, even as both sides returned to the bargaining table.
Everyone's been talking about how DVDs are dying, and that nobody's buying the archaic discs. But guess what, you'll probably get a whole bunch as gifts this year. There were more DVDs sold this Thanksgiving than any previous year, up 6 percent from the same weekend in 2007. Now, it's important to point out, that at the same time, the overall retail revenues from DVDs has fallen thanks to the big box retailers' deep discounting.
The Walt Disney family fantasy "Enchanted" enjoyed another fairy-tale weekend at the North American box office Sunday, but overall sales succumbed to the traditional post-Thanksgiving blues.
Oh darn, the buzz in Hollywood was so optimistic when the writers and producers returned to the bargaining table on Monday. It seemed sure they'd wrap everything up by Christmas, in time for a nice Hollywood ending. But this must be the third act, things just took a dramatic turn, making it unclear how it'll all end.
The young guard in Hollywood are taking the strike to heart--it's truly infiltrating every part of the social world here--even parties. But at least everyone is still writing, Dr. Seuss-inspired poems, that is. And the sense of humor still seems to be good.
Events involving climbing walls and crawling in mud now are said to be bigger than marathons and half-marathons
Time Warner's board moved to bar shareholders from calling meetings, throwing up a hurdle to any quick approval of a takeover.
Netflix reported slightly lower-than-expected earnings while revenue was in line with estimates, thanks user growth.
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.