Media pundit Michael Wolff says there isn't any real contest between digital and broadcast, because old media has already bested new media.» Read More
Forget about that doom and gloom scenario. At least the home video business is holding its own. Despite the economic downturn, the high price of gas, tighter consumer spending, and the new competition of digital distribution, DVD and Blu-ray disc sales are surprisingly strong.
An unnamed American publication paid for the pics, and the pay out isn't going into the Jolie-Pitt family's bank account; they're donating it to their favorite charity. While the publishing industry is suffering, the celebrity magazine business is booming.
There's no talk of concrete deals at the Allen & Co. conference this year, but the big names continue to circulate and talk intently over meals and cocktails. The spotlight is on the Yahoo crew, everyone wondering who they're talking to, and what that could mean about the fate of the company.
This new alliance aims to give both companies an advantage as the technology gains a foothold (and theaters). DWA will use Intel technology to speed up its production process and to evolve the strategies they employ to craft the digital images.
Google CEO Eric Schmidt, along with co-founders Larry Page and Sergey Brin sat down to talk to journalists at the Allen and Co. conference in Sun Valley for an hour and fifteen minute no-holds barred question and answer session.
When media moguls and tech startup CEOs gather for casual, culture-clashing sessions in Sun Valley, I can't help but marvel at the remarkable mix of styles. There's nothing like catching a CEO who feels safe in his pin stripes awkwardly sporting bermuda shorts.
The tech titans and media moguls schmoozed and chatted through the first full day of meetings at the Allen + Co. Conference. It was a quiet day in terms of deal buzz; perhaps largely because the Yahoo folks haven't arrived yet.
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.
Which is more likely to win the TV battle: CBS or Netflix? One observer already thinks the former has beaten the latter.
PARIS, July 3- French media group Vivendi pushed out Canal Plus chief Rodolphe Belmer amid controversy about the future of the pay-TV channel and its prominent satirical puppet show "Les Guignols". Canal Plus parent company Vivendi said in a statement on Friday it had named Canal Plus head of pay-TV Maxime Saada as new Canal Plus chief executive and appointed...
MEXICO CITY, July 2- Mexico's telecoms regulator said on Thursday that a new tender process for digital TV channels will begin in the last quarter of 2015, and the winner will be announced in the first half of 2016.. The step comes after the regulator in April revoked the awarding of a new TV network to media group Grupo Radio Centro, which failed to pay the sum...