HONOLULU— President Barack Obama says the United States is reviewing whether to put North Korea back on its list of state sponsors of terrorism as Washington decides how to respond to what he calls an "act of cybervandalism," not one of war, against a movie company. "How it's going to be distributed, I don't think anybody knows quite yet," a Sony lawyer said.» Read More
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.
Out in La-La Land, when the going gets tough, the tough quit dry cleaning. I've created the CNBC Dry Cleaner Economic Index. After all, what's the first thing you stop spending money on when you need to cut back on expenses? And in Southern California, a lot of people are having to cut back.
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.
Washington is scrutinizing the "blackout rule" that restricts broadcasts for NFL games that fail to sell out.
A look at the massive hack attack at Sony and the nastiness it revealed, with The New Yorker's Ken Auletta. It becomes a real business changer for a lot of people in Hollywood, says Auletta.
Netflix Inc's second season of women's prison comedy "Orange is the New Black" landed a nod, alongside HBO's new tech satire " Silicon Valley"; Hispanic comedy "Jane the Virgin" from The CW, jointly owned by CBS and Warner Bros, and the only broadcast network show in the race; and Amazon Instant Video's transgender show, "Transparent. "The field of television is going...