Providing choice is key to getting young people to actually pay for programming, Time Warner Chairman and CEO Jeff Bewkes tells CNBC.» Read More
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.
Hollywood and Silicon Valley couldn't be more different--from the clothes worn and cars driven, to the focus. Hollywood on content, Silicon Valley on new ways to do digital distribution. Hollywood's worried about losing control of digital revenues (which is exactly what the writers' strike was about) as well as piracy.
Will Ferrell stumbled at the North American box office Sunday with his latest sports comedy, "Semi-Pro." The basketball spoof narrowly took the No. 1 spot with disappointing ticket sales of $15.3 million, its struggling distributor New Line Cinema said
Friday night Countrywide informed me that an employee sales event planned in April at an expensive Florida resort has been cancelled.
Inflation is in the air and everyone--including our own Jim Cramer--is talking about whether ethanol is causing higher food prices. But let's talk about a food price that's very important--one that touches my life every week when I go. No, not to the grocery store but to the movie theater!
Today, in honor of the movie "Semi-Pro" debuting, I went on "Squawk Box" with an afro and my Flint Tropics jersey T-shirt. You also might want to see the interview with Tony Ponturo of Anheuser-Busch. Tony talked to us about "Semi-Pro" and the company's new sponsorship of Ultimate Fighting.
On Wednesday I reported about the network launch of "Quarterlife," the first show produced for the Internet to air on TV. The ratings were a HUGE disappointment, it was a distant third in the 10 pm hour, just 3.86 million viewers, and just a 1.3 rating in the crucial 18-49 year old group.
As I'd expected, it was a rocking quarter for Viacom: its fourth quarter profit increased more than 16 percent. The two divisions undergoing a turnaround--the media networks division and its movie studio, Paramount--showed strong results.
I've been hearing from sources that Countrywide, despite cancelling an expensive ski junket to Colorado, is planning two even bigger events in Hollywood, Fla. Now comes confirmation from a source at The Westin Diplomat Resort & Spa that Countrywide has booked the location for two different events
Time Warner's new CEO, Jeff Bewkes just showed Wall Street that he means business about cost cutting and getting the company on track. He just made his first big move-- consolidating Time Warner's New Line studio into its separate and larger Warner Bros.
Cable network and movie studio owner Viacom said Thursday fourth-quarter profit rose 16 percent on higher advertising sales at its MTV Networks and strong sales of its "Rock Band" video game and "Transformers" DVDs.
Viacom reports its quarterly earnings after the bell today and all eyes will be on the results of its Media Networks Division. Wall Street's expecting eight percent revenue growth from the group of cable networks that includes MTV, VH1, Comedy Central and Nickelodeon.
New Line Cinema has done almost everything right with its promotion of Will Ferrell’s “Semi-Pro,” the story of the fictional ABA player Jackie Moon that hits theatres tomorrow. So much so that Moon is more relevant in the sports business world today than LeBron James.
Jerry Seinfeld isn't laughing at the moment. He and his wife are asking that a lawsuit alleging what he calls "vegetable plagiarism" be thrown out of court. Last year, cookbook author Missy Chase Lapine wrote "The Sneaky Chef: Simple Strategies for Hiding Healthy Foods in Kids' Favorite Meals."
Netflix is a buy, according to Jeff Macke, on the heels of the DVD rental service company’s new increased outlook.
Nothing like a green ogre to give a company's net income a boost. In its earnings report after the bell Tuesday, DreamWorks Animation reported quarterly net income of 98 cents a share, beating analysts consensus expectations of 72 cents a share, and up from a 20 cents per share loss in the year-ago quarter.
A new hour-long show called "Quarterlife," debuting tonight on NBC, will be the first-ever show produced and shot for the Internet to air on network TV.
CBS beat expectations thanks to better than expected performance from its TV and Outdoor divisions, while its overhead came in lower than expected. The company reported earnings from continuing operations of 54 cents per share, a penny above Wall Street's consensus estimate.
According to one model, you're better off taking the Seattle Seahawks over the New England Patriots.
Jay Z wants to grow his empire by buying a streaming music business.
Colleen McCullough is likely Australia's best-known writer, but one Australian daily thought her weight was more important than her work.
A Super Bowl spot costs $4.5 million. Here's what that would buy on major social media networks.
Choice is key to getting young people to pay for programming, Time Warner Chairman and CEO Jeff Bewkes tells CNBC.
Brian Rolapp, NFL Network CEO, discusses Sunday's Super Bowl, social media and head injuries in the NFL.