HBO is in talks with Apple to be its launch partner for the highly anticipated "HBO Now" video-streaming service.» Read More
Rupert Murdoch CEO of News Corp, spoke at Bear Stearns annual media conference today, weighing in on the U.S. economy. He said he's now "more pessimistic" about the economy. Though he also said that News Corp is well positioned to weather an economic downturn because only about 20 percent of the company's business comes from advertising...
ShoWest--the annual conference for movie distributors (divisions of media companies) and exhibitors (movie theater chains)--is underway in Las Vegas. This is where the movie studios show off their big products they hope will be blockbusters to get the theater owners excited to fill their seats.
Movie-goers went hunting for their inner caveman as they sat in the dark for the prehistoric adventure "10,000 B.C.," which led the weekend box office with $35.7 million, according to studio estimates Sunday.
TiVo announced its earnings Wednesday, showing the results of its new, broader focus-- licensing its technology to cable companies, selling interactive TV ads and results of whether those ads are watched, and pushing forward with movie and music downloads.
Aspen, Colorado is a special place. And you need a lot of money to live here. There are 88 homes listed on the market for $20 million or more. Those are just the ones officially listed. But even here, the economic slowdown is starting to affect prices.
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.
HBO is in talks with Apple to be its launch partner for the highly anticipated "HBO Now" video-streaming service.
Amy Pascal is looking to set to settle into her new gig, but the move has reportedly gotten clouded.
Several PGA Tour elites weighed in on how the struggling sport of golf can get turned around.
Robert Johnson, RLJ Companies founder, discusses the success of the show "Empire" and the reality of the public offering announced on the show.
According to sources, HBO and Apple are in talks to partner on the streaming service HBO Now, reports CNBC's Julia Boorstin.