TOKYO/ LOS ANGELES, Dec 25- Sony Corp's Tokyo headquarters is changing its usual arm's-length relationship with its U.S. studio following a massive cyberattack and the controversy over the comedy "The Interview," with the group CEO being consulted on key decisions, company officials said. Officials with direct knowledge of the relationship said Sony Pictures...» Read More
Third quarter advertising numbers are in and the good news is that online newspaper advertising grew 21 percent to $773 million according to the Newspaper Association of America. The bad news is that even that growth couldn't overwhelm the downward trend in the industry, overall ad revenue dropped 7.4% in the quarter.
There's hope in sight! The Writers Guild and the Producers association, the AMPTP, is planning to resume formal negotiations on November 26. That's the Monday after Thanksgiving, so maybe everyone will be so stuffed with Tryptophan (a chemical in turkey that makes you sleepy and happy) that they'll be in good moods to strike a deal.
DreamWorks principals David Geffen and Steven Spielberg have been negotiating to move their studio to NBC Universal from Paramount Pictures, the New York Times reported Saturday.
With the worst Hollywood labor crisis in 20 years headed for its third week, striking screenwriters and major studios have agreed to renew contract talks, offering the first glimmer of hope their deadlock can be broken.
The reviews for the new blockbuster-in-the-making Beowulf, released today, have been pretty good these last few days, but when it comes to the ground-breaking technology used to make the film, the reaction has been nothing short of overwhelming.
Facebook introduced a new ad platform last week, and since then dissent in the media has been slowly growing. After all the buzz about the hot Internet 2.0 company, it remains to be seen if Facebook will fall flat when it actually comes to delivering promised ad revenue.
The entertainment divisions of every media company will suffer from the writers' strike. But media giant Sony is rather well positioned because it's so diversified. I chatted about the strike with Sony CEO Howard Stringer last week and he said if there's a void of new content on TV
It's not funny business in Hollywood. A guerrilla labor action is happening today on location in Pacific Palisades, west of Los Angeles, where Eddie Murphy is filming a movie called "Nowhere Land." A source tells me producers got the Teamsters to line up trucks in a "circle the wagons" move to keep picketing writers from getting onto the set.
A video made by the Writers Guild is circulating the web. As of now it's been seen 111,000 times on Youtube. It dramatically argues that the studios are cashing in on digital distribution and the writers aren't getting a penny. It starts with Disney CEO Bob Iger saying that Disney has about $1.5 billion in digital revenues.
I've spent quite a bit of time reporting on the strike, and being posted in front of the picket lines is perhaps the most surreal environment to be reporting from. I'll admit, I watch a fair amount of TV and it was kinda weird to be jammed in the middle of a sweaty crowd of all the actors from all my favorite shows.
So I'm in Canada. Vancouver, to be exact. Cold. Brrrrr. Canada is like the quiet brother you love but ignore. Then one day he comes home with a brand new Porsche and a red hot girlfriend. Maybe you should have been paying attention.
We're in the second week of the writers' strike and there's no sign of any negotiations on the horizon. I've been polling writers, actors, and producers I know and they're all already fed up. But that doesn't mean that there's any resolution in sight.
If you've been following the Writers' Strike gripping Hollywood--and how can you not since it might be the single biggest entertainment business story of the year--or even if you're somebody who just watches TV, sickened that a strike will cut short your favorite shows like "Grey's Anatomy" or "24", you're not alone.
Jerry Seinfeld's "BeeMovie" had plenty of sting left during its second weekend, replacing "American Gangster" as the No. 1 choice for North American moviegoers.
Ok, this is not funny. I don't watch that much TV, but every January I watch "24," and every Thursday night I watch "The Office." That is, I record them, I don't actually watch them live. This way I can skip through the ads, which, I guess, is part of the problem with making money in television these days.
I just reported on Disney earnings, and once again it's double digit earnings growth for the mouse house. Disney beat analyst expectations, reporting 42 cents a share, excluding a tax benefit. It was across-the-board growth: strong performance in the media networks--operating income in the division up 23 percent--driven by ESPN and the Disney Channel, especially overseas.
I'm here at the Media and Money conference, hosted by Nielsen and Dow Jones. Michael Eisner is speaking on the future of content, and about running his investment firm, the Tornante Company. But here's what else he said. He thinks the Hollywood writers are misguided and they shouldn't have gone out on strike: "This is a stupid strike."
The Writers Guild is marching on, as it's day three of the strike. But they're not alone, as the top three Democratic presidential candidates are coming out in favor of labor. This is not the first time the party has supported workers, but one might argue Hollywood writers are the least blue collar of any guild.
I'm not a car geek, but I have to admit, there are certain models that immediately make me smile. Ford's Bullitt Mustang is one-mainly because I still say the chase scenes in Steve McQueen's movie "Bullitt" are among the best I've ever seen ("The French Connection" is another favorite).
The biggest names in media are at the Pierre Hotel in midtown Manhattan for private equity firm Quadrangle's 'Four Square' conference. The event is closed to the press but I got my hands on an agenda and am spending the afternoon outside the hotel.
Sony will release its controversial film "The Interview" online Wednesday, with $5.99 rentals available from a variety of sites.
Sony's "The Interview" will be screened in some theaters across the country starting Christmas Day.
Samsung and Sony agreed to provide the latter's PlayStation Now system on some Samsung Smart TVs in 2015.
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...