According to Dow Jones citing sources familiar, Roku is working on a confidential IPO. CNBC's Dominic Chu has the details.» Read More
The tables have turned. Over the past couple of years I've been to a number of pharmaceutical industry related and drug company events--where the security and paranoia have been noticeably increased over what I referred to as "The Michael Moore Effect". Ever since it became known that the documentary filmmaker was setting his sites on healthcare the companies I cover have been on heightened alert. But, at least for now, I think they can let their guard down.
Hollywood's superhero foursome is still fantastic at the box office.
Merrill Lynch reported that Fox (owned by News Corp) is gearing up to launch its business channel in the fall with 30-million plus subscriptions. This could be the largest cable network launch ever, but it's certainly taken them long enough, Fox has been trying to get subscription access for years. And it won't come cheap-- start up costs are estimated to be about $200 million, with News Corp expecting the division to break even by its fourth year. But it sounds like Fox Business Channel won't be anything like CNBC (GE is parent company.)
The Academy of Motion Pictures Arts and Sciences just approved some new rules for the 80th Academy Awards. The most notable change is a rule that states that nominees for Best Picture can only be "three or fewer producers who have performed the major portion of the producing functions." The board approved the potential for exceptions to that limit, but it definitely sends a message about disputes over who claims awards to films like 'Crash' from Yari Films.
On Friday I poked some fun at Shirley Jones for sending out a press release when Florence Henderson reportedly called her a nasty name. Well, I got an earful on the phone from Jones’ husband, comedian Marty Ingels, who wanted to know if I’d be willing to print a rebuttal. I said, “Absolutely! Every word!” Oops! Last night in the ol’ email inbox I got a four-page scanned hand-written letter from Ingels. Here it is, the whole thing...
Blockbuster is offering lower-priced plans for online movie rentals as it competes with Netflix in a market that some analysts believe could grow more than 40% this year.
Yes, Alzheimer's is everywhere. And I'm not referring to the new study that forecasts that the number of people worldwide with Alzheimer's Disease will quadruple between now and 2050 to more than 100 million cases. Staggering, sobering, daunting, scary. No, I'm referring to the sudden critical mass of media coverage of the disease.
Have you failed enough to really succeed? Go back and re-read that question... Have you failed enough to really succeed? Of course, you always hear about the success stories, but what you don't always hear about are the stumbles that an entrepreneur, or artist -- or anyone -- makes before they finally make it big. I write in my book, you cannot be afraid to fail, else you have already failed. For Judd Apatow, his career is a lesson in this "failure" formula.
Everyone's talking about the New York Times piece on Creative Artists Agency losing Hasbro. Now everyone's wondering if CAA's trying to do too much for too many. CAA has said its going for 100% market share. But does that really make sense in an industry where you don't want to be represented by the same company as your competitor is.
The all-star caper film "Ocean's Thirteen" made off with $37.1 million in ticket sales during its opening weekend to steal the No. 1 spot at the North American box office, according to studio estimates on Sunday.
Apple is in advanced talks with Hollywood’s largest movie studios about launching an online film rental service to challenge cable and satellite TV operators, the Financial Times reports.
"Pirates of the Caribbean: At World's End" hauled in $142.1 million to commandeer the record for best four-day Memorial Day weekend debut, capping a huge month that puts Hollywood on track for record summer business.
We finally made it down to the giant Star Wars Celebration that is being held at the Los Angeles Convention Center through the rest of Memorial Day Weekend.More than 40,000 fans are expected and this is the show of shows for the movie of all movies: the $20 billion "Star Wars" franchise.Our evening show "On the Money" decided to devote the last 40 minutes of the program tonight to recapping CNBC's special, weeklong coverage of "Star Wars." And what a blast!
"Pirates of the Caribbean: At World's End" has already brought in 58 million dollars internationally. The film opened on Wednesday in many overseas countries and Thursday night in the U.S., putting it on track for strong numbers over the long holiday weekend. Seventeen million dollars of that comes from domestic theaters Thursday night, and that number will even bigger after Friday night and the remainder of the holiday weekend.
Thirty years on, the movie franchise gets high marks for mythic originality, special effects and a huge return on investment. Oh yeah, it's also a one-of-a kind cultural phenomenon.
Star Wars explodes on the scene, and in the process, spawns Industrial Light & Magic's technology and special effects revolution. Just like a star exploding and giving birth to a solar system, Star Wars gave birth to the effects that have now appeared in more than 250 Hollywood blockbusters. Everything from Howard the Duck to Twister, Jurassic Park, Terminator, and Pirates of the Caribbean.
Steve Sansweet isn't your average, everyday Star Wars fan. He's more like your very un-average, Star Wars FAN-atic. And his personal collection of Star Wars memorabilia is unlike any collection in the world. That's because it's the world's biggest. He hosted a CNBC crew a few weeks ago for a rare tour of his private, backyard museum...
The summer movie season kicks off with Walt Disney’s Pirates of the Caribbean: At World’s End. Disney’s third installment of Pirates comes after box office records were recently set by the Shrek and Spider-Man sequels. David Brain, CEO of Entertainment Properties Trust, joined CNBC’s Erin Burnett on “Squawk on the Street” to explain how he’s profiting from the big screen.
The Cannes Film Festival is about halfway through, and it's not just about starlets and red carpets -- real business gets done. Cannes is where American filmmakers go to meet with buyers from "foreign properties" to sell their international distribution rights. Often, independent filmmakers will sell foreign rights before the film is made, to finance production -- selling on the strength of the stars and the concept.
How goes the battle against Chinese intellectual piracy? John Taylor, Hoover Institute fellow and former Treasury department undersecretary, joined James Bacchus, chairman of the global trade practice group at Greenberg Traurig, to reassure "Power Lunch" viewers that "we're making progress as we speak."
According to Dow Jones citing sources familiar, Roku is working on a confidential IPO. CNBC's Dominic Chu has the details.
AMC paid $200 million for a 49.9 percent stake in BBC America.
Oct 23- A New York federal judge on Thursday officially barred embattled video streaming company Aereo, Inc from transmitting the programs of television broadcasters as they are being shown. The Supreme Court ruled on June 25 that the company had infringed broadcasters' copyrights by capturing live and recorded programs through antennas and transmitting...