Jan 29- Viacom Inc, owner of movie studio Paramount Pictures Corp and cable network Nickelodeon, reported lower-than-expected quarterly revenue as weak U.S. advertising spending more than offset the box-office success of "Interstellar". Barclays analyst Kannan Venkateshwar had forecast a 0.2 percent drop in advertising across cable networks in the...» Read More
For decades, TV ad time has been sold the very same way: In May, the networks present their new pilots to advertisers, who buy "upfront" ad time, months in advance of the new TV season. And the new TV season always started in the fall, because that's when car advertisers wanted to push their new products.
If you haven't seen the video circulating the web showing Tom Cruise talking about Scientology, well, it's still on YouTube, despite reported efforts by the church to have it taken down:
I've been talking to reliable sources, and Lions Gate is about to announce an interim deal with the Writers Guild. It makes sense for a number of reasons--it allows them to produce the next season of Weeds and Mad Men and get those popular shows on air without delay.
Hollywood was hibernating and now there's finally a thaw. Thanks to the DGA making a deal with the AMPTP, the Writers Guild is in its third day of 'informal talks.' There were even more informal talks before this, but apparently these don't quite count as official just yet.
Striking Hollywood writers will meet face to face with studio executives this week for the first time since their contract talks collapsed on Dec. 7, the two sides said Tuesday.
Here's hoping that the writers and producers made some progress over the long holiday weekend. Much of Hollywood is here in Park City at the Sundance film festival, where I've been since Thursday. But one person, one of the most powerful men in Hollywood, is notably absent--super agent Bryan Lourd, co-chairman of talent agency giant, CAA (Creative Artists Agency).
A front row ticket at a U2 concert can easily run you hundreds of dollars. But starting tomorrow night, with a movie premiering here at Sundance, you'll be able to get a front row view for the cost of a movie ticket. A ticket to "U2-3D," the first ever digital live action 3D film, shot over months of the band touring in South America.
I'm here in Park City at the Wasach Brew pub at the top of Main Street, where CNBC has set up a mini studio of sorts. All the d-girls and boys (that's Hollywood-speak for "development executives") are running around in their furry boots and jeans looking to find the next big director among the four films they see a day.
News crossed the wires last night: The DGA just announced it's made a tentative deal with the producers associations, the AMPTP. They've been in meetings since last Monday and it seemed clear they wanted to find a compromise. Though the DGA's contract doesn't expire until June 30, they wanted to get negotiations moving and everyone back to work.
If you have a high definition DVD player you surely spent hours trying to figure out whether to buy HD DVD or Blu-ray. Or maybe like me you don't have a player to go with your HD TV because it was too confusing and the fear of being left with a Beta player too high.
"American Idol" returns to the airwaves tonight, kicking off its seventh season. Though dropping viewership numbers last year raised concerns about the future health of the franchise, thanks to the writers' strike eliminating most of the competition, Idol is expected to be more popular and more profitable than ever.
Good news for those who want their scripted TV shows back on air: The Directors Guild met all weekend long with the Producers Association, the AMPTP, and it sounds like they might be pretty close to a finding a compromise, which could prompt the writers to make a deal.
The industry is at the technological and financial crossroads. With high definition TV here to stay, porn distributors and producers have to decide whether to adopt an expensive and potentially embarrassing new technology that promises to squeeze already shrinking profit margins.
The Friday before the Golden Globes awards show Los Angeles is usually hopping: limos ferrying celebs to gifting suites and restaurants packed with eager stars and their reassuring agents and publicists. But this year, it's pretty dead and you'll have no problem getting a dinner reservation Saturday night.
Do I have your attention? Here's my video on why the adult video industry is keeping America great!! Really you say? Take a look.
Economic concerns are making Wall Street nervous about the media sector. Today analysts at Goldman Sachs and Sanford Bernstein issued negative reports on the broad media sector. GS's Anthony Noto reduced estimates across communications, media and entertainment sectors.
Yet another sign of the convergence of content and technology: For the first time, a cable company CEO made a keynote speech at CES. This morning, Comcast spacer chief Brian Roberts announced a new strategy, calling it Comcast 3.0.
Here at CES mega digital distribution deals are making headlines. Back in LA, the big news is still the writers strike--and surprise, the big news in both Las Vegas and Los Angeles are totally entwined. The writers are striking to get a bigger chunk of the revenue from the very digital deals announced at CES.
CES is all about gadgets, but this year more than ever it's about getting CONTENT on those gadgets. What's the point of a gorgeous huge, super skinny high def TV, if not to watch high def movies at the touch of your fingertips. And all these fancy mobile devices, aren't they all just means to watch clear video on that tiny screen?
Nicolas Cage's "National Treasure" sequel was the top draw at North American movie theaters for a third consecutive weekend, while a pregnant schoolgirl delivered another healthy box-office bundle.
Companies can now hedge against their celebrity endorser's scandals and mishaps.
Taylor Swift Inc. takes a new turn this week, and instead of hacking, she's now putting copyright on her favorite lyrics.
Nickelodeon on Thursday said it plans to launch a direct-to-consumer subscription service, Dow Jones reported, citing Viacom CEO Philippe Dauman.
Randall Bacon gets paid to be the stunt double for Seahawks Quarterback Russell Wilson in commercials
Dish has technology that lets customers completely skip ads. For the Super Bowl, though, it's letting them skip the game.
HONG KONG, Jan 28- China's Hunan TV& Broadcast Intermediary Co Ltd has agreed a deal with U.S. studio Lions Gate Entertainment Corp that will see the two firms invest a combined $1.5 billion in film making, marking the latest inroad by a Chinese firm into Hollywood. Lions Gate, known for producing movies such as "The Hunger Games", and Hunan TV plan to invest the $1.5...