Media pundit Michael Wolff says there isn't any real contest between digital and broadcast, because old media has already bested new media.» Read More
CBS stock has been beaten down over the past year--down some 30 percent. But today the stock is up on the company's better than expected quarterly results. And good news for shareholders, CBS spacer raised its quarterly dividend from 25 cents per share to 27 cents per share.
When I read the New York Times article late Sunday night about Disney star Miley Cyrus revealing Annie Lebowitz photos, I thought uh oh, and immediately went to the Vanity Fair website to click through the 18-photo spread and read the article.
While Walt Disney plays damage control over the near-topless photos of Miley Cyrus, the hugely popular teen star of its lucrative "Hannah Montana" multi-media franchise, most analysts say the event is more likely to boost the bottom line than hurt it.
Starbucks CEO Howard Schultz is trying to get Starbucks focused on coffee--which means the entertainment business it's been building up over the past four years is now due to be pared down. Late Wednesday Starbucks unveiled weaker-than-expected estimates for its fiscal second quarter and year -- sending Starbucks shares down a whopping ten percent Thursday.
How to spend a tax rebate? Fake Jane finds a way.
Tribeca Film Festival in Lower Manhattan kicked off Wednesday night with the premiere of Universal Pictures "Baby Mama," staring Saturday Night Live comediennes Tina Fey and Amy Poehler. This year the movie studios have 62 comedies scheduled for wide release, up from 52 wide-release comedies last year. The economy may be suffering, but Hollywood is bullish on comedies...
The seventh annual Tribeca Film Festival kicked off Wednesday morning, with a big press conference at which New York Governor David Patterson announced that he signed a bill increasing New York State tax credits for TV and movie production from 10 to 30 percent.
Earth Day: And there is no athlete more perfect for this day for Steve Nash. The guy has endorsement deals with Arizona Power Company, Canadian Company BC Hydro (a hydroelectric utility), Energy Innovations (renewable energy) and drives a Lexus Hybrid! He also has a big endorsement deal with Nike -- which today is re-releasing Steve Nash's Trash Talk shoe in limited quantities.
Former University of Tennessee standout and WNBA top draft pick Candace Parker has signed her first two endorsement deals, CNBC has learned.
Ever since media mogul Sumner Redstone split Viacom and CBS into two separate companies (he's chairman of both), they've become increasingly competitive. And just this Sunday, Viacom's Paramount Pictures studio said it's no longer going to distribute movies to CBS' Showtime.
NBC Universal Digital Studio relaunched on Thursday and now it's focusing on branded made-for-the-web content. It already has projects and sponsors in the works. The digital studio is teaming up with a division of ad giant Omnicom, OMG Digital, to create episodic content around certain products for distribution online.
It seems like everything looks better with a 3rd dimension so why not watch TV in 3D if you can? Well, you'll be able to soon. The NAB conference hall was abuzz about 3-D: the new 3-D cameras from Sony called the F23 and F35 (names that sound like fighter planes).
If you don’t watch “American Idol,” move on. The other 30 million of you—let’s dish. Here are my thoughts on last night’s show. Email me yours and I’ll post them. The audience is still booing the departure of Michael Johns, or maybe they're still booing Ryan for cruelly leaving the Aussie hanging a few moments last week.
Who says broadcasting is all about TV? One of the hot topics at the National Association of Broadcasters convention is broadcasting to your mobile phone. Media companies are eager to get their content onto your phone--to allow you to channel surf, and take in commercials, just like you're sitting in your living room
Thursday the government wrapped up its prosecution of sleuth-to-the-stars Anthony Pellicano, and today the defense starts calling witnesses. For years Pellicano listened in on the controversial conversations of Hollywood's rich and famous.
Gregory Greenway of Brew City Mortgage (LOVE that name), sent me his new lyrics for the Manilow hit "I Write the Songs," called "I Closed the Loans":
Anthony Pellicano's trial for wiretapping and fraud is the largest of its kind. And certainly the most dramatic when it comes to Hollywood--implicating the biggest names in the biz from movie stars to top entertainment industry lawyers and executives.
When Disney unveils movies, it's not just revealing what it expects to provide a revenue pop, it's giving insight into what brands could become profit engines moving forward. So, Disney has unveiled its 4-year animation slate and Pixar has announced their animation lineup through 2012.
George Clooney's "Leatherheads" failed to make a touchdown at the weekend box office, losing the top spot to reigning champ "21." The estimated score: Leatherheads--$13.5 million, 21--$15.1 million.
Disney has shown that its strategy of inexpensively building a franchise on its Disney Channel to exploit across all platforms is pure gold. The company did it with "High School Musical," the runaway hit made-for-Disney Channel TV movie.
Which is more likely to win the TV battle: CBS or Netflix? One observer already thinks the former has beaten the latter.
PARIS, July 3- French media group Vivendi pushed out Canal Plus chief Rodolphe Belmer amid controversy about the future of the pay-TV channel and its prominent satirical puppet show "Les Guignols". Canal Plus parent company Vivendi said in a statement on Friday it had named Canal Plus head of pay-TV Maxime Saada as new Canal Plus chief executive and appointed...
MEXICO CITY, July 2- Mexico's telecoms regulator said on Thursday that a new tender process for digital TV channels will begin in the last quarter of 2015, and the winner will be announced in the first half of 2016.. The step comes after the regulator in April revoked the awarding of a new TV network to media group Grupo Radio Centro, which failed to pay the sum...