HONG KONG— Imax and China's biggest state-owned film exhibitor are teaming up to open 19 giant screen cinemas in the world's No. 2 movie market. Imax Corp. and Shanghai Film Corp. said Tuesday that a "significant number" of the theaters will open before the end of 2015..» Read More
Disney reports that it continues to support the struggling Hong Kong Disneyland. Well, now we may know one reason why it's struggling. Just as every Disney movie going back to "Steamboat Willie" probably has been pirated in China, China now has a state-owned amusement park that recently included a mouse character, a woman with black hair surrounded by seven... elves... and pirate music. Not pirated music (well, maybe it was), but pirate music.
Summit Entertainment, a new studio launched two weeks ago with $1 billion in financing led by Merrill Lynch, just unveiled its slate of new development projects -- nine that will go into production this year -- with two films going into production this summer. The plan is to release ten to 12 films a year through its domestic pipeline, and they're not wasting any time.
Will Murdoch convince the Bancroft Family to sell Dow Jones? Will he sweeten his already oh-so-sweet $5 billion offer for the Wall Street Journal's parent?There's no better place to find the future than in the past -- in News Corp's case, fiscal third-quarter earnings. Net income increased 6.2%, led by the movie division whose revenues grew a whopping 82% to $410 million, a record for the quarter.
We have an earnings video news report by CNBC/Wall Street Journal Editor Bob O'Brien. Bob looked at three companies--Disney, CVS Caremark and Molson-Coors. Disney reports after the bell today and CVS has already reported. Molson has yet to.
Fox tells us it's developing a sequel to "Wall Street," and published reports say Michael Douglas will reprise his role as the villainous Gordon Gekko. The first movie didn't do that well at the box office back in 1987 ($48 million worldwide), but the REAL Wall Street loved it. Traders still quote dialogue: "If you need a friend, get a dog."
David Bank, managing director at RBC Capital Markets, told CNBC’s “Squawk Box” that the real money from “Spiderman 3” will be made in DVD sales and toys.
There's way too much to talk about today, but I'm leading it off with the Jim Stewart 400 because I think the folks at Diageo have been shortchanged because of the fight and the Derby -- and maybe even the Mavericks getting schooled.If you haven't heard about it, the NASCAR Nextel Cup race this weekend is actually named after a fan. The folks at Diageo, who bought the race for their Crown Royal brand, had an essay contest in which 15,000 fans wrote in their favorite life moment worthy of toasting with the drink.
"Spider-Man 3" is breaking records, and it hasn't even opened in the U.S. yet; it premiered in Tokyo in April, and opened in 16 Asian and European countries on Tuesday, bringing in $29 million dollars on its first day alone.Throughout Asia, the film opened bigger than the first and second films in the series; in some countries, it out-grossed the combined opening day of Spidey 1 and 2. And in some countries, the movie broke records for the biggest single-grossing day ever.
Movie theater operator AMC Entertainment, subsidiary of Marquee Holdings, announced on Thursday that it is suspending its initial public offering due to adverse market conditions.
Time for today's trivia questions. Here they are. The video question is worth $2,000 Bonus Bucks: The Royal Bank of Australia has decided to keep interest rates on hold at what percent? Your selection of answers is: 6.0% or 6.25% or 5.25% or 5.75%. And the news question is worth $1,000 Bonus Bucks: Blockbuster sold its UK video game retailer, Game Station, for how much? Your selection of answers is: $250 million or $150 million or $200 million or $100 million.
"Spider-Man 3" smashed box office records across eight Asian markets Tuesday, as the superhero sequel got a head start on the rest of the world, the film's distributor said.
The Tribeca Film Festival has arrived and is now a destination of the rich and famous.
The beginning of the second quarter of 2007 had a slow start at the box office. The first five weeks of Q2 were down 7.2% from the same period a year ago. But this week, all of that will change with "Spider-Man 3" opening on a whopping 4,000 screens on Friday, starting with some midnight screenings Thursday night.
Danny DeVito is branding his own limoncello, the same liqueur he says he pounded down with George Clooney before an erratic appearance on ABC's "The View." Harbrew Imports says Danny Devito's Premium Limoncello Liqueur "is a perfect balance between tart and sweet."
The teen thriller "Disturbia" led the North American box office for a third weekend, as another slew of lowly new releases tried to get a toehold before next Friday's release of "Spider-Man 3," the first big film of the lucrative summer moviegoing season.
Jack Valenti, a former presidential aide who became Hollywood's emissary to Washington and developer of the U.S. movie rating system, died on Thursday at age 85.
The face of Hannibal Lecter was no match for Shia LaBeouf in a box-office battle of murder thrillers.
Champion poker player Chris Moneymaker widens his lead in first place to more than $150K with the sale of Adtran which was up 6.16% Tuesday--as actor Willie Garson lost over $20k on Seagate Technology--which was down 1.73% Tuesday. And actor Stephen Collins decided to take time off from his acting career--to make more buys and sells than everyone on Wall Street (I'm making this last sentence up--but as you will see, it's not that far off!).
Someone has made a movie about comb-overs. Not only has someone made a movie about comb-overs, someone found a cable channel willing to air it. This is what happens when you have five million cable channels all needing to fill time. This is why you have 250 channels on your TV, but you only watch 12. In any case, the Sundance Channel is airing "Combover: The Movie," by Denver producer Chris Marino. Yes, there are shots of Donald Trump in it.
Events involving climbing walls and crawling in mud now are said to be bigger than marathons and half-marathons
Time Warner's board moved to bar shareholders from calling meetings, throwing up a hurdle to any quick approval of a takeover.
Netflix reported slightly lower-than-expected earnings while revenue was in line with estimates, thanks user growth.
But at Verizon Communications, "wireless margins came under just a bit of pressure," a top analyst tells CNBC.
July 22- Newspaper and broadcast company Gannett Co reported higher revenue and earnings on Tuesday, benefiting from its acquisition of Belo's TV stations.
Netflix CEO Reed Hastings discussed the global demand for on-demand content in the company's Q2 earnings call, with CNBC's Julia Boorstin.