The "Fast Money" traders share their final trades of the day.» Read More
Legendary Pictures has raised $1 billion plus in new financing, and extended its first-look co-producing and co-financing deal with Warner Bros. through 2012. This means that their first partnership--which they say was profitable--worked out for both parties. About a year ago all my Hollywood banker pals were talking about how the private equity money was going to start pulling out of these movie studios--it's unstable, risky, and Wall Street can get burned.
"Ratatouille" is Disney/Pixar's first joint venture since the acquisition, and the movie--and its associated merchandise -- is exactly why Disney wanted to snap up Pixar. The film's opening on Friday but I got a sneak peak at the premiere a week early, and I was seriously impressed. Call it "Cyrano de Spice Rack", it's the story of a rat who loves to cook, and befriends the garbage boy in the best restaurant in Paris, becoming his secret chef. I was really impressed.
Infosys, Disney, Monster and more...Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
"Evan Almighty" did not live up to its name at the weekend box office in North America.
There's no question that "Sicko" is impacting the national debate on health insurance--but will the movie be a box office hit? It's gotten an incredible amount of press, but as we saw with "Snakes on a Plane," media and YouTube, buzz doesn't always mean box office dollars. (A YouTube search finds 4,800 "Michael Moore" related videos--of those 2,200 come up for "Sicko.)
As the network TV upfront ad sales period comes to an end -- the numbers are surprisingly strong-- back up into the range of $9 billion in advertising revenues, by some estimates up 3% over last year. ABC and CBS are pretty much done with their upfront ad deals, with ABC snagging the biggest price increases per rating point, up 8.5% to 10%. (This means that ratings aren't necessarily up, but advertisers are paying more for lower ratings.)
So, there's this new Trojan TV commercial premiering Monday. It shows a bar filled with hot women and big fat pigs (www.trojanevolve.com). The hot women reject the men, disgusted, until one of the guys goes to the bathroom and buys a condom. He emerges as a hot guy, and the girl at the bar is thrilled to talk to him. .
Earnings news and clinical trial data were some of the catalysts behind the most actively traded stocks on Monday.
Blockbuster will rent high-definition DVDs only in the Blu-ray format in 1,450 stores when it expands its high-def offerings next month, dealing a major blow to the rival HD DVD format.
Hollywood's superhero foursome is still fantastic at the box office.
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.
Fresh back from a week off at Disneyland with the family, I'm raring to go. And I noticed something as we cruised around the park. Cell phones were ubiquitous. People using them standing online. People using them riding rides! Kids. Adults. Everyone. Not so prevalent, but still there, were portable gaming devices. Yes, if you can believe it, kids wandering around the park, or sitting on a bench, or waiting on line for a ride, playing PSPs and Nintendo DSs.
'm a cynical person. But it's hard to be cynical at Disneyland. Today I covered the relaunching of the famed submarine ride after nine years, now rechristened the Finding Nemo Submarine Voyage. I first went on this ride when I was a preschooler, so I went in knowing I would be nostalgic, but I had to keep up my journalistic guard! Still, I've gotta hand it to the Disneyland folks. They don't miss a beat.
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.
Playboy's latest venture, "Playboy Passport" a $10,000-per-year concierge service that offers access to VIP lounges, private jets, yachts, and exclusive reservations. And for those of you who are huge fans of the E! reality show "The Girls Next Door" (about Hef's matching trio of girlfriends), it looks like you might be able to actually snag access to photo shoots and Mansion parties
Union members representing about one-third of Walt Disney World's workers approved a more than three-year contract, the company and union said.
The digital revolution marches forward – the latest advance involves studios potentially releasing movies on DVD and via On-Demand at the same time. What’s the trade as new technology threatens to reshape the movie biz?
YouTube said on Sunday it has reached a revenue-sharing deal with Hearst-Argyle Television whereby local TV stations will be paid when users of the video-sharing site watch their programming.
"Pirates of the Caribbean: At World's End" led the North American box office for a second weekend, while the pregnancy comedy "Knocked Up" opened at a distant No. 2 with better-than-expected sales.
Our guys (and gal) are good - but you knew that! Sometimes their picks are truly quicker than the ticker. Find out which ones really paid off.