Securing the rights to first-run Disney movies starting in 2016 is a big deal for Netflix — it sent Netflix shares soaring. It's the first time the streaming video service has acquired the rights to a major studio films in the 'premium TV' window, beating HBO, Showtime and Starz.
Netflix shares skyrocketed on Tuesday after the streaming video service announced it scored an exclusive deal with Disney.
"Twilight" sucked more money out of theaters over the weekend with $17.4 million in U.S. and Canadian ticket sales.
Nov 1- DreamWorks Animation SKG Inc's third-quarter results beat analysts' estimates, riding t he international box office success of `` Madagascar 3: Europe's Most Wanted''. The company said Madagascar 3, which released in June, raked in nearly $720 million worldwide, of which 70 percent was from international markets.
Nov 1- DreamWorks Animation SKG Inc's third-quarter results beat analysts' estimates, riding t he international box office success of `` Madagascar 3: Europe's Most Wanted''. DreamWorks' last movie for 2012, ``Rise of the Guardians'', featuring the voices of Alec Baldwin, Hugh Jackman and Jude Law among others, will release on Nov. 21 in the United States.
Nov 1- DreamWorks Animation SKG Inc posted a higher quarterly profit, helped by the success of its latest movie `` Madagascar 3: Europe's Most Wanted'' in international markets. Net income rose to $24.4 million, or 29 cents per share, in the third quarter, from $19.7 million, or 23 cents per share, a year earlier. Revenue rose 16 percent to $186.3 million.
LOS ANGELES-- The founders of the studio behind "Shrek," "Madagascar" and "Kung Fu Panda" are donating $90 million to a Hollywood charity that offers support to seniors and health services for members of the entertainment industry.
"Young audiences are exercising an influence on what gets made way out of proportion to their numbers in the population," writes the author who examines what's happening to the movies.
Oct 1- DreamWorks Animation SKG Inc:. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
Take a look at some of Monday’s morning movers:
Cramer makes the call on viewers' favorite stocks.
President Barack Obama says Joe Biden got "a little bit over his skis" in publicly embracing gay marriage, forcing Obama to speed up his own plans to announce his historic support for same-sex marriage.
Check out which companies are making headlines after-the-bell Wednesday:
Armed with better-than-expected corporate profits, bulls will grapple with potentially bearish economic and European news this week.
The White House Correspondents Association dinner guest list includes just six people who could be said to be in business, out of more than 120 known guests. Of those, at least three have reasons to be invited other than their business acumen.
Lions Gate Entertainment is more than just "The Hunger Games" — it's four films based on the three books of the teen dystopian saga, Piper Jaffray analyst James Marsh told CNBC Monday.
The Hunger Games doesn't open nationwide until Friday but already the move is white hot. Does that mean these related stocks are about to catch fire, too?
Take a look at some of Wednesday morning's early movers:
The film production company reported a sharp drop in earnings that was even worse than expected. Shares fell in after-hours trading.
U.S. stock index futures erased their early gains to nudge into negative territory Tuesday following a handful of disappointing economic reports.