No matter how hard Sam Johnson presses down on the spider, the creature known as Sparratus stays together. It was not always so. The FT reports.» Read More
Jerry Seinfeld's "BeeMovie" had plenty of sting left during its second weekend, replacing "American Gangster" as the No. 1 choice for North American moviegoers.
Could it be a "black-and-blue" Friday for Blu-ray? There are rumblings about a big announcement coming from Wal-Mart that could give a big boost to HD-DVD. I'm hearing that the company will begin selling the Toshiba HD-A2 for $98 in a special one-day, in-store secret sale. The unit sells for $198 at Circuit City and Amazon, so this is a steep discount.
Malibu is so beautiful, and so far from the grind of LA traffic, it's a natural fit for Hollywood moguls and celebrities who want peace and quiet on their private beach, and the ritziness of the local Malibu Country Mart, which of course is home to a Nobu sushi restaurant. The dozens of high powered Hollywood honchos and are now suffering from the terrible wildfires.
Ben Stiller's new comedy "The Heartbreak Kid" barely registered a pulse at the weekend box office in North America, in a badly timed setback for its underappreciated studio DreamWorks.
I love these Hollywood showdowns. Media moguls know how to slap each other in the face more publicly than perhaps any other group. Steven Spielberg, Jeffrey Katzenberg, and David Geffen, just gave Viacom's top brass one of those slaps.
Viacom CEO Philippe Dauman had a point to make to investors at a media conference this week. Dauman said that losing star producers and DreamWorks chiefs Steven Spielberg and David Geffen would be "completely immaterial" to Paramount and Viacom.
Instead of panicking, investors should look for ways to weather--and yes, profit from--the expected economic slowdown.
After Michael Bay declared on his blog that he was refusing to direct "Transformers 2" because he was so upset about Paramount ditching the Blu-ray format to be exclusive to HD DVD, Bay has changed his tune. He followed it up with a post saying he'd overreacted, had been convinced by some Blu-ray fans. He says he was convinced to support HD because he learned that HD had cheaper players--around that $200 magic number.
Another battle in the very long war. For years Sony's Blu-ray has been battling with Microsoft and Toshiba-backed HD DVD. And everyone--the studios, the disc and player manufacturers, and consumers--is just dying for one format to emerge victorious and the other format to fall the way of the BetaMax. HD DVD just scored an unexpected win, after Blu-ray had taken the lead. DreamWorks Animation and Viacom's Paramount (including DreamWorks Studio) just committed to releasing their films...
DreamWorks SKG couldn't have gotten off the ground more than a decade ago if it weren't for Paul Allen's $500 million investment. Perhaps his work is done--now he's selling $150 million of DreamWorks Animation stock back to the company, and doing a secondary offering to sell an additional 10 million shares to the public.
Earnings news and analyst revisions were some of the catalysts behind the most actively traded stocks on Wednesday.
Shares of DreamWorks Animation SKG, the animation film studio behind "Shrek," rose on Friday after an analyst began coverage of the company with a "Buy" rating, predicting gains from upcoming films
Everyone's talking about the New York Times piece on Creative Artists Agency losing Hasbro. Now everyone's wondering if CAA's trying to do too much for too many. CAA has said its going for 100% market share. But does that really make sense in an industry where you don't want to be represented by the same company as your competitor is.
"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.
"Pirates of the Caribbean: At World's End" hauled in $142.1 million to commandeer the record for best four-day Memorial Day weekend debut, capping a huge month that puts Hollywood on track for record summer business.
Star Wars explodes on the scene, and in the process, spawns Industrial Light & Magic's technology and special effects revolution. Just like a star exploding and giving birth to a solar system, Star Wars gave birth to the effects that have now appeared in more than 250 Hollywood blockbusters. Everything from Howard the Duck to Twister, Jurassic Park, Terminator, and Pirates of the Caribbean.
The summer movie season kicks off with Walt Disney’s Pirates of the Caribbean: At World’s End. Disney’s third installment of Pirates comes after box office records were recently set by the Shrek and Spider-Man sequels. David Brain, CEO of Entertainment Properties Trust, joined CNBC’s Erin Burnett on “Squawk on the Street” to explain how he’s profiting from the big screen.
The Cannes Film Festival is about halfway through, and it's not just about starlets and red carpets -- real business gets done. Cannes is where American filmmakers go to meet with buyers from "foreign properties" to sell their international distribution rights. Often, independent filmmakers will sell foreign rights before the film is made, to finance production -- selling on the strength of the stars and the concept.
The guys go behind the headlines and give you their take on... AIG's technical double top... speculation that OXPS is a takeover target ... and more. Find out where they see fast money.
"Shrek the Third" took in $122 million in its first weekend, breaking the franchise's own record for best debut ever for an animated film, according to studio estimates Sunday. The latest adventure of the ogre shot past 2004's "Shrek 2," the previous record-holder for animated openings with $108 million.