Take a look at some of Friday's midday movers:» Read More
Carl Icahn is very nice and friendly until he's not," Lionsgate Vice Chairman Michael Burns said to me about the corporate raider's move on the movie studio.
Its obvious the studios are telling their execs to pull back on expense account spending. Just look at the crowds — or rather the lack thereof — at some of LA's most popular restaurants.
People come up with all kinds of formulas to determine which way the stock market will go. Craig Forgrave says he's hit a winning formula by examining which movies do well at the box office.
Despite the pullback in consumer spending and the ever-declining stock market, Americans continue to shell out big bucks at the box office.
This week the 25th annual Sundance film festival kicks off in Park City, Utah. But thanks to the economic downturn and the fact that last year's pricey Sundance purchases bombed at the box office, this year is going to be looking a bit chilly.
Lions Gate Entertainment is the unexpected buyer of the TV Guide Network and TVGuide.com for $255 million from Macrovision Solutions. Just last month Macrovision announced it struck a deal to sell the divisions to media entrepreneur Allen Shapiro and a division of JP Morgan Chase for as much as $300 million.
The Lightning Round is extended in this CNBC.com exclusive feature.
YouTube has been working to define itself not just as a destination for home videos, but also the go-to site for professionally-created TV shows and movies.
Carl Icahn's recent increased investment in Lions Gate shares isn't the only news resulting from the company's low stock price. On October 10 the stock dipped below $6, triggering a margin call by Merrill Lynch for Vice Chairman Michael Burns, selling 672,000 shares of his stock, 49 percent of his stake in the company, recorded in a Form 4 filed on October 14.
In the entertainment industry it's almost impossible to consistently churn out profitable hits. But Tyler Perry, a writer/producer/director/actor has done it, and this weekend he's on track to continue his wining streak.
In Tuesday’s Web Extra the traders talk about trading obsolescence. Find out how they suggest playing newspapers and DVDs.
With comic-book based movies dominating multiplexes and breaking box office records, it's no surprise that Hollywood is sending its top executives and biggest stars down to ComiCon the Comic Book convention in San Diego.
Following are the day’s biggest winners and losers. Find out why shares of Quicksilver and Jabil Circuit popped while TiVo and Marriott dropped.
The theme of this year's National Cable and Telecommunications show is "Think Big." Even though this year's show in New Orleans is smaller than previous years, the theme makes sense. Cable ratings are bigger than ever, as are ad dollars, and distribution is broader than ever.
At left is an image of the press kit we received from Disneyland promoting the new Disney Pixar Toy Story Mania! attraction opening next month. We opened the box...and all we got were Mr. Potato Head's ears. Was he done in by the mob?
Hollywood is coming off a strong year at the box office, but the 80th Academy Awards ceremony on Sunday, Feb 24 will make for a merciful-- if triumphant -- end to a dreadful awards season. As for that storied Oscar box office bump, a lot depends on the individual circumstances of the films.For years, there's been talk of an Oscars box office boost, but it's generally hard to quantify and a lot depends on the individual circumstances of the films.For years, there's been talk of an Oscars box office boost, but it's generally hard to quantify and a lot depends on the individual circumstances of the films.
Japan's Toshiba waved the white flag in the home movie war, giving up on its HD DVD format after losing the support of key studios and retailers to Blu-ray technology backed by Sony.
As we lead up to Super Tuesday I've been reporting on the intersection of Hollywood and politics. Hollywood plays a key role raising awareness about issues, and candidates. (Though I wouldn't say that a Hollywood endorsement is necessarily a good thing).
I've been talking to reliable sources, and Lions Gate is about to announce an interim deal with the Writers Guild. It makes sense for a number of reasons--it allows them to produce the next season of Weeds and Mad Men and get those popular shows on air without delay.
Hollywood was hibernating and now there's finally a thaw. Thanks to the DGA making a deal with the AMPTP, the Writers Guild is in its third day of 'informal talks.' There were even more informal talks before this, but apparently these don't quite count as official just yet.