Mario Gabelli, Gamco Investors CEO, shares his thoughts on the future of media. » Read More
Several factors have fundamentally disrupted the economic and power dynamic of the traditionally studio dominated entertainment industry.
THE business deal from hell began to crumble even before the Champagne corks were popped. The $580 million sale of Dragon Systems had just been approved by its board and congratulations were being exchanged. But there was a sense that something was amiss, the New York Times reports.
Another month, another slew of bad numbers for the traditional videogame industry as consumers shift to mobile and social games.
Companies with unfinished deals or problematic headlines have avoided the conference, usually a hotbed of affable networking among heavy-hitters.
Netflix stock has tumbled more than 70 percent in the past year since killing its hybrid subscription plan and jacking up prices for DVD and video access. With streaming costs and competition on the rise, can Netflix stay on top?
Now, as Nintendo's next generation console system prepares to launch later this year and the handheld 3DS device starts to get its legs under it, it's hoping to get back to black.
As Nintendo prepares to launch its latest videogame console this holiday season – and Microsoft and Sony continue to prep theirs for an expected 2013 launch – a new competitor for the living room is threatening to steal their thunder.
While the Independence Day holiday is over, the media and tech industry is readying its own brand of fireworks as a veritable who's who of executives and up-and-comers descend on a tiny town in Idaho for Allen & Company's idyllic Sun Valley Conference.
The video game industry will roll out some of its biggest guns next year — and the expected launch of new console systems from Microsoft and Sony could make a big year even bigger.
Samsung Electronics has emerged as the most valued brand by consumers in Asia, ending a four-year reign by Japanese competitor Sony and ahead of close rival Apple, according to a survey by research firm Nielsen and media magazine Campaign Asia-Pacific.
Take a look at some of Friday's midday movers:
Take a look at some of Wednesday’s morning movers:
Brave’s Princess Merida joins Disney’s panoply of princesses, a brand which has generated over four billion dollars in global retail sales.
Japanese game maker Nintendo has upgraded its 3DS handheld to sport a screen nearly twice as big as the previous model amid hot competition against smartphones and tablets that are wooing people away from dedicated gaming machines.
'Draw Something,' Zynga's popular 'Pictionary'-style mobile app, has been optioned by CBS to be made into a game show. Ryan Seacrest has signed on to help produce the 'Draw Something' TV project, which will feature teams competing in front of a live audience, The Christian Science Monitor reports.
Pandora shares were off more than 6 percent earlier today, now down over 3 percent on news of a new rival from Spotify. The streaming music service is launching a new web radio service for mobile devices, which takes direct aim at Pandora’s business model.
Nintendo and Sony took pains to avoid mentioning their next generation console systems at this year's E3 videogame conference. But their publishing partners had plenty to say about what gamers can expect in 2013.
Zynga will participate in E3 for the first time. But instead of using the media-saturated event to showcase its titles, Zynga's there with another goal in mind: capturing the eye of some of the industry's best talent.
Here at E3, Take-Two announced a number of new mobile games, including a number built on Nickelodeon brands. The idea is to go wherever consumers are, and Take-Two doesn't care if they're on their smart-phones or consoles.
With the proliferation of low cost or free video games all over the Internet, how will Sony, the maker of Playstation, compete?