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When the studio watches the box office returns this weekend, it isn't just thinking about whether or not this film will be a theatrical hit, it will be evaluating whether "Tron" will become the kind of brand Disney can exploit across all its platforms, from action figures and video games, to a show on Disney XD, the cable channel which targets boys, to an attraction at the theme parks.
Facebook founder and CEO Mark Zuckerberg has been named Time magazine's "Person of the Year" for 2010.
Netflix, now the envy of the media world, had a lucrative contract with Starz that gave it cheap content. That deal is expiring, and rivals are gloating. The New York Times reports.
Madison Square Garden announced today that Foxwoods Resort Casino is now the exclusive advertising partner to the final five minutes of Knicks, Rangers, Islanders and Devils games on MSG and MSG Plus. The sponsorship, called The "Foxwoods Final Five" includes an in-arena buy at Madison Square Garden for Knicks and Rangers games.
The Academy of Motion Pictures Arts and Sciences is departing from tradition: it picked Anne Hathaway and James Franco to host the 2011 Oscars.
The holiday movie season may be just half as long as the summer movie season, and it gets far less attention, but day for day it's just as important — it generates 20 percent of the annual box office. With a month left to go, the pressure's on for studios to boost their Q-4 numbers. And Wall Street's watching carefully for indications of which studios have momentum going into 2011.
"Harry Potter and the Deathly Hallows: Part 1" remained the No. 1 movie with $50.3 million over Thanksgiving weekend, closely followed by the animated musical "Tangled" with $49.1 million, according to studio estimates Sunday.
As Viacom joins the growing ranks of content providers blocking access from the Google TV set-top box, there is now less and less programming to watch on the device ahead of the critical holiday season.
The book isn't quite tailored for the CNBC audience, is that it doesn't talk much about his varied businesses: running Def Jam or striking a $150 million deal with Live Nation. But if the book mirrors his music's success atop the Billboard charts, then Jay-Z stands to cash in.
Internet entrepreneur Bob Pittman has gone back to his radio roots in a new venture with Clear Channel, in which he will help extend radio brands, such as Z100 and Kiss FM, to the Internet and mobile devices.
Stocks ended higher after an initial rocky response to the Federal Reserve announcement it would buy $600 billion in long-term Treasurys the middle of next year in an effort to stimulate the economy's sluggish growth. HP and Cisco rose, while AmEx and Microsoft fell.
What follows is a roundup of corporate earnings reports for Wednesday, Nov. 3.
Stocks rose after an initial rocky response after the Federal Reserve announced it would buy $600 billion in long-term Treasurys by the end of the second quarter of 2011 in an effort to stimulate the economy's sluggish growth. HP and Cisco rose, while AmEx and Microsoft fell.
Digital distribution was front and center in Time Warner's earnings conference call and CEO Jeff Bewkes detailed the various opportunities the company sees in making its content available everywhere.
Stocks turned negative Wednesday as traders awaited news about the size and scope of the Federal Reserve's anticipated plan to buy bonds to stimulate the economy. Cisco and HP rose, while Alcoa fell.
Stock index futures pointed to a slightly higher open for Wall Street Wednesday after news the private sector added more jobs than expected, and a day after Republicans won a substantial number of seats in races nationwide, and took control of the House of Representatives.
With Election Day looming the pace of political ad spending continues to accelerate — this is sure to be a record year. Political ad spending is on track to top $3 billion; not only is that far ahead of the $2.4 billion spent during the last mid-term elections, it even exceeds the $2.7 billion spent during the 2008 presidential campaigns.
The mid-term election and the Fed's November meeting should clear away some uncertainties hanging over markets but may also lead to a new period of heightened volatility.
"Harry Potter and the Deathly Hallows- Part 1" doesn't hit theaters until November 19, but tickets are on sale and they're going fast.