News Corp is seriously evaluating a move that would transform the digital news business. Sources close to the company tell me that CEO Rupert Murdoch is considering creating a new purely digital news venture and would be available through subscription on devices like the iPad.
The message from media and tech companies is clear: advertising is back in a big way. This week both Sir Martin Sorrell, CEO of WPP and Disney CEO Bob Iger told CNBC that the ad market has improved from last year and continues to improve. We've seen that demonstrated in results from a diverse group of industry players, from tech giants to newspapers.
As the fourth season of the AMC series “Mad Men” kicks off, some of the show’s fans are gearing up to play another round of a peculiar language game: trying to spot flaws in the meticulously constructed dialogue portraying 1960s Madison Avenue.
The stocks that make this list are there for good reason – and it’s not uncommon for them to keep going higher.
Fresh off its $4.2-billion acquisition of Marvel, Walt Disney has a lot riding on this year's trip to the Comic-Con International Convention. Although the acquisition brought perennial favorites like Iron Man and Spider-Man into its fold, one of Disney's biggest bets this year is on "Tron: Legacy," which will hit movie theaters in December.
Hugh Hefner wants to “reinvigorate the brand” he created by taking Playboy Enterprises private.
A key sign of relief for the struggling magazine industry: monthly ad sales for August magazines jumped 10 percent. Media Industry Newsletter just reported this jump in ad pages at monthly magazines — the first month of 10 percent year-over-year growth in nearly six years.
The Allen & Company Sun Valley Conference is the biggest annual gathering of media moguls. See some of this year's Sun Valley power players.
This has been a difficult few quarters for Adobe. Not financially, but technically. At least if you believe the folks at Apple, particularly Steve Jobs who put a very public face on what he says are Adobe's severe technical shortcomings when it comes to Flash.
Disney/Pixar's "Toy Story 3" blew past expectations and brought in $109 million at the US box office. Sixty percent of the movie's gross was from 3-D screens, which charge $3 more, on average, per ticket. The question is, what impact will this movie really have on Disney and other studios?
Blockbuster is trying to stave off bankruptcy, as the movie rental company faces a debt load of $930 million. Today I spoke exclusively with CEO Jim Keyes on his plans to keep the company afloat.
Video game makers love their core audience — men 18 to 40 who obsessively follow, buy, and play violent action games — but it's a finite one. Now game makers are looking much broader, to women and kids. The consoles are already in millions of Americans living rooms: now software makers just need to convince other members of gamers' families to spend on game software.
As Microsoft, Sony and Nintendo promote their upcoming hardware innovations, a burgeoning company called OnLive sits on the show floor of the video game industry’s trade show, sending out the message that dedicated game machines could be a thing of the past.
After a disappointing Memorial Day weekend, Hollywood is still waiting for hit movies to energize ticket sales and box office receipts, reports NYT.
Sources tell me that ABC has finished its final upfront ad deals, and has secured 8 percent to 9 percent ad rates over last year. I don't have any details on the percentage volume increases ABC secured, but Disney's network has certainly sold closer to 80 percent of its inventory than the 65 or 70 percent the networks sold on average last year.
Cramer makes the call on viewers' favorite stocks.
Advertising industry insiders tell me that Fox should wrap up its ad sales today and all the networks could complete their Upfront sales in a week. That's weeks earlier than the July 4 date expected, and months earlier than last year.
Hollywood's strong box office run so far this year came to a screeching halt Memorial Day weekend, as movies' theatrical performance fell off a cliff.
The huge expectations for "Sex & The City 2" are truly a testament to the power of the female consumer. And that means a range of consumer product companies are waiting to cash in on the film's debut this weekend.
Insider trading allegations have hit The Walt Disney Company. But the real story hidden within the SEC criminal complaint was the inclusion of an email about Disney's possible sale of ABC.