If you were negative on the market, Wednesday’s price action probably blew you out of the water. Now what?» Read More
Jack Nicholson and Morgan Freeman narrowly took the No. 1 spot at the weekend box office in North America with their comedy "The Bucket List," according to studio estimates issued Sunday.
The industry is at the technological and financial crossroads. With high definition TV here to stay, porn distributors and producers have to decide whether to adopt an expensive and potentially embarrassing new technology that promises to squeeze already shrinking profit margins.
Economic concerns are making Wall Street nervous about the media sector. Today analysts at Goldman Sachs and Sanford Bernstein issued negative reports on the broad media sector. GS's Anthony Noto reduced estimates across communications, media and entertainment sectors.
Yet another sign of the convergence of content and technology: For the first time, a cable company CEO made a keynote speech at CES. This morning, Comcast spacer chief Brian Roberts announced a new strategy, calling it Comcast 3.0.
In an attempt to engineer a workaround of a writers’ strike that is playing havoc with the awards season, the Hollywood Foreign Press Association announced Monday that the festive awards dinner would be replaced this Sunday night by a news conference to announce the prize winners.
Nicolas Cage's "National Treasure" sequel was the top draw at North American movie theaters for a third consecutive weekend, while a pregnant schoolgirl delivered another healthy box-office bundle.
Warner Bros. has become the latest studio to back Blu-ray exclusively. The announcement scheduled for Monday at the Consumer Electronics Show in Las Vegas instead leaked out today with the studio now confirming the news.
For years, everyone's been waiting for an indication that either Sony's Blu-Ray or Microsoft and Toshiba's Blu-Ray format would emerge triumphant and the other would go the way of the BETA deck. Today, finally, a crucial tipping point in this battle in which the $20 billion dollar home video market is at stake.
Happy 2008! I'm back from my travels and have spent the day reading up on all the news I missed while away (though news of Benazir Bhutto's assassination was everywhere, the international press doesn't follow Hollywood labor negotiations as closely).
Wall Street has ended the year with another steep loss. What's the word on the Street?
Nicolas Cage led the North American box office for a second weekend with his "NationalTreasure" sequel, while the teen comedy "Juno" raced up the rankings despite playing in limited release.
The New England Patriots are hoping to make history on Saturday night by being the first team to accomplish a perfect 16-0 season, but the story behind the story is the major concession made by the NFL Network.
Nicolas Cage topped the North American box office for the second time this year on Sunday with "National Treasure: Book of Secrets," a sequel to the biggest movie of his career.
Russian President Vladimir Putin was named Time magazine's "Person of the Year."
The last man left on Earth in "I Am Legend" took first place at the weekend box office in North America.
At this time of year, it's predictions, predictions, predictions. So as part of CNBC's Outlook for '08, here are mine for the media world and all that's in it--with a personal look as well! (see number 7). Here I go!!
Watch what happens when these two high-energy personalities are in the same room together.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
"The Golden Compass," a $180 million family fantasy starring Nicole Kidman and Daniel Craig, did not meet expectations at the North American box office, opening at No. 1 but with weekend ticket sales of just $26.1 million, its distributor said Sunday.
Mayweather takes on Ricky Hatton this weekend in a matchup that pits two undefeated fighters at the heights of their powers against each other from Las Vegas' MGM Grand.
Now that the press blackout has been lifted on the Writers Guild strike talks, we're getting some insight into the ongoing haggling over offers and counteroffers. Last night the WGA released analysis of the producers association, the AMPTP's deal, saying that it would cost the companies $151 million over three years, and some studios would pay very little--MGM would pay only an additional $320,000 per year to writers.