Hulu is seeking to sell a stake to Time Warner, Dow Jones reported. That deal would reportedly value Hulu at $5 billion to $6 billion.» Read More
We're mid-way through media earnings, and a distinct trend is emerging: weakness in local ad markets is now spilling over to national cable and broadcast advertising. The media industry is facing all sorts of hurdles. Particularly unfortunate sector challenges at a time when the ad cycle is at a low.
It's late Sunday night and I've got a very tired 7-year-old boy in the back seat of my car. Driving home from the media screening of the upcoming "Star Wars: Clone Wars" animated feature due in theaters Aug. 15.
"The Dark Knight" fended off a strong challenge from the new "Mummy" sequel to lead the North American box office for a third weekend, and is on track to become the second-biggest movie of all time.
Yahoo has a lot of persuading to do Friday. At its annual meeting, Yahoo will have to show frustrated shareholders how it plans to move forward in the wake of dead-end buyout talks Microsoft. This against the background of Carl Icahn on its board and the sale of T. Boone Pickens Yahoo stake ahead of the meeting.
Viacom, the owner of MTV Networks, posted a better-than-expected quarterly profit, boosted by box office hits "Iron Man" and the latest "Indiana Jones," but U.S. cable network ad sales growth fell below the company's projections
Cramer makes the call on viewers' favorite stocks.
Vivi Nevo is said to be the largest individual shareholder of Time Warner, was once the largest private investor in Goldman Sachs, is engaged to China’s most famous actress, vacations on Rupert Murdoch’s sailboat, is the godfather of Lachlan Murdoch’s son, counts Lenny Kravitz as a good friend and attended Madonna’s wedding in 2000.And many people, including even some of his close friends, have no idea what his background is or how exactly he made his fortune.
Batman buried his rivals at the North American box office for a second weekend on Sunday, racing past $300 million in a record 10 days.
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.
Today I'm blogging from ComiCon, the 39th annual comic book convention; it's sold out and tickets are being scalped online for over 400 dollars. This year 125,000 fans are expected to hit the San Diego Convention Center for four days of fanboy heaven.
This morning at the Fortune Brainstorm conference Viacom CEO Philippe Dauman and Verizon CEO Ivan Seidenberg took the stage to be interviewed by Fortune Magazine Managing Editor Andy Serwer.
Unfortunately, no, for Time Warner. Cramer explains why the stock is down Monday.
This is all great news for Warner Bros. and its parent company Time Warner. The studio faltered with high-budget "Speed Racer," which bombed at the box office. It bounced back with megahit "Sex and the City", which exceeded all expectations.
Yahoo has reached a settlement with activist investor Carl Icahn to avoid a battle for control of the company.
The movie's Friday haul surpassed the previous record of $59.8 million set last year by "Spider-Man 3." "The Dark Knight" also might break the opening weekend record of $151.1 million posted by "Spider-Man 3."
Yahoo is unlikely to get into a bidding war over AOL with Microsoft because if Microsoft gets in the way, Yahoo could instead renew talks over News Corp's Web properties, a person with knowledge of the plans said Thursday.
This weekend the Warner Bros. flick will be in over 4,300 screens in North America, a record. There's no question "The Dark Knight will be huge." Reviews have been rave, and I can attest, it lives up to the hype. And sad as it is to say it, the untimely death of Heath Ledger, who plays the Joker brilliantly, has only generated more intrigue around the film.
With the next Batman installment set for release tonight at midnight, will The Dark Knight help lift Time Warner's stock?
Time Warner discussions to merge or sell its AOL internet division with Microsoft or Yahoo have taken on new urgency ahead of Yahoo's Aug 1 shareholders meeting, a source familiar with the discussions told Reuters on Tuesday.1st paragraph of story should go here
Fort Pitt Capital Group's Kim Caughey is charged up about General Electric.