Sir Martin Sorrell, WPP CEO, shares his thoughts about Fox's bid for Time Warner.» Read More
You'd think the Academy Awards were controlled by studio moguls or movie stars. But the guys really holding the cards -- literally -- are a couple of accountants. Forget about George Clooney and Will Smith -- without Price Waterhouse Coopers, the show couldn't happen.
The Oscars are just around the corner--this Sunday night--but many people are buzzing that they don't seem as big of a deal this year. Well, they are still a big deal in Hollywood, and their slightly lower profile makes a lot of sense this year. For one thing, the writers' strike put the fate of the Oscars in jeopardy.
Wall Street was thrilled that Sony's Blu-ray has officially won the high def format battle. Sony's stock made gains Tuesday on the news that Toshiba will stop making HD-DVD players. This is the final piece in a long battle that dragged on for years, losing movie studios hundreds of millions...
Japan's Toshiba waved the white flag in the home movie war, giving up on its HD DVD format after losing the support of key studios and retailers to Blu-ray technology backed by Sony.
Shares of Toshiba jumped 5 percent on Monday as analysts applauded the company's expected move to abandon its HD DVD format, leaving Blu-ray technology backed by Sony to become the standard for the next-generation DVD.
Toshiba is planning to give up on its HD DVD format for high definition DVDs, conceding defeat to the competing Blu-Ray technology backed by Sony, a company source said on Saturday.
It's official, or as official as this is going to get: HD DVD is dead; long live Blu-ray! All along, industry pundits have compared the next-generation DVD format war to the Beta vs. VHS conflict when VCRs first burst on the scene. I didn't realize just how true that comparison truly was.
Yahoo is holding talks with News Corp. about combining MySpace and other News Corp.-owned online properties with Yahoo.
Forget about Apple Inc. for a second; even the ongoing drama between Microsoft and Yahoo: the real news on the technology front comes from George Lucas and his plans for the next installment of "Star Wars."
The 100 day-long writers strike is officially over. After voting overwhelmingly to return to work Tuesday afternoon, writers returned to the job. It's clear just driving around Los Angeles that things are picking up again--the traffic's much worse! (No joke). Writers and the studios are rushing to throw together pilots for the fall TV season.
What a week-and-a-half for Yahoo it has been: a $44.6 billion hostile bid for the company, a whopping 62 percent premium, then rumors of multiple suitors chomping at the bit to snap up this company, rumors of a remarkable plan to make this company into an independent money-machine--secret plans that'll turn Yahoo into the greatest name online.
On a whim and based on Darren Rovell's interview with Sports Illustrated Covergirl Marisa Miller, I did a quick scan on how the Dow and S&P performed in years that the SI Swimsuit Issue cover featured a blonde versus a brunette. You won't believe what I found...
The Lord of the Rings" trilogy was a huge franchise for Time Warner's New Line Cinema--bringing in about $3 billion at the worldwide box office alone. Now, J.R.R. Tokien's estate, a British Charity Called the Tolkien Trust, is suing New Line for its alleged failure to pay a percent of gross profit of the three films based on Tolkien's books.
Facing the prospect of a takeover battle with Microsoft, Internet giant Yahoo is reportedly looking to do a deal with AOL while slimming down its ranks.
In their second on-screen pairing, Matthew McConaughey and Kate Hudson returned to the top of the North American box office Sunday with the adventure comedy "Fool's Gold."
In 1990--the last time the New York Giants won the Super Bowl--the U.S. was headed for recession. Stocks then staged the biggest bull-market run in history.
Michael Eisner, the former CEO of Disney and host of CNBC's "Conversations with Michael Eisner" revealed on Fast Money that the writers strike is effectively over and that a deal should be announced this week-end.
Today, Time Warner reported its quarterly earnings and investors were very happy with what they heard on the post-earnings conference call. Jeff Bewkes, in his first call as Time Warner chief executive, presented his restructuring plan. Time Warner stock gained as much as 3% during the day, ending up about 2%...
Cisco shares getting slammed on CEO's comments, an unclear future for the exchanges and late-breaking market-moving news on the airlines. All that and more in the Word on the Street.
A weak sales and job-cut announcement from Macy's and comments from a Federal Reserve official put a damper on the stock market's bounce.