While the battle over the future of Viacom is being waged, what happens in San Diego at Comic-Con could have big implications for the business. » Read More
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.
Southwest CEO Gary Kelly talks about the Spirit Airlines strike.
After a disappointing Memorial Day weekend, Hollywood is still waiting for hit movies to energize ticket sales and box office receipts, reports NYT.
Today DreamWorks' Animation's "Shrek Forever After" will open in over 4,300 theaters — more than half of them in 3-D. This, the fourth and last movie in the franchise, will be the green ogre's first venture into 3-D, and it should be a quite profitable one.
For comparison, we’ve also provided information on stock performance over the past year, although for some of these CEOs, their first day on the job was sometime mid-year 2009.
With a perfect storm of chaos hitting the markets this week—protests in Greece, a possible Greek debt default and a near-1,000 point selloff in the Dow Jones Industrial Average—how can jittery investors find the confidence to enter the market?
The next three months are without a doubt Hollywood's most important season, generating an average 42 percent of annual box office. And this summer promises to generate the biggest U.S. box office on record — we could see over $4 billion dollars in tickets sold.
Stocks ended lower Wednesday, led by energy and industrials, after Moody's put Portugal's debt rating on review.
Stocks remained lower in mid-afternoon Wednesday, led by energy and industrials, after the Dow briefly popped into positive territory. Markets remained skittish after Moody's put Portugal's debt rating on review.
Stocks continued to slide Wednesday, after a selloff in the prior session, as Moody's put Portugal's debt rating on review.
Time Warner's stock is trading near an 18 month closing high ahead of its quarterly earnings report tomorrow morning.
Investigators have spoken to the registered owner of a sport utility vehicle that contained a homemade bomb in the failed Times Square terrorist attack, but he is not considered a suspect, officials said Monday.
It's not opening in the U.S. until Friday, but its launch in a number of international markets has already grossed over $100 million in ticket sales. This earlier opening (to avoid competing with the World Cup) yielded results 26 percent stronger than the first film in those markets. The film's expected to generate $120 million to $140 million in U.S. ticket sales this weekend.
The media industry may be going through some rough times, with the landscape changing day to day, but at least one aspect is business as usual: big paydays for the people at the top. The NYT explains.
What follows is a roundup of corporate earnings reports for Thursday, April 29.
Strong performance at Viacom's cable networks and a 13 percent drop in operating costs helped the media giant beat Wall Street expectations.
The weekly jobless claims report should help swing the focus back to the U.S. economic recovery at least temporarily Thursday, after the Fed affirmed low rates are here to stay for the time being.
The volcanic ash is starting to settle, but Hollywood is still taking stock of the impact of the natural disaster on the entertainment business.
Premium cable channel Epix has finally signed its first national distribution deal—to Dish Network's 14 million satellite TV customers.
A day ahead of Google's earnings, there was this bizarre development from its Chinese rival: Baidu is now trading at over 100 times this year's earnings.