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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!!
"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.
This holiday season, buy them a single share of this stock. They’ll thank you later. 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 Walt Disney family fantasy "Enchanted" enjoyed another fairy-tale weekend at the North American box office Sunday, but overall sales succumbed to the traditional post-Thanksgiving blues.
As negotiations continue in the writers strike, the Christmas box office could make or break big media. How should you trade?
Disney's fairy-tale romantic comedy "Enchanted" charmed audiences over the holiday weekend, taking home more than $50 million for the Thanksgiving five-day box office, according to studio estimates on Sunday.
Steven Spielberg has very fond feelings for his home of 30 years at Universal Studios. So much so, that he never moved offices. Even though his DreamWorks studio is owned by Viacom, he never made the move over to the Paramount lot. Now the fact that he kept his studio at Universal may prove convenient.
MTV's "Rock Band" video game took the stage Tuesday, a new entrant in the fast-growing genre of musical games that could boost the fortunes of the flagging music industry.
DreamWorks principals David Geffen and Steven Spielberg have been negotiating to move their studio to NBC Universal from Paramount Pictures, the New York Times reported Saturday.
The battlefield extravaganza "Beowulf" laid waste its rivals at the weekend box office in North America, according to first-day sales estimates issued Saturday.
A video made by the Writers Guild is circulating the web. As of now it's been seen 111,000 times on Youtube. It dramatically argues that the studios are cashing in on digital distribution and the writers aren't getting a penny. It starts with Disney CEO Bob Iger saying that Disney has about $1.5 billion in digital revenues.
Jerry Seinfeld's "BeeMovie" had plenty of sting left during its second weekend, replacing "American Gangster" as the No. 1 choice for North American moviegoers.
Walt Disney reported a higher quarterly profit that edged expectations by a penny, driven by its media networks and theme parks. Excluding one-time items, the entertainment company reported a profit of 42 cents a share, compared with 36 cents a share, a year earlier.
The Writers Guild contract expired at midnight--though there's no strike just yet, it is NOT looking good. The rhetoric last night was so angry and stubborn on both sides, I'm predicting a strike by mid-week next week. The WGA says the producers association "refused to continue to bargain until we agree that the hated DVD formula be extended to Internet downloads." HATED? Ouch.
U.S. film and television writers went on strike Monday, after last-minute talks aimed at averting the Writers Guild of America's first walkout in almost two decades collapsed.
A heroin pusher and a honey bee put some sting back into the movie business.
Stocks closed on a positive note after several wild swings that ended an equally volatile week.
Viacom said Friday its quarterly profit rose 80 percent, boosted by the sale of its music publishing unit, strong cable advertising and blockbuster turnout for the alien robots movie "Transformers."
Could it be a "black-and-blue" Friday for Blu-ray? There are rumblings about a big announcement coming from Wal-Mart that could give a big boost to HD-DVD. I'm hearing that the company will begin selling the Toshiba HD-A2 for $98 in a special one-day, in-store secret sale. The unit sells for $198 at Circuit City and Amazon, so this is a steep discount.
Two years after it successfully fought off the efforts of Carl Icahn and the plan authored by Lazard Frères to break apart Time Warner, the company seems ready to embrace it, CNBC's David Faber reports.