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  • Sony Building

    Sony Pictures Entertainment is feeling the pinch of online piracy and the decline of DVD sales. The movie studio announced on Monday that it will lay off 450 employees, or 6.5 percent of its workforce, and also plans to close 100 open positions. It will start handing out pink slips in March.

  • Steve Jobs revolutionized the music business, creating a new way for consumers to listen to music on the go, and buy songs.

  • Avatar

    James Cameron's "Avatar," from 20th Century Fox spacer, is on its way to beat "Titanic" and become the biggest movie at the box office ever. Over the three day weekend "Avatar" won nearly $55 million at the box office in the U.S. and Canada and another $129 million from overseas, putting its total at $1.12 billion international and half a billion in the US.

  • There were digs at NBC throughout the night at the 67th Golden Globe Awards.

  • ces_logo2.jpg

    There's a huge trend dominating the floor at CES this year, and it's not a new gadget. It's social media.

  • In 2009, the box office was remarkably robust, despite concerns about the pullback in consumer spending and competition with sophisticated home entertainment systems. People still like going to the movies — no matter what the economic environment.

  • The deal is done: Marvel shareholders have approved the company's acquisition by the Walt Disney Company.

  • avatar_movie_poster.jpg

    "Avatar" is easily the most highly anticipated 3-D film ever, if not the most long awaited film ever, as James Cameron worked on it for nine years.

  • The Academy Awards aren't until March, but awards season kicked off in earnest early Wednesday with the Golden Globe nominations ahead of the January 17th event. 

  • Goldman stepped into the market spotlight midday, after the firm said its top executives will receive stock instead of cash bonuses this year. Is that a buy signal?

  • What do you get when you mix a celebrity desperate for attention, a couple of Floridians desperate to sell their house and a slew of homeless people with drinking problems? The real estate deal of the century, that's what.

  • Microphone and Record

    Today three top music labels are teaming up to launch Vevo, a new music video destination site hosted on YouTube, in an attempt to create a new revenue stream for a struggling industry.

  • Brian L. Roberts

    Brian Roberts is on track to run a massive, vertically integrated media giant. But unlike some of his fellow media moguls, he doesn't have high-profile family drama (Sumner Redstone), spark controversy in the media by picking fights with Google (Rupert Murdoch), and he's not a fixture on the red carpet (Bob Iger).

  • tv_internet.jpg

    GE's is in the process of selling a majority stake in NBC Universal to Comcast, which will create a new vertically integrated media giant.

  • retail_mall2.jpg

    Cash-strapped, bargain shoppers are a great thing for Hollywood box office performance. This Thanksgiving weekend broke box office records — the highest-ever box office performance for the long five-day holiday weekend.

  • Modern Warfare 2

    As we head into the holiday shopping and entertainment season, a funny thing is happening to Hollywood and Silicon Valley heavyweights. Once rivals, they're now key partners in a new kind of "if you can't beat 'em join 'em" approach to digital entertainment.

  • Man watches home theater televisions at the Best Buy

    With deep pricing discounts on many electronic products, retailers are hoping to lure in shoppers who are guarding their wallets more carefully.

  • redstone_sumner2.jpg

    Since Sumner Redstone split up CBS and Viacom, the two companies have had an increasingly acrimonious relationship.

  • How many of us, faced with a major challenge, begin with the assumption we should go it alone, ask Rodd Wagner and Gale Muller, Co-Authors of the new book, "Power of 2."

  • The Lightning Round is extended in this CNBC.com exclusive feature.