As the Fed meets and earnings news rains down, the big question in the week ahead is whether the S&P 500 can manage a break out.» Read More
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.
CBS and Viacom report earnings Thursday and Friday, respectively, kicking off the season for Big Media.
In the entertainment industry, the idea of being green is very, very cool. You can't go two feet without seeing a Prius--they're even becoming the limo-of-choice for the Oscars. I myself bought a Prius in May and I love it. Not only is it eco-friendly, but it's also incredibly convenient. Not having to fill up that often saves a ton of money, and all that time wasted at the gas station. Tons of time.
Better late than never, but when it comes to NBC and Fox and the new Hulu, it's about time. I say about time because I wonder just how long big media is going to sit around and bemoan upstarts like YouTube muscling in on their territory. Woe is me, these companies have complained: They're stealing our content. They're breaching our copyrights.
NBC Universal and News Corp's HULU.COM finally launches after six months, plenty of delays, name-calling, and mocking. The joint venture between NBC Universal and News Corp's Fox was announced in March, conceived as a media company-controlled way to distribute a broad range of professionally created content--a viable alternative to YouTube.
The Hollywood screen and TV writers have all cast their votes on whether or not to strike--the deadline was yesterday. And today, at about two or three pm pacific time, the WGA is expected to announce that they've gotten authorization to strike--a nice threat to have in their pocket when they go into the 11th day of negotiations with the Producers on Monday.
Media companies including Viacom, Microsoft, News Corp.'s Fox and MySpace units and others have agreed to guidelines aimed at protecting copyrights online, a source familiar with the matter said on Thursday.
Google's trading range over the past year has been pretty staggering: $417.50 a year ago today. A high of $635.96 last week; and hardly a straight line up between that low and high. That hasn't been the case these last couple of months where shares have been on a tear...
Google's biggest challenge for its online video site YouTube, is getting professionally-created content on board. That means having a serious anti-piracy plan. So, YouTube has finally unveiled its new filtering tools to find copyrighted material.
You may know Nielsen for its TV ratings, but the company also tracks all your entertainment consumption online. Today, Nielsen is announcing two new divisions--Nielsen Online and Nielsen Mobile--to give more detailed analysis of how people are spending their time and their money online and on their mobile phones.
TiVo is introducing music to its mix of entertainment services, offering owners of the company's digital video recorders access through their TVs to the Rhapsody music service.
Ben Stiller's new comedy "The Heartbreak Kid" barely registered a pulse at the weekend box office in North America, in a badly timed setback for its underappreciated studio DreamWorks.