Today the DOW hit that crucial 12,000 benchmark, and it's worth taking stock of how the index's three media and telecom stocks have fared since the last time we saw 12,000.
The big winner of the morning is "The King's Speech," from The Weinstein Co. — grabbing the lead with a whopping 12 nominations including Best Picture, Actor and Director.
Today the NFL posted on Twitter that the New York Jets vs. the Pittsburgh Steelers was the most watched AFC Championship game ever, with an average of 54.8 million viewers. An early read on the Greenbay Packers vs. Chicago Bears put its ratings at 51.9 million average viewers.
MTV executives have a new hit drama on their hands, featuring the sexual and drug-fueled exploits of misfit teenagers. They also have something else — a fear that coming episodes of the show may break the law, the New York Times reports.
Today the company launches the Disney Dream, which cost nearly $1 billion, with a second massive ship at the same price point due to hit the seas next year.
The Golden Globes are taken far less seriously than the Oscars. They're voted on by only 90 members of the Hollywood Foreign Press, but they're also a lot more fun for attendees.
The Golden Globes aren't until Sunday night but parties and gifting suites are already underway.
The December jobs report may have disappointed some but there are signs that the market is improving — as everything from earnings forecasts to a homeless guy's story seems to indicate.
It went from a heartwarming story to schadenfreude within his 15 minutes of fame: A dirt-digging web site has found that Ted Williams, the homeless guy who stunned the Internet world with his golden voice, has a 20-year criminal record.
If this isn’t a sign the job market is on the way up, I don’t know what is: Job offers are pouring in for Ted Williams, a former radio announcer-turned-homeless guy who used to panhandle on a highway ramp in Columbus, Ohio.
Ms. Winfrey is about to make history by ending her blockbuster, one-hour talk fest, “The Oprah Winfrey Show,” and starting OWN, short for the Oprah Winfrey Network, that will speak for her 24 hours a day. The New York Times reports.
The Roberts court ruled for business interests 61 percent of the time, compared with 46 percent in the last five years of the court led by Chief Justice William H. Rehnquist. The New York Times reports.
Think media stocks are sending mixed signals? Then, don’t make a move until you check out these picks from top media analyst David Bank of RBC!
The economy has stabilized, which is why Viacom has grown "almost month by month” over the last four quarters, its president and CEO, Philippe Dauman, told CNBC Monday.
The holiday movie season may be just half as long as the summer movie season, and it gets far less attention, but day for day it's just as important — it generates 20 percent of the annual box office. With a month left to go, the pressure's on for studios to boost their Q-4 numbers. And Wall Street's watching carefully for indications of which studios have momentum going into 2011.
"Harry Potter and the Deathly Hallows: Part 1" remained the No. 1 movie with $50.3 million over Thanksgiving weekend, closely followed by the animated musical "Tangled" with $49.1 million, according to studio estimates Sunday.
As Viacom joins the growing ranks of content providers blocking access from the Google TV set-top box, there is now less and less programming to watch on the device ahead of the critical holiday season.
Today Netflix unveiled its long-anticipated streaming-only option—$7.99 a month for unlimited access to its library of 20,000 digital films. And the company that built its business on renting DVDs through the mail announced that it is primarily a streaming company.
Less than a year after shuttering Gourmet magazine, Conde Nast Publications is serving up seconds. Rather than returning to newsstands the magazine is available only on Apple’s iPad. The food world's best-known brand has moved from the page to the screen.
Viacom's fourth quarter recently topped Wall Street expectations with a total revenue increase of 5 percent to $3.3 billion compared to the same time last year. In addition, the CEO says the company is continuing to fulfill its $4 billion buyback.