Here's yet another piece of news in the ongoing decline of the movie studios' "specialty" film business: the head of Disney's Miramax Films is being pushed out of the company.
DreamWorks Animation showed some "Monster" strength in the third quarter, beating Wall Street projections with better than expected DVD sales and the ongoing performance of "Monsters vs. Aliens."
Bobby Kotick, CEO of Activision Blizzard, tells me that "DJ Hero" won't just change his company's business, but will change the world.
In hard-hit Michigan, a creative way to fill the void as newspapers cut back: Running the obits on TV.
It's been a major media Monday -- Wall Street analysts have been upgrading media conglomerates left and right. The stocks have been benefiting, gaining more today than the major indices.
While the demographic for video games and action movies is basically the same, the track record for films based on games has been a pretty dismal one. For every “Tomb Raider”-sized hit, there are a handful of flops like “BloodRayne.”
Sky-high marketing costs, usually half the budget of a movie, weigh heavily on studios balance sheets preventing them from taking more risks on releasing more movies. That's precisely why Hollywood is so carefully watching a little tiny movie called "Paranormal Activity" from Paramount, which may prove that a new model, hinging on the power of social media, really works.
As David Faber reported, General Electric and Comcast are in talks to spin off GE's NBC Universal, parent of CNBC, into a new company that will be merged with the content assets of Comcast. What might this deal be worth? Start by looking at comparable valuations.
YouTube and Warner Music Group have been stuck in a stand-off since December, when Warner pulled all of its artists' clips - both professional music videos and user-generated content using its songs - from the site.
Cramer makes the call on viewers' favorite stocks.
The markets continued to inch up yesterday, posting gains for the seventh time in 8 days and are looking up again this morning on the open. While the Dow and S&P have mostly been up fractionally on those days over the past couple of weeks – string together those smaller gains, and notice they have rallied a notable 4% and 6%, respectively, since September 2.
At long last 3-D is finally rolling out to more theaters, which means great news for movie theater chains and studios who, with the technology, can charge more for tickets and pack theaters.
Once again giddy teens are glued to their TV sets swooning over The Beatles – but this Fab 4 phenomenon has a modern twist.
The video game business needs "Help!" It's been "A Hard Day's Night" as game sales dropped 14 percent this year; sales of music video games, the biggest game category last year with nearly $2 billion in revenue, have fallen by nearly half. Now Viacom is hoping to "Get Back" with a little help from its friends, The Beatles.