After hours a published report suggested that Lions Gate may be in talks to acquire MGM. Can you believe what you read? Get the scoop from Vice Chairman Michael Burns. Read More
Viacom and its Paramount studio, Lionsgate and MGM broke off from CBS' Showtime last spring when they couldn't strike new distribution deals, so they decided to launch their own premium movie channel. Read More
You think Lloyd has a rough time on "Entourage"? At least he's not a temp. You saw how Ari treated those people after Lloyd left. However, revenge is sweet, especially in Hollywood, and temps have found their voice in a blog called The Temp Diaries, purportedly written by one of their own. Read More
As CNBC spends the month examining the economic melt down one year ago and how far we've come, Michael Moore takes the one-year anniversary to release his new documentary, "Capitalism: A Love Story" which skewers the financial system. The documentary doesn't look at the big banks that failed, but at the people who suffered. And yes, the title is ironic: Capitalism is the bad guy. Read More
Stock and options trading turned bearish on Netflix today as investors worry about potential competition from online streaming giant YouTube. Aggressive put buying drove options volume in NFLX to twice the average level as investors looked for downside over the next 2.5 weeks. Read More
Mixed morning as the Fed begins its two-day policy meeting. Traders are sounding a bit more pessimistic this morning, noting that the put/call ratio is at .70 (7 puts for every 10 calls), a sign that traders are very bullish. Traders believe these indicators, when they are at the higher end of their ranges, often indicate at least a short-term market top. Read More
Futures popped a few points as continuing claims for unemployment recorded its first weekly drop since January. While last week was a record high (about 6.8 m), this at least is a step in the right direction. Read More