Vampires are the new black. They're cool, mysterious, appealing to all ages, and they (figuratively speaking) turn everything they touch into solid gold. Vampire-chic hit the mainstream when "Twilight" came out last year. Read More
As predicted earlier this month, Oprah Winfrey will not renew her deal with CBS Syndication (CBS) when it expires in 2011. Instead she'll focus entirely on her new cable channel, called "OWN: Oprah Winfrey Network." Read More
So much news coverage these days is possible because of citizen journalism — from the cell phone photos taken of the plane landing on the Hudson river, to eyewitness reports of Iranian protests submitted to CNN. Read More
Metro-Goldwyn-Mayer said it's considering a sale or a merger as it evaluates "strategic options," raising the question: what does this mean for the future of the industry? Read More
Disney's fourth quarter top and bottom line results beat Wall Street analyst expectations. Net income grew 18 percent on four percent higher revenue, despite some tough comparisons with last year's summer quarter, when the economic downturn had yet to fully hit the theme parks. Right after Disney's earnings call I sat down with CEO Bob Iger to hear about what's driving the company's growth and what's holding it back. Read More
The midnight debut of "Call of Duty: Modern Warfare 2" lived up to expectations. Early this morning Activision/Blizzard reported that the game sold about 4.7 million copies, in North America and the United Kingdom Alone. Read More
Tom Staggs, the company's long-time Chief Financial Officer, will become Chairman of the Parks and Resorts division. The chairman of the Parks and Resorts division, Jay Rasulo will take his role of Chief Financial Officer. Read More
This has been a momentous quarter for Disney spacer, between an overhaul of the movie division...a major acquisition, and progress towards theme park expansion in China and a new production facility. Read More
Ahead of Disney's earnings, due after the bell Thursday, the Magic Kingdom announced a major movie studio restructuring, reorganizing its marketing, distribution and operations and announcing promotions and new positions. CEO Bob Iger has blamed the studio's disappointing performance over the past year or so on weak product and marketing. This is just the latest step to focus and streamline the studio on Disney-branded, franchise-friendly movies. Read More