Hollywood studios are now thinking twice about splurging on A-list movie stars and costly productions in reaction to poor economy, but also because of the surprising success of films with unknown actors.
NEW YORK (Reuters) - AOL plans to cut one-third of its workforce, or about 2,500 jobs, in an effort to trim some $300 million in annual costs as part of the Internet company's planned spin-off from Time Warner Inc.
AOL plans to cut one-third of its workforce, or about 2,500 jobs, in an effort to trim some $300 million in annual costs as part of the Internet company's planned spin-off from Time Warner Inc.
Monday, 16 Nov 2009 | Source: The Associated Press
With hurricane season ending, film and TV production in south Louisiana is picking up, and New Orleans is on track to break last year's filming record.
Monday, 16 Nov 2009 | Source: The Associated Press
Opera Software ASA reported Monday a third-quarter net loss of 12 million kroner ($2.1 million), despite increased revenue, as operating costs hit the Norwegian company.
Hollywood studios are now thinking twice about splurging on A-list movie stars and costly productions in reaction to the poor economy, but also because of the surprising success of recent films with unknown actors.
Thursday, 12 Nov 2009 | Source: The Associated Press
The last of the original CNN hosts, Dobbs told viewers on Wednesday that he was quitting his nightly show—effective at the end of the hour—to pursue new opportunities.
Wednesday, 11 Nov 2009 | Source: The Associated Press
In a brutal time for the news business, CNN is one of the few media organizations thriving while its most visible part in the United States — prime-time on the flagship network — is hurting.
Final box office figures for "The Twilight Saga: New Moon" showed the movie's ticket sales rising to $142.8 million from an estimated $140.7 million last weekend, the studio behind the film said on Monday.
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