Julia Boorstin joined CNBC in May 2006 as a general assignment reporter. Later that year, she became CNBC's media and entertainment reporter working from CNBC's Los Angeles Bureau. Boorstin covers media with a special focus on the intersection of media and technology. In addition, she reported a documentary on the future of television for the network, "Stay Tuned…The Future of TV."
Boorstin joined CNBC from Fortune magazine where she was a business writer and reporter since 2000, covering a wide range of stories on everything from media companies to retail to business trends. During that time, she was also a contributor to "Street Life," a live market wrap-up segment on CNN Headline News.
In 2003, 2004 and 2006, The Journalist and Financial Reporting newsletter named Boorstin to the "TJFR 30 under 30" list of the most promising business journalists under 30 years old. She has also worked for the State Department's delegation to the Organisation for Economic Co-operation and Development (OECD) and for Vice President Gore's domestic policy office.
She graduated with honors from Princeton University with a B.A. in history. She was also an editor of The Daily Princetonian.
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Steven Spielberg and his team at Dreamworks SKG have finally completed their $1.2 billion financing deal with Indian entertainment conglomerate Reliance ADA Group. Notably, this gives Spielberg the financial backing to leave Viacom's Paramount Pictures and will likely force some sort of change or restructuring at the studio.
This has been an unprecedented volatile week for Wall Street, but Google CEO Eric Schmidt isn't going to let that slow down his business.
Let's face it, nearly every industry will be touched by the turmoil on Wall Street. And as I've reported many times, the already-suffering ad industry is sure to be further hit. There are a couple issues now in play.
Wall Street isn't so far from Madison Avenue or Hollywood Blvd. and the upheaval in the financial markets will have aftershocks reaching far into the media industry. It's sure to effect the already-suffering advertising industry as well as the film financing markets.
There's no question that this week Wall Street is in the midst of nearly unprecedented chaos. It happens that this very week the editors of Slate and the Washington Post Company are launching a new financial news site, "The Big Money."
Best Buy is paying $2.65 per share--almost twice where Napster's stock ended the week last week--but it's still not a huge chunk of change for the retailer. And its good news for Napster investors, getting a premium for the stock after reporting a $4.4 million loss last month.
At least 11 states are conducting their own investigations, and the European Comission is examining whether the ad agreement beteween the two Internet giants is violating E.U. laws regarding restrictive business paractices.
Facebook's Instagram has signed a $100 million yearlong deal with advertising firm Omnicom, Ad Age reported on Friday.
Debate has surrounded tech sector valuations with some analysts unconvinced that Netflix's stunning rally is here to stay.
FCC Chairman Tom Wheeler plans to heavily restrict TV station owners' ability to jointly manage multiple stations in smaller markets, Re/code reports.
DirecTV is in talks with Disney to license the rights to offer Disney's broadcast and cable channels as part of an Internet deal, DirecTV said.