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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Lions Gate Entertainment is the unexpected buyer of the TV Guide Network and TVGuide.com for $255 million from Macrovision Solutions. Just last month Macrovision announced it struck a deal to sell the divisions to media entrepreneur Allen Shapiro and a division of JP Morgan Chase for as much as $300 million.
The most notable asset Relativity is acquiring is Rogue's library of about 30 films, which can be monetized though DVD sales, TV rights (on the likes of HBO), and now digital distribution. Rogue is known for what Hollywood calls "genre" films, horror films aimed at moviegoers 25 and under, made with a relatively low budget.
I've made my predictions for 2009, so It only seems appropriate to look back at the predictions I made a year ago. The world has been transformed by the financial crisis over the past year, so I have to say I'm pleasantly surprised by how much I actually got right, and how much continues to seem to be true.
Looking back at 2008 and towards 2009, there's no question that media stocks are facing a perfect storm. It's the nasty coinciding of cyclical and sector challenges — media giants are trying to transition to a new digital future and build new revenue streams, while the economic downturn is sending ad revenue off a cliff. So is there a silver lining to those storm clouds?
TV streaming service Aereo filed for bankruptcy protection after a U.S. Supreme Court ruled that the company's model violated copyright laws.
Media-market experts are claiming that the new podcast "Serial" could mark a sea-change in listening and advertising habits.
CEO Richard Plepler says HBO isn't hastening the demise of cable bundling by offering streaming content.