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Media Money with Julia Boorstin

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  • Crappy Movie January Friday, 5 Jan 2007 | 3:51 PM ET
    Fingerfood Party Plates

    January means two things for Hollywood: Oscar Movies held over from December, and (how shall I say this) ... pretty crappy movies that the studios are pushing out. Take a look at the three movies opening this weekend: (not so top drawer) Code Name: Cleaner, New Line's Cedric the Entertainer comedy that's gotten a lot less buzz than all of Cedric's other stuff. From Lions Gate, the Happily N'Ever After, a CGI film made in Manilla -- which I've heard is not as sleek and fancy as the Pixar stuff. And though I've seen...

  • Bad News Bears for CD Sales Friday, 5 Jan 2007 | 11:03 AM ET

    "Year-End CD Sales Collapse -- Ominous Sign Heading Into 2007" reads the headline on Pali Research's music industry report. Year-end digital track sales were disappointing, but the sale of old-fashioned CD's was ever more depressing -- CD album unit sales during the last week of 2006 were 12.87 million, down 20% from 2005.

  • Update: More Exodus to Endeavor Wednesday, 3 Jan 2007 | 5:19 PM ET

    My in-the-know Hollywood sources are telling me that ICM is having an all-company lunch today, as I write this. Why the concern? Guess who else is moving to Endeavor along with Robert Newman? ... ICM's acquisition of Broder is turning out to be a huge boon for Endeavor-- inadvertently turning Endeavor into a new powerhouse.

  • Where Did You Spend Time Online in 2006? Tuesday, 2 Jan 2007 | 3:05 PM ET

    Happy 2007! Another year -- and another search for the next holy grail of the Internet. Everyone's talking about YouTube ruling the Internet -- but it isn't as cut and dry as that. Here are some pretty stunning numbers on the online winners...

  • The Race to the Box Office Finish: Sony Vs. Disney? Friday, 29 Dec 2006 | 3:20 PM ET

    A few weeks ago Sony beat the $3 billion dollar box office mark. It was pushed over the edge by the ongoing success of Casino Royale, and pushed further now by Pursuit of Happyness. Sony told me they are at about $3.26 billion worldwide as I write this and expect to top $3.3 billion worldwide by Monday ... And Friday Disney announces it's neck and neck with Sony, hitting $3.26 billion in international box office. So Disney is also doing some boasting ...

  • Steve Jobs Off The Hook! Friday, 29 Dec 2006 | 2:16 PM ET

    Thousands of hours of research finds that Steve Jobs is not guilty in the stock options scandal. When reporting this story Thursday I heard all sorts of dirt about how Jobs is an ego maniac.  That he is a micro-manager, stubborn, even flat-out nasty. [Early in the company employees were afraid to travel with him in the elevator-- they didn't want to be out of a job by the time they got off on their floor]. But you can't deny that the man really is a genius.

  • The Future of TV -- On Your PC Wednesday, 27 Dec 2006 | 2:52 PM ET

    Fox Sports is tackling the future of TV -- digital downloads. Today, Fox Sports announced that it's offering for digital download, full-length versions of all the Bowl Championship Series college football games. Most of the games you can download as soon as they're done, but the Jan 1 Cotton Bowl will be streamed live -- for free. Also, the top 10 searches from the three major search engines in 2006...

  • It's All About the Family Fare Wednesday, 27 Dec 2006 | 11:00 AM ET

    After all this talk about the box office declining, it turns out that the disappointing numbers in 2005 were just an aberration. This year, the box office so far is up from last year -- $9.09 billion through Sunday compared to $8.65 billion last year... Forget about Tom Cruise action pics -- it's all about the family films. PG is the new sweet spot.

  • Plum TV and Elfing Yourself Thursday, 21 Dec 2006 | 4:55 PM ET

    So there's vanity publishing, and now there's vanity TV investing -- big, powerful execs paying to expand a series of TV networks that targets people JUST LIKE THEM. Also, if people can TiVo through commercials and are too smart to click on Internet ads, the best way to spread your brand is to give people what they want...

  • Happyness in San Francisco Thursday, 21 Dec 2006 | 9:45 AM ET
    The Pursuit of Happyness - 2006 Will Smith (left) and Jaden Christopher Syre Smith

    SONY  is loving Will Smith's, "Pursuit of Happyness," bringing in $32.3 million so far. And they're not the only ones -- San Fran is ecstatic the production spent about $22 million and created about 400 jobs while shooting in San Fran. That means about $1 million in fees for the city.

  • Paid Video Downloads Are Way Behind The Eight Ball Wednesday, 20 Dec 2006 | 2:30 PM ET

    All the studios and networks are ramping up efforts to sell their movies and tv shows online with sites like MovieLink, CinemaNow, and of course, Apple's iTunes store. But it's just not that big yet -- illegal downloads outpace legal alternatives five to one.

  • MGM's ROCKY Year Tuesday, 19 Dec 2006 | 5:22 PM ET

    Rocky may do well this weekend, but it's more the exception than the rule for MGM. In Spring 2005, MGM became a fee-based movie distribution company. And over a year and a half later I can say that the results are pretty disappointing...

  • My Favorite News Sites -- User Controlled Tuesday, 19 Dec 2006 | 4:04 PM ET

    Google's Zeitgeist is based on what people are searching for on Google on a given moment in time -- Tara Conner, Miss USA 2006, was searched more than anything else. The real inside one is digg.com -- shows you what all the technorati think is cool.

  • Going Gibson and Pulling a Sumner Tuesday, 19 Dec 2006 | 9:49 AM ET

    So publishing queen Judith Regan went all Gibson on her colleague and got the boot from Harper Collins parent, Rupert Murdoch's News Corp. So, you could draw the conclusion that there are a lot of closeted anti-semites in media who are getting exposed. I think that's hardly it.

  • Want to Wii? Check Into A Hotel! Monday, 18 Dec 2006 | 10:07 AM ET

    It's sooo hard to find a Wii! Last night, I heard tales of very savvy people paying WAY over ticket price -- I'm talking $750 -- for a $200 Nintendo Wii. Yes, these people are desperate for Christmas presents. If you're interested in checking out the Wii...

  • CBS Records Is Back! Friday, 15 Dec 2006 | 2:34 PM ET

    So much for CBS's spinoff from Viacom -- meaning that it's focusing on one business -- the eye is really trying to become a vertically integrated media company. First CBS says it's starting a movie studio -- making films to fill its cable TV slots (owning the content means no fees, more control) -- and now, CBS is starting a music business.

  • The Oscar Race Is On -- And Paramount Is In The Lead Friday, 15 Dec 2006 | 11:27 AM ET

    The Golden Globes are the official start to awards season -- the nominations give a good hint at which will be nominated for Oscars, and the studios are always hungry to put that golden seal of a nomination on their movie poster. On the top of the studio heap is Paramount -- beaming.

  • Leaked Numbers Indicate Trouble for Fox's Eragon! Thursday, 14 Dec 2006 | 2:15 PM ET
    Find out how everyday people have taken ordinary ideas and turned them into extraordinary businesses.  .

    20th Century Fox has been building buzz about what's meant to be this year's Lord of the Rings style epic -- Eragon, about a flying Dragon and a farmboy -- is serious fantasy. But based on tracking numbers I've just been leaked, 20th Century Fox may be bracing itself for a disappointment. The film cost an estimated $90 million and they're spending tens of millions on marketing the film -- but awareness is low.

  • Now we know why ABC didn't join the other entertainment companies to launch a new video content site: ABC is becoming Yahoo! News main content partner. Expanding a 2005 deal for ABC News to provide ad-supported video to Yahoo! users, this new deal will provide twice as much content to Yahoo! News, including breaking news stories and features from ABC's blue chip content - stuff from Good Morning America, 20/20 etc.

  • Movie theater company AMC Entertainment Inc. can't seem to make up its mind -- just two years after being taken private for $2 billion by Marquee Holdings, on Monday Marquee said it filed with the SEC to do an IPO. Unlike many private companies, we know exactly how it's doing because it has public debt and files with the SEC -- the company just reported $2.4 billion in revenue for the year ending September 28, with a $189 million loss.

 

  • Working from Los Angeles, Boorstin is CNBC's media and entertainment reporter and editor of CNBC.com's Media Money section.