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Current DateTime: 07:37:14 09 Feb 2012
LinksList Documentid: 23279714
Expiration DateTime: 2/9/2012 7:39:14 PM

MEDIA MONEY VIDEO GALLERY

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Current DateTime: 07:37:15 09 Feb 2012
LinksList Documentid: 31765984
Expiration DateTime: 2/9/2012 7:39:04 PM
    • Big Media Names Report Earnings 

        Sirius, Linkedin and Activision will report earnings. So are the stocks hot or not? CNBC's Julia Boorstin & John Carney weigh in.

    • Cisco & News Corp Report Earnings 

        CNBC's Jon Fortt; Shaw Wu, Sterne Agee; and Mark Sue, RBC Capital Markets, discuss Cisco's latest earnings. Also, the update on News Corp's earnings, with CNBC's Julia Boorstin.

    • News Corp Earnings Review 

        Rupert Murdoch just made some big progress in its hacking scandal, which will minimize the embarassing details shared in court, reports CNBC's Julia Boorstin.

    • The Trade on Sprint & Disney Update 

        The Fast Money crew with the trade on Sprint, ahead of its Q4 earnings. Also, CNBC's Julia Boorstin has an update from Disney's conference call, as well as the outlook for ad revenues.

    • Disney Conference Call Update 

        CNBC's Julia Boorstin has the latest details from Disney's conference call, reporting attendance is up at the theme parks, and the company will launch a new broadcast channel in Japan next month.

    • Disney's Iger on Q1 Results 

        Robert Iger, Walt Disney president & CEO, explains how the current quarter is trending in ad sales and parks bookings, with CNBC's Julia Boorstin and Maria Bartiromo.

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Current DateTime: 07:37:15 09 Feb 2012
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Current DateTime: 07:37:15 09 Feb 2012
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BET's Johnson 'Drives' Into New Business (Cars)

Published: Friday, 28 Sep 2007 | 8:52 AM ET
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By: Julia Boorstin
Correspondent

AP

The founder of BET, Robert L. Johnson, just announced he's going into a new business-- one that has very little to do with his media background. He's going to be buying and operating car dealerships in the southern and Midwest regions of the country, partnering with the McLarty-Landers Automotive Group.

What's the deal? The auto group has experience selling cars, and I'd guess that Johnson brings experience in marketing and branding. And this isn't Johnson's first business venture outside entertainment--he also owns the NBC team, the Charlotte Bobcats.

I was watching Johnson's last start up when he was looking for financing--he partnered with Harvey Weinstein to start a new film company called 'Our Stories Films', focusing on urban and African-American audiences. When I was at the Allen & Co. media conference in Sun Valley, Idaho, the two were pitching the new studio upstart, handing out pamphlets with info. But I hear now that they had a hard time getting off the ground. The first film "Who's Your Caddy?" came out in July, but I haven't heard about the company's next film. Certainly a different business model than auto sales!

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