On the Ford 4th quarter earnings conference call, CEO Alan Mulally confirmed what we expected (more buyouts for Ford's hourly workers) and made it clear, this may not be the end of the cuts.
Striking Hollywood writers will meet face to face with studio executives this week for the first time since their contract talks collapsed on Dec. 7, the two sides said Tuesday.
News crossed the wires last night: The DGA just announced it's made a tentative deal with the producers associations, the AMPTP. They've been in meetings since last Monday and it seemed clear they wanted to find a compromise. Though the DGA's contract doesn't expire until June 30, they wanted to get negotiations moving and everyone back to work.
The Hollywood directors' union reached a contract deal with major film and television studios on Thursday -- a move likely to turn up pressure to settle a 10-week-old strike by screenwriters.
This afternoon, GM investors got the kind of good news they've been craving for several months. Talking with analysts in Dearborn, Michigan, GM's Chairman and CEO Rick Wagoner said the company plans to save an additional $5 billion by 2011.
The Austrian capital is the city where the old EU meets the new EU. Teeming with international organizations, it's also the city that was the first to foray into Eastern European banking and the destination for tasty pastry.
Good news for those who want their scripted TV shows back on air: The Directors Guild met all weekend long with the Producers Association, the AMPTP, and it sounds like they might be pretty close to a finding a compromise, which could prompt the writers to make a deal.
Film romance "Atonement" and movie musical "Sweeney Todd" claimed the top honors at the strike-plagued Golden Globe Awards on Sunday in a bare-bones news conference that lacked the usual Hollywood glamour.
It's that time of the year again, when Germany's trade unions traditionally put their wage demands on the table for the opening rounds of the annual ritual that is called "collective wage bargaining". And, with the economy growing at a robust pace still and with corporate profits on the rise, the voice of the unions is getting louder again. We've already had some taste of strike this season. Is there more to come?
Hollywood's striking writers scored two victories on Monday by forcing Golden Globe Awards sponsors to cancel their traditional star-studded telecast and by reaching a deal to put writers back to work at Tom Cruise's film company.
Here at CES mega digital distribution deals are making headlines. Back in LA, the big news is still the writers strike--and surprise, the big news in both Las Vegas and Los Angeles are totally entwined. The writers are striking to get a bigger chunk of the revenue from the very digital deals announced at CES.
The late night shows had their second night return to the airwaves and the networks are glad they are back after the two month hiatus. Their first night brought whopper increases in ratings--Nielsen reporting that Jay Leno, who returned without his writing staff, had his best ratings in years, 47 percent higher than his pre-strike average.
A Republican, a Democrat and two bearded hosts walked into a TV studio last night ... and so did Robin Williams, Bob Saget, Emeril Lagasse, Chingy, Helio Castroneves and three clean-shaven funnymen as the late-night TV universe tried to right itself two months into the writers strike.
Happy 2008! I'm back from my travels and have spent the day reading up on all the news I missed while away (though news of Benazir Bhutto's assassination was everywhere, the international press doesn't follow Hollywood labor negotiations as closely).
With Detroit essentially shut down for the week between Christmas and New Year's, it's a good time to step back and hand out "The Rodneys": The car and auto brands that -- taking a note from comedian Rodney Dangerfield -- don't get enough respect, according to you, the reader.
With Detroit and much of the auto industry shut down this week and gearing up for the Detroit Auto Show next month, I thought it would be a good time to take a few minutes and share my Christmas wishes for the auto world. I hope Santa brings you everything you want.
My blog about the difficulties in nailing down an interview with the head of the Writers Guild of America West, Patric Verrone, was posted in the nightly press release from the AMPTP! After that release went out, I heard from the WGA East in a New York second. Why, the WGAE asked, hadn't I requested an interview with its President, Michael Winship? He would happily accommodate me.
What you don't see on CNBC-TV are all the calls, meetings, emails, etc, initiated by reporters and producers and bookers and anchors, all trying to convince people to come on our air. I've been going 'round and 'round for a week to get the head of the Writers Guild of America West, Patric Verrone, to come on our air for a live interview.
Hollywood is a funny business. But no one's laughing right now. Nominees for the Golden Globes have been announced, but the Hollywood Foreign Press Association--the group behind the Globes--has yet to get a waiver from the Writers Guild of America to let writers write the awards broadcast January 13th.
We're well into week six of the Writers' Guild strike, and I can say from first hand experience that it's creating quite a weird holiday season here in Hollywood. You can't buy a latte in Beverly Hills without a barista complaining about the fact that the picketing is dragging on.