After a disappointing Memorial Day weekend, Hollywood is still waiting for hit movies to energize ticket sales and box office receipts, reports NYT.
The fact that broadcast networks (and NBC in particular) are investing heavily in expensive content is appealing to advertisers. The networks have introduced 38 new shows, and 36 of those are scripted.
ESPN 3D's launch Friday with World Cup coverage marks the beginning of a whole new 3D advertising business. The channel announced it's launching with 3D commercials from Disney/Pixar's Toy Story 3, (corporate synergy), plus Sony and Gillette.
The 400 amusement parks in the U.S. generate some $12 billion in annual revenue from more than 300 million annual visitors. Last year North American parks saw a one percent decline in attendance, but discounting prevented attendance from falling off further.
Sources tell me that ABC has finished its final upfront ad deals, and has secured 8 percent to 9 percent ad rates over last year. I don't have any details on the percentage volume increases ABC secured, but Disney's network has certainly sold closer to 80 percent of its inventory than the 65 or 70 percent the networks sold on average last year.
Big news from Take Two Interactive—it's sold five million copies of "Red Dead Redemption" since its May 18 debut. This blows away all projections: analysts expected the company to sell some three million copies in the entire quarter and up to five million copies for the rest of the fiscal year.
The U.S. Patent and Trademark Office issued a ruling against TiVo, over its rights to patent technology in the middle of a legal battle with Dish Network and EchoStar.
Whitney Tilson of T2 Partners on why the oil company is his latest long position.
Netflix CEO Reed Hastings took the stage at the Apple developers conference to announce that he and Steve Jobs are bringing Netflix to the iPhone.
A ray of light for movie theaters struggling with a weak summer box office: Cinema ads are on the rise. The Cinema Advertising Council released a new report on movie theater ads.
Advertising industry insiders tell me that Fox should wrap up its ad sales today and all the networks could complete their Upfront sales in a week. That's weeks earlier than the July 4 date expected, and months earlier than last year.
In response, Zuckerberg addressed the issues without being defensive, reiterating that he wanted Facebook to help people share and stay connected, the message he told me last week after announcing the new privacy settings.
Today AT&T announced a big change in how it's charging for data—dropping unlimited, flat-fee plans, in favor of tiered pricing. This is a major shift, which should have rippled throughout telecom, and even into cable.
Tuesday afternoon Lionsgate issued its fiscal fourth quarter and full-year earnings results, following on the higher EBITDA earnings it pre-released five weeks early in the heat of the battle with Carl Icahn.
Hollywood's strong box office run so far this year came to a screeching halt Memorial Day weekend, as movies' theatrical performance fell off a cliff.
The huge expectations for "Sex & The City 2" are truly a testament to the power of the female consumer. And that means a range of consumer product companies are waiting to cash in on the film's debut this weekend.
Dennis Hopper, the high-flying Hollywood wild man whose memorable and erratic career included an early turn in "Rebel Without a Cause," an improbable smash with "Easy Rider" and a classic character role in "Blue Velvet," has died. He was 74.
The back lot is a favorite of tourists taking the Universal Studios tour — a tour that suffered a loss when the famous "Back to the Future" Clock tower set was damaged by flames. But the new back lot has a lot more to do with building a new destination for TV and movie productions than keeping tourists happy.
Mr. Cowell’s exit is the biggest material change in the eight-year history of the show. Many people credit him — a caustic, cocky judge — with making “Idol” into America’s most popular reality show and a profit center for the Fox network, and some critics are questioning how compelling the show will be without him.
Studios used to slavishly target young males, considered the holy grail of a blockbuster movie openings. Now aspirational, stylish women have joined those ranks — they're already buying tickets to Sex & The City 2, which opens at 12:01 am Friday morning.
Movie theaters are no longer a place for crackling food wrappers and soft drink slurping, thanks to this chef.
Twitter, Volkswagen and JM Smucker are making waves on Wall Street this morning before the opening bell.
Chinese billionaire Wang Jianlin is in talks to purchase Dick Clark Productions, its owner says.
NEW YORK, Sept 27- Some 80.9 million Americans watched the first, raucous, U.S. presidential debate between Democrat Hillary Clinton and Republican Donald Trump on television, smashing a decades old record for such events, CNN said on Tuesday. The figure includes the approximately 45 million who watched the 90- minute debate on the four main TV networks, as well as...
NEW YORK, Sept 27- Some 80.9 million Americans watched the first U.S. presidential debate between Democrat Hillary Clinton and Republican Donald Trump on television, setting a new viewer record for such events, CNN said on Tuesday. The figure includes the approximately 45 million who watched the 90- minute debate on the four main TV networks, as well as millions...
"Fast Money Halftime Report" trader Pete Najarian discusses unusual options trades in Grupo Televisa.