Nov 25- U.S. film studio Relativity Media LLC is accusing its senior lender and two former executives of a secret plan to thwart its refinancing efforts, a factor that it said in court documents helped lead to its July bankruptcy filing. In a revised disclosure statement for its plan to exit bankruptcy, Relativity said lender Colbeck Capital Management...» Read More
Finally there's progress in Hollywood's push to enter China. The WTO issued a 460 page ruling that demands that the Chinese government ease its restrictions, and among other things allow U.S. content companies to work with any distributors, not just those controlled by the government.
In Hollywood when something works, everyone jumps on the bandwagon. This summer that proven trend is movies based on toys. Now Warner Bros. is trying its hand at turning the beloved Lego brand into a movie. Lego has turned down several movie ideas in the past, but now it's agreed to work with Warner Bros. which is developing a family-friendly comedy adventure, that's a mix of live action and animation set in the Lego world.
Score one for the movie studios in their ongoing battle to fight digital piracy and protect intellectual property.
The battle between the ad giants and the tech giants - Microsoft and Google - is really heating up. Publicis spacer, one of the world's biggest ad agencies, shelled out $530 million for Microsoft's interactive Razorfish.
Lionsgate wowed Wall Street with higher fiscal first quarter results than the same quarter last year that easily beat Wall Street Estimates.
Though Facebook and Twitter service seems to be up and running after the two social sites struggled with a denial-of-service attack yesterday, the battle isn't over yet.
The push for 3D in theaters is growing fast. Now the porn industry is pushing 3D to homes.
CBS Corp stock traded up after hours on CEO Les Moonves' optimism about recovery after the company released earnings that suffered from the advertising recession.
John Hughes, who passed away Thursday of a heart attack, brought Hollywood some of the most iconic and memorable movies of the 1980's.
The blogosphere is abuzz with complaints that Twitter service has been down for the past few hours, yet another indication of how addictive the fast-growing service is. What's wrong? No, not a service outage. Not even a "Fail Whale"
News Corp suffered from the economic downturn as expected, with revenue dropping to $7.67 billion. But what really hurt NewsCorp's quarter was $680 million in impairment and operating charges, mostly at MySpace's division, Fox Interactive Media.
Discovery Communications this morning reported that its earnings from continuing operations doubled from the year-ago quarter to 32 cents a share. Including a net tax gain of $46 million from selling half of Discovery Kids, earnings per share quadrupled.
Business has always been based on relationships. But now so many of those inter-personal interactions - cocktail parties, conferences, even hiring company meetings - can be replaced, or at least augmented, by virtual services. Trade all that handshaking for the click of a mouse and your network can expand beyond your backyard to the entire world.
Twitter's popularity is exploding; there are no official stats, but it has in the ballpark of 35 million users. So how can all this attention can be turned into profits? As of now the company has zero revenue.
Facebook isn't just a tool for college students to socialize. Now every demographic uses the website, making the service a key way for companies to reach consumers. What better way to target ads than with the information you give about yourself on your profile?
Social media - networks like Facebook and LinkedIn and communication services like Twitter- are more popular every day. But the next big thing in the social space is unlikely to be yet another network or gadget; instead it'll be developments that make the entire web social.
Universal Studios is hoping that its latest Judd Apatow comedy, "Funny People" will rule the box office this weekend.
The Washington Post Company reported that its quarterly earnings swung to a profit from a loss a year ago, but don't take that as an indication that newspapers are rebounding. The print journalism business is still suffering from the industry-wide downturn in advertising. It's also falling prey to a shift of newspaper readers from the paper to online, where they yield much less advertising revenue and for the most part, no subscription revenue.
Cost cutting and strong brands helped Disney moderate the effects of the downturn and beat analyst expectations. The weak ad market and slower consumer spending on everything from theme park extras to DVDs took their toll.
Walt Disney reported lower quarterly earnings that topped analysts' forecasts, but the company's shares declined in extended trading as its revenue missed predictions.
American designer Carrie Hammer made her mark at Shanghai Fashion Week with the models she used on the runway.
Sumner Redstone's ex-girlfriend has filed a lawsuit alleging he is mentally impaired and unable to make decisions, reports CNBC's Julia Boorstin.
Tim Leiweke, Oak View CEO, is launching a new venture for entertainment venues.
Nov 25- Tegna Inc, the broadcast and digital company that split from Gannett Co Inc earlier this year, has assembled a group of employees to make local broadcast television, including news, more interesting to a younger audience. The McLean, Virginia- based company is also trying to create more original programming and discussing ways to better integrate its...
The NFL has been talking about selling its rights for Thursday night games, reports CNBC's Julia Boorstin.
LOS ANGELES— If you're shopping for a TV, get out a tape measure and do some quick calculations before you head to the store. And count the number of gadgets you'll want to connect to your screen. If you're sitting far away, a regular HD set will be just fine— for $100 to $200 less.