Dead in the water: box office futures trading, years in the making, won't even launch. That's what Cantor Exchange is saying after securing approval from the Commodities Futures Trading Commission for its box office revenue derivatives.
Twilight Saga: Eclipse is on track for a huge opening Wednesday, and along with Summit, the studio behind the series, a slew of marketing partners are hoping their investment in the movie pays off.
Lionsgate stock gained 3.9 percent today as it was added to the Russell 2000 index, effective as of the end of trading. The company's shares finished the week at $7.27, which is notable, considering that Carl Icahn's tender offer is priced at $7 a share. Icahn controls 31.8 percent of shares (as of his tender deadline last Wednesday).
One year ago, they flooded Los Angeles and Santa Barbara by the thousands. They came from around the world—Michael Jackson fans devastated by his sudden death. The morning after he died, I reported from his star on the Hollywood Walk of Fame. People were ten deep huddling around that small spot. Traffic was a mess, as it was near the family home in Encino and up near Jackson's Neverland Ranch. Today, not so much.
The movie studios are celebrating a ban on box-office futures trading that was included in the final financial reform legislation. At about 1 am eastern a House-Senate conference committee agreed to adopt the Senate's language banning the trading of derivatives based on box office revenue.
Questions of online privacy and security are front and center again today as Twitter settled Federal Trade Commission charges over privacy breaches. The settlement resolves the FTC charges that lapses in the company's data security program allowed hackers to take control of Twitter, accessing tweets designated private, and sending phony tweets from the likes of Barack Obama and news outlets.
Blockbuster stock struggled Thursday, falling more than 12 percent at one point, now hovering around a quarter. As the company struggles to find a solution to deal with its looming debt and struggling business model, it added a dissident shareholder to its board of directors.
As the latest Twilight film, "Eclipse", prepares to take the nation by blood-drenched storm, marketing types are working overtime creating tie-ins, no matter how flimsy.
A judge granted Google's YouTube motion for summary judgment in Viacom's copyright lawsuit against the online video giant. Viacom filed a $1 billion suit against YouTube back in March 2007.
I caught up with Twitter co-founder Biz Stone at Microsoft's launch of its Bing Entertainment search service.
Microsoft literally went Hollywood Tuesday night, unveiling its new "Bing Entertainment" search service to a star-studded audience at a private West Hollywood club.
Dish stock dropped 3.75% and Disney shares slid over 2% Tuesday as the companies battle over compensation for Disney/ABC's high def channels.
Organized crime has been the subject of some of the greatest films ever made, from "Little Caesar" to "The Godfather" and "The Departed." How much do you know about mob movies? Take our quiz and find out.
Shares of Netflix continue to slide Tuesday after falling over five percent Monday following a critical Barron's article.
As Lionsgate battles Carl Icahn's takeover attempts, the studio has secured a waiver from its lenders, led by JP Morgan Chase, removing the risk of default.
The next four episodes of Discovery Channel’s “Deadliest Catch” document in grueling detail the death of Capt. Phil Harris, a skipper who braved the Bering Sea each winter for both Alaskan king crab and a popular TV show. The NYT reports.
Disney/Pixar's "Toy Story 3" blew past expectations and brought in $109 million at the US box office. Sixty percent of the movie's gross was from 3-D screens, which charge $3 more, on average, per ticket. The question is, what impact will this movie really have on Disney and other studios?
Welcome back, Woody and Buzz. After a decade-plus absence from theaters, the animated heroes of "Toy Story 3" sold $153.8 million worth of tickets during their opening weekend at the worldwide box office, according to estimates issued Sunday by distributor Walt Disney.
"Toy Story 3" opens across the U.S. today on a record-setting number of 3-D screens. Now theater chains, Disney, and even its rival studios are anxiously hoping for a hit to turn around a weak summer box office: U.S. ticket sales are down over 6 percent since early May. Analysts
Today AOL made it official: it's sold Bebo to Criterion Capital Partners. After buying the social network for $850 million in March 2008, the company said in an 8K SEC filing today "it will treat the common stock of Bebo as worthless." While that may be a big win from a tax perspective — the company expects to record a $275 million to $325 million tax benefit in the second quarter — it acknowledges a total disaster.
Emergency crews say four adults were killed in Australia after a water ride malfunctioned.
Authorities say the Thunder River Rapids ride "malfunctioned," throwing two of the people from the ride and trapping two inside.
J.Y. Park, artist, producer and chairman of JYP Entertainment, discusses the evolution of South Korean pop culture and how Korean pop music is breaking into the U.S.
But tweaking the North American Free Trade Agreement, as Hillary Clinton has pledged to do, or ripping it up, as Donald Trump demands, may do nothing to help companies like Element Electronics Corp, which owns America's last television factory. Winnsboro, South Carolina- based Element, and the television industry more broadly, offer a window into the complexity of...
AT&T needs content, but Time Warner's wealth of series and movies shows it didn't need distribution help.
The executive was known for helping companies like Discovery Communications and HBO expand their digital presence.