Academy Award winner and humanitarian, Angelina Jolie Pitt is set to join the London School of Economics as a visiting professor. » Read More
Time Warner beat Wall Street expectations and swung to a fourth quarter profit of 55 cents per share on higher revenue of $7.32 billion.
Comcast may be the nation's largest cable operator, but it's the growth of other parts of its business — it added more Internet and phone subscribers — that drove growth last quarter.
Rupert Murdoch's media giant surprised Wall Street with earnings and revenue that beat last year's numbers and surpassed Wall Street analyst expectations.
You'd think with ten nominations for Best Picture this year, the Oscars would've found room for a film which killed at the box office—a suspenseful movie with a complex but understandable plot, great acting, writing and unbelievable casting.
News Corp reports its fiscal second quarter earnings after the bell Tuesday and as analysts release a long string of positive reports and upgrades, buzz is building.
The Academy doubled the number of nominees for best picture to 10. No surprise "Avatar", "The Hurt Locker", "The Blind Side", "Precious", Inglorious Basterds and "Up in the Air" were on the list.
The science-fiction sensation "Avatar" and the war-on-terror thriller "The Hurt Locker" lead the Academy Awards with nine nominations each, including best picture and director for James Cameron and ex-wife Kathryn Bigelow.
Sony Pictures Entertainment is feeling the pinch of online piracy and the decline of DVD sales. The movie studio announced on Monday that it will lay off 450 employees, or 6.5 percent of its workforce, and also plans to close 100 open positions. It will start handing out pink slips in March.
While singers brought home plenty of awards from the Grammys last night, the biggest winner was CBS. The network scored its highest ratings in six years — preliminary Nielsen ratings show a 35 percent increase in viewers to 25.8 million viewers.
The Grammy Awards are shaping up to be a showdown between four powerful women -- Beyonce, Taylor Swift, Lady Gaga, and Fergie from the Black Eyed Peas.
The Super Bowl isn't just about football; it's the biggest advertising event of the year with 100 million viewers tuning in. Ad prices are watched as a key indicator of the health of the ad market.
Hollywood had a huge year in 2009: the box office hit an unprecedented peak and ticket sales reached highs they haven't seen since 2004.
How appropriate that AT&T's earnings were released the morning after Apple's big introduction of the iPad. AT&T is riding high thanks to its exclusive deal with Apple's popular iPhone.
CNBC's parent, NBC Universal and cable giant Comcast are trying to convince the Federal Communications Commission to approve their planned merger -- today filing a merger application and public interest statement.
The nation's second largest cable company reported results that were better than last year and better than expected, also announcing a quarterly dividend.
The online DVD rental giant, Netflix, continued its strong run and shares rose after hours. Not only is Netflix growing subscribers — up 31 percent from a year ago — but also it's growing the number of people who watch streams online. When I interviewed CEO Reed Hastings at CES earlier this month, he stressed that Netflix's future is all about digital distribution.
The sheer cost of the health care plan seems to have scared the independent voters in Massachusetts. America has not fallen in love with Republicans. They have fallen out of love with lofty speeches, ambitious goals, and the "establishment" and will vote anybody out of office who gets in the way.
The news is out, Apple's iPad will compete with e-Readers, portable game devices, and it will create a whole new category of portable video players. The good news for content creators is the fact that it'll sell for $499.
Levinson has not had a big hit like "Rain Man" in quite awhile, but he will reportedly be taking on the topic of bigness in the new GlaxoSmithKline-funded documentary about obesity. GSK makes the over-the-counter diet drug Alli.
Last week on "30 Rock" Tina Fey's character decides to blame an imaginary character "Dale Snitterman" for everything, from gross food in the cafeteria to the pressing need to work until late at night.
Academy Award winner, Angelina Jolie Pitt is set to join the London School of Economics as a visiting professor.
Decisions by Twitter and YouTube to stream sports online may push more consumers to “cut the cord” of their television service.
Spotify lost more money in 2015. And its managers and investors are probably very happy. Recode reports.
AMSTERDAM— Apple CEO Tim Cook said Tuesday that apps are the future of television and that the company wants to help change the entertainment industry. Cook was speaking at a meeting of tech and other startups in Amsterdam, two months after Apple announced software enhancements for its TV system, Apple TV, and knocked $50 off the price of its smart watch.
As networks struggle to find shows that click, they're leaning heavily on what's worked in the past.
Surprising companies are stepping up to spotlight women athletes, who get only 4 percent of media coverage.