Anthony DiClemente, Nomura senior analyst, discusses the future of ESPN and standalone brands.» Read More
In August, Arkansas businessman John Rogers bought one of the famous Honus Wagner cards for $1.62 million. It was only months ago and the economy certainly hasn't made things better. So we were confused when Rogers put it up for sale on eBay...
National Amusements is weighing selling its theater chain to generate the cash to pay its debt, but Shari is opposing the sale of the theaters, pushing Redstone to consider selling other assets.
At a Modell’s I visited this morning, they had a special that advertised NFL replica jerseys– regularly $79.99– at $29.99 and $39.99. It was on select jerseys, but the special was supposed to be on Fridays and Saturdays. It, of course, was a Thursday.
With the Screen Actors Guild leadership pushing for its members to vote to authorize a strike, Hollywood has been buzzing about how bad another work stoppage would be for the industry at this already precarious economic time.
If you think you have a special skill for predicting the box office, you may be in luck. People have speculated about movie performance for decades, but now an investment firm is working on launching an *actual* market for trading domestic box office futures.
Sumner Redstone has to repay $800 million in debt by December 19. With just a few weeks left to go, he's in the midst of negotiations to restructure the $1.6 billion in debt held by his private National Amusements, which Redstone's daughter Shari Redstone runs.
In 2009, media faces a perfect storm—transitioning to a challenging new digital world and a weak economy of unprecedented proportions. Media giants will continue to move from traditional content distribution models to anytime, anywhere, content-on demand.
GM insists discussions had started earlier in the year, but it seems like more than just a coincidence that just as GM is slammed for overspending (i.e. on those private jets) it's very publicly dropping its high-paid spokesperson.
The idea of a guild striking in this economic environment seems odd, to say the least. Doesn't everyone have more to lose? In Hollywood, after months of a standoff, an actors' strike seems more possible than ever.
A vampire is about to take the box office by storm and seriously boost the profile of independent studio Summit Entertainment. "Twilight," opening this weekend, is on track to bring in as much as $60 million at the box office this weekend.
Waxman will have sway when it comes to issues of intellectual property, broadcast indecency, and even the issue of how cable and telecom companies regulate data transmitted over broadband lines (aka. net neutrality).
In the midst of the financial crisis Netflix is busy transforming itself from a DVD-by-mail company to a true online content distribution service.
When it comes to the auto industry, there are more than just millions of auto-related jobs on the line. Billions of dollars in advertising—arguably the cornerstone of the industry—is at stake.
It's a big day for Netflix with the service going live on Microsoft's Xbox 360 platform. But there's one big thing lacking and you can thank the heated rivalry between Sony and Microsoft for it and I'm getting an earful from some of you.
I've blogged extensively about how the industry-wide decline in advertising is hitting TV networks. Now we're in November sweeps and the networks are developing scripts for next year and we're starting to see TV networks find ways to cut back.
Immelt's interest in expanding GE's media stake comes as the company may have such an opportunity. Vivendi, which owns 20 percent of NBC Universal is nearing its annual window, which starts November 15, to exercise an option that would force GE to buy back that 20 percent stake.
James Bond always manages to race in, driving an Aston Martin, to save the day. This weekend we're sure to see 007 kill the box office. The latest in the Bond franchise, "Quantum of Solace", from Sony and MGM could be bigger than any other Bond film. Despite the global economic downturn it's already a huge hit overseas.
With a rising consumer interest in the fantasy sports marketplace (7% over the past five years in the United States and Canada), I wanted to focus on some of the key trends that will serve as discussion points over the next 1-3 years.
Hulu is the seventh largest site when it comes to total video streams, but unlike YouTube, Hulu is focused exclusively on professionally created TV shows and movies and distributing them to consumers with the ease and accessibility of channel surfing on your TV.
YouTube has been working to define itself not just as a destination for home videos, but also the go-to site for professionally-created TV shows and movies.
A professional poker player has sued a casino that claimed he won $9.6 million by cheating at baccarat.
Disney chief Bob Iger says ESPN may someday be sold directly to consumers. He also talked China and "Star Wars."
A popular UK attractions operator has issued a profit warning ahead of its interim results, after a rollercoaster incident at one of its theme parks.
PARIS, July 27- French telecoms tycoon Patrick Drahi, who already has stakes in newspaper Liberation and magazine L'Express, has reached a deal with the owners of BFM TV which will give him control over the leading French news-only TV channel. Weill and Altice will set up a new holding company in which Weill will hold a 51 percent stake and which he will chair, but...
Anthony DiClemente, Nomura senior analyst, discusses the future of ESPN and standalone brands.
Robert Iger, The Walt Disney Company CEO, discusses how Disney is using tech to innovate its products and obtain an advantage. Also Iger shares his thoughts on keeping a diverse board, Disney's bet in China, and Apple's comeback after the death of Steve Jobs.