I spoke to Kotick in an exclusive interview — he said Activision Blizzard's more modest projections for the current quarter were due to the timing of game releases. That lack of new games is one factor behind the 22 percent drop in game sales in April from a year ago.
A federal appeals court said it will rehear a DVR patent dispute between TiVo and Dish Network and EchoStar.
European data protection officials have sent a letter to Facebook, saying that "it is unacceptable that the company fundamentally changed the default settings on its social-networking platform to the detriment of a user."
Today is "Top Gun Day." Twenty four years ago this weekend, the Jerry Bruckheimer classic starring Tom Cruise hit theaters. Men's volleyball was never the same.
Here at the National Cable Show it's not just cable carriers — content companies are also here, discussing new ways to grow viewers (and ad revenue) and rolling out new technology to keep subscribers hooked.
After a long string of disappointing earnings results from the studio drew harsh criticism from CEO Bob Iger, it seems the business is back on track. "Alice in Wonderland" was the second-biggest movie Disney spacer has ever released, with the seventh-biggest global box office of any film.
After Disney reported its fiscal second quarter results I spoke exclusively with CEO Bob Iger, who is optimistic about what the company's results indicate about economic recovery.
Blockbuster "Alice in Wonderland" helped Disney beat expectations: every single division posted higher revenue, with revenue 6 percent higher than last year at $8.58 billion. Earnings per share of 48 cents beat analyst expectations, up 12 percent from last year's adjusted numbers.
The annual Cable Show starts this afternoon in Los Angeles and it could not come at a more momentous time for the industry.
The ongoing battle between corporate raider Carl Icahn and Lionsgate has yielded yet another update. The movie studio issued a release saying that its shareholders rejected Icahn's offer to buy the company's common shares for $7 per share.
The Twittersphere erupted with protest when it appeared that users are following zero other people on Twitter and have 0 followers. Twitter quickly explained that it's fixing this glitch.
The next three months are without a doubt Hollywood's most important season, generating an average 42 percent of annual box office. And this summer promises to generate the biggest U.S. box office on record — we could see over $4 billion dollars in tickets sold.
Today Federal Communications Chairman Julius Genachowski laid out plans to establish the FCC's authority to regulate broadband. Genachowski wants to ensure an "open Internet" and prohibit "unreasonable discrimination" by broadband providers against certain websites. He's not issuing laws or mandating so-called net neutrality today -- at this point he's simply looking to secure the commission's direct authority.
What a difference a year makes." That's how Sumner Redstone, chairman of CBS kicked off the company's first quarter earnings call.
Time Warner CEO Jeff Bewkes was upbeat on the company's first quarter earnings call - his strategy of stripping out extraneous businesses and focusing on creating value through content seems to be working.
Video game marketing, which frankly has been stale for several years, finally has its home run. Actually, make that its perfect game success.
The phenomenal success of Avatar and strong performance at the cable networks helped grow the company's revenue 19 percent over last year to $8.8 billion.
Time Warner's stock is trading near an 18 month closing high ahead of its quarterly earnings report tomorrow morning.
Avatar's record-breaking performance — $2.7 billion in ticket sales worldwide, more than any other film (unadjusted for inflation) — should give 20th Century Fox record results.
The networks consider this a crucial month not just for Sweeps, but because it's a crucial time to snag eyeballs and ad dollars as the season wraps up, before TV viewing drops during the summer.
AT&T wants to buy Time Warner, but Too bad the deal doesn't make much sense, Recode argues.
Amid news that telecom giant AT&T is in advanced talks to buy Time Warner, one media heavyweight said it would not be a decision he would make if he were AT&T.
The deal could be "well north" of $90 a share, sources say.
AT&T Inc has reached an agreement in principle to buy Time Warner Inc for about $85 billion, sources said on Friday.
The "Fast Money" traders weigh in on media stocks amid merger talks between Time Warner and AT&T.
Peter Chernin, Chernin Entertainment chairman and CEO and former News Corp president, speaks to CNBC's Jon Fortt about the potential deal between AT&T and Time Warner, and the current media landscape.