Sept 2- DreamWorks Studios, the film company co-founded by Steven Spielberg, will split from Walt Disney Co after the release of his film, "The BFG," the Hollywood Reporter said, citing people familiar with the matter. Disney Studios signed a long-term, exclusive film distribution agreement with DreamWorks Studios principals Steven Spielberg and Stacey Snider...» Read More
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.
Disney reported its fourth quarter and full year earnings after the bell Thursday, and Wall Street has been trying to sort out the economic impact on the media giant, which so far has performed much better than its peers through the downturn.
The hack of Sony Pictures last year was not behind the recent slump in the electronics giant's movie business, Sony's CEO told CNBC.
Netflix makes its first foray into Asia with its Japan launch this week, the FT reports.
A report from Variety says the company could have big plans for original content. Abhey Lamba, Mizuho Securities USA, weighs in whether the company could potentially be spread too thin.
Streaming video services invest in original programming to get exclusive content and more revenue.
Akamai is no stranger to delivering content to OTT devices, so is there a future opportunity with its existing client Apple? Tom Leighton, Akamai Technologies CEO, discusses getting faster, higher quality and safer TV content.
Hulu is announcing it's offering a commercial-free subscription option for $11.99 per month, reports CNBC's Julia Boorstin.