I just broke the news that Disney has staked a serious claim in social gaming — it just finalized its acquisition of Playdom for $563.2 million. Disney could pay the social gaming company an additional $200 million if Playdom hits certain performance metrics over the next few years.
The Obama administration has engaged in a “consistent slamming of business,” IAC Interactive CEO and chairman Barry Diller told CNBC Monday.
As the fourth season of the AMC series “Mad Men” kicks off, some of the show’s fans are gearing up to play another round of a peculiar language game: trying to spot flaws in the meticulously constructed dialogue portraying 1960s Madison Avenue.
In what may be one of the more obscure tie-ins to the Lohan saga, the Insurance Information Network of California ran some numbers on what it might cost Lohan to legally drive in California.
The showcasing of “Salt,” which opens in theaters on Friday, struck many longtime conventiongoers as a tipping point.
The Milken Institute has released a report that finds that the flight of film and TV production from California has cost the state more than 36,000 jobs since 1997. That adds up to $2.4 billion in wages and $4.2 billion in total economic output lost in the past 13 years.
Fresh off its $4.2-billion acquisition of Marvel, Walt Disney has a lot riding on this year's trip to the Comic-Con International Convention. Although the acquisition brought perennial favorites like Iron Man and Spider-Man into its fold, one of Disney's biggest bets this year is on "Tron: Legacy," which will hit movie theaters in December.
The company's earnings may have grown profit 34 percent from a year ago, beating analyst expectations. But revenue fell just short of analyst forecasts and the company's average revenue per user declined 8 percent from the year-ago quarter.
Hugh Hefner wants to “reinvigorate the brand” he created by taking Playboy Enterprises private.
Starz – the premium cable network spacer - is teaming up with publisher Penguin Group to create a special electronic version of Ken Follett’s “The Pillars of Earth” – and delivering it all in an interactive eBook for Apple's iPad, iPhone and iPod Touch.
A key sign of relief for the struggling magazine industry: monthly ad sales for August magazines jumped 10 percent. Media Industry Newsletter just reported this jump in ad pages at monthly magazines — the first month of 10 percent year-over-year growth in nearly six years.
Cable companies and content providers have repeatedly battled over fees, with channels getting temporarily yanked from the air during negotiations. Today 31 video distributors are partnering to form the "American Television Alliance," to address the rules governing broadcast signals and the threat of blackouts. The group says it aims to "protect consumers in today's changing TV environment" — to keep their favorite shows from being collateral damage of negotiations, as when Disney pulled ABC off Cablevision's air right before the Oscars.
Looks like Mel Gibson is starring in "Lethal Weapon 5: The Mouth that Roared". Gibson's career was already on the ropes after his drunken, anti-Semitic rant during a DUI arrest in 2006. It appears, however, that he is an equal opportunity bigot. Can his career be saved?
Each of the executives we've spoken to this week has expressed some concern about the economy or deficit. But three big thinkers in the web space — Google's Eric Schmidt, LinkedIn founder Reid Hoffman, and venture investor Marc Andreesen — are taking a different, more pro-active approach to the issues.
The Allen & Company Sun Valley Conference is the biggest annual gathering of media moguls. See some of this year's Sun Valley power players.
Google CEO Eric Schmidt repeatedly emphasized to me in conversations at the Allen & Co. Conference in Sun Valley that he does not see the world as a zero-sum game. And he sees partnership opportunities even from perceived rivals.
In their own 'Private Idaho', the media moguls gathered here in Sun Valley attending the Allen & Co conference are on their own discovery and having plenty to say about the economy and government regulation and what it all means for the future of their industry.
Liberty Media Group Chairman John Malone is "quite concerned" about a lot of things ... even here in Sun Valley, where he and other media bigwigs are hobnobbing at the Allen & Co. confab.
Reid Hoffman, best known as LinkedIn's Chairman, is behind more social media companies than perhaps any other attendee at the Allen & Co. conference.
We caught KKR's Henry Kravis, American Express CEO Ken Chenault, News Corp's Rupert Murdoch, IAC's Barry Diller and New York Mayor Michael Bloomberg heading in for today's first panel on "The Future of Entertainment in the Digital Age."
Spending rose 130 percent year-over-year in 2016 in the "entertainment" category of the App Store, according to data from Sensor Tower.
Snapchat, known for its disappearing photo messages, is competing with traditional media for advertising dollars.
Unnamed sources told Axios that Jay Z, also known as Shawn Carter, will partner with venture capital firm Sherpa Capital.
Walt Mossberg, The Verge, weighs in on how some tech companies are trying to revolutionize television while consumers are streaming on mobile devices. He says, "TV is not there yet."
While tech companies let people view content on different devices other than TV, no one has "revolutionized" the medium, says Recode's Walt Mossberg.
Feb 22- U.S. satellite TV provider Dish Network Corp reported that it added pay-TV subscribers in the fourth quarter, while analysts were expecting the company to lose subscribers. Net income attributable to Dish was $343 million, or 70 cents per share, in the quarter compared with a loss of $125 million, or 27 cents per share, a year earlier. Revenue fell to $3.72...