*Revenue falls 6 pct to $7.08 bln vs est. Feb 10- Time Warner Inc, the owner of cable channels CNN and HBO and movie studio Warner Bros, reported a steeper-than-expected 6 percent drop in quarterly revenue, hurt by a lack of hit movie releases and a strong dollar. Revenue at Warner Bros fell 13 percent to $3.3 billion.» Read More
The fall TV season starts this week and this year it'll be easier than ever to find all that content online-on Hulu. I sat down with Jason Kilar, the CEO of the two-year-old startup to hear where he thinks the company-and the industry-is headed next.
This is familiar terrain for Oliver Stone: his father was a broker, and his 1987 film, “Wall Street,” became emblematic of an era of excess. Now he is here to make a sequel, to capture greed on celluloid all over again, set against the backdrop of the financial collapse.
Hollywood is still reeling from the news that Disney is acquiring Marvel Entertainment and all the other media giants are trying to figure out what this means for their businesses and what other acquisitions it will prompt. One Hollywood insider who works for a rival said with a shudder: "Disney's always been an 800 pound gorilla, but now its power with retailers like Wal-Mart is going to be out of control."
Mickey, meet Iron Man. Today Disney announced it's buying Marvel Entertainment for $4 billion in cash and stock. I've reported on the fact that Disney has plenty of cash on hand for an acquisition, but the announcement still came as a surprise. But upon closer inspection The Hulk and Goofy have more in common that you might think.
Some love Mickey--Mouse that is. Others worship Mickey-- as in Mantle. But to make a profit off of your passion, you have to know what you’re doing.
The growing demand for vintage apparel has produced a surge of collectors on the prowl for pieces that reflect the craftsmanship and one-of-a-kind flair of a bygone era— not to mention the potential for investment returns.
Against the backdrop of a fast-changing, competitive media business, today Comcast and other cable television operators won a small victory, setting the stage for consolidation.
"Twilight" is a true multi-media phenomenon. The best-selling book series spawned a low-budget runaway hit movie, grossing nearly $400 million worldwide. The sequel is set for an October release with more films in the franchise in the works. But why make obsessed teen girls wait and risk the brand losing steam?
In an innovative push to protect cable subscription revenue Time Warner Cable has rallied content providers to launch a password-protected online access system for subscribers.
TiVo defines the digital video recorder business-- the company name has become a verb, which says a lot.
Schwarzenegger is pushing exposure for a Twitter-powered forum, that pulls in all Tweets tagged with #MyIdea4CA, for Californians to share ideas, comment, and vote on ways to change the state and help it through the budget crisis.
Viacom's, Paramount just announced a partnership with DVD-rental company Redbox, becoming the third studio to make a deal with Coinstar's company that rents $1 DVDs through 17,000 kiosks around the country. This is far more than a simple DVD distribution deal, this is Paramount taking sides in what's become a pitched battle in Hollywood. The question now is which side Disney comes down on, it's one of the last players who hasn't picked sides.
Since the news broke that Paramount is delaying the release of its Martin Scorsese thriller "Shutter Island" from October until February, I've talked to a lot of Hollywood insiders about what this says about Paramount's weakness. I've also heard plenty of rants about how this delay speaks to exactly what's wrong with the hundreds of millions of dollars spent every year on movie marketing.
Most of the videos YouTube is most famous for -- the wild animal battle at Kruger National Park, the skateboarding bulldog-- haven't been monetized until now. I just broke the news that YouTube is rolling out its partner program to include uploaders of viral hits. YouTube's partner program strikes revenue-sharing deals with the site's regular uploaders of popular content. But many of the site's most popular videos are one-hit-wonders, and now YouTube as well as the uploaders will be able to cash in.
Remember the widow who was selling her husband's crypt, which just happened to be above Marilyn Monroe's? It sold on eBay for a cool $4.6 million. Then the winning bidder panicked when he saw the bill!
It seems like every day there's more news about the demise of print; Readers Digest is the latest storied publication to file for bankruptcy. So that's why I thought it the press release I received this morning detailing a new publication from the Observer Media Group was either a mistake or a joke.
Almost 48 years after it was first published, “Mastering the Art of French Cooking” by Julia Child is finally topping the best-seller list, bringing with it all the butter, salt and goose fat that home chefs had largely abandoned in the age of Lipitor.
Dow Jones is reportedly shopping around its stock market indexes, working with Goldman Sachs to investigate finding a joint venture or a flat-out buyer.
To fanboys across the country today is "Avatar Day": 20th Century Fox is giving a free, sneak peek at 16 minutes of James Cameron's much anticipated film. The movie doesn't come out until December 18, but needless to say, there's already incredible buzz.
A-list movie stars have long been measured by their ability to fill theaters on opening weekend. But never have so many failed to deliver, resulting in some rare soul-searching by motion picture studios about why the old formula isn’t working — and a great deal of anxiety among stars (and agents) about the potential vaporization of their $20 million paychecks.
Rick Munarriz from The Motley Fool explains why Disney's shares fell despite posting strong Q1 earnings.
The book, based on the stage play, "Harry Potter and the Cursed Child," will be published this summer.
Disney has tapped one of Broadway's freshest talents to direct one of its most anticipated musicals, "Frozen."
Discussing pressure on media stocks Viacom and Disney, and whether to bet on each company's pipeline, with Tuna Amobi, S&P Capital senior equity analyst.
Brian Wieser, Pivotal Research Group, weighs in on Disney's earnings and shares his thoughts on the outlook for the company.
Super Bowl 50 saw a host of studios air new footage from 2016’s most-anticipated films.