Disruptive technology and changing viewing habits shift assessment of cable and satellite TV. Financial Times reports.» Read More
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.
Sony spent $60 million dollars acquiring the rights to the last footage of Michael Jackson and now it has a plan to get its money worth.
These days anyone with an iPhone is a citizen journalist. And that makes the Southeastern Conference, which has a $3 billion plus, 15-year contract with CBS and ESPN very, very scared.
The battle between video rental kiosk business Redbox and the movie studios is heating up. Redbox, which is owned by Coinstar is suing Time Warner's Warner Home Video, which has the biggest DVD business in the industry. The issue: Warner Bros. is effectively banning Redbox from renting its DVDs for 28 days after they go on sale.
As expected NewsCorp's MySpace announced today it's buying social music service iLike, the most popular music service on all social networks.
What would you do to pay off your mortgage? One woman in Beverly Hills is selling her husband's crypt, which just so happens to be above Marilyn Monroe's, on eBay.
Privately-held, debt-laden MGM announced some major management changes. CEO Harry Sloan is out, having taken the job soon after the studio was brought private in 2005 for $2.85 billion by Sony and Comcast, along with private equity firms Texas Pacific Group, DLJ Merchant Banking Partners, Quadrangle Group and a unit of Credit Suisse.
Cox Communications has made it no secret that it's open to selling a majority stake in Travel Channel Media and my sources tell me bids for the cable channel are due tomorrow.
Nielsen boxes are dinosaurs and despite Nielsen's expansion, the media and advertising business want to have a better sense of how and where people consume content. Sources tell me a major partnership is in the works.
Music fans around the world have a love-hate relationship Ticketmaster, which provides a seemingly infinite variety of live events, at a cost. Now the company is feeling the impact of the recession.
Finally there's progress in Hollywood's push to enter China. The WTO issued a 460 page ruling that demands that the Chinese government ease its restrictions, and among other things allow U.S. content companies to work with any distributors, not just those controlled by the government.
In Hollywood when something works, everyone jumps on the bandwagon. This summer that proven trend is movies based on toys. Now Warner Bros. is trying its hand at turning the beloved Lego brand into a movie. Lego has turned down several movie ideas in the past, but now it's agreed to work with Warner Bros. which is developing a family-friendly comedy adventure, that's a mix of live action and animation set in the Lego world.
Score one for the movie studios in their ongoing battle to fight digital piracy and protect intellectual property.
The battle between the ad giants and the tech giants - Microsoft and Google - is really heating up. Publicis spacer, one of the world's biggest ad agencies, shelled out $530 million for Microsoft's interactive Razorfish.
Lionsgate wowed Wall Street with higher fiscal first quarter results than the same quarter last year that easily beat Wall Street Estimates.
Though Facebook and Twitter service seems to be up and running after the two social sites struggled with a denial-of-service attack yesterday, the battle isn't over yet.
The push for 3D in theaters is growing fast. Now the porn industry is pushing 3D to homes.
CBS Corp stock traded up after hours on CEO Les Moonves' optimism about recovery after the company released earnings that suffered from the advertising recession.
Apple's first original show, "Vital Signs," will star rapper and Beats Electronics co-founder Dr. Dre.
Nomura tech analyst Anthony DiClemente explains why Netflix still maintains its real leverage on global media.
Disruptive technology and changing viewing habits shift assessment of cable and satellite TV. Financial Times reports.
NEW YORK— New York City police say a Brooklyn man caught on camera waving what appeared to be a handgun behind a television reporter during a live broadcast has been arrested. Police say Khanukov waved the weapon-like object while standing behind a WNBC-TV reporter during a live broadcast in front of Brooklyn Supreme Court. It happened Wednesday afternoon as...
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.