One of the advantages of being the CEO of Disney is getting to watch "Star Wars: Episode VII - The Force Awakens" before the world gets to see the film...» Read More
The big news: the company has taken the financial and strategic decisions in order to split the businesses, enabling them to sell the parts.
Time Warner said it would split AOL's dial-up Internet and advertising businesses into separate divisions by early 2009, a move that could ease a sale or merger of either business.
News Corp's fiscal fourth quarter earnings beat analysts estimates, thanks to strong DVD sales, higher licensing fees for cable networks and the sale of the company's stake in Gemstar-TV Guide International.
Marvel Entertainment's second quarter came in solid, posting a 60 percent increase in net income, and raising its full-year forecast on the boffo performance of "Iron Man" and "The Hulk".
News Corp reports earnings after the bell and the big questions are: how are its advertising-reliant assets weathering the ad downturn? And is CEO Rupert Murdoch delivering adequate return on investment?
It's late Sunday night and I've got a very tired 7-year-old boy in the back seat of my car. Driving home from the media screening of the upcoming "Star Wars: Clone Wars" animated feature due in theaters Aug. 15.
It's now been a month since the Screen Actors Guild's contract with the producers association (the AMPTP) has expired. Actors are working without contract, and the movie studios have been holding back film production, not wanting to be shut down by more labor conflict.
CBS reported a 1.1% increase in second-quarter net income and .6 percent growth in revenue over the year ago quarter. But the stock traded down on the news, Wall Street focused on CBS' outlook, which is increasingly negative, revealing greater weakness in advertising markets.
The company's media networks division grew 8 percent with its cable networks driving the company's growth. ESPN's profit grew nine percent, and revenue up more than 10 percent, as the company brings in higher revenue and higher cable affiliate payments.
Disney reports after the bell today, and Wall Street's expecting revenues of $9.1 billion, up one percent from a year ago, and projecting earnings up 5 percent to 61 cents per share.
Viacom's second quarter results beat Wall Street estimates-- coming in at 64 cents per share (for earnings from continuing operations) on revenue of $3.86 billion, compared to Thomson's projected earnings of 58 cents a share on $3.55 billion in revenue.
The big question: in this economic environment can cable ad sales hold up? Pressure is on: In May, Viacom CEO Philippe Dauman lowered the company's second quarter cable ad growth forecast to between three and four percent from its previous projection of seven percent
Thursday Clear Channel Communications shareholders voted to approve the company's sale to a group of private equity investors, led by Bain Capital and Thomas H. Lee Partners. Friday the company said a quick tally of votes indicated that 97 percent of the shares voted were in favor of the transaction.
Today I'm blogging from ComiCon, the 39th annual comic book convention; it's sold out and tickets are being scalped online for over 400 dollars. This year 125,000 fans are expected to hit the San Diego Convention Center for four days of fanboy heaven.
With the advertising industry feeling the crunch of the economic downturn and with more demands for accountability, there's no question that digital advertising is where money is going.
Recently I blogged about Merck advertising its cervical cancer vaccine Gardasil to a captive audience during trailers for the "Sex and the City" movie.
This morning at the Fortune Brainstorm conference Viacom CEO Philippe Dauman and Verizon CEO Ivan Seidenberg took the stage to be interviewed by Fortune Magazine Managing Editor Andy Serwer.
This is all great news for Warner Bros. and its parent company Time Warner. The studio faltered with high-budget "Speed Racer," which bombed at the box office. It bounced back with megahit "Sex and the City", which exceeded all expectations.
Forget the analysts. Forget the NPD sales figures. Forget the CEO’s. I live with the ultimate expert on the video game industry—my 16-year-old son. He not only plays video games, he watches every show about them on G4, he participates in chat rooms about them on the internet, he competes in a variety of games on a variety of platforms.
The movie's Friday haul surpassed the previous record of $59.8 million set last year by "Spider-Man 3." "The Dark Knight" also might break the opening weekend record of $151.1 million posted by "Spider-Man 3."
NEW YORK— Lifetime TV's "The Balancing Act" will feature several touring Broadway shows this summer, including behind-the-curtain peeks on "Kinky Boots,"'' Rodgers+ Hammerstein's Cinderella, "'' If/Then" and "Cabaret." The series, sponsored by Broadway Across America, is the second time "The Balancing Act" has taken interest in Broadway shows. There are many, many outlets...
LOS ANGELES— For years, Bill Berloni has taught his dogs to play make believe. The trainer teaches rescue dogs to beg, bark and bow or sit, stand and shake for movies, TV and the Broadway stage. Berloni's stable of stars— all found from shelters— have appeared in Broadway shows, touring companies, special events, the New York City Ballet, movies, television and commercials.
BOGOTA, Colombia— For weeks, billboards on buses and television spots have been announcing what promises to be Colombia's next big prime-time sensation. But the planned debut Wednesday of a TV soap opera dramatizing the life of Colombia's only Roman Catholic saint is shrouded in controversy after devotees of the missionary nun known universally as Madre...