The back lot is a favorite of tourists taking the Universal Studios tour — a tour that suffered a loss when the famous "Back to the Future" Clock tower set was damaged by flames. But the new back lot has a lot more to do with building a new destination for TV and movie productions than keeping tourists happy.
Mr. Cowell’s exit is the biggest material change in the eight-year history of the show. Many people credit him — a caustic, cocky judge — with making “Idol” into America’s most popular reality show and a profit center for the Fox network, and some critics are questioning how compelling the show will be without him.
Studios used to slavishly target young males, considered the holy grail of a blockbuster movie openings. Now aspirational, stylish women have joined those ranks — they're already buying tickets to Sex & The City 2, which opens at 12:01 am Friday morning.
The film brought in $71 million, dominating the U.S. box office as the fourth highest animated movie opening ever. But this fell short of projections, and the number of tickets sold was down 59 percent from the prior Shrek's debut weekend.
Today he announced he's extended his $7 a share tender offer for Lionsgate—for the third time. Instead of expiring this evening, his tender offer will now expire at 8 pm on June 1. This comes just days after Lionsgate and Icahn sat down for talks on alternative options, talks that don't seem to have gone anywhere.
Today DreamWorks' Animation's "Shrek Forever After" will open in over 4,300 theaters — more than half of them in 3-D. This, the fourth and last movie in the franchise, will be the green ogre's first venture into 3-D, and it should be a quite profitable one.
Google TV aims to eliminate the line between your computer and your television. It's designed to allow you to surf a range of websites and access online video from your couch.
Hollywood is in the spotlight in Washington D.C.: today the CFTC hosted a hearing on controversial box office futures. Should people be able to trade expectations of box office performance just like they trade pork bellies or orange juice futures? The CFTC already approved two futures exchanges designed to trade box office derivatives; next month it faces deadlines to approve the proposed contracts.
Federal regulators are voicing concerns about creation of a futures market for trading on movie box-office receipts.
Video game sales may have plummeted 26 percent in April, but now there's hope that a new game will get the industry moving. "Red Dead Redemption" goes on sale today, and based on rave reviews and some anecdotal reports of huge lines outside Game Stop stores, this game could be a blockbuster.
This is just the latest in the ongoing battle between the movie studio and Carl Icahn, who's attempting to take the company over for $7 a share. After facing a major setback last week Icahn isn't giving up without a fight.
After a season of disappointing ad revenue, the further loss of viewers (and prestige) to cable networks, the end of popular series like “Lost” and “24” and the Jay Leno disaster at NBC, the broadcast networks are going back to an expensive drawing board.
I spoke to Kotick in an exclusive interview — he said Activision Blizzard's more modest projections for the current quarter were due to the timing of game releases. That lack of new games is one factor behind the 22 percent drop in game sales in April from a year ago.
A federal appeals court said it will rehear a DVR patent dispute between TiVo and Dish Network and EchoStar.
European data protection officials have sent a letter to Facebook, saying that "it is unacceptable that the company fundamentally changed the default settings on its social-networking platform to the detriment of a user."
Today is "Top Gun Day." Twenty four years ago this weekend, the Jerry Bruckheimer classic starring Tom Cruise hit theaters. Men's volleyball was never the same.
Here at the National Cable Show it's not just cable carriers — content companies are also here, discussing new ways to grow viewers (and ad revenue) and rolling out new technology to keep subscribers hooked.
After a long string of disappointing earnings results from the studio drew harsh criticism from CEO Bob Iger, it seems the business is back on track. "Alice in Wonderland" was the second-biggest movie Disney spacer has ever released, with the seventh-biggest global box office of any film.
After Disney reported its fiscal second quarter results I spoke exclusively with CEO Bob Iger, who is optimistic about what the company's results indicate about economic recovery.
Blockbuster "Alice in Wonderland" helped Disney beat expectations: every single division posted higher revenue, with revenue 6 percent higher than last year at $8.58 billion. Earnings per share of 48 cents beat analyst expectations, up 12 percent from last year's adjusted numbers.
The company said it added 7.05 million subscribers during the quarter, well above its own expectations of 5.2 million.
Redstone has sued Sydney Holland and another ex-girlfriend over $150 million in gifts he gave them over the years.
The number of domestic subscribers, international subscribers in the quarter, and guidance for international subscribers will be key, Mahaney said.
Netflix's boom in subscribers is a sign that the world is accepting internet TV, meaning without commercials and on-demand, said CEO Reed Hastings.
The streaming giant wildly beat subscriber additions estimates by a little under 2 million accounts.
Facebook has been investing heavily in video, but brands have issues with measurement and where their ads will appear.