The Paramount and Skydance Productions film cost an estimated $150 million to produce and has already opened in a number of territories overseas as well, with a China release scheduled Sept. 8. 1. "Mission: Impossible— Rogue Nation," Paramount, $55,520,089, 3,956 locations, $14,034 average, $55,520,089, 1 week. 2. "Vacation," Warner Bros., $14,681,108, 3,411 locations,...» Read More
I'm a movie junkie and I'm so happy the summer movie season is underway. You'll probably find me at a theater every weekend between now and the end of July--when the movie premiers finally slow down.
"Iron Man" from Marvel and Paramount opens today, kicking off the summer movie season. With the box office expected to top $85 million opening weekend, Hollywood's pretty excited, and for good reason. The economic downturn is squeezing consumer spending, but there's one corner of the consumer pocketbook that'll emerge unscathed from the "r" word.
Media giant Viacom spacer beat Wall Street expectations with strong profits driven by its cable networks (including MTV) and its "Rock Band" video game franchise. Net income grew 33 percent over last year's quarter (excluding an investment write down) to $270 million, while revenue was up 15 percent in the period to 3.12 billion.
The Mad Money host makes a special appearance in the summer's first blockbuster!
Apple Inc. is making news today by offering to sell movies on iTunes the same day the DVD of the film hits store shelves, as a way fans can take the movie home with them as soon as possible. Now, Disney-Pixar is coming up with a way fans will be able to take a piece of the upcoming animated film "WALL-E" with them as well.
The nation's largest cable provider, Comcast, reported its quarterly earnings in line with expectations. Better than expected gains of subscribers to high-speed Internet and digital phone services reassured Wall Street that Comcast is holding it own in competition with the likes of DirecTV and AT&T.
Today in Time Warner's post-earnings conference call CEO Jeff Bewkes announced some interesting news about the company's new strategy about distributing home video. Warner Bros. will offer its DVD film titles on video-on-demand the same day they release the DVDs--what they call a "day and date" release in Hollywood.
Defense giants Boeing and Northrop Grumman keep going at it over the Air Force tanker deal. This as the clock ticks down on a Government Accounting Office investigation into whether the current decision should stand.
Wall Street has been waiting for news on how Time Warner CEO Jeff Bewkes is going to shake up the company. Today investors didn't get too many details, but they did get affirmation that he's moving forward with the plan.
Time Warner plans to split off its cable services division to lift its sluggish stock price as it also reported quarterly earnings Wednesday that fell just short of Wall Street's expectations.
CBS stock has been beaten down over the past year--down some 30 percent. But today the stock is up on the company's better than expected quarterly results. And good news for shareholders, CBS spacer raised its quarterly dividend from 25 cents per share to 27 cents per share.
When I read the New York Times article late Sunday night about Disney star Miley Cyrus revealing Annie Lebowitz photos, I thought uh oh, and immediately went to the Vanity Fair website to click through the 18-photo spread and read the article.
While Walt Disney plays damage control over the near-topless photos of Miley Cyrus, the hugely popular teen star of its lucrative "Hannah Montana" multi-media franchise, most analysts say the event is more likely to boost the bottom line than hurt it.
Starbucks CEO Howard Schultz is trying to get Starbucks focused on coffee--which means the entertainment business it's been building up over the past four years is now due to be pared down. Late Wednesday Starbucks unveiled weaker-than-expected estimates for its fiscal second quarter and year -- sending Starbucks shares down a whopping ten percent Thursday.
How to spend a tax rebate? Fake Jane finds a way.
Tribeca Film Festival in Lower Manhattan kicked off Wednesday night with the premiere of Universal Pictures "Baby Mama," staring Saturday Night Live comediennes Tina Fey and Amy Poehler. This year the movie studios have 62 comedies scheduled for wide release, up from 52 wide-release comedies last year. The economy may be suffering, but Hollywood is bullish on comedies...
The seventh annual Tribeca Film Festival kicked off Wednesday morning, with a big press conference at which New York Governor David Patterson announced that he signed a bill increasing New York State tax credits for TV and movie production from 10 to 30 percent.
Earth Day: And there is no athlete more perfect for this day for Steve Nash. The guy has endorsement deals with Arizona Power Company, Canadian Company BC Hydro (a hydroelectric utility), Energy Innovations (renewable energy) and drives a Lexus Hybrid! He also has a big endorsement deal with Nike -- which today is re-releasing Steve Nash's Trash Talk shoe in limited quantities.
Former University of Tennessee standout and WNBA top draft pick Candace Parker has signed her first two endorsement deals, CNBC has learned.
Ever since media mogul Sumner Redstone split Viacom and CBS into two separate companies (he's chairman of both), they've become increasingly competitive. And just this Sunday, Viacom's Paramount Pictures studio said it's no longer going to distribute movies to CBS' Showtime.
One of Victoria's Secret's newest "angels," Monika "Jac" Jagaciak, talks about what it's like to be a lingerie model and her craziest shoot.
Mobile games are seeing huge numbers, like "Game of War," "Candy Crush" and "Big Fish Casino," according to data from NPD group.
A friendly robot built to study whether machines could trust humans managed to hike across Canada - only to be trashed when it got to U.S.
AT&T is rolling out a new all-in-one TV and wireless phone bundle. CNBC's Jon Fortt, and Jon Steinberg, Daily Mail North America, provide perspective.
WASHINGTON— Facing increased competition from within her own party, Hillary Rodham Clinton is spending $2 million airing the first television ads of her presidential race in the early voting states of Iowa and New Hampshire. "After law school she could have gone to a big firm but instead went to work for the Children's Defense Fund. In Arkansas, she fought for...
NEW YORK— AT&T customers will save $10 a month and get a single bill for their TV and wireless services under a new package the company is offering after its $48.5 billion purchase of satellite TV company DirecTV 10 days ago. But Monday's announcement is "the first step of what's to come," said Brad Bentley, AT&T's chief marketing officer for entertainment and...