The media industry may be going through some rough times, with the landscape changing day to day, but at least one aspect is business as usual: big paydays for the people at the top. The NYT explains.
As Hollywood shrinks its films and television shows for the small screens of cellphones, its assumptions about mobile viewing are being upended by surprisingly patient consumers. The NYT reports.
Discovery Communications reported 42 percent higher quarterly profit of 39 cents per share, a nickel higher than analyst expectations. The company reported 8 percent higher revenue of $879 million, and raised its full-year outlook.
The war of words between Adobe and Apple took on new urgency with what appears to be a dire turn for the Flash maker, thanks to an open letter posted by Steve Jobs himself earlier this morning.
Coinstar, which runs coin counting machines and owns the DVD rental kiosk company, Redbox, is flying high the morning after its earnings report.
Time Warner Cable's stock added over seven and a half percent Thursday on higher subscriber numbers for all three of its services: home Internet, home phone, and digital cable. The company earned 60 cents a share, up from 48 cents in the year-earlier period.
This morning the studio pre-released preliminary full year results nearly five weeks ahead of schedule — results that could influence shareholders considering Icahn's takeover plan.
Strong performance at Viacom's cable networks and a 13 percent drop in operating costs helped the media giant beat Wall Street expectations.
A California cattle salesman accused of stealing $1.5 million from customers, including "24" actor Kiefer Sutherland, has pleaded guilty to theft and forgery charges.
Barry Diller's IAC/Interactive Corp and AOL both reported earnings before the bell. IAC's results exceeded expectations — it grew revenue 16 percent on 20 percent higher search ad revenue.
Better subscriber numbers, higher revenue per subscriber, and higher advertising helped Comcast beat Wall Street expectations.
Wednesday morning before the bell Comcast will be the first of the media giants to report its quarterly earnings.
It's a battle of the newspaper moguls. Rupert Murdoch's Wall Street Journal and Arthur Sulzberger's New York Times are fighting over Manhattan readers and pushing to build a foothold in local editions
Hugh Hefner is the White Knight who stepped in to save the land around the iconic Hollywood Sign.
James Cameron's 3-D epic "Avatar" also holds remarkable appeal in a 2-D format — breaking home entertainment records in its first four days on sale.
In small but significant numbers, filmmakers and casting executives are beginning to re-examine Hollywood’s attitude toward breast implants, Botox, collagen-injected lips and all manner of plastic surgery. The NYT reports.
Netflix's stock closed the week just under $100 after topping that landmark for the first time ever on Thursday. The stock has had a phenomenal run: it gained 16 percent Thursday alone, and for the year is up about 80 percent.
Big news ending an ongoing legal battle between movie studios and Redbox, the $1-per-day rental kiosk company. 20th Century Fox and Universal Studios have struck a distribution deal with Redbox, agreeing to wait 28 days before offering new DVD releases for rental from Redbox kiosks.
Last night the ninth annual Tribeca Film Festival kicked off, and this year the event is guaranteed to be bigger than ever. Until now the film fest has been limited to the folks who could make it to one of the screenings in lower Manhattan.
A provision banning futures trading of box office estimates was passed by the Senate Agriculture Committee Wednesday, as part of the Wall Street Transparency and Accountability Act Financial Reform Package.
Disney CEO Bob Iger says the upcoming "Star Wars" sequel has not been changed due to the death of Carrie Fisher.
Zhonghong Zhuoye Group will buy Blackstone's 21 percent stake in SeaWorld Entertainment, the embattled U.S.-based marine park operator said on Friday.
New England Patriots quarterback Tom Brady's stolen Super Bowl jerseys have been returned to the team, the FBI said Thursday. NBC News reports.
March 24- AMC Networks Inc, whose shows include "The Walking Dead," is planning to launch a commercial-free online video streaming service aimed at millennial TV subscribers, two sources familiar with the situation told Reuters this week. Unlike standalone streaming options from Time Warners HBO and from CBS Corp, AMC's would be exclusively available to...
March 24- The decision by a handful of high-profile consumer brands to pull advertising from Googles YouTube over offensive content could threaten the sites long-term strategy of stealing ad dollars from television, analysts and ad industry professionals said Thursday. The immediate financial impact of the controversy is likely to be limited, in part...
March 23- The decision by a handful of high-profile consumer brands to pull advertising from Googles YouTube over offensive content could threaten the sites long-term strategy of stealing ad dollars from television, analysts and ad industry professionals said Thursday. The immediate financial impact of the controversy is likely to be limited, in part...