The fact that broadcast networks (and NBC in particular) are investing heavily in expensive content is appealing to advertisers. The networks have introduced 38 new shows, and 36 of those are scripted.
ESPN 3D's launch Friday with World Cup coverage marks the beginning of a whole new 3D advertising business. The channel announced it's launching with 3D commercials from Disney/Pixar's Toy Story 3, (corporate synergy), plus Sony and Gillette.
The 400 amusement parks in the U.S. generate some $12 billion in annual revenue from more than 300 million annual visitors. Last year North American parks saw a one percent decline in attendance, but discounting prevented attendance from falling off further.
Sources tell me that ABC has finished its final upfront ad deals, and has secured 8 percent to 9 percent ad rates over last year. I don't have any details on the percentage volume increases ABC secured, but Disney's network has certainly sold closer to 80 percent of its inventory than the 65 or 70 percent the networks sold on average last year.
Big news from Take Two Interactive—it's sold five million copies of "Red Dead Redemption" since its May 18 debut. This blows away all projections: analysts expected the company to sell some three million copies in the entire quarter and up to five million copies for the rest of the fiscal year.
The U.S. Patent and Trademark Office issued a ruling against TiVo, over its rights to patent technology in the middle of a legal battle with Dish Network and EchoStar.
Whitney Tilson of T2 Partners on why the oil company is his latest long position.
Netflix CEO Reed Hastings took the stage at the Apple developers conference to announce that he and Steve Jobs are bringing Netflix to the iPhone.
A ray of light for movie theaters struggling with a weak summer box office: Cinema ads are on the rise. The Cinema Advertising Council released a new report on movie theater ads.
Advertising industry insiders tell me that Fox should wrap up its ad sales today and all the networks could complete their Upfront sales in a week. That's weeks earlier than the July 4 date expected, and months earlier than last year.
In response, Zuckerberg addressed the issues without being defensive, reiterating that he wanted Facebook to help people share and stay connected, the message he told me last week after announcing the new privacy settings.
Today AT&T announced a big change in how it's charging for data—dropping unlimited, flat-fee plans, in favor of tiered pricing. This is a major shift, which should have rippled throughout telecom, and even into cable.
Tuesday afternoon Lionsgate issued its fiscal fourth quarter and full-year earnings results, following on the higher EBITDA earnings it pre-released five weeks early in the heat of the battle with Carl Icahn.
Hollywood's strong box office run so far this year came to a screeching halt Memorial Day weekend, as movies' theatrical performance fell off a cliff.
The huge expectations for "Sex & The City 2" are truly a testament to the power of the female consumer. And that means a range of consumer product companies are waiting to cash in on the film's debut this weekend.
Dennis Hopper, the high-flying Hollywood wild man whose memorable and erratic career included an early turn in "Rebel Without a Cause," an improbable smash with "Easy Rider" and a classic character role in "Blue Velvet," has died. He was 74.
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.
Some 59 other people were wounded, including some who suffered life-threatening injuries, officials said according to NBC News.
CNBC's Deirdre Bosa reports from the Amazon shareholder meeting as protesters gather, including pilots for Prime Air.
Ariana Grande has also shared a brief message with her followers on Twitter, after the fatal attack Monday evening at her concert.
WASHINGTON, May 23- The U.S. Federal Communications Commission said on Tuesday it would not take any action over thousands of complaints about a crude joke that late-night television host Stephen Colbert told about U.S. FCC spokesman Neil Grace said the agency had reviewed the complaints and "concluded that there was nothing actionable under the FCC's rules."
There are varying reports about Netflix's origin story, but regardless it's changed how viewers consume entertainment.
Amazon is launching a new service for Prime Video members in the U.K. and Germany giving them live TV broadcasts.