The third dimension is coming soon to a theater near you. No I'm not talking about a movie, but rather a high-stakes drama involving the biggest movie studios and theater chains, enmeshed in a battle over who and how the transition to digital 3-D will be financed.
Search engine giant Google has taken small steps toward creating and distributing its own cntent, and media companies worry it might become a competitor, the New York Times reports.
Tyler says, "I have so many outrageous stories, too many, and I’m gonna tell ’em all. All the unexpurgated, brain-jangling tales of debauchery, sex & drugs, transcendence & chemical dependence you will ever want to hear."
Following are Wednesday's biggest winners and losers. Find out why shares of Consol Energy and Flowserve popped while News Corp and Sprint Nextel dropped.
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.
Rupert Murdoch's News Corp. reported fourth quarter profit rose 27 percent from the sale of its interests in Fox Sports Bay Area and Gemstar-TV Guide International as well as double-digit percentage profit jumps in nearly all divisions
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?
Monday a federal appeals court overturned a lower court ruling that prohibited Cablevision from offering "Network DVRs". This technology allows pretty much anyone with cable to easily and less expensively enjoy the ad-free viewing a DVR allows.
It's the Fed's turn to sway the markets Tuesday, but stock traders will keep their eyes on the volatile oil and commodities markets.
We're mid-way through media earnings, and a distinct trend is emerging: weakness in local ad markets is now spilling over to national cable and broadcast advertising. The media industry is facing all sorts of hurdles. Particularly unfortunate sector challenges at a time when the ad cycle is at a low.
We’ve seen some real tear jerkers in our day but this story looks unusually sad. On Monday Lehman Brothers cut the stock ratings on Disney, Time Warner, CBS and News Corp.
Vivi Nevo is said to be the largest individual shareholder of Time Warner, was once the largest private investor in Goldman Sachs, is engaged to China’s most famous actress, vacations on Rupert Murdoch’s sailboat, is the godfather of Lachlan Murdoch’s son, counts Lenny Kravitz as a good friend and attended Madonna’s wedding in 2000.And many people, including even some of his close friends, have no idea what his background is or how exactly he made his fortune.
Batman buried his rivals at the North American box office for a second weekend on Sunday, racing past $300 million in a record 10 days.
From Warren Buffett to Steve Jobs, find out how to trade stocks whose CEOs have "cult" following.
There's been a ton of buzz about Facebook here at Brainstorm:Tech, so MySpace is a natural topic. News Corp bought MySpace for a steal, a mere $580 million, making NewsCorp seem quite forward thinking (Facbook's value is some $15 billion based on a Microsoft investment).
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.
Yahoo is unlikely to get into a bidding war over AOL with Microsoft because if Microsoft gets in the way, Yahoo could instead renew talks over News Corp's Web properties, a person with knowledge of the plans said Thursday.
With the next Batman installment set for release tonight at midnight, will The Dark Knight help lift Time Warner's stock?
There's yet more news of trouble in the publishing business. This morning Gannett reported a 36 percent drop in second-quarter earnings on 10 percent lower ad revenues at its newspapers including USA Today.