The failings of brick-and-mortar distribution models in film and entertainment, as seen in the shortly-anticipated bankrupty of film retailer Blockbuster, is opening the doors for new dealmakers in Hollywood, chairman and founder of Colony Capital Tom Barrack told CNBC Wednesday.
Despite plenty of talk about consumers ditching their cable service, Angelakis says he's not concerned about customers "cutting the cord."
The long slow demise of Blockbuster that will culminate with an imminent bankruptcy filing provides another example of how the failure to effectively respond to changes in the distribution of content can doom an enterprise.
AOL CEO Tim Armstrong took the stage at Goldman Sachs' Communacopia conference and made a few headlines about his plans to create a next-generation digital content company.
Goldman Sachs annual media and technology conference — Communacopia — kicked off today with optimism and bullish comments from AT&T's CEO Randall Stephenson and Disney CEO Bob Iger. The event is a who's who of media, tech and telecom CEOs; the economy is top of mind, as is digital distribution and the growing smart phone and tablet market.
Microsoft's "Halo: Reach" hit $200 million dollars in sales in just its first 24 hour on store shelves. That makes it the biggest debut of any movie or game so far this year. But how much will Microsoft actually make? And how does that compare to a blockbuster movie opening?
It's a great week for the video game industry — several pieces of positive news for investors in the game business. But despite the upbeat news, game stocks slid Thursday with Activision Blizzard down nearly 5%. So what happened?
Four years ago he committed his studio to produce all its films in 3D, at considerable cost; now he says the bet has entirely paid off. He boasts that despite the recession 3D is growing, and helping the box office grow.
Analysts tell me that based on pre-sales and last night's turnout "Halo:Reach" is on track to be the biggest Halo game yet, selling some seven million copies by year-end.
Lionsgate’s African-American-focused film business, anchored by Tyler Perry titles, has become a gold mine for the studio. Movies with predominantly black casts that tell stories rooted in black culture — surprise! — bring out a sizable black audience. Now Lionsgate is trying to pull off the same trick with Hispanic-focused films.
If one man epitomizes the populist view of Wall Street and corporate America, it is director Oliver Stone, whose new film, “Wall Street: Money Never Sleeps” opens next week.
MTV stacked the show with plenty of pop star performances, actors presenting awards, and jokes designed to stoke last year's Kanye West-Taylor Swift showdown. And MTV used one of its hottest assets to drive up numbers, debuting a new episode of Jersey Shore at 7 pm, right ahead of the awards show.
It's a big day for cable television — Martha Stewart, a queen of broadcast syndication, is moving to cable, kicking off a partnership with the Hallmark Channel. In a new five-year deal Stewart's signature show and other Martha Stewart Omnimedia programming will run on Hallmark Channel from 10 am to 6 pm. This speaks volumes about the business model for a brand like Stewart, and the changing television landscape.
Back to your coffins, vampires, it's zombie time. The latest sign that zombies are invading our popular consciousness — one university is offering a course on the shuffling flesh eaters.
DirectTV is nearing an all-time high — pushing a major resistance level: shares closed at $39.77 Wednesday, up 4 percent over the last five days and 57 percent over the past 12 months.
Another roar from MGM's tired lion, which is struggling under a $4 billion debt load. I've confirmed that Spyglass founders Gary Barber and Roger Birnbaum have signed a letter of intent to make them co-CEOs of MGM.
The end of summer marks a shift from fun popcorn flicks to serious Oscar fare, and time for studios to take stock of the most important box office season.
The two companies describe the deal as "long term" and wide ranging," which means more content on more platforms. It also means more money for Disney, which for the first time secured payment from Time Warner Cable for its owned and operated local broadcast channels.
AOL and Google just announced a five-year renewal and expansion of their ad deal — a key piece in AOL's attempt to reinvent itself as an ad-supported digital content company. Securing this deal is crucial to AOL's financial health.
Steve Jobs announcements today about Apple's new iPods and streaming TV rentals through a new Apple TV will have ripples throughout the entertainment industry.
Discussing the NFL’s response to President Trump’s tweets about the players disrespecting the American flag with CNBC Contributor Suzy Welch; Charles Way, former NFL vice president of player engagement & former NFL player; and David Johnson, Strategic Vision PR Group.
MONTGOMERY, Ala.— Two media organizations that own dozens of newspapers and television stations across the nation are announcing a merger. Community Newspaper Holdings Inc. and Raycom Media Inc. have agreed to merge into a new privately owned media group, CNHI said in a statement Monday. Both companies are based in Montgomery, Alabama, and are financed by the...
Mike Ozanian, Forbes assistant managing editor, discusses the ratings issues for NFL games as growing tensions rise between President Trump and professional sports leagues over anthem protests.