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Entertainment Movies

  • "Offspring" directed by Andrew van den Houten

    Among the states that began underwriting film and television production with heavy subsidies over the past half-decade — 44 states had some sort of incentives by last year, 28 of them involving tax credits — at least a handful are giving new scrutiny to a question that was politely overlooked in the early excitement: What kind of films are taxpayers paying for? The NYT explains.

  • After a long, drawn-out debate, the Commodities Futures Trading Association on Monday approved the first box office futures products.

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    Federal regulators have allowed a new online exchange to proceed to trade future box-office receipts for movies.

  • Playing Guitar Hero

    As E3 kicks off this week I spoke to Bobby Kotick, CEO of the largest video game maker Activision Blizzard for his insight into the future of the industry.

  • Toy Story 3

    After a disappointing Memorial Day weekend, Hollywood is still waiting for hit movies to energize ticket sales and box office receipts, reports NYT.

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    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.

  • The match ball for the opening World Cup fixture between South Africa and Mexico.

    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.

  • Disney World of Color

    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.

  • Gavel

    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.

  • TV

    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.

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    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.

  • AT&T

    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.

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    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

    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.

  • Sex And The City 2

    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.

Entertainment

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