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Nov30
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Paramount has confirmed that it's signed Eddie Murphy to continue his role as Axel Foley in the upcoming fourth installment of the Beverly Hills Cop story.
While the first two pictures did pretty well, this try isn't a guarantee this time around, as the third film many of you probably remember, didn't capture the imaginations of fans at all, only taking in a paltry $44 million in the domestic market.  Lorenzo de Bonaventura has been tagged as the producer by Paramount, and is in the process of putting the production team together. As of now there has been no director chosen for the project.
Talking to Daily Variety, de Bonaventura said: "Axel Foley is one of the great action-comedy characters, a character that Eddie loves. I'm lucky enough to help bring it back, this genre is missing from the landscape."
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Nov30
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In another interesting discussion going on by National Football League president Roger Goodell, he has been in talks with National Amusements president Shari Redstone in connection with offering the theater chain screening live sports in its digitally equipped theaters.She has...
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With the increasing penetration of broadband Internet access, the results for TV viewing have shown that it is declining in direct proportion to the embracing of the medium, according to a study by Ofcom.The study showed that 33 percent of...
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In a move to continually test the waters on what will or will not work online, big media companies continue to make distribution deals with a number of Internet companies to see which one will work the best for them....
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In a deal with Verizon Communications Inc. (VZ) and DirectTV Group (DTV), NFL Commissioner Roger Goodell announced that the National Football League will now broadcast some of their Thursday and Saturday games live over the Internet, according to Reuters.The NFL...
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Nov29
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Mel Gibson chastised Hollywood producers for the endless amount of offerings that involve "sequel after sequel." He added that the present movie goers are a lot smarter than studio heads give them credit for.Before he ever released "Passion Of The...
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ABC's (DIS) "Desperate Housewives" drew around 21.4 million viewers to make it the No. 1 primetime show for the week ending Nov. 26. It helped the network to finish with an average of 10.6 million viewers total."Crime Scene Investigation: Miami"...
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When Philips Electronics announced that they were going to be the sole sponsor of "NBC Nightly News," we talked about it possibly being something that other companies may do more of in the future. That future is already happening as...
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In the typical Hollywood fashion of being out of contact with the reality of everyday people, they have been seemingly caught off guard by the desire for family programming. Advertisers in particular are feeling the heat as their family-related products...
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Most of us thing because there seems to be a TV in every room of most American homes, that people are in those rooms alone watching them. Research is showing that it's not true.Lisa Quan, vice president and director of...
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Nov28
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The poorly performing British ITV network has tapped BBC chaiman Michael Grade to help pull them out of their disappointing business.ITV has been in the news as Richard Branson was rejected from taking it over and Rupert Murdoch bought up...
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MTV is continuing its exploration of the online world by continuing to create unique online niche site that will be based upon their most successfula and popular shows and themes."These [sites] serve as successful models for a new interactive, hyper-programming...
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“NBC Nightly News With Brian Williams” is trying a different approach by offering its news broadcast in a sponsorship deal with Philips Electronics North America Corporation. The result will be that people will have few interruptions and more time to...
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It looks like after pure interest in the sport allowed Nascar to coast for six years without having to do too much work but provide its product, it looks like those days may be over and they'll have to ramp...
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With a lot of money at stake, the Bowl Championship Series, the system that was put into play eight years ago for the purpose of identifying the two best teams in the country to play for the national championship, is...
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The fourth quarter for Satellite Radio sales for the two leaders, XM Satellite (XMSR) and Sirius (SIRI), has been a tough one as sales have dropped off by around 20%, according to Bank of America radio analyst Jonathan Jacoby. He...
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Nov27
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For a number of years, documentaries have been turning out productions that attack businesses. While the idea isn't bad in the sense of at times helping there to be checks and balances in the marketplace, they increasingly are becoming simply political rhetoric...
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In an endeavor to blend entertainment and psychology, the result has become Psych TV, the creation of Terence McPhaul, also the author behind “The Psychology of Hip Hop”, “The Celebrity Psyche”, and Mental Health Therapist to the stars.The cable television...
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According to about every studio in Hollywood, they're going to make about $500 million in digital sales this year. Just ask 'em, they'll tell you.The problem for investors and analysts is that there is a large difference among the companies...
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Bloodsucking Hollywood Unions Trying to Get Even MoreWe've been hearing rumblings of discontent from powerful labor unions that represent writers, directors and actors in Hollywood, concerning compensation for imaginary income brought from the numerous platforms of digital distribution. With profits...
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The president of the Bruce Lee fan club announced that a theme park, along with a memorial hall and statue are slated to be built in his Chinese ancestral home of Shunde.Included in the park will be a conference center...
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Nov26
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Promoted from the "controversial" angle, "The Da Vinci Code" is still a compelling story for consumers as it took over first place in the national DVD sales and Rental charts for the week ending November 19.The animated popular movie "Cars"...
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The Rolling Stones and their "A Bigger Bang" tour took over U2's short reign as the top-grossing tour ever. U2's Vertigo tour had grossed over $333 million, putting them ahead of the Stones' $320 million Voodoo Lounge tour they performed...
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What is the biggest demand for movies this time of year? Family-friendly movies. Happy Feet confirmed that as they kept their first place finish in their second weekend, lengthening their lead over "Bond." They finished up with an estimated $38...
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Another sign that the Motion Picture Association of America Inc. (MPAA) and the Recording Industry Association of America (RIAA) are struggling is their Holiday Blitz campaign. Rather than concentrate on marketing their product, they're instead still trying to play piracy...
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Nov25
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This year the battle for who is going to provide consumers with their services for their new HDTV is happening in retail electronic stores.With the more high-end customer less likely to change providers once services are bought, the two industries...
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With the foray into China by some media companies ending up in disappointment and unpredictable actions by the government, it seems now that Hollywood is looking to India and Bollywood for growth.The demographic is at a perfect place to enter...
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The U.S. Copyright Office has ruled that copying DVDs to iPods will still not be legally allowed as it rejected offering an exemption for consumers.On the other hand, the "Office" did make some other exemptions that will aid some in...
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Speaking out at the International Emmy's directors meeting in New York on Monday, Steven Spielberg took tv studios to task for exposing children what he called gruesome shows.His main concern that he told producers they needed to be cautious with...
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Freddy Rodriguez, the actor who plays Frederico "Rico" Diaz on the popular HBO drama "Six Feet Under," is keeping busy as he has two movies that have opened this month.He plays the busboy in the story of the assassination of...
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Nov24
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Grabbing another Tuesday night win without "Dancing with the Stars" on its schedule was a huge win for ABC (DIS) as it gets closer to taking the November sweeps for the first time in seven years. The last time they won...
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If you can't beat 'em, join 'em. That's the motto that CBS (CBS-A) is evidently practicing now as after a series of uploads to online video site YouTube, they have seen an increase of viewing on some of their broadcast...
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With Hollywood in the midst of a reality check, I think it offers an opportunity for independent filmmakers to rise to the front, if they offer quality films as a legitimate alternative.As one writer recently said concerning the current disruption...
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The leading ethnic Internet broadcaster, JumpTV Inc. announced that it has secured an agreement with GloboSat Entertainment LLC, to offer exclusive Internet broadcasting of the top three Hindi channels in selected territories.GloboSat Entertainment Networks International owns the distribution rights to...
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Nov22
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Disney (DIS) initiated another smart move in reference to its distribution deal with Comcast Corp. (CMCSA) in selling its stake in the E! Entertainment Television company to them for a pretax total of $800 million, according to the company in...
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The shakeout and disruption in the media industry hasn't come close to being worked out yet; next year will be just as disruptive as this year has been.While some of the big companies are starting to understand what it is...
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Nov20
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The continuing saga of the battle over Britain's ITV continues as Richard Branson blasted Rupert Murdoch, saying that it was a "cynical" attempt to control British media when he bought a 17.9 percent stake in ITV recently. Branson, who is...
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In a blow to "Lord of the Ring" and Peter Jackson fans, New Line contacted him saying that they wouldn't be needing his services for the upcoming prequel to the series the "Hobbit." Jackson writing to a huge fan site...
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With "Casino Royale" kicking off its continuing saga of the British secret agent, you see a number of things that have been part of the franchise, even though the actor playing Bond changes. The Ford Motor Co. (F) which started...
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Nov19
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A number of former Hollywood executives, no longer part of the upper echelons of the industry, are finding themselves in the place of being pursued by cash heavy hedge funds and individuals looking for a place to put their money....
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The Holiday fare in demand this time of the year, it's not surprising to see the Warner Bros. animation hit Happy Feet take the No. 1 spot for the weekend, coming in with an estimated $42.3 million at the box...
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Knowing that revenue for its broadcasting properties will struggle to grow significantly, TV studios have been looking for other means to increase revenues. An interesting move by NBC Universal shows, from another view, how disruptive this time in media really...
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Nov18
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In an effort said to combat the effect that reporting on violent crime has upon young people, China announced that it's restricting their broadcast networks' concerning this area. Zhang Haitao, vice director of the State Administration of Radio, Film and...
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In the midst of a long-term disruption in the industry, the 4 big tv networks have to be happy that they have a slight increase in viewership for the year so far, increasing by 2% collectively, which equals about a...
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Nov17
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British Sky Broadcasting (BSkyB) in a surprise move, bought a 17.9 percent stake in ITV for $1.8 billion. It makes BSkyB the networks largest single shareholder. With its audience share and ad revenue declining, the company has been under scrutiny...
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While Viacom (VIA) hasn't done that great, CBS (CBS) has seemed to be making all the right moves since its spin-off from its parent company. They've gotten rid of their amusement part business when they sold it to Cedar Fair...
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It was only a matter of time before the move by Disney to offer its DVDs for sale on Apple's (AAPL) iTunes store brought the heat from the big retailers. Even though there has been a denial by the retailers...
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In spite of battling for the same video, broadband, and phone subscribers, Cablevision Systems Corp. (CVC) and Verizon Communications Inc. (VZ) have struck a deal in the New York metro area for TV programming content. Light Reading reported: "Verizon announced...
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Nov16
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HBO has announced that it has formed a partnership with AOL to create a new Internet channel that features original programming. The new site will be called "This Just In," and will not offer anything that isn't original. None of...
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Nielsen Media Research announced that it is in the process of putting a system in place that will measure video-on-demand programming, beginning December 11. The service has two major purposes. The first one, to give insight into how ad agencies...
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Within a month of putting itself up for sale, Clear Channel Communications Inc. (CCU) , America's largest radio broadcaster, has agreed to be bought out by Thomas H. Lee and Bain Capital Partners LLC. They valued the company at $19...
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EMI Music and Gotuit Media Corp. have reached a licensing agreement where Gotuit's ONline Video Portal and On-Demand Cable Service will be able to offer viewers music videos from EMI's various artists. The deal, which is multiyear, has the two...
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Blockbuster Inc. (BBI) has announced that it has agreed to a four-year deal with the Weinstein Co. for exclusive U.S. rental rights. The move for both the companies comes from the fierce competition from its rivals for market share. Blockbuster...
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Nov15
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One of the reasons TV networks value the 18- to 49-year-old demographic is because of the belief that baby boomers and older viewers are stuck in their ways and aren't open to new products and experiences. TV Land president Larry...
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The promised layoffs by NBC News are beginning to happen as they are getting rid of, for the most part, off-camera workers on "Dateline NBC," "Today" and "NBC Nightly News." The layoffs are in response to the announcement made in...
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Nov14
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The NFL is being challenged concerning its practice of granting exclusivity to certain carriers or controlling the tier where cable operators can offer NFL programming. Jeffrey Pash, NFL executive vp told the Senate Judiciary Committee "The centerpiece of the NFL's...
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In a move made to help combat DVD piracy in China, News Corp. (NWS-A), through their 20th Century Fox film division will start to sell movies in China through Zoke Culture Group, which is the largest video distributor in China....
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Starz, LLC has announced that they are forming a new studio called Overture Films. The goal of the company is to offer between 8 to 12 full-length films a year; whether they produce them or buy them. One of the...
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Fresh off of their tremendous upswing in profits for the fourth quarter, based upon their successful movie offerings of "Pirates of the Caribbean: Dead Man's Chest," and Pixar's "Cars," Disney says through their CEO Bog Iger that payoff from their...
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Nov12
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Richard Branson sold his mobile phone business to NTL for around $1 billion earlier this year. Part of the deal was that Branson would get an 11 percent stake in NTL. Now he's pushing to get the company to make...
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In possibly his first TV role since the end of the X-Files series, David Duchovny is set to return to television playing a single father that has sex and drug addictions. The project at this time hasn't been named, but Duchovny...
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For the second straight week, Sacha Baron Cohen's "Borat: Cultural Learnings of America for Make Benefit Glorious Nation of Kazakhstan" took the No. 1 box office spot, with an estimated $29 million for the weekend. The 10-day total for the...
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Nov11
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Seeing an underserved, and seemingly willing audience, Fox has quietly building their new FoxFaith label to serve what they see as a potential strong growth area. The release of the film by Mel Gibson, "The Passion of the Christ," revealed...
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Hired recently as the co-artistic directors of the top Sydney theater company, Cate Blanchett and her playwright husband, Andrew Upton, will make this their full-time job. They will begin their stint at the Sydney Theater Company in January of 2008....
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"Dancing with the Stars" has quickly become ABC's version of "American Idol," as the show has the highest ratings among unscripted series this season. It is also the No. 4 ranked show in total viewers behind heavyweights "Grey's Anatomy," "Desperate...
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Nov10
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The Canadian broadcaster Alliance Atlantis Communications Inc.'s (AACb.PK) report a huge third-quarter profit that was 45 percent over last years total. The cause of the increase is the continuing performance of the "CSI" franchise. The company also said that its...
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With expenses for its new horror channel, FEARNet, higher than budgeted for, Lionsgate Entertainment Corp. (LGF) reported higher quarterly loss than expected. The result was a 3.76 percent drop in its share price, or 40 cents. Lionsgate Chief Executive Jon...
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Jack Palance, probably one of the most well-liked bad guys in the movies, died at the age of 87 at the home of his daughter Holly, according to family members. While he was nominated for Academy Awards for his roles...
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New Luke and Laura special coming! After being away from General Hospital for four years, Genie Francis' return as Laura Spencer a couple of weeks ago has boosted the shows ratings to their highest level since May. Her return coincides...
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Philippe Dauman, the new CEO of Viacom, says that he will take MTV Networks and turn its digital business into a revenue-generating machine at a far faster pace than Tom Freston, the recently released CEO of the company, said he...
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Nov 9
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With the soon release of Zune, and the possibility that they would have to combat Apple iTunes without Vivendi Universal Music, Microsoft (MSFT) forged a deal with the company to give them a piece of the Zune portable media player....
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With expectations high, the Walt Disney Co. (DIS) didn't disappoint, as the share price rose to a five-year high in antipation of its fourth-quarter earnings report. The company reported on Thursday that its quarterly profits more than doubled, with results...
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With the upcoming launch of "Babel," director Alejandro González Iñárritu will complete the last piece of his trilogy. Starting with the tiny-budgeted Amores Perros, Iñárritu has developed a reputation of being a tremendous storyteller with the ability to also put...
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News Corp. (NWS-A) exploded far beyond expectations as it earned $843 million, or 27 cents per share, a huge 7 cents a share beyond the 20 cents a share analysts projected. The major reason was its stellar performance in its...
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In an effort to integrate that various platforms, NBC Universal has announced the launch of "iVillage Live," set to debut on Dec.4. The show will be filmed before a live studio audience at NBC Universal's 'Universal Orlando Resort.' It will...
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Nov 8
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Frustrated with their venture into China, along with changes that no longer allow it to control its projects, Time Warner Inc. (TWX) is pulling out of the China movie business. Their initial reason for entering the Chinese market, was based...
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Fresh off the largest commercial success of his career, Martin Scorsese has signed a four-year first-look deal with Paramount Pictures to produce and direct across multiple platforms. One unusual part of the agreement is that Paramount has an option on...
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HGTV.com is making good use of the strengths of Internet and cell phones as it's empowering do-it-yourself customers to text message shopping lists to their cell phones based upon online videos they've watched. So when they watch something on HGTV.com,...
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Don't Count Us Out, an anti-Nielsen group backed by News Corp. (NWS), expressed its approval of a deal between Nielsen and News Corp. for the next eight years. The problem was the new local people meters that Nielsen introduced which...
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Citing a new report from Nielsen Media Research, Media Daily News reported that the first blending of TV ratings and Nieslen//NetRatings online user panel concludes that TV viewing is 8 percent lower in Internet users' homes in the U.S. One...
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Nov 7
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With advertising rates and profits on the line, CBS, with its solid prime-time schedule, came in No. 1 for the first week of the November sweeps. The finished with an average of 12.8 million viewers per hour of prime time,...
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In another move that has frustrated networks, the Federal Communications Commission turned around and dismissed indecency charges against two shows, while upholding charges against two others. With the passage of a law by Congress increasing fines by a factor of...
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The new CW network is struggling temendously as its ratings have decreased in the high double-digits. Through Oct. 29, ratings for 7th Heaven are down 33 percent, Gilmore Girls is down 22 percent, Smallville is down 22 percent and Supernatural...
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One of the great disruptions in business history is happening via the digital marketplace as the Internet is changing the way the public consumes media. We've talked a number of times here about why the media companies are doing a...
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Kenny Chesney won the entertainer of the year award at the 40th Annual Country Music Association Awards last night (Nov. 6) in Nashville. Responding to the honor, which he also won two years ago, Chesney said: "This year has in...
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Nov 6
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With the new prime-time TV season over a month along, the results, for some, have been surprising. Some of the shows with the big names failed almost immediately, while other shows that there were no known actors on, have thrived....
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Microsoft (MSFT) has announced that it's Xbox Live users will now be able to download movies and TV shows to their Xbox units. The service is set to go live on November 22. Reportedly they will have over a thousand...
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With Bollywood struggling to break out of its seemingly endless repetitious films, they have maybe found one way to do it as the hit “Lage Raho Munna Bhai,” has taken India by storm. It's a comedy about a gangster, disc...
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The Olympics, like all television, have been suffering from rating slides for years as the continual fragmentation of the market goes on unabated. Chris Allen, VP-associate director of national broadcast with GSD&M, said: "I do think they'll have a hard time...
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When reaching out to the 18-to-25 crowd, marketers have learned a couple of things; they don't want in-your-face marketing, and they want new music to be part of the marketing mix. With the slowing of revenue in the music industry,...
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Nov 5
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For the first time in 14 years, Genesis and Phil Collins will be performing together on a tour. The last time they were together was the summer of 1992, according to Billboard. Peter Gabriel, the former frontman of the group...
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Born and raised in New Orleans, Tyler Perry, one of four children, has come a long way from his childhood of poverty and physical abuse; a life he says was very depressing. "I was unhappy and miserable during the first...
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Opening in only 837 theaters, Sacha Baron Cohen's "Borat: Cultural Learnings of America for Make Benefit Glorious Nation of Kazakhstan," exploded into the No. 1 spot in ticket sales for the weekend with an estimated $26.4 million. It had a...
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Nov 4
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Univision Communications announced on Thursday that third-quarter net revenues increased by 7.8 percent to $536 million. The media company, which is the largest U.S. Spanish-language broadcaster, had a strong ad market and a huge increase from their exclusive coverage of...
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Being called to receive the Latino Business Association's Chairman's Visionary Award for his upcoming epic "Apocalypto," Mel Gibson received thunderous applause as he walked onstage at the Beverly Hilton Hotel to receive the award. Association Chairman Rick Sarmiento said that...
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Gloria Estefan came to the United States with her family when they fled Fidel Castro's Cuban revolution when she was 2. Learning to play guitar and singing to the old Cuban records of her grandmother was the start of her...
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Caught in the middle of a battle between networks and ad agencies, Nielsen has decided to postpone its introduction of a new system that they say will more accurately measure TV and DVR viewership. The new service was set to...
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Contrary to other music categories, country music has had a strong year with a 17.7 percent increase in album sales in the first half of 2006 - the largest increase of any music genre. That's impressive when overall U.S. album...
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Nov 3
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General Electric (GE) CEO Jeffrey Immelt threw out a bomb at a private company employee meeting of NBC Universal saying that the analog TV business will no longer be able to sustain past growth. Referring to any TV studio in...
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In an interesting casting decision, it seems that Robert De Niro is getting together with Rapper "50 Cent" to do a police thriller set in New Orleans. The Hollywood Reporter says: "The film centers on a cop who thinks his...
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French view of the world to counteract the "unified, Anglo-Saxon" outlook of the U.S. and Britain. The idea was strengthened during the controversy over the Iraq war, and Chirac is saying that he wants to be the defender of a...
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NBC Universal Television Stations has made a two-year licensing deal with a Connected Media Technologies, Inc. (OTCBB: CNCM.OB) subsidiary. "We are very pleased to have the NBCU stations as a customer,” said Izzy Gonzalez, President of Connected Media. "Being a...
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With the NBC show "Kidnapped" not getting enough viewers to justify it continuing to be broadcast on TV, it has been pulled from the lineup. What is interesting is that NBC will continue to film all 13 episodes and will present...
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Nov 2
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The MGM Mirage (MGM) reported huge profits of 70% for the third quarter, claiming it was increased gambling and visitation and higher operating margins that made it happen (more on that later). The profits and the Mirage for the quarter...
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Tom Cruise, along with partner Paula Wagner, have struck a deal with United Artists to run the studio. This has to be satisfying, especially for Cruise, after his public humiliation at the hands of Sumner Redstone, the 83-year-old chairman of...
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In negotiations that have been going on for years, Comcast Corp. and Time Warner Cable are reportedly coming close to making a multiyear deal with the Walt Disney Co. (DIS) to supply content. As a part of the deal with...
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Evidently, MTV Networks CEO Judy McGrath liked what she saw in CEO Mika Salmi when MTV acquired Atom Entertainment last August. He has already been promoted to president of global digital media in the company. Salmi said he had no...
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Licking their wounds over advertising agencies saying they wouldn't pay for DVR watching, and with a drop in ad revenue for the quarter, CBS Corp. (CBS-A) CEO Leslie Moonves stated that next year it would be different. What he's referring...
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Nov 1
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Larry and Andy Wachowski, creators of "The Matrix," are in the process of teaming up with producer Joel Silver to bring to life the 1960s animated series "Speed Racer." The Wachowski's will be writing and directing the movie. The Hollywood...
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Having fallen behind their rivals Verizon Wireless and Sprint Nextel, Cingular Wireless is said to be ready to announce that they have partered with "several online music services including Napster, Yahoo Music and eMusic, according to an article published Wednesday...
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Harold Reynolds, a former ESPN baseball analyst, has sued the network for a minimum of $5 million Tuesday, alleging that being fired for hugging a female intern was wrong. He called it a "brief and innocuous" hug. He was fired...
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The music industry is attempting to go way beyond the norm and increase their royalties from Satellite Radio providers XM (XMSR) and Sirius (SIRI), according to Red Herring. They want to increase the percentage to 23 percent of revenues over...
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Leichtman Research Group reveals that video-on-demand is now in 25 million digital cable homes. Of all digital cable subscribers, 60% have used the VOD feature; this is an increase of 25 percent from two years ago. They also estimate that...
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Lorenzo de Bonaventura has been tagged as the producer by Paramount, and is in the process of putting the production team together. As of now there has been no director chosen for the project.
