BizofShowBiz: Business Archives

Business Archives

May14	Kelsey Grammer and "Back to You" Dropped by Fox Gary Bourgeault May 14, 2008 Know More: Business Back to You, CBS, Fox, Jimmy Kimmel, Kelsey Grammer, Kevin Reilly, Leslie Moonves, Patricia Heaton, Peter Liguori, Sitcom Kelsey Grammer announced Tuesday that Fox (NYSE:NWS-A) had decided to drop his sitcom "Back to You," saying that it came as a surprise to him, as "We were told all this time we were in good shape and we were... Continue Reading Posted at 12:59 PM \| Permalink \| Comments
May12	Pressure, Ego, Fantasy, and the Cablevision Acquisition of Newsday Gary Bourgeault May 12, 2008 Who are the winners and losers of the bidding to acquire Newsday? The losers aren't Mort Zuckerman or Rupert Murdoch, and neither is the winner Cablevision (nyse:CVC), which paid about $70 million more than its competitors for the newspaper property.One... Continue Reading Posted at 4:39 PM \| Permalink \| Comments
May 7	News Corp. Triples Profits, Confirms 15 Percent Profit Growth for Fiscal 2008 Gary Bourgeault May 7, 2008 News Corp. (NYSE:NWS-A) continued the big media success of the last quarter, as the company reported quarterly profits that were three times what they were in their third fiscal quarter ending in December 2007. All the major media companies exceeded... Continue Reading Posted at 7:18 PM \| Permalink \| Comments
May 6	Walt Disney Co. Profits Surge by 22 Percent in 2nd Quarter Gary Bourgeault May 6, 2008 The major media companies continue to surprise in their earnings, as the latest to exceed expectations is the Walt Disney Co. (NYSE:DIS), which enjoyed an increase in net income for the 2nd quarter of 22 percent. Much of that increase... Continue Reading Posted at 9:49 PM \| Permalink \| Comments
	Hollywood studios, Screen Actors Guild Break Off Negotiations Gary Bourgeault May 6, 2008 While quarterly reports have been a great surprise for the media and entertainment industry, the news that the talks between the Hollywood studios and the Screen Actors Guild have broken off isn't.About an hour and a half after a deadline... Continue Reading Posted at 8:26 PM \| Permalink \| Comments
May 5	Marvel Entertainment Inc. Increases Profit Guidance for 2008 Gary Bourgeault May 5, 2008 While some have been tying in the performance of "Iron Man" over the weekend as one of the reasons Marvel Entertainment Inc. (NYSE:MVL) increased its profit guidance for 2008, the company asserted it had nothing to do with it at all,... Continue Reading Posted at 2:18 PM \| Permalink \| Comments
	Viacom Beats Wall Street Estimates, No Advertising Slowdown Media Layoffs Far Above National Average New York Times Credit Rating by S&P Now One Step from Junk Bond Status Zuckerman Submits Official Newsday Bid: Equals News Corp.'s Offer of $580 Million Lawsuit to Retrieve Money from "Deal or No Deal" Tossed Out by Georgia Supreme Court Six Flags Taking a Page out of Disney Play Book The Associated Press Adds Rupert Murdoch and Sam Zell to Board 3-D Champion James Cameron Talks Technology and Storytelling Twin Cities Meteorologist Paul Douglas Latest to Feel the CBS Axe Find Out Quickly if You're Owed Money Sportscasting Legend Bob Lobel Cut from WBZ-TV CBS Needs "March Madness" to get Attention Off Poor Profits PG-rated Films with Least Profanity most Profitable: Is Hollywood Listening? J.K. Rowling gives the OK for Final "Harry Potter" Book to be Split into two Movies Fame turns to Shame: New York Governor Eliot Spitzer Caught in Prostitution Sting Do we need to take another look at Movie Trailers? I think so Pixar Releases Latest WALL•E Photo Looks Like the end of the Writers' Strike - Could be back to Work Monday Peter Chernin Says Fox will Keep Upfront Rupert Murdoch Says Super Bowl Biggest Revenue Day in News Corp.'s History Guillermo del Toro Confirmed Landing "The Hobbit" Gig Disney Partnering with Wal-Mart in Hannah Montana Deal Directors Guild of America Board Recommends Ratification of Agreement with Studios Reality Shows Scoring Big During Strike - How Will it Change Writer's Futures? Gemstar-TV Guide Files Patent Infringement Lawsuit against Virgin Media Netflix Earnings Increase 6% For Quarter Murdoch Gets Ben Silverman's Reveille Firing of L.A. Times editor James O'Shea Shows Many Still Don't Get it DreamWorks Animation SKG Latest to Announce "Theme Park" in Dubailand Italy's Mediaset SpA Wins Exclusive Broadcasting Rights from Time Warner Directors Guild of America Reaches Three-year deal with AMPTP Have Media Stocks Hit the Bottom Yet? Writers Guild of America Starting to Act Like Thugs ... Apple Confirms iTunes Movie Rentals and Apple TV Upgrades at Macworld Expo Oprah Winfrey Extending Her Brand: Partnering with Discover Communications for "The Oprah Winfrey Network" Toshiba Bypasses Media Companies and Goes Straight to Mainstream Consumer to Decide DVD War - Slashes HD DVD Prices Netflix Offering Unlimited Streaming Starting Monday Directors Guild of America and Alliance of Motion Picture and Television Producers Starting Formal Negotiations Morgan Spurlock Signs Production Deal with Fox Television Studios Martha Stewart Living Omnimedia Cutting More Jobs

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