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Variety Follows Oscars With Cuts, Including Chief Film Critic

Mar 8, 2010 8:15 PM

Variety followed up Sunday’s Academy Awards with a different batch of envelopes, handing out pink slips to eight editorial staffers—including chief film critic Todd McCarthy and theater critic David Rooney—in its latest reorg. Reed Business Information has sold or plans to sell most of its U.S. titles that rely heavily…

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Posted In: Entertainment, Movies, Media & Publishing, Magazines, Online News, Companies, Reed Elsevier, david rooney, tim gray, todd mccarthy, variety

Pre-Oscar Drama: Disney Sends ‘New’ Proposal; Cablevision Offers Binding Arbitration

Mar 7, 2010 3:17 PM

Last-minute dramatics this afternoon as the next “deadline” approaches for Disney (NYSE: DIS) and Cablevision: tonight’s Academy Awards. Disney says it’s sent a new proposal and the ball is in the cable operator’s court. But Cablevision (NYSE: CVC) is playing a different game: calling on “CEO Bob Iger to immediately…

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Posted In: Entertainment, Movies, Media & Publishing, TV, Broadcast, Cable & Telecom, VOD, Companies, Disney, ABC, bob iger, cablevision, james dolan

Roger Ebert Makes Pay Play: The Ebert Club

Mar 4, 2010 11:46 PM

Roger Ebert thrives on the web. Now he’d like to get paid for it but not by blocking access to the site or its 10,000-review archive. Instead the Chicago Sun-Times movie critic—a master blogger and tweeter—is going the value-added route, launching The Ebert Club: annual subscriptions $4.99 through the end…

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Posted In: Entertainment, Movies, Social Media, Nanopublishing, roger ebert

Tribeca Enterprises Launches Film Distribution & Online Premium Movie Ventures

Mar 4, 2010 5:26 PM

Tribeca Enterprises, the parent of Tribeca Film Festival, has launched two new multi-platform ventures in time for the upcoming festival next month. The first one is called Tribeca Film, a distribution arm for indie films year-round, with day-and-date releases on VOD through various cable cos as well. The first acquisitions…

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Posted In: Entertainment, Movies, tribeca enterprises

Blockbuster CEO: ‘We Certainly Don’t Think We’re Late For The Digital Side’

Mar 4, 2010 5:20 PM

Blockbuster’s stock is trading at under a dollar, its net losses are widening, and it’s in the midst of closing nearly 1,000 stores—but on CNBC Thursday CEO Jim Keyes insisted that the company had a bright future in digital because of its strong brand. “When you’re driving down mainstreet and…

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Posted In: Entertainment, Movies, DVD, Technologies / Formats, blockbuster, jim keyes

Sony’s Comeback Plan Includes PlayStation Smartphone

Mar 4, 2010 12:14 PM

The long-rumored Sony (NYSE: SNE) Playstation phone is now becoming a reality. Sony is developing a new lineup of handheld products, including a smartphone that would be capable of downloading and playing PlayStation games, as well as connecting to Sony’s online media platform, reports the WSJ, which quotes people familiar…

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Posted In: Entertainment, Gaming, Movies, Music, Media & Publishing, TV, Mobile, Companies, Apple, iPad, iPhone, Sony, Sony Ericsson

RealNetworks Gives Up On RealDVD; Will Pay Studios $4.5 Million

Mar 3, 2010 6:10 PM

Rob Glaser is still chairman of the board but it looks like the post-Glaser era at RealNetworks (NSDQ: RNWK) is well underway. The latest unraveling: Real is giving up the fight over RealDVD, the software deemed a copyright killer by the studios because it allowed users to store an image…

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Posted In: Entertainment, Movies, DVD, Technologies / Formats, Companies, RealNetworks, disney, realdvd, rob glaser, robert kimball, viacom

Russian Hulu Lookalike, Ivi.ru, Opens For Business

Mar 2, 2010 3:45 PM

They say imitation is the sincerest form of flattery. And, with Hulu yet to launch services outside its home market of the U.S., it’s no surprise, perhaps, that there are some sites bearing an uncanny resemblance to Hulu launching in other markets. The latest is ivi.ru, a Russian portal that…

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Posted In: Entertainment, Movies, Media & Publishing, TV, VOD, Countries, Europe, Russia, ivi.ru

Movie Downloads Windfall Fails To Materialize; Is Hulu To Blame?

Mar 1, 2010 1:37 PM

Yes Movielink and Cinemanow sucked for a long time, and iTunes never became a huge movie seller. That was 2-3 years ago. So what happened since, as online streaming has taken off? Turns out, not much on the uptick, only downside, in terms of revenues. According to new data coming…

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Posted In: Entertainment, Movies, Research & Metrics, Research, hulu

Earnings
Liberty Evaluating ‘Strategic Alternatives’ For Overture Films

Feb 25, 2010 3:20 PM

Two months after hiring former HBO CEO Chris Albrecht to oversee Starz as part of an original programming push, Liberty Media (NSDQ: LINTA) says it is evaluating strategic alternatives for Starz’s Overture Films division, which was established three years ago to produce and distribute 8-12 full length films annually. In…

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Posted In: Entertainment, Movies, Media & Publishing, TV, Money, Earnings, liberty media

Earnings
Blockbuster Loss Widens; Next 18 Months Remain ‘Challenging’

Feb 24, 2010 4:53 PM

As if Blockbuster (NYSE: BBI) didn’t have enough competition, this week’s news that Wal-Mart (NYSE: WMT) is buying digital home video service Vudu comes just as the Dallas-based movie renter is taking a cautious approach to build its vending and on-demand. Blockbuster’s net loss widened to $434.9 million in Q4…

EPS* Rev. vs Q408 Net Inc. vs Q408
Blockbuster Release Missed Analysts' Estimates Revenue Indicator 17.6% Net Income Indicator 20%
* vs. Analysts' Estimates: Beat Analysts' Estimates Beat Met Analysts' Estimates Met Missed Analysts' Estimates Missed
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Posted In: Entertainment, Movies, DVD, Money, Earnings, blockbuster

Updated: Walmart Buys Digital Home Video Service Vudu

Feb 22, 2010 1:58 PM

Walmart is about to make a semi-major move into digital home: the company confirmed after the market closed Monday that it is buying online/embedded movie service Vudu. The retailer describes Vudu as a “leading provider of digital technologies and services that enable the delivery of entertainment content directly to broadband…

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Posted In: Entertainment, Movies, Money, M&A & Venture Capital, Mergers & Acquisitions, vudu, wal-mart

Redbox Drops Warner Bros. Lawsuit; Accepts Extended DVD Window

Feb 16, 2010 5:10 PM

Redbox has ended its lawsuit against Warner Brothers Home Entertainment and will give in to the Time Warner (NYSE: TWX) unit’s demands for a longer lead time before the DVD kiosk operator makes its rentals available. The deal calls for new release DVD and Blu-ray titles to be made available…

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Posted In: Entertainment, Movies, DVD, Legal, Media & Publishing, TV, VOD, Companies, Time Warner, redbox, warner bros

Reelzchannel Buys Acquires Online Comedy Site HollywoodPressTV

Feb 16, 2010 9:00 AM

Movie previews and news cable outlet Reelzchannel is adding a dash of mockery to its web holdings with the acquisition of HollywoodPressTV. The comedy site is being sold to Reelzchannel by its creator, The Buddy Group, an Irvine, CA.-based online video company. Terms weren’t disclosed. Along with the acquisition, HollywoodPressTV’s…

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Posted In: Entertainment, Movies, Media & Publishing, TV, Cable & Telecom, Money, M&A & Venture Capital, Mergers & Acquisitions, hollywoodpresstv, reelzchannel

News Corp. Got $12.5 Million In Flixster Stock For Rotten Tomatoes

Feb 8, 2010 11:30 PM

News Corp. (NYSE: NWS) received $12.5 million in Flixster stock when it sold its Rotten Tomatoes movie reviews site to the startup last month, according to an SEC filing. We first reported about it on Twitter this morning, though the filing wasn’t clear enough on the mix of stock and…

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Posted In: Entertainment, Movies, Money, M&A & Venture Capital, Mergers & Acquisitions, Social Media, Community, Companies, News Corp., flixster, rotten tomatoes

Aussie Court Rules ISP Merely A Conduit For Hollywood Piracy

Feb 4, 2010 6:48 AM

A big setback Down Under for Hollywood studios: A federal judge in Australia has ruled that ISP iiNet is not liable for copyright infringements that get made by its customers. The precedent-setting decision flies in the face of the three-strikes laws being formed in other markets like neighboring New Zealand,…

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Posted In: Entertainment, Movies, Legal, Technologies / Formats, P2P, Countries, Australia & New Zealand

Movie Gallery Files For Chapter 11—Again

Feb 3, 2010 2:30 PM

Movie Gallery has filed for chapter 11 bankruptcy for the second time in less than three years, citing the “economic and competitive realities facing its business.” As rumored, the rental chain—which also owns Hollywood Video and Game Crazy—will shrink its retail footprint by at least a third. Movie Gallery says…

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Posted In: Entertainment, Movies, DVD, Legal, Money, Bankruptcy, movie gallery

YouTube’s Rental Box Office Totals Flop

Feb 2, 2010 1:40 PM

A figure that doesn’t seem to bode too well for paid content on YouTube: The video site grossed just $10,709.16 by renting five Sundance Film Festival movies on the site over the course of 10 days last week. Granted this was a very limited run with a select audience (movie…

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Posted In: Entertainment, Movies, Social Media, Video, Companies, BT, Google, YouTube

Netflix Adds A Trove Of Indie Films To Its Streaming Catalog

Feb 1, 2010 4:55 PM

Netflix’s online instant-streaming catalog is getting some indie cred. The company has reached deals with several big indie distributors, which will add about 300 new titles to Netflix’s online catalog. The distributors include the Criterion Collection, Gravitas Ventures, Kino Lorber, Music Box Films, and Oscilloscope Laboratories. The deals are relatively…

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Posted In: Entertainment, Movies, DVD, netflix

Taking A Deeper Look At Media’s Appetite For The iPad

Jan 28, 2010 5:55 PM

For some critics, the lack of participation from content companies at yesterday’s iPad launch threw some cold water on predictions for how the new device could help the media business regain revenues lost to the web. But if you looked hard enough, publishers were there and, more importantly, some have…

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Posted In: Advertising, Entertainment, Movies, Music, Gadgets, Media & Publishing, Books, eReaders, Magazines, Newspapers, TV, Cable & Telecom, Mobile, Social Media, News Sharing, Video, Technologies / Formats, Broadband, Companies, Amazon.com, Kindle, Apple, iPad, iPhone, AT&T, Conde Nast

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