Warner Brothers

Facebook: Writing a Script for Online Movie Consolidation?

Warner Brothers is launching the first streaming-video app that lets people rent movies through Facebook. First up: The Dark Knight. It's a small test, but when Facebook enters a business, competitors get nervous: Here's how this move could trigger a round of mergers among the established players.

The (Unlikely) Economics of Your Book Becoming a Movie

Previously for DailyFinance, Catherine Ryan Hyde described how novelists (theoretically) profit from their books. Here, the author of Pay It Forward, which was adapted to film, explains what happens to authors when their books become movies. Hint: Money doesn't have a starring role.

Hooray for Hollywood and
the U.S.?

Observers are bracing for the revenue avalanche that 'Avatar' will generate in its third weekend onscreen -- even as they debate the movie's effect on their industry, and what if anything it may augur for the national economy and employment rates.