There's no such thing as a summertime lull when earnings season is upon us. Next week will bring plenty of headlines -- among them box office receipts for the last Harry Potter film and quarterly results from Apple, Cintas, and Microsoft.
YouTube has been a powerhouse in the online video arena since well before Google bought it. YouTube dominates the sector, accounting for nearly four out of 10 online video viewing sessions in the U.S. in May. What's still a question is how much the video-sharing site will add to Google profits.
Netflix Gets "Mad," Gets Even
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.
Warner Bros. finally had enough of Sheen's antics. The producers figured that the show's star -- who was reportedly paid nearly $2 million an episode --- was no longer worth the considerable trouble he created. Still, the move is a financial risk.
While painful (for most folks) to watch, the actor's explosion has created a bonanza for the tabloid mill. But on a broader level, Sheen has also offers a potential shot in the arm for companies across the spectrum, from media to pharmaceuticals.
Companies that have piled up cash over the past few years are finding one good use for it: Repurchasing their own shares. January alone saw $57 billion in buybacks, compared with $357 billion for all of 2010. While buybacks don't add value, they do give investors more options.
So far, at least, Piers Morgan shows no signs of becoming CNN's savior: His ratings have fallen below that of his predecessor, Larry King.
Comcast reached an agreement with Time Warner that will allow the cable-television giant to air content from Time Warner's Turner Broadcasting unit on Comcast's Xfinity videostreaming service.
It's award season in Hollywood, with the Oscars just weeks away. But stocks are forward-looking, so investors are already keying on summer blockbuster season. And a bigger-than-expected summer hit or two can indeed provide a catalyst for media and entertainment company shares.
After Olbermann, Is Comcast Set to Overhaul MSNBC? Don't Bet on It
Google is considering a plan to charge publishers less to sell news to Android users than the 30% fee that Apple typically charges to sell apps on iTunes. Will that be enough to attract news publishers?
The Top Media Stories of 2010
Time magazine has unveiled its Person of the Year for 2010: Facebook founder Mark Zuckerberg. And in a separate accolade, his company was also named the Best Place to Work for 2011. You can almost hear the seething over at Google.
That's the price tag for a Prima Cinema system that'll let you watch the latest releases at home from day one. The cost is sure to keep the market small, for now at least. The promise is that this is just the first step to more widespread at-home distribution.
In its transition from mail-order DVDs to streaming video, Netflix's latest move highlights why the company has been so successful.
"Harry Potter and the Deathly Hallows, Part 1" attracted $125 million in U.S. box office sales last weekend in the most successful Harry Potter opening yet.
The only thing that's surprising about Lou Dobbs getting hired by the Fox Business Channel was that it didn't happen sooner. Still, liberals were predictably outraged, no matter how low Fox Business's ratings are.
When News Corp. (NWS) made two high-profile donations to Republican organizations totaling $2 million, liberals were outraged, saying it proved the media conglomerate and its Fox News Channel were fronts for the Republican Party. On the opposite side of the political aisle, the same point was made after Keith Olbermann's suspension by MSNBC. The truth, though, is more ambiguous.
Media giant Time Warner (TWX) reported Wednesday its third-quarter earnings fell 21% as the company took a hefty charge. Adjusted earnings, however, rose, handily topping analysts' estimates as revenue increased. The company also raised its 2010 earnings outlook.
After filmmakers last week threatened to shoot "The Hobbit" films elsewhere, New Zealand has come up with $25 million in incentives to keep production in the country.
HBO has debuted a novel liquor-store marketing campaign tied to Canadian Club whiskey for its Prohibition-era drama Boardwalk Empire, and some critics fear it may affect an unintended audience: children and young adults. Is the series further glamorizing drinking for the underage crowd?
As the mid-term election slowly draw nearer, we're taking a look at the companies whose deep pockets help keep America's political campaigns rolling along. With the help of the nonpartisan folks at the Center for Responsive Politics, we've combined a list of the top ten corporate campaign contributors, offering a look at the candidates they support, the issues that concern them, and their lobbying habits.
In these slimmed down times, employees often pick up more responsibilities at work without receiving more pay. But there is a bright side. James Altucher of Formula Capital explains how you can turn the tables to help your employer while also taking steps to ensure a better future for you. Here's what you need to do.
CNN says it's confident in its newest show, starring Kathleen Parker and Eliot Spitzer, but there's reason to think the network is already quietly lining up the fire trucks next to the runway in expectation of a flameout.
CNN's great 8PM hope, Parker Spitzer, garnered lackluster ratings in its debut Monday night, trailing Fox News Channel, MSNBC, and CNN's own sister network HLN. Television critics, meanwhile, savaged the program.
CNN is sick of being the punching bag of the cable news world. Explaining why the network replaced the head of CNN U.S., CNN Worldwide President Jim Walton cited what he described as unfair press coverage focusing on CNN's declining ratings, while ignoring its growing profitability.