twx
Good Riddance: Warner Bros. Finally Cuts Off Charlie Sheen
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.
Face-Off on Stocks: Disney, Viacom, Time Warner
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.
CNN Hopes to Spin Its Own Story with Change at the Top
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.
CNN Replaces Jon Klein as Makeover Looms
CNN president Jonathan Klein has been hard at work this year remaking the network's primetime lineup, its most important programming block. But whether or not his effort proves successful, he won't be around to find out.
Why SI Ignored Apple's iPad Guidelines
Magazine publishers are at great pains these days to please Apple, whose fast-selling tablet computer, the iPad, just may be the key to their future survival. But following all the persnickety dictates handed down by Steve Jobs isn't always easy, as Sports Illustrated recently realized.
Time Warner Q2 Earnings Better Than Presentation of Earnings
Unintentional hilarity is usually not a good thing in a corporate earnings call, but when your results are as strong as those reported Wednesday by Time Warner, you can afford to have a sense of humor.
Larry King's Leaving CNN Show
Larry King made the announcement on Twitter that he would be ending his Larry King Live interview show this fall, after 25 years on the air -- and less than 25 minutes later, it was already the punchline of Twitter jokesters.
Microsoft Xbox Challenges Cable TV
Microsoft plans to use its XBox Live as a means to stream movies and TV shows into people's homes. If the extremely ambitious program eventually works as planned, customers could have no need for their cable TV.
Wall Street Has Many Things to Be Sorry About -- Just Not Corporate Jets
When JPMorgan Chase CEO Jamie Dimon and Bank of American (BAC) head Brian Moynihan flew today via corporate aircraft to Washington, D.C., to testify before a Congressional panel investigating the financial crisis, their mode of transport raised some eyebrows. But the furor over corporate jets, which are often the most efficient way to transport executives, distracts from the larger issues.