Latest Stock News


Disney's Mermaid Revival: Bring Your Ipad

12th September 2013

Ordinarily before screenings of feature films, theater owners ask patrons to turn off their cellphones and refrain from talking. However, an ad for Disney's The Little Mermaid: Second Screen Live, which hits selected theaters on...

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Radioshack May Get Lift From Cbs-time Warner Cable Tiff

27th August 2013

Struggling RadioShack, which has seen its stock plummet over the past year as it posted consecutive quarterly losses, could become the chief beneficiary of the CBS-Time Warner Cable stalemate over retransmission-consent fees. On Monday it...

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Star Trek, World War Z Lift Viacom

2nd August 2013

Ninety-year-old media mogul Sumner Redstone had good reason to be smiling today (Friday). A day after his CBS Corp. reported a better-than-expected second quarter, his Viacom Inc. reported a 20-percent jump in net income for...

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Croods Lifts Dreamworks Animation

1st August 2013

DreamWorks Animation saw its profit soar a whopping 73 percent during the second quarter thanks to strong ticket sales for The Croods, which took in $584 million worldwide. That result no doubt buoyed enthusiasm for...

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How Popular Was House Of Cards Anyway?

18th July 2013

Netflix may have made a big publicity splash with its original drama House of Cards, which garnered solid reviews, nine Emmy nominations, and appeared to help lift the company's stock. However, according to a study...

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Lone Ranger Flop Fails To Hurt Disney Stock

9th July 2013

Go figure. Despite the fact that some analysts were predicting that Disney might have to take a $150-190 million write-off on The Lone Ranger following a disastrous start over the Independence Day holiday, the company's...

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Netflix Shares Jump 6 Percent In One Day -- But Why?

2nd July 2013

Netflix shares, arguably the most volatile among all media holdings, jumped 6 percent on Monday, leaving many analysts scratching their heads trying to figure out what had been the catalyst for the upsurge. True, the...

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Tesla -- Operates Without Gas And Without Tv Advertising

11th June 2013

Electric car maker Tesla has managed to sell enough cars to send its stock soaring this year -- it's up 300 percent so far -- but it has achieved that success without traditional TV advertising...

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Another Media Consolidation -- Young Broadcasting & Media General

7th June 2013

In an all-stock deal, Media General and Young Broadcasting have agreed to merge. With Media General's 18 stations, and Young's 12, the combined company, which will be called Media General, will own 30 stations in...

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Tv Reviews: Arrested Development

29th May 2013

Arrested Development may have been kicked off the air in 2006 after three seasons because of low ratings, but its online resurrection via Netflix Sunday night may have given the streaming service its most-watched hit...

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Coen Bros. Film Becomes Cannes Frontrunner

20th May 2013

The Coen brothers, Joel and Ethan, have directed the most talked-about film at the Cannes Film Festival thus far and are clearly the frontrunners at this point for the festival's prestigious Palme d'Or trophy. Stories...

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How Reliable Is Howard Kurtz?

6th May 2013

Media critic Howard Kurtz has kept his job at CNN -- at least for the time being -- but not before having to undergo a trial by fire as two other media critics laced into...

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Thar's Gold In Them Thar Hoops

12th April 2013

AdWeek is crediting the NCAA Men's Basketball Championship -- aka March Madness -- for significantly boosting the stock of CBS Inc. and Time Warner between March 1 and April 9 (the day after Louisville defeated...

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Dreamworks Animation Out Of The Woods With The Croods

8th April 2013

Investors in DreamWorks Animation must have exhaled a long sigh of relief today (Monday) after learning that the company's latest release, The Croods, had raked in $34.1 million overseas to raise its foreign total to...

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2d Films Hurt 3d Leader Reald

7th February 2013

3D is turning out to be something less than the expected next big thing for the movie industry. One need look no further for the reality of that statement, than the latest results of RealD,...

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Dreamworks Animation Teeters

7th February 2013

The studio that brought you Shrek had a day on Wall Street that could be likened to dreck. Stock in DreamWorks Animation tumbled 3.8 percent to $16.75 -- a tad above its 52-week low of...

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Icahn Girds For War With Netflix Chief

14th November 2012

Carl Icahn, who has taken a 10-percent stake in Netflix, has vowed to find a buyer for the video rental company who'll be willing to pay a hefty premium for its weakened stock and sort...

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Disney Buys Lucasfilm; Star Wars Saga To Resume

31st October 2012

In an announcement that surprised -- if not astonished -- the movie industry, the Walt Disney Co. announced on Tuesday that it has acquired George Lucas's Lucasfilm LTD in a stock-and-cash deal worth $4.05 billion....

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Disney Buys Lucasfilm; Star Wars Saga To Resume

31st October 2012

In an announcement that surprised -- if not astonished -- the movie industry, the Walt Disney Co. announced on Tuesday that it has acquired George Lucas's Lucasfilm LTD in a stock-and-cash deal worth $4.05 billion....

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Storm Plays Havoc With Tv

30th October 2012

As dozens of network-owned and -affiliated stations opted out of their regular programming and switched to local coverage of Hurricane -- now Tropical Storm -- Sandy, some networks decided to drop original episodes Monday night...

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Associated Press Digitizing Its Video Archives

13th September 2012

Hoping to attract more customers for news footage stored in its vaults, the Associated Press said that it has begun transferring to digital media some 70,000 hours of 16mm film and videotape. The film archives...

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Shatner's Negotiator Returns From The Dead

16th August 2012

Priceline may have killed off William Shatner's braggart "Negotiator" character in its television commercials eight months ago (after helping to rescue his fellow passengers, he went down in flames off a cliff in a tour...

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David Beckham To Be Worth More After Olympics

15th August 2012

David Beckham is expected to bank a fortune in the next 12 months thanks to his involvement in the 2012 London Olympic Games and its opening ceremony.A leading Hollywood management and marketing agency said that...

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Icahn Gets Out Of The Movie Business

1st August 2012

There was a time when maverick investor Carl Icahn actively backed a merger of Lionsgate and MGM. At the time he was a major stockholder in both companies. But he eventually sold his shares in...

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Netflix Shares Continue To Tumble

30th July 2012

Netflix's free fall continued unabated today (Monday) as shares plunged to $56.14 in midmorning trading on the Nasdaq, down an addition 3.5 percent to a new 52-week low. The company was hit anew with damaging...

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Netflix Shares Plunge

25th July 2012

Shares of Netflix were down more than 24 percent at midday trading today (Wednesday) following the company's after-hours report on Tuesday that its net income for the second quarter was down 91 percent from the...

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Shares Of Theater Chains Drop Despite Pick Up In Attendance

25th July 2012

Ordinarily after a weekend that saw theater attendance soar, one might have expected that the stock of exhibitors would also follow suit. Such was not the case, however, with shares of several exhibitors tumbling in...

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Alec Baldwin's Fitness Plans For Wife

21st July 2012

Alec Baldwin wants his wife to release a fitness range.The 'It's Complicated' star wed yoga teacher Hilaria Thomas in New York in June, and after they have settled into their new life together he is...

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Elton John: My Friend's Death From Aids Saved My Life

16th July 2012

Sir Elton John believes he would be dead if it wasn't for his late friend who died of AIDS aged 18. The 65-year-old singer - who has battled drink and drugs addiction - admits he...

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Jason Donovan 'Disappointed' At Kylie Duet Cancellation

11th July 2012

Jason Donovan is ''extremely disappointed'' that his and Kylie Minogue's performance of 'Especially For You' has been called off.The Australian singer expressed his sadness at the decision to cancel the pair's rendition of their 1988...

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