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The Business





 



Viacom CEO Denies Interest in Buying Vice Media Stake

Mon, 05 Dec 2016 20:23:39 +0000

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"In the last couple of years, we've lost share," Viacom CEO Robert Bakish said of the conglomerate's TV channels. "We need to take that back."

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Digital, TV Ad Trends in Focus at UBS Conference

Mon, 05 Dec 2016 19:54:18 +0000

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As forecasts say digital will overtake TV spending in the U.S. in 2017, industry prognosticators and CBS' research chief discuss momentum and the role of Google and Facebook.

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N.Y. Times Nabs Over 200,000 New Digital-Only Subscriptions Since Election Day, CEO Says

Mon, 05 Dec 2016 18:38:11 +0000

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Trump headed to the White House has been good for business at the Grey Lady.

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Rolling Stone Asks Judge to Toss Jury's Defamation Verdict

Mon, 05 Dec 2016 18:23:33 +0000

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"In the end, the jury verdict acts as a million-dollar penalty against a publisher that sought to promptly put readers on notice of serious concerns with an article and, as such, violates basic public policy."

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Sky Executive Touts Original Programming, Says Firm Is "Partner of Choice" for Content Companies

Mon, 05 Dec 2016 18:18:22 +0000

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The company, in which Fox owns a 39 percent stake, presented at the UBS Global Media and Communications Conference, while James Murdoch said there was no decision on what to do with the conglomerate's stake.

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Leslie Moonves Says Its Early Days for Figuring Out Whether CBS Should Merge With Viacom

Mon, 05 Dec 2016 17:40:33 +0000

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"We're looking at it — we'll see what happens," the CBS CEO said.

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A&E Networks Accused in $33 Million Lawsuit of Pushing Out 'Killer Kids' Producer

Mon, 05 Dec 2016 16:02:58 +0000

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To secure rights to the show, the defendant allegedly misrepresented the contract and threw up roadblocks over credits.

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James Murdoch Says Fox News Did a Good Job in Transitioning From Roger Ailes

Mon, 05 Dec 2016 13:25:26 +0000

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The 21st Century Fox chief also says that the company isn't concerned with "empire building."

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Discovery CEO Eyes Direct-to-Consumer Push, Lauds TLC's Focus on Middle America "Starving" for Content

Mon, 05 Dec 2016 13:10:30 +0000

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David Zaslav at the UBS Global Media and Communications Conference in New York also vows a record 2016 and 2017 and says the company could operate fewer networks down the line.

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'Your Name' Now Second-Highest-Grossing Japanese Film, Passing 'Howl's Moving Castle'

Mon, 05 Dec 2016 09:34:24 +0000

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The anime hit about body-swapping teenagers opened at No. 1 in China on the weekend and could become the biggest Japanese film of all time at the global box office.

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U.S. Ad Growth to Slow in 2017 After Olympics and Elections, Zenith Sees Political "Uncertainty"

Mon, 05 Dec 2016 06:01:00 +0000

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U.S. internet ad spending will rise 16.9 percent this year to $60.9 billion and keep growing. In 2017, it should hit $69.2 billion to overtake TV's $68.6 billion.

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Bob Iger to Attend Trump's Policy Forum at White House

Fri, 02 Dec 2016 17:36:10 +0000

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The February forum will be hosted by Blackstone chairman Stephen A. Schwarzman.

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Ticketmaster, StubHub and the Battle Over the Future of Ticket Pricing

Fri, 02 Dec 2016 14:30:00 +0000

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StubHub and Ticketmaster, long-time rivals, unite in support of the BOTS Act, a law that could curtail mass digital purchases and inflated resales.

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Hollywood Docket: Radar Online Beats Suit from 'American Idol' Alum on Appeal

Fri, 02 Dec 2016 13:30:00 +0000

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Plus, Viacom beats a lawsuit over 'Love & Hip Hop' and sanctions are threatened in a suit over Bob Marley hits.

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Starbucks CEO Howard Schultz to Step Down

Fri, 02 Dec 2016 02:04:04 +0000

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Schultz, who will remain at the company as executive chairman, will be succeeded by current president and chief operating officer Kevin Johnson.

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