Lisa's Feed
May 14, 2013

In ratings challenge, NBC and Fox revive old favorites

By Liana B. Baker and Lisa Richwine

(Reuters) – Broadcast networks Fox and NBC are turning to proven favorites to lure new viewers next season, with Fox rebooting the defunct Kiefer Sutherland action series “24″ and NBC bringing back Michael J. Fox in a comedy loosely based on his life.

The two networks pitched their TV schedules to advertisers on Monday at the start of the “upfront” selling season, an annual rite when broadcasters try to persuade advertisers to shell out billions of dollars in advance for their new shows.

May 13, 2013

Fox, NBC turn to familiar faces to boost viewership

By Liana B. Baker and Lisa Richwine

(Reuters) – Broadcast networks Fox and NBC are turning to proven favorites to lure new viewers next season, with Fox rebooting the defunct Kiefer Sutherland action series “24″ and NBC bringing back Michael J. Fox in a comedy loosely based on his life.

The two networks pitched their TV schedules to advertisers on Monday at the start of the “upfront” selling season, an annual rite when broadcasters try to persuade advertisers to shell out billions of dollars in advance for their new shows.

May 12, 2013

‘Iron Man’ beats strong ‘Gatsby’ in box office showdown

By Lisa Richwine and Chris Michaud

(Reuters) – Tony Stark’s superpowers lifted blockbuster “Iron Man 3″ back to the top of movie charts in the United States and Canada, beating out a strong debut over the weekend for lavish Jazz Age drama “The Great Gatsby.”

Coming off a gigantic opening a week earlier, “Iron Man 3″ commanded $72.5 million in ticket sales from Friday through Sunday in its second weekend. “Gatsby,” starring Leonardo DiCaprio as millionaire Jay Gatsby in the classic F. Scott Fitzgerald tale, earned a strong $51.1 million, according to studio estimates.

May 12, 2013

U.S. broadcast TV ratings slide pressures ad rates at ‘upfronts’

By Lisa Richwine and Liana B. Baker

(Reuters) – U.S. broadcast networks head into their biggest ad-selling season this week, competing with streaming services like Netflix, battling online players for ad dollars, and fending off hits starring zombies and duck hunters on cable.

The increased competition will force ABC, CBS, Fox and NBC to settle for their lowest average rate hikes in three years during the “upfront” selling season, Wall Street analysts say.

May 8, 2013

News Corp results beat estimates, spin-off on track

By Lisa Richwine

(Reuters) – Rupert Murdoch’s News Corp reported quarterly earnings that beat Wall Street expectations, aided by growth at its cable networks, and said it is on track to split off its slow-growing publishing business by the end of June.

Its revenue rose 14 percent from a year earlier to $9.5 billion in the quarter, ended March 31, News Corp said on Wednesday. The company posted adjusted earnings of 36 cents per share, just beating the 35 cents expected on average by analysts, according to Thomson Reuters I/B/E/S.

May 7, 2013

Disney’s profit rises on parks, ‘Oz’ movie

LOS ANGELES (Reuters) – Media giant Walt Disney Co reported a 32 percent increase in profit that beat Wall Street expectations, boosted by higher spending and attendance at U.S. theme parks, and the movie box office success of “Oz the Great and Powerful.”

Revenue for the company that operates cable networks, theme parks and a movie studio increased 10 percent to $10.6 billion. At the parks division, revenue gained 14 percent and operating income climbed 73 percent as resorts in Florida and California attracted more visitors and guests spent more.

May 6, 2013

“Iron Man 3″ soars with huge $175.3 million in U.S. debut

NEW YORK (Reuters) – Superhero sequel “Iron Man 3″ rocketed to the top of U.S. and Canadian box office charts, kicking off Hollywood’s summer movie season with $175.3 million (112.5 million pounds) in weekend ticket sales for the second-biggest film opening of all time.

Combined with international sales, the movie from Walt Disney Co’s Marvel studio brought its global haul to an estimated $680.1 million, Disney said on Sunday.

May 5, 2013

‘Iron Man 3′ soars with huge $175.3 million in U.S., Canada debut

NEW YORK (Reuters) – Superhero sequel “Iron Man 3″ rocketed to the top of U.S. and Canadian box office charts, kicking off Hollywood’s summer movie season with $175.3 million in weekend ticket sales for the second-biggest film opening of all time.

Combined with international sales, the movie from Walt Disney Co’s Marvel studio brought its global haul to an estimated $680.1 million, Disney said on Sunday.

May 5, 2013

‘Iron Man 3′ soars with huge $175.3 mln in US, Canada debut

NEW YORK, May 5 (Reuters) – Superhero sequel “Iron Man 3″
rocketed to the top of U.S. and Canadian box office charts,
kicking off Hollywood’s summer movie season with $175.3 million
in weekend ticket sales for the second-biggest film opening of
all time.

Combined with international sales, the movie from Walt
Disney Co’s Marvel studio brought its global haul to an
estimated $680.1 million, Disney said on Sunday.

May 1, 2013

CBS profit gains on advertising, cable revenue

May 1 (Reuters) – Broadcaster CBS Corp reported a
better-than-expected first-quarter profit, boosted by
advertising during February’s Super Bowl telecast and a jump in
revenue from Showtime and its other cable channels.

The company recorded $463 million in net earnings for the
January through March period, a 17.5 percent increase from $394
million a year earlier, CBS said on Wednesday.