Lisa's Feed
May 1, 2013

DreamWorks Animation to buy teen YouTube channel AwesomenessTV

By Lisa Richwine

(Reuters) – DreamWorks Animation SKG Inc has agreed to buy teen- oriented YouTube network AwesomenessTV, to secure an online platform to showcase family-focused movie franchises such as “Shrek” and “Kung Fu Panda.”

DreamWorks said on Wednesday it will pay about $33 million in cash to acquire AwesomenessTV, with additional payments of up to $117 million if earnings targets are met in 2014 and 2015. The transaction is expected to be completed this month, it said.

Apr 28, 2013

Wahlberg’s “Pain & Gain” knocks Cruise from box office lead

By Lisa Richwine and Andrea Burzynski

(Reuters) – Mark Wahlberg’s dark comedy “Pain & Gain” brought enough box office muscle to knock Tom Cruise out of the No. 1 spot on movie charts in the United States and Canada.

Another box office heavyweight, Robert Downey Jr., scored big overseas with the international debut of Marvel superhero sequel “Iron Man 3.”

Apr 26, 2013

Back from the dead, two soap operas woo viewers online

LOS ANGELES, April 26 (Reuters) – The biggest drama in soap
operas these days isn’t who’s cheating, fighting amnesia, or
waking up from a coma. It’s whether the backstabbing and love
triangles that hooked afternoon TV viewers will work on the
Internet.

In a bold wager to revive canceled ABC soaps “All My
Children” and “One Life to Live,” a pair of Hollywood veterans
are taking the 40-year-old dramas online, remaking them for
lifelong fans and a younger, Internet-savvy audience.

Apr 23, 2013

Netflix has good hand with “House of Cards,” shares soar 24 percent

By Lisa Richwine

(Reuters) – Netflix Inc (NFLX.O: Quote, Profile, Research, Stock Buzz) impressed investors with solid subscriber growth and better-than-expected profits in the first quarter, sending shares of the video subscription service soaring 24 percent higher in after-hours trade.

A big push into original shows, a strategy aimed at hooking new customers with content they can’t get anywhere else, seems to be working, with its February release of the series “House of Cards”, a drama starring Kevin Spacey, generating plenty of buzz.

Apr 23, 2013

Netflix has good hand with ‘House of Cards’, shares soar 24 pct

April 22 (Reuters) – Netflix Inc impressed
investors with solid subscriber growth and better-than-expected
profits in the first quarter, sending shares of the video
subscription service soaring 24 percent higher in after-hours
trade.

A big push into original shows, a strategy aimed at hooking
new customers with content they can’t get anywhere else, seems
to be working, with its February release of the series “House of
Cards”, a drama starring Kevin Spacey, generating plenty of
buzz.

Apr 22, 2013

Netflix adds 2 million US streaming customers, shares jump 24 percent

By Lisa Richwine

(Reuters) – Netflix Inc (NFLX.O: Quote, Profile, Research, Stock Buzz) reported on Monday a first-quarter profit that beat Wall Street expectations as the dominant video rental service added 2 million new U.S. streaming subscribers, and its shares soared 24 percent.

Netflix shares rose to $216.62 in after-hours trading, after closing at $174.37 on Nasdaq.

Apr 22, 2013

Netflix adds 2 mln US streaming customers, shares jump 24 pct

April 22 (Reuters) – Netflix Inc reported on Monday
a first-quarter profit that beat Wall Street expectations as the
dominant video rental service added 2 million new U.S. streaming
subscribers, and its shares soared 24 percent.

Netflix shares rose to $216.62 in after-hours trading, after
closing at $174.37 on Nasdaq.

Apr 21, 2013

Tom Cruise takes back box office with “Oblivion”

By Lisa Richwine and Andrea Burzynski

(Reuters) – Tom Cruise’s post-apocalyptic thriller “Oblivion” wiped out the box office competition, racking up $38.2 million in weekend ticket sales during its U.S. and Canadian debut.

The debut of “Oblivion” knocked baseball movie “42″ into second place. The drama about Jackie Robinson, the first black player in the Major Leagues, earned $18 million from Friday through Sunday after leading the charts a week ago.

Apr 19, 2013

Despite error, CNN gets ratings boost from Boston bombing, trails Fox

By Lisa Richwine

(Reuters) – Cable news channel CNN saw a big spike in ratings as viewers kept tuned to its coverage of the Boston Marathon bombing, even after an embarrassing mistake in which it claimed a suspect was taken into custody earlier in the week.

Viewership on Time Warner-owned CNN nearly doubled from the previous week, from the first news of the bombings that killed three people at the race’s finish line to the start of a manhunt for two suspects.

Apr 15, 2013

Dish moves to rule mobile video, upend competition

April 15 (Reuters) – Dish Network Corp’s offer for
Sprint Nextel Corp holds the promise of upending U.S.
mobile video services, further stoking the deal frenzy among
telecommunication companies and pay-TV providers.

Charlie Ergen, the colorful chairman of Dish who
orchestrated the surprise counter-bid on Monday, said that by
marrying the No. 2 satellite TV carrier with the No. 3 mobile
services provider, the combined company would be able to offer
consumers more.