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Feb 13, 2013

Kevin Spacey, Eva Longoria find starring roles online

Feb 13 (Reuters) – “Desperate Housewives” alum Eva
Longoria’s new project won’t bring her back to ABC, or any
traditional U.S. television network. The actress will produce
and lend her voice to “Mother Up!,” a 13-episode adult animated
comedy available in the U.S. this fall only on the online video
site Hulu.

Longoria, Kevin Spacey, John Goodman and other top Hollywood
actors are being wooed by the growing number of Silicon Valley
companies rushing to get a foothold in consumers’ living rooms
with exclusive shows that feature big names and hefty budgets.

Feb 12, 2013

Exclusive: Shareholder objects to Outdoor Channel merger deal

LOS ANGELES (Reuters) – A firm that owns more than 2 percent of Outdoor Channel Holdings Inc (OUTD.O: Quote, Profile, Research, Stock Buzz) urged the company’s board to halt a planned sale of the cable network to Leo Hindrey’s InterMedia Outdoor Holdings LLC, according to a letter provided to Reuters.

UTR LLC, an investment firm for high-net-worth individuals, said Outdoor Channel’s board ran an inefficient sale process that did not secure the best deal for shareholders.

Feb 1, 2013

Super Bowl ads court controversy, get pre-game payoff

Feb 1 (Reuters) – Provocative commercials for this year’s
Super Bowl broadcast have scored points before the opening
kickoff, with eyeball-fetching teasers nearly as important to
advertisers as the longer spots for the actual game.

Even the prospect of bad publicity has not tempered the
promotions. Coca-Cola and Volkswagen entries
generated complaints about racial stereotyping. A teaser for
Mercedes-Benz showcasing a supermodel’s body has
already drawn the ire of some media watchdogs.

Jan 30, 2013

“Diabolical” Spacey plots revenge in Netflix show “House of Cards”

LOS ANGELES (Reuters) – In the new political drama series “House of Cards,” Kevin Spacey plays a win-at-all-costs American politician scheming to disrupt the young administration of a president he helped elect.

The setting serves as the backdrop for a series that distributor Netflix Inc hopes will leave its mark by shaking up the television landscape.

Jan 28, 2013

Time Warner names Tsujihara CEO of Warner Bros. studio

Jan 28 (Reuters) – Time Warner Inc on Monday named
digital technology expert Kevin Tsujihara chief executive of
Warner Bros. Entertainment, the film studio behind the “Harry
Potter” movie franchise and hit TV shows such as “The Big Bang
Theory.”

Tsujihara will begin the CEO job on March 1, Time Warner
said in a statement. He will succeed Barry Meyer, who will stay
with the company as chairman through 2013.

Jan 28, 2013

Witch-hunting “Hansel & Gretel” wins U.S. box office

By Lisa Richwine and Patricia Reaney

(Reuters) – A grown-up “Hansel & Gretel” grabbed the weekend box office title, pulling in $19 million (12 million pounds) in U.S. and Canadian ticket sales with its reinvention of the fairy tale characters as fierce bounty hunters.

“Hansel & Gretel: Witch Hunters” knocked last weekend’s winner, low-budget horror flick “Mama,” into second place. “Mama” earned $12.8 million from Friday through Sunday, according to studio estimates, followed by “Silver Linings Playbook” with $10 million.

Jan 27, 2013

Witch-hunting ‘Hansel & Gretel’ wins box office

Jan 27 (Reuters) – A grown-up “Hansel & Gretel” grabbed the
weekend box office title, pulling in $19 million in U.S. and
Canadian ticket sales with its reinvention of the classic fairy
tale characters as fierce bounty hunters.

“Hansel & Gretel: Witch Hunters” knocked last weekend’s
winner, low-budget horror flick “Mama,” into second place.
“Mama” earned $12.8 million from Friday through Sunday,
according to studio estimates, followed by “Silver Linings
Playbook” with $10 million.

Jan 25, 2013

CBS scores record local ad sales for Super Bowl

LOS ANGELES, Jan 25 (Reuters) – Splashy Super Bowl ads for
national advertisers like Coca-Cola Co and Budweiser
always seem to set records, but sales of lucrative local
commercials on stations owned by broadcaster CBS Corp
will also hit an all-time high this year.

“It’s huge compared with what CBS did three years ago,” said
Peter Dunn, president of CBS Television Stations. “Money is
still coming in, so it’s still not finished. We do think it’s a
record for total revenue.”

Jan 24, 2013

Netflix wins back Wall Street, shares jump 42 pct

Jan 24 (Reuters) – Netflix Inc impressed Wall
Street with a surprisingly strong holiday quarter that eased
near-term concerns about its costly international expansion and
its movie and TV bill, sending its shares skyrocketing 42
percent.

The jump represented the largest single-day gain from
Netflix, though shares were still trading at just under half
their record of more than $300 in July 2011, when the company
was celebrated on Wall Street for pioneering a video service
that rocked the traditional media industry and Hollywood.

Jan 24, 2013

Netflix in surprise holiday-driven profit, shares jump 35 pct

Jan 23 (Reuters) – Netflix Inc surprised Wall
Street on Wednesday with a quarterly profit after the video
subscription service added nearly 4 million customers in the
United States and abroad, sending its shares 35 percent higher
in after-hours trading.

The dominant U.S. video rental and streaming company had
warned three months ago a letter to investors that it was likely
to see a loss for the October to December period, attributing it
to startup costs for its expansion into Scandinavia.