Lisa's Feed
Oct 31, 2012

Disney’s $4 billion Lucasfilm deal began with lightsabers in Orlando

LOS ANGELES (Reuters) – Walt Disney Co’s $4 billion deal to buy George Lucas’s Lucasfilm Ltd, Disney’s third major entertainment acquisition in seven years, started taking shape in May 2011, when the “Star Wars” creator had to show Disney CEO Bob Iger how to use a lightsaber.

Lucas and Iger were at Disney’s Hollywood Studios theme park in Orlando, Florida, brandishing the toys at the grand opening of a 3-D version of the park’s Star Tours ride, Iger recalls, and “George had to show me how to use it.”

Oct 30, 2012

Disney to buy “Star Wars” producer for $4.05 billion

By Himank Sharma and Lisa Richwine

(Reuters) – Walt Disney Co has agreed to buy filmmaker George Lucas’s Lucasfilm Ltd and the “Star Wars” franchise for $4.05 billion in cash and stock, a blockbuster deal that adds one of the most beloved franchises in entertainment history to Disney’s lineup.

Disney said there would be a new series of “Star Wars” feature films as part of the deal, with the first movie expected in 2015. Disney Chief Executive Bob Iger, in prepared remarks for analysts, said the plan was to release a new movie in the series every two to three years thereafter.

Oct 30, 2012

Weather Channel leads cable news ratings with Sandy coverage

LOS ANGELES (Reuters) – Viewers looking for an update as Hurricane Sandy approached the U.S. East Coast made The Weather Channel the most-watched cable news channel on Sunday.

An average of more than 1.4 million people watched The Weather Channel at some point during the day, according to Nielsen data supplied by the network.

Oct 29, 2012

Giants’ World Series win sweeps ratings into basement

LOS ANGELES, Oct 29 (Reuters) – The San Francisco Giants’
four-game World Series sweep thrilled the team’s fans, but the
lopsided contest attracted the smallest television crowd in the
championship’s history for broadcaster Fox.

The 2012 telecast of the Fall Classic averaged 12.7 million
viewers, News Corp unit Fox said on Monday. That left
the Giants’ victory over the Detroit Tigers in the ratings
cellar, according to Nielsen data.

Oct 27, 2012

Time Warner Cable signs two Lakers deals as clock ticks

Oct 26 (Reuters) – Time Warner Cable, under pressure to sign TV distributors to cover the costs of its deal to carry Los Angeles Lakers games, reached agreements with Charter Communications and Verizon four days before the basketball team’s first home game, the companies said on Friday.

“Charter is the first provider of this brand new programming in our service areas, and we know that the addition of these networks especially pleases our customers in Southern California,” said Allan Singer, Charter’s senior vice president of programming.

Oct 27, 2012

Time Warner Cable signs two Lakers deals as clock runs down

Oct 26 (Reuters) – Time Warner Cable, under pressure to sign TV distributors to cover the costs of its deal to carry Los Angeles Lakers games, signed agreements with Charter Communications and Verizon four days before the basketball team’s first home game, the companies said on Friday.

“Charter is the first provider of this brand new programming in our service areas, and we know that the addition of these networks especially pleases our customers in Southern California,” said Allan Singer, Charter’s senior vice president of programming.

Oct 26, 2012

HBO delays launch in Nordic battle with Netflix

LOS ANGELES (Reuters) – Premium cable network HBO delayed the launch of video and online distribution of its programming in four Scandinavian countries, giving a head start in the region to a video streaming service by rival Netflix Inc.

HBO Nordic, the joint venture that runs the service, said in a statement to Reuters it had “slightly” pushed back the start date in Finland, Norway, Sweden and Denmark. It did not give a new launch date or a precise reason for the delay.

Oct 26, 2012

Hollywood home video sales rise for third straight quarter

LOS ANGELES, Oct 26 (Reuters) – U.S. consumer spending on
home video purchases rose slightly in the third quarter,
extending a slow recovery for Hollywood studios this year as
digital sales and Blu-ray discs replace traditional DVDs.

Spending on physical discs and electronic versions of movies
and TV shows was $3.9 billion from July to September, according
to figures released Friday by the industry-backed Digital
Entertainment Group.

Oct 24, 2012

Netflix shares drop after it cuts subscriber forecast

LOS ANGELES (Reuters) – Netflix Inc added fewer U.S. customers than Wall Street expected in the third quarter, forcing the company to roll back its year-end subscriber forecast and sending shares plunging 15 percent.

Netflix said on Tuesday it added 1.2 million new U.S. customers to its on-demand TV and movie streaming service during the July to September period, for a total of 25.1 million. That fell at the low end of the company’s guidance and below what some analysts predicted.

Oct 23, 2012

Netflix shares drop after subscriber forecast

LOS ANGELES (Reuters) – Netflix Inc signed up fewer new U.S. subscribers than Wall Street expected and rolled back the total number of customers for the year, sending its shares plunging 15 percent.

Netflix said on Tuesday it added 1.2 million new customers to its on-demand TV and movie streaming service in the United States during the July to September period, for a total of 25.1 million.