LOS ANGELES, Feb 24 (Reuters) – Time Warner Inc’s
Warner Bros. basked in the golden glow of coveted Best Picture
Oscar for its Iran hostage drama “Argo” on Sunday, giving the
Ben Affleck film a likely boost for its ticket and home
Hollywood’s big night often proves a boon to studios that
take home Oscars, and this year the haul was spread among
several major film companies.
LOS ANGELES, Feb 22 (Reuters) – Warner Brothers’ “Jack the
Giant Slayer,” the first big-budget, special effects-filled
action movie of 2013, could be headed for less than huge sales
at U.S. and Canadian box offices when it opens on March 1.
Industry tracking suggests the 3D movie based on the “Jack
and the Beanstalk” fairy tale will debut with $27 million to $32
million in the domestic market during its first three days,
according to sources who have seen the pre-release surveys.
LOS ANGELES (Reuters) – The movie studios behind this year’s Best Picture nominees already have brought home a treasured prize: big box-office sales that placed the Oscar contenders among the most-watched films of 2012.
The nine competitors for Hollywood’s top film award sold a combined $2 billion in tickets worldwide heading into Sunday’s Academy Awards ceremony. Six of them, including frontrunners “Argo” and “Lincoln,” hauled in at least $100 million apiece at U.S. and Canadian theaters.
(Reuters) – The fifth movie in the Bruce Willis “Die Hard” franchise scored the biggest box-office action over the U.S. holiday weekend, beating out love story “Safe Haven,” which came in third for the Friday-through-Sunday period.
“A Good Day to Die Hard,” with Willis returning as the tenacious wise-cracking hero John McClane, pulled in $25 million at U.S. and Canadian theaters from Friday through Sunday, according to studio estimates.
(Reuters) – CBS Corp reported a 6 percent gain in fourth-quarter profit on Thursday, boosted by political advertising on its TV networks and higher revenue from cable channel fees.
But the company’s earnings-per-share for October to December fell short of Wall Street analysts’ expectations, and its shares dipped nearly 1 percent after hours.
Feb 14 (Reuters) – The California State Teachers’ Retirement
System (CalSTRS) said on Thursday it will oppose Walt Disney
Co’s combination of the CEO and chairman roles, and its
executive pay plan at the company’s annual shareholder meeting
The second-largest U.S. pension fund owns about 5.3 million
Disney shares, a 0.3 percent stake worth $263 million.
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
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.
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 (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.
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.