Lisa's Feed
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

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.

Jan 23, 2013

Netflix shares soar after surprise profit

By Lisa Richwine

(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 34 percent higher.

The dominant U.S. video rental company had warned three months ago that it expected a loss for the October to December period as it paid startup costs for an aggressive expansion into Scandinavia and other foreign markets.

Jan 20, 2013

Chastain horror film “Mama” takes big box office win

By Chris Michaud and Lisa Richwine

(Reuters) – Jessica Chastain overpowered Mark Wahlberg, Arnold Schwarzenegger and others as her low-budget horror flick emerged as the North American weekend box office champ and her Oscar-nominated “Zero Dark Thirty” captured the second spot as well.

Chastain’s supernatural thriller, “Mama,” pulled in $28.1 million from Friday through Sunday at U.S. and Canadian theaters, according to studio estimates, beating out a crop of new testosterone-fueled, male-targeted releases that finished far back in the pack.

Jan 16, 2013

Oprah’s OWN network gets ad premium for Armstrong confession

By Lisa Richwine and Liana B. Baker

(Reuters) – Oprah Winfrey’s cable network OWN is close to selling out advertising time at premium prices for the highly anticipated televised doping confession by former cycling champion Lance Armstrong, a senior network executive said.

The network, a joint venture with Discovery Communications Inc, expects to sell all of the remaining commercial time for the two-part version of “Oprah’s Next Chapter,” OWN President Erik Logan said in an interview late on Tuesday.

Jan 10, 2013

Brash Brit Ricky Gervais turns sweeter in new comedy

, Jan 9 (Reuters) – Ricky Gervais, the brash
Briton who built a career on biting satire, is showing off his
sweeter side.

Gervais stars in “Derek,” a comedy he wrote about a man who
works in a retirement home filled with many characters in their
80s and 90s.

Jan 9, 2013

Eager to build buzz, online sites hope to impress TV critics

LOS ANGELES, Jan 9 (Reuters) – The Web comedy series “Old
Jews Telling Jokes” has been viewed more than 18 million times
since its 2009 launch on online video network Blip, but the show
hasn’t generated the level of media attention bestowed on big
broadcast or cable TV programs.

This week, Blip’s CEO and three producers will descend on
Pasadena, Calif., where reporters and critics will gather for
the Television Critics Association Press Tour, a must-stop for
any show to get the kind of publicity that helps grab eyeballs
among the growing array of TV and digital content.

Jan 8, 2013

With Kimmel move, ABC aims to copy morning success late at night

Jan 7 (Reuters) – After toppling NBC’s “Today” show in the
morning show ratings for overall viewers for the first time in
16 years, ABC is now taking aim at NBC’s iconic “Tonight Show”

The network, owned by the Walt Disney Co, launches
on Tuesday evening its most ambitious – and riskiest – effort to
grab a slice of television’s late-night audience, moving “Jimmy
Kimmel Live” to the 11:35 p.m. time slot and displacing the
hour’s top-rated show, news program “Nightline.”

Jan 6, 2013

NBC chief braces for ratings drop after strong fall season

, Jan 6 (Reuters) – NBC Entertainment
Chairman Robert Greenblatt said he expects the network’s ratings
to slip in the coming months after an unexpectedly strong fall
season, though he hopes some coming new shows will break out to
help stem the decline.

The Comcast-owned network made a surprise comeback
in the final months of 2012 after years in the ratings basement.
The network’s viewership jumped 24 percent among the 18- to
49-year-old age group that advertisers crave, the only increase
among the four major TV broadcast networks.

Jan 6, 2013

HBO extends Universal deal, keeping films from Netflix

LOS ANGELES, Jan 6 (Reuters) – Home Box Office said Sunday
it extended its deal with Universal Pictures for the rights to
the studio’s movies through 2022, allowing HBO to keep them away
from video-streaming rival Netflix, which is aiming to compete
with HBO, Showtime and TV outlets.

Further details of the agreement were not provided by HBO, a
unit of Time Warner, or by Comcast’s Universal