Lisa's Feed
Feb 16, 2012

“Kung Fu Panda” maker may set up studio in China

LOS ANGELES (Reuters) – “Kung Fu Panda” creator Dreamworks Animation may soon set up a production studio in China through a deal that could be announced Friday during a U.S. visit by Chinese Vice President Xi Jinping.

The studio is likely to unveil a joint venture with China-based investors during Xi’s visit to Los Angeles on Thursday and Friday, a person familiar with the matter told Reuters earlier this week.

Feb 16, 2012

“Kung Fu Panda” maker may be going to China

LOS ANGELES, Feb 16 (Reuters) – “Kung Fu Panda”
creator Dreamworks Animation may soon set up a
production studio in China through a deal that could be
announced Friday during a U.S. visit by Chinese Vice President
Xi Jinping.

The studio is likely to unveil a joint venture with
China-based investors during Xi’s visit to Los Angeles on
Thursday and Friday, a person familiar with the matter told
Reuters earlier this week.

Feb 12, 2012
via MediaFile

Love story ‘The Vow’ leads strong box office

Photo

Love story “The Vow” won the hearts of moviegoers with $51.4 million in global ticket sales over a pre-Valentine’s Day weekend that featured stronger-than-expected performances from three new releases. 

“The Vow,” starring Rachel McAdams and Channing Tatum, took in $41.7 million at U.S. and Canadian theaters from Friday through Sunday in the biggest domestic opening so far this year, according to studio estimates compiled by Reuters on Sunday. Twenty international markets added $9.7 million, bringing the global total to $51.4 million. 

Feb 10, 2012

The Disney Channel: more than just a pretty face

LOS ANGELES, Feb 10 (Reuters) – The Disney Channel –
home to bubbly fare from “Hannah Montana” to “High School
Musical” — has emerged as a potent global engine for Walt
Disney Co after decades of quiet expansion. And it
couldn’t come at a better time for the Mouse House.

As cash cow ESPN grapples with ever-richer sports rights and
a once-reliable theme park business remains susceptible to a
tottering economy, Disney’s international presence — now in
over 375 million homes in 167 countries — is driving sales
growth and gaining ground internationally on Time Warner Inc’s
Cartoon Network.

Feb 8, 2012

Disney earnings beat despite shaky economy

LOS ANGELES, Feb 7 (Reuters) – Walt Disney Co (DIS.N: Quote, Profile, Research)
is expected to show another steady quarter of growth, driven by
healthy business at cable networks and theme parks, when the
media giant reports results on Tuesday.

The company’s shares have risen 10.2 percent since November,
when Chief Executive Bob Iger reported higher income and profits
propelled by a rise in cable advertising and theme park growth.

Feb 8, 2012

Disney revenue short of expectations, shares slip

By Lisa Richwine

(Reuters) – Walt Disney Co’s (DIS.N: Quote, Profile, Research, Stock Buzz) quarterly revenue fell short of Wall Street’s expectations after the movie studio put in a poor showing, as the largest U.S. media corporation searched for new ways to grow its struggling ABC television unit.

Disney shares fell 1.8 percent to $40.28 in after-hours trading.

The operator of television networks ESPN and ABC, a movie studio and theme parks, posted fiscal first-quarter revenue of $10.8 billion, a 1 percent gain from a year earlier. Analysts on average had expected revenue of $11.2 billion. Profit grew 12 percent as the consumer-dependent media networks and theme parks held strong in an uncertain economy.

Feb 7, 2012

Disney parks, cable in focus with gains expected

LOS ANGELES (Reuters) – Walt Disney Co (DIS.N: Quote, Profile, Research, Stock Buzz) is expected to show another steady quarter of growth, driven by healthy business at cable networks and theme parks, when the media giant reports results on Tuesday.

The company’s shares have risen 10.2 percent since November, when Chief Executive Bob Iger reported higher income and profits propelled by a rise in cable advertising and theme park growth.

Feb 6, 2012
via MediaFile

‘Chronicle’ wins tight box office race

Photo

Teen boys with superpowers helped lift the movie box office to unexpected heights over Super Bowl weekend as thriller “Chronicle” edged “Harry Potter” star Daniel Radcliffe’s haunted house movie “The Woman in Black.”

“Chronicle” brought in an estimated $22.0 million from U.S. and Canadian theaters, studio estimates released on Sunday showed. The movie with largely unknown actors finished just ahead of Radcliffe’s “Woman in Black,” which took in an estimated $21.0 million.

Feb 6, 2012

Resilient Chevy, Chrysler ads win at Super Bowl

LOS ANGELES (Reuters) – General Motors scored with an Armageddon-proof Chevy truck while a Clint Eastwood pep talk for America won notice for rival Chrysler during the high-stakes brand battle at Sunday’s Super Bowl.

Other commercials from companies such as Anheuser-Busch and Coca-Cola repeated old themes or failed to stand out during American TV’s most valuable advertising time, according to industry experts and online comments.

Feb 3, 2012

Star Wars, Ferris Bueller drive Super Bowl ad buzz

LOS ANGELES, Feb 3 (Reuters) – The Super Bowl is still
two days away but some advertisers already are looking like
winners as their yet-to-be-aired commercials score millions of
hits online and rack up pre-game buzz.

A teaser for Volkswagen’s ad has drawn more than
11 million viewers on YouTube. The campaign features a pack of
dogs barking out a “Star Wars” song, repeating a theme from the
company’s well-received ad during last year’s Super Bowl. ()