What in the world has gotten into Motorola? For more than a year, Wall Street has lamented its fate. Just this week, industry forecasters predicted the handset maker would have nothing to show for the second quarter other than a hefty net loss and a drop to fourth place in the global phone market after losing share to LG Electronics.
The big three networks — and their big three evening news anchors — are all over Barack Obama’s trip to the Middle East. Extensive coverage is planned, interviews will be touted, and ABC, NBC and CBS are sure to document his every more.
Sure, ratings were down again last season. Screenwriters walked off the job, and while they eventually settled, the actors may be next to strike. No new shows really caught fire, and that Web thing sure does seem to be stealing advertising dollars. Then there’s $4/gallon gasoline, a housing slump, job losses — which all adds up to a generally lousy economy.
Summer’s not yet in full swing, but the studio already has two big hits, “Iron Man,” which has banked nearly $500 million worldwide and now “Indiana Jones and the Kingdom of the Crystal Skull,” which brought in more than $300 million this weekend, Reuters reports.
Seems that Fox survived the 14-week writers strike, and arguably thrived if you stack its prime-time ratings up against major broadcast networks. It has finished the season as the undisputed ratings leader for the first time, thanks to a combination of the Super Bowl and that little talent show known as “American Idol.”