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Business

Why Is Comcast Still So Hot For Fox?

Comcast confirmed today it’s not taking “no” for an answer in its pursuit of 21st Century Fox’s film and television assets. The U.S. cable giant said plans are in an “advanced stage” for it to make a richer, all-cash offer for the constellation of media assets that Fox agreed to sell to Disney last December in an all-stock deal valued at $52.4 billion. The price is likely to reach $60 billion and could go even higher, especially if a federal judge rules June 12 to allow… Read

breakingBusiness

President Trump Tweetstorm: Back On The Attack After Quiet Period

Donald Trump

After a relatively quiet period, the Commander-in-Tweet was at it again Sunday morning, railing against the New York Times, Hillary Clinton, the Mueller “Witch Hunt” and Tony Podesta. Trump’s ire was back in form after Armed Forces Day, his wife’s illness, and the Texas high school shootings caused a lull in his usual output. Today, he was in attack mode once again, no doubt sparked by the Times story that detailed efforts by foreign governments to help the Trump… Read

breakingAwardsline

‘No Blood Was Shed’: Jury Head Cate Blanchett On Gender, Race And Choosing The ‘Right’ Palme D’Or  

With three films by female directors in the mix this year, speculation was rife that the Palme D'Or might finally go to a woman for the first time since Jane Campion made history 25 years ago with The Piano. Eva Husson's Les Filles Du Soleil took an early bath last week after a disastrous press screening; but Italy's Alice Rohrwach and Lebanon's Nadine Labaki – with Happy As Lazarus and Capernaum, respectively – both sustained buzz until awards night. As it was, both went… Read

breakingBusiness

Disney Chairman/CEO Bob Iger Tweets Supporting Gun Control In Wake Of Texas Shootings

Bob Iger

Walt Disney Company chairman/CEO Bob Iger has once again called for gun control measures, tweeting following the Texas Santa Fe High School shootings which killed eight students and two educators and injured several others. Iger has been outspoken in the past about the need for measures to control gun violence, and Saturday’s tweet continues his campaign. Iger noted at the Vanity Fair summit after the Las Vegas mass shootings, “I don’t think this is politics. I think this… Read

TV

Upfront Presentations 2018: The Good, The Bad & The Upstaged

This year’s Upfront Week always was going to be challenging, what with many of the most buzzed-about “new” series for next season having already debuted years (or decades) ago and corporate overlords consigning broadcasters to the back half of presentations in which hitting the two-hour mark means death. NBC believes in shorter commercial breaks this year – but longer upfronts. Here are the 2018 upfront winners and losers: Best Opening CBS, having long ago figured out… Read

TV

Upfronts 2018: Network Ownership Peaks, Digital Rights Demands Increase As Volume & License Fees Slide

Television TV Universe

A week before ABC made its official new series orders, the network still had not screened two high-profile pilots, the light action drama Whiskey Cavalier from producer Bill Lawrence, and comedy Most Likely To from Berlanti Productions. The holdup was due to new expanded digital rights deals ABC had put forward a couple of weeks before. I hear the new template — which varied slightly from show to show and studio to studio — called for expanded stacking rights that cover… Read

Box Office

‘Avengers: Infinity War’ Marches Toward $600M Profit; How The Russo Brothers Mapped Out The Marvel Hit

Avengers Infinity War

SPOILER ALERT: This story contains plot details about Avengers: Infinity War. Last weekend, Disney’s Avengers: Infinity War broke a profit in its theatrical window after just 10 days, a box office triumph uncommon with many rival studio movies, yet increasingly common for the Marvel and Lucasfilm titles. While Disney does not disclose or comment on the profitability of its films, our financial analysts figure that Infinity War by the end of its run stands to make close to… Read

Business

Warren Buffett Says He Missed On Amazon, Google – Calls Cryptocurrency “Rat Poison Squared”

The Oracle of Omaha admits that his investment crystal ball was cloudy on at least two tech companies, Amazon and Google. Speaking at the annual Berkshire Hathaway shareholder meeting on Saturday, Buffett said he bet wrong when it came to the technology giants, which represent two of the largest companies in the world. The meeting was held before a capacity crowd of approximately 20,000 at the CenturyLink Center in Omaha, Nebraska. Buffett is considered one of the world… Read

Business

Robin Williams Suffered From Dementia In His Final Days, Says New Bio

Robin Williams Monty Python Absolutely Anything

Actor Robin Williams was struggling with a brain disorder that was not immediately diagnosed, causing many of the bizarre symptoms that sapped him of his vitality and ultimately led him to take his own life. That’s according to a new biography, Robin (Henry Holt & Co.) by Dave Itzkoff that’s out this month and details the final stages of Williams’s life. Williams was initially diagnosed with Parkinson’s disease, but his behaviors in his last year were uncharacteristic of… Read

breakingBusiness

Michelle Obama Won’t Run For President, But Still Working Hard On Issues

There won’t be an Obama Act II in the White House. At least, not in the immediate future, as Michelle Obama related today at the 2018 United State of Women Summit at the Shrine Auditorum in Los Angeles. The two-day gathering featured panels, breakouts, exhibits and discussions focused on empowering women and helping to change the conditions that limit full social, economic and workplace opportunity for them. Obama’s well-received appearance capped the first conference day… Read

Business

Peter King Joins NBC Sports; NFL Journalist Set For Multiple Media Roles

Journalist Peter King has signed an exclusive agreement with NBC Sports Group to bring his insider NFL knowledge to several platforms starting in July. King will leave his longtime home at Sports Illustrated, which is up for sale by new owners Meredith, although he has been a contributor to NBC for some time. King will write a weekly Monday morning NFL column for NBCSports.com; make regular appearances on NBCSN's and NBC Sports Radio'sPFT Live with Mike Florio; and… Read

Business

Latest Bankruptcy Filings Reveal Extent Of Weinstein Co. Woes

The latest filings in The Weinstein Co.’s bankruptcy case draw a clearer picture of the studio’s legal and financial woes. The studio identifies nearly a dozen outstanding lawsuits filed against The Weinstein Co., many stemming from co-funder Harvey Weinstein’s alleged sexual misconduct. Some cases received widespread attention, such the civil rights case brought by New York Attorney General Eric Schneiderman, or the class action suit filed in Los Angeles on behalf of… Read