Latest Business News

Disney Hit With New Autistic Kids Lawsuits; Many More Expected

Disney Parks_logogrid

EXCLUSIVE: Fourteen new individual lawsuits were filed this week against Walt Disney Parks and Resorts for violations of the Americans With Disabilities Act. "The systems, policies and procedures associated with the Disability Access Service which Disney rolled out in October of 2013 were certain to create discrimination against Plaintiffs, and it was obvious that the community of persons with cognitive impairments would be harmed by the DAS," said the filings in federal… Read

CBS Agrees To Short-Term Extension As Dish Negotiations Slog On

CBS Dish Network

CBS this afternoon issued this statement about its negotiations with Dish Network: “CBS has agreed to a short term extension while negotiations continue.” The extension keeps CBS on Dish until Tuesday afternoon.  Two days earlier the network was much more verbal, when it turned up the heat on Dish as the companies negotiate an extension of the broadcaster's carriage agreement. "Dish has been deliberately dragging its feet for months," CBS said Tuesday  in a statement… Read

HRTS Adds 5 To Its Board Of Directors

HRTS Logo Grid

The Hollywood Radio and Television Society has set its new board of directors to take the networking group through 2017. Five newbies are joining the board: Christina Davis, EVP Drama Series Development at CBS Entertainment; Matt Cherniss, President and General Manager of WGN America & Tribune Studios; Philippe Maigret, CEO of Endemol Studios; Kim Rozenfeld, EVP U.S. Current Programming at Sony Pictures Television; and John Morayniss, CEO of Entertainment One Television… Read

TodayTix Completes $6.1M Financing Deal, Heating Up Mobile Market For Ticket Sales

Today Tix Featured Image

What scalpers have known for decades--that there's a lot of money to be made in day-of-performance ticket sales--now is common knowledge along rialtos around the world. The notion gained further traction today with the announcement that TodayTix has closed a $6.1 million Series A funding round led by New York-based SF Capital Group. As ticket-buyers shift away from long-term planning to make their purchases the week before a show or, increasingly, the day of a… Read

HBO Chief Holds Out Hope Online Plans Can Appeal To Cable And Cord Cutters

2014 Summer TCA Tour - Day 3

Looks like we'll have to keep waiting to figure out how HBO CEO Richard Plepler can offer a direct-to-consumer streaming service — planned for next year — that doesn't upset the pay TV ecosystem. NBC's Willie Geist tried to get an answer from Plepler today in an appearance at the Paley Center. But the HBO chief continued to dance on the tightrope — saying just enough to titillate cord cutters, without antagonizing cable and satellite companies that want to continue… Read

Sky, UTA Part Of $13 Million Investment In Online Video Site Pluto.TV

PlutoTV logo framed

Online video site Pluto.TV has announced a $13 million Series A investment round led by U.S. Venture Partners, alongside UTA and previous investors Sky plc, Chicago Ventures, Great Oaks Venture Capital and Luminari Capital. The company also has added as advisers former Fox Interactive and Yahoo executive Ross Levinsohn, Spotify's Ken Parks and King Digital's Stephane Kurgan. The Los Angeles-based company said it would use the money to expand its offerings and extend its… Read

James Murdoch Faces Shareholder Resistance Over Board Re-Election

The Television Academy's 23rd Hall Of Fame Induction Gala

James Murdoch is once again facing opposition from a group of institutional investors calling for shareholders to vote against his re-election to the board of Sky. The Local Authority Pension Fund Forum released a statement saying Murdoch's “ability to respond appropriately to a governance crisis at Sky is in doubt given the scandalous events of News Group Newspapers and the subsequent views of Ofcom.” Murdoch resigned as chief executive of News International in 2012… Read

China’s ‘Gone With The Bullets’ Fires Up $20M In Advance Ticket Sales: Report

gone with the bullets

Jiang Wen's upcoming Gone With The Bullets is on its way to blockbuster status in China — a month before its release. At a press conference this week in Beijing, China.org reports it was announced that the film has already pre-sold 120M yuan ($19.6M) worth of tickets. IMAX pre-sales have also broken the midnight premiere record of 4M yuan ($653K) set by Michael Bay's Transformers: Age Of Extinction. It's been speculated that this film, a sequel to 2010's Let The Bullets Fl… Read

Does John Malone Lust After TW Cable? “Hell, Yes!” (If Comcast Deal Tanks)

Annual Allen & Co. Media And Technology Conference

Liberty Media Chairman John Malone hasn't lost his lust for Time Warner Cable. That's the unmistakable message he delivered today at Liberty's Investor Day gathering when he was asked whether Charter — where he's the top shareholder — would take another run at TWC if its current $45 billion deal with Comcast falters. “Hell yes,” Malone said, reaffirming his reputation as one of media's most reliable straight shooters. The answer could be important: A small, but growing, gr… Read

More ‘Nevermore’: Edgar Allan Poe Musical Lands At New World Stages

Nevermore

New World Stages has set January 14 for previews and a January 25 opening night for Nevermore: The Imaginary Life And Mysterious Death Of Edgar Allan Poe. The long-touring show that started at Edmonton's Catalyst Theatre combines music, storytelling and stagecraft, it tells the fascinating and moving life story of the writer, exploring the events that shaped his character and career. The musical is written, composed and directed by Catalyst artistic director Jonathan… Read

PGA Sets 2015 Produced By Conference Dates

Producers Guild of America

The Producers Guild has slotted its seventh annual Produced By Conference for next May 29-31 on the Paramount Pictures lot in Los Angeles. The sixth annual event drew 1500 attendees to the Warner Bros lot this past June 7-8. The PGA Foundation-run event also launched a New York version this year, a one-day event last month at Time Warner Center. The panel-rich event showcases influential decision-makers working in film, TV, and digital and offers networking opportunities… Read

Pinewood Seals Slate Deal With Fox

Spooks

Pinewood Pictures, which finances and distributes the media investments of the Pinewood Studios Group, today announced it has closed a deal that will see 20th Century Fox book all films on its distribution slate into cinemas. The lead title in Pinewood's slate is the feature adaptation of hit TV series Spooks: The Greater Good, starring Game of Thrones' Kit Harrington, which will be released May 8. Other titles include Ron Scalpello's Pressure, starring Danny… Read

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