Today, in an interview on CNBC, Viacom President/CEO Philippe Dauman couldn’t have been more upbeat about the entertainment business now and in the future. So remember these words the next time you’re in a negotiation with the studios and networks. Dauman said there’d been “great results” for DVD Titles, stated that home entertainment was “stabilizing”, predicted that the coming upfronts would have “much better pricing” and be “completed sooner” than last year, and gushed that the scatter market already showed “strong double-digits” pricing. Ain’t life grand for Big Media? Problem is, he complained, Paramount Pictures brought down Viacom’s profits -18% because the studio didn’t make enough movies in Q-1 — only 3 instead of last year’s 6. “It was impacted by the studio division’s strategic move of fewer releases,” Dauman shorthanded it. This is why most of Hollywood still isn’t working.
Hey, Where's That Mogul Doom & Gloom?
What's Hot on Deadline
Will Ferrell To Star In Netflix Music Pic 'Eurovision' As Another A-List Comedy Star Tries A Streaming Vehicle
'Incredibles 2' Record $183M Beats 'Captain America: Civil War' Opening & Lifetime Totals Of 'Cars 3', 'A Bug's Life'
'The Sopranos' Vincent Pastore & Steven Van Zandt & 'Mindhunter’s Holt McCallany Star In Dark Mob Comedy
Latest TV News
- Fox News’ Laura Ingraham Under Fire After Calling Detention Centers “Summer Camps” For Immigrant Children
- Millie Bobby Brown Addresses Bullying During MTV Movie & TV Awards Acceptance Speech
- MTV Movie & TV Awards Winners: ‘Black Panther’, ‘Stranger Things’ Among Top Honorees – Full List
- MTV Movie & TV Awards: Michael B. Jordan Wins For Best Villain, Says He Thought “Roseanne Had It In The Bag”
- ‘Othello’ Review: Chukwudi Iwuji, Corey Stoll & No Gimmicks In Central Park
- Stephen Colbert: “Potent Tool” Stephen Miller Calls Baby-Snatching Immigration Policy A Potent Tool