Comcast is in talks to acquire Walmart's Vudu, the retail behemoth's advertising and transactional video-on-demand service, according to a person familiar with the situation. It’s the latest twist in the hot and getting hotter streaming wars, and comes as the media and entertainment giant, parent of NBCUniversal…

National CineMedia stock surged 15% Friday on a strong fourth quarter numbers and an upbeat outlook for cinema advertising, including its new “lights out” and platinum spots. The stock was way outpacing a down market after the company reported Thursday net profit and sales – up, respectively 17% and 7% – that beat…

WarnerMedia Entertainment Friday said it will integrate the content acquisitions team across the company's entire portfolio of entertainment networks and direct-to-consumer businesses under Michael Quigley, EVP, Content Acquisitions. As part of the new content acquisitions organizational structure, Jonathan Melber…

Major movie theater chain Cinemark, which also owns the Century, Tinseltown and Rave chains, saw earnings rise last quarter to $26.3 million, or 22 cents a share, as attendance and revenue slipped. Earnings for the latest fourth quarter compared with $19.4 million, or 45 cents, the year before. Revenue of $789 million…

Film at Lincoln Center and The Museum of Modern Art announced the complete lineup for the 49th annual New Directors/New Films running March 25 – April 5 and opening with Amanda McBaine and Jesse Moss's Boys State, winner of the U.S. Grand Jury Prize for documentary at Sundance. The closing film is Maite Alberdi's The M…

Newly merged ViacomCBS is having a really bad day. The stock tanked, and is still down more than 17%, after disappointing quarterly earnings and a barrage of questions from Wall Street entertainment analysts – answers to which they clearly did not find reassuring. The inquiries themselves were unusually anxious…

AT&T's WarnerMedia has expanded a distribution deal with YouTube TV to include upcoming streaming service HBO Max when it launches this spring. YouTube's OTT platform will also add HBO and Cinemax to its lineup for the first time, and continue to carry WarnerMedia’s TBS, TNT, truTV, CNN, HLN, Turner Classic Movies…

UPDATED with stock drop: Viacom share have plunged after quarterly numbers and a call with analysts. The stock is down almost 15% in morning trade to $29.99. Wall Street clearly wasn’t comfortable all that comfortable with the elements of a turnaround outlined by CEO Bob Bakish. He had asked the street to disregard…

UPDATED with details from call: Imax CEO Rich Gelfond said he expects to see a surge in moviegoing in China as people want to get out and about once the coronovirus in controlled. It’s what happened in 2003 after the SARS epidemic, he noted on a conference call with investors Wednesday to discuss quarterly…

Updated with comments from conference call: Dish Network chief Charlie Ergen said he thinks it's inevitable that Dish will ultimate merge with rival DirecTV as pay TV is eroded by cord cutting and other pressures. It seems likely "that those two should get together because the growth in TV is not coming from linear,"…

Eugene Hernandez, the deputy executive director of Film at Lincoln Center and founder of IndieWire, has been named director of the New York Film Festival. He'll will work closely with Dennis Lim, who has been appointed the festival's director of programming. The announcement made Wednesday effectively creates two…

U.S. stock dipped Tuesday after Apple warned it wouldn’t hit sales forecasts for the current quarter as the deadly coronavirus is impeding production and sales in China. Apple has been trading down about 2.3% for most of the session and the Dow Jones Industrial Average lost more than 200 points. It’s not a massive…