August 12, 2013
For the past two weeks Time Warner Cable has been blacking out CBS networks in New York, Los Angeles and other major markets over a retransmission dispute. Despite losing more than 3 million households ratings on CBS have remained steady giving the network no reason to back down from its demands. With the new television and football seasons set to begin in September Time Warner Cable may have no choice but to cave in to CBS’ terms.
Meanwhile, this summer’s blockbuster movies continue to underperform at the box office with Disney announcing they may have to take a $190 million write down on losses from “The Lone Ranger”. Actor Johnny Depp and producer Jerry Bruckheimer have figured out who to blame for the movie’s failure; vengeful American film critics.
After being publicly trashed by George Clooney, activist investor Daniel Loeb was unable to convince Sony to spin-off its entertainment divisions. Even so, Loeb says he’s pleased since the company’s stock price is up and its management more accountable to shareholders.
Of course we also cover the week’s top entertainment news including a lost film from Orson Welles, a new ending for the “Finding Nemo” sequel and the surprising new owner of The Washington Post.
May 7, 2012
Movie theater owners were abuzz after seeing the first extended footage of “The Hobbit” a few weeks ago at CinemaCon. Most however didn’t have anything positive to say about Peter Jackson’s highly anticipated prequel to his “Lord of the Rings” franchise. The filmmaker decided to shoot the film at 48 frames per second, twice the speed of traditional 35mm film, and many who saw the clips felt they looked like a cheap soap opera. Jackson claims the footage was from unfinished scenes, though it left many wondering if high frame rate films are really worth all the hype.
Meanwhile, two months after Disney took a bath on “John Carter” when it bombed at the box office, the studio is raking in the dough on “Marvel’s The Avengers”. While the film may go on to be the highest grossing film of the year (so far), it wasn’t enough to save the job of Disney chairman Rich Ross.
Movies are even making news on Broadway. Leading the pack of Tony Award nominees last week were two musicals adapted from films; “Once” and “Newsies”.
We also cover some of the top entertainment news stories from the past two weeks including James Bond’s new publisher, Jack White’s first number one album and a Amazon’s plans to crowd source good television shows.