Posts Tagged ‘street’

Peers Mourn the Death of 60 Minutes’ Bob Simon

February 12, 2015  |  Media Week  |  No Comments

Bob Simon, the 60 Minutes mainstay whose gentlemanly-but-stern TV reporting was among CBS News' enduring signatures for decades, died on Wednesday night in New York City after a livery cab accident. He was 73.

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Charles King Taps 3 Execs to Join Startup Macro Venture

January 23, 2015  |  Variety  |  No Comments

Macro, the media venture launched by former WME partner Charles King, is taking shape with the appointment of three execs in key roles. Poppy Hanks, formerly senior VP for Tyler Perry’s 34th Street Films, has joined as senior VP of development and production. She will focus on recruiting talent and overseeing film and TV development.... Read more

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From Stage to Superhero: The Flash’s Grant Gustin Has Always Been on the Fast Track

January 12, 2015  |  Media Week  |  No Comments

It's the biggest show on the CW and on track to become the network's most-watched series ever. The Flash, it appears, really can outrun everything. As with any prime-time property, especially one on the vanguard of a comics-driven movement reshaping the television landscape, it is essential to get the right guy to play the lead. The network found an unlikely—but ideal—superhero in Grant Gustin, whose most recent major role had him playing a conniving villain, the backstabbing Sebastian Smythe, on Fox's Glee. In The Flash, the six-foot-plus, 24-year-old theater veteran plays a crime-fighter who hasn't quite grown into his mask yet. It agrees with him. You started out dancing before you played a superhero who runs, right? Yeah, kind of from an early age I just did what I loved to do, which, at 8 years old, became tap dancing. Why was that? Because of Gene Kelly and Singin' in the Rain, specifically, and Donald O'Connor

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Dish Parries With Fox on Programming Fees

December 22, 2014  |  Media Week  |  No Comments

21st Century Fox has become the latest broadcaster to have its programming pulled from the Dish Network lineup, following similar disputes by Turner Broadcasting and CBS Corp., which led to similar blackouts in the past several months. In a statement, Dish executive Warren Schlichting noted, "It's like we're about to close on a house and the realtor is trying to make us buy a new car as well. Fox blacked out two of its news channels, using them as leverage to triple rates on sports and entertainment channels that are not in this contract." Fox, on the other hand, claimed that Dish pulled the plug on Fox's Fox News Channel and Fox Business Network. "They did not want to accept terms and commitments that have become customary in a Fox News renewal," Tim Carry, the Fox News executive heading up distribution, told The Wall Street Journal. Carry went on to tell CNET, "It is unfortunate that the millions of Fox News viewers on Dish were used as pawns by their provider. Hopefully they will vote with their hard earned money and seek another one of our other valued distributors immediately." According to Dish, the problem is that Fox introduced channels into the negotiations that are not up for renewal to get higher rates across the board

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We Spent the Morning With Adult Swim’s Eric Andre and This Is What Happened

November 12, 2014  |  Media Week  |  No Comments

The Eric Andre Show on Adult Swim is now in its third season, and there is absolutely no question: It's over the top. We caught up with the show's host in New York, where he spoke about some of his comedic and punk rock inspirations. Given those, it's not surprising he literally destroys his set prior to every show. "I was influenced by GG Allin," Andre said in an interview with Adweek. "He was my favorite." In the video above, Andre talks about the show's new season, drops a few names of his upcoming guests and takes his sense of humor to the street.

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Apple Beats Fiscal Q4 Earnings Estimates, as Wall Street Eyes Huge iPhone Sales Pipeline

October 20, 2014  |  Variety  |  No Comments

Apple handily topped analyst expectations for its September quarter, as the tech giant reported sales of 39.3 million iPhones — and Wall Street anticipates an even bigger surge for the smartphone business during the 2014 holiday shopping season. The company posted revenue of $42.1 billion and earnings per share of $1.42 for fiscal fourth quarter of 2014, which ended Sept. 27. Financial... Read more

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Jenny Craig Sells Horse Ranch to Bill Gates

October 9, 2014  |  Variety  |  No Comments

BUYER: Bill and Melinda Gates SELLER: Jenny Craig LOCATION: Rancho Santa Fe, CA PRICE: $18,000,000 SIZE: 228 acres YOUR MAMA’S NOTES: The celebrity real estate snitches at The Wall Street Journal were the first to tattle that octogenarian diet queen Jenny Craig shed Rancho Paseana Farm, her 228-acre horse ranch in ritzy Rancho Santa Fe... Read more

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China Clamps Down on Foreign TV Streaming

September 12, 2014  |  Media Week  |  No Comments

China is reportedly getting ready to regulate the number of foreign television programs that online providers can stream in its country, The Wall Street Journal reported . The move means even fewer U.S. programs will make it onto the Chinese viewing menu. As of today, about half the content on popular Chinese streaming services comes from outside the country. But that all will change as the country limits foreign, streamed TV shows to 30 percent. (The Journal said it's unclear if that figure refers to the number of TV shows or episodes.) The U.S. shows that stand to lose are Netflix's wildly popular House of Cards and Warner Brother’s 2 Broke Girls. House of Cards, which is distributed by Sohu, one of the country’s largest video streaming services, reportedly attract millions of viewers a day despite its edgy storylines that criticize China. But popularity doesn’t necessarily mean you’ll stay on the air. In April, the country’s regulators yanked NCIS, The Practice, The Good Wife and The Big Bang Theory off Chinese video streaming services without giving a reason. The Big Bang Theory was reportedly pulling in 120 million viewers a month. The sudden blackout of popular U.S. shows is seen as an example of Chinese leaders keeping a tight grip on foreign media to counter the U.S.'s soft power and shore up China's own television industry. Last year, Chinese censors withheld box office receipts while negotiating a rise in tariffs on Western importers. Now, Chinese leaders want to become not only international exporters of finished goods but also dramas and soap operas, which amount to about 10,000 episodes a year

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Netflix Stock Hits New High on Rosy Analyst View

September 9, 2014  |  Variety  |  No Comments

Netflix bulls took the company’s stock by the horns, with shares climbing 2% to a record high of $489.29 per share in midday trading, after a Wall Street analyst said investors have underestimated its future potential financial performance. In a research note, RBC Capital Markets analyst Mark Mahaney raised his price target on Netflix from $530 to... Read more

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WWE Will Cut 7% of Its Workforce

August 1, 2014  |  Media Week  |  No Comments

World Wrestling Entertainment will slash 7 percent of its workforce after reporting operating at a loss in the second quarter due to the costs of ramping up its online-subscription service. WWE reported a net loss of $14.5 million, compared to a net profit of $5.2 million last year. "The staff cuts, and other cost-cutting moves, would help boost operating income before depreciation and amortization by $30 million in 2015," WWE said, adding that the cuts would effect around 50-60 staffers across all business units. WWE launched their WWE Network in February, making WWE the first entertainment company with a cable presence to offer a stand-alone online subscription service . Yesterday, WWE reported 33,000 WWE Network subscribers since April for a total of 700,000 subscribers—still 300,000 short of its year-end goal of one million. According to The Wall Street Journal , the company "noted that 1.3 million to 1.4 million subscribers would put it past a break-even point offsetting difficulties in pay-per-view." To increase interest in the service, WWE will add new payment options (the service was originally only available as a six-month subscription), including a commitment-free $19.99 monthly plan. "For us the payment options are one way to continue learning, to see how people approach it," George Barrios, WWE's chief strategy and financial officer, told The Wall Street Journal. "The fact that we've gone from 0 to 700,000 paying subscribers, I feel really proud."

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