Encouraging industry forecasts from media merchant bank Veronis Suhler Stevenson didn't prevent the pummeling of media stocks on Wall Street Monday, but it could hint at fairer climes to come.
For showbiz, the fiscal heat is getting more intense. With no company above suspicion these days, Hollywood and its accounting practices will almost certainly be swept up in the imbroglio over…
Barry Diller's USA Interactive Wednesday posted strong net cash earnings for the second quarter, along with a reassuringly cash-rich balance sheet.
Domestic Film DAILY
PROVIDED BY: Box Office
Teenage Mutant Ninja Turtles
Teenage Mutant Ninja Turtles1Daily:$7.6M Cumulative:$79.8M Paramount Pictures 13.49%
Guardians of the Galaxy
Guardians of the Galaxy2Daily:$6.6M Cumulative:$188.5M Disney 23.68%
Into the Storm
Into the Storm3Daily:$2.1M Cumulative:$21.1M Warner Brothers / New Line 21.06%
The story seems oddly familiar: Foreign-born media baron with voracious appetite for buying companies is driven by a single-minded vision of a seamless global empire of production and distribution…
Struggling cable-to-movie theater group Cablevision Systems Corp. may be the next casualty on the growing list of cash-strapped media firms in need of financial intensive care.