Entertainment Industry
Paramount cuts annual release target to 20 films (Reuters)
Reuters - Paramount Pictures said on Wednesday that it had cut its release target to 20 films annually to more effectively compete in the changing marketplace and realize new operating efficiencies, and parent Viacom Inc's shares fell 9 percent. More »
U.S. newspaper stocks dive, analyst cuts estimates (Reuters)
Reuters - U.S. newspaper stocks dove on Wednesday after an influential Goldman Sachs analyst cut his revenue forecasts for the business, saying it may take five years for online revenue to offset plunging print revenue. More »
Digital TV switch will be messy: FCC official (Reuters)
Reuters - A pending mandatory switch of all U.S. televisions to digital will be messy, a federal communications official said on Tuesday, urging broadcasters to step up local efforts to educate the public. More »
Google launches showbiz news site on YouTube (Reuters)
Reuters - Google is mounting another experiment in content distribution that might be even more ambitious than its recent launch of original animation from "Family Guy" creator Seth MacFarlane. More »
HBO Films president leaving to start company: report (Reuters)
Reuters - HBO Films president Collin Callender, will leave HBO by the end of this year to start his own entertainment production company, he told the New York Times in an interview on Tuesday. More »
Shari Redstone comments on sale of Viacom, CBS stake: report (Reuters)
Reuters - Media mogul Sumner Redstone's daughter Shari said on Tuesday that the movie theater business she runs wasn't to blame for the forced sale of a chunk of the family's holdings in Viacom Inc and CBS Corp, the Wall Street Journal reported. More »
Google launches showbiz news site on YouTube (Reuters)
Reuters - Google is mounting another experiment in content distribution that might be even more ambitious than its recent launch of original animation from "Family Guy" creator Seth MacFarlane. More »
Prime-Time Metered Market Monday Ratings: ABC Wins; Unimpressive Debut for NBC's My Own Worst Enemy (Mediaweek.com)
Mediaweek.com - -Yesterday's Winners: Dancing With the Stars (ABC), Two and a Half Men (CBS), CSI: Miami (CBS) More »
TV Tidbits: Notes of Interest (Mediaweek.com)
Mediaweek.com - Media Rights Capital, which made a deal with the CW to program the network's troubled Sunday night line-up, has shut down production on scripted dramas Valentine and Easy Money, which debuted on Oct. 5 with barely one million viewers each (and a mere 0.4 rating/1 share among adults 18-49). Both hours are expected, however, to fulfill their initial 13-episode orders. More »