Eric Kelsey covers entertainment industry and media. He has previously worked for Reuters in Los Angeles and Berlin. He received a BA from Macalester College. Twitter: @ericgkelsey
China's falling stock market has little correlations to consumer spending -- good news for Disney and its soon-to-open $5.5 billion theme park.
The N.W.A. biopic debuted as No. 1 at the box office, and has already doubled its reported $30 million production budget in one of the year's biggest surprises for Universal.
The Time Warner-owned network's five-year deal for Sesame Street, shows that it's ready to bring the fight for original content and cord cutters all the way to TV's youngest viewers.
Without a cupboard filled with franchises, Sony's film and TV unit appears to be taking a conservative route to getting out of Hollywood's cellar, relying on decades-old reboots, analysts said.
The selloff threw into relief investors' simmering worries about traditional media's future profitability as customers and ad dollars move online.
Pressure on Disney's cable-TV profit engine, led by sports network ESPN, has pushed the company to revise down income expectations through the next fiscal year.
Disney's consumer products and theme parks are poised to propel the stock higher in the months prior to the next installment of Star Wars.
Comcast's retooling cable network will jettison left-leaning commentary for a hard-news approach that leans on NBC News talent.
The star comedian's departure from his longtime home at Sony Pictures to Netflix could be addition by subtraction for the Hollywood studio, whose new boss is looking to cut costs.
The owner of NBCUniversal has reportedly been courting new media companies such as Buzzfeed and Vice, in a bid to win younger viewers who are leaving real-time programming behind.
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