COMPANY TOWN

COMPANY TOWN

  • 'Hidden Figures' is a hit, nearly tying 'Rogue One' for No. 1 box-office spot

    'Hidden Figures' is a hit, nearly tying 'Rogue One' for No. 1 box-office spot

    The new movie “Hidden Figures” tells the uplifting true story of a trio of women who defied expectations as they helped the U.S. space program. Now the tale is also beating the odds at the box office.  The Oscar hopeful surpassed industry projections in its wide-release debut this weekend, collecting...

  • Home video sales shrank again in 2016 as Americans switched to streaming

    Home video sales shrank again in 2016 as Americans switched to streaming

    The U.S. home video market declined again last year as more people turned to subscription streaming services like Netflix for their home entertainment needs, providing further evidence of rapid shifts in consumer behavior that has put pressure on Hollywood studios.  Revenue from sales and rentals...

  • Tucker Carlson will take Megyn Kelly's time slot at Fox News Channel

    Tucker Carlson will take Megyn Kelly's time slot at Fox News Channel

    Fox News sent a strong signal that it has no intention of changing its conservative political stripes as Tucker Carlson was named to replace prime-time anchor Megyn Kelly. Carlson will become the anchor of Fox News Channel’s 9 p.m. Eastern time slot after Kelly does her final edition of “The Kelly...

  • Universal hires Disney's Janine Jones-Clark for film diversity initiatives

    Universal hires Disney's Janine Jones-Clark for film diversity initiatives

    Universal Filmed Entertainment Group has tapped Disney executive Janine Jones-Clark to lead diversity initiatives for the Los Angeles studio, in the latest move by a major studio to address concerns about inclusion in the entertainment industry.  Jones-Clark will serve as senior vice president...

  • Jackie Chan's 'Railroad Tigers' gives strong finish to China's weak 2016 box office

    Jackie Chan's 'Railroad Tigers' gives strong finish to China's weak 2016 box office

    Jackie Chan’s action-comedy “Railroad Tigers” topped China's box office charts last week, raking in $40.1 million and bringing its 10-day total to an impressive $71.4 million.  Zhang Yimou’s “Great Wall” slipped to second place in its third week running, taking in $18.6 million, according to film...

  • Hulu strikes deal to live-stream CBS network in upcoming service

    Hulu strikes deal to live-stream CBS network in upcoming service

    Streaming service Hulu on Wednesday notched a major agreement with CBS Corp. to provide a live stream of CBS, the nation’s most-watched television network, as part of Hulu’s upcoming TV-channel service. Santa Monica-based Hulu plans to launch an over-the-top package of channels in the coming months...

  • 'XXX' producer Revolution Studios sells to Content Partners

    'XXX' producer Revolution Studios sells to Content Partners

    Revolution Studios, the Los Angeles film and TV company founded in 2000 by former Hollywood studio chief Joe Roth, has been sold again.  Content Partners, a Los Angeles-based entertainment investment company, has acquired Revolution from New York fund manager Fortress Investment Group, Revolution announced...

  • Univision wins FCC waiver to let its Mexican partner, Televisa, increase ownership stake

    Univision wins FCC waiver to let its Mexican partner, Televisa, increase ownership stake

    The Federal Communications Commission has approved a measure that relaxes foreign ownership rules to enable Grupo Televisa of Mexico to claim a larger stake of the U.S. Spanish-language broadcasting giant Univision Communications. The move comes just days before President-elect Donald Trump takes...

  • 'Hidden Figures' is likely to draw crowds as 'Rogue One' stays on top of the box office

    'Hidden Figures' is likely to draw crowds as 'Rogue One' stays on top of the box office

    Walt Disney Co.’s “Rogue One: A Star Wars Story” is expected to rule the box office for the third weekend in a row. But audiences are also showing interest in a very different kind of space movie — the Oscar hopeful “Hidden Figures.” The new space-race drama, about a team of black, female mathematicians...

  • Relativity and EuropaCorp's joint venture laying off most of its staff, insider says

    Relativity and EuropaCorp's joint venture laying off most of its staff, insider says

    Relativity Media and EuropaCorp’s film-distribution joint venture, known as RED, is laying off most of its 40-person staff, according to a person familiar with the matter, representing another blow to Ryan Kavanaugh’s Relativity Media. The job cuts come after Relativity failed for months to financially...

  • The boldest move yet to fill more movie theaters: Screen TV shows

    The boldest move yet to fill more movie theaters: Screen TV shows

    Hollywood’s release calendar for this year is full of potential blockbusters like “Wonder Woman” and a new “Pirates of the Caribbean.” But in the first week of September, the biggest new release at theaters might not be a movie at all, but a TV show.   That’s because Imax Corp., the giant movie...

  • 'Rogue One' tops box office once again over New Year's weekend

    'Rogue One' tops box office once again over New Year's weekend

    Moviegoers bid adieu to 2016 and welcomed in 2017 over the four-day holiday weekend, spending about $200 million to see just the 10 top-grossing films, a pack led once again by “Rogue One: A Star Wars Story.” The continued forceful showing by Disney’s “Rogue One” was expected to add $64 million...

  • Donald Trump was a boon to cable news, but entertainment network ratings eroded in 2016

    Donald Trump was a boon to cable news, but entertainment network ratings eroded in 2016

    Presidential politics was stranger than fiction in 2016 and that made it a good year to be in the cable news business. All three major cable news networks had their largest audiences ever, thanks to the drawing power of the nonstop surprises of the 2016 White House campaign that culminated with...

  • Hollywood looks to another box office record as movie attendance remains lackluster

    Hollywood looks to another box office record as movie attendance remains lackluster

    The muscle-bound superheros of the multiplex are expected to lift the domestic box-office to a projected $11.3 billion in ticket sales for 2016 — which is a record sum but a modest 1.5% increase from last year’s haul of $11.14 billion. The Walt Disney Co. once again dominated the competition, thanks...

  • Hulu nabs streaming rights for 56 Disney theatrical movies

    Hulu nabs streaming rights for 56 Disney theatrical movies

    Streaming service Hulu is bulking up its theatrical film catalog with the addition of 56 movies from the Walt Disney Co. The licensing arrangement, announced by the two companies Tuesday, represents the first time Disney theatrical films will be made available to Hulu paid subscribers even though...

  • 'Great Wall,' other domestically backed films dominate Christmas week in China

    'Great Wall,' other domestically backed films dominate Christmas week in China

    Chinese films swept the country’s box office during Christmas week, with four of the top five films being solely or partly produced in China. The U.S.-China co-production “The Great Wall,” directed by Zhang Yimou, continued its reign for a second week in theaters, earning $52.6 million. Its earnings...

  • Debate shows are heating up the rivalry between ESPN and Fox Sports

    Debate shows are heating up the rivalry between ESPN and Fox Sports

    One of most bruising battles in TV sports these days isn’t taking place on the playing field. In September, Fox Sports 1 launched “Skip and Shannon: Undisputed,” in which sports writer turned TV commentator Skip Bayless and NFL Pro Football Hall of Famer Shannon Sharpe take their positions at a...

  • 'La La Land' looks beautiful, but gentrification makes it harder for old Hollywood to play itself

    'La La Land' looks beautiful, but gentrification makes it harder for old Hollywood to play itself

    As young artists on the hunt for love in “La La Land,” Ryan Gosling and Emma Stone romance their way through the Hermosa Beach pier, the SmokeHouse restaurant in Burbank and the Griffith Observatory at twilight.  But the movie’s nostalgic depiction of the area’s vintage sites conceals a tougher...

  • MTV, Comedy Central chief Doug Herzog is exiting Viacom

    MTV, Comedy Central chief Doug Herzog is exiting Viacom

    Viacom Inc.’s management shake-up continued Wednesday with another senior executive — Doug Herzog, president of the Music and Entertainment Group — announcing his departure. Herzog was part of the executive team at MTV during its early years, and helped usher in the reality TV movement with such shows...

  • Relativity Studios President Dana Brunetti exits as film company flails

    Relativity Studios President Dana Brunetti exits as film company flails

    The future of Ryan Kavanaugh’s Relativity Media, the beleaguered mini-studio that exited bankruptcy about nine months ago, is murkier than ever. Relativity Studios President Dana Brunetti, the movie producer who was seen a key part of Kavanaugh’s plan to turn the struggling film and TV company...

  • Following a buying spree, movie ticketer Fandango will move to Beverly Hills

    Following a buying spree, movie ticketer Fandango will move to Beverly Hills

    Fandango is preparing to enlarge its physical presence in Los Angeles as the digital entertainment company expands its business portfolio, moving beyond online movie ticket sales and into video on demand and social media. The company said it will move its headquarters from the Sawtelle area to...

  • Katie Couric will fill in as co-anchor on NBC's 'Today' show in January

    Katie Couric will fill in as co-anchor on NBC's 'Today' show in January

    Katie Couric is returning to NBC’s “Today” show for a weeklong fill-in stint at the morning program’s anchor desk next month. Couric will be back alongside Matt Lauer for the week of Jan. 2, according to people at the morning program who are familiar with the plan but not authorized to discuss...

  • 'Rogue One' to dominate Christmas box office as 'Sing' and 'Passengers' open

    'Rogue One' to dominate Christmas box office as 'Sing' and 'Passengers' open

    “Rogue One: A Star Wars Story” is expected to rule the box office during the long Christmas weekend, despite a glut of new films jostling for moviegoers’ dollars.  The second weekend for the Lucasfilm prequel is expected to easily top newcomers, including the new animated musical “Sing,” the romance-in-space...

  • AMC can buy Carmike for $1.2 billion but must sell off some theaters, DOJ says

    AMC can buy Carmike for $1.2 billion but must sell off some theaters, DOJ says

    AMC Entertainment has won approval from the U.S. Department of Justice to buy Carmike Cinemas for $1.2 billion, clearing the way for an acquisition that will create the biggest U.S. movie theater chain. But AMC will have to sell off some theaters and other holdings in order to satisfy regulators....

  • Tribune Media to sell Gracenote to Nielsen for $560 million

    Tribune Media to sell Gracenote to Nielsen for $560 million

    Tribune Media Co. has agreed to sell Gracenote, its digital entertainment and data business, to Nielsen Co. for $560 million. Emeryville, Calif.-based Gracenote provides video, music and sports databases to power TV program guides, music search engines and other digital entertainment platforms....

  • Matt Damon's 'The Great Wall' tests appetite for U.S.-China moviemaking

    Matt Damon's 'The Great Wall' tests appetite for U.S.-China moviemaking

    In the new movie “The Great Wall,” Matt Damon helps Chinese warriors defend their country against fearsome monsters attacking the famous landmark. Now the big-budget film is testing the market for a different kind of cross-border collaboration — U.S.-China co-productions.   The $150-million movie...

  • Inside music mogul Russell Simmons' plan to create a hip-hop video empire

    Inside music mogul Russell Simmons' plan to create a hip-hop video empire

    It’s the lunch hour at Russell Simmons’ downtown Los Angeles office, and the hip-hop mogul’s scrappy video team is setting up cameras in their break room. Simmons’ squad of Internet personalities and producers clear away pizza boxes for their live Facebook shoot, in which they rib each other in...

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