COMPANY TOWN

COMPANY TOWN

  • Shari Redstone once again eyeing a merger of CBS and Viacom

    Shari Redstone once again eyeing a merger of CBS and Viacom

    Shari Redstone wants to recombine CBS Corp. and Viacom Inc. to better fortify the two medium-sized media companies at a time when other entertainment companies are scrambling to bulk up. There are no merger talks underway, three people familiar with the matter who were not authorized to publicly...

  • Penthouse magazine parent files for bankruptcy protection

    Penthouse magazine parent files for bankruptcy protection

    Penthouse Global Media, the company behind the legendary adult magazine created five decades ago by Bob Guccione, has filed for Chapter 11 bankruptcy protection, according to court documents filed Thursday in federal court in California. The filing represents the latest setback for the publisher,...

  • Weinstein Co. closing in on sale to Maria Contreras-Sweet-led investor group, sources say

    Weinstein Co. closing in on sale to Maria Contreras-Sweet-led investor group, sources say

    Weinstein Co., the troubled movie and television studio founded by disgraced mogul Harvey Weinstein, is closing in on a sale to a group of investors led by former Obama administration official Maria Contreras-Sweet, according to people familiar with the matter. Backers for Contreras-Sweet, who...

  • 'Star Wars: The Last Jedi' falls short in China

    'Star Wars: The Last Jedi' falls short in China

    “Star Wars: The Last Jedi” failed to conquer the world’s second-largest box office last weekend, despite heavy promotion in China and broader success worldwide. Not even a red-carpet premiere at the Shanghai Disney Resort and marketing partnerships with Pepsi, Alibaba and Samsung could avert a...

  • Judge won't dismiss $750 million defamation lawsuit filed by brother of JonBenet Ramsey

    Judge won't dismiss $750 million defamation lawsuit filed by brother of JonBenet Ramsey

    A judge declined to dismiss a $750 million defamation lawsuit filed against CBS by JonBenet Ramsey's brother. The Boulder Daily Camera reports a Circuit Court judge in Michigan on Friday denied a motion by CBS and other defendants who asked that the case be tossed. Burke Ramsey sued CBS in December...

  • OSHA fines 'The Walking Dead' production company in stuntman's death

    OSHA fines 'The Walking Dead' production company in stuntman's death

    The Occupational Safety and Health Administration has fined the producers of hit AMC television show “The Walking Dead” in the death of a stuntman working on an episode of the show in Georgia last summer. Stalwart Films LLC, the production company, was notified Friday that it was being fined $12,675...

  • Peak TV continues to climb, with a 7% jump in series in 2017, says FX's Landgraf

    Peak TV continues to climb, with a 7% jump in series in 2017, says FX's Landgraf

    Scripted-show production in the era of so-called peak TV peaked again in 2017, according to the numbers compiled by FX Networks. FX President John Landgraf presented his annual count of scripted programs Friday to the Television Critics Assn., which showed the total number of series was up 7% in...

  • Porn industry gets a boost from VR, but manufacturers aren't thrilled

    Porn industry gets a boost from VR, but manufacturers aren't thrilled

    Porn star Missy Martinez had never acted in a virtual reality production when she was cast in a cosplay parody of the video game series “Fallout,” in which she plays a frisky “vault girl” wandering a post-apocalyptic wasteland. Dressed in a tight, blue-and-gold space suit, Martinez approached the...

  • Fox execs and producers don't think they will be Disney-fied after asset sale

    Fox execs and producers don't think they will be Disney-fied after asset sale

    When Ryan Murphy, an edgy producer for 21st Century Fox’s TV studio, heard that his longtime employer was being acquired by Walt Disney Co., he was surprised and a bit anxious. “I got a call from [Disney Chief Executive] Bob Iger and I said point blank, ‘The stuff that I do is not specifically...

  • In historic move, NBC names Hoda Kotb co-anchor of 'Today,' replacing Matt Lauer

    In historic move, NBC names Hoda Kotb co-anchor of 'Today,' replacing Matt Lauer

    NBC made history with the appointment of Hoda Kotb as co-anchor of “Today,” giving the morning show the first all-female team in its 65-year history. Kotb, 53, was named Tuesday to replace Matt Lauer, who was fired Nov. 28, putting her alongside co-anchor Savannah Guthrie. The landmark decision...

  • President Trump turned cable news into must-see TV in 2017

    President Trump turned cable news into must-see TV in 2017

    Before President Trump occupied the White House, he was known for bragging about the ratings for his NBC reality show “The Apprentice.” Based on the year-end Nielsen ratings for cable news, Trump can rightfully start boasting again. Fox News finished 2017 as the most-watched cable network in all...

  • Matt-Lauer-free 'Today' is still top-rated morning show, but NBC's lead is shrinking

    Matt-Lauer-free 'Today' is still top-rated morning show, but NBC's lead is shrinking

    NBC’s “Today” extended its post-Matt-Lauer ratings winning streak to four consecutive weeks, but its lead over ABC’s “Good Morning America” is slipping. The Nielsen ratings for the week of Dec. 18-22 showed NBC averaging 4.38 million viewers to ABC’s 4.33 million. “CBS This Morning” was third with...

  • Chinese films dominate China's box office as 'Youth' rules for a second week

    Chinese films dominate China's box office as 'Youth' rules for a second week

    Chinese blockbusters took command of China’s box office last week, accounting for the four top films. And even though the country’s film authorities typically reserve the latter half of December for domestic movies, Pixar’s “Coco” hung on to a spot in the top five. The period epic “Youth” dominated...

  • Jedi holiday magic: 'Star Wars' holds top spot on Christmas weekend

    Jedi holiday magic: 'Star Wars' holds top spot on Christmas weekend

    Santa and his reindeer got nothing on Rey, Finn and Poe. Moviegoers may have been immersed in holiday parties and preparations in the days leading up to Christmas, but they still filled theaters for some Jedi Knight magic. As expected, “Star Wars: The Last Jedi” held the top spot at the box office...

  • Even with 'Star Wars' surge, moviegoing could hit 22-year low. Blame bad sequels, rising ticket prices and streaming

    Even with 'Star Wars' surge, moviegoing could hit 22-year low. Blame bad sequels, rising ticket prices and streaming

    Hollywood is celebrating the end of 2017 with astronomical sales from “Star Wars: The Last Jedi,” which is on track to soon exceed $1 billion in global ticket sales and eventually become the biggest movie of the year. But that won’t be enough to write a happy storyline for the industry. Although...

  • Longtime ABC News anchor Elizabeth Vargas to exit the network in May

    Longtime ABC News anchor Elizabeth Vargas to exit the network in May

    Longtime ABC News anchor Elizabeth Vargas is leaving the network in May, at the end of the current season of her prime-time newsmagazine “20/20.” ABC News President James Goldston announced her departure Friday in a memo to staffers that said Vargas wants to “pursue new ventures.” Vargas, 55, has...

  • Fox News Washington correspondent James Rosen is leaving the network

    Fox News Washington correspondent James Rosen is leaving the network

    James Rosen, one of the longest-tenured correspondents at Fox News, is leaving the company at the end of the year. Fox News offered no reason for his exit beyond a statement Friday confirming his departure. Rosen, 49, has been in the Washington bureau of Fox News since 1999. He became a news subject...

  • Weinstein Co. board meets to consider bids as decision time looms

    Weinstein Co. board meets to consider bids as decision time looms

    The Weinstein Co. board of directors met Friday to consider bids for the struggling film and television studio, according to a person familiar with the matter who requested anonymity because the talks are private. Bids came due this week, and the board members are expected to make a decision quickly...

  • CNN cancels its daily Snapchat show after four months

    CNN cancels its daily Snapchat show after four months

    CNN has ended its daily newscast designed for Snapchat users just four months after launching it. CNN and Los Angeles-based Snap Inc. said the program, called “The Update,” failed to generate enough advertising revenue to sustain itself. A CNN spokesperson said the news network will continue to...

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