COMPANY TOWN

COMPANY TOWN

Shareholders OK Lionsgate's purchase of Starz for $4.4 billion

Lionsgate has won shareholder approval to acquire cable network Starz for $4.4 billion, the company said Thursday, ratifying one of the biggest studio deals this decade. The cash-and-stock deal, first announced in June, was approved by 98% of votes from Lionsgate shareholders and 95% of votes from...

  • Breitbart News sees advertisers exit, calls Kellogg's decision 'un-American'

    Breitbart News sees advertisers exit, calls Kellogg's decision 'un-American'

    The Breitbart News Network is seeing some of its advertisers head for the exit doors and is responding in typical Breitbart fashion: by going on the counteroffensive, labeling one of them as “un-American” and calling it a war on conservatism. Since Donald Trump’s victory in the presidential election,...

  • HBO's 'Ballers' plans to relocate filming to California from Florida

    HBO's 'Ballers' plans to relocate filming to California from Florida

    “Ballers,” the HBO series starring Dwayne “The Rock” Johnson as a former NFL athlete trying to score a touchdown as a financial manager, will be the latest TV series relocating to California to take advantage of the state’s expanded tax incentive program. The series will move to the Los Angeles...

  • Matt Lauer signs on for more 'Today' through 2018

    Matt Lauer signs on for more 'Today' through 2018

    Matt Lauer has quietly signed on for two more years as co-anchor on NBC’s “Today.” Citing unnamed sources, the New York Post said late Tuesday that Lauer agreed to extend his commitment to the morning program through 2018. An NBC News representative is not officially commenting on the report. But...

  • 'Fantastic Beasts' tops China's box office, opening with $41.2 million

    'Fantastic Beasts' tops China's box office, opening with $41.2 million

    The Harry Potter spinoff “Fantastic Beasts and Where to Find Them” topped China’s box office last week, racking up $41.2 million in three days.  The Warner Bros. fantasy film, produced and written by J.K. Rowling, was released in China on Nov. 25, more than two weeks after its New York City premiere....

  • 'Moana' and 'Fantastic Beasts' likely to dominate box office again as Jackie Kennedy biopic debuts

    'Moana' and 'Fantastic Beasts' likely to dominate box office again as Jackie Kennedy biopic debuts

    Disney’s new animated hit “Moana” and J.K. Rowling’s “Fantastic Beasts” should have no trouble dominating the domestic box office charts again this weekend, as Hollywood sleeps off its Thanksgiving feast.  “Moana,” featuring the voices of Dwayne Johnson and newcomer Auli'i Cravalho, is expected...

  • Showtime’s Stephen Espinoza looks for sports programming that punches through

    Showtime’s Stephen Espinoza looks for sports programming that punches through

    Stephen Espinoza, executive vice president and general manager for sports at Showtime Networks, can often be seen alongside the glitterati who show up at major boxing spectacles. But he’s never forgotten the first fight that moved him to tears. Watching on a black and white TV screen almost 39...

  • AT&T's DirecTV Now streaming service is targeting cord-cutters and young adults

    AT&T's DirecTV Now streaming service is targeting cord-cutters and young adults

    AT&T on Monday unveiled its streaming service, DirecTV Now, with hopes of enticing young adults and budget-conscious customers with a less expensive bundle of live television networks. The DirecTV Now streaming service launches Wednesday with such premium brands as AMC, ESPN, Fox News, HGTV, NBC...

  • Meghan McCain named co-host of Fox News show 'Outnumbered'

    Meghan McCain named co-host of Fox News show 'Outnumbered'

    Meghan McCain, the daughter of 2008 Republican presidential candidate Sen. John McCain of Arizona, has become a permanent co-host of the Fox News daytime show “Outnumbered.” McCain, 32, has appeared frequently on the program as a Fox News contributor since 2015. On Monday, the channel announced...

  • DirecTV's Daniel York brought hardball tactics to Dodgers channel negotiations

    DirecTV's Daniel York brought hardball tactics to Dodgers channel negotiations

    When the Weather Channel’s carriage contract came up for renewal nearly three years ago, DirecTV’s chief content officer demanded the small network slash its programming fees by 75%. After the Weather Channel refused, DirecTV abruptly replaced it with a lesser-known programming service — confusing viewers...

  • Treasury candidate is a Wall Street executive who has backed movies such as last summer's 'Suicide Squad'

    Treasury candidate is a Wall Street executive who has backed movies such as last summer's 'Suicide Squad'

    Much of liberal Hollywood may be lamenting the prospect of a Donald Trump presidency, but one prominent industry player could wind up getting a high-profile position in the new administration. Steven Mnuchin, 53, a wealthy Wall Street executive and successful film financier who served as the national...

  • Disney posts fourth-quarter profit of $1.77 billion, but misses on analysts' expectations

    Disney posts fourth-quarter profit of $1.77 billion, but misses on analysts' expectations

    Walt Disney Co. reported a fourth-quarter profit of $1.77 billion, up 10% from a year earlier, but failed to deliver on analysts’ expectations. There were several weak spots for the company during the quarter that ended Oct. 1, with notable declines in box office sales, and advertising and affiliate...

  • What a Trump administration means for Fox News and other cable news networks

    What a Trump administration means for Fox News and other cable news networks

    Election night coverage on the cable news networks reached new heights Tuesday. But Fox News, CNN and MSNBC have to focus on how to keep audiences now that the contentious and expectation-defying 2016 race for the White House is over. CNN had 13.3 million viewers in prime time to watch the election...

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