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  • DreamWorks Animation shares soar on Comcast deal talks

    DreamWorks Animation shares soar on Comcast deal talks

    DreamWorks Animation shares soared Wednesday after reports that the "Shrek" and "Kung Fu Panda" studio could be sold to Comcast Corp. for $3 billion.  The stock jumped 17% in midday trading on Wall Street to $31.70 a share, while Comcast rose 1% to $61.54. The potential bid would amount to a 38% premium...

  • Comcast is silent about DreamWorks bid, instead touting strong first-quarter earnings

    Comcast is silent about DreamWorks bid, instead touting strong first-quarter earnings

    Comcast Corp. declined Wednesday to discuss its negotiations to buy DreamWorks Animation, the studio behind "Shrek" and "Kung Fu Panda." Comcast is in talks to buy the Glendale-based studio, but the deal is not complete, according to a person close to the situation who was not authorized to discuss...

  • Comcast reportedly in talks to buy DreamWorks Animation

    Comcast reportedly in talks to buy DreamWorks Animation

    Media conglomerate Comcast Corp. is reportedly in talks to buy DreamWorks Animation for more than $3 billion, a significant premium over the Glendale's studio's current market value of $2.35 billion. The potential acquisition would offer benefits to both companies. DreamWorks, run by Hollywood...

  • Former Epix executive arrested over alleged $8-million fraud

    Former Epix executive arrested over alleged $8-million fraud

    The former chief digital officer of the Epix cable television network was arrested Tuesday on charges that he bilked the network out of more than $8 million over the course of five years. Emil Rensing was arrested by FBI agents at his Manhattan residence, The Times confirmed. He was charged with...

  • Bryan Cranston's Palme d'Or theater closes amid battle with national chain

    Bryan Cranston's Palme d'Or theater closes amid battle with national chain

    Cinemas Palme d'Or, the specialty movie theater part-owned by "Breaking Bad" star Bryan Cranston, is closing its doors in Palm Desert amid a protracted battle with one of the nation's largest multiplex chains.  The theater said Tuesday it is shutting down after 13 years in business, saying it was...

  • NBC is cutting the number of commercials during 'Saturday Night Live'

    NBC is cutting the number of commercials during 'Saturday Night Live'

    NBC is cutting the commercial clutter during "Saturday Night Live." Just two weeks before NBC starts selling ad time for the 2016-17 season, the network announced Monday that the legendary late-night sketch program will have two fewer national commercial breaks starting this season, its 42nd. "As...

  • Marketing at Coachella: How brands stake claims amid the bands

    Marketing at Coachella: How brands stake claims amid the bands

    A $1 pour of Prosecco may sound like a good deal, especially at the Coachella Valley Music and Arts Festival. But what if, in exchange, you have to participate in the winemaker’s social media marketing?   Indeed, a Cupcake Vineyards truck stationed amid this weekend’s festivities offered concert...

  • 'Huntsman' gets iced by 'Jungle Book' at weekend box office

    'Huntsman' gets iced by 'Jungle Book' at weekend box office

    Disney's live-action breakout "The Jungle Book" retained the top spot at the box office, icing out a host of holdovers and Universal Pictures' new release "The Huntsman: Winter's War." The Jon Favreau-directed update of the Rudyard Kipling tale grossed another estimated $60.8 million in the U.S...

  • Kelly Ripa, after thanking staff in email, will return to 'Live' beside Michael Strahan on Tuesday

    Kelly Ripa, after thanking staff in email, will return to 'Live' beside Michael Strahan on Tuesday

    Disney/ABC's daytime TV nightmare will soon be over. Kelly Ripa is planning to return to "Live With Kelly and Michael" on Tuesday after she walked out over the news that her co-host Michael Strahan is leaving the program for ABC's "Good Morning America." In an email late Friday, Ripa alerted the...

  • Fox, Disney, CBS, Time Warner, Viacom protest proposed FCC set-top box rules

    Fox, Disney, CBS, Time Warner, Viacom protest proposed FCC set-top box rules

    The nation's largest media companies are banding together to protest proposed Federal Communications Commission rules designed to spur competition in the TV set-top box manufacturing market. Walt Disney Co., CBS Corp., 21st Century Fox, A&E Television Networks, Time Warner Inc. , Scripps Networks...

  • Value of Prince's $300-million estate is expected to soar in coming years

    Value of Prince's $300-million estate is expected to soar in coming years

    By any measure, Prince was rock star royalty. That includes his wealth. The prolific musician leaves behind a vast legacy of genre-bending albums and gender-bending fashion statements — and an estate said to be worth about $300 million, making him one of the most valuable entertainers in the world....

  • DreamWorks Chief Executive Jeffrey Katzenberg's pay reached $13.5 million in 2015

    DreamWorks Chief Executive Jeffrey Katzenberg's pay reached $13.5 million in 2015

    DreamWorks Animation Chief Executive Jeffrey Katzenberg received compensation valued at $13.5 million in 2015, more than doubling his package from a year earlier. His total compensation grew 112% from 2014, when it totaled $6.5 million, according to a Securities and Exchange Commission filing on...

  • Coachella by the numbers: a breakdown of the festival's $700-million impact

    Coachella by the numbers: a breakdown of the festival's $700-million impact

    Indio Chamber of Commerce Chief Executive Joshua Bonner has first-hand knowledge of how the Coachella Valley Music and Arts Festival and Stagecoach can benefit the local economy. Each year he rents out his home for $2,000 to $3,000 each weekend to people headed to the festival grounds. "It literally...

  • 'Marvel's Jessica Jones,' 'Transparent,' 'black-ish' and 'Mr. Robot' win Peabody Awards

    'Marvel's Jessica Jones,' 'Transparent,' 'black-ish' and 'Mr. Robot' win Peabody Awards

    Netflix is the big winner among the entertainment and children’s programs honored this year with Peabody Awards. The digital streaming service is the home of three of the 11 programs selected for the awards presented annually by the University of Georgia’s Grady College of Journalism and Mass Communication....

  • Rep. Hahn prods DirecTV, Time Warner Cable to restart Dodger channel talks

    Rep. Hahn prods DirecTV, Time Warner Cable to restart Dodger channel talks

    Rep. Janice Hahn (D-San Pedro) has made a strong pitch to pay-TV operators in Los Angeles to try to end the two-year standoff over distribution of SportsNet LA, the cable TV channel owned by the Los Angeles Dodgers. Like tens of thousands of Dodgers fans, Hahn can't watch Dodgers baseball games...

  • Prince took a protective stance on music copyrights

    Prince took a protective stance on music copyrights

    Prince was always known for doing things his own way, building a legacy as a dynamic performer, versatile musician and fashion hero. But the artist, who died Thursday morning, also gained a reputation for the way he handled the business end of his career, fiercely guarding his copyrights in an...

  • Jay Wallace to oversee editorial content at Fox News

    Jay Wallace to oversee editorial content at Fox News

    Fox News veteran Jay Wallace has been put in charge of editorial content at the division. Wallace, who has been with Fox News Channel since its launch 20 years ago, is replacing Michael Clemente, who will now head a newly created unit dedicated to specials at the channel. Wallace had served as...

  • Walt Disney Co.'s ABC sells its Fusion stake to Univision, exits joint venture

    Walt Disney Co.'s ABC sells its Fusion stake to Univision, exits joint venture

    Walt Disney Co.'s ABC and Univision Communications have ended their nearly 3-year-old Fusion network joint venture aimed at millennial viewers. Disney on Thursday sold its 50% stake in the venture back to Univision, which plans to reposition several of its assets, including Fusion, as a "multi-platform...

  • 'Batman v Superman,' 'Deadpool' and 'Zootopia' boost Imax earnings

    'Batman v Superman,' 'Deadpool' and 'Zootopia' boost Imax earnings

    Imax Corp. earnings soared in the first quarter thanks to an unusually strong crop of blockbuster movies in the beginning of the year, as studios increasingly spread out their big movie releases.  The premium cinema company on Thursday reported adjusted profit that hit $15.5 million, or 22 cents...

  • No blackout as Viacom and Dish Network reach new carriage deal

    No blackout as Viacom and Dish Network reach new carriage deal

    After a marathon night of negotiations, Dish Network and Viacom Inc. reached a new five-year agreement that guarantees carriage of Viacom’s networks, including MTV, VH1, Comedy Central, BET and Nickelodeon. “This creative, bold and consumer-friendly approach extends a nearly 20-year-old relationship,”...

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