The Skinny: Well, I didn't win the Powerball lottery, which means I'll be heading back to the office today after a long trip to New York. Ask me around Thursday if it's good to be home. Monday's headlines include a recap of the weekend box office, Yahoo's purchase of Tumblr and the question of whether there are clouds over
Daily Dose: Now that the upfronts are over, everyone around town will start scrambling to see the pilots for all the new shows. In the past, pilots were passed around like gossip, but now even top studio chiefs have a hard time getting a hold of pilots from rival studios. It's made placing writers on shows difficult for some agents. After all, how can you tell your client if it's a good show if you haven't seen it? The lockdown has more to do with fears of bad buzz than piracy.
Not quite warp speed. "
Tumblr for you. Yahoo is spending $1.1 billion for the blogging site Tumblr. Although this story is a little out of our wheelhouse, I couldn't resist the chance to use a Culture Club reference. The price tag will likely seem steep to many because Tumblr has revenues of about $13 million. But its more than 100 million users no doubt have Yahoo thinking that it can find ways to monetize the site. More from the Wall Street Journal and the Los Angeles Times.
The revolution will be televised. You know how when you log on to
Under the microscope. Hedge fund billionaire Daniel Loeb's interest in persuading Sony Corp. to spin off its entertainment assets has shined a light on the movie and TV studio.
Next to go? Is Warner Bros. Pictures Group President Jeff Robinov on thin ice at the studio? That's what Variety says. Robinov, known for a testy personality, wasn't happy he was passed over as CEO for the studio. The job went to home entertainment head Kevin Tsujihara. Now people are wondering whether Robinov will be able to make nice with his new boss. Bruce Rosenblum, the head of the TV group and another who was passed over for the top job, has already said he is resigning from the studio.