January 22, 2014 |
MIAMI - The Lakers are losers in the standings but financial winners in a big way. They were declared the NBA's second-most valuable franchise, behind only the New York Knicks, in an annual report released Wednesday by Forbes. The Lakers are worth $1.35 billion, up 35% from the previous year, thanks mainly to their new television contract with Time Warner Cable. They earned $122 million last season from TWC, more than 20 times what the Charlotte Bobcats and Milwaukee Bucks received from their broadcasting partners, according to Forbes.
January 21, 2014 |
- Maya Forbes knew the story all too well, but she waited a long time to write a script based on her childhood. It's understandable why the writer-director wasn't rushing. Her father was manic-depressive, and when her mother left their Cambridge, Mass., home to attend graduate school in New York, a 10-year-old Forbes and her sister were largely left in their father's care, which was far from normal - let alone safe - parenting. Forbes, 45, who has writing credits on "The Larry Sanders Show" and the animated movie "Monsters vs. Aliens," said as a parent she has encouraged her children not to be timid.
December 13, 2013 |
Beyonce's surprise album drop constitutes an early holiday gift to fans, but it also figures to bolster her own bank account considerably, enough that it may combine with her other business ventures to deliver her most lucrative year yet, Forbes reports . Whatever she gleans out of the $15.99 downloads of “Beyonce,” the new “visual album” that posted with zero fanfare early Friday on iTunes, will add to revenue from her “Mrs....
December 10, 2013 |
Smile, Adam Sandler - the joke's on you! Or maybe the joke's on us, the collective moviegoing audience? Sandler leads Forbes' 2013 list of the most overpaid Hollywood actors, with "Jack & Jill" and "That's My Boy" as cases in point, illustrating the kind of product that served up only a $3.40 return on every star-salary dollar spent. ("Grown Ups 2" missed the cutoff.) Forbes assembles the top 10 list using data from Box Office Mojo combined with salary data found in its own annual Celebrity 100 list, which cuts off at June 2013.
October 30, 2013 |
Russian President Vladimir Putin is the most powerful person in the world, outflanking President Obama, whose authority was damaged by the recent government shutdown and budget crisis, Forbes magazine reported Wednesday in its annual rankings of global movers and shakers. The list of 72 power brokers -- one for every 100 million people on Earth -- included 17 heads of state and 27 industry leaders, the youngest in each category being North Korea's 30-year-old leader Kim Jong Un and Facebook founder Mark Zuckerberg, 29. It was only the second time in Obama's presidency that he failed to top the list, and Forbes' rationale in awarding the No. 1 spot to Putin seemed more Obama's failing than the Kremlin leader's accomplishment.
October 24, 2013 |
Notice to the 29 other major league baseball clubs: Gushing thank-you notes to the Dodgers can be addressed to Guggenheim Baseball Management, 1000 Elysian Park Ave, Los Angeles CA 90012. A small token of your appreciation would probably be welcomed, but really, is quite unnecessary. For all the shock and awe that rippled through the league after the Dodgers paid a record $2.15 billion to purchase the Dodgers last year, one thing was certain: the Dodgers had increased the value of every other team in baseball in the process.