April 22, 2001 |
A much-anticipated sequel to last year's scathing Federal Trade Commission report on the marketing of violent entertainment to children is expected to single out the recording industry for failing to respond to federal officials' recommendations. The film and video game industries are said to have shown some progress but have not completely ceased the marketing of inappropriate material to children, according to industry sources familiar with briefings given to congressional aides.
September 11, 2000 |
Hollywood has systematically marketed violent, adult-oriented films, music and video games to children, using popular cartoon shows, comic books and even young kids themselves to do it, according to a Federal Trade Commission report released today. Despite the entertainment industry's participation in warning label programs designed to shield children from violence in such products, the FTC found that advertising and other marketing tools were routinely used to attract young customers.
May 17, 1999 |
For more than a decade, the computer game industry has struggled to shed its geek image and gain recognition as a legitimate entertainment business. And just when it finally accomplishes that goal--hauling in $6.3 billion in revenue in 1998--it faces the much greater challenge of dealing with intense scrutiny over ties to recent violent acts in schools. Game executives are divided over how to deal with this unwanted attention.
April 7, 1999 |
Another in an occasional series revisiting Business Make-Overs. Like the extreme-sports enthusiasts he shoots for his video and film production company, Michael Strassman has learned that he has to top past achievements if his Range of Light Productions is to succeed. The company, located near Mammoth Lakes in the Eastern Sierra, posted its best year ever last year with $240,000 in revenue.
March 16, 1999 |
Hollywood studio Metro-Goldwyn-Mayer Inc. said Monday that it will pay Warner Bros. more than $225 million to end an onerous video-distribution pact that has scared off suitors and kept MGM from joining in productions with other major studios. The deal gives MGM control of its post-1986 video library but comes at a high price. MGM said it will take a $225-million pretax charge in its first quarter to cover the costs. Warner Bros., a division of Time Warner Inc.
March 3, 1999 |
Less than a year ago, Billy Blanks was a $70-an-hour personal trainer with a growing celebrity clientele--not exactly a rare job description in Los Angeles. Today, thanks to the power of video and an oft-aired TV infomercial, Blanks is on the verge of becoming the most popular fitness guru since Jane Fonda.
February 23, 1999 |
Viacom Inc., the world's No. 4 media company, will sell 15% to 20% of its Blockbuster Entertainment unit to the public for about $700 million, a person familiar with the company's plan said Monday. The sale of a stake in Blockbuster, the world's largest video retail chain, is expected to be filed within two months, the person said.
CALIFORNIA | LOCAL
February 3, 1999 |
The public television network--known for Big Bird, "Masterpiece Theatre" and fund-raising telethons--cheated former Monkee Michael Nesmith in a home video deal and must pay him nearly $47 million, a federal jury in Los Angeles has found. The Public Broadcasting Service initially sued Nesmith and his defunct Santa Monica-based Pacific Arts Corp.
September 22, 1998 |
Even before President Clinton's grand jury testimony about his affair with Monica Lewinsky hit the airwaves on Monday, four home-video suppliers were already locking horns in a price war over the video release. Their goal: to capture the lion's share of video sales, which could total millions of dollars. Since the product will be virtually the same, the prize in this contest will go to the company that is first on the stands, with price playing a central role.
September 17, 1998 |
A year and a half after the roll-out of the digital videodisc, or DVD, a long-anticipated hybrid known as Divx is set to launch nationally within the next few weeks. The question is whether Divx (digital video express) will be DOA (dead on arrival). The backers of Divx say it has the potential to fundamentally change the way video is consumed: The discs look like regular DVDs or audio CDs. But Divx discs are a rental/sales combination. For an initial charge of about $4.