December 5, 2012
Dame Elisabeth Murdoch, mother of News Corp. Chairman Rupert Murdoch, has died at her home in Australia at the age of 103. Murdoch was well known for her philanthropy and remained active late into her life. "Throughout her life, our mother demonstrated the very best qualities of true public service," Rupert Murdoch said in a statement published in the News Corp.-owned Wall Street Journal. "Her energy and personal commitment made our country a more hopeful place and she will be missed by many.
December 11, 2012 |
The three public television stations that serve the New York-New Jersey region got the greenlight from the Federal Communications Commission to broadcast Wednesday's "12-12-12," which is the concert that Cablevision President Jim Dolan, the Weinstein Co. chief Harvey Weinstein and Clear Channel executive John Sykes are putting together to raise funds for victims of Hurricane Sandy. Because this is a fundraising event, the noncommercial stations needed permission from the government to telecast it as public TV stations are prohibited from raising funds for organizations other than themselves.
November 1, 2012 |
More summer tent-pole movies boosted Sony Pictures' results in the quarter ended Sept. 30, but the studio still suffered in comparison to the same period last year. This year's summer was full of costly event movies, though the results were mixed, with "The Amazing Spider-Man" a hit, "Total Recall" a flop, and "Men in Black 3" a modest disappointment. However, more big movies resulted in higher theatrical revenue. Summer 2011 was a light one for Culver City-based Sony, with a successful big-screen version of "The Smurfs" its only relatively big-budget tent pole.
November 27, 2012 |
Discovery Communciations has developed a taste for Middle Eastern food. The cable programming giant whose holdings include Discovery Channel and TLC has struck a deal to acquire Dubai-based Takhayal Entertainment, the parent company of Fatafeat, a popular food network in the region. "The acquisition of Takhayal, the premier company for cuisine and culinary programming in the Middle East, significantly strengthens our portfolio in this important region and adds content in a genre that has proved popular with our viewers around the globe," said Mark Hollinger, chief executive of Discovery Networks International. Terms of the agreement were not disclosed, but people with knowledge of the transaction put the price at less than $10 million.
October 2, 2012 |
Chris Dodd, Hollywood's chief lobbyist, extended an olive branch to Silicon Valley. Eager to put to rest a bruising battle with Google and other tech companies over ill-fated anti-piracy bills this year, Dodd stressed common ground between California's two signature industries in a speech Tuesday at the Commonwealth Club of California in San Francisco. "What I don't want to do is relive the SOPA debate -- and I hope you don't either," Dodd said, alluding to the Stop Online Piracy Act that sparked an unprecedented online protest led by Google, Wikipedia and other tech giants.
November 5, 2012 |
Hollywood's largest guilds and unions are calling on their members to vote against Proposition 32, a ballot measure they maintain will sharply limit their political freedoms. The Directors Guild of America, SAG-AFTRA, IATSE, Professional Musicians Local 47, Teamsters Local 399 and IBEW Local 40 said they are actively working to defeat the proposition, which would eliminate deductions from members' paychecks for political fundraising. Republican donors, anti-tax activists and business executives have invested tens of millions of dollars in television and radio ads to boost support for the measure, but unions in Hollywood and elsewhere have mounted a campaign to fight the proposition.