Twentieth Century Fox chairman and CEO Jim Gianopulos doesn’t have an easy job.
It’s hard enough to pick movies that connect with audiences. Today, studio chiefs like Gianopulos must navigate a rapidly shifting landscape where consumer demands, piracy and the collapse of the DVD market, as well as increasing competition from online diversions and quality cable TV shows, are wreaking havoc on the financial underpinnings of the film business. Media companies like Fox’s parent 21st Century Fox are on a quest to grow bigger in order to compete with digital superpowers like Google and pending mergers between cable and telco giants like Comcast and Time Warner Cable, and At&T and DirecTV. Gianopulos’ uberboss, 21st Century Fox chief Rupert Murdoch, made a surprise $80 billion bid to buy Time Warner that was rejected and he subsequently withdrew. But consolidation, it seems, is coming.
Photo by Art Streiber for...
It’s hard enough to pick movies that connect with audiences. Today, studio chiefs like Gianopulos must navigate a rapidly shifting landscape where consumer demands, piracy and the collapse of the DVD market, as well as increasing competition from online diversions and quality cable TV shows, are wreaking havoc on the financial underpinnings of the film business. Media companies like Fox’s parent 21st Century Fox are on a quest to grow bigger in order to compete with digital superpowers like Google and pending mergers between cable and telco giants like Comcast and Time Warner Cable, and At&T and DirecTV. Gianopulos’ uberboss, 21st Century Fox chief Rupert Murdoch, made a surprise $80 billion bid to buy Time Warner that was rejected and he subsequently withdrew. But consolidation, it seems, is coming.
Photo by Art Streiber for...
- 8/19/2014
- by Brent Lang
- Variety - Film News
Similar News
“He finally gets to be Gambit after 15 years”: Channing Tatum Has Way More Than Just a Cameo in Deadpool & Wolverine as Per a New MCU Report
- 4/25/2024
- by Mahin Sultan
- FandomWire
“Must have kidnapped me in my sleep”: Another Original X-Men Star Confirms His Marvel Return With Hugh Jackman in Deadpool & Wolverine
- 4/25/2024
- by Lachit Roy
- FandomWire
Famke Janssen says “You never know” on returning to the role of X-Men’s Jean Grey
- 4/24/2024
- by EJ Tangonan
- JoBlo.com
Alien: Romulus Will Fix a Major $241 Million Prequel Mistake
- 4/24/2024
- by info@startefacts.com (Lee Jevon)
- STartefacts.com
Brian Tyree Henry Joins Universal Musical From Michel Gondry, Pharrell Williams
- 4/24/2024
- by Etan Vlessing
- The Hollywood Reporter - Movie News
Jodie Comer, Aaron Taylor-Johnson & Ralph Fiennes To Star In ‘28 Years Later’ For Danny Boyle And Sony Pictures
- 4/24/2024
- by Justin Kroll
- Deadline Film + TV
Stellar Blade’s Hyung-Tae Kim Thought 1 James Cameron Film was Lacking, and His Latest Game Proves He Could Have Done it Justice
- 4/24/2024
- by Rouvin Josef Quirimit
- FandomWire
What Happened to Mr. & Mrs. Smith?
- 4/24/2024
- by Jake Dee
- JoBlo.com
“For the record I have zero intention…”: 1 Stellar Blade Fan Wants Shift Up to Include a Mechanic Many Are Begging for, but Even Baldur’s Gate 3 Doesn’t Have It
- 4/24/2024
- by Nilendu Brahma
- FandomWire
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.