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Earnings: Discovery Beats Q2 Estimates

15 minutes ago

Discovery Communications reported higher second quarter revenue and earnings, easily beating analysts expectations. The owner of Discovery, TLC, and Own reported revenues of $1.61 billion, up 10 percent over $1.47 billion in the second quarter of 2013. Earnings rose to $379 million, or $1.09 per diluted share, up 26 percent compared to $300 million and $.82 per diluted share in the second quarter a year ago. Analysts had expected the company to report profits of 92 cents a share. At the opening Thursday, the company had climbed .94 percent to $83.71. The results reflect a $31 million gain associated with the sale of HowStuffWorks, »


- Tim Molloy

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Time Warner Cable Q2 Earnings Rise, But Miss Estimates

37 minutes ago

Time Warner Cable reported higher second-quarter profits and revenue, but nonetheless just missed analysts’ expectations. The country's second-largest cable company reported earnings of $499 million, or $1.76 per share, up from $481 million, or $1.64 a share, in the second quarter of 2013. Its adjusted, undiluted earnings per share rose $1.89 a share, up from $1.69. Revenue was $5.7 billion, up from $5.55 billion. Also read: Time Warner Cable, This Is Why People Get Mad at You (Opinion) Analysts had projected $1.91 a share in earnings and $5.74 billion in revenue. The company heralded its “best second quarter subscriber performance in years” after »


- Tim Molloy

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This Sideboob Puppy ‘Daily Show’ Segment Will Change Your Life (Video)

42 minutes ago

If you clicked on this story, you are part of the problem. We, on the other hand, are just being meta. See video: Jon Stewart Takes on Police Racism and Brutality… and Spider-Man On Wednesday, “The Daily Show” looked at the future of journalism, which they depict as a cynical wasteland littered with the skeletons of the well-intentioned and ruled by the evil, thieving aggregators. See video: Watch Jon Stewart's Supercut of CNN Disses With the help of former Gawker viral mastermind Neetzan Zimmerman, correspondent Jordan Klepper learned how to craft the perfect headline to attract maximum attention and traffic. »


- Jordan Zakarin

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Sony Pictures Profits Rise Thanks to ‘Spider-Man 2' and '22 Jump Street’

1 hour ago

Though it is the least successful movie in the franchise, “The Amazing Spider-Man 2” and its $706 million worldwide box office helped Sony Pictures make a $76 million operating profit in the April-June period, the company reported on Thursday. Also read: ‘Amazing Spider-Man 3,’ ‘Sinister Six,’ ‘Uncharted’ Get Release Dates From Sony The webslinger was assisted by fellow sequel “22 Jump Street,” which took in $279 million worldwide, giving Sony $1.98 billion in sales for the quarter. The quarter marked a vast improvement over 2013's April-June period, when the Will Smith bomb “After Earth” dragged Sony down to just a $37 million operating profit »


- Jordan Zakarin

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Kerry Washington, Ellen Pompeo and Viola Davis Celebrate Shondaland Thursdays (Video)

3 hours ago

Thursday nights this fall on ABC are all about Shonda Rhimes, as the creator and executive producer dominates the network's primetime hours. For the first time ever, “Scandal” star Kerry Washington, “Grey's Anatomy's” Ellen Pompeo and Rhimes’ newest leading lady, “How to Get Away With Murder's” Viola Davis, come together to discuss the powerful lineup, including a look back at their characters and a closer look at what's ahead. “This Thursday night lineup is historic,” Washington said, of the three hour block that Rhimes promises will keep viewers at the edge of their seat. Also read: Shonda Rhimes on ‘How to Get Away With. »


- Lindsay Goldstein

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‘Guardians of the Galaxy’ Trailer Is Even More Awesome in Lego (Video)

8 hours ago

Guardians of the Galaxy” already looks like it's going to be one of the most awesome movie tickets of the summer. Now imagine it as a Lego movie. As the insta-classic “Lego Movie” song says, “Everything is awesome. Everything is cool when you're part of a team.” Even if it's a dysfunctional team of interstellar outlaws. Lego and Marvel enthusiast Forrest Whaley has made imagination a reality by creating a Lego version of the “Guardians of the Galaxy” trailer for his YouTube page. Even better, Disney approved the trailer, and is officially promoting it as part of their publicity campaign for. »


- Jason Hughes

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Brian Williams Announces Daughter's ‘Peter Pan’ Casting With Embarrassing Photo (Video)

9 hours ago

Brian Williams had a little bit of fun while announcing the casting of his daughter, Allison Williams, in the title role for NBC's upcoming live production of “Peter Pan” during “NBC Nightly News” on Wednesday. Also read: ‘Girls’ Star Allison Williams to Play Peter Pan for NBC Live Musical The broadcaster never said that Allison was his daughter, and reported the casting like a regular news story, citing additional casting on the special, like Christopher Walken as Captain Hook, as well as Allison's other professional credits, like her starring role on HBO's “Girls.” At the end, though, he threw up a picture of. »


- Jason Hughes

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Nick Jonas Breaks Free From His JoBros ‘Chains’ With Solo Video Featuring Dylan Penn

9 hours ago

Nick Jonas kicked off his solo career with a bang Wednesday when he released the video for “Chains,” his first post-Jonas Bros single. A well-produced track plays over occasionally disconcerting imagery. “Gave you my heart but you took my soul,” sings Jonas, while being dragged on the floor by an off-camera entity that's never revealed. About halfway through, Jonas finally breaks free of his titular shackles — which may or may not be a metaphor for his time with the JoBros — and pursues a beautiful woman, played by Dylan Penn (Sean Penn and Robin Wright‘s daughter.) See video: Demi Lovato Performs ‘Skyscraper’ at Do. »


- Travis Reilly

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New York Times Issues Response to Wikipedia Plagiarism Charge

10 hours ago

The New York Times issued a response Wednesday to claims that one of its writers, Carol Vogel, had plagiarized a passage from Wikipedia. In a note from an editor at the newspaper, it was determined that the opening paragraph in one of her articles “improperly used specific language and details from a Wikipedia article without attribution.” Also read: BuzzFeed Fires Writer Over Multiple Instances of Plagiarism The article was on Italian Renaissance painter Piero di Cosimo, and it listed specific details about the artist using similar language, and in the same order as the Wikipedia entry for him. A spokeswoman for the New. »


- Jason Hughes

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‘Sharknado 2: The Second One’ Scores With Outrageous Twitter Reactions

11 hours ago

Ratings for Syfy's “Sharknado 2: The Second One” haven't come in, but the movie is already a hit in one sphere. It quickly shot to number one on Twitter trending, with everyone getting in on the action of the sequel to the unlikely smash hit from last summer. In fact, at one point in the night, eight of the top ten Twitter hashtags were for the Ian Ziering and Tara Reid movie, which featured countless celebrity cameos. Also read: ‘Sharknado’ Confounds Congress’ Longest-Tenured Member John Dingell The film is also trending on Facebook, as the social media strength it showed during last year's. »


- Jason Hughes

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Justin Bieber Mocks Orlando Bloom With Weepy Photo: Hollywood Twitter Takes the Bait

11 hours ago

Justin Bieber and Orlando Bloom‘s ridiculous feud continued Wednesday, providing comedic fodder across Hollywood social media. The pop star fired the most recent shot when he shared a caption-less photo of Bloom looking weepy on Instagram. Bieber eventually deleted the picture, but not before thousands of Beliebers “liked” it. In case the rock you live under doesn't have a strong wi-fi signal, here's a recap of how this all started: Cameras caught the 37-year-old actor, best known for playing an elf, accosted the 20-year-old singer, who once famously abandoned a monkey in Germany, in Ibiza late Tuesday evening. The footage shows Bloom approaching Bieber. »


- Travis Reilly

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How ‘Silicon Valley’ and Nerdist Stars Brought Their Stand-Up Show From a Comic Shop to Comedy Central

12 hours ago

Long before Comedy Central's “The Meltdown With Jonah and Kumail” premiered last week, the eponymous stand-up comedy show was a hip Wednesday night destination in Los Angeles, taking place in the former stockroom of a comic book shop. The underground spot was discovered by hosts Jonah Ray and Kumail Nanjiani (“Silicon Valley”) years earlier, as the duo was looking for a room to feature their comedy — and their friends. Also read: ‘Drunk History’ Creator Derek Waters Describes 3 Phases of Being Wasted and the Funniest Way to Censor Hitler “Our room is open to more experimentation,” Nanjiani told TheWrap. “We want comics to do what. »


- Tony Maglio

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Wipeout? ‘Teen Choice’ Awards Could Be on the Move After Massive La Water Main Break

13 hours ago

UCLA's Pauley Pavilion is no longer full of water, but it's full of damage — and just 11 days before Fox's “Teen Choice 2014” awards are set to take place in the arena. The facility suffered heavy damage Tuesday when a 30-inch water main broke on Sunset Boulevard in Los Angeles’ upscale Westwood neighborhood, causing massive flooding in the area. The awards show, hosted by “Teen Wolf” star Tyler Posey, is scheduled for Aug. 10 at Pauley Pavilion. Whether or not the arena is repaired by then, the show will go on. Also read: Jennifer Lawrence and ‘Pretty Little Liars’ Dominate First Wave of Teen Choice Awards Nominations Fox. »


- Tony Maglio

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Penelope Cruz Clarifies Stance on Middle East Conflict

13 hours ago

After signing her name to an open letter condemning the Israeli airstrikes on Gaza as “genocide,” Penelope Cruz has walked back her stance on the complicated Middle East crisis. “I don't want to be misunderstood on this important subject,” the actress says in a statement. “I'm not an expert on the situation and I'm aware of the complexity of it. My only wish and intention in signing that group letter is the hope that there will be peace in both Israel and Gaza.” Also read: Javier Bardem, Penelope Cruz, Pedro Almodovar Condemn Israel for Gaza Attacks The open letter, also signed by. »


- Linda Ge

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Emmy Nominated Director's Strange Trip: From Sir-Mix-a-Lot's ‘Baby Got Back’ to ‘Fargo’

13 hours ago

Director Adam Bernstein landed an Emmy nomination for the first episode of FX's “Fargo,” one of two he directed in Noah Hawley‘s miniseries inspired by the Coen brothers movie. It was a typical gig for Bernstein, who has also directed episodes of such acclaimed TV shows as “Breaking Bad,” “Shameless,” “Parenthood,” “30 Rock” and “Homicide: Life on the Street.” But Bernstein didn't start on high-end television shows – instead, he began in animation, and then spent years in the '80s and '90s making rock videos for the likes of the Beastie Boys, the B-52s and Sir Mix-a-Lot, for whom he. »


- Steve Pond

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‘Glee’ Star Harry Shum Jr. Joins ‘Crouching Tiger, Hidden Dragon’ Sequel

14 hours ago

Glee” star Harry Shum, Jr. has joined Donnie Yen and Michelle Yeoh in the sequel to Ang Lee‘s “Crouching Tiger, Hidden Dragon,” an individual with knowledge of the production tells TheWrap. Shooting began this week under the direction of Woo-ping Yuen. Also read: ‘Glee’ Star Lea Michele to Guest on ‘Sons of Anarchy’ The Weinstein Company sequel is set 20 years after the events of the original film and follows four heroes of the martial arts world who must prevent the Green Destiny sword from falling into the hands of the villainous Hades Dai. Yen will play Silent Wolf and Yeoh is on. »


- Linda Ge

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Jay Carney Teaches David Letterman How to Deal With the Press (Video)

14 hours ago

Now that he's left the White House, former Obama press secretary Jay Carney is opening up about his time there. On Wednesday, he tells David Letterman on “The Late Show” of the myriad of ways he declined to answer certain questions (see video above). There's the standard “no comment,” though he says he tried to make it more of a complete sentence. “I don't have the answer” and “I would refer you to someone else” are others, though Carney thinks just saying “I don't know” is the smartest answer for when you genuinely don't know. Also read: Jay Carney Blasts White. »


- Linda Ge

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‘Veep’ Star Tony Hale on Why Julia Louis-Dreyfus Tries to Mess Him Up (Video)

14 hours ago

Tony Hale is the best body man on television – but that's no reflection on the “Veep” star's physique, just an indication of the job his character performs for vice president Selina Meyers, played by Julia Louis-Dreyfus. Hale's Gary Walsh, the so-called “body man” for Selina, is an aide de camp who has apparently put his entire life on hold in order to cater to his boss’ every whim. Pulling whatever Selina needs from the large bag he carries with him at all times, he's a pathologically devoted lapdog whose adventures in the Veep's office and on the campaign trail. »


- Steve Pond

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Discovery Counts Down to Shark Week With ‘Gears, Fears and Rears’ Week (Exclusive)

14 hours ago

Discovery Channel is giving everything it has in the week leading up to Shark Week. Appropriately dubbed “Gears, Fears and Rears Week,” the fun begins Sunday, Aug. 3 and continuing through Saturday, Aug. 9. Discovery Channel has premieres, replays of your favorites and brand new one-off programs to get you ready for biggest week on the channel: Shark Week. What are the highlights? How about an eyeful of “Naked and Afraid” — three hours of it? Also, there's the season finale for “Street Outlaws,” in which Big Chief risks a friendship to be called one of Oklahoma City's best racers. On Tuesday, »


- Jethro Nededog

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‘Sharknado 2: The Second One’ Live Blog: Join TheWrap's Real-Time Snark-nado

14 hours ago

Ian Ziering and Tara Reid return for a second attempt at Emmy glory on Wednesday night with Syfy's “Sharknado 2: The Second One,” the sequel to last year's televised convergence of storm and ocean predator. Also read: ‘Sharknado’ Confounds Congress’ Longest-Tenured Member John Dingell This time out, a cavalcade of newcomers such as Matt Lauer, Al Roker and Mark McGrath are getting in on the action, which is as sure a sign as any that “The Second One” will bear the same mark of excellence as its predecessor. See also: Al Roker Bravely Reveals That Sharknados Aren't a Real Thing (Video) Grab some popcorn and. »


- Wrap Staff

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