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Viacom CEO: 'We're Still in Discussions with Netflix'
7 hours ago
Viacom CEO Philippe Dauman isn't giving up on the possibility of extending the media giant's distribution pact with Netflix. The media mogul told investors and analysts during a quarterly earnings call on Wednesday that it is possible that Viacom will work out a new pact with the streaming service even though its current distribution agreement with Netflix expires this month. "We're still in discussions with Netflix," Dauman said. "We're open to licensing content - some on an exclusive basis and some on a non-exclusive basis," he added. Earlier this week, Netflix said in a »
- Brent Lang
'Young and the Restless,' CBS Lead Daytime Emmy Nominees
7 hours ago
CBS and "The Young and the Restless" lead in the nominations announced today for the 40th annual Daytime Emmy Awards. More to come. Here's the complete list of nominees: Outstanding Drama Series The Bold and the Beautiful CBS Bradley P. Bell, Executive Producer Rhonda Friedman, Edward J. Scott, Supervising Producers Ronald W. Weaver, Senior Producer MarkPinciotti, Coordinating Producer Cynthia J. Popp, Colleen Bell, Casey Kasprzyk, Producers Days of Our Lives NBC Ken Corday, Executive Producer Lisa de Cazotte, Greg Meng, Co-Executive Producers Janet Drucker, Tim Stevens, Coordinating Producers Albert Alarr, Producer General Hospital ABC Frank Valentini, Executive Producer Mary-Kelly Weir, »
- Tim Molloy
Earnings: Comcast Revenue, Profits Up in Q1
8 hours ago
Comcast Corp. posted higher profit and revenue for the first quarter Wednesday, thanks largely to its cable strength. The leading U.S. cable television provider and owner of NBC Universal posted first-quarter profit of $1.4 billion, or 54 cents a share, up from $1.22 billion, or 45 cents a year ago. Excluding revenue from its sale of spectrum, the company posted earnings of 51 per share, beating analyst estimates by one cent, according to Reuters. Revenue at Comcast rose 2.9 percent to $15.3 billion. Analysts, on average, expected $15.38 billion. Revenue at NBC Universal rose »
- Tim Molloy
Viacom Earnings Fall on Fewer Films
8 hours ago
Paramount Pictures has scaled down the number of films it releases and the lack of winter and spring blockbusters proved a drag on parent company Viacom's quarterly earnings. Revenue at the entertainment giant fell 6 percent for the three month period ending in March, which the company attributed to weaker earnings from its theatrical film releases. That just missed Wall Street's expectations; analysts had projected the company would record revenues of $3.19 billion, according to Thomson Reuters. Net earnings fell 18 percent from the same period a year ago to $481 million. »
- Brent Lang
Why the Rock Is the First Pro Wrestler (or Athlete) to Become a Movie Star
9 hours ago
Ask a group of pro wrestling fans to name their favorite lord of the ring and you might get 10 different answers. Older fans grew up idolizing Hulk Hogan, Andre the Giant and "Nature Boy" Ric Flair while newer fans might list Shawn Michaels, Stone Cold Steve Austin and John Cena. Yet ask those same people to pick their favorite wrestler-turned-movie star and the decision gets a whole lot easier. There's only one choice. Dwayne Johnson, better known as The Rock, has starred in three movies over the past three months, "Snitch," "G.I Joe: »
- Lucas Shaw
'The Hobbit,' Ncaa Tournament Boost Time Warner Earnings, But Revenue Flat
9 hours ago
The popularity of "The Hobbit: An Unexpected Journey" and the Ncaa Tournament propelled Time Warner to an increase in its earnings for the first fiscal quarter of 2013, though revenue was flat from the year before. The company reported earnings per share of $0.82, exceeding predictions of $0.75. Its Networks division, encompassing Turner Broadcasting and HBO, as well as its Film and TV Entertainment, spanning its film and TV studios, were the two drivers of growth. Income from the Film and TV division rose 23 percent thanks to the success of Peter »
- Lucas Shaw
Jay Penske Accused of Business Misconduct, Alleges Fraud by Former Variety Executive
14 hours ago
New Variety owner Jay Penske is embroiled in a legal mess in which he accuses a former top executive at Variety of committing fraud in an alleged kickback scheme during his purchase of the trade last year, TheWrap has learned. Meanwhile the defendant in that case filed a counter-suit on Tuesday, alleging that Penske ignored a joint venture that existed before he bought the trade and cut them out of millions of dollars of sponsorship business. TheWrap obtained a copy of the Penske lawsuit, dated April 29, 2013, against the Beverly Hills »
- Sharon Waxman
Deanna Durbin, 'Lady on a Train' Actress, Dead at 91
18 hours ago
Deanna Durbin, the Depression Era actress whose films included "Three Smart Girls," "Lady on a Train" and "Christmas Holiday," has died, according to the New York Times. She was 91. Durbin had been mostly out of the public eye since performing in 1948's "For the Love of Mary," retiring to France with her third husband, "Lady on a Train" director Charles David, because, as she said, "I hated being in a goldfish bowl." Also read: Notable Celebrity Deaths of 2013 Born Edna Mae Durbin in Winnipeg, Manitoba, on Dec. 4, 1921, Durbin relocated »
- Tim Kenneally
Sony CEO Michael Lynton on Hulu: 'I'm Not a Buyer'
18 hours ago
It sounds as if Hulu's board of directors is going to have a tough time finding a buyer for the video streaming service. "I'm not a buyer," Sony Entertainment Chairman and CEO Michael Lynton said at Tuesday's Milken Institute Global Conference. "Who wants to buy it?" CBS Corporation President and CEO, Les Moonves, asked the event's moderator, CNBC reporter Julia Boorstin, whose parent company, Comcast, also co-owns Hulu. Also read: 3 Things That Need to Happen Before Big Money Gets Spent on YouTube, Hulu, Yahoo & AOL Moonves and fellow panelist Clear Channel Communications »
- Sharon Waxman & Jethro Nededog
Booted 'Smash' Creator Speaks Out: See, It Wasn't My Fault
18 hours ago
For the ousted creator of NBC's "Smash," the responsibility for the show's demise doesn't lie at her feet. In a spirited email exchange with BuzzFeed's chief Los Angeles correspondent, Theresa Rebeck feels that the show's rapidly dwindling ratings and exile to live out the rest of its days on Saturday nights proves that she wasn't the one who ruined the show. "If in fact Theresa Rebeck was the problem with 'Smash' and the train wreck it became, wouldn't things have gotten better – rather than drastically worse – once she left?" Rebeck wrote »
- Jethro Nededog
NBC's 'Hannibal' Pulled by Salt Lake City TV Station
20 hours ago
Ksl TV has had its fill of NBC's new serial-killer drama "Hannibal." The Salt Lake City-based station has yanked the ratings-challenged freshman series from its programming slate due to the program's graphic content. Ksl spokesperson Tami Ostmark told TheWrap that the station had decided to pull the series after reviewing the past few episodes, and receiving numerous complaints. Also read: Mormon Church-Owned Station Won't Show 'New Normal' Ostmark said that the complaints numbered in the hundreds. The station said in a Facebook post Monday that "Hannibal" will be replaced in its timeslot by a special »
- Tim Kenneally
Les Moonves on Barry Diller's Aereo: 'It's Nothing We Lose Sleep Over'
20 hours ago
CBS might be suing Aereo, which transmits broadcast television content to users' computers, but according to CBS Corporation president and CEO Les Moonves, Aereo isn't worthy of his concern. Speaking at the Milken Institute global conference on Tuesday, Moonves took a dig at the service, which is currently embroiled in a legal showdown with the networks. CBS, Fox, ABC and NBC, among other entities, have contended in legal papers that Aereo violates copyright of their content. Also read: Aereo Lawsuit: Networks Seek Re-Hearing After Appeals Court Setback Barry Diller, whose Iac/InterActive Corp backs »
- Sharon Waxman & Tim Kenneally
Sergei Bodrov to Direct Black List Script 'Blood Mountain' (Exclusive)
21 hours ago
Russian filmmaker Sergei Bodrov, whose big-budget fantasy film "The Seventh Son" hits theaters in October, is attached to direct the 2011 Black List script "Blood Mountain" for Derby Street Films and Lawrence Bender Productions, TheWrap has learned. Written on spec by Jonathan W. Stokes, "Blood Mountain" is described as an Afghan-based thriller that follows a young army ranger whose team is ambushed and killed in Pakistan, forcing him to personally escort the world's most wanted terrorist over dangerous terrain in order to bring him to justice. While being hunted by both »
- Jeff Sneider
DreamWorks Animation Makes Money Without New Movies
23 hours ago
DreamWorks Animation made money in the first fiscal quarter of 2013 without help rom the release of a new movie. The company posted net income of $5.6 million and earnings per share of $0.07, surprising Wall Street analysts that forecast a loss. The company pieced together $134.6 million in revenue from home entertainment, live theatrical performances, its library and Classic Media, a company it acquired last July. Its library contributed $41.4 million in revenue while past releases like "Madagascar 3: Europe's Most Wanted" and "Rise of the Guardians" helped on the »
- Lucas Shaw
'Pretty Little Liars' Star Tyler Blackburn Joins Spinoff 'Ravenswood'
23 hours ago
Tyler Blackburn, who plays Caleb Rivers on ABC Family's "Pretty Little Liars," has signed on for the show's spinoff "Ravenswood," the network said Tuesday. "Ravenswood" will be centered in a town of the same name, not far from the "Pretty Little Liars" setting of Rosewood, Penn. Ravenswood, which has suffered under a deadly curse for generations, is visited by five strangers who find themselves connected to the curse and dig into the town's mysterious, terrible history in order to save themselves. Also read: 'Pretty Little Liars' Earns Most-Tweeted Show on Television Bragging »
- Tim Kenneally
'Iron Man 3' Invades China With Extra Footage, Great Expectations and Fan BingBing
23 hours ago
Disney debuts a specially tailored version of "Iron Man 3" in China on Wednesday, as the superhero sequel builds on foreign grosses that have skyrocketed past $200 million in less than a week. China, the world's No. 2 movie market, is the centerpiece of Disney's foreign campaign and will have a lot to do with whether "Iron Man 3" will reach $1 billion in worldwide grosses. It debuts in Germany as well Wednesday, and on Friday in the United.States. The Marvel superhero sequel looks to be in good shape for its China »
- Todd Cunningham
Obama Expected to Name Tom Wheeler as FCC Chairman
30 April 2013 2:12 PM, PDT
President Obama is expected to formally announce today that he will replace departing Federal Communications Commission Chairman Julius Genachowski with Tom Wheeler and the reaction is already starting to flow in. Some consumer groups are already expressing concerns about whether Wheeler, a former president of what was then the National Cable and Television Assn. and later a former CEO of the Cellular Telecommunications and Internet Assn., will have the consumer focus that Genachowski had. On Tuesday, they were especially worried the Wheeler might have less of a commitment to Net Neutrality and »
- Ira Teinowitz
Brad Pitt's 'World War Z' $200 Million Production Nightmare Exposed
30 April 2013 2:09 PM, PDT
Damon Lindelof and Paramount have spilled the rotten tomatoes on Brad Pitt's "World War Z." Incomplete script, an incoherent ending, massive re-shoots, millions of dollars in budget overages, and even a Hungarian Swat team raid are apparently just a few of the issues plaguing Pitt's troubled production, according to Vanity Fair's June cover story. According to "Lost" writer Lindelof, who rewrote the film's third act and spoke with Vf contributor Laura M. Holson, the Swat team was the least of the producing team's worries. After screening a first cut of Marc Forster's »
- Greg Gilman
Ratings: 'Game of Thrones,' 'Veep' Hit Highs; 'Vikings' Finale Does Ok
30 April 2013 1:36 PM, PDT
"Game of Thrones" brutally slaughtered and decapitated its previous ratings record with Sunday night's episode, while History's "Vikings" sent its first season to Valhalla with decent numbers that fell short of its March premiere, preliminary numbers indicate. "Game of Thrones," airing Sunday at 9 p.m., amassed a record 5.3 million total viewers. That's a series high for HBO's dragons-and-swords epic, and the third week in a row it has hit a new record. Last week's episode drew 4.9 million total viewers with its initial airing. With repeated plays factored in, "Game of »
- Tim Kenneally
TLC's 'Little Couple' Premiere: It's a Boy! (Exclusive Video)
30 April 2013 1:04 PM, PDT
Fans of TLC's "Little Couple" have watched Bill Klein and Jen Arnold struggle with starting their family. But, they take a huge step when the series returns to TLC on Monday at 10/9c. The couple has struggled through their own unique health challenges and surrogacy. But this season, things are starting to come together. Bill and Jen are adopting and fans will get to meet the little tike right along with his new parents. Also read: TLC Orders 'Best Funeral Ever' to Series, 7 More New Unscripted Series (Exclusive) Bill and Jen are »
- Jethro Nededog
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