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Social Wit List: October 2014

November 7, 2014

NEW YORK: A survey of all the new programs that premiered around the world in the month of October reveals that VH1's Drumline: A New Beat generated the most buzz in social media, with 152,000 Facebook and Twitter comments, according …

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Walt Disney Company Sees Higher Quarterly Earnings

November 7, 2014

BURBANK: The Walt Disney Company reported profit for the fourth quarter of $1.5 billion, an 8 percent gain, on revenue of $12.4 billion, thanks to a succession of hit movies. Studio Entertainment revenues for the quarter increased 18 percent to …

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Netflix Adapting Lemony Snicket Books

November 6, 2014

LOS ANGELES: Netflix has acquired the rights to produce a show based on the best-selling A Series of Unfortunate Events books written by Lemony Snicket, the pen name of author Daniel Handler. Handler will serve as an executive producer on …

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21st Century Fox Revenue Up in Q1

November 5, 2014

NEW YORK: 21st Century Fox reported a 12 percent increase in quarterly revenue, driven by growth in its cable network and film studio businesses. Net income attributable to shareholders was down, dipping from Q1 2013's $1.26 billion to $1.09 billion …

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Time Warner Earnings Lifted by HBO

November 5, 2014

NEW YORK: Revenue was up 3 percent at Time Warner in the third quarter to $6.2 billion, led by subscription revenue growth from its Turner networks and HBO. Net income for Q3 was $967 million, down from the $1.2 billion …

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AFM Expecting Highest Level of Participation Since 2008

November 5, 2014

LOS ANGELES: The American Film Market (AFM) opens tomorrow for its 35th edition, which is set to host 396 exhibiting companies and more than 8,000 attendees. Running from November 5 to 12, the event is expecting attendees from more than …

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Vuguru’s Larry Tanz Heads to Netflix

November 5, 2014

LOS ANGELES: Netflix has hired Larry Tanz, the CEO of Vuguru, as VP of content acquisition for Europe. Tanz has been leading Vuguru, a digital studio founded by Michael Eisner, for five years. He first joined as president and was …

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TV Icon Norman Lear to Deliver NATPE Opening Keynote

November 4, 2014

LOS ANGELES: Norman Lear, whose prolific TV writing and producing career includes the iconic series All in the Family and hits such as Sanford and Son and The Jeffersons, is lined up as the opening keynote of NATPE. Lear, who …

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$4.5 Billion Expansions Planned for Japanese Disney Parks

October 31, 2014

URAYASU: The Tokyo Disneyland and Tokyo DisneySea theme parks in Japan are up for a $4.5 billion makeover, part of a ten-year upgrade plan from operator Oriental Land. Renovations for Tokyo Disneyland are set to include an expansion at Fantasyland, …

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Sony Posts Quarterly Loss

October 31, 2014

TOKYO: Sony Corporation reported a loss of 136 billion yen ($1.2 billion) last quarter, citing troubles with its mobile phone division. The weak performance was despite a 7 percent gain in quarterly sales to 1.9 trillion yen ($17.3 billion), with …