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Here's Why Redbox Digital Won't Save Outerwall
Monday, March 28, 2016 - 9:30am | 486Read More...Shares of Redbox-owner Outerwall Inc (NASDAQ: OUTR) gained last week after Variety reported that Redbox plans to launch a new video streaming service called Redbox Digital. However, Darren Aftahi of Roth Capital sees the strategy as "frankly too little, too late," given the commoditization of the...
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Time Warner Introduces New Rules For Board Nominations
Wednesday, February 3, 2016 - 11:50am | 234Read More...Time Warner Inc (NYSE: TWX) disclosed in a regulatory filing on Tuesday an amendment to its bylaws concerning its Board of Directors. According to Time Warner's 8-K document, only stockholders, or a group of up 20 stockholders, who have owned 3 percent or more of Time Warner's...
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'Star Wars' A Hit In China As Worldwide Box Office Take Rises To $1.73 Billion
Monday, January 11, 2016 - 10:20am | 155Read More...Shares of Walt Disney Co (NYSE: DIS) were trading higher by 0.78 percent early Monday morning following a report by Variety that "Star Wars: The Force Awakens" continues to perform well internationally, particularly in China. According to Variety, the Star Wars film saw a record-breaking $53...
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Yahoo's Video Ambitions 'All But Dead'
Tuesday, January 5, 2016 - 9:53am | 237Read More...A report from Variety said that Yahoo! Inc. (NASDAQ: YHOO) has decided to shut down its online video segment, Yahoo Screen. Variety noted that Screen livestreamed an NFL game in October, offered clips of "Saturday Night Live," and aired the TV series "Community." Yahoo...
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'Star Wars: The Force Awakens' Surpasses $1 Billion In Record Time
Monday, December 28, 2015 - 9:40am | 110Read More...Shares of Walt Disney Co (NYSE: DIS) were trading lower by 0.14 percent at $105.95 early Monday morning despite the company making cinematic history over the weekend. According to a Variety, Disney's "Star Wars: The Force Awakens" surged past the $1 billion mark in global sales at a faster pace...
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'Star Wars: The Force Awakens' US Gross Reaches $544.6M; Worldwide Gross at ~1.1B -Variety
Sunday, December 27, 2015 - 4:23pm | 31Read More...-Reaches $1 billion mark globally at fastest pace ever -$153.5 million is largest ever US gross for Christmas holiday; Best ever second weekend total http://variety.com/2015/film/box-office/star-wars-box-office-christmas-daddys-home-point-break-1201668001/
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Watch Out, Netflix: Apple's Coming For You
Tuesday, September 1, 2015 - 7:30am | 432Read More...According to a new report by Variety, tech giant Apple Inc. (NASDAQ: AAPL) may soon be taking on rivals Netflix, Inc. (NASDAQ: NFLX) Amazon.com, Inc. (NASDAQ: AMZN) and Google Inc (NASDAQ: GOOG)(NASDAQ: GOOGL) in the original video content realm. Apple has reportedly held discussions in...
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Pixar's John Lasseter: iPhone, GoPro The Next Innovations In Film
Wednesday, May 13, 2015 - 11:49am | 319Read More...John Lasseter, chief creative officer of the Animation Studios at Walt Disney Co (NYSE: DIS) and Pixar Animation Studios Inc., discussed future innovations in film on Tuesday. Speaking to an audience at the Academy of Motion Picture Arts and Sciences, Lasseter predicted that the day will come...
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Alibaba's Film Subsidiary Is Losing A Lot Of Money
Wednesday, April 1, 2015 - 12:30pm | 229Read More...In an article published Tuesday, Variety's Asian Bureau Chief Patrick Frater reported that Alibaba Group Holding Ltd (NYSE: BABA) has seen its film studio record losses of $53.5 million in 2014, compared with a profit of $24 million prior to its takeover by Alibaba. Alibaba bought a majority stake...
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WWE, NBC Tag-Team To Amp Up Advertising
Tuesday, March 24, 2015 - 7:25am | 354Read More...Home to famous "superstars" like Brock Lesnar, The Undertaker and John Cena, World Wrestling Entertainment, Inc. (NYSE: WWE) has strengthened its partnership with NBCUniversal, a subsidiarity of Comcast Corporation (NASDAQ: CMCSA) for advertising and marketing purposes, Variety reported. WWE has...
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Yahoo! Cable Acquisition Rumors Denied
Friday, January 2, 2015 - 2:05pm | 202Read More...Following rumors that Yahoo! Inc (NASDAQ: YHOO) was interested in acquiring Scripps Networks Interactive, Inc. (NYSE: SNI), Variety reported Friday that no discussions had taken place between the companies. According to Todd Spangler of Variety, “while Yahoo mulled buying Food or...
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Is Sony's Hack Attack A PR Win For North Korea?
Monday, December 15, 2014 - 2:08pm | 310Read More...Now that the dust is settling on the hack attack at Sony Corp (ADR) (NYSE: SNE), different views are emerging. These range from whether it's a PR win for North Korea to whether it would be morally correct for Sony to fire someone as a result of the attack. Eric Dezenhall, Dezenhall...
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Scotland Builds Worlds Largest Tidal Array; Will Power 175K Homes
Monday, August 25, 2014 - 2:14pm | 633Read More...Scotland is currently working on building the world's biggest tidal array to supply power to 175,000 homes. The array is expected to produce 100 jobs and the first phase will see four 1.5-megawatt turbines installed and producing power to the grid by 2016. When all is said and...
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Microsoft's First Xbox TV Series Slated For 1H 2014
Monday, December 16, 2013 - 4:11pm | 1028Read More...Microsoft (NASDAQ: MSFT) plans to launch its first Xbox TV shows during the first half of 2014. According to Variety, Entertainment and Digital Media President Nancy Tellem said that she hopes the company can "put something up" in the first or second quarter. Speaking at Variety's Dealmakers...
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Katie Couric's Jump to the Internet: A Game-Changer for Content Producers?
Monday, November 25, 2013 - 2:20pm | 593Read More...Word of Katie Couric's jump from television to online has the entertainment and digital industries abuzz with speculation. Does her hiring as a "Global Anchor" on Yahoo (NASDAQ: YHOO) signal the latest seismic shift in how consumers are getting their video content, or is it just a way for the...
