Filed under: MISC | Tags: Audit Bureau of Circulations, Condé Nast Publications, Conde Nast, Domino, Magazine, News Corporation, Newspaper, Wall Street Journal
The decline in U.S. newspaper weekday circulation almost doubled in the six-month period through March as more readers got their news from the Internet, says the Audit Bureau of Circulations. Of the top 10 newspapers, only News Corp.’s Wall Street Journal increased circulation. (Iwantmedia 4/27, http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aJf0ZOXN22jY 4/27)
Conde Nast is shuttering the business magazine Portfolio and its Web site, Portfolio.com. The title launched in May 2007. The economic slump has “lowered Portfolio’s revenue projections,” the publisher says. Two months ago Conde Nast closed lifestyle magazine Domino. (Iwantmedia 4/27, http://news.yahoo.com/s/ap/20090427/ap_on_bi_ge/us_portfolio_magazine_closure 4/27)
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Filed under: MISC | Tags: Company, New York, New York Times Company, Newspaper, Revenue, Society and Culture, United States, us
Shares of New York Times Co. fell the most in almost 22 years in U.S. trading after reporting a $74.5 million net loss in first-quarter revenue. CEO Janet Robinson says the company is considering new methods for building revenue online, including charging for some content. (Iwantmedia 4/22, http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a8GecHdugVcM 4/21)
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Filed under: MISC | Tags: 20th Century Fox, Ferrari, Film, Hugh Jackman, Movies, Wolverine, X-Men, X-Men Origins: Wolverine
Hugh Jackman, the star of “X-Men Origins: Wolverine,” says he is “heartbroken” that the 20th Century Fox film has been leaked on the Internet almost a month before its premiere. “Obviously people are seeing an unfinished film. It’s like a Ferrari without a paint job.” (Iwantmedia 4/8, http://www.reuters.com/article/lifestyleMolt/idUSTRE5370SP20090408 4/8)
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Filed under: MISC | Tags: Blockbuster, DVD, Land of the Lost, Lost, Movies, Netflix, State of Play, Will Ferrell
Movie rental company Blockbuster says the risk that it may not complete financing deals raises “substantial doubt” about its ability to continue as a going concern. The Dallas-based Blockbuster is struggling amid the rising popularity of DVD-by-mail services like Netflix. (Iwantmedia 4/07, http://finance.yahoo.com/news/Blockbuster-may-not-be-able-apf-14864522.html 4/6)
Turner-owned TruTV has signed on as a promotional partner for a pair of upcoming theatricals from Universal Pictures: the Russell Crowe-driven “State of Play” and “Land of the Lost,” which stars Will Ferrell. The deal involves TruTV running 90-second sneak peaks of “State of Play” this Sunday as well as two weeks of custom promos for “Land of the Lost,” beginning in May. Variety (4/6)
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Filed under: MISC
Hollywood is seeking tougher U.S. anti-piracy enforcement following the illegal posting of News Corp.’s summer film “X-Men Origins: Wolverine” on the Internet last week. (Iwantmedia 4/6, http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a1shzHtBZ8c0 4/6)
Filed under: MISC | Tags: Apple iPod, Arts, Broadcasting, Directories, iPod, Radio, Radio broadcasting, us
Music labels and radio broadcasters are going toe-to-toe as they lobby U.S. lawmakers about legislation to make stations pay royalties for playing songs. Music labels and radio stations are both struggling as listeners turn to the Internet and devices such as the Apple iPod. (Iwantmedia 4/3, http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a2x8iu4o5K7Y 4/3)
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Filed under: MISC | Tags: DreamWorks Animation, Kung Fu, Kung Fu Panda, Madagascar: Escape 2 Africa, Monsters vs. Aliens, Paramount Pictures, Shrek, Sports
Following a blockbuster opening weekend for DreamWorks Animation‘s Monsters vs. Aliens, FX made a deal with distributor Paramount Pictures for all DreamWorks Animation releases through 2012. The license deal includes Monsters vs. Aliens, Kung Fu Panda and its sequel, Madagascar: Escape 2 Africa and Shrek Goes Fourth. Terms of the agreement were not available. (Cynopsis 4/1)
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