News Corp. and Time Warner ran the most profitable filmed entertainment businesses out of all media congloms in 2009 as hit movies and cost cuts boosted their bottom lines.
Meanwhile, Viacom saw the biggest percentage improvement in the bottom line of its film division last year as the long-struggling Paramount boosted its margins, a THR analysis of financials reported by sector giants shows.
On the downside, Disney and Sony posted profit declines for their creative output operations last year amid fewer boxoffice hits. NBC Universal also struggled.
Showing how close an eye the studios' corporate bosses keep on their performance, last year's financial disappointments led to executive shakeups, strategic shifts and belt-tightening of varying degrees at these companies.
The film biz tends to be so volatile that more than one year of results is needed to draw broader conclusions about studio performance. But the data for 2009 provide the most recent financial...
Meanwhile, Viacom saw the biggest percentage improvement in the bottom line of its film division last year as the long-struggling Paramount boosted its margins, a THR analysis of financials reported by sector giants shows.
On the downside, Disney and Sony posted profit declines for their creative output operations last year amid fewer boxoffice hits. NBC Universal also struggled.
Showing how close an eye the studios' corporate bosses keep on their performance, last year's financial disappointments led to executive shakeups, strategic shifts and belt-tightening of varying degrees at these companies.
The film biz tends to be so volatile that more than one year of results is needed to draw broader conclusions about studio performance. But the data for 2009 provide the most recent financial...
- 2/26/2010
- by By Georg Szalai and Paul Bond
- The Hollywood Reporter - Movie News
ABC released four new press releases today for various shows coming later this month. These really include nothing new, but give a sneak peek at the stars and guest stars of the new and returning shows, which include FlashForward, Castle, The Forgotten, and Modern Family. Fox also sent out a press release for season six of their show House, which is shaping up to be one of the most hyped shows of the new season, new or returning. Read the press releases (arranged in alphabetical order by show) below.
Castle (ABC)
Nathan Fillion And Stana Katic Return For Season Two Of "Castle," Premiering Monday, September 21 On ABC
Authors Stephen J. Cannell and Michael Connelly Guest Star
"Deep in Death" — When the new season begins, Castle (Nathan Fillion) is wrestling with how to repair his relationship with Beckett (Stana Katic), while struggling to finish his soon-to-be-published bestseller, Heat Wave. But circumstances...
Castle (ABC)
Nathan Fillion And Stana Katic Return For Season Two Of "Castle," Premiering Monday, September 21 On ABC
Authors Stephen J. Cannell and Michael Connelly Guest Star
"Deep in Death" — When the new season begins, Castle (Nathan Fillion) is wrestling with how to repair his relationship with Beckett (Stana Katic), while struggling to finish his soon-to-be-published bestseller, Heat Wave. But circumstances...
- 9/4/2009
- by Sam McPherson
- TVovermind.com
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