business

Record Sales Plunge as Top Artists– Justin Timberlake, U2, even Taylor Swift– Sell Fractions of Previous Numbers

Record sales are being touted these days as on a comeback. All you hear is: streaming will save us. But things are pretty dire. For...

TV Ratings: Indie Spirit Awards Garner Just 95,000 Viewers, Fail to Make Saturday’s Top 150 Cable Shows

We got all excited about the Oscars having their worst ratings ever. But really-- it was 25 million people. That's a lot any way...

Fox News to Spin Off Secret FoxNation Website into Ultra Right Streaming News Service

Going back at least 10 years or more, Foxnews.com has always had a secret sister website not edited by the main website's editors. It's...

Sale of Weinstein Company Now Impeded by AG’s Lawsuit, Proposed $500 Mil Deal Up in Smoke

The proposed $500 million sale of the Weinstein Company looks like it's gone up in smoke. NY Attorney General Schneiderman filed suit against TWC...

Disney Buys Fox Movies & TV, Gets Potential Oscar Winners, Nominees and Films For Adults At Last

Disney is buying 20th Century Fox today for $52 billion. They get the movie and TV studio but not Fox News or Sports, or...

Sean “Diddy” Combs Was the Only African American on Stage at Forbes Magazine’s 100th Anniversary

I was going to write this yesterday. But then I noticed tonight that Sean "Puff Daddy/P Diddy" Combs pointed it out himself. This week...

Report: Movie Box Office On Track for Lowest in 25 Years as Spielberg-Lucas “Blockbuster Implosion” Omen Prevails

Reports now, according to Exhibitor Relations: if things continue as they have, this will be the lowest box office in a quarter century. While...

Leonardo DiCaprio’s St. Tropez Bash Made $15 Mil Less Than Last Year, Even with Madonna, Sean Penn, and Lenny Kravitz as Attractions

This past week, Leonardo DiCaprio's St. Tropez bash for his personal foundation raised $30 million according to the group's announcement. That's $15 million less...

Legendary Friars Club — Raided Last February by Postal Inspectors — Waiting for Word from US Attorney’s Office

It was last October when I first reported there was trouble at the Friars Club. A former employee had filed a sex...

Paul McCartney: Now We Know Why Sony Music Publishing Settled So Fast– They’ve Lost Bruce Springsteen (in the UK)

UPDATED To say the least, last week's announcement that Sony-ATV Music Publishing and Paul McCartney had settled over Paul's portion of the rights to...