Tuesday, August 9, 2011
Wild market swings draw viewers
CNBCs Brian Sullivan has good news to share with viewers Monday as the stock market rallied. Viewership of the cabler jumped markedly.
Bad news to Wall Street has been good news for TV's financial news outlets.CNBC, Fox Business Network and Bloomberg TV have been racking up record auds in the past week as market gyrations keep investors large and small glued to the live updates on market conditions. And the heightened interest in financial news has amped up the competition among the cablers to grab audience share at a time when they're generating sampling from casual viewers.Monday's 634-point plunge of the Dow Jones Industrial Average equated to CNBC's largest audience in more than two years. The 433,000 viewers who tuned in between 5 a.m. and 7 p.m. was significantly higher than the 294,000 overall viewers who watched Friday when the market sank 513 points.Fox Business Network, which just recently became rated by Nielsen, drew 136,000 total viewers Monday, far above its usual average as well. In the 25-54 demo, CNBC drew 125,000 viewers compared to 27,000 for FBN, which is at the disadvantage of being in just more than half as many homes as CNBC.For the week of Aug. 1-7, CNBC averaged 93,000 viewers in adults 25-54; FBN averaged 16,000 viewers in the demo.Both outlets were quick to point out that the Nielsen stats don't reflect that entire scope of the aud from group viewing in venues such as trading room floors, hotels and restaurants, where people may congregate to watch a single telecast.The digital component is booming too. Websites reporting financial news were as busy as a typical March Madness day. Bloomberg had 2.6 million unique page views Monday while CNBC.com had 2.3 million unique visitors, both were up more than 100% compared to a typical day.The influx of viewers seeking financial news brings opportunity and also a responsibility for anchors and reporters, veteran financial reporters say. Carl Quintanilla, a contributor to CNBC's morning program "Squawk on the Street," said he and his colleagues are cognizant that viewership will increase when financial news is the day's top headline. Even if those viewers don't know the difference between a mutual fund and a hedge fund. "We are conscious of people who ordinarily wouldn't be watching us and the terms we toss around every day," he said. "We have to be sensitive to the sampling and be more broad in the concepts of the business and markets."In a volatile market, reporters also have to be careful in reporting breaking news and their depiction of events lest they wind up moving markets themselves. When CNBC's Jim Cramer said on-air in 2008 on "Today" that investors should take money they need out of the market, the Dow lost several hundred points that day."I've never worked with anyone who can set the right context and understands the power his words carry than Jim," Quintanilla said.Kevin Magee, exec veep of Fox Business Network, said big market events are an important way to draw viewers to FBN. The net will offer explain market terminology in the lower portion of the screen to help viewers understand business jargon, and not talk down to them."If we put on the right information, people will watch on days like today and we'll bring in more viewers," he said. "If they come, they'll stick around." Contact Stuart Levine at stuart.levine@variety.com
'The Killing' star cops to 'Gangster Squad'
EnosEXCLUSIVE: "The Killing" star Mireille Enos is in negotiations to join Ruben Fleischer's period crime pic "The Gangster Squad."Enos will play Connie O'Mara, the pregnant wife of Josh Brolin's character in the Warner Bros./Village Roadshow film. Not only does Connie keep her husband in line, but she also helps him pick the candidates for the titular squad.Amy Adams and Kate Winslet were previously considered for the role, which calls for roughly a week of shooting.In addition to Brolin, "Gangster Squad" stars Ryan Gosling, Sean Penn, Emma Stone, Anthony Mackie, Giovanni Ribisi, Michael Pena, Robert Patrick, Frank Grillo and Holt McCallany.Kevin McCormick and Dan Lin are producing the Will Beall-scripted pic through their respective banners Langley Park and Lin Pictures, whose Jon Silk is co-producing.Enos is up for an Emmy for her turn as Det. Sarah Linden on AMC's crime series "The Killing." She previously appeared on HBO's "Big Love" and is currently filming Marc Forster's "World War Z," in which she plays Brad Pitt's wife.Enos is repped by Innovative Artists and Authentic Talent and Literary Management. Contact Dave McNary at dave.mcnary@variety.com
Friday, August 5, 2011
MRC joins 'As She Climbed' team
Media Privileges Capital has became a member of Film Rites' Steve Zaillian and Garrett Basch to create Jonathan Lethem's 1997 novel "As She Rose Over The Table," that has David Cronenberg mounted on direct and Bruce Wagner adapting.A repetition for MRC confirmed the confirmed the company's seriously board "As She Rose Over the Table" but had no comment if the project will participate MRC's five-year output cope with Universal. MRC's funded "The Adjustment Bureau," "Elysium" and "half an hour Or Less."Cronenberg's in publish-production on "Cosmopolis" with Colin Farrell and Marion Cotillard. He also helmed "A Harmful Method" starring Viggo Mortensen, Michael Fassbender and Keira Knightley.Film Rituals is within publish on "The Lady using the Dragon Tattoo" and "The Cold Light of Day" and Zaillian's a author on "Moneyball." Wagner was the executive producer and co-author of Tracey Ullman's "Condition from the Union" series on Showtime and modified his novel "Still Holding" for Epix.Lethem's other books include "Gun with Periodic Music," "Chronic City" and "Motherless Brooklyn."Cronenberg is repped by WME and Sentient Entertainment. Lethem and Zaillian are repped by WME. Contact Dork McNary at dork.mcnary@variety.com
'Mr Bean' Star Rowan Atkinson Wrecks Billion Dollar McLaren F1 Supercar, Walks Away
LONDON - Mr Bean and Blackadder star Rowan Atkinson continues to be come to hospital after spectacularly crashes his 230 miles-per-hour MacLaren F1 supercar and leaving.our editor recommendsMr. Bean's Holiday The actor, that has had the vehicle since 2007 when he purchased for more than millions of dollars, was lucky to flee the burning and mangled vehicle together with his existence, and was come to an area hospital in Cambridge struggling with superficial injuries. He's likely to be released later Friday. Not one other automobiles were active in the crash, which happened following the vehicle is believed to possess spun unmanageable on the wet road Thursday evening, spun around several occasions striking along side it from the road, lowering a tree. The vehicle, among the quickest cars to become licensed for general road driving, is really a special edition vehicle that can now cost around four million dollars. "I was known as to some single vehicle traffic collision at 7.30pm about the A605 at Haddon," a spokesperson for East of England Ambulance Service stated, talking about an incident Thursday evening. A guy was come to hospital in Peterborough with "a small shoulder injuries," the spokesperson added. Reps for Atkinson stated the actor had no comment to create. Related Subjects Rowan Atkinson Worldwide
Thursday, August 4, 2011
DreamWorks Vs. Paramount: Inside the Standoff
Can the rocky marriage between Paramount Pictures and DreamWorks Animation be saved? Some top industry observers think so, though not because of love. Rather, they think the partnership between mutual antagonists Brad Grey at Paramount and DWA's Jeffrey Katzenberg is too mutually beneficial to scrap: Paramount has done an effective job distributing all DWA films since 2006, and DWA movies like Kung Fu Panda 2 pull in big grosses (even when pundits declare that they underperform). Most important, these handicappers say, DWA seems to lack obvious alternatives. STORY: DreamWorks Animation Rejects Paramount Offer to Extend Distribution Deal By One Year (Exclusive) The edgy relationship between DWA and Paramount took a big hit recently when Paramount declared a plan to form its own animation division. Grey blindsided Katzenberg with the announcement July 6, the first day of the annual Allen & Co. retreat in Sun Valley, Idaho, where both were in attendance. Paramount insists it is serious about having a homegrown animated film in theaters by 2014, but some outside observers think the studio would be foolish to bank on that. The fight could be cast as a simple negotiation over the distribution fee DWA pays Paramount. Katzenberg is said to want a reduction from 8 percent to 7 percent when the current six-year deal expires in 2012, and Paramount wants a bump up. THR first reported Aug. 1 that the DWA board recently rejected a one-year extension of the existing arrangement, further prolonging the stalemate. Clearly, Katzenberg will try to strike a deal elsewhere. But a Paramount source predicts that DWA will come up empty. This source says Paramount makes an average of $40 million to $50 million a year from the deal -- not insignificant but not enough to kowtow to Katzenberg's demands. STORY: DreamWorks Animation CEO Jeffrey Katzenberg Reacts to Paramount Ani Studio Plan Fox, Sony, Universal and Disney have in-house or affiliated animation studios, making them less likely to pick up two or three DWA releases a year. Warner Bros., which has only dabbled in animation, has been cited as a possible suitor, but studio insiders have downplayed the possibility, leaving independent distributors or Katzenberg opting to self-release. DWA declined comment, but an insider says the company has not made presentations to other studios and no one at DWA is "quaking in their boots," adding, "Maybe we're arrogant, but it's not as if [DWA] is some loser company." During its deal with Paramount, Katzenberg has delivered the Kung Fu Panda and How to Train Your Dragon franchises. Shrek the Third ($799 million worldwide) and Shrek Forever After ($752 million worldwide) are among the highest-grossing titles Paramount has released. Still, investors have hammered DWA stock lately; analysts cite the Shrek franchise's diminishing value and fatigue among U.S. audiences for 3D, which has boosted DWA grosses. ANALYSIS: Inside the Paramount, DreamWorks Animation Standoff "Given the situation in the industry and the recent performance of DreamWorks Animation films, it may prove hard to get 8 percent again," says Susquehanna Financial group analyst Vasily Karasyov. Paramount animated movies probably will not be of the same quality as DWA's, but the studio is banking on doing cheaper pictures that won't need to pull in as much at the box office and beyond. The Paramount source says the cost of doing animation is going down and claims that Rango could be made today for $100 million. That film, released to positive reviews in March, supposedly cost $135 million, though some estimates run substantially higher. It grossed about $240 million worldwide, but outsiders say it lost a substantial amount when marketing and other costs are included. Even with the bar set comparatively low, some industry veterans are dismissive. "Brad Grey is in for a rude awakening," says one producer. "It's not so easy. They're saying they'll have animated pictures by 2014. No way." These observers see the studio's announcement as nothing more than an attempt to allay Wall Street concerns if the DWA deal ends. STORY: DreamWorks Animation Stock Hits 52-Week Low as Paramount Animation is Launched Given that the DWA-Paramount relationship outwardly makes so much sense, the acrimony clearly goes beyond the usual posturing over a deal. It dates to the contentious rupture between the live-action DreamWorks unit and Paramount in 2008. Even though DWA already had been spun off from DreamWorks into a publicly held company, Katzenberg was and continues to be allied with his fellow DreamWorks founders Steven Spielberg and David Geffen, who own stakes in DWA. "What people don't realize is how personal this rift is," says a source with knowledge of the relationship. But if Katzenberg can't find a buyer or another distributor, former associates say he might have to stay put, even on less-favorable terms. "Jeffrey's a pragmatist," says one former colleague. "He's not afraid to eat humble pie. He is the most resilient human being I've ever met." Which is just as well, considering how frosty the relationship has become. "Jeffrey wasn't even invited to Brad's wedding," marvels the DWA insider, referring to Grey's nuptials in April. "I mean, everybody in town was there." Related Topics DreamWorks Animation Paramount Pictures
Wednesday, August 3, 2011
Resurrection
Ellen Burstyn experiences the afterlife for a brief time after a car accident that kills her husband. As she begins her long process of physical healing, she discovers that she has the ability to heal physical infirmities. While most people simply accept her gift, her lover (Sam Shepard) becomes mentally unbalanced and dangerous because she does not place the healings within a religious context.
Tuesday, August 2, 2011
Triangular Recalling the fireplace
On March 25, 1911, a catastrophic fire started in the Triangular Waist Company in New You are able to City. Trapped within the upper flooring of the ten-story building, 146 employees - mostly youthful immigrant ladies and teenage women - were burned alive or instructed to jump for their deaths to flee an inferno that consumed the factory in only 18 minutes. It had been the worst disaster in a place of work in New You are able to Condition until 9/11. The tragedy transformed the path of history, paving the way in which for government to represent employees, not only business, the very first time, and assisted a growing American middle-class to reside the American Dream.
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