Showing posts with label Entertainment Business. Show all posts
Showing posts with label Entertainment Business. Show all posts

Wednesday, December 5, 2012

Disney and Neflix are Exclusive!

Disney DVD
The agreement won't begin until 2016 when Disney's current arrangement with Starz expires; however, the deal gives Netflix streaming rights to movies from Disney's live action and animation studios, including those from Pixar, Marvel, and the recently acquired Lucasfilms. That's quite a catch!

The movies from Steven Spielberg's Dreamworks are not included in this deal, as they have an existing deal with Showtime.  

Under the terms, Netflix can stream Disney movies between 7 and 9 months after they appear at the theater, as Starz did with Disney's prior agreement. The deal does not cover DVD rentals of Disney movies.

The agreement is similar to deals Netflix has with smaller studios, including Relativity Media, The Weinstein company and DreamWorks Animation.

Netflix shares were up 12.9 percent to $85.83 this afternoon in trading following the announcement.

Source: Reuters


Thursday, September 13, 2012

Digital Domain the "Tupac Hologram" maker files for bankruptcy

Digital Domain made headlines last year when they created a hologram for Tupac Shakur that "entertained" at a music festival.  However, Digital Tupac couldn't save the company and they filed bankruptcy.

They were primarily hired to do contract animation for for other companies, so their income had typically been a source of strain and doubt for investors.

The company had plans to make it's own movies based on it's digital effects and animations. They partnered with Lionsgate to produce a film based on the popular sci-fi, fantasy novels "Ender's Game".  That movie scheduled to release in November 2013 and is in post-production.  A spokesman for Lionsgate says, "We are confident the movie will release as planned."

Would you like to see a hologram of a deceased entertainer perform?  I am on the fence about it.   

Source: CNN

Thursday, September 6, 2012

Who is the higest earning hip-hop star? Dr. Dre


It's looks like Dre's beats can't be denied, but we knew that.   He hasn't released an album in over ten years, but Dr. Dre is 2012 highest earning hip-hop star and a wise businessman.  He beat out Jay-z who took the cash in 2011. 

The majority of Dre's $110 million (£69m) income is from his Beats by Dr Dre headphones line. 

Diddy lands at number two with earnings of $45m (£28m), thanks mostly to his stake in Diageo's Ciroc vodka.

Jay-Z, who topped the 2011 list, pulled in over half of his $38m (£24m) from business ventures, including ownership stakes in cosmetics company Carol's Daughter, the Brooklyn Nets and a joint project with battery maker Duracell.

"The reality of it is, you want to do something that you own," said Timbaland, who ranks at number 20 on the list with $6m (£4m). "You want to own what you put your heart into. That's how you make money."

Snoop Dogg (Lion?) is at 14 with earnings of $8.5m (£5.3m), followed by 50 Cent at 15 with $7.5m (£4.7m).

Nicki Minage was the only woman to make the top ten, at number eight. Eminem was ninth and Ludacris is number 10. 

For a full list and more detail, check out our source at Forbes.com
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