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The Morning Fix: 'Inglourious' is glorious; WWE's new moves; Warner Bros. TV is hot; FTC wants to help (uh-oh)

August 24, 2009 |  6:19 am
After the coffee. Before reevaluating your fantasy football team draft.

"Inglourious" is glorious. The Weinstein Co.'s "Inglourious Basterds" took in $37 million in its opening weekend, which is about $10 million more than expected. The movie will help the Weinstein brothers breathe a little easier, but remember Universal also owns half the picture. Analysis on the box office, on Weinstein Co. and even the role Twitter may have played in driving good word of mouth from the Los Angeles Times, the Wall Street Journal, the Wrap, Variety and the Hollywood Reporter.

Warner Bros. still believes in TV. With 45 television shows in production on broadcast, cable and syndication, Warner Bros. is far and away the leader in making programs. But with that comes more risk and a reputation for spending heavily on pilots but then cutting costs when programs become a series, reports the New York Times.

CTlogosmall Vince McMahon's plans to pin cable. The WWE is looking to launch its own cable network, reports the Los Angeles Times. The move follows  WWE Chairman Vince McMahon's push to tone down the raunchy content to attract more families and bigger advertisers. So far, it's paying off in bigger ratings although some hardcore fans miss the old days.

Discovering Discovery. Discovery Communications, parent of cable networks Discovery Channel, red-hot TLC and soon half of Oprah Winfrey's new network, is one of the few media bright spots on Wall Street, says Crain Communications (subscription required).

Saving the TV station biz. With many big TV station groups struggling and local advertising down, now may not seem to be the ideal time for expansion. But many operators are doing just that. Recognizing the need to take control of their own future, local stations are starting to get more aggressive in launching their own shows to develop new revenue streams. Details from Broadcasting & Cable.

Government wants in on journalism. The Federal Trade Commission is going to hold two days of discussions in December on the future of the news business, according to the New York Times. This is a little out of the ordinary for a government agency, but FTC Chairman Jon Leibowitz told the paper that  journalism's future falls under the agency's purview.

Inside the Los Angeles Times: Technicolor has invested $200 million and is moving to Hollywood in an effort to keep pace with the digital revolution. Disney wants its own Comic-Con. Rachel Zoe's dueling assistants make peace on her Bravo show. Phew, we were really worried.

-- Joe Flint 

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