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Campbell Has A Soup Problem

Macroeconomic factors are hitting Campbell's bottom line. Can the company reinvent itself before it's too late?

Peter Lauria • 4 years ago

Sony Pictures' Business Secrets Revealed In Hack — Yep, "Seinfeld" Is Still A Cash Cow

The massive data leak includes intricate details on television syndication and movie licensing deals. From a commercial standpoint, it's a nightmare for Sony.

Peter Lauria • 4 years ago

Sony's Massive Hack Is Bad News, But Not At The Box Office

From a financial perspective, the box office hit caused by the leak of unreleased films is expected to be minimal. Annie has the most at risk.

Peter Lauria • 4 years ago

Chilly Box Office For "Penguins Of Madagascar" Means More Bad News For Dreamworks Animation

The studio's latest release generated only $36 million at the domestic box office over the four-day Thanksgiving weekend, well below analysts' expectations. The weak opening follows two failed attempts at a sale since September.

Peter Lauria • 4 years ago

Soup Sales Improve

Campbell Soup reported better-than-expected quarterly results Tuesday after soup sales rose for only the second time in the last 15 months, bucking pressure for premium and store brand soups. The company reported a 4% increase in revenue to $2.26 billion and a 36% gain in net income to $234 million, or 74 cents per share.

Peter Lauria • 4 years ago

"Game Of Thrones," Other HBO Shows Coming To China

Under a deal a struck with internet conglomerate Tencent Holdings, HBO shows such as True Detective, Newsroom and others will be available for streaming in China for the first time ever.

Peter Lauria • 4 years ago

Poll: Can Bud Win You Back?

After more than 20 years of declining sales, Anheuser-Busch thinks the way to revive the Budweiser brand is by marketing and advertising exclusively to 20-somethings with less Clydesdales and more Jay-Z. Will it work?

Peter Lauria • 4 years ago

Why Bringing TV Ratings To Netflix Doesn't Matter

Nielsen will use its in-home People Meter system to track viewing of streaming TV services like Netflix and Amazon Prime. But insiders say the planned service has many holes.

Peter Lauria • 4 years ago

HBO's "The Newsroom" Has A New Star: A Bloomberg Terminal

One of the final season's main plot lines involves a reporter using the terminal to chase down who is behind a hostile takeover attempt involving her network's parent company AWN. Deals are dramatic!

Peter Lauria • 4 years ago

President Obama's Net Neutrality Plan Crushes Cable Stocks

Shares of the largest pay-TV distributors, including pending merger partners Comcast and Time Warner Cable, spiraled downward Monday on news of the President's plan.

Peter Lauria • 4 years ago

TV Has An Advertising Problem — Here Comes The Blame Game

Third-quarter earnings from the largest television network owners show a tepid advertising environment. Blame Nielsen. Or Ebola. Or something.

Peter Lauria • 4 years ago

What Television Executives Think About The Future Of The Bundle

It isn't broke yet, but it is clearly breaking. Taken from comments made by network owners and pay-TV distributors during their third quarter earnings calls.

Peter Lauria • 4 years ago

Disney Takes A Jab At Katie Couric

The Mouse House said in its fourth quarter earnings release Thursday that canceling Couric's afternoon talk show helped increase operating income at its ABC division.

Peter Lauria • 4 years ago
Peter Lauria • 4 years ago

Cash-Rich Asian Companies Are Looking To Pour Money Into Hollywood

The trend began in 2012 with Wanda Group's purchase of theater chain AMC and has heated up in recent months as Softbank and Alibaba look to put their billions of dollars in IPO money to work.

Peter Lauria • 4 years ago

Who Said It: Gene Simmons From Kiss Or Tech Luminary Marc Andreessen?

Can you guess if this business advice is from the Kiss bassist's new book, Me, Inc., or from the prolific venture capitalist?

Peter Lauria • 4 years ago

America's Biggest Cable Company Was "Surprised" By HBO Streaming Announcement

Executives from Comcast concede that the way people watch TV is changing. But they say networks that go it alone may hurt their existing businesses.

Peter Lauria • 4 years ago

Just A Reminder That Comcast Also Owns A Huge Theme Park Business

Lost amid everything else Comcast owns, from the country's largest cable and broadband business to NBC, is the fact it also operates Universal-branded theme parks. And they now rank as one of the company's fastest-growing assets.

Peter Lauria • 4 years ago

The Television Industry's Red Wedding Is Here

Change is coming to the pay-TV business. It's going to be a bloodbath — and not everyone will survive.

Peter Lauria • 4 years ago

Netflix Loses About $7 Billion In Value After Missing Subscriber Targets

Netflix stock plummeted by about $115 per share after reporting third-quarter results that missed expectations. It also followed an announcement earlier in the day that HBO Go will be available to people without a pay-TV subscription starting next year.

Peter Lauria • 4 years ago