Thursday, May 9, 2013

John McCain's Legislation Surprise, Sony's Earnings Rebound, Activision Eyes Shaky 2013

John McCain's Legislation Surprise, Sony's Earnings Rebound, Activision Eyes Shaky 2013

John McCain’s Office Confirms A La Carte Legislation Draft

Buzz is swirling that the senator plans to introduce a la carte options that cable distributors would have to offer, as well as giving the FCC power to remove licenses from broadcasters that go to a cable model in opposition of Aereo service. (LAT)

Sony Ends Fiscal Year With Net Profit of $458M

The film division propelled the company to its first profit since 2008 and is a stark improvement from last year’s loss of $4.6B. (DH)

Activision Lays Shaky 2013 On The Table To Investors

Competition from Disney’s upcoming Disney Infinity and the spike in free-to-play games are two factors as the game maker confirms a 14% drop – 1.3M people - in World of Warcraft subscribers. (BBC)

AMC Networks Q1 Surpasses Revenue Expectations

Revenues of close to $382M easily beat the $366M consensus. (DH)

International Box Office Rises In Key Territories Beyond Europe

THR’s breakdown of hot box office territories in Southeast Asia, the Middle East and South America. (THR)

Writer-Director Bryan Forbes Dies At 86

Forbes directed the films Whistle Down The Wind and the 1975 adaptation of Ira Levin’s The Stepford Wives; his screenwriting credits include The League of Gentlemen and I Was Monty’s Double. (GUAR)

Secrecy The Best Strategy For The Weinstein Co.’s ‘Salinger’ Doc

The Shane Salerno documentary, set for a September 6 release, may get a sneak peak at Cannes but not the full doc as promotional efforts hinge on not revealing too much about its reclusive subject. (NYT)

Fox Picks Up Five New Series

The five comedy series orders include projects from BBC Worldwide, Sony Pictures TV, and Universal TV; talent on the projects includes Andre Braugher, Andy Samberg and Chris Meloni. (VAR)

Baz Luhrmann Polarizes Critics

Excess as a virtue or a wearying ploy? A look at the divided reactions to Luhrmann’s upcoming The Great Gatsby. (TDB)

Bridging the Manager-Agent Divide

Greater client advocacy in a rapidly changing business is leading to a thaw in the relationship between managers and agents. (VAR)

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