Future of media

By CNN Money | Breaking down what we watch and read, and how we do it

Gawker has this billionaire in its corner

<b>New York (CNN) —</b> Gawker learned this week that billionaire Peter Thiel is funding legal cases against it, but now Gawker has a billionaire in its corner too.<p>EBay cofounder Pierre Omidyar's media firm First Look Media is rallying other media outlets in an amicus effort.<p>The news comes after Thiel, a …

Peter Thiel

'X-Men: Apocalypse' has DNA for box office success

<b>New York (CNN) —</b> The X-Men look to save the day following last year's apocalyptic Memorial Day box office.<p>"X-Men: Apocalypse," 20th Century Fox's latest film involving the mutant heroes, sprang into action bringing in an estimated $26.4 million opening day on Friday.<p>Box office analysts are …

Box Office

'The Dresser' joins wave of pay TV featuring older talent - May. 27, 2016

While the major networks continue to chase youth, premium TV services are showing signs of recognizing that gray could be the new green.<p>Broadcasters' programming choices reflect the priorities of their advertisers, who predicate media buys on reaching adults younger than 55. Pay channels, however, …

TV

Gawker owner seeks a truce and a debate with Peter Thiel

<b>Los Angeles (CNN) —</b> Nick Denton has a challenge for Peter Thiel: Let's talk, publicly.<p>The Gawker Media founder has called on the billionaire Silicon Valley entrepreneur to take part in "an open and public debate" following Thiel's admission that he is funding lawsuits -- including Hulk Hogan's $140 …

Peter Thiel

Gawker's plan B: Bankers ready to arrange a sale

<b>New York (CNN) —</b> Gawker said Thursday that it has hired bankers to advise them on a possible sale as a "contingency" against multi-million dollar lawsuits filed against it.<p>The statement came as Silicon Valley billionaire Peter Thiel admitted he was financing at least two lawsuits against Gawker to …

Peter Thiel

Who is Silicon Valley billionaire Peter Thiel?

<b>New York (CNN) —</b> Peter Thiel is a lot of things. He's a Silicon Valley billionaire who cofounded PayPal and Palantir. He's a venture capitalist at Founders Fund, which has invested in companies like Airbnb and Space X.<p>He was an early backer in a number of high-profile companies, including Facebook, …

Peter Thiel

'Roots' vividly revived for a new generation on History channel

<b>Los Angeles (CNN) —</b> America came to a virtual stop nearly 40 years ago, during the eight-day stretch when "Roots" aired. The TV world has changed dramatically since then, but that hasn't stopped History from delivering a credible, at times moving version of Alex Haley's story for another generation.<p>…

Jonathan Rhys Meyers

Katie Couric stands by 'Under the Gun' as director apologizes for misleading edit

<b>New York (CNN) —</b> The director of a new documentary about gun violence says she is sorry for a misleading scene that makes gun rights activists seem stumped by one of interviewer Katie Couric's questions.<p>"I never intended to make anyone look bad and I apologize if anyone felt that way," director …

Katie Couric

'The Americans' renewed through sixth and final season at FX

<b>Los Angeles (CNN) —</b> "The Americans" had been renewed for two more seasons, which will mark the end of the critically acclaimed FX drama's run.<p>The extension includes a full 13 episodes for next year, and a truncated order of 10 for a sixth and final season in 2018.<p>While the show has never been a …

Cold War

Sumner Redstone's Viacom battle, how did it get so bad?

<b>Los Angeles (CNN) —</b> This time last year, Sumner Redstone and his daughter Shari were on the rocks.<p>The ailing media mogul had offered Shari $1 billion for her 20% stake in his empire, partly to guarantee that she'd never succeed him as chairman. (She refused). His two girlfriends were listed as the …

Sumner Redstone

'Captain America' twist stuns comic book world

<b>New York (CNN) —</b> Captain America has been a symbol of American heroism since 1941, and that all appears to be a lie.<p>SPOILER BEGINS HERE<p>"Steve Rogers: Captain America #1" hit shelves on Wednesday along with a twist that seemingly changes the entire history of the character. The final page of the …

Comics

Peter Thiel quiet amid reports he's funding Hulk Hogan's Gawker case

<b>New York (CNN) —</b> It's the talk of Silicon Valley and New York media circles, and it's brought even more intrigue to a legal showdown already rich with drama.<p>Did billionaire tech entrepreneur Peter Thiel finance Hulk Hogan's invasion of privacy lawsuit against Gawker Media?<p>It sure sounds like it. …

Peter Thiel

'Apprentice' was key to Donald Trump's candidacy, NBC executive says

<b>Los Angeles (CNN) —</b> Donald Trump wouldn't have overwhelmed the Republican presidential race without his exposure on "The Apprentice," the NBC executive who currently oversees the show said on Tuesday.<p>"Would Donald Trump have become the presumptive Republican nominee without ['The Apprentice']? Of …

Donald Trump

Can BuzzFeed News survive the shift to video?

<b>Los Angeles (CNN) —</b> Early last year, BuzzFeed CEO Jonah Peretti wrote a blog post titled "Why BuzzFeed Does News," a battle cry for journalism that had the unintended effect of unnerving some members of the news division.<p>By then, BuzzFeed News had been humming for three years. It lived within a …

Journalism

Vice promotes Josh Tyrangiel to oversee news, lays off current staff

<b>Los Angeles (CNN) —</b> Vice Media has promoted Josh Tyrangiel, the head of its forthcoming HBO nightly news broadcast, to oversee news operations across the company, CNNMoney has learned.<p>The move, which is meant to unify the Vice News television and digital platforms, will put Tyrangiel in charge of …

TV

Media - Stock Market and Investment News - CNNMoney

The biggest sham in Hollywood is that everyone knows Sumner Redstone’s current state but writes about him like he’s 55 and cognizant.<p>Why does every article written about Sumner Redstone treat him like someone who is fully in control of the decisions that are being made?

Stock Markets

Sumner Redstone names new trustees who are 'loyal' to him

<b>New York (CNN) —</b> Last week media mogul Sumner Redstone booted Philippe Dauman and George Abrams from his trust. Now Redstone has appointed one of his lawyers and one of his family friends as replacements.<p>He has also named one of his granddaughters to a position on the board of his holding …

Sumner Redstone

Mickey Mouse artifacts from the dawn of Disney are up for auction

<b>New York (CNN) —</b> Mickey Mouse artifacts from the earliest days of Disney are hitting the auction block.<p>The items to be auctioned by next month by Van Eaton Galleries include the original score from the first Mickey Mouse song, "Minnie's Yoo-Hoo" from 1929. The document is expected to sell for …

Mickey Mouse

Facebook finds no evidence of Trending bias, but makes changes anyway

<b>San Francisco (CNN) —</b> Facebook has found "no evidence of systematic political bias" in how news stories are chosen for its Trending Topics features, according to results of an internal investigation released Monday.<p>However, it will make some changes to how the tool works, including no longer using …

Facebook

CBS thrives despite Sumner Redstone's Viacom turmoil

<b>Los Angeles (CNN) —</b> When Sumner Redstone impulsively decided to split Viacom and CBS into separate companies in 2005, the appraisal was clear: CBS would be the slow-growth Edsel, and Viacom the new-media Ferrari.<p>More than a decade later, however, the race didn't pan out that way. CBS has maximized …

Sumner Redstone

Viacom in crisis: Sumner Redstone and CEO take dispute to different courts

<b>New York (CNN) —</b> Viacom controlling shareholder Sumner Redstone has officially split with his protege and friend of 30 years, the man who's running Viacom for him, CEO Phillippe Dauman.<p>And now the two men are taking the dispute to court.<p>On Monday morning, Dauman filed suit to block what he called …

Sumner Redstone

'Beauty and the Beast' trailer teases Emma Watson as Belle

<b>New York (CNN) —</b> A tale as old as time is getting a retelling.<p>Disney released the first look at its live action "Beauty and the Beast" on Monday morning.<p>The brief minute and a half long teaser showed off the new look of the film's Gothic castle as well the first glimpse of Emma Watson as Disney …

Emma Watson

Couric: Media enabled Donald Trump

<b>New York (CNN) —</b> Katie Couric says TV news operations were instrumental in "enabling" Donald Trump's candidacy by affording him extraordinary airtime and allowing him to play by his own rules.<p>"There was that period of time where it was wall to wall coverage, 90 minutes of his rallies, with very …

Donald Trump

ESPN's 'O.J.: Made in America' a master class on race, sports and media - May. 20, 2016

After FX's 10-hour dramatization "The People v. O.J. Simpson: American Crime Story," one might think there's little left to say about the "trial of the century."<p>"O.J.: Made in America," ESPN's five-part, almost-eight-hour documentary (10 with commercials), proves that wrong, and then some.<p>Having …

Made in America

HBO programming chief Michael Lombardo is exiting that post

<b>Los Angeles (CNN) —</b> HBO programming chief Michael Lombardo is leaving that position after a 33-year run at the pay channel.<p>For Lombardo, who has held his current job since 2007, the move comes at a time when the network has been under pressure after several perceived missteps. In addition, its …

Programming

'Captain America: Civil War" becomes Disney's 10th billion dollar film

<b>New York (CNN) —</b> Another day, another billion dollar box office for Disney.<p>Disney's "Captain America: Civil War" will cross the $1 billion mark at the global box office on Friday, the studio said.<p>The Marvel superhero slugfest, which pits Chris Evans' Captain America against Robert Downey Jr.'s Iron …

Walt Disney Company

Maroon 5 cancels North Carolina concert over anti-LGBT law

<b>New York (CNN) —</b> Maroon 5 won't be going to North Carolina anytime soon.<p>The pop band has canceled two upcoming shows in Charlotte and Raleigh due to the recent passage of a state law which critics say is an anti-LGBT law.<p>"This was a difficult decision for us to make as a band," the group said in a …

Maroon 5

'Walking Dead' is huge. So here come 'Preacher' and 'Outcast'

<b>Los Angeles (CNN) —</b> Given the tremendous success of "The Walking Dead," networks are eager to follow in its footsteps.<p>Enter two macabre new series: AMC's "Preacher," which is slightly incomprehensible, but intriguing; and "Outcast," a Cinemax show that comes across as a warmed-over version of "The …

The Walking Dead

Morley Safer, CBS news legend, dies at 84

<b>New York (CNN) —</b> Morley Safer, an intrepid storyteller and interviewer whose name became synonymous with the newsmagazine "60 Minutes," has died. He was 84.<p>Safer was the longest-serving correspondent in "60 Minutes" history. He joined the CBS program in 1970, just two years after it launched, and …

Vietnam War