A wasteland, and proud of it
Article Abstract:
Cable television networks may have small budgets and small audiences for their programming choices but many, like E! Entertainment, the History Channel, BET, and the Nashville Network, have created profitable businesses by appealing to narrow and loyal range of viewers. Cable television, unlike the major television networks, owe some of their success to earning revenues from two sources, advertisers and subscription fees. Industry analysts expect that E! Entertainment will earn $124 million this year.
Comment:
Cable television networks have small budgets and audiences but are profitable by appealing to a narrow range of viewers
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1998
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Sony Pictures, in an accord with MGM, drops its plan to produce new James Bond movies
Article Abstract:
In a convoluted history that perhaps James Bond would be comfortable sorting through, Sony Pictures and MGM have arrived at a settlement agreement over sequels. Sony will pay MGM $5 million as settlement in the suit; MGM will pay Sony $10 million for the rights to "Casino Royale" and for international rights to the James Bond films. The Bond series has been a hit for four decades that began with "Dr. No" in 1962. The settlement confirms that Bond lives "at one address."
Comment:
Company settled with MGM over James Bond rights
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1999
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Columbia Pictures to share movie profits with writers
Article Abstract:
In an agreement with Columbia Pictures a handful of writers have negotiated a cut of the profits for many screenwriters, writers of films nominated for Oscars or writers whose fees are $1 million. The agreement is expected to put pressure on all the other studios to do the same. Meanwhile, it is a PR coup for Columbia and the studio hopes it will mean some winning scripts from new talent.
Comment:
Winning screenwriting talent will get a cut of the profts on hits
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1999
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