Word: comcasts
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...future seemed uncertain after Sony, Comcast and a group of private equity firms acquired its parent MGM in 2004. But now, along with "substantial ownership," Cruise and Wagner will set United Artists' production slate and Wagner will serve as CEO. Cruise will star in and produce films for the revamped company, which plans to deliver about four movies a year to start. Marketing and distribution will be handled...
Companies from Wal-Mart to Comcast are developing new ways to offer movies digitally, and Hollywood is game to hook up with all of them. Bob Chapek, Disney's president of home entertainment, says Disney will ultimately work with multiple partners. "We are format-agnostic," he told TIME. Michael Lynton, CEO of Sony Pictures, says Sony will probably sell movies through Apple at some point. "We want to see many, many retailers in the business," he says. A few more digitally intrepid movie buffs might help...
While the non-profit organization that the city is seeking will own the network, it will not act as the Internet Service Provider (ISP). Instead, it will allow other ISPs—such as Comcast or SBC/Yahoo!—to use the network infrastructure...
Current TV, the youth-oriented cable network that Gore launched last August, has been picked up by Comcast for its digital tier, and will reach 28 million homes as of this week, says Gore's business partner Joel Hyatt. The network is in negotiations with cable systems in France, Germany and Italy, and expects to achieve the relatively rare feat of becoming profitable in its first year. Says Hyatt: "We are just on fire." Additionally, Gore has begun a London-based equity firm with former Goldman Sachs Asset Management CEO David Blood. It's a partnership that, despite its nickname...
...when we saw the video iPod and iTunes store, the consumer experience was so vibrant, it convinced us that this was the right technology." Within a month, CBS and NBC made plans to offer some of their top shows as 99¢ video-on-demand selections through cable company Comcast and satcaster DirecTV, and soon Google, AOL (owned, like TIME, by Time Warner) and others joined the party...