13 result(s) displayed (1 - 13 of 13):
Redwood City, Calif.-based video game developer and publisher Electronic Arts Inc. (NASDAQ:ERTS) lost $454 million last year. Its stock price has been depressed since November (it lost 60% between August and November). And in September, EA abandoned its bid to acquire rival Take-Two Interactive Inc. (NASDAQ:TTWO) -- maker of...
Posted on March 26, 2009 12:05 PM
Thursday's news of AT&T Inc.'s planned 12,000 job cuts, costing it $600 million, is a more of a shock than a surprise given the global financial crisis. The U.S. telecom giant cited economic pressures and a changing business mix as reasons for the 4% work force reduction. That's consistent with...
Posted on December 4, 2008 4:02 PM
Is CBS Corp.'s lead dealmaker being primed to take over the CFO role from Fredric G. Reynolds? Maybe so. Joseph Ianniello (pictured), whose relationship with Reynolds goes back at least a decade, has been promoted to deputy CFO. He previously had been chief development officer and treasurer and will continue...
Posted on November 25, 2008 11:29 AM
The basic idea is profit from piracy. Users of online social networks, such as MySpace, like to jazz up their profiles with the latest songs and videos, often with illegally downloaded music and video clips from places such as MTV. Rather than fight about it, MySpace and Viacom Inc.'s...
Posted on November 3, 2008 9:49 AM
THQ Inc. announced on Tuesday that it has opened a new office in Shanghai as part of an effort to aggressively expand its business in China. The new office will build on existing partnerships and seek new alliances to capitalize on the booming gaming market. Tim Page, market development director...
Posted on September 2, 2008 1:11 PM
Blockbuster Inc. may be the mystery partner to film studios who plan to launch a pay-TV network, according to a report in The Wall Street Journal, though a spokeswoman would neither confirm nor deny the report outright. "We are very busy transforming Blockbuster into a multiplatform provider of convenient access...
Posted on April 29, 2008 12:47 PM
Ethan Beard, Google Inc.'s director of social media, will take a post as director of business development at Facebook Inc. Beard leaves the Internet search giant as No. 2 social networking firm Facebook moves to generate more advertising revenue. Facebook is growing faster than larger rival MySpace and the number...
Posted on March 26, 2008 3:18 PM
The online and mobile download markets in Japan are expected to reach $249 million and $1.9 billion this year, respectively.
Posted on December 15, 2006 8:22 PM
Fly, be free (from Corporate Dealmaker)
Will healthcare soar? Will electronics prove nimbler? Will investors applaud? Or will Ed Breen's plan to spin Tyco into three distinct business do more harm than good?
Posted on June 15, 2006 6:51 PM
Howard who? OK, so Sirius Satellite Radio Inc. hired the self-proclaimed King of All Media. Rival XM Satellite Radio Holdings Inc. remains the king of this particular medium, with 6 million subscribers to Sirius' 3.3 million. Look past the Stern effect, and an interesting fact about both of these...
Posted on February 15, 2006 12:28 PM
The crossing (from Corporate Dealmaker)
Memo to media moguls: Get over it. Get over your need for control. Get over the fear and fealty you've instilled in your subordinates for all those years. And get over the top-down decision-making process that has characterized mass media companies since they first arose in the 19th century....
Posted on December 15, 2005 7:30 PM
Can your average corporate dealmaker learn anything from watching "Life Masters"? You might not think so. For one thing, the TV show - which features a couple of perky hosts offering advice on how to handle household challenges - is broadcast in Mandarin. Yet the program does have a...
Posted on August 15, 2004 2:56 PM
"Great question, that's a really great question," Richard Bressler says after being asked a question that isn't actually all that great. But presiding over one of the most active and tenacious M&A teams in entertainment takes charm as well as dealmaking smarts - and Bressler, CFO of Viacom Inc.,...
Posted on February 15, 2004 12:56 PM
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