FROM Jordan Levin
Hollywood Meets the Internet and Economic Reality Hollywood is waking up to technology and economics. Studios are becoming revolving doors for executives, and the standards for "green-lighting" new projects aren't what they used to be.
Hollywood Meets the Internet and Economic Reality With so much free content on-line, the business model for movies just doesn't work any more. Revenues from DVD's are declining fast, as is backing from wealthy "angels" with big money to spend. And this was a summer of box-office flops. Studios are becoming revolving doors for executives, and are basing productions on comic books, graphic novels, webisodes and video games that can be serialized and "branded" for easy marketing. "Specialty" projects aimed at adults are fewer and farther between. We see how the wide world of entertainment is changing.
Viacom Sues YouTube The Internet website YouTube is growing like mad. Last year's nine million monthly visitors skyrocketed to 133 million this year, and Google purchased YouTube for $1.65 billion. Surveys show that 100 million video clips are viewed on YouTube every day and they're not all amateur home movies. Big-time producers want their pieces of YouTube's action. Viacom -- which owns Comedy Central , MTV and Nickelodeon --says Jon Stewart , Stephen Colbert and SpongeBob SquarePants have been appearing on YouTube for free. So, Viacom has sued YouTube for a billion dollars in damages. Will innovation and creativity be delayed as the law catches up with technology? We get perspective from attorneys, media analysts and former network execs.
Trump's new look at civil rights and global warming President Trump is reportedly ready to pull the US out of the Paris Agreement on Climate Change. We look at the possible consequences. On the second half of the program, we hear about cuts in Obama-Era civil rights programs called for by the Trump Administration's first budget plan.
Trump plays scolder-in-chief with NATO allies At the opening of NATO’s dramatic new headquarters in Brussels today, President Trump acknowledged that Article 5 — promising that “an attack on one nation is an attack on all” -- has only been invoked one time: in the aftermath of September 11. But the President failed to provide what 27 other Alliance members have been waiting for: a re-commitment by America’s new leader to Article 5. Instead, they got a scolding.
Replacing Obamacare: Now you see it… now you don’t As the Senate deliberates replacing Obmacare, health coverage for millions of people is at stake. There've been no public hearings, and a draft measure won't be made public. Is the House version so unpopular that that Senate is hiding a version that looks much the same?