Yesterday we posted an article about how CNN fired editors and photojournalists because amateurs will work for free. Today to be “fair and balanced” we bring you an article on how Rupert Murdoch, owner of News Corp. and FOX News, basically blackmail artist Charlotte Church into working for free.Read More
CNN lays off 50 staff members, claiming that pro-sumer technologies and social media have made some editing and photojournalism positions redundant. Read More
This article (“The money shot”) from The Economist explains why government handouts to Hollywood are growing. …All but seven of America’s 50 states now offer incentives to lure filmmakers. Some states refund a portion of in-state production costs, which may include actors’ salaries. Others issue rebates against state taxes that can be sold to local Read MoreRead More
Hollywood’s in the midst of a “feed good” story in an otherwise dismal environment for many businesses, reports CNBC’s Julia Boorstin. She and David Brain, CEO of Entertainment Properties Trust, discuss the details.Read More
On Thursday, Sept. 18, 2008, the astonished leadership of the U.S. Congress was told in a private session by the chairman of the Federal Reserve that the American economy was in grave danger of a complete meltdown within a matter of days. “There was literally a pause in that room where the oxygen left,” says Read MoreRead More
Freakonomics author Steven Levitt presents new data on the finances of drug dealing. Contrary to popular myth, he says, being a street-corner crack dealer isnt lucrative: It pays below minimum wage. And your boss can kill you. http://www.ted.com/Read More
A discussion about the Federal Reserve and “Bubble Economies” with Harrison Hong, Wei Xiong and Markus BrunnermeierRead More
“The Dark Knight” set a record during its midnight debut with $18.5 million from 3,040 theaters, and more records are sure to fall during it’s opening weekend. All of this excitement leads us to ask, how bulletproof is the movie economy? Movie attendance in June rose 17 percent from last year and it seems July Read MoreRead More
