What I always took as a free phrase at the end of films or as one to ensure safety on set is actually trademarked. In order to use the phrase NO ANIMALS WERE HARMED® you have to have work with the AHA. This was interesting to read because I had no realization of this fact. Neither did producer Emile Sherman who just wanted to ensure the public that every safety precaution was taken to make sure the animals were not harmed. To further this fact he released a statement verifying that he is a director of an animal protection agency called Voiceless. So as a warning to future producers, always make sure that you are not using a trademarked phrase and are going by the books so as to avoid a costly lawsuit. http://www.hollywoodreporter.com/blogs/thr-esq/kings-speech-threatened-legal-action-96849
Image Courtesy of http://www.americanhumane.org/
Another article I read is called, "Hulu Pays at Least $40 Million to Get John Stewart Back." This was an interesting read because the article talks about how Hulu CEO Jason Kilar's head may be getting to big for his trousers. In a blog post where he announces "The Daily Show" content will return to Hulu he also made insinuations that his business model may be better than that of ABC, NBC, and Viacom. While he may be correct he should not be making claims about a business model that is directly affected by the content that is given to him by those major media corporations. He also claims that his 2011 year could be the most profitable year ever giving his shareholders a number of $500 million to salivate for by the year's end.
http://www.hollywoodreporter.com/news/hulu-pays-40-million-jon-96361
http://www.hulu.com/
http://blog.hulu.com/
The final article for this week is titled, "Sony Profit Declines 8.6% in Latest Quarter." It states that for the 2011 year, "Sony recorded a quarterly profit of $893 million. Operating profit fell 5.9 percent to $1.70 billion. Revenue came in 1.4 percent lower at $27.24 billion, or 2.2 trillion yen. However, in local currency terms, revenue grew 6 percent as the yen had appreciated 8.7 percent against the dollar and 18.5 percent against the euro over the year-ago period." Companies across the board are experiencing huge hits in their home entertainment division as DVD sales have continued to drop. There is no exception for Sony however they have succeeded in other divisions. Their video game market has continued to hold a strong profit for five years as well as the sale of their Playstations. They've seen a drop in their LCD TV's as well but only because of the drop in prices with the release of 3d TV technology. What is good about Sony is that, "Kato said Sony was taking a “conservative” view and not raising its overall full-year operating profit forecast." This is good because they may see a good 2011 profit year since they are keeping their profit forecast down. This conservative approach may help Sony in the end.
http://www.hollywoodreporter.com/news/sony-profit-declines-86-latest-96215
http://www.sony.com/index.php
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