I for one couldn’t find this any funnier. It’s a perfect symbol for what’s happening right now. Unfortunatley the fellas (and ladies) on wall street wised up and gave the bull a bath.

C

Via [www.consumerist.com]
(the iPhone doesn’t support copy and paste so you’ll have to head over to the site and check it out. Sorry.)

Well the Google phone, aka the G1 has been officially launched.

This presents quite the dilema for me and I’ll tell you why. I’ve long been a fan of the Blackbery and have been excited about the impending realease of the Blackberry Bold (whenever that may be). Now that the G1 is slated to ship Oct. 22 I’m torn about which to get.

Here’s some G1 info to hold you over until it actually drops:

• $179 with a two year agreement on tmobile
• Full 3G capability (tmobile 3G that is) and WiFi.
• 3 megapixel camera
• Google maps with street view
• Push Gmail (this is huge!)
• Android Marketplace

There’s a bunch of other really cool stuff that I’ll let you find out about on your own but Google has really thrown a curve at me. I was all set to pick up the Blackberry Bold the second it hit the shelves but now….well I just don’t know. Anyone else care to comment on the issue?

C

So the L.A. Times money & co. blog ( I’ll post the link later if I remember) is reporting that Dreamworks Animation SKG has been downgraded from the “conviction buy list” by Goldman Sachs and from “buy” to “hold” by Wedbush Morgan Securities.

Apparently, the company will be facing tougher times as Wall Street is anticipating the studio is going to begin to paying more to market it’s films abroad.

Additionally, the article states:

Another expected drag on the bottom line — although great for Glendale and environs — is the company’s plan to spend $85 million over the next two years to expand and improve the Glendale studio, including for 3-D productions. Dreamworks sort of buried that announcement in the earnings press realease.

Now I understand that the U.S. economy is in the dumps right now but I’m not sure I see there being much disruption to the movie industry. If this summer has taught us anything it’s that the movie industry hasn’t felt the crunch quite as strongly (see Dark Knight, Kung Fu Panda, Ironman, etc). I think people are actually going to the movies more often because it tends to be the cheapest for of entertainment out there right now.

To recap, in the words of Mr. Warren Buffet:

Be greedy when others others are fearful and fearful when others are greedy.

C

Anyways, Batman continues to destroy anything considered a record, taking in another $75.6 million dollars this weekend. The movies total now stands at over $300 million for ten days.

Apparently, the movie has been getting a lot of repeat business.

Next on the list: “Titanic”, which made $600,788,188 worldwide back in 1997.

And just to throw in my two cents, I’d like to officially kick off the Heath Ledger better win an Oscar for this performance campaign.

C

Writing this is really just an excuse to test out the new WordPress app on my iPhone. So if you didn’t know now you do, ha.

Now in case you haven’t seen it like me (don’t ask) check it out this weekend. I know I will.

C

I hope to make this your one stop site for all news Entertainment.  While other sites focus on celebrity gossip and scandals (disclaimer: we’ll do some of that too…), I will primarily bring you all of the latest and important news on the business side of the Entertainment industry.  Occasionally, I will throw in some extra stuff that just interest me personally.  I hope you enjoy the site and keep coming back!  Of course this is going to be for all the readers out there so never hesitate to leave a comment or e-mail if you have any suggestions, comments, etc.

C