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  • Friday, Feb. 7, 2014
Young & Laramore hires Rachel Gotthelf, Mitchell Brown
Rachel Gotthelf
INDIANAPOLIS -- 

Rachel Gotthelf has joined EchoPoint Media, a division of Young & Laramore, as digital supervisor. In her previous position with iProspect/Boston, she was digital media leader and worked with clients including Gilt Groupe and Tory Burch. In her new role as digital supervisor, she will report to Megan Suttile, Director of Planning, and focus on clients NIPSCO, Zerorez and Visit Indy.

Additionally, Mitchell Brown has come aboard Young & Laramore as a designer. Brown will report to creative directors Trevor Williams and Bryan Judkins, and will primarily focus on the Brizo, Silver in the City and Building Tomorrow accounts.

  • Thursday, Feb. 6, 2014
Advertising revenue strength boosts AOL's 4Q
NEW YORK (AP) -- 

Advertising growth is helping lift New York Internet company AOL Inc., although costs associated with its former local news unit Patch weighed on fourth-quarter profit.

AOL said Thursday that it earned 36 million, or 43 cents per share, in the October-December period. That's up 1 percent from $35.7 million, or 41 cents per share, in the same period a year earlier. But analysts, on average, were expecting stronger earnings of 47 cents per share, according to a poll by FactSet.

The latest quarter included a restructuring charge of $13.2 million from job cuts, mostly at the struggling Patch. AOL handed over Patch's operations and majority ownership to investment firm Hale Global last month.

Revenue rose 13 percent, to $679 million from $599.5 million. Wall Street predicted $655.9 million. Advertising revenue grew 23 percent to $507 million. Subscription revenue from AOL's aging dial-up service More

  • Thursday, Feb. 6, 2014
Twitter stock dips on user growth worries
By Barbara Ortutay, Technology Writer
NEW YORK (AP) -- 

Twitter beat Wall Street's earnings and revenue expectations in its first quarter as a public company. But investors were looking for more — including faster user growth — and the company's stock fell more than 17 percent in after-hours trading Wednesday.

Twitter's shares fell $11.37, or 17.2 percent, to $54.59 in extended trading after the results came out. The stock, which peaked at $74.73 on Dec. 26, closed Wednesday's regular trading session at $65.97.

Twitter ended the final quarter of 2013 with 241 million monthly users, up 30 percent from a year earlier. But Twitter's growth is slowing. The company added just 9 million new monthly users in the fourth quarter, only 1 million of which came from the U.S. That's a deceleration from earlier in the year, when the company was adding an average of 16 million new accounts each quarter.

Another closely watched metric, which measures how engaged More

  • Thursday, Feb. 6, 2014
Wes Anderson's new movie kicks off Berlin fest
Members of the jury from top left, actress Greta Gerwig, jury president James Schamus, actress Trinie Dyrholm, actor Tony Leung, from bottom left director Michel Gondry, producer Barbara Broccoli, actor Christoph Waltz and director Mitra Farahani pose for photographers prior to the beginning of the International Film Festival Berlinale, Wednesday, Feb. 5. (AP Photo/Axel Schmidt)
BERLIN (AP) -- 

The annual Berlin International Film Festival is opening with a trip back to pre-World War II Europe as Wes Anderson presents his new movie, "The Grand Budapest Hotel."

The film, premiering Thursday, is the first in a 20-strong lineup of movies competing for the main Golden Bear award at the first of the year's major European film festivals. The winner will be announced Feb. 15.

Actors Ralph Fiennes, Edward Norton and Bill Murray are expected in Berlin to present Anderson's movie, set at a European hotel in the 1920s.

An eight-member jury under "Brokeback Mountain" producer James Schamus will choose the winner from a diverse and geographically varied program. Jury member Michel Gondry says the festival is "a little less about the looks than some other places."

  • Wednesday, Feb. 5, 2014
USOC sponsor AT&T condemns Russia's anti-gay law
By Oskar Garcia
SOCHI, Russia (AP) -- 

U.S. Olympic Committee sponsor AT&T has condemned a Russian law restricting gay-rights activity as Sochi prepares to host the Winter Olympics.

The telecommunications giant said in a blog post that the law is harmful to lesbian, gay, bisexual and transgender people and harmful to a diverse society.

"We support LGBT equality globally and we condemn violence, discrimination and harassment targeted against LGBT individuals everywhere," AT&T said in the post.

AT&T said it was responding to a request from the Human Rights Campaign, which urged International Olympic Committee sponsors to stand up for LGBT equality. AT&T isn't an IOC sponsor, but says it supports the campaign's principles.

AT&T is the first major U.S. corporation to publicly condemn Russia's law, Human Rights Campaign officials said.

The Washington-based organization that pushes for civil rights for More

  • Wednesday, Feb. 5, 2014
IOC backs proposal to set up Olympic TV channel
SOCHI, Russia (AP) -- 

IOC members have backed the idea of setting up an Olympic television channel.

IOC President Thomas Bach put the proposal up for debate Wednesday at the International Olympic Committee's general assembly.

No members asked to speak. Bach then asked whether they all approved of the proposal, and the members applauded in support.

The IOC says the channel would promote Olympic sports in the years between the games and help connect the games with younger people.

IOC vice president John Coates said the IOC would act as a "curator or moderator" to develop digital content. He said the project could use the National Geographic Channel as a model.

Sports federations, national Olympic committees, broadcasters and sponsors would be asked to take part.

The IOC will undertake a feasibility study on the costs before a final decision.

  • Wednesday, Feb. 5, 2014
Disney Q1 helped by 'Frozen,' 'Infinity'
In this Friday, Jan. 31, 2014, photo, a Minnie Mouse character plays piano in a Disney Store display window in Saugus, Mass. (AP Photo/Elise Amendola)
LOS ANGELES (AP) -- 

The Walt Disney Co. on Wednesday reported earnings and revenue for the holiday quarter that beat Wall Street's expectations, helped by movie hits like "Frozen" and sales of its "Disney Infinity" console game.

Net income in the fiscal first quarter through Dec. 28 rose to $1.84 billion, or $1.03 per share, from $1.38 billion, or 77 cents per share, a year ago.

Excluding restructuring charges and other items, adjusted earnings came to $1.04 per share, beating the 92 cents expected by analysts polled by FactSet.

Revenue rose 9 percent to $12.31 billion, beating the $12.25 billion expected by analysts.

Shares rose $1.09, or 1.5 percent, to $72.85 in after-hours trading Wednesday, after already gaining 71 cents to close at $71.76 in the regular session.

Along with the strong movie studio results, revenue and profit grew for its TV networks, as growth at ESPN offset weakness at ABC. More

  • Wednesday, Feb. 5, 2014
LeBron James teams up with Starz for comedy series
NEW YORK (AP) -- 

LeBron James is no stranger to getting the greenlight to shoot, but this time it's for a scripted comedy series set in the world of professional basketball.

Starz network is giving the go-ahead his sitcom, "Survivor's Remorse."

The Miami Heat star will serve as an executive producer of the half-hour show. He will team with Tom Werner, a force behind series such as "The Cosby Show" and "Roseanne." Actor-writer Mike O'Malley will also be an executive producer.

The story follows Cam Calloway, a basketball phenom in his early twenties who is thrust into prominence after signing a multi-million-dollar contract with a pro team in Atlanta.

The series will shoot in Atlanta. Its six-episode first season airs this fall.

The network didn't announce any cast members.

  • Wednesday, Feb. 5, 2014
2015 Golden Globe Awards set on several fronts
HOLLYWOOD, Calif. -- 

The Hollywood Foreign Press Association (HFPA) and dick clark productions (dcp) will present the 72nd Annual Golden Globe Awards on Sunday, January 11, 2015. Hosted by Golden Globe Award winners Tina Fey and Amy Poehler for the third year in a row, the ceremony will air on NBC live coast-to-coast from 5-8 p.m. (PT) and 8-11 p.m. (ET) from the Beverly Hilton in Beverly Hills.

“Not only do we have the privilege of announcing the date of the 72ndAnnual Golden Globe Awards, we are very appreciative of Tina and Amy for hosting the ceremony for a third year in a row,” said Theo Kingma, president of the HFPA.

Produced by dcp in association with the HFPA, the Golden Globe Awards are viewed in more than 160 countries worldwide and are one of the few awards ceremonies to include both motion picture and television achievements. Earlier this month, “The 71st Annual Golden Globe Awards” delivered a 6.5 rating, 16 share in adults 18-49 and 20.9 million More

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