THR Heat Index

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Tracking the week's ups and downs in the business of entertainment.

UP: Chris Meledandri

The Lorax producer scores the biggest opening weekend of 2012 and his career with $70.2 million, his third consecutive hit for Universal after Despicable Me and Hop.

UP: Lady Gaga

The pop star becomes the first Twitter user to hit 20 million followers, outpacing her closest rival, Justin Bieber, by about 2 million.

DOWN: Steven Spielberg

The movie legend continues to struggle in television, with Fox canceling his pricey sci-fi drama Terra Nova after one disappointing season, though his Smash is holding its own on fourth-place NBC.

DOWN: Rush Limbaugh

The radio host prompts a mass exodus of sponsors and stations by calling a law student advocating insurance coverage for contraception a "slut" and a "prostitute." Will his apology for "insulting word choices" stem the backlash?

SHOWBIZ STOCKS

UP: Discovery Comm.
$46.57 (+1.8%)

Miller Tabak ups its target price to $54 after the company says U.S. ad revenue will grow moderately in the current quarter.

DOWN: DreamWorks Animation
$17.24 (-12.3%)

Janney Capital Markets reiterates its "sell" rating due to weak DVD sales and a Paramount output deal ending in 2013.

 

 
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