THR Heat Index

Tracking the weeks ups and downs in the business of entertainment.

DOWN: Reed Hastings

Netflix posts a $5 million quarterly loss -- its first since 2005 -- even as the company's subscriber base grows to 26 million and CEO Hastings' pay jumps 68 percent to $9.3 million for 2011.

UP: Cecile Frot-Coutaz

The Fremantle executive is promoted from running its U.S. operation -- which includes American Idol -- to CEO of the entire $2 billion global television company.

DOWN: Howard Stern

A New York judge flatly rejects the King of All Media's lawsuit seeking a $300 million bonus from Sirius XM Radio. (Stern plans to appeal.)

UP: Ben Sherwood

The ABC News chief's Good Morning America celebrates beating NBC's Today in the weekly ratings for the first time since 1995, snapping an 852-week streak.  

SHOWBIZ STOCKS

UP: Knology (KNOL)
$19.43 (+9.4%)

The Midwest cable operator agreed to be acquired by WOW! Internet, Cable & Phone in a deal valued at $1.5 billion.

DOWN: Hasbro (HAS)
$34.04 (-4.8%)

After $11 million in severance costs, the toymaker behind Battleship posted a $2 million loss in the first quarter.

 

 

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