THR Heat Index

6:00 AM PST 10/09/2012 by THR Staff

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

UP: Harvey Weinstein

He might have several films in the Oscar race, but Weinstein also is ramping up his TV presence, with a slew of projects, his first visit to the MIPCOM market and a new awards show for dancing.

DOWN: Tim Burton

The director's Frankenweenie opens to just $11.4 million despite decent reviews, his second 2012 disappointment after May's Dark Shadows.

UP: Queen Latifah

The actress-producer's Steel Magnolias reboot debuts to 6.5 million viewers on Lifetime, the network's third-most-watched telecast ever.

DOWN: Michael Camacho

The UTA reality TV power-agent resigns a little more than a week after his agency settles a conflict-of-interest lawsuit brought by a former client. Coincidence?

SHOWBIZ STOCKS

UP: Netflix (NFLX)
$73.52 (+31.2%)

Morgan Stanley's Scott Devitt upgrades the subscription service, calling competition from Amazon.com's streaming-video service "overblown."

Zynga (ZNGA)
$2.43 (-11.3%)

The maker of social games lowers full-year guidance due to weakness in some titles and delays in launching new ones.

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