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Time Warner Q2 profit tops estimates; Fox drops bid
Time Warner reported Wednesday that its second quarter net income rose 10% to $850 million as the robust performance of HBO and its cable TV networks helped offset its film studio’s falling revenue....
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21st Century Fox revenue jumps on film successes
Twenty-First Century Fox, the film and TV company controlled by Rupert Murdoch, reported an almost 17 percent rise in quarterly revenue, helped by the box office success of films such as “X-Men: Days...
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Media earnings: Megamergers in focus
When media giants Time Warner and Twenty-First Century Fox report earnings Wednesday, investors will listen for what their results might mean mean for a potential merger between the two. The quarterly...
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21st Century Fox revenue jumps on film successes
Twenty-First Century Fox, the film and TV company controlled by Rupert Murdoch, reported an almost 17 percent rise in quarterly revenue, helped by the box office success of films such as “X-Men: Days...
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Atlantic City losing 2 casinos, 5K jobs in 3 days
A time few could imagine during the not-too-distant glory days of casino gambling has arrived in Atlantic City, where two casinos will close this weekend and a third will shut down in two weeks. More...
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AMC pays $200M to buy major stake in BBC America
AMC Networks, the cable network company behind The Walking Dead and Mad Men, said Thursday it will pay $200 million to acquire a 49.9% stake in cable channel BBC America and assume operation of the...
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A faster pace for National Geographic magazine
National Geographic journalists on their lunch breaks run into daily reminders of their singular place in science journalism. A life-size spinosaurus, recently installed in the courtyard of its...
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Time Warner Cable earnings miss as video subscribers drop
Time Warner Cable, the second-largest U.S. cable company, on Thursday reported it lost more residential video customers in the thirdquarter than in the previous quarter. Shares were higher in premarket...
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Time Warner, Covidien, Nu Skin – good earnings and higher shares
Time Warner—The company earned an adjusted 97 cents per share for the third quarter, 3 cents above estimates. Revenue was also above forecasts on strong subscription growth for Turner Broadcasting and...
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‘Frozen,’ theme parks, ESPN ads drive Disney profits
Frozen was released nearly a year ago, but the Walt Disney Co. continues to benefit from the blockbuster hit. The Burbank, Calif.-based media giant said Thursday its fiscal fourth-quarter net income...
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Two Rothko paintings fetch $75 million at NYC auction
Two Mark Rothko paintings have fetched more than $76 million at a New York auction of post-war and contemporary art. The paintings were owned by Rachel “Bunny” Mellon, heir to the Listerine fortune....
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CBS: channels could go dark without new Dish contract
CBS Corp. said Tuesday its channels could be taken off the air for Dish Network customers in some large markets if the companies can’t agree on a new contract by Thursday evening. The companies have...
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Royal Caribbean sailing into S&P 500
Royal Caribbean Cruises is about to take its place in the S&P 500, the closely watched index of large U.S. company stocks. The Miami-based company, which is the second largest cruise operator, will...
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Beastie Boys’ $1.7M verdict against Monster stands
A federal judge on Thursday refused to throw out Beastie Boys’ $1.7 million jury verdict against Monster Beverage over the energy drink company’s use of the hip-hop group’s music in a promotional video...
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CBS, Dish Network reach deal to end brief blackout
CBS Corp. and TV provider Dish Network Corp. say they have reached an agreement that ends a contract dispute that led to a short programming blackout in 18 local markets. CBS had blocked Dish from...
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Little Caesars to build 8-story Detroit headquarters
A quarter century after moving its corporate hub from the suburbs to the Fox Theatre building in downtown Detroit, the Ilitch family is unveiling plans Wednesday for a new eight-story office tower next...
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‘The Interview’ gets the job done: $31M in sales
Sony Pictures announced Tuesday that the film has been rented or purchased online and through cable, satellite, and telecom providers more than 4.3 million times, totaling over $31 million in consumer...
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Backstreet Boys tackle manhood in documentary
Early in the new Backstreet Boys documentary Show ‘Em What You’re Made Of, group member Nick Carter ponders the criticism faced by boy bands, and makes a comparison to Pinocchio: “He was manufactured,...
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India’s PVR Cinemas Posts Strong Third-Quarter Results
India’s largest cinema chain PVR announced robust financials for the quarter ending 31 December, the third quarter in the country’s financial year. The company posted revenues of $702 million (rupees...
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Humans of N.Y. blogger raises $1M plus for students
What started out as a fail for blogger/photographer Brandon Stanton has turned into a major success for him and a group of Brooklyn, N.Y., schoolchildren. Stanton’s campaign to raise $100,000 to send...
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Massive storm complicates travel on Super Bowl Sunday
The weather should be perfect in Glendale, Ariz., for fans headed to the Super Bowl, but those watching the game throughout the Midwest and Northeast are in for some treacherous drives home. A massive...
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Bobbi Kristina Brown ‘alive and breathing’
Whitney Houston’s daughter, Bobbi Kristina Brown, was found unresponsive in a bathtub Saturday, almost exactly three years after the legendary singer died in a tub. A spokeswoman for the Roswell, Ga.,...
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Katy Perry blew away the Super Bowl halftime show
With the New England Patriots and Seattle Seahawks providing fireworks at the end of the first half of Super Bowl XLIX, Katy Perry brought some too, literally. The mega-pop star showed off her...
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Is ‘Sniper’ readying to ambush the Oscars?
American Sniper has its sights set on your Oscars. Racking up close to $250 million, director Clint Eastwood’s drama about real-life military marksman Chris Kyle has become a wild card in this year’s...
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‘SNL’s’ anniversary features first show
NBC will rebroadcast the late-night comedy program’s inaugural episode on Feb. 14 (11:30 p.m. ET/PT), one day before the primetime SNL 40th Anniversary Special (Feb. 15, 8 p.m. ET/PT). The three-hour...
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Publisher: Harper Lee is ‘happy as hell’ about new book
Was reclusive and ailing author Harper Lee an active participant in the astonishing decision to publish a long-awaited second novel? Responding to the doubts about that question, her publisher,...
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Detroit’s walking man to get $350K, lots of advice
One week after he gained global attention for his 21 miles and two bus rides of daily commuting, Detroiter James Robertson looked no different. But Robertson, 56, said that his once quiet, arduous life...
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‘Nightly News’ keeps ratings lead amid Williams scandal
NBCNightly News with Brian Williams beat its competitors last week while the anchor battled accusations of embellishing stories about his reporting, according to new ratings data released Tuesday. The...
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‘SNL’: How a ‘variety show’ ignited a comedy revolution
On Oct. 11, 1975, TV history was made. Or at least the variety-show format was turned on its ear, thanks to producer Lorne Michaels, a group of relative unknown comedians — and Johnny Carson, who’d...
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‘Fifty Shades’ makes box office its valentine
The only real box office question on Valentine’s Day weekend was just how high the R-rated Fifty Shades of Grey would go. The answer Sunday morning was a resounding $81.7 million for the three-day...
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‘Grand Budapest,’ ‘Imitation Game’ top WGAs
The Grand Budapest Hotel and The Imitation Game were named the best original and adapted screenplays of 2014 on Saturday night from the Writers Guild of America, which handed out awards at simultaneous...
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‘Fifty Shades of Grey’ whips up $30 million
Fifty Shades of Grey opened Friday with a bang — an impressive $30.2 million haul, according to studio estimates. The book adaptation of E.L. James’ best-selling novel took in $8.6 million from late...
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By Jove, is Colin Firth returning for a ‘Kingsman’ sequel?
The Colin Firth faithful (the Firthful?) probably cried in their pints a little bit upon seeing their favorite guy and newly minted action hero go down in Kingsman, but at least he died fighting. Or...
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Super Bowl hero Malcolm Butler is still amazed by perks of sudden fame
Rob Gronkowski isn’t the only member of the New England Patriots having a few epic post-Super Bowl weeks. The gregarious tight end was certainly an recognizable personality well before his team’s...
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Rousing underdog tale ‘McFarland’ wins hearts
McFarland, USA is a feel-good sports movie that actually lives up to the notion. The idea of an inspirational saga anchored by Kevin Costner doesn’t elicit the hopes it might have when Field of Dreams...
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J.K. Simmons lit up Oscars with simple message
“Call your mom. Call your dad.” That simple call to action from J.K. Simmons went viral during Sunday’s Oscar telecast. The best supporting actor winner, who played a verbally sadistic, physically...
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David Cronenberg ‘Maps’ his constellation of stars
Hollywood really hasn’t changed much since David Cronenberg started making movies, and neither has the importance of choosing the right actors. “It’s a matter of intuition,” says the Canadian director,...
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Fifty Shades’ Stays On Top, Crosses $400M; ‘Spongebob’ Hits $200M
Fifty Shades of Grey remained as the top film overseas for a second consecutive weekend after grossing $68.1 million at 10,794 dates in 58 territories. The weekend performance lifts the film past the...
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Early Weekend Estimates: ‘Focus’ Eyes $18.5M Opening Frame; ‘Kingsman’...
Warner Bros. reports that Focus earned an estimated $6.47 million for its opening day, easily taking first place on Friday. The Will Smith-Margot Robbie con artist flick debuted just under Limitless’...
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Mark Cuban, Ann Coulter join ‘Sharknado 3’
Meet our country’s new president. And his esteemed Veep. Syfy announced today that Dallas Mavericks owner and Shark Tank star Mark Cuban will play the president of the United States in Sharknado 3....
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Americans to drop $4.6B to party on St. Pat’s Day
More than half the nation plans to celebrate St. Patrick’s Day, and millions will be doing it with a glass of beer. Or several. Americans will spend $4.6 billion to party and people will down 13...
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HBO documentary star Durst facing legal morass
The legal morass of HBO documentary subject Robert Durst promised to get more complicated Tuesday as the wealthy eccentric faced gun charges in New Orleans, murder charges in Los Angeles and a revived...
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‘It Follows’: Box office curse will only grow
t’s best to be on the lookout for It Follows. The new horror film by director David Robert Mitchell made a big mark during a very limited opening this past weekend — a weekend that featured a Friday...
View ArticleSXSW: Thousands of gigs later, festival is a wrap
Over the last week here, more than 2,200 bands and artists performed more than 3,000 gigs in music halls, bars and even hotel lobbies. And that’s just the official number from South By Southwest....
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‘Furious 7′ revs up record-breaking weekend
Furious 7 didn’t just race to the top of the box office — it lapped the competition. The latest installment in the Fast and Furious franchise sped away with a record-breaking $143.6 million for the...
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Green Day, Ringo rock Hall of Fame ceremony
When the Rock and Roll Hall of Fame induction ceremonies return here every few years to the hall’s spiritual and literal home, music history often ignites. Such was the case Saturday night at the 30th...
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‘Furious 7′ is No. 1 for third straight week
Furious 7 continues to roll at the box office, cruising to victory for the third weekend in a row with $29 million and a domestic total of $294.4 million. The final film of the turbo-charged franchise...
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‘Jurassic’ stomps to No. 1 for second week
Jurassic World continues to chomp into all-time records. The dinosaur blockbuster roared to No. 1 and $102 million in its second week, taking its total to $398.2 million in just 10 days, according to...
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Mario, Nintendo kin jumping into theme parks
While the famed Japanese creator of Mario Bros. and Donkey Kong spent most of his trip to last week’s Electronic Entertainment Expo touting such upcoming Nintendo games as “Super Mario Maker” and “Star...
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HBO Now available for Verizon subscribers
The new standalone streaming service HBO NOW is now available to Verizon broadband customers and coming to wireless subscribers, too. And HBO content will also be on board with Verizon’s upcoming...
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