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‘Bollywood Oscars’ held in Florida

Florida saw a flow of celebrities and dignitaries from India and the United States for the “Bollywood Oscars” that were hosted in Florida after the event was hosted in an effort to create deeper ties...

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Amazing Spider-Man 2 predicted $100 million domestic opening, nets $132...

The Amazing Spider-Man 2 has had a overseas weekend of $67.2 million and has brought its global earnings up to $132 million a weekend before its release in China and North America. The spidey sequel...

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Craig Ferguson leaves CBS’ ‘Late Late Show’

Craig Ferguson, the Late Late Show host, told his studio audience during Monday’s taping of the show that he will be leaving the talk show in December. Ferguson’s announcement came weeks after David...

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Studio stocks rise ahead of blockbuster filled summer

Following the better-than-expected quarterly earnings results by the Studios and a summer full of expected massive box office hits, the Wall Street investors are watching the studio stocks with immense...

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Porche sued over Paul Walker crash

In the crash that killed Fast & Furios actor Paul Walker, the widow of the driver who was driving the Porche sports car has sued the auto maker on Monday and has claimed that the design flaws in...

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The Amazing Spider-Man 2 thrives for two straight weeks

The Amazing Spider-Man 2 had a massive opening day start of $91 million at the box office and two weeks after the released the movie has held on to a steady second place with $2.90 million earnings at...

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Neighbours scores big on opening day

Neighbours has welcomed a $34.4 million from a day-and-date opening in 29 overseas territories that led the film to an estimated $85.5 million global debut. The comedy that stars Seth Rogen and Zac...

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Godzilla scores big on opening weekend

Gozilla recorded a massive opening weekend as the monster movie stomped across the screens worldwide through a box office opening of $193.3 million. The haul has been marked as the biggest opening...

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X-Men sequels takes the throne from Godzilla at box office

X-Men: Days of Future Past, the latest edition of the X-Men movies in the Marvel Comics series about mutants with super powers has had a massive opening at the United States and Canadian box office...

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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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Fox revenue up 17% on hit movies, cable affiliates

Twenty-First Century Fox, the media company that owns Fox networks and film studios, said Wednesday its fiscal fourth quarter net income fell 1.1% to $966 million as it incurred acquisition-related...

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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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