Latest business News

  1. News Corp. Reports 71 Percent Quarterly Profit Gain

    News Corp. Reports 71 Percent Quarterly Profit Gain

    1:22 pm PST 2/8/2012
    • Paul Bond
    Number of comments:

    Movies and television make up for weak publishing results -- as well as an $87 million charge for a hacking scandal -- at the media conglomerate. Read more

  2. THR, Esq.
    Hollywood Docket: MovieTickets.com Sues AMC; Tabloid Journalism's EU Legal Victory; Porn Copyrights

    Hollywood Docket: MovieTickets.com Sues AMC; Tabloid Journalism's EU Legal Victory; Porn Copyrights

    1:15 pm PST 2/8/2012
    • Eriq Gardner
    Number of comments:

    A roundup of the news from the world of entertainment and media law. Read more

  3. Berlin 2012: Star-Studded Projects Open Hot Movie Market

    Berlin 2012: Star-Studded Projects Open Hot Movie Market

    12:33 pm PST 2/8/2012
    • Pamela McClintock
    • Scott Roxborough
    Number of comments:

    The European Film Market gets under way with a cascade of high-profile projects. Read more

  4. Gary Busey Files for Bankruptcy, Has Less Than $50,000

    Gary Busey Files for Bankruptcy, Has Less Than $50,000

    11:59 am PST 2/8/2012
    • THR Staff
    Number of comments:

    The actor owes more than $500,000 to various creditors, but doesn't have the asssets to cover it according to his Chapter 7 filing Tuesday. Read more

  5. Berlin 2012: Magnolia Takes U.S. Rights To 'Emergo'

    10:23 am PST 2/8/2012
    • Scott Roxborough
    Number of comments:

    The horror thriller is the latest from the team behind “Buried” and “Red Lights.” Read more

  6. THR, Esq.
    Former College Athletes Denied Access to TV Sports Contracts (Exclusive)

    Former College Athletes Denied Access to TV Sports Contracts (Exclusive)

    10:20 am PST 2/8/2012
    • Eriq Gardner
    Number of comments:

    But NCAA president Mark Emmert will be speaking under oath next month about discussions to pay college athletes. Read more

  7. Murdoch's News Corp. Phone Hacking Scandal: Steve Coogan Settles Case for $66,000

    Murdoch's News Corp. Phone Hacking Scandal: Steve Coogan Settles Case for $66,000

    5:40 am PST 2/8/2012
    • Mimi Turner
    Number of comments:

    The actor is one of 15 phone-hacking victims who accepted damages from News International at the High Court on Wednesday. Read more

  8. Madison Square Garden Quarterly Results Drop Amid Delayed NBA Season Start

    Madison Square Garden Quarterly Results Drop Amid Delayed NBA Season Start

    5:17 am PST 2/8/2012
    • Georg Szalai
    Number of comments:

    The company's New York Knicks played only six pre-season and regular season games in the latest quarter, compared with a combined 40 games in the year-ago period. Read more

  9. Berlin 2012: Foresight Unlimited Boards Denzel Washington, Mark Wahlberg Starrer '2 Guns'

    Berlin 2012: Foresight Unlimited Boards Denzel Washington, Mark Wahlberg Starrer '2 Guns'

    4:46 am PST 2/8/2012
    • Scott Roxborough
    Number of comments:

    Foresight is pre-selling the $90 million action comedy in Berlin. Read more

  10. Time Warner Reports Nearly Unchanged Fourth-Quarter Earnings, Beats Expectations

    Time Warner Reports Nearly Unchanged Fourth-Quarter Earnings, Beats Expectations

    4:08 am PST 2/8/2012
    • Georg Szalai
    Number of comments:

    UPDATED: The entertainment conglomerate, led by CEO Jeffrey Bewkes, posted a record profit year for its studio as the company raised its dividend by 11 percent and unveiled a new stock buyback program. Read more

  11. THR, Esq.
    Judge Dismisses Lawsuit Claiming Widespread Theft of Reality Show Ideas

    Judge Dismisses Lawsuit Claiming Widespread Theft of Reality Show Ideas

    11:05 pm PST 2/7/2012
    • Eriq Gardner
    Number of comments:

    Fox, NBC, and various top reality show producers beat a man alleging that the ideas behind many TV shows were lifted from his plan. Read more

  12. Watch Video Clint Eastwood Super Bowl Ad Parodied By Rush Limbaugh (Video)

    Clint Eastwood Super Bowl Ad Parodied By Rush Limbaugh (Video)

    6:51 pm PST 2/7/2012
    • Paul Bond
    Number of comments:

    The talk-radio host and some Internet filmmakers are having a field day with the legendary actor's "It's Halftime in America" commercial. Read more See All Videos

  13. Disney May Impose a 28-Day Wait on DVD Rental Services

    Disney May Impose a 28-Day Wait on DVD Rental Services

    5:48 pm PST 2/7/2012
    • Paul Bond
    Number of comments:

    Chief Executive Bob Iger says "Redbox and a lot of these services" will have to adhere to a new window or get their DVDs elsewhere. Read more

  14. Study: 'Conservative' Movies Make More Money Than 'Liberal' Movies (Exclusive)

    Study: 'Conservative' Movies Make More Money Than 'Liberal' Movies (Exclusive)

    4:59 pm PST 2/7/2012
    • Paul Bond
    Number of comments:

    Patriotism and traditional values, like those displayed in "Thor," "The Artist," "Soul Surfer" and "Hugo," are what moviegoers want, says a group that will honor such films at an awards gala Friday. Read more

  15. Berlusconi to Face Charges in New Trial

    Berlusconi to Face Charges in New Trial

    4:50 pm PST 2/7/2012
    • Eric J. Lyman
    Number of comments:

    The fourth ongoing trial for the billionaire tycoon alleges he leaked secret government information to the newspaper run by his brother Paolo Read more

  16. Yahoo Chairman and Three Others Quit the Board

    Yahoo Chairman and Three Others Quit the Board

    4:09 pm PST 2/7/2012
    • Paul Bond
    Number of comments:

    The move continues a shakeup that has already led to a new CEO and the resignation of co-founder Jerry Yang. Read more

  17. THR, Esq.
    Art Collector Dean Valentine Pays to Settle High-Profile Royalties Lawsuit (Exclusive)

    Art Collector Dean Valentine Pays to Settle High-Profile Royalties Lawsuit (Exclusive)

    3:10 pm PST 2/7/2012
    • Eriq Gardner
    Number of comments:

    Artist Mark Grotjahn gets what he was owed under a California law in a closely watched case. Will other big-name artists get the same from art collectors and auction houses? Read more

  18. Avid Reports Improved Bottom Line in Fourth Quarter

    2:11 pm PST 2/7/2012
    • Georg Szalai
    Number of comments:

    Revenue declined though from $195.3 million to $185.3 million. Read more

  19. Univision Adds Discovery CEO David Zaslav, Televisa Top Executive to Board

    Univision Adds Discovery CEO David Zaslav, Televisa Top Executive to Board

    2:04 pm PST 2/7/2012
    • Georg Szalai
    Number of comments:

    Jose Baston Patino, president of television and content for key Univision investor and content partner Grupo Televisa, will represent the Mexican broadcaster on the company's board. Read more

  20. Disney Grows Quarterly Net Income By 12 Percent

    Disney Grows Quarterly Net Income By 12 Percent

    1:42 pm PST 2/7/2012
    • Paul Bond
    Number of comments:

    UPDATED: The conglomerate says the studio and interactive entertainment are the two segments that didn't grow revenue in the most recent quarter. Read more

Global Grosses

Weekend of 02/03/12
1
Mission: Impossible - Ghost Protocol
Global Grosses
Weekend
$24.3M
Cume
$420.8
2
Would I Lie to You?
Weekend
$14.7M
Cume
$14.7
3
Journey 2: The Mysterious Island
Weekend
$14.1M
Cume
$41.5
4
Chronicle
Weekend
$12.9M
Cume
$12.9
5
Underworld Awakening
Weekend
$11.6M
Cume
$58.0
6
The Descendants
Weekend
$11.1M
Cume
$44.7
7
Sherlock Holmes: A Game of Shadows
Weekend
$9.2M
Cume
$310.8
8
Intouchables
Weekend
$8.4M
Cume
$229.2
9
Jack and Jill
Weekend
$8.1M
Cume
$40.9
10
The Girl With the Dragon Tattoo
Weekend
$7.9M
Cume
$99.3
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Top DVD Sales

Week ending 01/29/12 Source: Nielsen VideoScan
1
Real Steel
Top DVD Sales
Studio
Disney
Rank Last Week
new
2
50/50
Studio
Summit
Rank Last Week
new
3
Courageous
Studio
Sony
Rank Last Week
1
4
Moneyball
Studio
Sony
Rank Last Week
4
5
Paranormal Activity 3
Studio
Paramount
Rank Last Week
new
6
The Ides of March
Studio
Sony
Rank Last Week
2
7
Abduction
Studio
Lionsgate
Rank Last Week
3
8
The Hangover Part II
Studio
Disney
Rank Last Week
8
9
Dolphin Tale
Studio
Warner
Rank Last Week
10
10
The Help
Studio
Warner
Rank Last Week
6

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  1. 'New Girl': Lamorne Morris Replaces Damon Wayans Jr. in Fox Comedy

    Rather than recast Coach, Morris will play a new character debuting in Episode 2 of the Zooey Deschanel series. Read more

  2. Two Obama Hollywood Fundraisers Set for Soap Opera Titan's Holmby Hills Estate

    Actor Will Ferrell and his wife will co-host a $35,800-per-person dinner at the home of Bradley and Colleen Bell on Feb. 15, with a concert on the lawn sc.... Read more

  3. Disney Acquires Controlling Stake in India's UTV

    Diversified entertainment group spans broadcasting network to film studio, enhancing Disney's position as a major content player in India. Read more

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