Entertainment Industry News

Last update: 59 days, 3 hours ago

Leger painting auctioned for more than $39 million in NYC 7 May 08, 23:20 ET AP - Sotheby's auction house says a cubist oil painting by Fernand Leger has been sold in New York for more than $39 million. more TCM Competition 7 May 08, 21:43 ET THE film channel TCM (Turner Classic Movies) honours one of the biggest and best names in the entertainment industry throughout May, the legendary singer and actor Frank Sinatra. more Cablevision to buy Sundance Channel for $496 million 7 May 08, 20:31 ET Reuters - Cablevision Systems Corp said on Wednesday it will buy Robert Redford's Sundance Channel to add the independent film network to its Rainbow Media portfolio of cable movie channels. more News Corp sees economy hurting advertising 7 May 08, 20:27 ET Reuters - Rupert Murdoch said on Wednesday stress in the U.S. economy is squeezing advertising budgets, adding that News Corp's Fox Interactive Media would miss an ambitious $1 billion annual revenue goal by 10 percent. more "Grand Theft Auto" sales top Hollywood movie 7 May 08, 20:21 ET Reuters - Criminal action game "Grand Theft Auto 4" scored over $500 million in global receipts its first week in release, selling over 6 million units to become one of the most lucrative entertainment launches in history. more Q&A with Screen Actors Guild head Alan Rosenberg 7 May 08, 19:20 ET Reuters - Screen Actors Guild President Alan Rosenberg was elected as head of the nation's largest performers' union in 2005 on a pledge to take a tougher stance in labor talks than his immediate predecessor. more Liberty Global posts deeper 1st-quarter loss 7 May 08, 18:39 ET Reuters - International cable group Liberty Global Inc reported a deeper first-quarter net loss on Wednesday due to increased interest and income tax expenses and higher losses on derivative instruments. more ABC News to launch on-campus bureaus 7 May 08, 17:57 ET Reuters - ABC News, looking to bolster its connection with younger viewers, plans to open bureaus this autumn on the campuses of five universities across the United States, the network said on Wednesday. more GTA IV Breaks Entertainment Industry Records, Surprises No One 7 May 08, 17:30 ET GTA IV Breaks Entertainment Industry Records, Surprises No OneGame Reviews, AZ - May 7, 2008The news that we all knew was coming has finally arrived. Impressively, but not shockingly, the New York Times has reported that GTA IV has sold six million ... more News Corp profit rises on cable and TV ratings 7 May 08, 17:12 ET Reuters - Rupert Murdoch's News Corp said on Wednesday its quarterly net profit tripled on higher advertising sales at the Fox TV network and Fox News Channel, as well as a big one-time gain from its stock swap with Liberty Media. more Take-Two's 'Grand Theft Auto IV' tops $500M in week 1 sales 7 May 08, 15:10 ET AP - "Grand Theft Auto IV" raked in more than $500 million in its first week in stores, selling more than 6 million units worldwide, the video game's publisher said Wednesday. more Confronting Violence in the Media and Entertainment Industry 7 May 08, 14:53 ET Confronting Violence in the Media and Entertainment IndustryCanada NewsWire (press release), Canada - May 7, 2008Provincial Conference May 12, 2008 TORONTO, May 7 /CNW/ - Violence in the media is pervasive. The negative and destructive effects of violent music videos, ... more Woerz Tunes Up Plans for Networks 7 May 08, 14:12 ET Craig Woerz has always gravitated toward the entertainment industry. For 15 years, he toured with his band, New Brown Hat, after work and on weekends. The band had some success, playing with such major acts as Neil Young and Blues Traveler, and managed to sell 20,000 CDs. more Cablevision to buy Sundance Channel for $496 mln 7 May 08, 13:44 ET Reuters - Cablevision Systems Corp said on Wednesday it would acquire Sundance Channel from General Electric Co's NBC Universal, CBS Corp's Showtime Networks and entities controlled by Robert Redford, the actor and director. more "Grand Theft Auto" first-week sales top $500 mln 7 May 08, 13:44 ET Reuters - Take-Two Interactive Software Inc scored over $500 million in global sales of criminal action game "Grand Theft Auto 4" in its first week, marking what it called one of the most lucrative entertainment events in history. more New York Times plans small number of layoffs: memo 7 May 08, 12:21 ET Reuters - The New York Times Co plans to lay off a small number of newsroom employees at its flagship newspaper, according to an internal memo sent to staff on Wednesday, after it did not get enough response to a buyout package that aimed to trim 100 positions. more Rant: The Best Congress That The RIAA's Money Can Buy 7 May 08, 04:34 ET The U.S. faces a lot of tough problems right now: skyrocketing fuel and food prices, rampant illegal immigration, an unprecedented housing and credit crisis and a looming meltdown in Social Security and Medicare. So what do the idiots in Congress do? They focus their attention on passing a law for their deep pocketed friends in the entertainment industry. more 24-hour funcast 7 May 08, 03:08 ET "The World of Nat King Cole": "American Masters" looks at Cole's short life, 1919-65, including his fight against racism in the entertainment industry. 9 p.m., WQLN-TV. more Marvel combines superpowers for animated TV "Squad" 7 May 08, 01:08 ET Reuters - On the heels of a $102 million opening weekend for "Iron Man," Marvel Animation is powering up the "Marvel Super Hero Squad." more Hollywood studios, actors break off labor talks 7 May 08, 00:37 ET Reuters - Major studios and the Screen Actors Guild broke off three weeks of contract talks without agreement on Tuesday, stoking fears of renewed Hollywood labor unrest after a 100-day writers strike that ended in February. more

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