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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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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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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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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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