Toy maker Hasbro is bringing the Monopoly board game to the silver screen, in a movie about a boy's quest to make his fortune and avoid jail time.» Read More
Stocks skidded Friday after disappointing reports on jobs and factory orders.
Stocks turned firmly lower Friday after a disappointing report on factory orders. The market had wobbled at the start as investors digested the June jobs report.
Dead in the water: box office futures trading, years in the making, won't even launch. That's what Cantor Exchange is saying after securing approval from the Commodities Futures Trading Commission for its box office revenue derivatives.
Billionaire investor Carl Icahn's offer to buy up shares of Lions Gate for $7 a share expires on Wednesday. What must you know?
Lionsgate stock gained 3.9 percent today as it was added to the Russell 2000 index, effective as of the end of trading. The company's shares finished the week at $7.27, which is notable, considering that Carl Icahn's tender offer is priced at $7 a share. Icahn controls 31.8 percent of shares (as of his tender deadline last Wednesday).
As Lionsgate battles Carl Icahn's takeover attempts, the studio has secured a waiver from its lenders, led by JP Morgan Chase, removing the risk of default.
Welcome back, Woody and Buzz. After a decade-plus absence from theaters, the animated heroes of "Toy Story 3" sold $153.8 million worth of tickets during their opening weekend at the worldwide box office, according to estimates issued Sunday by distributor Walt Disney.
After a disappointing Memorial Day weekend, Hollywood is still waiting for hit movies to energize ticket sales and box office receipts, reports NYT.
Watch for companies to use Europe as an excuse for poor guidance. But if that doesn't happen, and it turns out the negative news has already been priced into equities, get ready to rally.
If the video game world were following its normal cycle, console makers would be revealing details of their next generation systems in less than two weeks. This cycle is anything but normal, though – and so at this year’s Electronic Entertainment Expo (E3), game makers will instead chart a new path.
Tuesday afternoon Lionsgate issued its fiscal fourth quarter and full-year earnings results, following on the higher EBITDA earnings it pre-released five weeks early in the heat of the battle with Carl Icahn.
What follows is a roundup of corporate earnings reports for Tuesday, June 1.
Today he announced he's extended his $7 a share tender offer for Lionsgate—for the third time. Instead of expiring this evening, his tender offer will now expire at 8 pm on June 1. This comes just days after Lionsgate and Icahn sat down for talks on alternative options, talks that don't seem to have gone anywhere.
Stalled by the recession and companies who were initially hesitant to sink part of their advertising budgets into an untested medium, in-game advertising is coming of age—and it could finally live up to its potential as a significant revenue generator.
Hollywood is in the spotlight in Washington D.C.: today the CFTC hosted a hearing on controversial box office futures. Should people be able to trade expectations of box office performance just like they trade pork bellies or orange juice futures? The CFTC already approved two futures exchanges designed to trade box office derivatives; next month it faces deadlines to approve the proposed contracts.
A number of hedge fund heavyweights showed their hands as 13-F filings begin to hit the tape. Following are the moves that the Fast Money traders find noteworthy.
This is just the latest in the ongoing battle between the movie studio and Carl Icahn, who's attempting to take the company over for $7 a share. After facing a major setback last week Icahn isn't giving up without a fight.
The ongoing battle between corporate raider Carl Icahn and Lionsgate has yielded yet another update. The movie studio issued a release saying that its shareholders rejected Icahn's offer to buy the company's common shares for $7 per share.
The saga involving Lions Gate and Carl Icahn keeps twisting and turning. Get the latest, right here and right now!
Forget the dramas they produce on screen, the real life drama involving Lions Gate and Carl Icahn is worthy of a movie, all its own!