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  • If the cliche is that a best defense is a good offense, in Lionsgate's case, the best defense a bunch of middle-aged action stars.

  • Netflix shares have gained a whopping 185 percent over the past 12 months, but the stock is off from its all-time high it hit recently, now facing analyst downgrades and a slew of changes to the media landscape.

  • Carl Icahn

    Billionaire investor Carl Icahn invested in the energy sector in the second quarter even while pursuing more high-profile targets like Motorola and Lions Gate Entertainment, according to a regulatory filing Monday.

  • Sylvester Stallone in the "The Expendables" which sold $35 million in tickets in its first weekend.

    “The Expendables,” an ensemble action film starring and directed by Sylvester Stallone, took in an estimated $35 million in ticket sales and beat out “Eat Pray Love," reports the NYT.

  • Julia Roberts in Eat, Pray, Love.

    Hollywood loves an established fan-base, and that's exactly what the 9 million people who bought best-seller "Eat, Pray, Love" are.

  • Google

    Today's news that Google is partnering with DirecTV to sell ads for cable networks could have far-reaching implications for Google and the ad business. This could be a win-win-win for Google, DirecTV, as well as advertisers, and it has the potential to shake up Madison Avenue.

  • 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.

  • Hollywood sign

    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?

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    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).

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    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.

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    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.

  • Toy Story 3

    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.

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    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.

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    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.

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    What follows is a roundup of corporate earnings reports for Tuesday, June 1.

  • Carl Icahn

    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.

  • Alan Wake

    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.