The movies make more money than ever. But a lot of it isn't going to traditional players or even staying in Tinseltown.» Read More
*Genting to fund Las Vegas investment with own cash. KUALA LUMPUR, Dec 17- Genting Bhd, Southeast Asia's biggest gaming group, will spend an initial $3 billion to $4 billion to develop an unfinished resort on the Las Vegas strip, as it seeks to build a U.S. empire of casino and leisure assets.
KUALA LUMPUR, Dec 17- Genting Bhd, Southeast Asia's largest gaming and leisure group, will spend $3 billion to $4 billion developing an unfinished resort on the Las Vegas strip, its chief executive said on Tuesday.
WELLINGTON, Dec 16- U.S. film companies 20th Century Fox and Lightstorm Entertainment will make the next three movies in the science fiction "Avatar" series in New Zealand, spending NZ $500 million on live action and visual effects. The agreement comes after the New Zealand government hiked film industry tax rebates to up to 25 percent from the current 15 percent.
TV start-up Aereo said it had turned a profit in some of its markets, and is also looking for broadband partners to pair with its service.
He did not identify the markets, but said cities such as Denver and Detroit were performing well, while the expansion into Miami was disappointing. Aereo was launched in March 2012 at $12 per month in New York and has since expanded to about 10 cities with plans to enter several more next year.
Dec 2- The Chernin Group, former News Corp president Peter Chernin's holding company, said on Monday it had acquired majority control of Japanese anime streaming service Crunchyroll, expanding holdings that include stakes in online video company Fullscreen and mobile entertainment network Scopely.
Katie Couric will join Marissa Mayer's Yahoo next year as global news anchor while continuing her talk show on ABC.
NBCUniversal is close to taking a minority stake in a company being formed by AllThingsD journalists, The Wall Street Journal reported.
Tribune Co plans to cut 700 jobs, or about 6 percent of its workforce, mainly at its newspaper division.
Saudi Arabia's Prince Alwaleed Bin Talal disagrees with activist investors, like Carl Icahn, and revealed where he sees investment opportunities now.
Asian shares rose on Tuesday following another record close on Wall Street, with focus turning to the last day of China's policy meeting.
Some of the names on the move ahead of the open.
Check out which companies are making headlines after the bell Tuesday:
Besides the ousted co-founders, there are a number of other key players who are responsible for growing and running the company now.
U.S. stocks closed mainly down, with Wall Street pausing after a two-session rise.
U.S. stock index futures pointed to a lower open on Wall Street for Tuesday, as uncertainty over the next moves by international central banks weighed on investor sentiment.
Bulls could keep the upper hand in the coming week, even with increasing warning signs that the market could be getting bubbly.
LOS ANGELES, Oct 18- Media mogul Rupert Murdoch was re-elected chairman of Twenty-First Century Fox Inc despite protests from shareholder groups who sought to separate the chairman and chief executive positions of the family-dominated company.
LOS ANGELES, Oct 18- Media mogul Rupert Murdoch defied efforts to oust him from the helm of his family-dominated company, as shareholders re-elected him chairman of newly-created Twenty-First Century Fox Inc despite protests from shareholder groups about the adoption of the company's poison pill.
Sony announced that it has created a new one-hour psychological thriller for Netflix that will begin production early next year, WSJ reported.