Japan's SoftBank is in talks to acquire DreamWorks Animation, the Hollywood studio behind the "Shrek" and "Madagascar" movie hits, a source said.» Read More
District Judge William Pauley III in Manhattan cut a punitive damages award to $750,000 from $7.5 million, and additional aspects of the ruling could reduce the total amount further, according to an attorney for ex-MP3tunes Chief Executive Officer Michael Robertson.
1. "The Equalizer," Sony, $34,137,828, 3,236 locations, $10,549 average, $34,137,828, 1 week. 2. "The Maze Runner," 20th Century Fox, $17,437,020, 3,638 locations, $4,793 average, $57,955,347, 2 weeks. 3. "The Boxtrolls," Focus Features, $17,275,239, 3,464 locations, $4,987 average, $17,275,239, 1 week.
NEW YORK— Flexing his star power, Denzel Washington led the thriller "The Equalizer" to a $35 million debut, according to studio estimates Sunday. "He's the very model of box-office consistency," said Paul Dergarabedian, senior media analyst for box-office tracker Rentrak.
GRAPEVINE, Texas— Gamers rejoice: GameStop is almost doubling its number of seasonal workers this holiday season as it prepares to deal with strong demand for new video games and the new iPhone.
Sept 24- Chinese conglomerate Fosun Group is investing $200 million in U.S. media company Studio 8, a startup led by former Warner Bros executive Jeff Robinov, the Wall Street Journal reported, citing sources familiar with the matter.
*Nanoco shares rise more than 27 pct. Sept 24- Nanoco Group Plc said commercial production of quantum dots, used to make vibrant screen displays, is expected to begin in the first half of next year at a plant in South Korea being built by its partner, Dow Chemical Co..
Sept 22- Sony Corp said PlayStation TV set-top box, which allows users to access movies and TV episodes from the PlayStation store, will hit stores in the United States and Canada on Oct. 14. Sony is trying to expand its entertainment network services to compete against players like Amazon.com Inc..
NEW YORK, Sept 21- Following are the top 10 movies at North American box offices for the three days starting Sept. 19, led by "The Maze Runner," according to studio estimates compiled by Reuters. $2.7 million 8 Teenage Mutant Ninja Turtles........... $2.7 million 9 The Drop...............................
The young-adult adaptation "The Maze Runner" raced to the top of the box-office with $32.5 million.
The 20th Century Fox release easily outpaced the $13.1 million debut of Liam Neeson's hardboiled private eye thriller "A Walk Among the Tombstones" and the $11.9 million opening for the ensemble-cast dramedy "This Is Where I Leave You," according to studio estimates Sunday.
Microsoft has delayed the launch of its Xbox One game console in China. The company said it would be released by the end of the year.
BEIJING, Sept 21- Microsoft Corp has delayed the launch of its Xbox One game console in China, which had been set for release on Tuesday, but the world's biggest software company said it would be released by the end of the year.
NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Rite Aid Corp., down $1.23 to $5.41. Pier 1 Imports Inc., down $2.88 to $12.66.
NEW YORK— A look at the 10 biggest percentage decliners on New York Stock Exchange at the close of trading:. Pier 1 Imports Inc. fell 18.5 percent to $12.66. Rite Aid Corp. fell 18.5 percent to $5.41.
TOKYO, Sept 18- The head of Sony Corp's PlayStation division hopes to raise its profit outlook for this year, in stark contrast to the Japanese electronics firm's mobile business which has forecast deep losses and sent Sony's stock reeling.
TOKYO, Sept 18- Sony Corp's game division head said he hopes the unit can raise its profit outlook for a second time this financial year as sales of the latest PlayStation console and subscription services for games and other content far exceed expectations. Sony had sold more than 10 million PlayStation 4 game consoles as of Aug. 13.
Investors must feeling frustrated after Sony issued another profit warning in he face of smartphone competition from Apple and Samsung.
NEW YORK— More encouraging economic news and friendly signals from the Federal Reserve cheered investors on Thursday, as the stock market climbed to another record high. The gains came a day after the Fed made clear that it's in no hurry to raise a key bank lending rate, easing a major concern for the stock market.
*Sony to forgo dividend- first time since 1958 listing. TOKYO, Sept 18- Sony Corp shares fell more than 10 percent on Thursday in their biggest drop in more than 10 months after the Japanese consumer electronics maker announced deep losses in its smartphone business and scrapped its dividend for the first time since it listed in 1958..
*Sony tumbles to 1- month low on loss estimate. "For the Japanese market, a rise in U.S. interest rates is positive, and the weak yen is serving as a tailwind to major exporters," said Hiromichi Tamura, chief strategist at Nomura Securities, adding that the weak yen should be positive to Japanese manufacturers as far as 125 yen to the dollar.