Stocks posted modest gains Wednesday, but it was enough to propel the Dow and S&P to new 13-month closing highs, as economic data buoyed recovery hopes.

Stocks clawed higher Wednesday after a report showed new-home sales rose more than expected.

Stocks clawed higher Wednesday after a report showed new-home sales rose more than expected.

US stock index futures climbed further Wednesday after a batch of data signaling that the US economy was building on strength but also that the recovery would be gradual.

"The Twilight Saga: New Moon" has set a box-office record for midnight screenings.  Summit Entertainment estimated Friday that it earned $26.3 million after opening early in the morning.

Nicolas Cage is being sued by his former business manager, who claims lavish spending, not his advice, is to blame for the actor's financial problems.

Hard times in Hollywood are bringing about a surge in job applications in the porn business.

Disaster swept the world during the weekend as the apocalyptic movie "2012" registered the biggest opening for a non-franchise movie.

For decades, the Walt Disney Company has largely kept Mickey Mouse frozen under glass. Now, however, concerned that Mickey has become more of a corporate symbol than a beloved character for recent generations of young people, Disney is taking the risky step of re-imagining him for the future.

Best Buy plans to start an online service that allows consumers to buy, rent and download movies and television shows, the electronics retailer said Tuesday.

A cyborg has been sent from the future on a deadly mission to kill Sarah Connor. So begins the sci-fi saga that has stretched over a decade to encompass films, TV programs, toys and countless other spin offs.

The Michael Jackson movie "This Is It" was No. 1 at the weekend box office in the U.S. and around the world but executives were slightly disappointed with its domestic performance.

Streaming movies are coming to the PlayStation 3. Netflix (NFLX) and Sony (SNE) on Monday announced a partnership that will let owners of the gaming system instantly watch roughly 17,000 movies and TV shows.

The likely corporate marriage of Comcast and NBC Universal is not likely to do any better than the merger of AOL and Time Warner, says the New York Times.

Peter A. Chernin, the former president of the News Corporation and one of the most prominent media executives not tethered to a major conglomerate, is advising Comcast in its bid to acquire a majority stake in NBC Universal, according to executives briefed on the matter.