Saturday, June 30, 2012

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Saturday, June 30, 2012 12:04 AM PDT
Today's Entertainment - Reuters Celebrity/Gossip News Headlines - Yahoo! News:
CBS, "Happy Days" actors in settlement talks: sources
Fri,29 Jun 2012 05:55 PM PDT
Reuters -

File photo of Marion Ross, best known for her role in the television series "Happy Days", in HollywoodLOS ANGELES (Reuters) - CBS Corp is in settlement talks with cast members of the popular 1970's TV show "Happy Days" to end a legal dispute over revenues from the sitcom's merchandise, an agreement that could have broad ramifications for how TV actors are compensated. Representatives for the actors, who include Anson Williams, Marion Ross, Don Most, Erin Moran and the widow of Tom Bosley, began negotiations with CBS after a California judge ruled earlier this month that their case could go forward, according to two people with knowledge of the talks who asked to remain anonymous. ...


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"Deliverance": Of dunking and dummies 40 years on
Fri,29 Jun 2012 05:53 PM PDT
Reuters -

Actor Reynolds is photographed in Los AngelesLOS ANGELES (Reuters) - Forty years after "Deliverance" enthralled movie audiences and made Burt Reynolds a star, the lead actors gathered in Los Angeles this week to recall the film shoot that left them soaked on good days, and nearly took their lives on bad ones. Shot in merciless river rapids in the wilderness of Georgia "Deliverance", starring Reynolds, Jon Voight, Ned Beatty and Ronny Cox, was the tale of four Atlanta suburbanites who decide to test their mettle on a disastrous canoe trip. ...


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Stolen Dali painting mailed back to New York gallery
Fri,29 Jun 2012 05:33 PM PDT
Reuters - NEW YORK (Reuters) - A Salvador Dali painting stolen last week from a New York City gallery was mailed back in pristine condition, police said on Friday. Glimmers of hope had been raised earlier this week when the gallery received a brief email message by an unknown person, saying the 1949 ink and watercolor "Cartel de Don Juan Tenirio" is "on its way back to you already," police said. The package was mailed from a location in Europe, and bore a phony sender name and address, according to Deputy New York Police Commissioner John McCarthy. ... Full Story
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Charlie Sheen's TV show sets cable audience record
Fri,29 Jun 2012 03:05 PM PDT
Reuters -

Actor Sheen arrives at the Hollywood FX Summer Comedies Party in Los Angeles, CaliforniaLOS ANGELES (Reuters) - Charlie Sheen may have lost a man and a half, but the bad boy actor has rebounded from last year's television debacle with a record-setting audience for his new TV comedy. More than 5.4 million U.S. viewers watched the debut episode of "Anger Management" on FX on Thursday night according to audience ratings data, making it was the most-watched, scripted comedy series debut in primetime cable TV history. ...


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Seth Rogen waltzes to a dramatic beat in new movie
Fri,29 Jun 2012 01:51 PM PDT
Reuters -

Actor Seth Rogen and wife Lauren Miller arrive at the 2012 Vanity Fair Oscar party in West HollywoodLOS ANGELES (Reuters) - He's better known for big studio comedies like "Superbad" and "Pineapple Express", but Seth Rogen strays from his beaten path when he stars in the low-budget comedy-drama "Take This Waltz". Directed by Canadian actress/filmmaker Sarah Polley, and opening in U.S. theaters on Friday, the movie sees Rogen starring opposite Michelle Williams, who is better known for dramatic roles in films like "Blue Valentine". ...


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Savannah Guthrie replaces Curry as "Today" co-host
Fri,29 Jun 2012 01:45 PM PDT
Reuters -

Savannah Guthrie co-hosts NBC's 'Today' show in New YorkNEW YORK (Reuters) - Savannah Guthrie will replace Ann Curry as co-host of NBC's "Today" Show, NBC announced on Friday, a day after Curry made an emotional early exit from one of America's most high-profile television slots. Guthrie, 40, who previously served as co-host of the morning program's third hour, will join Matt Lauer in the main hosting chairs in a shake-up of the show's line-up aimed at curbing a recent decline in ratings, the network said. "She's got an undeniable range, and she's earned the trust of the news community, her colleagues and our viewers alike. ...


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New "Spider-Man" spotlights brooding Peter Parker
Fri,29 Jun 2012 01:07 PM PDT
Reuters -

Garfield poses at the premiere of "The Amazing Spider-Man" at the Regency Village theatre in Los AngelesNEW YORK (Reuters) - He's been in comics, cartoons, on TV and in movies, but when Spider-Man swings into theaters next week for new film "The Amazing Spider-Man," its makers bring out a more brooding and human web-slinger than fans have seen before. Director Marc Webb, known for low-budget film romance "500 Days of Summer," explores not just the origin of how Peter Parker becomes crime-fighting superhero Spider-Man. ...


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Katie Holmes finds Tom Cruise is "Mission: Impossible"
Fri,29 Jun 2012 01:01 PM PDT
Reuters -

Actor Tom Cruise and his wife, actress Katie Holmes, arrive at the 2012 Vanity Fair Oscar party in West HollywoodLOS ANGELES (Reuters) - Actress Katie Holmes has filed for divorce from her superstar husband Tom Cruise, ending a six-year marriage that produced one daughter and captivated celebrity watchers worldwide. Holmes filed papers in New York City on Thursday, citing irreconcilable differences and seeking sole custody of the couple's six-year-old daughter Suri in a move that came "out of the blue" for the "Mission: Impossible" actor, said one source with knowledge of the situation. The source said Cruise is out of the country filming a movie in Iceland and the filing came as a surprise. ...


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U2 bassist's aide found guilty of stealing from him
Fri,29 Jun 2012 12:27 PM PDT
Reuters -

Lead singer Bono of Irish rock band U2 performs with Adam Clayton during their 360 Degree Tour at King Baudouin Stadium in BrusselsDUBLIN (Reuters) - A former personal assistant to U2 bassist Adam Clayton was found guilty on Friday of stealing 2.8 million euros ($3.5 million) from the musician to fund a lavish lifestyle. Carol Hawkins, 48, from Dublin, was convicted in a unanimous jury verdict after an 18-day trial at Circuit Criminal Court in the Irish capital. Prosecutors said she stole from two of Clayton's bank accounts between 2004 and 2008. ...


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The Flaming Lips break record for most shows in 24 hours
Fri,29 Jun 2012 11:58 AM PDT
Reuters -

Wayne Coyne of The Flaming Lips performs at the taping of the third annual VH1 Rock Honors: The Who concert in Los AngelesLOS ANGELES (Reuters) - Oklahoma rockers The Flaming Lips broke the Guinness world record for most shows performed in 24 hours this week, taking the title from previous record holder Jay-Z. The band performed eight shows in eight different U.S. cities, kicking off in Memphis, Tennessee on Wednesday, playing through Mississippi and finishing in New Orleans, Louisiana on Thursday. Front man Wayne Coyne posted a picture on Twitter on Thursday with a certificate from Guinness World Records after the band's fast-paced tour that viewers were able to watch live online as part of the O Music Awards. ...


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Singer Lauryn Hill pleads guilty to evading taxes
Fri,29 Jun 2012 11:56 AM PDT
Reuters -

Singer Lauryn Hill performs on center stage at the Coachella Valley Music & Arts Festival in Indio, CaliforniaNEWARK, New Jersey (Reuters) - Grammy-winning singer Lauryn Hill pleaded guilty in federal court in Newark, New Jersey, on Friday to three counts of failing to file federal income tax returns. Hill, 37, a hip hop singer and rapper best known as a former member of the Fugees and for a Grammy-winning 1998 solo album, pleaded guilty to failing to file federal returns between 2005 and 2007, despite earning an income of more than $1.8 million primarily from film and recording royalties. Each count carries a maximum penalty of one year in prison and a $100,000 fine. ...


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Islamists must cement democracy, novelist says
Fri,29 Jun 2012 11:42 AM PDT
Reuters - PARIS (Reuters) - Islamist governments which were swept to power in the Arab Spring uprisings must ensure that democracy becomes firmly rooted across the region, novelist Amin Maalouf said on Friday. "The people who have come to power must now be made responsible," the French-Lebanese writer told Reuters. "We have to firstly tell them that they have the responsibility to preserve democracy and human rights and, secondly, to succeed." "It's always easy to criticize in opposition, but when you're in power you have to deliver. ... Full Story
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British singer Adele is pregnant with first child
Fri,29 Jun 2012 11:42 AM PDT
Reuters -

Adele reacts as she holds her award for best British album of the year during the BRIT Music Awards at the O2 Arena in LondonLOS ANGELES (Reuters) - British Grammy-winning singer Adele is expecting her first child with boyfriend Simon Konecki, the singer said on her official website on Friday. "I'm delighted to announce that Simon and I are expecting our first child together. I wanted you to hear the news direct from me. Obviously we're over the moon and very excited, but please respect our privacy at this precious time," she wrote. Adele, 24, and Konecki, who is divorced, have been dating since January. ...


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Celine Dion sued by employee for overtime violations
Fri,29 Jun 2012 11:39 AM PDT
Reuters -

Singer Celine Dion listens to a question from a reporter following her opening night performance at the Colosseum at Caesars Palace in Las VegasLOS ANGELES (TheWrap.com) - Celine Dion is being sued by a former employee who claims that he was illegally denied overtime compensation by the singer, and says that there are other people in Dion's employ who've been similarly stiffed. In a complaint filed in U.S. District Court in Florida, Keith Sturtevant, who says that he worked for Dion and her husband Rene Angelil in Florida from 2009 until this June, claims that he never received overtime compensation while working for the couple, despite the fact that he "routinely worked in excess of 40 hours per work week for Defendant's benefit. ...


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AMC adds "Dark Knight Rises" midnight shows to meet demand
Fri,29 Jun 2012 11:37 AM PDT
Reuters -

Director Christopher Nolan introduces a clip from "The Dark Knight Rises" at the 2012 MTV Movie Awards in Los AngelesLOS ANGELES (TheWrap.com) - Everyone knew that "The Dark Knight Rises" was going to be huge, but just how big... well, that's up for debate. It is way too premature to declare Christopher Nolan's final Batman film a blockbuster on the level of "Avatar" and "The Avengers," but news Friday that the country's second largest theater chain, AMC, is adding more midnight showings to meet demand, signals it could hit those rarified heights. ...


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Strauss-Kahn and wife have separated: source
Fri,29 Jun 2012 11:29 AM PDT
Reuters -

Former IMF chief Strauss-Kahn and wife Sinclair arrive at Charles-de-Gaulle airport in Roissy near ParisPARIS (Reuters) - Former International Monetary Fund chief Dominique Strauss-Kahn, who is facing a probe into his alleged involvement with a prostitution ring in France, and his wife have separated, a source said. Anne Sinclair, a wealthy heiress who recently relaunched her media career as a news editor at the Huffington Post's French edition, and Strauss-Kahn separated about a month ago and they are living in separate residences in Paris, said the source, who is close to Strauss-Kahn. ...


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Talent agencies bet on digital as film and TV falter
Fri,29 Jun 2012 11:10 AM PDT
Reuters - NEW YORK (TheWrap.com) - As film slates shrink and DVD sales decline, Hollywood talent agencies have increased their investment in digital and social ventures to make up for falling profits from shrinking star salaries. In the last two months alone, three major developments have accelerated the pace. To begin, the CAA-backed mobile gaming company, Moonshark, launched its first game. Second, WME made a seven-figure investment in the social video company, Chill. Also, UTA added social media superstar FourSquare to its client roster. ... Full Story
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Vivendi shake-up sets off asset sale frenzy
Fri,29 Jun 2012 11:09 AM PDT
Reuters - PARIS (Reuters) - Three months ago, Vivendi's veteran chief executive Jean-Bernard Levy, under fire for a slumping stock price, said asset sales were "not taboo". Now he has quit, the French group could be looking at a more dramatic shake-up than he could have imagined. Video game maker Activision Blizzard and Maroc Telecom head up the list of candidates for sale, analysts and bankers said, but his successors could now also mull a Murdoch-style split of the business into a telecom and media arm. ... Full Story
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L.A. pilot fee waiver proposal comes at tough time
Fri,29 Jun 2012 10:56 AM PDT
Reuters - LOS ANGELES (TheWrap.com) - Two Los Angeles City councilmen want to see the fees for location shoots waived for next year's TV pilot production season. The proposal - which took its first step with the passage of a fiscal impact request by a council committee Wednesday - couldn't come at better time for the TV industry, which has seen a number of productions forsake Southern California for other cities. ... Full Story
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Perry should be hiding after "Madea's Witness Protection"
Fri,29 Jun 2012 10:41 AM PDT
Reuters -

Cast member Eugene Levy arrives for the New York premiere of Tyler Perry's "Madea's Witness Protection" in New YorkLOS ANGELES (TheWrap.com) - Viewers who are unfamiliar with the Madea movies may be tempted to lump them all together, but not all of these films are created equal. Behold the slippery slope that has brought us from the best one so far, last year's "Madea's Big Happy Family," to the very worst, "Madea's Witness Protection." Despite his love of possessory credits, Tyler Perry is not what one might call the most disciplined filmmaker working today, but even by his standards, this is a slipshod, lazy and seemingly thrown-together piece of work. ...


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More than $2 million for "Ted," "Magic Mike" in midnight shows
Fri,29 Jun 2012 10:08 AM PDT
Reuters -

Cody Horn poses at the premiere of "Magic Mike" during the Los Angeles Film Festival in CaliforniaLOS ANGELES (TheWrap.com) - It's a very adult weekend at the box office, but based on the impressive midnight grosses for "Magic Mike" and "Ted," moviegoers are in the mood for some R-rated entertainment. "Ted," the raunchy comedy from "Family Guy" enfant terrible Seth MacFarlane, scored $2.6 million in its late night showings. The Universal film racked up those sizable numbers in 1,090 theaters. And the midnight crowd was also appreciative of Channing Tatum's bump and grind drama. "Magic Mike" grossed just over $2 million in 1,100 locations. ...


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Before the Door Pictures to open HollyShorts film fest
Fri,29 Jun 2012 09:53 AM PDT
Reuters - LOS ANGELES (TheWrap.com) - The 2012 HollyShorts Film Festival will launch on August 9 with the theatrical premiere of "PERIODS.," a series of improvised comedy films from Before the Door Pictures, the production company run by Zachary Quinto, Neal Dodson, Corey Moosa and Sean Akers. The Brooklyn-based "PERIODS.," series was created by Victor Quinaz and Anna Martemucci, and has been described on Quinto's website as a realm "where historic context and accurate period dress mixes with an extremely modern style of comedy." Although the films are available at the PERIODS. ... Full Story
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High court won't consider FCC media ownership rules
Fri,29 Jun 2012 08:01 AM PDT
Reuters - WASHINGTON (Reuters) - The Supreme Court on Friday rejected challenges to the Federal Communication Commission's U.S. media-ownership rules, longtime limits on cross-ownership of a newspaper and a broadcast outlet in a single market The justices refused to hear appeals by Media General Inc, by broadcast and newspaper groups and by a broadcasting trade group arguing that the Supreme Court should reconsider past precedents that broadcast "scarcity" justified the ownership restrictions under the Constitution's First Amendment. ... Full Story
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High court agrees no indecency fine for CBS "wardrobe malfunction"
Fri,29 Jun 2012 07:47 AM PDT
Reuters - WASHINGTON (Reuters) - The U.S. Supreme Court on Friday let stand a lower court decision to throw out a federal agency's $550,000 indecency fine against CBS Corp for airing singer Janet Jackson's "wardrobe malfunction" during the 2004 Super Bowl broadcast. Jackson's right breast was briefly exposed to almost 90 million TV viewers after singer Justin Timberlake ripped off part of her bustier during a halftime show performance. CBS was fined $27,500 for each of the 20 stations it owned. ... Full Story
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Sony group wins U.S. approval to buy EMI music publishing
Fri,29 Jun 2012 07:40 AM PDT
Reuters -

A logo of Sony is pictured at an electronic store in TokyoWASHINGTON (Reuters) - The Federal Trade Commission has approved a Sony-led consortium's purchase of EMI Music Publishing, without having to make any divestitures, the FTC said on Friday. U.S. antitrust regulators gave the nod to the $2.2 billion deal in a brief letter to the companies. The agency is expected to issue a decision in coming months on a related and more controversial deal -- Universal Music's plan to buy EMI's recorded music catalog from Citigroup Inc for $1.9 billion. ...


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Gold medal for winning hearts? British royals
Fri,29 Jun 2012 07:33 AM PDT
Reuters -

Britain's Zara Phillips, granddaughter of Queen Elizabeth, attends the Cheltenham Festival horse racing meet in GloucestershireLONDON (Reuters) - As top athletes gain followers ahead of the London Olympics, another elite group starring at the Games is also rising in popularity - Britain's royal family - following a tradition for the Olympics to strengthen bonds between royalty and the people. Queen Elizabeth, who is enjoying her highest level of public satisfaction in 20 years following her Diamond Jubilee celebrations this month, will open the Olympics on July 27 and her equestrian granddaughter, Zara Phillips, is competing. ...


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Media General to record charge on sale of newspapers
Fri,29 Jun 2012 06:33 AM PDT
Reuters - (Reuters) - Broadcaster and publisher Media General Inc said it will record a charge of $105 million to $115 million in the second quarter following the sale of some of its newspapers. Media General agreed in May to sell 63 daily and weekly newspapers to World Media Inc, a unit of Berkshire Hathaway Inc, for $142 million. It completed the sale earlier this week. The sale did not include newspapers in Media General's Tampa, Florida division. ... Full Story
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Dish subscribers set to lose "Mad Men"
Fri,29 Jun 2012 05:58 AM PDT
Reuters -

Actors from the show "Mad Men" visit the New York Stock Exchange to ring the opening bell in New York(Reuters) - Dish Network Corp, the second-largest U.S. satellite TV company, said it will replace three AMC Networks channels from Saturday following a dispute over higher programming fees. Dish will replace AMC channels IFC, WE and AMC with HDNet, HDNet Movies and Style channels, leaving its 14 million subscribers blacked out from TV shows such as "Mad Men" and "The Walking Dead". The company said it notified AMC Networks earlier this year of its decision not to renew its contract due to the channels' high costs compared with relatively low viewership. ...


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Big NBC slate may hurt new shows' chance to score
Fri,29 Jun 2012 05:02 AM PDT
Reuters -

NBC sign on the General Electric building in New York(Reuters) - NBC plans to premiere 16 new shows in prime time starting this fall, by far the biggest crop of launches for any network for the next TV season and one of the biggest new slates in recent years. The large number of new shows is a function of the network's status as the ratings cellar-dweller among the big four broadcast networks - the others are CBS, News Corp's Fox, and Walt Disney Co's ABC. But the amount of new shows also has the potential to overwhelm viewers. "You are dividing your attention so many more ways. It's like having 10 children instead of two. ...


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U.S. "Genius" visa attracts entrepreneurs and Playmates
Thu,28 Jun 2012 10:12 PM PDT
Reuters -

Playboy magazine founder Hugh Hefner and girlfriends Anna Sophia Berglund and Shera Bechard arrive at the Society of Singers annual dinner in Beverly HillsSAN FRANCISCO (Reuters) - Shera Bechard, the Canadian-born former girlfriend of Playboy Enterprises founder Hugh Hefner, would not be an obvious candidate for the special visas that the U.S. government reserves for "individuals with extraordinary ability." Playboy magazine named Bechard Miss November in 2010, and she also started an online photo-sharing craze called "Frisky Friday." Neither seems quite on the level of an "internationally recognized award, such as a Nobel Prize," which the government cites as a possible qualification. ...


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Entire "Community" cast returning next season
Thu,28 Jun 2012 05:21 PM PDT
Reuters - LOS ANGELES (TheWrap.com) - "Community" creator Dan Harmon might have been shown the door, but rest assured - when the doors open at Greendale Community College once again, the on-air talent will all be aboard. Yes, and that includes Chevy Chase - who famously criticized the direction in which Harmon had led the series with a well-publicized, sharp-tongued phone message. The entire "Community" cast has been secured for the fourth season of the NBC sitcom, which will surely bring a sigh of relief to fans who weren't even sure if there would be a fourth season a couple of months ago. ... Full Story
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"Think Like a Man" sequel in the works
Thu,28 Jun 2012 05:20 PM PDT
Reuters - LOS ANGELES (TheWrap.com) - Screen Gems is moving ahead with a sequel to last spring's surprise box office hit "Think Like a Man," the company said Thursday. The follow-up to the relationship comedy will be written by Keith Merryman and David A. Newman, the team behind the first film. "Think Like a Man" chronicled the romantic travails of four couples and boasted an ensemble cast that included Taraji P. Henson ("The Curious Case of Benjamin Button"), Jerry Ferrara ("Entourage") and talk show host Wendy Williams. ... Full Story
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"Ted" versus "Magic Mike" in battle of the sexes
Thu,28 Jun 2012 04:36 PM PDT
Reuters - LOS ANGELES (TheWrap.com) - There could be a lot of couples splitting up and then meeting back in the lobby after the movie this weekend. Both Warner Bros.' "Magic Mike" and Universal's "Ted" are tracking very strongly - with one gender. Channing Tatum's male strippers appear to have the female market locked, though current box office champ "Brave" could factor in. And Seth MacFarlane's potty-mouthed teddy bear looks very big with men. Whether either will be able to dislodge "Brave" from its perch remains to be seen. ... Full Story
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"Magic Mike" never quite takes (it) off
Thu,28 Jun 2012 04:34 PM PDT
Reuters -

McConaughey and Pettyfer pose at the premiere of "Magic Mike" during the closing night of the Los Angeles Film Festival at the Regal Cinemas in Los AngelesLOS ANGELES (TheWrap.com) - Steven Soderbergh's "Magic Mike" brings to mind the old joke about non-dairy creamer - we know what it isn't, but what is it? If you're expecting a sexy and voyeuristic peek into the world of muscular dancers taking off their clothes for roomfuls of rowdy women (i.e., the movie that the ads and trailers are selling), you'll be disappointed at how lackluster and, ultimately, repetitive the stripping sequences are. ...


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France's Strauss-Kahn, wife have separated: media
Thu,28 Jun 2012 04:08 PM PDT
Reuters -

Former IMF head Strauss-Kahn and Pupponi, Deputy Mayor of Sarcelles arrive at a polling station in the second round of the 2012 French presidential elections in SarcellesPARIS (Reuters) - Disgraced former IMF chief Dominique Strauss-Kahn and his wife have separated, as his legal battles run on over a New York sex assault case and his alleged involvement with a prostitution ring, weekly magazine Closer reported on Thursday. Anne Sinclair, a wealthy heiress who recently relaunched her media career as a news editor at the Huffington Post's French edition, threw Strauss-Kahn out of their home in central Paris a month ago and the two are living separately, the magazine said. The magazine did not cite any sources for the story that appeared in its online edition. ...


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More songwriters among Oscar rule changes
Thu,28 Jun 2012 03:53 PM PDT
Reuters - LOS ANGELES (TheWrap.com) - The Academy's Board of Governors made several minor changes to Oscar rules in its annual review of those rules this week, but it left intact the controversial system that produces a variable number of Best Picture nominations. The board's changes include the Original Song category, in which the Music Branch Executive Committee can now recommend that a fourth songwriter be credited for a nominated song. For the past six years, the number of nominees for any song had been limited to two, or in special circumstances to three. ... Full Story
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Cee Lo Green snags role in "Can a Song Save Your Life?"
Thu,28 Jun 2012 03:52 PM PDT
Reuters -

Cee Lo Green performs with Madonna performs during the halftime show in the NFL Super Bowl XLVI football game in Indianapolis(Reuters) - Cee Lo Green will share the big screen with Keira Knightley, Mark Ruffalo, Hailee Stanfied and Catherine Keener in the upcoming John Carney film "Can a Song Save Your Life?" The film's cast also includes Green's fellow "The Voice" coach, Adam Levine. Production stars Monday in New York on the Exclusive Media project. Green will play Troublegum, a "very successful hip hop star," Exclusive Media said. "Can a Song Save Your Life?" stars Knightley and Levine as a couple that moves to New York to pursue their passion for music. ...


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The CW releases its fall premiere schedule
Thu,28 Jun 2012 03:49 PM PDT
Reuters - LOS ANGELES (TheWrap.com) - The CW will kick off its fall 2012 premiere slate on October 2 with the season two premiere of the Rachel Bilson drama "Hart of Dixie," while the overprivileged scandal-mongers of "Gossip Girl" will begin their sixth and final run on October 8. Meanwhile, the network's slate of new series starts off with the series premiere of the superhero drama "Arrow" on October 10. The network revealed its fall premiere schedule Thursday, with returning favorites such as "90210" and "The Vampire Diaries" being represented alongside new offerings such as "Emily Owens, M.D. ... Full Story
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Village Roadshow receives $275 million cash infusion
Thu,28 Jun 2012 03:44 PM PDT
Reuters - LOS ANGELES (TheWrap.com) - Village Roadshow Entertainment Group has closed a $380 million recapitalization that includes a $275 million infusion of new capital, the company announced Thursday. The funding is part of a 6-year equity arrangement with Trinity Opportunities Limited, arranged in conjunction with Hong Kong-based Shikumen Capital Management. The funds will be used to boost the Australia-based company's initiatives in China and bolster its balance sheet. "This recapitalization will ... facilitate the strategic growth of our film production business both in the U.S. ... Full Story
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WikiLeaks' Assange defiant over UK police request
Thu,28 Jun 2012 03:37 PM PDT
Reuters -

WikiLeaks founder Julian Assange speaks at a news conference in LondonLONDON (Reuters) - WikiLeaks founder Julian Assange said it was almost certain he would not leave his embassy refuge on Friday to enter a British police station as part of his extradition process to be questioned in Sweden about sex-crime allegations. Assange has been holed-up in Ecuador's embassy in London since he made a surprise application for political asylum last week. On Thursday, British police summoned Assange to a London police station, demanding he leave the embassy. ...


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