Business

Tuesday, March 18, 2014

Viacom and Google settle legal battle over YouTube

Viacom and Google have agreed to bury the hatchet, ending a seven-year landmark legal battle over YouTube. The companies announced today they had agreed to settle Viacom’s $1 billion dollar copyright infringement against Google out of court. Google has fought the case vigorously and one official says it has cost the search engine giant $100 million. Viacom filed the lawsuit […]
Friday, March 14, 2014

Time Warner in trouble with city of Los Angeles and Dodger fans

Time Warner Cable is in deep, deep trouble in the Southland. Today L.A. City Attorney, Mike Feuer, announced the filing of a multi-million-lawsuit against the area’s largest cable provider. The suit alleges the cable giant has “stiffed” the city of Los Angeles $10  million in franchise fees at a time when it was raking in billions from its customers. “That money […]
Thursday, March 13, 2014

Hollywood Deals: March 13, 2014

FilmNation has snatched up the hot spec script, “Aether,” and putting it on the fast track. Not much is being released about the screenplay, but FilmNation is crowing about the acquisition. “I’m astounded by the level of talent and inventiveness we’ve come across from such a young voice,” said FilmNation production president, Aaron Ryder, on Deadline. “We’re terribly excited to produce […]
Thursday, March 13, 2014

How Target ignored early warnings and got hacked

You would think if a company went to the trouble and money to install a security procedure it would be followed,  but apparently, that was not the case with Target. The giant retailer got hacked last fall, during the kick-off to the holiday season, and data for40 million customer credit cards were stolen. But it didn’t have to happen. Months […]
Wednesday, March 12, 2014

“Pretty Woman” movie to be revived as a Broadway musical

On New Year’s Day, director Garry Marshall, rode on the award-winning Burbank Rose float, “Lights! Camera! Action!,” weeks later, he’s reportedly in New York working on turning one of his movie hits into a Broadway musical. Marshall and producer Paula Wagner are said to be meeting with potential composers, lyricists, and directors for a “Pretty Woman” stage production, according to the New […]
Tuesday, March 11, 2014

Cartoon Network offers up some classics and newbies

The Cartoon Network, introduced its new line-up of programs yesterday and the list includes original animation and the reboot of some classic cartoons starring familiar characters like Scooby-Doo, Bugs Bunny, and Tom and Jerry. Among the new programs, a miniseries called “Over the Wall” with voices from Elijah Wood (Lord of the Rings Trilogy), Collin Dean (The War at Home) and […]
Monday, March 10, 2014

“300: Rise of an Empire” slays the competition at box office

The bloody actioner, “300: Rise of an Empire,” slayed the competition to become the number one movie in the country. The final numbers are out today and they show, “300: Rise of an Empire,” won the domestic box office race with a debut of $45 million. This is the sequel to the successful battle film, “300”(2006),  about 300 brave Spartans […]
Tuesday, March 4, 2014

Facebook reportedly buying drone company for $60 million

The social media network with the deep pockets, Facebook,  seems to be on a buying spree. Last month, Facebook bought the mobile messaging service, WhatsApp,for $19 billion. There’s now  a lot of chatter on the Internet about Facebook negotiating to buy New Mexico-based, Titan Aerospace, for $60 million, according to TechCrunch. Titan Aerospace produces solar-powered drones, which can stay up […]