Business Archives - Page 47 of 57

Monday, November 8, 2010

By Fronnie Lewis Monday, November 8, 2010

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Breaking News: A new Michael Jackson song — is it real or fake?

A cut from a new soon-to-be-released Michael Jackson album hit the airways and the Internet today and already there’s a controversy. The song, “Breaking News,” has the funky beat and sound of a King of Pop track — but is the voice that of the late superstar? That is the much-debated question today. Sony Records is releasing the album,”Michael,” next month on December 14, and reportedly has […]

Sunday, November 7, 2010

By Fronnie Lewis Sunday, November 7, 2010

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SAG & AFTRA reach a tentative agreement with Hollywood producers

Some good labor news in Tinseltown. Early this morning it was announced a tentative deal on a new contract had been reached with the Screen Actors Guild, the American Federation of Television and Radio Artists, and the Hollywood producers. Talks began on Monday, September 27, between the actors’ representatives and the Alliance of Motion Picture and Television Producers. During a marathon bargaining session over […]

Wednesday, October 20, 2010

By Fronnie Lewis Wednesday, October 20, 2010

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Another big bucks deal for Magic Johnson

Ex-NBA Star, Magic Johnson, must have some major plans in the works. The Los Angeles Times is reporting Johnson recently sold his 105 Starbuck franchises back to the parent company. Earlier this week it was announced, the former Laker superstar, unloaded his ownership interest in the Lakers. Both deals are worth around $100 million, according to the Times. More on Johnson’s wheeling and dealing here.

Tuesday, October 19, 2010

By Fronnie Lewis Tuesday, October 19, 2010

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Lakers lose some magic

Former Laker Superstar, Earvin “Magic” Johnson, is no longer part owner of the NBA champion Lakers. Sad, but true. Yesterday, the team announced Johnson had sold his ownership share to Dr. Patrick Soon-Shiong, a 25-year season-ticket holder, local businessman, and philanthropist. Johnson reportedly bought his share for $10 million in 1994. No official word on what it sold for, but according to […]

Sunday, October 17, 2010

By Fronnie Lewis Sunday, October 17, 2010

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“Jackass 3D” makes huge haul at the Box Office

Two new adult films debuted at the top of the Box Office, outperforming expectations. Leading the way, “Jackass 3D,” a crude comedy, that packed theaters and earned an estimated $50 million, to become the new number one film in the country. This is the third installment of the “Jackass” series and is based on the TV series (2000-2002). The movie has no real plot, […]

Thursday, October 14, 2010

By Fronnie Lewis Thursday, October 14, 2010

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Halloween haunted house business booming

The sluggish economy is still a fright, but thrill seekers are throwing down a lot of bucks at Halloween haunted house attractions this season. Across the country, haunt houses are doing a bang-up business. In Pennsylvania, the haunted house “PennHurst Asylum” reportedly caused a traffic jam when it opened a short while ago. The number of Americans planning a scary visit to […]

Saturday, October 9, 2010

By Fronnie Lewis Saturday, October 9, 2010

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News, Politics & Issues

Governor signs new budget with deep cuts for the needy Finally, following weeks no months of haggling, the state has a new budget. My relief over the passage of the budget is tempered by Governor Arnold Schwarzenegger’s last minute act of cruelty and elitism. After a hard fought compromise in the legislature, the governor used his line veto to slash more than $960 million from […]

Monday, October 4, 2010

By Fronnie Lewis Monday, October 4, 2010

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ShowBiz Bits

Hot Hollywood Movie Deal I thought it was a bizarre combination when the novel came out last spring: President Abraham Lincoln and vampires. No matter. Hollywood is hot to take this property to the big screen. Several studios were bidding on the project, but over the weekend, 20th Century Fox came out the victor, according to Nikki Finke & Mike Fleming […]

Sunday, October 3, 2010

By Fronnie Lewis Sunday, October 3, 2010

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“The Social Network” most popular at Box Office

The story of Internet social network juggernaut, Facebook, pulled in the most moviegoers at theaters this weekend. “The Social Network” debuted with an estimated $23 million to become the number one film in the country. The drama is loosely based on Ben Mezrich’s book, “The Accidental Billionaires” (2009). The story centers on how Mark Zuckerberg, as a young Harvard University undergraduate, founded Facebook in […]