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The Hollywood Reporter - Business
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The latest news and information from the Hollywood Reporter
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Vivid: A new business model for porn
How the adult-entertainment company stole a page from Hollywood using superheroes and celebrities to dominate L.A.’s $13 billion porn business. Also, Montana Fishburne: "I'm getting acting offers."
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'Red Dead Redemption' boosts Take-Two Q3
Take-Two Interactive Software proved on Thursday that it's more than a one-trick pony by earning a profit without having to rely on its workhorse franchise, "Grand Theft Auto."
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AOL, Google extend search pact
Online giants Google Inc. and AOL on Thursday unveiled a five-year renewal of a long-standing search alliance and said they are expanding it to include mobile search and online video site YouTube.
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Two investors out of Miramax deal
Morgan Creek Prods. founder James Robinson, who had eyed a role as a major investor in Miramax Films, along with construction magnate Ron Tutor and private equity firm Colony Capital, is out of the deal as is another investor, the LA Times reported.
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Reliance Broadcast proposes capital infusion
$88 mil plan to boost CBS partner in India
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Disney, TWC still working on carriage deal
Walt Disney and Time Warner Cable continued working on a new carriage agreement for ABC, ESPN and other Disney cable networks even as their previous arrangement expired as of 12:01 a.m. EST on Thursday.
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SAG workers reject wage-increase offer
In a vote Tuesday night, unionized SAG employees turned down a contract offer from the guild that featured 2% annual wage increases over the next three years.
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B.O. hits shift Lionsgate from stable to positive
Box office success with "The Expendables" and "The Last Exorcism" has helped convince Moody's Investors Service to lift its debt rating for Lionsgate from stable to positive.
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Mediator hired for Tribune bankruptcy talks
Tribune's drawn-out bankruptcy proceedings will get an assist from a court-appointed mediator, the company said Wednesday.
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Fox News' Roger Ailes sees pay cut
News Corp. chairman and CEO Rupert Murdoch's total compensation rose slightly to $22.7 million for the company's fiscal year that ended in June, even though his performance-based bonus fell 20%.
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Vivendi raises 2010 goals, maintains dividend
Europe's largest telecom and entertainment group Vivendi raised its annual profit targets after posting first-half forecast-beating results, boosted by its new Brazilian telecoms unit and video games.
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Summer movie-ticket sales fall 6% from 2009
Despite big hits like "Toy Story 3," summer 2010 won't set a box-office high, and fewer tickets have been sold than in any swimsuit season in more than a decade.
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'Modest' eligibility increases for SAG health plan
In an online notice this week, the trustees of the SAG health plan announced that they intend to raise the plan's minimum eligibility requirements
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Icahn increases bid for Lionsgate
Carl Icahn has lifted his hostile takeover bid for Lionsgate to $7.50 per share to take control of the mini-studio and replace its top management.
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Mediacom founder withdraws bid for company
Rocco Commisso, the founder, chairman and CEO of small cable operator Mediacom Communications, has withdrawn his offer to purchase all of the shares of Mediacom that he does not currently own.
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Ex-Hewlett-Packard boss off News Corp board
Former Hewlett-Packard chairman and CEO Mark Hurd has not been nominated for another term on News Corp.'s board, according to a regulatory filing.
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Rogers & Cowan acquires PR company THPR
Rogers & Cowan has acquired the public-relations firm THPR, run by Tej Bhatia Herring, who is joining the company as vp of the personalities group.
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Time Warner Cable, Disney near carriage deal
Time Warner Cable and Disney appear close to a new carriage pact, meaning subscribers won't miss USC's season opener Thursday against Hawaii.
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Robust TV ad market expected through 2010
Despite troubling indicators that suggest the economic recovery might have lost forward momentum, media buyers and network executives are confident that the TV advertising marketplace will remain robust through year's end. After that, it's anyone's guess.
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Michael Riley named ABC Family president
Former Turner and Radio Disney executive Michael Riley has been named the new president of ABC Family.
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