Tuesday, December 1, 2020

ANOTHER DISTRACTION FOR MURDOCH: AMOUNT HE PAID FOR DAUGHTER’S FIRM

August 17, 2011 by · Leave a Comment 

Of the $675 million paid by News Corp to acquire Elisabeth Murdoch’s production company, Shine Group, Ms. Murdoch herself pocketed $214 million, the Los Angeles Times reported today (Wednesday), citing News Corp’s annual SEC filing. In addition, $60 million of the sale price was put in escrow to “satisfy any indemnification obligations” should they be […]

BLOCKBUSTER SLASHES RENTAL RATES

May 27, 2011 by · 1 Comment 

Blockbuster, which was recently acquired by satellite operator DISH Network, is at last doing what many analysts had been urging it to do for years — compete with rivals like Netflix and Redbox on price. It announced on Thursday that beginning today (Friday) it is lowering the prices of thousands of videos to 99 cents […]

2010 A TERRIBLE YEAR FOR MOVIE ATTENDANCE

January 3, 2011 by · Leave a Comment 

Fewer movie tickets were sold in 2010 than in any year since 1996, veteran box-office tracker Paul Dergarabedian said Sunday. Attendance dropped 5.4 percent from last year, the worst drop since 2005, when it dropped 8.1 percent, he noted. Total receipts however, were only slightly below last year, due in large part to 3D surcharges, […]