REPORT: SEC PROBING STUDIO DEALS WITH CHINA
April 25, 2012 by admin · Leave a Comment
On the heels of reports that at least three Hollywood studios have made major breakthroughs with China, effectively lifting the quota on the number of films that are shown there and entering into coproductions worth tens, or even hundreds, of millions of dollars, Reuters is reporting that the Securities and Exchange Commission wants the studios […]
WITH ABDUCTION TANKING, LIONSGATE WARNS OF BIG LOSSES
This weekend’s failure of Abduction made it three money losers in a row for Lionsgate, and the mini-studio wasted no time in filing a report with the Securities and Exchange Commission saying that, as a result, it now expects to lose $40-50 million in the current quarter. The filing is required by the SEC in […]
NEWS CORP AGREES: HACKERGATE SCANDAL COULD HURT
August 15, 2011 by admin · Leave a Comment
In their regulatory filings with the Securities and Exchange Commission, companies tend to make far more conservative comments about their projected growth than they do when they cannot be held to account for them. And nowhere did that disparity seem more glaring than in News Corp’s annual report, filed with the SEC today (Monday), in […]