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Warner Bros. Inks $450 Million Deal With Ratner Consortium
Tuesday, October 1, 2013 - 12:38pm | 330Read More...The top grossing studio of 2013 entered a financing deal with a three-person consortium that includes one familiar face. According to The Wall Street Journal, Warner Bros. (NYSE: TWX) has finalized a $450-million funding deal with RatPac-Dune Entertainment LLC. The group includes noted producer-...
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'Despicable Me 2' Flourished While 'The Lone Ranger' Flopped Over the July 4 Weekend (DIS)
Monday, July 8, 2013 - 8:41am | 574Read More...Two films that opened over the July 4 holiday weekend had drastically different results along with drastically different budgets. One movie scored big and one will likely find company with the biggest Hollywood flops ever. First, the winner. “Despicable Me 2” brought in $142.1 million from...
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'Despicable Me 2' Tramples Over 'The Lone Ranger' (CMCSA, DIS)
Friday, July 5, 2013 - 10:07am | 467Read More...In a war of minions and super villains versus Johnny Depp and the great grandson of an oil tycoon, moviegoers have made it clear who they will choose. Despicable Me 2, produced by Comcast's (NASDAQ: CMCSA) Universal Pictures, has already earned more than three times as much money as its nearest...
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What Can $250 Million Buy Facebook?
Wednesday, June 13, 2012 - 2:47pm | 264Read More...Facebook (NASDAQ: FB) may have spent $1 billion on Instagram, but that doesn't mean the company isn't willing to part with another bag of cash. This time, the bag is filled with $250 million. According to Business Insider, Facebook is interested in buying Wildfire Interactive, a company that...
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YouTube Expands Movie Rentals
Friday, October 7, 2011 - 10:39am | 266Read More...Now British YouTube lovers have another way to rent their favorite films. Google (NASDAQ: GOOG) is continuing its plans for video streaming domination with the launch of movie rentals in England, TechCrunch reports. “Back in May we brought new release movies and more for rent to YouTube in the...
