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Yahoo's rise in Asia offsets risk from Tumblr bet
ReutersSAN FRANCISCO (Reuters) - Yahoo Inc Chief Executive Marissa Mayer's $1.1 billion acquisition of blogging service Tumblr will be a test of her ability to revive the aging Web portal. Luckily for her, her performance may be graded generously. Mayer faces...Tags: Facebook, Google Inc., MySpace, Online Advertising, Online Media Industry
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Dow, S&P end at records on Fed officials' reassurance
ReutersNEW YORK (Reuters) - Stocks rose on Tuesday, with the Dow and the S&P 500 closing at new all-time highs as Federal Reserve officials' comments eased some concerns that the central bank could start reducing its stimulus program. Dow component Home Depot...Tags: Labor Markets, priceline.com Inc., Conservation, U.S. Department of Energy, Rupert Murdoch
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Citing fatigue, director Ang Lee leaves pilot of TV series 'Tyrant'
ReutersLOS ANGELES, May 21 (Reuters) - Oscar winner Ang Lee canceled his plans to direct the pilot of new U.S. television series "Tyrant," saying on Tuesday that he needed to rest after spending four years working on 3D fantasy-adventure film "Life of Pi." Lee,...Tags: FX (tv channel), Entertainment, Satellite and Cable Service, Life of Pi (movie), Homeland (tv program)
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CBS takes key ratings crown for first time in 21 years
ReutersMay 21 (Reuters) - Broadcast network CBS said on Tuesday it won this season's ratings race among the 18-to-49 age group most prized by advertisers, claiming its first victory in that audience in 21 years. CBS, a unit of CBS Corp, snatched the title...Tags: NBC (tv network), ABC (tv network), The Walt Disney Co., Entertainment, Television Industry
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Kelly Rowland, Paulina Rubio join U.S. 'X Factor' judges panel
ReutersLOS ANGELES (Reuters) - Pop singer Kelly Rowland and Mexican singer-actress Paulina Rubio have signed onto "The X Factor" judging panel replacing Britney Spears and music mogul L.A. Reid, the Fox television talent competition produced by Simon Cowell said...Tags: Entertainment Events, Music Industry, United Kingdom, Paula Abdul, Music
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'Star Trek: Into Darkness' beams up $70.1M in opening weekend at box office
LOS ANGELES (AP) — "Star Trek: Into Darkness" didn't warp past its predecessor. The sci-fi sequel directed by J.J. Abrams earned $70.1 million in its opening weekend. The original "Trek" reboot starring fresh faces as the crew of the Enterprise...Tags: The Walt Disney Co., Jack the Giant Slayer (movie), Jurassic Park (movie), G.I. Joe: Retaliation (movie), Twentieth Century Fox Film Corp.
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Yahoo seeks turnaround with $1.1-billion deal to buy Tumblr
SAN FRANCISCO — Yahoo Inc. Chief Executive Marissa Mayer is attempting a bold — and risky — strategy to turn around the struggling Internet giant with the $1.1-billion acquisition of Tumblr, a trendy social blogging service popular...
Tags: France, Online Media Industry, Social Media, Media Industry, Computing and Information Technology Industry
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NBC News looks to Britain for its new president
ReutersBy Liana B. Baker May 20 (Reuters) - Deborah Turness, a former top news editor in Britain, will take over as NBC News' president in August, replacing Steve Capus who left the network in February after eight years. She will report to Pat Fili-Krushel,...Tags: United Kingdom, NBC (tv network), ABC (tv network), Comcast Corporation, Entertainment
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PRESS DIGEST - Wall Street Journal - May 20
ReutersMay 20 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. * New York's top financial regulator subpoenaed a handful of Wall Street investment firms...Tags: United Kingdom, Aubrey K. McClendon, The Wall Street Journal, Time Warner Cable Inc., Anadarko Petroleum Corporation
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'Trek' sequel does $70.6M, but falls short of studio hopes; 'Iron Man 3' tops $1B worldwide
AP Movie WriterLOS ANGELES (AP) — "Star Trek: Into Darkness" has warped its way to a $70.6 million domestic launch from Friday to Sunday, though it's not setting any light-speed records with a debut that's lower than the studio's expectations. The latest voyage...Tags: The Walt Disney Co., Twentieth Century Fox Film Corp., Weather Reports, Sony Pictures Entertainment, Inc., The Fast and the Furious 6 (movie)
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The top films at the North American box office
ReutersMay 19 - Following are the top 10 movies at North American box offices for the three-day weekend starting May 17, led by "Star Trek Into Darkness" at No. 1, according to studio estimates compiled by Reuters. 1 (*) Star Trek Into Darkness.............$...Tags: Warner Bros. Entertainment, Inc., The Walt Disney Co., Twentieth Century Fox Film Corp., The Great Gatsby (movie, 2013), Oblivion (movie)
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CORRECTED-The top films at the North American box office
Reuters(Corrects cumulative total for "The Big Wedding") May 19 - Following are the top 10 movies at North American box offices for the three-day weekend starting May 17, led by "Star Trek Into Darkness" at No. 1, according to studio estimates compiled by...Tags: Warner Bros. Entertainment, Inc., The Walt Disney Co., Family, Twentieth Century Fox Film Corp., The Great Gatsby (movie, 2013)
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