Sunday, December 12, 2010

Glass Lewis urges Lions Gate holders reject Icahn nominees - Entertainment News

LOS ANGELES Dec 9 (Reuters) - Influential proxy advisory
firm Glass Lewis recommended that Lions Gate Entertainment Corp
(LGF.N) shareholders reject all of Carl Icahn's board nominees,
said a source familiar with the matter.
Watch Entertainment News Online

Harrah's folds on IPO and puts spotlight on PE - Casino

LOS ANGELES/NEW YORK (Reuters) - Casino company Harrah's Entertainment Inc folded on a planned $500 million initial public offering on Friday, raising questions about the the fate of other private equity-backed companies waiting to list in the United States.
The official end to Harrah's bid to become public comes as private equity firms are looking to exit portfolio companies bought at the height of the buyout boom of 2005 to 2007.
Private equity-backed hospital operator HCA Inc, U.S. retailer Toys R Us and Nielsen Holdings, whose viewership ratings often determine the fate of TV shows have all filed with U.S. regulators to list as publicly-traded companies in the United States.
The market for new issues in the United States is bustling -- on Thursday, one-time blue-chip General Motors Co (GM.N) made a triumphant return to Wall Street with a $20.1 billion offering, the biggest in U.S. history -- but investors have historically been more critical of private equity-backed companies, which typically have higher levels of debt.
Harrah's stood out for its heavy leverage, analysts said. The company's net tangible book value before the IPO was a negative 27.74 cents, said David Menlow, president of IPOfinancial.com, an independent research firm.
"The debt structure of the company was a little too much for investors to handle," he said.
On Thursday, sources familiar with the matter told Reuters the planned listing of about 9.3 percent of the world's largest casino operator by revenue was being delayed due to concerns that the price range -- $15 to $17 a share -- was too high.
Harrah's, in a statement Friday announcing the IPO had been scrapped, cited difficult market conditions. Analysts noted a chillier reception to private equity-backed offerings.
INDUSTRY HIT HARD
The economic downturn has hit the casino industry hard, with many companies having trouble keeping up with high debt loads. Like many of its peers, Harrah's has been restructuring its debt; earlier this year it issued new notes to pay off debt that was maturing this year and in 2011.
Harrah's, controlled by Apollo APOLO.UL and TPG Capital TPG.UL, filed for the IPO in August.
In recent months, the IPO market has been less than hospitable to private equity-backed debuts. For example, Dutch chipmaker NXP Semiconductors NV (NXPI.O), which was backed by private equity firms including KKR and Bain and debuted in August, is currently trading at $12.90, 7.9 percent below its IPO price.
Apollo and TPG bought Harrah's in a $31 billion leveraged buyout in early 2008, just as the global financial crisis erupted.
Harrah's, which is changing its name to Caesars Entertainment Corp, has since seen its financial position erode. It posted a net loss of $165 million in the third quarter.
Watch Casino Online

Saturday, December 11, 2010

Ellen DeGeneres would be best holiday party guest: poll - Celebrities

NEW YORK (Reuters Life!) - Americans would invite comedian Ellen DeGeneres to a holiday party, take a vacation with actor George Clooney and ask first lady Michelle Obama to decorate their Christmas tree, a survey released on Thursday suggests.
The first lady got 38 percent of the vote among Americans asked who should decorate their home for the holidays, followed by former vice presidential candidate Sarah Palin with 22 percent, according to the study conducted for HomeGoods stores.
Given a list of celebrities to select from, 39 percent of Americans picked DeGeneres as their No. 1 cocktail party guest, followed by comedian Whoopi Goldberg with 29 percent and talk show hosts Kelly Ripa with 21 percent and Kathie Lee Gifford with 11 percent.
As for a holiday getaway, 43 percent said they would like to spend a day at Clooney's Lake Como villa in Italy, 27 percent chose Oprah Winfrey's Santa Barbara estate, 20 percent picked the French chateau of actors Brad Pitt and Angelina Jolie and 11 percent liked rapper Jay-Z and singer Beyonce's New York City home, it said.
Following the first lady and Palin on the decorating wish list, Playboy founder Hugh Hefner got 16 percent, comedian Joan Rivers 13 percent and entertainer Lady Gaga 11 percent.
Watch Celebrities Online

Friday, December 10, 2010

First Look at 40 MPG Hyundai Elantra - Magic

by Christopher DeMorro
40 mpg is the new magic number when it comes to small cars, and the battle lines are being drawn. The latest entry comes from Hyundai, whose new 2011 Elantra gets 40 mpg, on the base model.
Last week GM was the one making waves with its Chevy Cruze Eco, which set the bar at 42 mpg on the highway. It is a lofty number requiring a number of aerodynamic improvements such as a front grille shutter and lowering the ride height, as the Cruze Eco does. The Elantra, which looks great, also manages to get 29 mpg, which is one better than the Eco. While Hyundai hasn't released pricing for the 2011 Elantra the Cruze Eco is priced at $18,995. The current Elantra starts at about $14,145, and prices shouldn't go up too drastically, meaning the Elantra will have a price advantage over the Eco that ought to make up for that 2 mpg discrepancy.
Under the hood, the 2011 Elantra gets a 1.4 liter engine that makes 148 horsepower and 131 ft-lbs, the same neighborhood as the Cruze. There are going to be just two trim levels initially, GLS and Limited. Even the base model GLS gets power windows, remote keyless entry, six airbags and four disc brakes. Limited models get bigger 17" wheels, fog lights, sunroof, and leather just about everywhere. The Elantra also weighs just 2,661 pounds for the GLS, and just over 2,700 for the Limited, making it quite the light car. Style didn't suffer though, and I really dig the "flowy" lines. More details will emerge after its official L.A. Auto Show debut.
There are also rumors that the new Elantra might get a "touring" edition featuring a hatchback. Of course there is always the possibility of a hybrid or Eco Elantra as well. 45 mpg Hyundai anyone?
Watch Magic Online

Ugandan president draws fire for copyrighting rap - Radio Stations

KAMPALA (Reuters) - A row has broken out in Uganda over an attempt by President Yoweri Museveni to copyright a "rap" he performed that has become a smash hit on the African country's radio stations and in its nightclubs.
The ageing leader took to the stage at two party rallies over the last few months and performed two children's folk chants from his birthplace in Western Uganda - Naatema akati (I cut a stick) and Mp'enkoni (Give me the stick).
Record producers then began mixing the performance with hip-hop beats and audio of Museveni telling the crowd that young people had told him about rap music.
The song was named, "You want another rap?" after a question Museveni shouted at the rallies and it quickly began appearing for sale in capital Kampala.
The east African country is due to hold elections in February, seen as a test of democracy for the country. Museveni, a former cattle herder and student activist in power since 1986, could face his stiffest challenge yet if the opposition coalition holds together.
An application lodged by Museveni's lawyers for exclusive rights to the song has drawn fierce criticism from the president's opponents, some of whom say he is trying to cash-in on the huge number of Ugandans using it as a ringtone.
"Nobody, not the President, not me has the right to copyright folk chants," Mwambustya Ndebesa, a history lecturer at Kampala's Makerere University, told Reuters.
"They should belong to everybody, not be used for political capital."

� Continued...
The relations between First Quantum and the Democratic Republic of Congo have gone from bad to worse in recent months, after the country expropriated the miner’s $765 million Kolwezi copper tailings project in September. � Blog�
When some of the most influential figures in emerging markets finance spoke to a group of Reuters editors, they were asked about top picks for growth beyond the so-called BRIC countries of Brazil, Russia, India and China.� Blog�
The giggles started when the seventh journalist in a row said that his question was for Egypt’s water and irrigation minister, Mohamed Nasreddin Allam.� Blog�
It has debt levels to die for and huge amounts of oil, but economically it’s lagging and political concerns remain. Speakers at a Libyan trade and investment forum this week saw the North African country as a mixed bag.� Blog�
If Guinea can pull off free and fair elections this weekend, it will lay the foundations for what could be one of Africa’s most unexpected and significant good news stories.� Blog�
Africa is providing a lot of fine material for the London theatre these days.� Blog�
Watch Radio Stations Online

Thursday, December 9, 2010

Week in review: Call of Duty Black Ops shows games can beat movies - Movies

Here’s our roundup of the week’s tech business news. First, the most popular stories VentureBeat published in the last seven days:
Review: Call of Duty Black Ops shows games can beat the drama and action of movies — The continuous improvement of this game series shows something that fans have long known. Video games are as good at telling stories and conveying artistic themes as movies, books, or music.
Apple’s Wozniak calls Android the winner in smartphone race — Oh Woz, we love it when you shoot from the hip.
Can the internet bring down the TSA’s new enhanced pat-down search, also known as “touch my junk”? — Would-be traveler John Tyner has become a cause célèbre on the internet because he refused to subject himself to what he considered to be invasive body searching at the San Diego airport.
Steve Perlman shows off OnLive’s disruptive MicroConsole (video) — We talked to OnLive’s chief executive about its games-on-demand system.
Google investor John Doerr: Zynga is our best company ever — Doerr, the legendary Silicon Valley venture capitalist, gave high praise to Zynga, the leading social game company, saying it was one of the best investments his firm had ever made
And here are five more articles we think are important, thought-provoking, fun, or all of the above:
Battle for your texts: Facebook Messages vs. Kik mobile chat — Now that we’ve seen Facebook’s new messaging service, it’s clearly not the threat to email we previously thought. But the new messaging service could pose a problem for the hot mobile chat startup Kik, which we’ve covered extensively.
Confirmed: Accel sold Facebook shares at $34B valuation — Looks like it isn’t just employees who are cashing out on their Facebook shares.
Microsoft and Cisco throw down the gauntlet for living room teleconferencing — Cisco’s Umi teleconferencing camera for home living room use and the Microsoft Kinect motion controller have more in common than you might think.
Why Texas may be a better electric car state than California — When power plant heavyweight NRG Energy announced that it would invest $10 million in the rollout of the nation’s first privately-finance electric vehicle charging network, it also revealed that the city it would debut in would be … Houston, Texas. Um, what?
Developers: Get ready for your closeup in VentureBeat’s Mobile App Spotlight — Are you an app developer with a creation that’s ready for the klieg lights? VentureBeat has partnered with Intel to provide a new showcase for your mobile app: VentureBeat’s Mobile App Spotlight.
Companies: Accel Partners, Apple, Cisco, Facebook, Google, Kik, Microsoft, NRG Energy
Watch Movies Online

Factbox: Japan's 2022 World Cup bid - Sci Fi

(Reuters) - Facts and figures relating to Japan's bid to stage the 2022 World Cup finals:
Bid motto: 208 Smiles! Inspired by the fact that FIFA has 208 member countries.
Why are they bidding?
Co-hosting the 2002 World Cup with South Korea was viewed as a compromise solution by both countries, who have made no secret of their wish to go it alone next time and Japan's stadiums and infrastructure are second to none.
Best soccer moment: Qualifying for their first World Cup finals in 1998.
Best-known footballers: Scudetto-winning Hidetoshi Nakata was Japan's most recognizable footballer until his shock retirement after the 2006 World Cup. Former Celtic midfielder Shunsuke Nakamura and Moscow-based Keisuke Honda have since filled that role.
Previous World Cup performances: Co-hosts in 2002 and have appeared in the last four tournaments. Reached the last 16 in 2002 and this year.
Main stadium for 2022: Plans are underway for a new 80,000-seater main stadium on the outskirts of Japan's second city Osaka.
Best points: Most of the stadiums are already in place and still in mint condition from the 2002 tournament. Japan is widely seen as having the world's best rail and road networks, and is a world leader in technology.
Possible drawbacks: Having successfully staged the World Cup finals as recently as 2002, Japan may be overlooked if FIFA opts against triggering friction with Asian rivals and 2002 co-hosts South Korea by diplomatically overlooking both.
Legacy point: Japan will have to build only one stadium and plans to beam matches on to giant, 3-D, hologram-style screens as one of many sci-fi projects during the tournament.
What they say: Junji Ogura, president of the Japan Football Association (JFA): "It's very difficult to predict who will win the vote. It will be a real scramble."
Bookies' odds: 33-1.
Population: 127 million
Number of clubs: The JFA has 28,818 clubs registered at all levels, 37 of which are professional teams in the J-League first and second divisions.
FIFA World Ranking (November 2010): 30th
Trivia fact: JFA president Junji Ogura said a World Cup bid would be unlikely if Tokyo failed to land the 2016 Olympics. The city lost out to Rio de Janeiro but made a bid for the World Cup anyway. The country will also host the 2019 rugby World Cup.
Watch Sci Fi Online

Wednesday, December 8, 2010

The Curling Network? Don't count on it - Game Shows

NEW YORK (Reuters) - After a stretch that has seen the creation of TV networks dedicated to the NFL, Major League Baseball, NBA and NHL, it is easy to wonder what's next.
A gymnastics channel? A cycling channel? How about a TV network devoted to curling, the sport of brooms and rocks most often seen during the Winter Olympics?
"It's hard to see that there's room for too many more (sports) networks," said Philippe Dauman, chief executive of Viacom Inc. "Pretty much everything that's out there today is covered."
Indeed, Dauman and other top executives speaking this week at the Reuters Global Media Summit warned that after a period of huge expansion the field of sports TV channels is in serious danger of becoming overcrowded.
The explosive growth in dedicated sports networks, as well as the ubiquity of sports on Walt Disney's ESPN and regional channels owned by News Corp's Fox and others, could extend to the U.S. Olympic Committee and World Wrestling Entertainment.
Both are eyeing creating their own networks down the road -- and for good reason. Leagues and sports properties see the potential that comes with strengthening a rabid fan base across the country while raking in the advertising dollars.
However, with rising sports programing costs sparking a chorus of complaints, count News Corp Chief Operating Officer Chase Carey among those skeptical that more sports networks can be sustained.
"People are carrying that a dimension too far," he said at the Reuters summit. "Everybody falls in love with it.
"You've had decades where it's been a quantity game and everybody's adding," he added. "You're actually now heading to a quality game and as you have more choice you really want to figure out how do you have quality channels as opposed to a strewn level of niche channels."
Viacom's Dauman said his MTV and Spike networks will schedule more sports-related shows, but launching a dedicated network is not in the cards.
"When people complain about the increase in programing costs, we have to recognize that a very large part of that is related to sports," Dauman added.
Disney's TV chief, Anne Sweeney, would prefer the leagues and teams ask themselves whether they can do a better job building their brands than her company's ESPN sports network.
"A key consideration is can I do for my fans what ESPN has traditionally done for their fans," she said.
Even Tony Petitti, chief of MLB Network, which had the most successful launch in cable TV history last year at 50 million U.S. homes, thinks any sport should first work to ensure broad distribution.
Watch Game Shows Online

Line dancing: good for that achy breaky heart - Music

NEW YORK (Reuters Life!) - Prefer your fitness with a dose of country?
If you're hankering to move with cowboy attitude, experts say line dancing could be the ideal workout. Even if you've never moseyed into a country bar or felt particularly at home on the range.
"Line dancing is exercise for people who like country music," said fitness instructor Amy Blackburn, "people who might not join a gym because traditional exercise, like treadmills and weight lifting, is either intimidating, or it bores them to death."
Blackburn, who is based in Nashville, Tennessee, said line dancing is the thing to do on a Saturday night. Her DVD, "Country Line Dance Party," is an aerobics workout carved from its signature shuffles, kicks and stomps.
"The music's upbeat. The workout burns calories and strengthens the core, legs, and hamstrings," she said. "And you can take it down a level to keep it low impact."
Though deeply rooted in Irish and German folk traditions, line dancing was off most urban grids until 1992 when Billy Ray Cyrus, father of teen idol Miley, stomped upon the stage with his megahit "Achy Breaky Heart."
Today line dancing is a worldwide phenomenon. Devotees have formed organizations as far away as Singapore and Australia.
Adam Herbel, a.k.a. the Dancing Cowboy, teaches country line dancing at The Rodeo Club in San Jose, California. He said some come for the exercise, some for the music and atmosphere.
REDNECK AEROBICS
"We have a funny thing called redneck aerobics," said Herbel, described as a series of five or six upbeat line dances strung in a row.
"When the DJ calls out 'its redneck aerobics,' everybody knows what's coming," he said. "Sometimes the fitness gals will do pretty advanced line dancing."
Herbel said the dances change from area to area so one song may have 50 different dances to it. Nevertheless, it's not hard to learn, the music is cheerful and the folks are friendly.
"You can master single line dance in a one hour class," he said. "It appeals to ladies because you don't have to have a partner to do it. So I tell the guys, if you want to have a chance at least get out and try."
Known around the San Francisco Bay area of California as the Queen of Line Dancing, Doris Volz has been dancing since 1992 and teaching seniors since 2003.
Watch Music Online

Monday, December 6, 2010

Sina launches developer fund for China's Twitter - Celebrities

SHANGHAI (Reuters) - Sina Corp, China's largest Internet portal website, launched on Tuesday a two billion yuan ($301 million) fund for developers to create applications for its highly popular Twitter-like microblog, Weibo.
Weibo, which was launched about a year ago and has around 50 million users including celebrities and politicians, is growing at a rapid clip in China, the world's biggest Internet market by users.
Sina shares spiked this quarter on hopes that the firm will be able to monetize the service, which some analysts have described as a game changer for the firm.
The developers will use an open platform interface to create applications for the microblog, the firm said in a statement.
"An open platform has also been an important way for them to monetize," said Wallace Cheung an analyst with Credit Suisse.
"They are trying to get a pool of developers so it takes some time to accumulate (that)," Cheung said.
The fund is also supported by venture capital firms such as Sequoia Capital and IDG Capital and will encourage the development of applications for finance, entertainment and games.
China banned Twitter and Facebook last year after unrest in its politically sensitive regions of Tibet and Xinjiang.
Weibo, on the other hand, is carefully monitored and serves as the alternative to Twitter in the country.
($1=6.637 Yuan)
Watch Celebrities Online

Sunday, December 5, 2010

Prada 9-mth net profit trebles as IPO plan looms - Fashion

* Net profit 156 mln euros
* Revenue 1.38 bln euros, up 31 pct yr-on-yr
* CEO says confident on "oncoming" development
By Antonella Ciancio
MILAN, Nov 24 (Reuters) - Italian fashion house Prada, which
may list on the stock market next year, said on Wednesday it was
confident about its immediate future after booming Asia sales
helped nine-month net profit treble.
The family run company, whose trend-setter designer Miuccia
Prada is known for her minimalist style, said net profit trebled
to 156 million euros ($209 million) in the nine months to
end-October.
"These data confirm that the retail network expansion is a
winning strategy; these excellent results let us confidently
look at the oncoming group's development," Chief Executive
Patrizio Bertelli said in a statement.
Prada, which has to float several times in the past decade,
has said it is considering a listing in 2011, with Hong Kong
among the market options.
The move would help free Prada from the burden of a debt
estimated at around 1 billion euros, partly a result of an
acquisition spree in the 1990s.
Sales rose 31 percent to 1.38 billion euros in the
nine-month period, with Europe and the United States
contributing to the growth.
Sales in Asia, including recovering Japan, grew 51 percent,
or 22 percent on a like-for-like basis, confirming the region's
pivotal role in Prada's growth over the last quarters.
Watch Fashion Online

Saturday, December 4, 2010

Protests, fraud charges roil Haiti elections - Radio Stations

PORT-AU-PRINCE (Reuters) - Haiti's elections ended in confusion on Sunday as 12 of the 18 presidential candidates denounced "massive fraud" and demanded the polls be annulled and street protests erupted over voting delays and problems.
The repudiation of the elections by so many of the presidential candidates dealt a blow to the credibility of the U.N.-supported poll. The international community was hoping the vote could produce a stable, legitimate government in the poor earthquake-ravaged Caribbean country.
Voters' frustration at not being able to cast their ballots due to organizational problems at many polling stations in the capital Port-au-Prince boiled over into street protests. At least one polling station was trashed by one angry group.
"We denounce a massive fraud that is occurring across the country. ... We demand the cancellation pure and simple of these skewed elections," the 12 presidential candidates said in a statement read to reporters at a Port-au-Prince hotel.
Still, Haiti's Provisional Electoral Council (CEP) said the elections went "well" at most of the more than 11,000 polling stations across the nation. "The CEP is comfortable with the vote," council president Gaillot Dorsainvil said.
Counting began after polls closed at 4 p.m. (2100 GMT).
After a day of confusion at many polling centers in the capital, some Haitians expressed anger at what they viewed as a wasteful, flawed exercise.
"Look what our government spends its money on," said Abellar Sony, brandishing a fistful of unused ballot papers at a polling station near the Cite Soleil slum. Children played with unmarked ballot papers, scattering them in the air.
The CEP acknowledged "some problems" and said it was trying to resolve them after the turbulent presidential and legislative elections went ahead amid a raging cholera epidemic and political tensions.
The 12 candidates denouncing the poll included all main opposition candidates. They accused outgoing President Rene Preval's Inite (Unity) coalition and its candidate, Jules Celestin, of trying to steal the elections.
Among them were prominent front-runners like former First Lady Mirlande Manigat, popular musician and entertainer Michel "Sweet Micky" Martelly, and lawyer Jean-Henry Ceant.
The U.N. mission in Haiti and the Organization of American States/Caribbean Community elections observer mission said they were still gathering information on how the vote went.
Demonstrations flared in several parts of the sprawling capital, which still bears the scars of Haiti's devastating Jan. 12 earthquake. Local radio also reported protests against the electoral process in Gonaives and Les Cayes.
A protest of several thousand people in the capital's Petionville district was led by Martelly, joined by Haitian-American hip-hop star Wyclef Jean, who was barred from standing as a candidate by electoral officials in August.
Watch Radio Stations Online

The Curling Network? Don't count on it - Game Shows

NEW YORK (Reuters) - After a stretch that has seen the creation of TV networks dedicated to the NFL, Major League Baseball, NBA and NHL, it is easy to wonder what's next.
A gymnastics channel? A cycling channel? How about a TV network devoted to curling, the sport of brooms and rocks most often seen during the Winter Olympics?
"It's hard to see that there's room for too many more (sports) networks," said Philippe Dauman, chief executive of Viacom Inc. "Pretty much everything that's out there today is covered."
Indeed, Dauman and other top executives speaking this week at the Reuters Global Media Summit warned that after a period of huge expansion the field of sports TV channels is in serious danger of becoming overcrowded.
The explosive growth in dedicated sports networks, as well as the ubiquity of sports on Walt Disney's ESPN and regional channels owned by News Corp's Fox and others, could extend to the U.S. Olympic Committee and World Wrestling Entertainment.
Both are eyeing creating their own networks down the road -- and for good reason. Leagues and sports properties see the potential that comes with strengthening a rabid fan base across the country while raking in the advertising dollars.
However, with rising sports programing costs sparking a chorus of complaints, count News Corp Chief Operating Officer Chase Carey among those skeptical that more sports networks can be sustained.
"People are carrying that a dimension too far," he said at the Reuters summit. "Everybody falls in love with it.
"You've had decades where it's been a quantity game and everybody's adding," he added. "You're actually now heading to a quality game and as you have more choice you really want to figure out how do you have quality channels as opposed to a strewn level of niche channels."
Viacom's Dauman said his MTV and Spike networks will schedule more sports-related shows, but launching a dedicated network is not in the cards.
"When people complain about the increase in programing costs, we have to recognize that a very large part of that is related to sports," Dauman added.
Disney's TV chief, Anne Sweeney, would prefer the leagues and teams ask themselves whether they can do a better job building their brands than her company's ESPN sports network.
"A key consideration is can I do for my fans what ESPN has traditionally done for their fans," she said.
Even Tony Petitti, chief of MLB Network, which had the most successful launch in cable TV history last year at 50 million U.S. homes, thinks any sport should first work to ensure broad distribution.
Watch Game Shows Online

UPDATE 1-Wal-Mart, Casino advance in Matahari unit sale-sources - Casino

* Carlyle fails to reach next round of bidding - sources
* Second-round bids due in December
(Adds details, background)
By Denny Thomas and Janeman Latul
HONG KONG/JAKARTA, Nov 17 (Reuters) - Wal-Mart Stores Inc
(WMT.N), Casino Guichard-Perrachon SA (CASP.PA) and South Korea's
Lotte Shopping Co Ltd (023530.KS) have advanced to the next round
of bidding for Indonesian retailer Matahari Putra Prima PT's
(MPPA.JK) $1 billion sale of its hypermarket business, sources
with direct knowledge of the matter told Reuters.
The auction comes on the heels of Carrefour SA's (CARR.PA)
sale of its outlets in Thailand, which brought the French
retailer a higher-than-expected $1.2 billion including debt.

Matahari's sale had drawn interest from private equity group
Carlyle Group [CYL.UL], but sources said the buyout group did not
make it to the second round. South Korea's Shinsegae Co Ltd
(004170.KS) had also expressed interest, but it was not clear
whether it was still in the running.
International retailers are jockeying for position in
emerging markets as they look for sources of growth outside
maturing U.S. and western European markets, although the cost of
competing is often too much to justify widespread expansion.
Matahari is selling Hypermart, Indonesia's second-biggest
hypermarket chain after PT Carrefour Indonesia, to focus on its
core healthcare and property assets.
Shortlisted parties had been asked to submit next-round bids
next month, a source said.
All companies mentioned in this report declined to comment.
Sources were not authorised to speak to media about the
auction as the sale process is confidential.
The sale is a seen as good opportunity to raise exposure in
Indonesia's retail sector, as a healthy economy, forecast to grow
6.0-6.2 percent this year, and a booming stock market lift
consumption in Southeast Asia's biggest economy.
It also comes just a few months after Matahari agreed to sell
a 90.76 percent stake in retail unit Matahari Department Store to
a joint venture with private equity group CVC Partners [CVC.UL]
for $770 million.
Watch Casino Online

Friday, December 3, 2010

Actor Johannes Heesters quits smoking - at age 106 - Entertainment News

BERLIN (Reuters) - Actor and singer Johannes Heesters has given up smoking for love -- at age 106.
"I did it for love, for my wonderful wife," Heesters, who is better known as "Jopie" in Germany where he has spent most of his 90-year career, told the German entertainment magazine Bunte. "She should have me as long as possible."
Dutch-born Heesters, who will turn 107 on Sunday, has been married to German actress Simone Rethel, 61, since 1992. Heesters said he quit smoking three weeks ago.
Heesters, who in 2008 apologized for his cooperation with the Nazi regime, is known for his roles in the film "Die Fledermaus" (1946) and the German film "The Moon Is Blue" (1953).
Watch Entertainment News Online

Thursday, December 2, 2010

EA to winnow game slate again - Arts

NEW YORK (Reuters) - Electronic Arts Inc (ERTS.O) expects to cut its slate of video game titles by as much as 40 percent next year as the company continues to invest heavily in its small but fast-growing digital and online businesses.
EA is making a big bet on mobile and Internet-based games, as sales of traditional packaged titles -- which generate about 75 percent of EA's revenue -- continue to slump across the industry.
But EA Chief Executive John Riccitiello told the Reuters Global Media Summit on Monday that investors have still failed to grasp the vast potential of digital gaming.
"I think we're at the classic hump where we've told people where we're going. There's evidence we're going to get there, but Vegas isn't putting money on it because we're only in the fourth inning," Riccitiello said.
Shares of EA and other video game publishers have struggled over the past year, amid investor pessimism about the direction of the industry.
EA expects to publish roughly 35 traditional packaged games this fiscal year, down sharply from more than 50 last year, and Riccitiello expects that number to fall next year as well.
"I don't think it goes to 10 or 15 or even less than 20, but there's some number probably between the low 20s and the high 20s that's right," he said.
Analysts say EA's prolonged turnaround effort is starting to bear fruit. The company has slashed costs and headcount, and has begun issuing more cautious forecasts.
Investors are eagerly anticipating next year's launch of "Star Wars: The Old Republic," a multiplayer online game that EA hopes will rival Activision Blizzard Inc's (ATVI.O) "World of Warcraft," which has 12 million subscribers.
EA has kept details about "Star Wars" close to the vest, although analysts say the company is spending in excess of $100 million to develop it.
Riccitiello declined to provide any forecasts for "Star Wars" but said the feedback so far has been "astonishingly positive."
"Why couldn't we get 3, 4, 5 million (subscribers)?" Riccitiello said.
DIGITAL GROWTH
The vast majority of EA's revenue still comes from traditional packaged games, but sales of digital, downloadable and mobile content rose 30 percent last year to $570 million, or about 15 percent of total sales. The company expects to see another 30 percent gain this year, which ends in March 2011.
Watch Arts Online

Wednesday, December 1, 2010

Police say no specific attack threat in Germany - Radio Stations

BERLIN (Reuters) - Police on Saturday said there were no signs of an imminent attack by militants in Germany, after a news magazine reported that a plot existed to attack the Reichstag parliament building.
The comments played down the report by weekly Der Spiegel, which said Germany's decision to step up security measures this week had been prompted by the discovery of militant plans to break into the Reichstag parliament building and shoot hostages.
"We have concrete details of suspects, but no concrete details that an attack will be carried out at a specific time and place," the head of Germany's BKA Federal Crime Office, Joerg Ziercke, told Reuters.
Der Spiegel, citing security officials, said a jihadist living abroad had informed them in recent telephone calls of a plan for armed militants to enter the 19th century building in central Berlin and open fire. It said police considered the information credible.
The information, the magazine said, had prompted officials to announce on Wednesday they were raising security, especially at public places including airports and train stations.
Interior Minister Thomas de Maiziere said on Thursday authorities were on guard against threats of an armed attack of the kind that killed 166 in the Indian city of Mumbai in 2008.
The Reichstag building has strong symbolic importance in Germany. An arson attack there in 1933 highlighted Nazi moves to assume complete control over Germany. The image of a Soviet soldier planting the red flag atop its ruin in 1945 marked the end of World War Two for many.
It was formally restored as the country's legislature soon after the 1990 reunification of Germany and is visited daily by hundreds who walk around its glass dome looking down on debates.
Late on Saturday more than 100 tourists were lined up outside the building and no police were in sight.
The jihadist, Der Spiegel reported, said the group of attackers was to be made up of six people. Two had already arrived in Berlin and another four, including a German, a Turk and a North African, were under way.
Germany has troops in Afghanistan and has been the target of threats on Jihadist websites.
The timing of the reported parliament plot, for February or March, differed however from de Maiziere's warnings that attacks were planned sometime before the end of November.
FALSE ALARMS
At a news conference on Wednesday, de Maiziere said intelligence services had received concrete indications attacks were planned in the next two weeks.
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Tuesday, November 30, 2010

Factbox: Japan's 2022 World Cup bid - Sci Fi

(Reuters) - Facts and figures relating to Japan's bid to stage the 2022 World Cup finals:
Bid motto: 208 Smiles! Inspired by the fact that FIFA has 208 member countries.
Why are they bidding?
Co-hosting the 2002 World Cup with South Korea was viewed as a compromise solution by both countries, who have made no secret of their wish to go it alone next time and Japan's stadiums and infrastructure are second to none.
Best soccer moment: Qualifying for their first World Cup finals in 1998.
Best-known footballers: Scudetto-winning Hidetoshi Nakata was Japan's most recognizable footballer until his shock retirement after the 2006 World Cup. Former Celtic midfielder Shunsuke Nakamura and Moscow-based Keisuke Honda have since filled that role.
Previous World Cup performances: Co-hosts in 2002 and have appeared in the last four tournaments. Reached the last 16 in 2002 and this year.
Main stadium for 2022: Plans are underway for a new 80,000-seater main stadium on the outskirts of Japan's second city Osaka.
Best points: Most of the stadiums are already in place and still in mint condition from the 2002 tournament. Japan is widely seen as having the world's best rail and road networks, and is a world leader in technology.
Possible drawbacks: Having successfully staged the World Cup finals as recently as 2002, Japan may be overlooked if FIFA opts against triggering friction with Asian rivals and 2002 co-hosts South Korea by diplomatically overlooking both.
Legacy point: Japan will have to build only one stadium and plans to beam matches on to giant, 3-D, hologram-style screens as one of many sci-fi projects during the tournament.
What they say: Junji Ogura, president of the Japan Football Association (JFA): "It's very difficult to predict who will win the vote. It will be a real scramble."
Bookies' odds: 33-1.
Population: 127 million
Number of clubs: The JFA has 28,818 clubs registered at all levels, 37 of which are professional teams in the J-League first and second divisions.
FIFA World Ranking (November 2010): 30th
Trivia fact: JFA president Junji Ogura said a World Cup bid would be unlikely if Tokyo failed to land the 2016 Olympics. The city lost out to Rio de Janeiro but made a bid for the World Cup anyway. The country will also host the 2019 rugby World Cup.
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Due Date stays top of box office - Sci Fi

LONDON (Reuters) - Pregnancy-themed road movie "Due Date" held on to top spot at the box office for a second quiet week as cinemas braced for the imminent release of the new Harry Potter blockbuster.
"Due Date" stars Robert Downey Jr. and Zach Galifianakis added another 1.9 million pounds to the film's take, keeping it ahead of sci-fi newcomer "Skyline" which could only manage 1.2 million pounds, according to Screen International on Tuesday.
The three orphan girls of family movie "Despicable Me" stayed at three, just above "Jackass 3D" which slipped two spots to four.
Horror movie "Saw 3D" was down one at five while Bruce Willis, Morgan Freeman, John Malkovich and Helen Mirren as former CIA agents on the run in "RED" stayed at six.
Facebook biopic "The Social Network" was unchanged at seven while "Paranormal Activity 2" slipped three places to eight.
The two wolves of "Alpha and Omega" were back up four places in ninth and director Mike Leigh's study of a middle class suburban couple "Another Year" slipped one spot to 10th.
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Monday, November 29, 2010

Tudors, Elvis Costello, triumph at Canada TV awards - Comedy

TORONTO (Hollywood Reporter) - British actors and shows were the big winners at the Geminis, Canada's TV awards, on Saturday night.
Scotsman Robert Carlyle was named the best actor for his star turn in Syfy's "Stargate Universe".
"I feel like a stranger in the ranks here tonight. But thank you so much, I really value this dearly," said Carlyle, who plays Dr. Nicholas Rush in the sci-fi drama shot in Vancouver.
Musician Elvis Costello, took home the Gemini for best Canadian talk series for "Spectacle: Elvis Costello With..."
And the night of British triumphs also saw Showtime's "The Tudors", a Canadian-Irish TV co-production about English monarch Henry VIII, named best Canadian drama.
The HBO Canada comedy "Less Than Kind", a more recognizably Canadian series about a dysfunctional family in Winnipeg, won for best comedy, best series writing and best comedy acting for Benjamin Arthur.
In other acting categories, Caroline Cave won for her performance in the home-grown drama "Crash and Burn", Cle Bennett won for best supporting actor in "The Line", and Catherine Disher took home best supporting actress honors for her star-turn in the action drama "The Border".
The ceremony was hosted by "Glee" star Cory Monteith, who was born in Calgary and who plays football player and choir member Finn in the popular American TV musical comedy.
(Editing by Jill Serjeant)
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Japan goes sci-fi in bid to snare World Cup - Sci Fi

TOKYO (Reuters) - Japan is banking on sci-fi technology and the country's 'wow factor' to win the race to host the 2022 World Cup.
After all, only in Japan can you hire a cat for an hour and stroke it while you have a coffee -- or better still, while a robot boils your noodles for you.
Japan, successful co-hosts of the 2002 World Cup with Asian neighbors South Korea, is an outside bet to win the vote on December 2 when FIFA's executive committee meets in Zurich.
South Korea are also bidding again, along with the United States, Qatar and Australia.
Japan's credentials are second to none, with all but the main stadiums already in place and still in pristine condition, while the country's infrastructure ranks among the world's best.
Since the Japanese government unveiled the Bullet Train to mark the country's emergence as an economic power before the 1964 Tokyo Olympics, Japan has been at the forefront of technology.
The world's third largest economy, Japan still retains a great deal of its traditional charm, with shrines and quaint old shops tucked beside gleaming, new skyscrapers.
Modern Japan, with its crackling neon lights and crowded trains and shops, has turned convenience into an art with its automated wizardry.
Vending machines dispense everything from umbrellas to underwear. Japan boasts the highest number of machines per capita in the world and even has them at the top of Mount Fuji.
World Cup bidders plan to beam matches on to giant 3-D hologram-style screens in one of many hi-tech projects designed to amaze fans around the world during the 2022 tournament.
Translation earpieces will allow fans from different countries to interact, aided by devices to allow viewers to gather information by pointing to players on the pitch.
CAUTIOUS NOTE
"Japan has always been at the center of technological excellence," said bid director Yuichiro Nakajima. "Can we do it? Yes we can!"
Bold, presidential-style statements of intent come with the territory of bidding for major sporting events, but Japanese bid leaders have also struck a note of caution.
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Sunday, November 28, 2010

Bruce Lee biopic tracks action hero's early life - Arts

HONG KONG (Hollywood Reporter) - Authenticity is the heart and soul of the new biopic "Bruce Lee, My Brother," the early life story of the man who put Hong Kong action films on the map, its director told The Hollywood Reporter.
As its title declares, the film pieces together the superstar's childhood -- Lee would have turned 70 on Sunday -- and young adulthood from the memories of his four surviving siblings, Phoebe, Agnes, Peter (who died in 2008) and Robert.
"The Lee family supplied us with all the details and the tidbits of their family life," director Raymond Yip said. "So we took great care to be loyal to the truth and avoid anything that felt fake, which made it rather difficult for us in terms of creating the structure of the script. But the Lee family was very pleased with the result, especially with how close it was to what actually happened."
The biopic took years to put on the screen, not least because of the difficult task of finding a young actor to play the role of the iconic megastar. "We've been on the lookout for a possible candidate all over China since 2008, but no one could capture the Hong Kong spirit of the young Bruce Lee," Yip explained.
But when writer-director team of Alex Law and Mabel Cheung, invited the film's producer, Manfred Wong, to a screening of their opus "Echoes of the Rainbow," the search was over. Aarif Rahman, a 23-year-old singer-songwriter who made his acting debut (and stole the show) in "Echoes," was locked in as the young Bruce Lee.
"Including Lee's brother Robert, we were quite amazed by how much Aarif resembles Bruce. No one can say for sure whether an actor really embodies Bruce's spirit except for his family. So it was a go from then on," Yip recalled.
The film began pre-production in March to push for a November 25 release in Hong Kong. The HK$36 million ($4.6 million) project has been snapped up by distributors in over 10 territories.
The Hong Kong-born Rahman, of Malay-Arab-Chinese ancestry, will have to shoulder any potential sequels for the Bruce Lee life story, said Yip.
"We certainly hope to continue telling Bruce Lee's story, but it depends on how this one is received, especially on the public reception of Aarif as Bruce Lee. Lee was a legendary figure. Who plays him in the film is the biggest issue for us as filmmakers. But I have faith in Aarif," Yip said.
Although the biopic tracks the early life of the kungfu master from his birth in San Francisco, old Hong Kong plays a key role. The film shows Lee and his friends as fixtures in the mid-century Hong Kong film industry, allowing the filmmakers to reenact scenes from famous movies of the age.
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Saturday, November 27, 2010

UPDATE 1-Buyout firms plan bids for Takko - sources - Fashion

* Apax, Bain, EQT, TPG eyeing fashion chain Takko-sources
* Takko owner Advent still considering IPO - source
* Business seen valued at about 1.25 bln eur
(Adds background, adds Bain)
LONDON/FRANKFURT, Nov 17 (Reuters) - At least four private
equity firms were expected to place first round offers this week
for leading German budget fashion retailer Takko, people
familiar with the matter said.
Apax Partners, Bain Capital, EQT and TPG [TPG.UL] are
preparing bids for the business, owned by rival buyout firm
Advent International, two of the people said. An initial public
offering is also under consideration, a third source said.
Bankers said discount retailers were typically valued at 10
times earnings before interest, tax, depreciation and
amortisation (EBITDA), valuing Takko at about 1.25 billion euros
($1.75 billion).
A growing number of price-conscious Germans have been
turning to discount clothing stores, helping to boost sales at
Takko, one of the country's largest and fastest-growing clothing
chains, to 900 million euros in the year to end-April.
An estimated 25 percent of German adults have purchased its
products in the last year, according to Advent's website.
Takko is the latest in a series of European companies owned
by private equity firms that are close to changing hands in a
so-called secondary buyout, or a return to the public market, as
owners look to cash out of their best performing investments.
Advent, which bought the business in 2007 from Permira
[PERM.UL] for 770 million euros, plans to sell or spin off the
business by early next year, a source said in August.

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Documentaries aim to make Oscar history - Documentary

LOS ANGELES (Hollywood Reporter) - In the 82-year history of the Academy Awards, no documentary has been nominated for best picture.
Instead, since 1942, documentary features have been recognized in their own category, separate from the balloons and confetti showered on the best picture contenders. Technically, any doc that completes a one-week qualifying run in a Los Angeles County theater also is eligible to compete for the big prize, but somehow, when it comes to best picture, Oscar voters have consistently tuned documentaries out.
This year, though, several documentaries -- among them "Inside Job," Charles Ferguson's autopsy of the 2008 financial crisis, and "Waiting for Superman," Davis Guggenheim's failing report card on the nation's school system -- are positioning themselves to make a run at the big prize. Their camps are preparing to send out screeners, arguing that their respective films are worthy best picture contenders.
Good luck. Any documentary hoping to score a best picture nom still faces a daunting, uphill battle. Six years ago, Michael Moore decided to challenge the odds. Having already won a feature documentary Oscar for his anti-gun diatribe "Bowling for Columbine," he was riding high on the firestorm surrounding "Fahrenheit 9/11," his blistering attack on George W. Bush's post-9/11 march toward the invasion of Iraq.
The movie had won the Palme d'Or, the top prize at Cannes -- the first documentary to take home that honor in 48 years. It was on its way to grossing $119.2 million domestically, making it the top-grossing documentary of all time.
So Moore decided not to submit in the documentary category -- he was eager to air the film on TV in hope of influencing the 2006 election, and the proposed broadcast ran up against documentary-category rules. But while Moore claimed, "For me, the real Oscar would be Bush's defeat on November 2," he also reminded Academy voters that they still could nominate his movie for best picture.
Moore struck out on both counts: Bush was re-elected, and "Fahrenheit" didn't turn up among that year's best picture nominees.
This year, though, the chances of a documentary breaking through are better -- though still slight. By widening the best picture race to 10 nominees, the Academy opened a door, however narrow. And the genre is ripe for recognition. Documentary filmmakers have been busy, turning out an eclectic array of movies, training their cameras on everything from infants ("Babies") to Facebook friendships ("Catfish"), from showbiz survivors ("Joan Rivers: A Piece of Work") to political scandals ("Client 9: The Rise and Fall of Eliot Spitzer").
While the studios have retreated into escapism, documentary filmmakers have been tackling hot-button issues that often resonate with the more politically engaged members of the Academy. "Waiting for Superman" and "Inside Job," two of the year's highest-profile titles, have gotten the kind of outsize attention that belies their modest box-office returns ($6 million and $1.6 million, respectively).
Both documentaries, while relying heavily on standard interview techniques, also inject plenty of drama into the mix. And both movies made the shortlist of 15 films being considered for best documentary feature honors. But they could go beyond just that category.
"Superman," backed by one of Participant Media's trademark social-action campaigns, premiered in Washington, where it injected itself directly into a heated debate over the city's sweeping efforts at school reform. It also drew a sharp rebuke from the American Federation of Teachers -- the film treats the teachers union as something of a villain -- whose president, Randi Weingarten complained, "It is insulting and counterproductive to suggest, as the film does, that the deplorable behavior of one or two teachers is representative of all public-school teachers."
Meanwhile, New York Times columnist Frank Rich has championed "Inside Job" -- with its rogues' gallery of reckless financial executives, feckless academic economists and their government enablers -- saying, "It's hard to imagine a movie more serious, and more urgent."
Those type of attacks and endorsements should be enough to attract the attention of Academy voters. And if there's an added reason to invite a documentary into the best picture circle, it's that documentary filmmakers have, on more than one occasion, provided the Oscars with some of their most contentious moments.
When Moore won in 2003, just days after the beginning of the Iraq War, he launched into an attack on the president for starting a "war for fictitious reasons" that met with applause and boos from the Oscar audience.
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Friday, November 26, 2010

Factbox: Main events in creation of Harry Potter phenomenon - Arts

(Reuters) - Following are the events in the Harry Potter saga, leading up to the release of the seventh film - "Harry Potter and the Deathly Hallows: Part 1" which opens in Britain, the United States and much of the world on November 19.
1995 - In Edinburgh, Joanne Rowling completes the manuscript of her first Harry Potter story, called "Harry Potter and the Philosopher's Stone."
1996 - Bloomsbury accepts the manuscript for publication. The Scottish Arts Council gives J.K. Rowling a grant to work on her books.
1997 - "Harry Potter and the Philosopher's Stone" is published in July and in the United States as "Harry Potter and the Sorcerer's Stone" in October 1998.
July 1998 - "Harry Potter and the Chamber of Secrets" is published by Bloomsbury and goes straight into the no.1 slot in BookTrack bestseller list.
October 1998 - Warner Bros. secures film rights to the first two books for a seven-figure sum.
July 1999 - "Harry Potter and the Prisoner of Azkaban" is published by Bloomsbury.
July 2000 - "Harry Potter and the Goblet of Fire" is published. Some 372,775 hardback copies of the book are sold in British bookshops and Internet sites when it is released on July 8, dwarfing previous records.
November 2001 - The film of "Harry Potter and the Philosopher's Stone" is released in Britain and the United States.
November 2002 - "Harry Potter and the Chamber of Secrets" film version is released in Britain and U.S. In Britain, the film earned $15.7 million in its first weekend, edging past the original's record by about $300,000.
June 2003 - "Harry Potter and the Order of the Phoenix" is published in Britain and the United States. The fifth book in the series, sells more than 5 million copies in its first day.
June 2004 - Film of "Harry Potter and the Prisoner of Azkaban" is released taking $92.7 million in the United States. The three-day haul for the new film surpasses the $90.3 million for "Harry Potter and the Sorcerer's Stone" (as the movie was called in North America) in November 2001, and the $88.4 million launch for "Harry Potter and the Chamber of Secrets" a year later.
July 2005 - "Harry Potter and the Half-Blood Prince," the sixth volume of the Harry Potter saga, sells more than 8.9 million copies in its first 24 hours in the United States and Britain.
November 2005 - The film of "Harry Potter and the Goblet of Fire" opens with new additions to the cast including Ralph Fiennes as the evil Lord Voldemort, who helped give the film a darker tone than its predecessors.
July 2007 - "Harry Potter and the Order of the Phoenix," the fifth movie in the series has the wizard Harry flummoxed by his mates at the Hogwarts School of Wizardry and Witchcraft who doubt his near-death battle with the evil Lord Voldemort.
Watch Arts Online

- Board Games

Almeria held an emergency board meeting immediately after the match and Lillo was informed he had been fired before he left their Mediterranean Games stadium.
"The reason is purely sporting and comes after the bad results Almeria have suffered in recent weeks that have seen the side slip into the relegation places," said a club statement.
Lillo, 45, was under mounting pressure after a poor start to the campaign and the embarrassing loss to Barca left Almeria 18th in the 20-team standings with nine points from 12 matches.
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Thursday, November 25, 2010

- Board Games

Almeria held an emergency board meeting immediately after the match and Lillo was informed he had been fired before he left their Mediterranean Games stadium.
"The reason is purely sporting and comes after the bad results Almeria have suffered in recent weeks that have seen the side slip into the relegation places," said a club statement.
Lillo, 45, was under mounting pressure after a poor start to the campaign and the embarrassing loss to Barca left Almeria 18th in the 20-team standings with nine points from 12 matches.
Watch Board Games Online

Bruce Springsteen to rock on Jimmy Fallon - Documentary

NEW YORK (Billboard) - Bruce Springsteen will play songs from his new boxed set, "The Promise: The Darkness on the Edge of Town Story," on the November 16 episode of NBC's "Late Night With Jimmy Fallon."
The appearance, which the network announced on Wednesday, will be Springsteen's only scheduled TV performance this year.
On the show, Springsteen will also discuss the six-disc project, due out the same day. It rounds up 21 previously unreleased tracks from the "Darkness on the Edge of Town" era.
"Promise" additionally includes hours of unseen behind-the-scenes and concert footage. A documentary about the sessions, also dubbed "The Promise," debuted last month on U.S. cable network HBO.
Fallon is a devout Springsteen fan. In August, he chose the artist's classic song "Born to Run" for a "Glee"-style all-star sing-along as the opening number of the Primetime Emmy Awards, which he hosted.
Watch Documentary Online

Wednesday, November 24, 2010

UPDATE 1-Eros H1 profit up 34 pct; positive on outlook - Sci Fi

* Pretax profit $27.9 mln vs 20.8 mln stg
* Turnover up 20.3 pct to $68 million
(Adds details)
Nov 12 (Reuters) - Indian movie distributor Eros
International Plc (EROS.L) posted a 33.8 percent rise in
first-half profit as revenue from its theatrical division grew,
helped by the box office success of Bollywood film "Housefull".
With the success of "Golmaal 3" (Chaos - Part 3), which had
grossed $15.5 million globally in the first week, the company
saw a promising start to its second half.
Eros, whose Indian unit recently listed on the Bombay Stock
Exchange , said it was positive about its
outlook, thanks to a vibrant pipeline of projects.
The company's slate includes sci-fi movie "RA.One",
starring Indian A-listers Shahrukh Khan and Kareena Kapoor, and
"No Problem," featuring "Slumdog Millionaire" actor Anil
Kapoor.
Pretax profit for the six months ended Sept. 30 was $27.9
million, compared with $20.8 million in the year-ago period.
Turnover rose 20.3 percent to $68 million.
Watch Sci Fi Online

Tudors, Elvis Costello, triumph at Canada TV awards - Sci Fi

TORONTO (Hollywood Reporter) - British actors and shows were the big winners at the Geminis, Canada's TV awards, on Saturday night.
Scotsman Robert Carlyle was named the best actor for his star turn in Syfy's "Stargate Universe".
"I feel like a stranger in the ranks here tonight. But thank you so much, I really value this dearly," said Carlyle, who plays Dr. Nicholas Rush in the sci-fi drama shot in Vancouver.
Musician Elvis Costello, took home the Gemini for best Canadian talk series for "Spectacle: Elvis Costello With..."
And the night of British triumphs also saw Showtime's "The Tudors", a Canadian-Irish TV co-production about English monarch Henry VIII, named best Canadian drama.
The HBO Canada comedy "Less Than Kind", a more recognizably Canadian series about a dysfunctional family in Winnipeg, won for best comedy, best series writing and best comedy acting for Benjamin Arthur.
In other acting categories, Caroline Cave won for her performance in the home-grown drama "Crash and Burn", Cle Bennett won for best supporting actor in "The Line", and Catherine Disher took home best supporting actress honors for her star-turn in the action drama "The Border".
The ceremony was hosted by "Glee" star Cory Monteith, who was born in Calgary and who plays football player and choir member Finn in the popular American TV musical comedy.
(Editing by Jill Serjeant)
Watch Sci Fi Online

Tudors, Elvis Costello, triumph at Canada TV awards - Sci Fi

TORONTO (Hollywood Reporter) - British actors and shows were the big winners at the Geminis, Canada's TV awards, on Saturday night.
Scotsman Robert Carlyle was named the best actor for his star turn in Syfy's "Stargate Universe".
"I feel like a stranger in the ranks here tonight. But thank you so much, I really value this dearly," said Carlyle, who plays Dr. Nicholas Rush in the sci-fi drama shot in Vancouver.
Musician Elvis Costello, took home the Gemini for best Canadian talk series for "Spectacle: Elvis Costello With..."
And the night of British triumphs also saw Showtime's "The Tudors", a Canadian-Irish TV co-production about English monarch Henry VIII, named best Canadian drama.
The HBO Canada comedy "Less Than Kind", a more recognizably Canadian series about a dysfunctional family in Winnipeg, won for best comedy, best series writing and best comedy acting for Benjamin Arthur.
In other acting categories, Caroline Cave won for her performance in the home-grown drama "Crash and Burn", Cle Bennett won for best supporting actor in "The Line", and Catherine Disher took home best supporting actress honors for her star-turn in the action drama "The Border".
The ceremony was hosted by "Glee" star Cory Monteith, who was born in Calgary and who plays football player and choir member Finn in the popular American TV musical comedy.
(Editing by Jill Serjeant)
Watch Sci Fi Online

Tuesday, November 23, 2010

Cineplex Entertainment to rent, sell movies online - Movies

TORONTO (Hollywood Reporter) - Far away from the local multiplex, Cineplex Entertainment is selling Hollywood movie titles to Canadians.
The Canuck exhibition giant has joined the movie download business, allowing Canadians to rent or buy movies from its own website, Cineplex.com, day and date with DVDs and Blu-ray releases.
Most new release rentals are priced at $4.99 each, with older titles costing $2.99 or $3.99.
To own, around 2,600 titles sell from $5 to $24.99 each, with an average new release costing $19.99.
The movies can then be played on a PC computer or other digital devices, and even stored in Cineplex's online digital locker.
The move aims to allow Canadians to view a Hollywood movie title at one of Cineplex's theatres, buy a physical DVD or Blu-ray disc at a multiplex store, and now download movies so that consumers think of Cineplex when they think of movie-viewing.
The digital download offering extends Cineplex's roots as a bricks and mortar multiplex destination, and allows the exhibitor to keep pace with new digital technologies, including VOD, new video formats, including release of titles in high-definition Blu-Ray format, and online video downloading and streaming.
The movie download service also allows Cineplex to keep pace with new competition from iTunes, Netflix Canada service and other foreign video portals.

� Continued...
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Monday, November 22, 2010

Superman powers Magic to win over Hawks - Magic

The Magic, who bullied Atlanta during a 4-0 best-of-seven sweep in last season's playoffs, had to dig deep for a win in the first meeting this season between two of the top teams in the NBA's Eastern Conference.
Orlando won by an average of 25.3 points in eliminating Atlanta during the second round of the 2010 post-season, but the rematch saw a competitive contest throughout with the visitors taking a one-point lead with close to five minutes left.
"We wanted to show the Orlando Magic that we could come in and make a game of it, and not just hand them the game," Hawks forward Josh Smith told reporters despite his team losing for the 11th time in 12 meetings with Orlando.
Jason Williams, playing in place of injured starting point guard Jameer Nelson (ankle), drained a go-ahead three-pointer with 4:15 remaining and Rashard Lewis scored less than a minute later to put Orlando (5-1) on top 86-82 en route to their fourth straight victory.
Vince Carter added 19 points including five points in the final 1:12 to secure the win.
"If we're going to continue to fight that hard even when the shots aren't falling, then we have a chance to be really good," said Orlando coach Stan Van Gundy. "I know we're going to shoot the ball well at some point."
Joe Johnson scored a team-high 23 points while Smith put up 13 points and 13 rebounds for Atlanta (6-2) which lost for the second straight night after beginning the season 6-0.
The Hawks fell 118-114 to the Phoenix Suns on Sunday but seemed to rebound early when they raced to a 13-point first quarter advantage.
However, Orlando recovered with a 19-2 run between the first and second quarters.
(Reporting by Jahmal Corner in Los Angeles; Editing by Alastair Himmer)
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Sunday, November 21, 2010

Why The Beatles' arrival on iTunes matters - Music

NEW YORK (Billboard) - It's tempting to dismiss the Beatles' long-delayed arrival on iTunes as a non-event. After all, it's been more than seven years since iTunes began selling music. And EMI Music reissued the band's entire discography on CD barely a year ago.
Still, here are five reasons why the Beatles-iTunes deal is important:
1. Digital marketing boost for the Beatles catalog
Yes, unauthorized copies of the Fabs' music have been available for free on file-sharing networks for more than a decade. But during that time, as CD sales entered into a tailspin, iTunes emerged as the largest music retailer in the United States, topping even former market leader Walmart.
Although file-sharing continues to thrive, music retailing isn't dead. Eminem's chart-topping album "Recovery" is available everywhere on peer-to-peer networks. And yet since the album came out in June, about 728,000 U.S. consumers still chose to visit a digital retailer like iTunes and pay for it, accounting for about 25% of the album's total U.S. sales of 2.9 million, according to Nielsen SoundScan.
ITunes will extend the Beatles catalog's reach to a sizable new audience of online shoppers, who for the first time will be able to click, purchase and download "She Loves You," "Ticket To Ride," and other cherished titles. Troubled EMI parent Terra Firma will appreciate the new revenue stream.
2. Apple Corps drops its resistance to digital distribution
Apple Corps, which manages the Beatles' catalog, finally dipped its toe into the digital music market in late October with a reissue campaign that included a multi-artist compilation "Come And Get It" and classic albums by Badfinger, James Taylor, Billy Preston and other artists. Remarkably, they were the first Apple Records titles to be sold as both CDs and digital downloads.
Now that Apple Corps has reached a deal with iTunes on the Beatles catalog, it will hopefully pave the way for other digital products incorporating the band's music.
3. iTunes reinforces its market dominance
New, on-demand streaming music services like Spotify, Rdio and MOG have generated lots of buzz during the past year. But the Beatles-iTunes deal, which gives the digital retailer a period of exclusivity on one of the most storied catalogs in recorded music, provides a timely reminder of who really dominates digital music.
The deal also shows that even though the major labels have expressed a desire to foster greater competition in digital retailing, their urgent, short-term need to maximize sales still leaves them eager to cut exclusive deals with the No. 1 U.S. music retailer. And that, of course, only strengthens iTunes' leverage vis-a-vis the recording industry.
4. iTunes LP scores a big win
Ever since iTunes launched its "iTunes LP" album format in September 2009, the enhanced artwork, lyrics and videos it offered have failed to excite the mainstream digital music market.
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Sky Deutschland, D.Telekom in talks over TV-sources - Tv Series

FRANKFURT Nov 19 (Reuters) - Loss-making pay TV broadcaster
Sky Deutschland (SKYDn.DE) and Deutsche Telekom (DTEGn.DE) are
in talks to renew their TV cooperation, two people close to the
negotiations said on Friday.
Deutsche Telekom is considering adding some of Sky
Deutschland's channels to its TV platform Entertain, one of the
people told Reuters.
The German incumbent was especially interested in Sky
Deutschland's movie channels in HD quality of which Sky has
four, the person said, but added Deutsche Telekom was in no
hurry and was in talks with other providers as well.
Sky Deutschland would be interested in an even closer tie-up
with Deutsche Telekom so its complete pay-TV programme including
premier league soccer broadcasts would be available on the
Entertain platform, a person familiar with Sky Deutschland's
thinking said.
In an ideal world the two would agree on a marketing
partnership as well, that person said.
Deutsche Telekom and Sky Deutschland have cooperated in the
past but the partnership was terminated when the telecom group
launched its own Bundesliga soccer broadcasts in mid-2009.
Sky Deutschland, which is 49.9 percent owned by News Corp
(NWSA.O), is keen to increase customer figures by entering
alliances with cable companies and others who offer TV packages.
It recently announced an alliance with German cable company
Kabel Baden Wuerttemberg.
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Saturday, November 20, 2010

UPDATE 1-Eros H1 profit up 34 pct; positive on outlook - Sci Fi

* Pretax profit $27.9 mln vs 20.8 mln stg
* Turnover up 20.3 pct to $68 million
(Adds details)
Nov 12 (Reuters) - Indian movie distributor Eros
International Plc (EROS.L) posted a 33.8 percent rise in
first-half profit as revenue from its theatrical division grew,
helped by the box office success of Bollywood film "Housefull".
With the success of "Golmaal 3" (Chaos - Part 3), which had
grossed $15.5 million globally in the first week, the company
saw a promising start to its second half.
Eros, whose Indian unit recently listed on the Bombay Stock
Exchange , said it was positive about its
outlook, thanks to a vibrant pipeline of projects.
The company's slate includes sci-fi movie "RA.One",
starring Indian A-listers Shahrukh Khan and Kareena Kapoor, and
"No Problem," featuring "Slumdog Millionaire" actor Anil
Kapoor.
Pretax profit for the six months ended Sept. 30 was $27.9
million, compared with $20.8 million in the year-ago period.
Turnover rose 20.3 percent to $68 million.
Watch Sci Fi Online

Asia shows dominance at Geneva piano competition - Music

GENEVA (Reuters) - Two young pianists from Japan and South Korea demonstrated the dominance of young Asians in the world of classical music at the Geneva International Music Competition on Thursday night.
Japan's Mami Hagiwara took the jury's first prize, worth 20,000 Swiss francs, with her performance of Maurice Ravel's Concerto for Piano in G major.
The jury awarded South Korea's Hyo Joo Lee a second prize worth 12,000 francs for her playing of Sergei Rachmaninoff's Second Piano Concerto in C minor.
But Lee, 25, delighted the public more with her sensitive but masterly rendition of one of the great works of late Romanticism, and she took the audience prize voted on by the public in the hall as well as winning a contract to record a portrait CD with orchestra sponsored by Swiss watchmaker Breguet, part of the Swatch Group.
The Geneva contest, launched in 1939, is one of the most prestigious on the international circuit, with pianists such as Martha Argerich and Maurizio Pollini among its laureates.
In this year's piano section, by far the biggest number of the 41 entrants came from East Asian countries, with Russia forming the next biggest group.
With the Ravel concerto, Hagiwara, 23, chose a demanding piece, where the piano is matched against swelling jazz references in the first movement and the military gallop of the last.
But she handled the apparently artless slow second movement with a firm delicacy, never allowing the piano to be submerged by the orchestra.
The jury awarded the third finalist, Russia's Maria Masycheva, another second prize.
Masycheva, 28, chose to display her technical mastery with the fiendishly difficult third piano concerto in C major by Sergei Prokofiev. She seemed to handle Prokofiev's rippling scales effortlessly but was often hard to hear above the orchestra, raised almost to an equal partner by Prokofiev.
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Friday, November 19, 2010

Casino to buy Carrefour's Thai assets for $1.2 billion - Casino

PARIS (Reuters) - French retailer Casino (CASP.PA) is buying the Thai stores of rival Carrefour for 868 million euros ($1.2 billion), including debt, to step up the challenge to Britain's Tesco in the fast-growing southeast Asian country.
Casino said on Monday the 42-store acquisition would help Big C Supercenter (BIGC.BK), in which Casino owns a 63 percent stake, to become co-market leader in Thailand, with an estimated turnover of about 2.4 billion euros for 2010.
International retailers are jockeying for position in emerging markets as they look for sources of growth outside maturing U.S. and western European markets, though the cost of competing is often too much to justify widespread expansion.
Carrefour, which has exited eight countries over the past seven years, was the fifth-biggest operator in Thailand and said its growth prospects there did not fit in with its goal of focusing on countries where it can have a leading position.
Bernstein analyst Chris Hogbin said the price, at about 1.2 times net sales, appeared a little high, although that would depend on the value of the real estate assets being acquired.
Casino chief financial officer Antoine Giscard D'Estaing told analysts the price of the deal was consistent with equivalent transactions in the region.
GOING FOR GROWTH
Hogbin also said the price on Casino's deal suggested Tesco's (TSCO.L) international businesses were not being valued highly enough by analysts.
"I think it looks an OK deal for Casino," he said.
"Tesco have shown good capital discipline by walking away," he added, after sources close to the matter said the British group had also been among the bidders for the stores.
Carrefour (CARR.PA), the world's No.2 retailer after U.S. group Wal-Mart (WMT.N), has been looking to sell its shops in Malaysia, Singapore and Thailand to focus on markets where it holds leading positions.
A source with knowledge of the matter said a deal for the Malaysia and Singapore stores was two or three weeks away.
People close to the matter have said bidders for these stores include Singapore's Dairy Farm (DAIR.SI), which is backed by Jardine Matheson Holdings Ltd (JARD.SI), Tesco, Japan's Aeon (8267.T) and Malaysian private equity fund Navis Capital.
Casino, France's No.5 food retailer which has businesses in Latin America and Asia, is also in the midst of selling 1 billion euros of non-core assets to cut its debts.
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'Megamind' tops box offices for second week - Comedy

LOS ANGELES (Reuters) - Animated comedy 'Megamind' proved to be the best of the movie class for a second week, claiming the No. 1 spot at North American box offices with $30 million, according to studio estimates on Sunday.
The family-oriented comedy saw its ticket sales drop 35 percent in its second weekend in theaters, pushing its two-week total to $89.8 million and showing solid staying power for its maker DreamWorks Animation and distributor Paramount Pictures.
In second place was 20th Century Fox's runaway train movie "Unstoppable," starring Denzel Washington and Chris Pine. It pulled in $23.5 million and was the top-grossing new release over the weekend.
Among other major new movies, thriller "Skyline" was No. 4 with $11.7 million, while comedy "Morning Glory" was just behind in the fifth spot with $9.6 million.
Buddy comedy "Due Date" from Warner Bros. was No. 3 at $15.5 million, pushing its two-week total to $59 million.
"Skyline" was released by Universal Pictures, a unit of General Electric's NBC Universal media division, and "Morning Glory" was distributed by Paramount Pictures, part of Viacom Inc 20th Century Fox is a division of News Corp.
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Thursday, November 18, 2010

Who destroyed Epic Records - Music

LOS ANGELES (Hollywood Reporter) - It started out like any label showcase at October's CMJ, the five-night music conference that's been held every year since 1980. The event draws hundreds of industry professionals, influencers, fans and upstart bands to New York City's clubs, all looking to find -- or become -- the next big thing.
A few dozen T-shirt-and-jeans-clad college reps gathered on the Bowery, next to the space that used to house legendary punk club CBGB.
Augustana, the latest pop-rock priority on Epic Records, prepared to take the stage. The San Diego-based five-piece, which had achieved a modicum of success with its 2008 album "Can't Love, Can't Hurt," had a lot riding on this performance -- and so did the label.
Epic has had declining sales and a dearth of hits at a moment when the entire industry is struggling to adapt to a new model -- one in which monetizing physical product is secondary to marketing and branding.
The 57-year-old label was fighting for its life. It was a long way from the Sony-owned company's heyday in the '80s and '90s, when such artists as Michael Jackson, George Michael, Pearl Jam and Rage Against the Machine were racking up combined sales in the hundreds of millions worldwide.
Epic's current roster still features a superstar or two (namely Shakira), but they're far outnumbered by developing acts like Augustana, who knew this performance was crucial as an opportunity to motivate the people who would be representing their new music to radio, retail, press and the online world.
One song in, singer Dan Layus' microphone experienced some feedback -- a technical glitch about as common as a guitarist breaking a string. But what happened next was anything but.
According to eyewitnesses in the crowd, Epic Records president Amanda Ghost, 36, a career songwriter who had held the top spot at the label for 20 months, stepped onto the stage, grabbed the microphone and, with her native North London accent, spoke her mind.
Among a string of expletives, said a source, "she was screaming: 'Who booked this fucking place? It sounds like shit! We don't treat our artists this way at Epic. I'm not letting them play another minute!' " -- and pulled the plug on the show. "The room just got silent."
Six days later, a memo issued by Sony Music Label Group chairman Rob Stringer -- brother of Howard, CEO of Sony Entertainment -- announced that Ghost would be leaving the company at year's end.
"Amanda has been an important creative force at Epic in the past two years," it read. "In returning to the natural focus of her artistic career, I look forward to us working together in the future."
For a woman who had a penchant for profanity and a reputation for unpredictable, sometimes violent outbursts, it was a surprisingly quiet firing -- and with it, the latest trial in unconventional management was over.
The result? Sad and seemingly conclusive: that Epic Records most likely will become an imprint of Sony Music's flagship label Columbia. If so, departments will likely be forced to merge, its artist roster cut by two-thirds along with the president position.
"I owe the people at Epic, some who've worked for me for many years, to get it right," said Stringer. "I have a responsibility to balance the ship, so we're going to sit down, not make any rash decisions, shore up the roster and hopefully make some progress in the next six months. ... It would be wonderful to start again, but I have a responsibility to the artists to do the right thing, and I'm really going to try."
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Analysis: Rural youth offer next frontier for China Web darlings - Game Shows

SHANGHAI (Reuters) - Chinese Internet giants such as Tencent and Baidu are looking to cyber-savvy but cash-poor rural youth in China's smaller cities as the next frontier to keep up their explosive growth.
Compared with Japan and South Korea, two of Asia's most wired countries with more than 70 percent Internet penetration, China has a modest national penetration rate of 30 percent, despite its status as the world's biggest Internet market with 420 million users.
Internet use is particularly low, around 20-40 percent, in the country's populous but relatively low-income central and western provinces such as Henan, Sichuan and Hubei, where analysts see the biggest chances for huge growth.
Companies such as Tencent, Baidu and Perfect World, whose products use less bandwidth and cater to simpler tastes of users in smaller markets, could be best placed to cash in on the spread of Internet access to those areas, analysts said.
"If you look at absolute dollars (current Internet revenue) is coming from coastal cities," said Jin Yoon, a Hong Kong based analyst with Nomura. "But if you look at central and western China ... that's where the growth is coming from."
Official data show about 30 percent of China's current Internet users, or about 126 million, live in rural areas, or about half the penetration rates for big cities including Shanghai.
In the third quarter, China's Internet economy was worth 41.4 billion yuan ($6.2 billion), a third of which was e-commerce, data from iResearch shows.
Lower incomes aside, another major factor limiting Internet growth in the countryside is less developed telecommunications, with broadband relatively scarce.
That could start to change, however, as China promotes a "triple play" project starting in 2013, aimed at delivering TV, telephone and Internet networks over sophisticated broadband networks to reach more homes faster.
"Once the infrastructure is in place, we will see competition in broadband heat up," said Mirae Asset analyst Eric Wen.
GETTING CONNECTED
Niki Xie, 22, a migrant to Shanghai from interior Hubei province, is typical of the youth that China's Internet titans would like to tap.
Having recently lost her sales job, she sat at an Internet bar on a recent afternoon, idling away her time by playing Tian Long Ba Bu, a hit game from Changyou, for up to eight hours a day.
"I have nothing to do, so I spend my time online and playing my boyfriend's character," said Xie, navigating her purple clad avatar onto a fluffy white rabbit.
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Wednesday, November 17, 2010

Wynn meets 3rd-quarter estimates, sets $8 dividend - Casino

LOS ANGELES (Reuters) - Casino operator Wynn Resorts Ltd's (WYNN.O) quarterly profit met Wall Street estimates as revenue in Macau rose 50 percent and it made money on nightclubs in Las Vegas.
The company also said it would pay a cash dividend of $8 per share on December 7. Its shares, which have nearly doubled so far this year, fell about 1.8 percent.
"I think there was a lot of talk in the market that the special dividend was coming," said Hudson Securities analyst Robert LaFleur. "Folks maybe thought it would be higher."
Gambling revenue has soared this year in Macau, the only place in China where gambling is legal, while the Las Vegas Strip has grappled with lackluster demand and a glut of new hotel rooms and casinos.
"I believe we've seen the bottom in Las Vegas," Chief Executive Officer Steve Wynn said on a conference call. "I don't know when it's going to get better, but I don't think it's going to get worse."
He also said October, which includes China's Golden Week holiday, was Wynn's best month ever in Macau. "We made over $90 million," Wynn said.
The company, which operates two casino-resorts in Macau and two in Las Vegas, reported a third-quarter net loss of $33.5 million, or 27 cents per share, compared with net income of $34.2 million, or 28 cents per share, a year earlier.
Excluding items such as a $64.2 million charge for early repayment of debt, Wynn earned 39 cents a share, matching the average analyst estimate, according to Thomson Reuters I/B/E/S.
"The results were solid," LaFleur said. "Vegas was a bit stronger than we were looking for on the strength of their nightclubs, of all things."
Net revenue rose 29 percent to $1 billion. Analysts had expected $990.8 million.
Wynn's revenue in Las Vegas rose 3 percent, while adjusted property earnings rose 9.3 percent due mainly to higher non-gambling revenue.
Property earnings in Macau rose 54.5 percent.
"The slow, gradual improvement that we expected in Vegas is playing out," said Morningstar analyst Michelle Chang. "And growth in Macau is exceeding our expectations."
Wynn said the company is close to completing design work on a third Macau resort, which he said could begin construction next year and be up and running by 2015. He said the project would likely have a budget between $2 billion and $3 billion.
Watch Casino Online

Tuesday, November 16, 2010

UPDATE 1-Cineworld 42-week sales up as 3D movies lure audiences - Movies

* Sees FY at least in line with market view
* Box office sales for 42 weeks to Oct 21 up 8.3 pct
(Adds details)
Oct 26 (Reuters) - Cineworld Group Plc (CINE.L) said on
Tuesday its total revenue grew 8.5 percent in the 42 weeks to
Oct. 21 as 3D movies attracted audiences despite pressure on
consumer spending.
The British cinema chain said the second half had a number
of successful releases, including "Shrek Forever After (3D)",
"The Twilight Saga: Eclipse" and "Toy Story 3" (3D), which was
the biggest film release of the year to date according to
research firm Rentrak.
"The higher number of admissions since the half year end
(June 30) has helped to increase retail revenues in what
remains a challenging consumer environment," Cineworld said in
a statement.
The company also said it was confident of continued growth
for the full year at least in line with market expectations on
a promising line up, including "Harry Potter: Deathly Hallows
1".
In August, Cineworld had posted a nearly flat first-half
pretax profit as it lost some audience to the soccer World Cup,
but said it started the second half strongly with a string of
blockbusters and 3D films.
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Monday, November 15, 2010

'Megamind' tops box offices for second week - Comedy

LOS ANGELES (Reuters) - Animated comedy 'Megamind' proved to be the best of the movie class for a second week, claiming the No. 1 spot at North American box offices with $30 million, according to studio estimates on Sunday.
The family-oriented comedy saw its ticket sales drop 35 percent in its second weekend in theaters, pushing its two-week total to $89.8 million and showing solid staying power for its maker DreamWorks Animation and distributor Paramount Pictures.
In second place was 20th Century Fox's runaway train movie "Unstoppable," starring Denzel Washington and Chris Pine. It pulled in $23.5 million and was the top-grossing new release over the weekend.
Among other major new movies, thriller "Skyline" was No. 4 with $11.7 million, while comedy "Morning Glory" was just behind in the fifth spot with $9.6 million.
Buddy comedy "Due Date" from Warner Bros. was No. 3 at $15.5 million, pushing its two-week total to $59 million.
"Skyline" was released by Universal Pictures, a unit of General Electric's NBC Universal media division, and "Morning Glory" was distributed by Paramount Pictures, part of Viacom Inc 20th Century Fox is a division of News Corp.
Watch Comedy Online

Sunday, November 14, 2010

Orlando Bloom, Beth Ditto win German Bambi awards - Celebrities

BERLIN (Reuters) - National and international celebrities including actor Orlando Bloom, soccer player Mesut Ozil and singer Beth Ditto took home Germany's most coveted media prizes, known as the "Bambi Awards."
A UNICEF Goodwill Ambassador since 2009, "Lord of the Rings" star Bloom won the Bambi Charity Award on Thursday night for his humanitarian work with children in some of the world's poorest regions.
"He always makes time to travel to distant countries so he can draw attention to the destitution faced by children and the work done by charities," the jury said, explaining its decision.
The Bambi Awards are Germany's most important media prizes and have been awarded every year since 1948 to "people with vision and creativity, whose outstanding successes and achievements have been reported in the media."
But it was Germany's soccer heroes who stole the show hosted by "Sex and the City" star Sarah Jessica Parker near Berlin on Thursday evening.
Turkish-born Real Madrid footballer Ozil was hailed as a prime example of successful integration into German society and won the prize in the "Integration" category.
"This is a great honor for me and I'm very happy," he said. "Integration creates something new and makes for a more colorful Germany."
Singer Shakira presented the German national soccer team coach Joachim Loew and his team with the jury's "Special Prize" for their performance at the World Cup in South Africa earlier this year, where Germany claimed third place.
Explaining its decision the jury said: "German football has never been so young -- and it has seldom been as passionate and innovative as it was during the World Cup in South Africa."
National trainer Andreas Koepke said the award was a "lucky charm" for the German national side's next big challenge -- winning the European soccer Championship.
Other members of the star-studded audience to be awarded a prize included U.S. singer Beth Ditto, who bagged the prize for "Pop International," and British environmental activist Jane Goodall, who picked up the "Our Earth" award for her ongoing campaigns to protect the environment and endangered species.
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UPDATE 1-Eros H1 profit up 34 pct; positive on outlook - Sci Fi

* Pretax profit $27.9 mln vs 20.8 mln stg
* Turnover up 20.3 pct to $68 million
(Adds details)
Nov 12 (Reuters) - Indian movie distributor Eros
International Plc (EROS.L) posted a 33.8 percent rise in
first-half profit as revenue from its theatrical division grew,
helped by the box office success of Bollywood film "Housefull".
With the success of "Golmaal 3" (Chaos - Part 3), which had
grossed $15.5 million globally in the first week, the company
saw a promising start to its second half.
Eros, whose Indian unit recently listed on the Bombay Stock
Exchange , said it was positive about its
outlook, thanks to a vibrant pipeline of projects.
The company's slate includes sci-fi movie "RA.One",
starring Indian A-listers Shahrukh Khan and Kareena Kapoor, and
"No Problem," featuring "Slumdog Millionaire" actor Anil
Kapoor.
Pretax profit for the six months ended Sept. 30 was $27.9
million, compared with $20.8 million in the year-ago period.
Turnover rose 20.3 percent to $68 million.
Watch Sci Fi Online

Saturday, November 13, 2010

Rijkaard leaves Galatasaray after poor start - Board Games

ISTANBUL (Reuters) - Frank Rijkaard's contract as coach of Galatasaray has been terminated by mutual agreement, the club said on Wednesday, ending his spell in charge after a terrible start to the season.
The former UEFA Cup winners are ninth in the Turkish championship after eight games, eight points adrift of leaders Bursaspor. Galatasaray also failed to reach the group stage of this season's Champions League or Europa League.
It was not immediately clear who would take over from Dutchman Rijkaard but local media said the 17-times Turkish champions had made an official proposal to former Galatasaray and Turkey coach Fatih Terim.
Galatasaray held a management board meeting this week after Saturday's 4-2 home defeat by Ankaragucu to discuss the situation and said at the time it would announce decisions during the week.
"As a result of mutual talks with technical director Frank Rijkaard... we have decided to part ways as of October 20," the club said in a statement on its website (www.galatasaray.org).
Trainer Johan Neeskens and their assistants had also left the club, the statement said.
"We have a debt of gratitude to the esteemed Frank Rijkaard for his work and efforts for Galatasaray," it added, without disclosing a reason for the decision.
The Dutchman took the helm at the Istanbul club in 2009 after five seasons in charge of Barcelona.

� Continued...
The relations between First Quantum and the Democratic Republic of Congo have gone from bad to worse in recent months, after the country expropriated the miner’s $765 million Kolwezi copper tailings project in September. � Blog�
When some of the most influential figures in emerging markets finance spoke to a group of Reuters editors, they were asked about top picks for growth beyond the so-called BRIC countries of Brazil, Russia, India and China.� Blog�
The giggles started when the seventh journalist in a row said that his question was for Egypt’s water and irrigation minister, Mohamed Nasreddin Allam.� Blog�
It has debt levels to die for and huge amounts of oil, but economically it’s lagging and political concerns remain. Speakers at a Libyan trade and investment forum this week saw the North African country as a mixed bag.� Blog�
If Guinea can pull off free and fair elections this weekend, it will lay the foundations for what could be one of Africa’s most unexpected and significant good news stories.� Blog�
Africa is providing a lot of fine material for the London theatre these days.� Blog�
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UK defense boss calls for Harry drama to be dropped - Documentary

LONDON (Reuters Life!) - The head of Britain's armed forces has written to broadcaster Channel 4 to urge it not to show a "dramatized documentary" examining what might happen if Prince Harry were kidnapped on military duty in Afghanistan.
The 90-minute program called "The Taking of Prince Harry" is due to be aired Thursday, and recreates a helicopter crash in the south of Afghanistan and the subsequent capture of Queen Elizabeth's grandson, who is third in line to the throne.
Harry served with British forces in Afghanistan in 2008, becoming the first member of the royal family to see action since his uncle Prince Andrew flew helicopters in the Falklands War in 1982.
"We can confirm that (Air Chief Marshal) Jock (Stirrup) sent a letter to the chairman of Channel 4," a spokesman for the Ministry of Defense said. "It was a private letter and it would be inappropriate to comment on its contents."
The letter was partly motivated by what Stirrup viewed as a lack of respect by program makers for troops serving in Afghanistan and their families back home, a defense source said.
Reports have said that the film includes a scene in which the actor playing Harry is made to appear in Taliban and al Qaeda propaganda. It also features contributions from intelligence analysts and people who have been taken hostage.
Channel 4 came under fire when it announced the film earlier this month, with The Sun newspaper's in-house security expert Andy McNab saying it was "in bad taste."
Harry, 26, has spoken of his desire to return to Afghanistan, which he was forced to leave prematurely after news of his presence there was leaked.
Channel 4 said earlier this month that it contacted the royal family about the film, but had received no response.
When asked about Stirrup's letter, a spokeswoman for the broadcaster replied:
"We have written to ... Stirrup replying to his concerns. The film is rooted in expert testimony and is a serious journalistic examination of a current issue. It treats the subject matter sensitively.
"It is a legitimate subject for documentary to explore the risks that Prince Harry faces as a high value target, and to seek to understand the full nature of the dangers to a royal in the modern theater of war as well as the political implications of a high profile kidnap."
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