Entertainment Entertainment Industry News Headlines

Reuters - Online DVD rental pioneer Netflix Incon Thursday worked feverishly to fix the most severe outage in its history, as disc shipments to a third of its 8.4 million customers came to a halt due to a shipping system problem.

Reuters - Gannett Co Inc plans to eliminate 1,000 positions from its local newspapers around the U.S. because of declining advertising and circulation revenue, and may cut more if those conditions persist.

Reuters - United Artists Chief Executive Paula Wagner is in talks to leave the film studio in which she and actor Tom Cruise are partners, a source close to the situation said on Wednesday.

Reuters - DreamWorks Animation SKG Inc Chief Executive Jeffrey Katzenberg said on Wednesday the movie studio was in talks to make a sequel to box office hit "Kung Fu Panda" and could make an announcement within two months.

Reuters - Warner Music has bought a majority stake in a Spanish company specializing in artist management and touring as it seeks to expand alternative sources of revenue to compensate for falling CD sales.

Reuters - News and information publisher Thomson Reuters Corp reported slower revenue growth as the U.S. credit crisis forced investment banks to cut budgets and lay off thousands of workers, sending its shares down 5 percent.

Reuters - Ask and you shall receive, right? Not exactly, at least according to the TV industry bible, summer 2008 edition.

Reuters - New York property developer and television personality Donald Trump is suing his former lawyers for $5 million, saying the firm's use of his name on its website and in interviews violated his privacy.

Reuters - Leap Wireless International Inc said on Monday it had asked the U.S. telecom regulator to refuse permission for the Verizon Wireless' $28.1 billion plan to buy Alltel and become the No. 1 U.S. mobile service.

Reuters - Liberty Media Corp would be open to discussing a deal to swap its stake in Time Warner Inc for the media conglomerate's AOL dial-up Internet business, Liberty Chairman John Malone said on Monday.

AP - "The Dark Knight" ruled the box office for the fourth straight weekend, taking in $26.1 million to raise the Batman sequel's domestic gross to $441.6 million, No. 3 on the all-time revenue charts.

Reuters - "The Mummy: Tomb of the Dragon Emperor" triumphed at the international box office for a second consecutive weekend, earning an estimated $56.1 million from 49 territories.

Reuters - Other than Germans who thumbed their noses, an impressively wide swath of viewers worldwide tuned in for the opening ceremony of the Beijing Olympics, including a record-breaking number of Chinese.