Regal Entertainment Group, the largest U.S. film exhibitor, has reached a settlement with Mel Gibson's Icon Distribution in the lawsuit arising from the firm's exhibition of "The Passion of the Christ," Regal reported in a regulatory filing March 1.
Blockbuster Inc.'s play for rival Hollywood Entertainment was dealt another blow March 4 as the Federal Trade Commission said the video rental giant has provided "insufficient and inaccurate" information about its proposed takeover deal.
Video rental firm Hollywood Entertainment expects to close a proposed takeover by Movie Gallery during the second quarter, the company said in a proxy statement filed Feb. 22 with the Securities and Exchange Commission.
Liberty Media-controlled DMX Music, a provider of digital music and visual programming to homes, businesses and airlines, said Feb. 14 that its U.S. operations have filed for Chapter 11 bankruptcy protection and that it has agreed to be acquired by investment firm THP Capstar.
Shares of sound technology firm Dolby Laboratories started trading Feb. 17 on the New York Stock Exchange with a 35% pop, making it the best first-day return of any initial public offering so far this year.
Shares of Hollywood Entertainment were flying higher Oct. 14 after the nation's second-largest video rental firm said it has agreed to a lower price tag for a buyout by California-based investment firm Leonard Green & Partners.