Economics

  1. Blockbuster, N.J. Settle Over 'No Late Fees'

    January 10, 2006 12:00 AM EST Blockbuster will pay more than $140,000 to customers and the state of New Jersey in a settlement over its 'No Late Fees' program. Blockbuster will pay more than $140,000 to customers and the “state of New Jersey in a settlement over its ...

  2. Blockbuster Stores Differ On Fee Policy

    December 15, 2005 12:00 AM EST 'No Late Fees' discontinued at 150 locations. Blockbuster’s “No Late Fees” program is being discontinued at some of its franchise locations in the South. It is believed that about 150 Blockbuster-owned rental stores in Alabama, Arkansas, ...

  3. U.K. Regulator To Probe HMV's Books Chain Buy

    December 06, 2005 12:00 AM EST OFT refers Ottakar's deal to Competition Commission. OFT refers Ottakar's deal to Competition Commission. News ...

  4. Clear Channel To Issue CCE Spinco Dividend

    December 05, 2005 12:00 AM EST Distributed around Dec. 21. Clear Channel Communications will execute its spin-off of CCE Spinco by distributing the CCE shares in a dividend around Dec. 21, pending clearance by U.S. securities regulators. Clear Channel shareholders on December 1 ...

  5. APRA's Distributable Income Surpasses A$10M

    November 21, 2005 12:00 AM EST The Australasian Performing Right Assn. reported a 10% year-on-year rise in net distributable revenue to A$107 million ($78.11 million) in its 2004-05 financial period, APRA CEO Brett Cottle said Nov. The Australasian Performing Right Assn. report ...

  6. Circuit City Entering Online Video Rental Biz

    October 05, 2005 12:00 AM EDT Partnership in place with GameZnFlix. Circuit City will be entering the online video rental business next month thanks to a new partnership with GameZnFlix. Beginning Nov. 1, visitors to CircuitCity.com will gain access to GameZnFlix.com, which of ...

  7. Intellectual Property Rights Campaign Launched

    September 29, 2005 12:00 AM EDT National plan in preparation for fall hearings. The Canadian Recording Industry Assn. in Toronto launched a national campaign today (Sept. 29) to protect and promote respect for intellectual property. The plan comes in advance of public hearings l ...

  8. Hastings Ent. Releases Financial Results

    August 25, 2005 12:00 AM EDT Chain hits earnings forecast in Q2. Although Hastings Entertainment hit its earnings forecast by generating $671,000 in net income, or six cents per diluted share, on sales of $122.7 million in the three-month period ended July 31, the Amarillo, T ...

  9. German Court: Investors In EM.TV Can Sue

    July 26, 2005 12:00 AM EDT Shareholders who lost their shirts following the collapse of EM.TV five years ago could get their money back, following a ruling July 19 by Germany's supreme court. COLOGNE, Germany (The Hollywood Reporter) -- Shareholders who lost their shir ...

  10. Some Early TVT Titles On Auction Block

    July 26, 2005 12:00 AM EDT The music catalog assets used as collateral to secure a $23.5 million loan to TVT Catalog Enterprises LLC and subsidiaries are being put up for auction by the lender, Prudential Securities Credit Corp NEW YORK -- The music catalog assets used as c ...

  11. Sacem Revenues Post Limited Growth in 2004

    June 24, 2005 12:00 AM EDT Income from mechanical rights dropped 24%. French authors rights society Sacem collected in 2004 € 726.5 million ($ 881 million), a 2.5% increase over 2003. Sacem distributed € 578.1 million ($ 701 million) to its members, € 300 000 ($ 363 800) mo ...

  12. Warner Music Loss Narrows

    June 13, 2005 12:00 AM EDT Warner Music Group Corp. today (June 13) posted a narrower loss in its first quarter as a publicly traded company, helped by a weaker dollar and growth of online music sales. Warner Music Group Corp. today (June 13) posted a narrower loss in its f ...

  13. UMG Helps Swing VU Q1 Profit

    May 19, 2005 12:00 AM EDT Music division registers $45M earnings. A financial turnaround at Universal Music Group helped parent company Vivendi Universal register better-than-expected first-quarter results today (May 19) Greater margins on higher sales volumes and lower re ...

  14. Blockbuster Reports $57.5 Million Net Loss

    May 17, 2005 12:00 AM EDT Blockbuster is reporting a $57.5 million net loss for the first quarter of the year. LOS ANGELES -- Blockbuster is reporting a $57.5 million net loss for the first quarter of the year. The company says that the primary culprits were costs relating ...

  15. Warner Music Reveals Net Loss

    May 16, 2005 12:00 AM EDT Warner Music Group says it posted a fiscal second quarter net loss of $18 million vs. a net loss of $45 million during the same period a year ago. Warner Music Group says it posted a fiscal second quarter net loss of $18 million vs. a net loss of ...

  16. Warner Music IPO Opens Below Asking Price

    May 11, 2005 12:00 AM EDT Shares in Warner Music Group stumbled out of the gates this morning following the company's initial public offering of 32.6 million shares at $17 a share. After opening at $16.60 the stock, which is t Shares in Warner Music Group stumbled out ...

  17. Britain's PPL Reports 2004 Gains

    May 11, 2005 12:00 AM EDT British record industry collecting society Phonographic Performance Limited has reported distributable income to its members of £71.5 million ($134.6 million) in 2004, up from £68.7 million British record industry collecting soci ...

  18. WMG Eyes $581M From IPO

    April 08, 2005 12:00 AM EDT Most proceeds will pay debt, owners. Most proceeds will pay debt, owners. News ...

  19. Blockbuster Settles Over 'No Late Fees'

    April 05, 2005 12:00 AM EDT Blockbuster Inc. has agreed to pay about $630,000 to settle claims by 47 states and the District of Columbia that the nation's biggest movie rental chain deceived consumers with its "No Late Fees" cam PORTLAND, Ore. (AP) -- Blockbus ...

  20. Blockbuster Settles Over 'No Late Fees'

    March 29, 2005 12:00 AM EST Blockbuster Inc. has agreed to pay about $630,000 to settle claims by 47 states and the District of Columbia that the nation's biggest movie rental chain deceived consumers with its "No Late Fees" cam PORTLAND, Ore. (AP) -- Blockbus ...

  21. FTC to Oppose Blockbuster Bid For Hollywood

    March 16, 2005 12:00 AM EST Sources: Deal thought to hamper competition. WASHINGTON (Reuters) - Staff of the U.S. Federal Trade Commission plan to recommend that the agency block Blockbuster Inc.'s hostile bid to buy Hollywood Entertainment Corp., sources close to the c ...

  22. EchoStar Settles Dispute Over Bad Satellite

    March 15, 2005 12:00 AM EST EchoStar Communications Corp. has agreed to settle a five-plus-year insurance claim over a malfunctioning satellite that could net up to $240 million. DENVER (AP) -- EchoStar Communications Corp. has agreed to settle a five-plus-year insurance cla ...

  23. UMG Posts Major Gains

    March 10, 2005 12:00 AM EST profit, revenue rise. 2004 profit, revenue rise. News ...

  24. PHE Exec Madoff Adds Duties

    March 08, 2005 12:00 AM EST Longtime Paramount Home Entertainment and pay television executive Steve Madoff is replacing Steven Glick, PHE executive VP of business affairs, licensees and business development, who is leaving the (The Hollywood Reporter) -- Longtime Paramount ...

  25. Dolby Up 35% As IPO Raises $495 Mil

    February 22, 2005 12:00 AM EST 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 NEW YORK (The Hollywood Reporter) -- Shares of ...

  26. NJ Sues Blockbuster Over Late Fees Policy

    February 22, 2005 12:00 AM EST New Jersey Attorney General Peter C. Harvey filed a lawsuit Feb. 18 against Blockbuster Inc., claiming that the rental chain's "no late fees" policy violates the state's Consumer Fraud Act. LOS ANGELES -- New Jersey Attorney Ge ...

  27. NJ Sues Blockbuster Over Late Fees Policy

    February 18, 2005 12:00 AM EST New Jersey Attorney General Peter C. Harvey filed a lawsuit Feb. 18 against Blockbuster Inc., claiming that the rental chain's "no late fees" policy violates the state's Consumer Fraud Act. New Jersey Attorney General Peter C. ...

  28. NJ Sues Blockbuster Over Late Fees Policy

    February 18, 2005 12:00 AM EST Suit claims consumer fraud. New Jersey Attorney General Peter C. Harvey filed a lawsuit Feb. 18 against Blockbuster Inc., claiming that the rental chain's "no late fees" policy violates the state's Consumer Fraud Act. The suit, ...

  29. Nicoli Speaks On U.K.'s Creative Industries IP Forum

    February 08, 2005 12:00 AM EST EMI Group chairman Eric Nicoli spoke Feb. 4 at the Advancing Enterprise 2005 conference in London, organized by the department of the Chancellor of the Exchequer Gordon Brown.The following is an edite EMI Group chairman Eric Nicoli spoke Feb. 4 at ...

  30. Lenders Shutter Dart Distributing

    February 07, 2005 12:00 AM EST Dart Distributing, a Chaska, Minn.-based rackjobber, was apparently shut down Jan. 28 when its lender pulled the plug on its revolving credit facility. Dart Distributing, a Chaska, Minn.-based rackjobber, was apparently shut down Jan. 28 when its ...

  31. Nicoli Asks U.K. Gov't To Champion IP Industries

    February 04, 2005 12:00 AM EST EMI chief calls for protection on int'l level. EMI Group chairman Eric Nicoli is urging British policymakers to put the creative industries "at the center of the government agenda" and take the lead in defending their rights at an i ...

  32. Nicoli Asks U.K. Gov't To Champion IP Industries

    February 04, 2005 12:00 AM EST EMI Group chairman Eric Nicoli is urging British policymakers to put the creative industries "at the center of the government agenda" and take the lead in defending their rights at an international le EMI Group chairman Eric Nicoli is ur ...

  33. French Watchdog Lodges Complaints Against VU

    January 25, 2005 12:00 AM EST France's market regulator, AMF, has begun disciplinary proceedings against Vivendi Universal stemming from an inquiry into a November 2002 bond issue and has made complaints about its two top executiv (Reuters) -- France's market regulat ...

  34. French Watchdog Lodges Complaints Against VU

    January 19, 2005 12:00 AM EST France's market regulator has begun disciplinary proceedings against Vivendi Universal stemming from an inquiry into a November 2002 bond issue and has made complaints about its two top executives. France's market regulator has begun dis ...

  35. French Watchdog Lodges Complaints Against VU

    January 19, 2005 12:00 AM EST France's market regulator has begun disciplinary proceedings against Vivendi Universal stemming from an inquiry into a November 2002 bond issue and has made complaints about its two top executives. France's market regulator has begun dis ...

  36. Blockbuster Eliminates Late Fees

    December 14, 2004 12:00 AM EST Blockbuster announced today (Dec. 14) that its customers will not be charged late fees for rentals as of Jan. 1, 2005. Blockbuster announced today (Dec. 14) that its customers will not be charged late fees for rentals as of Jan. 1, 2005. Consumers ...

  37. Virgin Digital Unveils Prepaid Cards

    December 08, 2004 12:00 AM EST Virgin Digital today (Dec. 8) revealed an agreement that will place prepaid cards for its download store in 5,500 CVS pharmacies across the United States. Virgin Digital today (Dec. 8) revealed an agreement that will place prepaid cards for its do ...

  38. Virgin Digital Unveils Prepaid Cards

    December 08, 2004 12:00 AM EST Download store available to CVS customers. Virgin Digital today (Dec. 8) revealed an agreement that will place prepaid cards for its download store in 5,500 CVS pharmacies across the United States. The cards will be available in increments of $14. ...

  39. Weed Owner Scores Funds

    December 06, 2004 12:00 AM EST AV Capital makes investment. AV Capital makes investment. News ...

  40. Weed Owner Scores Funds

    December 06, 2004 12:00 AM EST Shared Media Licensing, operator of the Weed peer-to-peer distribution system, has received an investment of an undisclosed sum from AV Capital, the newly formed private equity arm of Seattle-based ma Shared Media Licensing, operator of the Weed p ...

  41. FCC Auctions 258 Permits for New FM Stations

    November 30, 2004 12:00 AM EST U.S. regulators on Nov. 24 said they had sold 258 permits for new radio broadcasting facilities around the country in their first-ever open FM auction. WASHINGTON, D.C. (Reuters) -- U.S. regulators on Nov. 24 said they had sold 258 permits for new ...

  42. APRA Posts Revenue Growth

    November 08, 2004 12:00 AM EST The Australasian Performing Right Assn. (APRA) has reported net distributions to members in the 2003-04 period increased year-on-year by 6.5% to A$97.88m ($74.38 million). The Australasian Performing Right Assn. (APRA) has reported net distributio ...

  43. Digital Entertainment Valuations Rebound

    November 04, 2004 12:00 AM EST Digital entertainment valuations are returning to pre-2000 levels, investment professionals said today (Nov. 4) at the Billboard Digital Entertainment Conference & Awards, held at the University o Digital entertainment valuations are retur ...

  44. Corporate Tax Bill Pleases Entertainment Industry

    October 19, 2004 12:00 AM EDT Record labels and independent film producers applauded congressional approval of a $136 billion corporate tax package that cuts taxes for businesses ranging from film companies to bow-and-arrow makers WASHINGTON, D.C. -- Record labels and independ ...

  45. Juanes

    October 15, 2004 12:00 AM EDT Latin star incorporates his earlier hard-rock edge with a more recent strain of optimism. Latin star incorporates his earlier hard-rock edge with a more recent strain of optimism. News ...

  46. U.K. Venues Firm McKenzie Changes Hands

    September 01, 2004 12:00 AM EDT Private-equity institution Royal London Private Equity has completed a £33.5 million ($60 million) management buyout of British venues operator McKenzie Group (MKG), owner of the Academy-branded Private-equity institution Royal London Pri ...

  47. U.K. Venues Firm McKenzie Changes Hands

    September 01, 2004 12:00 AM EDT Private-equity institution Royal London Private Equity has completed a £33.5 million ($60 million) management buyout of British venues operator McKenzie Group (MKG), owner of the Academy-branded Private-equity institution Royal London Pri ...

  48. Heavy D's Insurer Ordered To Pay

    August 24, 2004 12:00 AM EDT Nearly 13 years after a stampede by fans at a celebrity basketball game, an insurance dispute over Heavy D & the Boyz's coverage for deaths and injuries at the event was tried without a jury in a NEW YORK -- Nearly 13 years after a st ...

  49. R.I. Workers' Comp Court Fines Station Owners $1 Mil

    August 19, 2004 12:00 AM EDT Derderians personally liable for lack of insurance. Derderians personally liable for lack of insurance. News ...

  50. MSN Making Entertainment Services Push

    August 12, 2004 12:00 AM EDT Unit inks DVD rental, movie download deals. Unit inks DVD rental, movie download deals. News ...

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