March 24, 2010 /EIN PRESSWIRE/ Here are today’s top entertainment industry stories from the EIN News media monitoring service:
Random House Posts Flat 2009 Revenue; Still Bright Spot for Bertelsmann
Random House reported $2.3 billion in revenue for 2009 with an operating profit of $185 million, a profit equal to its 2008 numbers. Dan Brow’s The Lost Symbol and Stieg Larsson’s The Girl with the Dragon Tattoo drove sales for the publisher. Bertelsmann, owner of Random House, posted a net loss of $111 million last year.
Read more at Book Publishing Industry Today:
Random House News – http://books.einnews.com/news/random-house-inc
Lionsgate Rejects Takeover Bid by Billionaire Carl Icahn
Film studio Lionsgate has rejected a hostile bid from billionaire investor Carl Ichan. Ichan owns about 19% of Lionsgate and has stepped up his attempt to gain control of the film and TV company.
Read more at Movie Industry Today:
Lionsgate News – http://movies.einnews.com/news/lionsgate
UK Pirate Party Wants to Limit Copyrights to 10 Years
The UK Pirate Party has put on its platform limiting the length of time copyrights are granted. The upstart political party is also campaigning to oblige the BBC to release all its content under Creative Commons licenses.
Read more at Music Industry:
Piracy News – http://music.einnews.com/news/pirate-bay-music
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