Europe's antitrust watchdog has pushed back its deadline for approval of the proposed $12.6 billion merger of News Corp. and British Sky Broadcasting PLC while it considers whether to give the deal its blessing.
Metro-Goldwyn-Mayer Studios Inc. won approval for its restructuring plan on Thursday, allowing the company to emerge under the control of Spyglass Entertainment Holdings LLC just weeks after it sought Chapter 11 protection.
The Sacramento Kings professional basketball team has hit three companies with a suit over an allegedly defective exercise ball that burst while a player was using it to work out, costing the team more than $4 million.
The Federal Communications Commission is looking into a complaint from Level 3 Communications LLC that Comcast Corp. has imposed a fee on the Internet network operator to transmit movies and other data online in violation of the agency's proposed network neutrality principles, FCC Chairman Julius Genachowski said Tuesday amid an escalating public row between the two telecommunications giants.
A former running back for the Washington Redskins and Carolina Panthers has sued the National Football League's retirement plan, arguing that the plan's administrators unfairly denied him the highest level of disability payments for injuries stemming from a career-ending helmet-to-helmet tackle.
A putative class of Internet users accused of infringing copyrights to the German film "Far Cry" has sued Dunlap Grubb & Weaver PLLC, counsel for the production company that made the movie, saying it lied about the film's release date to trick thousands of people into agreeing to fraudulent settlements.
A bankruptcy judge has greenlighted a financing package of $565 million for National Enquirer publisher American Media Inc. and signed off on an agreement that formally commits stakeholders to the media company's Chapter 11 exit plan.
The U.S. Supreme Court has declined to hear whether a woman who was sued by several major record companies for downloading and distributing songs through a peer-to-peer file-sharing system can use the defense that she was unaware she was breaking copyright laws.
Clear Channel Communications Inc. and two of its subsidiaries have won the dismissal of a radio station's $9.5 million suit accusing them and Arbitron Inc. of conspiring to quash industry competition.
The U.S. Supreme Court on Monday declined to hear a case in which a group of small tennis organizations accused men's professional tennis association ATP Tour Inc. of violating antitrust laws when it reconfigured its tournament system.
California's Supreme Court has refused to hear SF Weekly's challenge to its $21 million litigation loss to rival Bay Guardian Co., which sued the alternative newspaper after SF Weekly allegedly tried to run it out of business by using predatory pricing in its advertising.
A bankruptcy judge has given his blessing to The Tribune Co.'s unsecured creditors to file an unredacted version of their massive adversary complaint against the company's former management, billionaire Sam Zell, JPMorgan Chase Bank NA, Morgan Stanley Co. and others over their roles in a leveraged buyout that the creditors say was "tainted from start to finish" and killed the company.
A federal appeals court has ruled in favor of the National Football League and its players union in a lawsuit filed by six former players who wanted to hold the entities liable for the $20 million they lost in a Ponzi scheme run by hedge fund manager Kirk Wright.
The owner of a small movie theater in Brooklyn, N.Y., has been arrested and charged with misappropriating hundreds of thousands of dollars of investor funds.
Motorola Mobility Inc. has launched an action in the U.S. International Trade Commission accusing Microsoft Corp. of importing Xbox 360 gaming and entertainment consoles that infringe five patents covering digital video coding and transmission.
The U.S. Tennis Association has filed suit to prevent Olympus Corp. of the Americas from bailing on a multiyear sponsorship of the U.S. Open, claiming the camera company fabricated a conflict with Panasonic Corp. in order to break the contract and save roughly $12 million.
A federal judge has tossed all but one of the five counterclaims brought by the heirs of comic book artist Jack Kirby, who are seeking to terminate Marvel's rights to the Incredible Hulk, Spider-Man, the X-Men and other superhero characters.
Cox Communications Inc. has struck a deal that resolves its competition concerns over an $11 billion merger between Qwest Communications International Inc. and CenturyLink Inc., putting the tie-up one step closer to winning approval from regulators.
A federal appeals court has denied efforts by the Louisiana Stadium and Exposition District, the owner of the Superdome in New Orleans, to force a Merrill Lynch & Co. Inc. subsidiary into arbitration to resolve a dispute over bonding to fund stadium repairs after Hurricane Katrina.
British Sky Broadcasting PLC told a U.K. competition authority on Monday that it would remain independent even if News Corp.'s proposed takeover is finalized, the same day the Church of England said the $12.6 billion deal would allow the U.S. media giant to dominate the British media landscape.