Media & EntertainmentRSS

  • October 13, 2010

    Gloves Dropped In Minn. Youth Hockey Antitrust Fight

    A for-profit youth hockey program has filed suit against Minnesota's official hockey governing body and its local districts, alleging they are violating antitrust law by barring athletes from playing in two leagues at the same time in the hockey-mad state.

  • October 13, 2010

    2nd Circ. Affirms Toss Of Steinbeck Copyright Spat

    A federal appeals court ruled Wednesday that a lower court was right to toss a decades-long squabble over copyright control for the literary works of John Steinbeck.

  • October 12, 2010

    Calif. Appeals Court Nixes RIAA Restitution Award

    A California appeals court has held that the Recording Industry Association of America, a music industry trade group, was not a direct victim of two criminal defendants’ storage and sale of counterfeit compact discs and should not have received a restitution award.

  • October 12, 2010

    Auction Veto Nixed For Thompson's Stalking Horse

    A bankruptcy judge on Tuesday shot down Thompson Publishing Group Inc.’s attempt to extend an effective veto power to its stalking horse bidder in an upcoming auction of the company’s assets, agreeing with the U.S. trustee that the move could have a chilling effect on competing bids.

  • October 12, 2010

    Aurelius Balks At Move To Settle Tribune Claims

    Aurelius Capital Management LP has objected to requests by bankrupt Tribune Co.’s unsecured creditors to begin resolving claims against the media giant, arguing that the process the creditors have proposed is insufficient.

  • October 12, 2010

    Tribune Pitches $420M Settlement For Bondholder Debt

    Tribune bondholders that hold more than $1 billion in unsecured debt, including money manager Aurelius Capital Management LP, would receive $420 million under the terms of a plan the bankrupt media conglomerate will float by Oct. 15, the debtor said Tuesday, having enlisted more allies such as the unsecured creditors committee and JPMorgan Chase Bank NA.

  • October 12, 2010

    Mark Cuban Wants $2.6M For Failed Rangers Bid

    Following their failed attempt to purchase the bankrupt Texas Rangers baseball team, Mark Cuban and James Crane are seeking $2.6 million in attorneys' fees and costs from the team, arguing that they should be compensated for their role in the franchise's auction, which was won by a $593 million bid from a rival group led by Reed Smith LLP's Charles Greenberg and Hall of Fame pitcher Nolan Ryan.

  • October 12, 2010

    Take-Two $20M Backdating Settlement Approved

    A judge has given final approval to a $20.1 million settlement in an investor class action accusing Take-Two Interactive Software Inc. — maker of the "Grand Theft Auto" video game series — of improperly backdating stock options.

  • October 11, 2010

    2nd Circ. Revives Claim By Fired MSNBC Reporter

    A federal appeals court has sent a wrongful termination suit, including a breach of contract charge, brought by a former MSNBC reporter back to a lower court, saying a judge erred in ruling that the wording of certain e-mails the reporter had sent to supervisors constituted her resignation.

  • October 11, 2010

    R2 Cries Foul Over Citadel's Stock Grants To Execs

    R2 Investments LDC has accused the formerly bankrupt radio firm Citadel Broadcasting Corp. of violating its restructuring plan by paying $110 million in equity to management as opposed to handing out longer-term stock options.

  • October 11, 2010

    2 Live Crew Founder Sued For Using Trademarks

    The owner of the trademarks for 2 Live Crew has sued the hip-hop group's co-founder, accusing David Hobbs of promoting himself as a former member in breach of a previous agreement and continuing to use the trademarks despite a court order against him.

  • October 11, 2010

    Movie Gallery Seeks Probe Into Ex-Worker's Conduct

    Movie Gallery Inc. has asked a bankruptcy judge to appoint an examiner to investigate a former employee who allegedly attempted to trade confidential information to a potential buyer of a portion of the company’s assets in return for a job.

  • October 8, 2010

    Hicks Says $476M Bid Undervalues Liverpool

    Liverpool Football Club co-owner Tom Hicks — who recently unloaded the bankrupt Texas Rangers — has tried to thwart the sale of his debt-ridden soccer team, saying the current $476 million bid by the owners of the Boston Red Sox dramatically undervalues the club.

  • October 8, 2010

    Miami Heat Sues Clear Channel Over Broadcast Deal

    The Miami Heat LP has accused Clear Channel Broadcasting Inc. of breaching a contract for the radio broadcast of the professional basketball team's games, with the Heat claiming it's owed the same perks the Miami Dolphins secured in a separate radio deal with the media giant.

  • October 8, 2010

    Steinbeck Heirs Battle Wife's Estate Before 2nd Circ.

    A decades-long squabble over control of copyrights for the works of John Steinbeck spilled over into a federal appeals court on Friday, with the author’s son and granddaughter seeking to reinstate a suit against the heirs of Steinbeck’s third wife.

  • October 7, 2010

    Spyglass Execs Would Run MGM Under Prepack Ch. 11

    Metro-Goldwyn-Mayer Inc. said late Thursday that it was preparing for a prepackaged bankruptcy filing by seeking approval from its secured lenders of a proposed plan of reorganization that would hand over management of the movie studio to top executives at Spyglass Entertainment.

  • October 7, 2010

    Arbitron Escapes From Radio Station's Antitrust Suit

    Media research company Arbitron Inc. has won its bid for dismissal from a Mississippi radio station's $9.5 million suit accusing it and Clear Channel Communications Inc. of conspiring to silence industry competition.

  • October 7, 2010

    New Draft Of Anti-Counterfeiting Treaty Draws Criticism

    The latest draft of a controversial trade agreement to expand international intellectual property enforcement deletes certain provisions that initially alarmed many U.S. technology companies, but industry advocates say the treaty's scope may still be too broad.

  • October 7, 2010

    Pittsburgh Casino Shorted Security Guards On OT: Suit

    Pittsburgh's Rivers Casino has been hit with a putative collective action alleging it failed to pay security guards the federally mandated premium rate for overtime before time clocks were installed to keep track of their hours worked.

  • October 7, 2010

    Slacker Settles Samsung Memory Patent Suit In ITC

    Online radio company Slacker Inc. has become the latest respondent to agree to stop importing devices that allegedly infringe two flash memory patents assigned to Samsung Electronics Co. Ltd. in exchange for dismissal from an ongoing investigation in the U.S. International Trade Commission.