Media & EntertainmentRSS

  • April 5, 2010

    Regent Aims To Block Equity Committee Formation

    Regent Communications Inc. has asked a judge to block the creation of an equity committee representing stockholders in its bankruptcy proceedings, saying valuation issues raised by a private equity firm would be better addressed at a scheduled plan confirmation hearing.

  • April 5, 2010

    AT&T Loses Bid To Toss Song Identification IP Suit

    A federal judge has shot down an attempt by LG Electronics USA Inc., AT&T Mobility LLC, Samsung Telecommunications America LLC and other defendants to nix a patent infringement suit over technology for identifying music using cell phones and other mobile devices.

  • April 1, 2010

    $750M Shareholder Suit Against Marvel, Stan Lee Nixed

    A judge has dismissed the latest incarnation of a long-running shareholder suit against Marvel Entertainment Inc. and Stan Lee seeking hundreds of millions of dollars in profits associated with the Incredible Hulk, Spider-Man, and other iconic movie and comic book characters.

  • April 1, 2010

    Facebook Gets Video Game Copyright Suit Tossed

    Facebook Inc. has won the dismissal of a copyright suit brought by a video game designer alleging that a game available on the social networking Web site infringes one of his creations.

  • April 1, 2010

    Wal-Mart, Netflix Try Again To Trim Online Rental MDL

    Wal-Mart Stores Inc. and Netflix Inc. have moved to dismiss the latest antitrust claims from Blockbuster Inc. customers, arguing that the plaintiffs still haven't proved that a Blockbuster price increase was due to an alleged conspiracy in the online DVD rental market.

  • March 31, 2010

    'Sopranos' Photo Game Infringes AMI Trademark: Suit

    Video game maker AMI Entertainment Network Inc. whacked A&E Television Networks LLC with a lawsuit Wednesday, accusing the cable network of infringing its “photo hunt” trademark in a video game related to popular television series “The Sopranos.”

  • March 31, 2010

    Ofcom Orders BSkyB To Lower Prices For Rivals

    The U.K. Office of Communications is forcing British Sky Broadcasting Group PLC to allow rival networks to air its premium sports broadcasting at a lower price, a ruling BSkyB immediately said it would appeal.

  • March 29, 2010

    Magna Disclosure Gets OK, Clearing Way For Plan Vote

    Magna Entertainment Corp. has secured bankruptcy court approval of its disclosure statement, giving the racetrack owner permission to move forward with efforts to obtain creditor votes in favor of its new restructuring plan, which drops plans to auction off Maryland horse racing tracks Laurel Park and Pimlico.

  • March 26, 2010

    Charter Investor Cries Foul On Ch. 11 Deal With Allen

    An investor has urged a federal judge to overturn the confirmation of Charter Communications Inc.’s reorganization plan, saying the company cut an unfair deal by largely handing itself over to controlling shareholder and Microsoft Corp. co-founder Paul G. Allen while stiffing other stockholders.

  • March 26, 2010

    Newsday Wins Dismissal Of Sherman Act, RICO Claims

    A federal judge has tossed the majority of the claims brought by the publisher of a TV magazine and listings guide who accused Newsday and other defendants of attempting to monopolize and dominate the print advertising market on Long Island.

  • March 25, 2010

    DIP Lenders' Delays Forced Loan Default: Phila. News

    The bankrupt Philadelphia Newspapers LLC has sued its debtor-in-possession lenders, saying they delayed bankruptcy procedures and an asset sale so much that it was impossible for the publisher of the Philadelphia Inquirer and other papers to repay the DIP loan by its maturity date.

  • March 25, 2010

    Lenders, Colony Capital To Acquire Station Casinos

    Bankrupt casino resort operator Station Casinos has filed a Chapter 11 restructuring plan that will see lenders who provided mortgages on several resorts and a private real estate investment firm take a majority stake in a new company.

  • March 24, 2010

    Copyright Office Affirms Judges' Subpoena Powers

    Weighing in on a question of law raised in a dispute over proposed royalty rates for Internet music broadcasts, the U.S. Copyright Office has rejected a bid to narrow copyright royalty judges’ authority to subpoena witnesses in administrative proceedings.

  • March 24, 2010

    Netflix Users Seek Class Cert. Over Wal-Mart Deal

    Netflix Inc. subscribers are seeking to certify a class of millions of people who they claim paid artificially high prices for online DVD rentals as a result of a 2005 agreement between Netflix and Wal-Mart Stores Inc.

  • March 24, 2010

    Slacker Settles In Fowler Woods Online Ad Patent Suit

    Fowler Woods LLC has dropped Slacker Inc. from its patent infringement suit against a host of Web-based companies over technology for displaying electronic advertisements with streaming audio, marking the latest in a string of settlements in the case.

  • March 23, 2010

    3rd Circ. Lifts Stay On FCC Cross-Ownership Rule

    A federal appeals court has ruled to lift the stay on the Federal Communications Commission's controversial cross-ownership rule, freeing up companies to purchase both a broadcast station and daily newspaper in the same media market — at least for now.

  • March 23, 2010

    9th Circ. Won't Revisit Paris Hilton Greeting Card Spat

    A federal appeals court has declined to rehear en banc Hallmark Cards Inc.'s bid to toss a suit from celebrity party girl Paris Hilton accusing the greeting card company of trademark infringement by using her image — along with her trademarked catchphrase “that's hot” — in one of its cards.

  • March 23, 2010

    3rd Circ. Blocks Phila. News Lenders From Credit Bids

    A federal appeals court has ruled that bankrupt news publisher Philadelphia Newspapers LLC has the right to bar lenders from credit bidding at an upcoming asset auction sale, affirming a district court's interpretation of the U.S. Bankruptcy Code's latest hot-button statute.

  • March 23, 2010

    Thomson Reuters To Buy Back $700M In Notes

    Thomson Reuters Corp. said Tuesday it will repurchase its $700 million principal amount of 6.2 percent debt securities that will come due in January 2012.

  • March 22, 2010

    Tribune Seeks To Hold Bondholder Trustee In Contempt

    The bankrupt Tribune Co. has alleged that a bondholder trustee violated the automatic stay and should be held in contempt of court for lodging an adversary case against Citigroup Inc. and other banking giants over their role in a 2007 leveraged buyout that left the news organization saddled with about $9 billion in new debt.