Warner Bros and Abu Dhabi Agree to Media Joint Venture
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Warner Bros Entertainment has agreed with United Arab Emiratesâ Aldar Properties and Abu Dhabi Media to set up a film and video game production firm.
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Video rental giant Hollywood Entertainment Corp. has agreed to a buyout offer of about $850 million from smaller rival Movie Gallery Inc. in a deal that would create a stronger challenger to the industry leader Blockbuster Inc.
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Sony Corp. has reportedly reached a tentative deal to buy Hollywood studio Metro-Goldwyn-Mayer Inc. shortly after media giant Time Warner Inc.
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iMedia International, Inc. (OTC BB: IMNL) (www.imedia-intl.com) and Media News have entered into a partnership agreement to distribute Hollywood Previews(TM) Entertainment iMagazines in seven Media News publications.
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Wurld Media has concluded agreements with Sony BMG, Universal Music Group and Warner Music Group to facilitate the licensing of music exchanged on its peer-to-peer music network.
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Under a definitive agreement reached Thursday by Metro-Goldwyn-Mayer Inc. and a consortium led by Sony Corporation of America, MGM will continue to operate as a private movie-making company
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Apple and News Corp. have signed an agreement to offer Twentieth Century Fox movies for rent through the iTunes Music Store, the Financial Times reported Thursday.
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Apple Inc and News Corp.'s Twentieth Century Fox are set to announce a deal that will allow consumers to rent movies through Apple's digital iTunes Store, media reports said on Thursday.
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The European Commission approved a joint venture that would group two Hollywood movie studios with a video-on-demand company to compete with Rupert Murdoch's BSkyB company.
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United Artists, the film studio backed by actor Tom Cruise, and Metro-Goldwyn-Mayer Inc, said on Monday it had reached a deal enabling striking Hollywood screenwriters to work on the company's films.
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The Japan Bank for International  Cooperation (JBIC) is set to sign a deal to co-finance up to $3  billion in loans to the Abu Dhabi National Oil Co. (ADNOC) of  the United Arab Emirates, an industry source said on Monday.
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Film studio Paramount Pictures on  Monday said it agreed to let Middle East real estate company  Ruwaad Holdings build a theme park in the United Arab Emirates  using its hit movies such as &quot;Titanic.&quot;
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NEW YORK  - Woody Allen has found a partner in Spain. Producer-distributor Mediapro has signed a pact to finance and co-produce three Allen films during a three-year period beginning in 2009. His sister Letty Aronson's Gravier Prods. also will produce.
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Warner Music Group has struck a $73.5 million deal to purchase a controlling stake in the independently run Roadrunner music label.
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The deal will let striking writers work on projects for  Media Rights Capital, a production company that helped finance the film âBabel.â
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A revenue-sharing deal between video startup YouTube Inc. and Warner Music Group Corp. is likely to be the first of a spate of content distribution partnerships between Web sites and music companies, industry officials say.
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The New York-New Jersey Port Authority and American International Group  said on Friday they had reached a preliminary agreement to let the insurer buy Dubai Ports World's stake in the Port Newark container terminal.