Japan Studio Pays Big for Godzilla Film
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It won't be immediately clear whether "Godzilla: Final Wars," which opened in Japan last week, has broken any box office records. But the giant radioactive reptile's 28th film already has set the bar higher in one way &#151; its cost.
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News that the DVD format war may be ending was met with approval by investors in Japan.
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The film studio is finally producing profit and free cash flow.
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Godzilla went Hollywood as his 28th feature film, "Godzilla: Final Wars," was given a red carpet premiere.
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An animated movie based on a British children's tale of magic and wizardry has cast a spell over Japanese moviegoers.
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DreamWorks Animation, creator of box-office smashes including Shrek and Shark Tale, has raised $812m (Â£444) from its floatation in New York.
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CHIBA, Japan  - Sony Corp. 6758.T said on   Tuesday it will launch its Blu-ray high-definition optical disc   recorder in Japan in December, with an expected price tag of   around 300,000 yen ($2,550) for a model with a 500-gigabyte   hard disk drive.
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Sony Corp. announced a price more fitting of a video-game machine than a slick movie-playing gadget for its new PlayStation Portable - 19,800 yen ($186).
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JAPANESE electronics giant Sony has reported a quarterly profit gain thanks to the hit movie Spider-Man 2, while rival Matsushita, owner of the Panasonic and Technics brands, benefited from bumper sales of flat-screen TVs.
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LOS ANGELES - Godzilla received a star on the Hollywood Walk of Fame on Monday, 50 years after he stomped onto movie screens and hours before the premiere of his latest film, &quot;Godzilla: Final Wars.
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Japan's box office receives a 3.8% boost, with 2004 ticket sales worth 211 billion yen (Â£1.08bn).
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Horror film Cloverfield goes straight to the top of the North American box office, with takings of $41m (Â£21m).
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Fans of Japan's distinctive style of full-length animated films gave a standing ovation at this year's Venice Film Festival to the latest movie from Japan's famed Studio Ghibli.
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Investment by Japanese firms hit a record in the first quarter of 2007, official data shows.
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The production company, Legendary, will invest $1 billion in a portfolio of films co-produced by Warner Brothers Pictures.
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Sony Corp. announced a price more fitting of a video-game machine than a slick movie-playing gadget for its new PlayStation Portable &#151; 19,800 yen (&#36;186).
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Canon Inc.  will invest about 55  billion yen ($451 million) to build a new factory in Japan to  double its production capacity of image sensors used in digital  cameras.