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Jul 20, 2014

‘Apes’ rules North American box office for second straight weekend

LOS ANGELES/NEW YORK (Reuters) – Sci-fi sequel “Dawn of the Planet of the Apes” beat a new horror flick, an animated family film and an adult comedy to keep its grip on the U.S. and Canadian box office title for a second straight weekend.

“Apes” collected $36 million in domestic ticket sales from Friday through Sunday, according to estimates from Rentrak, only the second summer film to top the box office for two consecutive weekends. Low-budget horror film “The Purge: Anarchy” finished in second place with $28.4 million.

Jul 17, 2014

Microsoft ends flirtation with Hollywood and original shows – source

LOS ANGELES, July 17 (Reuters) – Microsoft Corp
intends to wind down Xbox Entertainment Studios, a source
familiar with its plans said, becoming the first major tech
company to give up on making original shows in a battle for the
living room couch.

The production outfit’s impending closure is part of a
sweeping restructuring announced by the software giant on
Thursday, which includes the largest single round of layoffs in
the company’s near-four-decade history.

Jun 13, 2014

Disney sees Infinity game’s retail sales hitting $1 billion

LOS ANGELES (Reuters) – Walt Disney Co expects global retail sales from its 10-month-old Infinity video game to reach $1 billion even as rivals also combine physical toys with video games, Jimmy Pitaro, president of the company’s interactive unit, said in an interview.

Disney launched Infinity in August to help turn around its interactive gaming unit, which lost $1.4 billion from fiscal year 2008 to 2013. In an overhaul in March, the division laid off about one-quarter of the workforce, cut the number of games it develops and focused its advertising more on the fast-changing mobile market.

Jun 12, 2014

Disney sees Infinity video game hitting $1 billion in revenue

LOS ANGELES (Reuters) – Walt Disney Co expects revenue from its 10-month-old Infinity video game to reach $1 billion even as rivals also combine physical toys with video games, Jimmy Pitaro, president of the company’s interactive unit, said in an interview.

Disney launched Infinity in August to help turn around its interactive gaming unit, which lost $1.4 billion from fiscal year 2008 to 2013. In an overhaul in March, the division laid off about one-quarter of the workforce, cut the number of games it develops and focused its advertising more on the fast-changing mobile market.

Jun 10, 2014

Netflix to stop messages blaming Verizon for slow streaming

LOS ANGELES/NEW YORK, June 9 (Reuters) – Netflix Inc
said on Monday it will stop sending messages that blame
Verizon Inc’s broadband service for slow delivery of its
TV shows and movies, a move that may defuse tension between the
two over Internet congestion.

The messages, which appeared on screen when a video was
buffering, were a “small scale test” that will end on June 16,
Netflix spokesman Joris Evers said in a post on the company’s
blog. But he left open the option that the alerts could resume.
“We will evaluate rolling it out more broadly,” he said.

Jun 8, 2014

Teen tearjerker ‘Fault in Our Stars’ trounces Tom Cruise flick

LOS ANGELES/NEW YORK (Reuters) – “The Fault in Our Stars,” a heart-wrenching love story about teens who meet in a cancer support group, won over moviegoers with a stellar $48.2 million at U.S. and Canadian theaters over the weekend, handily beating the new Tom Cruise sci-fi action film, “Edge of Tomorrow.”

“Edge of Tomorrow,” which cost about $175 million, had to settle for third place with $29.1 million from Friday through Sunday, according to estimates from tracking firm Rentrak.

Jun 5, 2014

Verizon demands Netflix stop messages on slow streaming

LOS ANGELES/NEW YORK, June 5 (Reuters) – Verizon
Communications Inc on Thursday demanded that Netflix Inc
immediately stop displaying messages to customers that
place blame on Verizon’s broadband service for slow delivery of
Netflix TV shows and movies.

In a cease-and-desist letter sent to Netflix, Verizon also
asked the video streaming service to provide information
including a list of customers on the Verizon network to whom
Netflix delivered the notices, or face legal action.

Jun 4, 2014

Netflix blames slow speeds on Verizon, other Internet providers

WASHINGTON/LOS ANGELES, June 4 (Reuters) – Netflix Inc
is telling customers that Verizon Inc and other
Internet providers are to blame for slow speeds as the video
streaming service pushes to avoid paying for faster delivery of
its movies and TV shows.

Netflix has been calling on the U.S. Federal Communications
Commission to do away with fees content companies pay to
Internet service providers for smooth delivery of their services
to consumers.

May 26, 2014

‘X-Men’ sequel tops ‘Avatar’ as Fox’s biggest global debut

LOS ANGELES, May 26 (Reuters) – Mutant superhero movie
“X-Men: Days of Future Past” powered to $302 million in
worldwide ticket sales through the U.S. Memorial Day holiday on
Monday, capping a weekend in which it surpassed “Avatar” as the
biggest global debut for film studio 20th Century Fox.

The seventh installment in the “X-Men” franchise topped U.S.
and Canadian movie charts with $111.0 million from Friday
through Monday, according to estimates from tracking firm
Rentrak. The film earned an additional $191.0 million at
theaters around the world, Fox said.

May 25, 2014

‘X-Men’ overpowers ‘Godzilla’ on way to holiday weekend win

LOS ANGELES/NEW YORK (Reuters) – The “X-Men” mutant superheroes smashed into U.S. and Canadian theaters and collected $90.7 million in ticket sales through Sunday, keeping monster hit “Godzilla” at bay and heading toward a decisive win over a long holiday weekend.

“X-Men: Days of Future Past” was expected to bring in $110 million by the end of the U.S. Memorial Day holiday on Monday, distributor 20th Century Fox said. The movie has already earned a global total of $261.8 million after opening at No. 1 in all 119 countries around the world.