NEW YORK (Reuters) - Investors who lost money on mid-2000s movies such as "The Manchurian Candidate" took Paramount Pictures to trial on Tuesday in a lawsuit that claims the studio concealed a risky business strategy when it obtained $40 million in financing.
Investors Take Paramount To Trial Over U.s. Movie Losses
Reuters: Entertainment News, Reuters: Entertainment
Tue, 10/21/2014 - 12:27pm
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The era known as “the Studio System,” where the Big Five dominated the film industry, was a time of intentional competition restraint and control maintenance. To keep a tight grip on the market, ...
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Paramount's month-long exclusive negotiating window with Skydance ends tonight with a deal still in limbo, and suitors Sony and Apollo in the mix.
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Shares of Paramount ... in U.S. and Canada box office revenue last year, compared with Paramount's $842.4 million, according to data from Comscore. Sony Pictures, a unit of Tokyo-based Sony Group ...
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Amgen is the latest biotech to benefit from obesity drug optimism, Sony and Apollo offer Paramount Global $26 billion cash in takeover move, and other news to start your day.
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