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Variety is sold for about $25 million

Variety

Penske Media has acquired show business publication Variety. The company already owns one of Variety's fiercest competitors, the online-only trade Deadline.com. Variety has been a Hollywood must-read and a global show business symbol for more than a century, famous for its snappy lingo and its breathless coverage of entertainment industry news.

 

Variety's future looks bleak

Once a must-read for Hollywood insiders, the 107-year-old trade publication has been bypassed by Deadline, Hollywood Reporter and the Wrap. I once asked a famous producer how he first became fascinated with Hollywood. His answer? "When I was 14, I got a subscription to Variety." And no wonder.

 

Nearly half of US households escape fed income tax

Tax Day is a dreaded deadline for millions, but for nearly half of U.S. households it's simply somebody else's problem....

 

Deadline looms for Americans to disclose accounts in foreign tax havens

Under an amnesty program, the IRS is allowing taxpayers to avoid prosecution for failing to report those accounts. Tax attorneys have been besieged by wealthy clients who are lining up to apply.

Wealthy U.S.

 

BofA fails to meet congressional deadline

Bank of America Corp failed to meet a Monday midday deadline to hand over further details about its acquisition of Merrill Lynch to a congressional investigative committee, a panel spokeswoman said.

 

Ousted Honduras leader sets a deadline on talks

Ousted Honduran President Manuel Zelaya gave U.S.-backed talks in Costa Rica until the end of Saturday to restore him to office, ...

 

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