Multiple mistakes and misstatements occurred before acquisition by e-commerce giant Alibaba, to hit profits and asset value.
TOKYO – Troubled conglomerate, Sony expects to see its electronics businesses recover over the next three years. At an investor conference Tuesday, it revealed positive projections for four segments…
Company expands war chest for acquisitions.
Producers react angrily to government proposals
Chinese film and TV group Huayi Brothers Media says it will invest up to $150 million in Studio 8, the new company being hatched by Jeff Robinov.
Chinese multi-millionaire Chen Guangbiao is preparing a takeover bid for the New York Times, according to media reports.
New Zealand is to increase its financial incentives for international and local films and merge its two main subsidy pools into a uncapped new fund.
NetEase, the Chinese Internet giant, unveiled third quarter net profits of 173 million, a gain of more than 23% compared with last year, powered by its strength in online games. But earnings per…
Sierra Pictures has come on to finance and produce the adaptation of the graphic novel “Ciudad,” with “The Quiet Ones” helmer John Pogue directing. The graphic novel was penned by “Captain America…
Producer Michael Benaroya ("Margin Call") has come on board to finance post-apocalyptic thriller "Z for Zachariah," shooting in November and starring Chris Pine, Amanda Seyfried and Chiwetel Ejiofor.
Indian production services group Reliance MediaWorks has seen its shares tumble after announcing a heavily diluting $101 million rights issue.