A California appellate court upheld a jury verdict in favor of Don Johnson for his company's 50% ownership of "Nash Bridges," but cut the award down to $15 million plus interest.
Veteran media advisor Isaac Palmer will spearhead new entertainment transaction firm Qualia Legacy Advisors.
The independent sector is at long last finding help to pay for the marketing expenses of theatrical releases.
MGM has appointed Ken Schapiro to the post of chief operating officer.
In his lawsuit, Johnson claims that he never received a 50% share of the profits from the series
How fitting that when "Alice in Wonderland" is the top draw so far at the box office this year, Hollywood itself is starting to feel as if it's fallen down a rabbit hole.
The Weinsteins and billionaire brothers Alec and Tom Gores are in the running to purchase Miramax.
Lionsgate's reportedly pulling the plug on its efforts to buy MGM, leaving only Time Warner Inc. and Access Industries as bidders for the beleagurered studio.