HONG KONG — China’s Bona Film Group is to launch a $162 million (RMB1 billion) fund to boost its production efforts. The Wuhu Bona Film Investment Management is understood to be the first of its kind…
Comedy website Funny or Die is breaking beyond the Internet into flesh-and-blood antics, teaming with Live Nation to stage a 13-city summer tour headlined by Dave Chappelle and Flight of the…
Yahoo will pay about $1.1 billion, mostly in cash, to buy blogging website Tumblr, the companies announced Monday. Tumblr will be independently operated as a separate business, led by Tumblr CEO…
As the old saying goes, with crisis comes opportunity, and rarely can one see a greater example of that old saw than the unprecedented number of digital music companies that arose in the wake of the…
Bitesize Entertainment is launching with a team of Mevio.com topper Ron Bloom and "Rocky" producer Gene Kirkwood with plans to produce four to six features a year.
After five years of distributing its comedy for free online, Funny or Die is launching an iPad app to get paid.
Mark Gill and Neil Sacker's the Film Department has cut the price of its expected public offering by more than half, to $6 per share, sharply reducing the amount of money the production company hoped…
Shanghai-based CTS Media has secured $8 million in Series B funding, led by a $5 million investment by Steamboat Ventures, the venture capital arm of the Walt Disney Co.
Former Disney Channel marketing topper Matthew Palmer has joined online entertainment site Stardoll, opening its first-ever U.S. office. Launched in 2003, Stardoll is a growing online destination for…
It's easy to believe that online entertainment is dead, gone and buried when dot-coms have been dropping like flies. But that would mean believing one of the Web's biggest misconceptions.