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(DUBAI, United Arab Emirates)A state-owned Abu Dhabi company said Wednesday it is finalizing deals with major Hollywood studios as it aims to pump more than $1 billion of Arab oil wealth into film and digital ...READ MORE

(NEW YORK)Lionsgate Entertainment Corp. on Wednesday named former Paramount Studios executive Alli Shearmur as president of a second motion picture production unit to help the company meet i...READ MORE

(PHILADELPHIA)Comcast Corp. and Metro-Goldwyn-Mayer Inc. said Tuesday they are teaming up to introduce a video-on-demand channel featuring action movies and TV shows.READ MORE

Among the earnings projection stories for Monday, Aug. 11, from AP Financial News: LONG BEACH, Calif. (AP)--Obagi Medical Products Inc., which makes skin care products, cut its ful...READ MORE

(LOS ANGELES)Boutique movie studio Lions Gate Entertainment Corp. said Monday that it expects its earnings before interest, taxes, depreciation and amortization to be close to break-even in fis...READ MORE

(WASHINGTON)Independent film studio Lions Gate Entertainment Corp. said Tuesday it has reached an agreement with Walt Disney Co.'s ABC Studios to distribute several television series on DVD.READ MORE

(LOS ANGELES)Metro-Goldwyn-Mayer Studios Inc. said Monday it signed its chief executive officer, Harry Sloan, to a new three-year term through October 2011. Sloan began his tenure at MGM in Oct...READ MORE