MUMBAI: Steven Bersch has been named President of Sony Pictures Worldwide Acquisitions Group (SPWAG). The announcement was made by Sony Pictures Entertainment’s (SPE) president of worldwide affairs Peter Schlessel, to whom Bersch will report. ...

MUMBAI: Empire Home Entertainment, the distribution division of Empire Film Group, has finalized an agreement to acquire the USA distribution rights for both the Elite Entertainment and the Focusfilm libraries, collectively representing more than...

MUMBAI: The Writers Guild of America, West and the Writers Guild of America, East have announced that they have reached interim agreements with The Film Department and Intermedia. The Guilds continue to sign agreements...

MUMBAI: XM Satellite Radio and Sony BMG Music Entertainment have announced that they have resolved the lawsuit brought by Sony BMG against XM over its Pioneer Inno, a portable satellite radio with advanced recording...

MUMBAI: Calvin Klein, a wholly owned subsidiary of Phillips-Van Heusen Corporation and Calvin Klein Fragrances, a division of Coty, announced that actress Eva Mendes will be featured in an upcoming Calvin Klein Fragrances advertising...

MUMBAI: A jury found Wesley Trent Snipes guilty on three misdemeanor charges for failing to file income tax returns. Snipes was acquitted on felony charges of conspiracy to defraud the Internal Revenue Service (IRS)...

MUMBAI: In recognition of the company’s strong performance under the leadership of president and CEO Robert A. Iger, The Walt Disney Company Board of Directors announced that it had signed him to a new...

MUMBAI: This might just be the mother of all acquisitions! In a bid to pip Google, Microsoft Corp has proposed to acquire rival Yahoo! Inc. for $31 per share, thus valuing the transaction at...