US INDUSTRY Summary


Hasbro board votes to exit DreamWorks merger talks: source

(Reuters) - Merger talks between Hasbro Inc and DreamWorks Animation SKG Inc formally ended on Monday morning, when the toy company's board voted to walk away, according to a person with knowledge of the board's actions.

'House of Cards' tax breaks cost Marylanders, should end: report

WASHINGTON (Reuters) - Tax credits for filming Netflix's "House of Cards" and HBO's "Veep" are costing Maryland taxpayers money and should be ended in 2016, state lawmakers concluded in a new report.

Exclusive: India's Reliance Entertainment plans to acquire Western game studios in 2015

(This version of the story corrects the title to "Chief Executive Reliance Entertainment-Digital" and "DreamWorks Animation Studios" to "DreamWorks Studios" in the second paragraph.)

California newspaper asks reporters to help with deliveries

One of California's largest newspapers has asked reporters and other employees to help deliver papers on Sundays, according to a memo obtained by Reuters, the latest sign of the toll that financial woes are taking on print journalism.

U.S. movie ad firm merger on hold pending trial: lawyer

National CineMedia and Screenvision LLC have agreed to put their proposed merger on hold until a court rules on a U.S. government lawsuit that claims it would create a movie advertising monopoly, a lawyer for National CineMedia said Friday.

South African, Norwegian e-commerce rivals bury hatchet in Brazil battle

Two of the fiercest rivals in online classifieds, South Africa's Naspers and Norway's Schibsted, said they would team up in some emerging markets, including fast-growing Brazil where they have battled each other for years.

Caesars says its main operating unit needs restructuring

Caesars Entertainment Corp on Friday cited "substantial doubt" about the ability of the casino company's main operating unit to survive past next year without restructuring its debt, possibly through Chapter 11 bankruptcy.

Russia plans alternative version of 'Wikipedia'

Russia plans to create its own "Wikipedia" to ensure its citizens have access to more "detailed and reliable" information about their country, the presidential library said on Friday.

Liberty Global eyes stake in ProSieben's streaming service: paper

Cable group Liberty Global is in talks to buy a 50 percent stake in broadcaster ProSiebenSat.1's streaming service Maxdome, German daily Handelsblatt reported on Friday, citing industry sources.

Vivendi profits get boost from Maroc Tel, Beats disposals

European media firm Vivendi nearly doubled the profits attributable to the group to 2.75 billion euros ($3.44 billion) in the first nine months by collecting the proceeds of selling its Moroccan telecom unit and a stake in headphone maker Beats.- Reuters

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