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Business 03 Apr 2014 | 11:19 AM

Amazon leaps into home entertainment fray with US$99 Fire TV

NEW YORK/SAN FRANCISCO: Amazon.com Inc made a play for the increasingly crowded home entertainment arena by unveiling the US$99 "Fire TV" video and game streaming device on Wednesday, with hopes of boosting its main online retail business over the longer term.

Business 02 Aug 2013 | 12:00 AM

Sony to reject entertainment spinoff

TOKYO: Sony’s board is likely to reject a US hedge fund’s proposal to spin off part of its profitable entertainment arm, a report said, as the electronics giant prepares to report its quarterly results.

Business 08 Dec 2009 | 12:00 AM

Is entertainment expenses tax deductable

This article will explain the three steps to determine the amount of entertainment expenses allowable as a deduction.

Business 16 Jan 2010 | 12:00 AM

India’s Reliance Entertainment likely to bid for MGM studios

MUMBAI: Reliance Entertainment, the media and entertainment arm of the Anil Dhirubhai Ambani Group, is likely to bid for Hollywood studio Metro-Goldwyn-Mayer (MGM), the Economic Times paper said, citing an unnamed person with knowledge of the development.

Corporate News 30 Jan 2019 | 2:09 PM

Alibaba earnings growth slows as entertainment losses deepen

LOS ANGELES: Chinese e-commerce giant Alibaba on Wednesday unveiled revenue of $17 billion in the last three months of 2018, with net profits of $4.5 billion, up 33% from the same period the year before.

Corporate News 12 Jan 2016 | 5:08 AM

China's Dalian Wanda buys control of US film studio Legendary Entertainment

BEIJING: China's property-to-entertainment conglomerate Dalian Wanda Group said on Tuesday it has agreed to buy a controlling stake in Hollywood movie studio Legendary Entertainment in a deal worth about US$3.5 billion.

Business 06 Aug 2013 | 9:14 AM

Sony Rejects Third Point's Proposal To Spin Off Entertainment Unit

TOKYO: Japan's Sony Corp rejected on Tuesday a proposal from activist shareholder Daniel Loeb to spin off a part of the electronics company's entertainment business.

Corporate News 29 Nov 2017 | 3:26 AM

Cineworld in talks to acquire Regal Entertainment for US$3.6bil

NEW YORK/LONDON: Cineworld Group Plc, a British operator of movie theaters, is in talks to acquire U.S. peer Regal Entertainment Group for approximately US$3.6 billion (2.7 billion pounds) in cash, the companies said on Tuesday.

Business 08 Jan 2005 | 12:00 AM

Ernst & Young: Need for tech-savvy executives in media and entertainment

MEDIA and entertainment executives around the world are focused on the impact of technology on their industry and believe more technology-savvy managers are critical to their companies' future success, according to a new study by Ernst Young.

Business 26 Oct 2005 | 12:00 AM

Warner Bros. creates new home entertainment unit

Warner Bros. Entertainment has reorganized its home video and digital distribution efforts, creating a new group that will encompass games, wireless, Internet strategy and anti-piracy efforts.