Latest Business News

Google Unveils New Product Plans And Addition Of HBO Now To Android

Google Opens New Berlin Office

UPDATED: The search giant gave developers a lot food for thought in a presentation today that described its plans to promote wearable devices, virtual reality, digital photography and other services. Products SVP Sundar Pichai kicked off the Google I/O 2015 keynote presentation, though, by announcing that HBO Now — the premium channel’s $14.99 streaming service — will be offered to Android users this summer with an app from Google Play. The service will be available with… Read

Barnes & Thornburg Adds Entertainment Lawyer Carolyn Hunt As Partner

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There’s more moves at some of the big legal firms as Carolyn Hunt is leaving her position at Loeb & Loeb to join Barnes & Thornburg as partner. Hunt joins the Corporate Department and Entertainment, Media and Sports Practice Group in the firm's Los Angeles office, B&T announced today. Also joining B&T is entertainment attorney Samuel Roseme. "The addition of Carolyn and Samuel adds to the strength of the firm's growing Entertainment, Media and Sports Practice Group," said… Read

Bradley Cooper, Taylor Schilling Will Present On Tony Telecast – But What About Tommy Tune?

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Cooper, a Tony nominee for his title performance in a hit revival of The Elephant Man, and Schilling, the Orange Is The New Black star who braved off-Broadway in a revival of Ivan Turgenyev’s A Month In The Country, have joined the roster of presenters for the 69th annual Tony Awards. The shebang will be broadcast by CBS live from Radio City Music Hall on June 7, 8-11 PM. Alan Cumming and nominee Kristin Chenoweth (On The Twentieth Century) are the hosts. Former and, no… Read

NBCU Taps Anand Kini To Be CFO

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NBCUniversal has had a hard time hanging on to CFOs, but may have more luck with its latest appointment: Anand Kini. The Comcast vet joined NBCU in 2011 as SVP of Strategic Planning and Development. Last year he was promoted to EVP of Strategy and Business Insights. In February NBCU named Kini interim CFO when Visa hired away Vasant Prabhu — who moved to the company from Starwood Hotels & Resorts in June 2014. He replaced former Morgan Stanley Media and Communications… Read

Is Bollywood’s Eros International Preparing A Dealmaking Campaign?


That’s the way things look this morning: The Indian film power announced that long-time dealmaker Prem Parameswaran is about to become its new Group CFO — and assume a new position as President – North America. Parameswaran was Global Head of Media and Telecommunications Investment Banking at Jefferies, following stints at Deutsche Bank, Goldman Sachs, and Salomon Brothers. His resume includes transactions involving Comcast, Cablevision, Relativity Media, Reliance, AT&T… Read

Glenne Headly Will Go ‘Fish’ With Jason Alexander In Larry David’s Broadway Smash

Glenne Headly

Fish In The Dark, Larry David’s runaway Broadway hit, has extended its limited run and will make a go of it with two new stars: The previously announced Jason Alexander, replacing David as Norman Drexel, and now Glenne Headly, replacing Rita Wilson as Norman’s wife Brenda. Headly and Alexander take over the roles beginning June 9 at the Shubert-owned Cort Theatre, with David and Wilson bowing out after the June 7 matinee. The run has been initially extended six weeks… Read

Imax Shares Leap As It Announces Hong Kong IPO Plan

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Imax shares are up more than 7% in pre-market trading — potentially headed for a new all-time high — following the long-expected formal announcement of an IPO for its Chinese venues that could boost the parent company’s valuation. The large screen theater company says that a Cayman Islands subsidiary, Imax China Holding, filed for the public offering with shares to be listed on the Hong Kong Stock Exchange. Imax will own 80% of the entity. Last year two local companies… Read

Sky To Invest $20M In Milan Hub For Arts; Fremantle Picks Up Jude Law’s ‘The Young Pope': Global Briefs


Europe’s largest pan-continental pay TV platform Sky is setting up a dedicated Sky Arts Production Hub in Milan to bring new dedicated content its 21 million customers across Italy, Germany, Austria, Ireland and the UK.  The move, which carries with it a commitment of $20 million in new spending, is one of the first moves since BSkyB completed its acquisition in November last year of Sky Italia and majority interest in Sky Deutschland to create a European TV giant in a… Read

George Takei’s Personal ‘Allegiance’ Sets Cast For Fall Broadway Bow

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Casting is complete for George Takei’s musical Allegiance, inspired by his experience as a Los Angeles-born boy whose family was imprisoned, along with 120,000 other Japanese-Americans, in internment camps after the U.S. entered World War II in December 1941. After three years, first in Arkansas and later in Northern California, they were able to return home, where they struggled to rebuild their lives. The musical follows a brother and sister whose political and romantic… Read

ESPN Drafts Chris Connelly To Replace Fired Bill Simmons As Grantland Chief


Less than three weeks after ESPN parted ways with the popular and verbose Bill Simmons, the Worldwide Leader has named a temporary replacement for the multimedia brand he founded. Chris Connelly, the former MTV regular who has been with the Disney-owned sports giant since 2001, has been named interim Editor-in-Chief of Grantland. Connelly has contributed to ESPN’s E:60 and Outside The Lines as well as ABC and Grantland, the sports and pop culture website that launched in… Read

Tracy Morgan Says Wal-Mart “Did Right” In Fatal Crash Settlement

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Almost a year after the New Jersey turnpike crash that left the actor in the hospital and killed his friend and fellow comedian James McNair, the legal battle between Wal-Mart and Tracy Morgan is over. With no details made public, attorneys for the parties have come to a proposed confidential settlement, a filing federal court in the Garden State today revealed. “Wal-Mart did right by me and my family, and for my associates and their families," said Morgan in a statement… Read

Musicians Union Slaps Studios With Lawsuit Over Reuse Of Film Tunes

Die Hard

If you’ve had musical deja vu at the multiplex lately, the American Federation of Musicians thinks it knows why. The union has filed a lawsuit against Columbia Pictures, Paramount Pictures, 20th Century Fox, Universal Studios, Disney and Warner Bros alleging that they reused snippets of film soundtracks without compensation. The 22-page complaint filed Tuesday in California’s Central District (Read