Doug Creutz News
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CBS’s Super Bowl telecast of the Baltimore Ravens’ 34-31 win over the San Francisco 49ers, interrupted for 34 minutes by a power failure, drew a smaller audience than the last two record championship games.
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Video-game makers and retailers are facing growing pressure from Washington and advocacy groups concerned about possible links between violent games and tragedies like the school massacre in Newtown, Connecticut.
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CBS Corp., owner of the most-watched TV network, said third-quarter profit increased 16 percent, beating analysts’ estimates on rising income from affiliate fees and sales of reruns.
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CBS Corp., owner of the most-watched TV network, said third-quarter profit increased 16 percent, beating analysts’ estimates on rising income from affiliate fees and sales of reruns.
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Lions Gate Entertainment Corp. relied on old-fashioned Hollywood schmoozing, legal wrangling and a stock deal with a friendly board member to fend off billionaire Carl Icahn ’s almost two-year hostile pursuit.
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Betable Ltd., the online-gambling startup backed by venture capital, reached agreements with three social-gaming companies that will use its platform to expand into real-money betting in competition with Zynga Inc.
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Zynga Inc., the biggest maker of games played on Facebook Inc.’s social-networking site, fell to a record low after analysts at Cowen & Co. said usage declined last month as players switched to mobile devices.
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Zynga Inc. gained the most in six weeks after filing an application with the Nevada Gaming Control Board, a step toward operating real-money gambling sites in the state, a possible new revenue source for the struggling maker of social games.
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Walt Disney Co. , the world’s largest media company, said fiscal second-quarter profit climbed 55 percent on a rebound at the film studio. The shares fell after the television units’ profit missed some analysts’ estimates .
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DreamWorks Animation SKG Inc. , maker of the “Shrek” movies, said fourth-quarter profit doubled on a tax benefit and DVD sales of “How to Train Your Dragon.”
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