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.
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.
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.
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.
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.
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.
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 .