BEIJING: The Hollywood studio that made the latest "Transformers" blockbuster must pay a Chinese scenic area more than two million yuan ($300,000) because it failed to include the park's logo, state media reported. A court in Chongqing ordered Paramount Pictures and its Beijing partner to pay the money to a park in the south-western municipality, the official Xinhua news agency said late Thursday. The films are wildly popular in China, with Chinese companies from milk producers to banks flocking to link their products to…
BEIJING: Chinese conglomerate Wanda Group signed a $3.5 billion deal on Tuesday to buy Hollywood studio Legendary Entertainment, the maker of blockbusters "Jurassic World" and "Godzilla", dubbing it China's biggest-ever cultural takeover.
LOS ANGELES/BOSTON: Forensics experts hired by Sony Corp to investigate the massive cyber attack at its Hollywood studio said the breach was unprecedented, well-planned and carried out by an "organized group," according to an email obtained by Reuters on Saturday.
Los Angeles: Studio giant Warner Bros accused Hollywood producers Bob and Harvey Weinstein of “trying to rewrite history” by suing for a share of profits from the blockbuster “Hobbit” movies. The Weinstein brothers filed a lawsuit against New Line and Time Warner seeking $75 million in damages over the companies' decision to split “The Hobbit” into three films, but only paying the Weinsteins for the first movie. “This case is about greed and ingratitude,” the Weinsteins said in the lawsuit, filed in New York, according to…