India's Toonz to acquire Spanish animator Imira

HONG KONG - Indian animation group Toonz Entertainment has announced plans to acquire Spain's Imira Entertainment. It is understood that Toonz will take 100% control of the Spanish firm which is both producer and distributor. Although in the near term...

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Time Inc. magazine employees turn down contract proposal

More than 200 union-represented employees of Time Inc. have turned down the conglomerate's final contract offer following months of negotiations between the Newspaper Guild of New York and the company. "Time Inc.'s proposal to hollow out its own company...

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Report: Starz to launch streaming service in international markets

CANNES - U.S. pay TV outfit Starz is to launch in international markets with the creation of the international Starz Play service, according to a press report. It has inked a pact with Peter Ekelund's Swedish media group Parsifal Entertainment, which...

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Review site Yelp battles extortion claims

SAN FRANCISCO — First the chefs of a small Italian restaurant got mad at online review site Yelp. Instead of trying to get better reviews, they decided to take a different approach: get terrible ones. The campaign helped Botte Bistro get a rating of...

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Warner Bros. launches VOD service for new movies in Korea

SEOUL - Warner Bros. Korea is to launch a VOD service exclusively concentrating on films that have not had a theatrical release in the country. The service will launch on all three of the major IPTV platforms in Korea, with "Blended" as the first title...

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Canadian Ebola vaccine to begin testing

TORONTO — An experimental Canadian-made Ebola vaccine that has shown promise in tests on primates is beginning clinical trials on humans in the U.S. The vaccine will be tested on healthy individuals Monday to see how well it works, whether there are...

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Ford hiring 850 workers for new truck

DEARBORN, Mich. — Ford is hiring 850 workers to help build its new F-150 pickup truck. The company says 500 of the workers will go to the Dearborn Truck plant, where the F-150 is assembled. Three hundred workers will go to the Dearborn Stamping plant...

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GM ignition switch deaths rise to 27

DETROIT — At least 27 people have died and 25 people have been seriously injured in crashes involving General Motors cars with defective ignition switches. Attorney Kenneth Feinberg, who was hired by GM to compensate victims, updated the totals Monday....

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Fiat Chrysler bounce around in 1st day on NYSE

DETROIT — Shares of Fiat Chrysler Automobiles jumped as the market opened Monday, but fell in the morning and were nearly flat at midday after making their debut on the New York Stock Exchange. The newly merged company's stock, traded under the symbol...

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Nobel to Frenchman for work on industry regulation

STOCKHOLM — Frenchman Jean Tirole won the Nobel prize for economics Monday for finding ways to encourage better products and competitive prices in industries dominated by a few companies. Tirole's work is credited with helping shape the deregulation...

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