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| US-INDUSTRY Summary Friday, May 24, 2013 06:22 PM PDT News Corp to take charge of up to $1.4 billion this quarter (Reuters) - News Corp said on Friday it will write down the value of its Australian and U.S. publishing assets by up to $1.4 billion, as the company prepares to split its business between its newspaper and entertainment operations. The company said the goodwill impairment charge was primarily for its Australia newspapers though it gave no more details. It also said it expected reduced cash flows in the future. ... Full Story | Top |
| News Corp to take charge of up to $1.4 billion this quarter Friday, May 24, 2013 06:22 PM PDT  By Jennifer Saba (Reuters) - News Corp said on Friday it will write down the value of its Australian and U.S. publishing assets by up to $1.4 billion, as the company prepares to split its business between its newspaper and entertainment operations. The company said the goodwill impairment charge was primarily for its Australia newspapers though it gave no more details. It also said it expected reduced cash flows in the future. The charge will be taken in the quarter ending June 30 and could effectively wipe out News Corp's profit. ... Full Story | Top |
| US-MUSIC Summary Friday, May 24, 2013 02:49 PM PDT Oklahoma singer Shelton to headline May 29 tornado relief benefit LOS ANGELES (Reuters) - Oklahoma country singer Blake Shelton said on Friday that he will headline a concert to benefit the victims of the Oklahoma tornado that swept through the city of Moore earlier this week, leaving 24 dead and thousands homeless. Shelton, a native of Ada, Oklahoma, which is 75 miles northwest of Moore, said the "Healing in the Heartland: Relief Benefit Concert" will be held on May 29 at the Chesapeake Energy Arena in Oklahoma City, and will be televised live at 9 p.m. EDT on NBC. ... Full Story | Top |
| Oklahoma singer Shelton to headline May 29 tornado relief benefit Friday, May 24, 2013 02:49 PM PDT  LOS ANGELES (Reuters) - Oklahoma country singer Blake Shelton said on Friday that he will headline a concert to benefit the victims of the Oklahoma tornado that swept through the city of Moore earlier this week, leaving 24 dead and thousands homeless. Shelton, a native of Ada, Oklahoma, which is 75 miles northwest of Moore, said the "Healing in the Heartland: Relief Benefit Concert" will be held on May 29 at the Chesapeake Energy Arena in Oklahoma City, and will be televised live at 9 p.m. EDT on NBC. ... Full Story | Top |
| US-PEOPLE Summary Friday, May 24, 2013 02:49 PM PDT Actress Amanda Bynes denies bong-throwing charges NEW YORK (Reuters) - American actress Amanda Bynes appeared in court on Friday and denied charges of possessing marijuana and tossing a bong out of the window of her 36th-floor Manhattan apartment. The former Nickelodeon child star, who appeared in court dressed in gray sweatpants, a long-sleeved black shirt and a disheveled platinum blonde wig, was released on her own recognizance after spending a night in jail after her arrest on Thursday. ... Full Story | Top |
| Actress Amanda Bynes denies bong-throwing charges Friday, May 24, 2013 02:48 PM PDT  By Chris Francescani NEW YORK (Reuters) - American actress Amanda Bynes appeared in court on Friday and denied charges of possessing marijuana and tossing a bong out of the window of her 36th-floor Manhattan apartment. The former Nickelodeon child star, who appeared in court dressed in gray sweatpants, a long-sleeved black shirt and a disheveled platinum blonde wig, was released on her own recognizance after spending a night in jail after her arrest on Thursday. ... Full Story | Top |
| US-TELEVISION Summary Friday, May 24, 2013 02:40 PM PDT Television wins new respect from movie elite at Cannes festival CANNES (Reuters) - Actors and directors gathered for the world's leading movie showcase in Cannes this week said television was increasingly luring top talent and should no longer be seen as artistically inferior to the big screen. TV series like "The Wire," "Homeland", "Mad Men," "The Sopranos" and "Game of Thrones", which have won critical and commercial success, were cited for breaking down the division between movies and TV, giving audiences innovative viewing. ... Full Story | Top |
| Fox executive Darnell to leave TV network after ratings slump Friday, May 24, 2013 02:39 PM PDT LOS ANGELES (Reuters) - Longtime Fox television executive Mike Darnell, who helped shepherd "American Idol" to the top of U.S. TV ratings, will leave the network, Fox said on Friday, after the network lost its lead among the younger audience most appealing to advertisers. Darnell, 51, the network's president of alternative entertainment, oversaw some of Fox's most popular shows - including talent contest "The X Factor," animated series "Family Guy" and reality cooking shows "Hell's Kitchen" and "Kitchen Nightmares. ... Full Story | Top |
| Unhappy with how your fave series is faring? Amazon gives you a say Friday, May 24, 2013 11:41 AM PDT  SAN FRANCISCO (Reuters) - Amazon is once again shaking up traditional publishing models. This time, it's giving fans a chance to add their own personal touches to their favorite fiction - and get paid in the process. This week, Amazon.com Inc announced "Kindle Worlds," which offers aspiring writers an opportunity to pen their own takes on franchises in books, TV, movies, even games and comics. The world's largest Internet retailer plans to license content, then accept submissions online that may then be sold through its Kindle ebook store. ... Full Story | Top |
| US-ARTS Summary Friday, May 24, 2013 10:15 AM PDT Artist Kapoor draws on Berlin's dark history in new show BERLIN (Reuters) - Blood-red bricks of wax are shifted by conveyor belts up metal chutes towards the centre of an atrium before thudding down and splattering like entrails, in a monumental new installation created by artist Anish Kapoor for his new show in Berlin. A giant, dark sun-like red disk hovers above the ever-growing heaps of wax splodges in "Symphony for a Beloved Sun", which opens Kapoor's first major exhibit in Berlin, running until November 24 in the Martin Gropius Bau exhibition hall. ... Full Story | Top |
| Artist Kapoor draws on Berlin's dark history in new show Friday, May 24, 2013 10:15 AM PDT  By Sarah Marsh BERLIN (Reuters) - Blood-red bricks of wax are shifted by conveyor belts up metal chutes towards the centre of an atrium before thudding down and splattering like entrails, in a monumental new installation created by artist Anish Kapoor for his new show in Berlin. A giant, dark sun-like red disk hovers above the ever-growing heaps of wax splodges in "Symphony for a Beloved Sun", which opens Kapoor's first major exhibit in Berlin, running until November 24 in the Martin Gropius Bau exhibition hall. ... Full Story | Top |
| Iran filmmaker gets standing ovation for secret film at Cannes Friday, May 24, 2013 10:09 AM PDT By Mike Davidson CANNES (Reuters) - An Iranian director who was jailed for anti-government propaganda in 2010 emerged at the Cannes film festival on Friday to premiere a new film about state oppression that he shot in secret in his home country. Mohammad Rasoulof was found guilty of "actions and propaganda against the system" after trying to make a documentary about the unrest that followed the disputed re-election of President Mahmoud Ahmadinejad in 2009. He was jailed for six years and banned from making films and leaving Iran for 20 years. ... Full Story | Top |
| Period dramas premiere on day 10 of Cannes film festival Friday, May 24, 2013 09:27 AM PDT  By Alexandria Sage CANNES (Reuters) - America's immigration debate finds echos in a period drama that premiered at the Cannes film festival on Friday about a Polish woman who arrives at Ellis Island and fights to survive in 1920s New York. "The Immigrant" features French Oscar winner Marion Cotillard as the immigrant Ewa, speaking English and Polish in the film, with Joaquin Phoenix and Jeremy Renner as the two men with whom she becomes entangled as she is forced into prostitution. ... Full Story | Top |
| Elizabeth Taylor's first wedding dress up for auction Friday, May 24, 2013 09:11 AM PDT  LONDON (Reuters) - The wedding dress worn by film star Elizabeth Taylor for her first marriage to hotel heir Conrad Hilton in 1950 will go up for sale next month, auction house Christie's said on Friday. The simple, but elegant garment created by Hollywood costume designer Helen Rose for the then 18-year-old Taylor is an oyster shell-colored, floor-length satin gown with a fine silk gauze off-the-shoulder illusion neckline. The dress, which was a gift from MGM film studios, has a top estimate of 50,000 pounds ($75,300). ... Full Story | Top |
| Forget Michael Douglas, Liberace's poodle is top dog at Cannes Friday, May 24, 2013 09:03 AM PDT  By Alexandria Sage and Rob Lang CANNES (Reuters) - A white poodle with cataracts stole the limelight from Hollywood star Michael Douglas by winning the Palm Dog award during the Cannes film festival on Friday. Critics at the prestigious festival on the Mediterranean coast may have hailed Douglas for his performance as Liberace in Steven Soderbergh's "Behind the Candelabra", but it was the flamboyant pianist's blind "Baby Boy" who walked away with a prize. ... Full Story | Top |
| Psy imposter caught living the high life at Cannes film festival Friday, May 24, 2013 08:14 AM PDT CANNES (Reuters) - A man pretending to be South Korean rapper Psy talked his way into glitzy parties at the Cannes film festival and posed with fans until he was spotted drinking champagne by the real Psy's manager. Psy, in Singapore on Thursday night to perform at the inaugural Social Star awards, said that Scooter Braun spotted the imposter, took a photo and sent it to the musician. "He sent it to me, and I tweeted that, like, five, six hours ago, so everybody in France, they know," Psy told Reuters television at the Singapore ceremony. "Real Psy is here. ... Full Story | Top |
| Moscow, St Petersburg vie in Impressionist tug-of-war Friday, May 24, 2013 07:56 AM PDT  By Alessandra Prentice MOSCOW (Reuters) - Russia's cultural elite is at loggerheads over whether to rebuild a museum closed by the late Soviet dictator Josef Stalin, with the fate of masterpieces by Monet, Renoir and Picasso at stake. Shut down in 1948 for being too "bourgeois", Moscow's State Museum of New Western Art housed a collection of more than 500 Impressionist and Post-Impressionist works including scenes of fin-de-siecle Parisian life and more than 50 early works by Pablo Picasso. ... Full Story | Top |
| US-REVIEW Summary Friday, May 24, 2013 07:50 AM PDT New book asks: Could Germany have a Jewish chancellor? BERLIN (Reuters) - A new novel about a neo-Nazi plot to assassinate Germany's first Jewish candidate for Chancellor has shed a timely light on the right-wing extremist violence that has plagued the country since 1990 and was swept under the carpet for years. Political thriller "The Jewish Candidate" by British journalist David Crossland has been published just as Germany's September election campaign is heating up and at the start of a trial of a neo-Nazi cell blamed for a spate of racist murders that went undetected for more than a ... Full Story | Top |
| New book asks: Could Germany have a Jewish chancellor? Friday, May 24, 2013 07:49 AM PDT  By Erik Kirschbaum BERLIN (Reuters) - A new novel about a neo-Nazi plot to assassinate Germany's first Jewish candidate for Chancellor has shed a timely light on the right-wing extremist violence that has plagued the country since 1990 and was swept under the carpet for years. Political thriller "The Jewish Candidate" by British journalist David Crossland has been published just as Germany's September election campaign is heating up and at the start of a trial of a neo-Nazi cell blamed for a spate of racist murders that went undetected for more than a decade. ... Full Story | Top |
| Television wins new respect from movie elite at Cannes festival Friday, May 24, 2013 07:19 AM PDT  By Belinda Goldsmith CANNES (Reuters) - Actors and directors gathered for the world's leading movie showcase in Cannes this week said television was increasingly luring top talent and should no longer be seen as artistically inferior to the big screen. TV series like "The Wire," "Homeland", "Mad Men," "The Sopranos" and "Game of Thrones", which have won critical and commercial success, were cited for breaking down the division between movies and TV, giving audiences innovative viewing. ... Full Story | Top |
| One Direction sweeps awards for most popular social media stars Friday, May 24, 2013 07:14 AM PDT  By Patrick Johnston SINGAPORE (Reuters) - British boy band One Direction has swept the inaugural awards recognizing the most popular people in social media globally, coming top in four out of 10 categories at a star-studded ceremony in Singapore. One Direction was named most popular music group, most popular UK musicians, most popular in the UK, and most popular in west Europe, at the Social Star Awards, but did not show up to collect their prizes, sending their thanks by videolink. ... Full Story | Top |
| WikiLeaks documentary spotlights complexity of Julian Assange Friday, May 24, 2013 05:16 AM PDT  By Zorianna Kit LOS ANGELES (Reuters) - WikiLeaks founder Julian Assange may claim to be a champion of transparency, but when an Oscar-winning filmmaker wanted to shine a light on his rise to fame after publishing secret U.S. diplomatic cables on his website, Assange was none too pleased. Alex Gibney set out to uncover the story behind Assange, 41, and the website he founded in 2006 to leak classified information submitted by anonymous sources, but received little cooperation from the former computer hacker. ... Full Story | Top |
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