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Tuesday, February 07, 2017
21st Century Fox COO Chase Carey Chase Carey: 'No Silver Lining' to Fox’s Reduced Q2 Profit

A subdued Chase Carey, COO of 21st Century Fox Inc., Feb. 6 said theatrical results from 20th Century Fox Studios through the first six months of the fiscal year (ended Dec. 31, 2013), in addition to lower political advertising on TV stations, and viewer ratings, led by declines at “X Factor,” would negatively impact corporate results going forward.

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Lionsgate Posts $89 Million Q3 Profit, Record Revenue

Lionsgate Feb. 6 reported third-quarter (ended Dec. 31) profit of $88.9 million on record revenue of $840 million. The Santa Monica, Calif.-based mini-major posted profit of $37.8 million on revenue of $744 million during the previous-year period.

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Sony Pictures Q3 Profit Down Slightly

Sony Pictures Feb. 6 reported third-quarter (ended Dec.31, 2013) operating income of more than $239 million, which was down about 4% from operating income of $249 million during the previous-year period. Revenue increased 7% to $2.1 billion, which was actually a 13% decline when accounting for depreciation of the yen against the U.S. dollar.

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New Redbox president Mark Horak Warner's Horak Named New Redbox President

Redbox parent Outerwall has named Mark Horak, former president of the Americas at Warner Bros. Home Entertainment, as its new president, taking over the role Anne Saunders vacated in December.

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Jungle Book, The: Diamond Edition (Blu-ray Review)

The animation is lively and really brightens up the screen in high-definition. The colors are perfectly rendered, and the image is sharp enough to see the rough edges of the original animation lines, which just gives the drawings more character.(Street Date 2/11/14)

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