News Corp. shares tumble as company goes on PR offensive with print apology as News International's former head Rebekah Brooks was arrested Sunday, London's police chief quits and actor Jude Law claims his phone was hacked. Prime Minister David Cameron called in Parliament to deal with the scandal, as speculation rises about possible harm to Murdoch's US empire.

ABS by Alan Schwartz balks at design copyright protection.

Amana introduces new online shopping tool.

Australia's government launches campaign for carbon tax.

Borders faces liquidation.Continue reading...

It’s like “orbiting the earth’s atmosphere sort of feeling…a lovely moment,” said Colin Firth on being nominated for Best Actor for The King’s Speech. Now that he's a winner and a (literal) star in Hollywood, his value in Hollywood is projected to skyrocket.Continue reading...

There was a time when Miramax equaled Oscar nomination. That day is long gone. So far gone, in fact that Disney, Miramax's parent, plans on practically mothballing the brand.

Someday an intrepid young filmmaker will tell the story of the Mirimax brand's rise and fall. It should be great. Filled with accomplishment, strong-arming, creativity, gambling and hubris.

Harvey and Bob Weinstein, the gregarious brothers who legendarily ran the studio as much like an organized crime operation as an entertainment one, built the brand by putting indie on the map. Superstar directors like Tarintino and Soderberg owe their current big-box-office careers to Miramax.

Disney had owned a chunk of the studio since 1993, and took over in full four years ago when the brothers left.Continue reading...