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Sony Suffers Record $5.7 Billion Annual Loss
Electronics giant cites effect of Japanese earthquake and tsunami and an unfavorable exchange rate as part of the reason for its anemic performance
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7 Hidden Gems in the Summer Movie Season
Need an alternative to "Dark Knight" and "Men in Black 3"? Here are some smaller films that deserve attention in a crowded field of blockbusters
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Chase Carey ‘Flatly Rejects’ that Rupert Murdoch is Unfit to Run News Corp.
The News Corp. COO tells analysts that U.K. parliamentary report contains "hard truths" but criticism of his boss was "purely partisan"
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News Corp. Q3 Beats Projections Thanks to Cable Growth, Chipmunks Sequel
Revenue and profits both jump, but report includes $63 million charge related to closing of News of the World
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AOL Earnings Skyrocket Even as Revenue Drops 4%
Stock price jumps over 4 percent on the stronger than anticipated earnings
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Sam Raimi’s Production Company Sues Makers of Proposed ‘Evil Dead’ Sequel
The team behind Sam Raimi's cult classic "Evil Dead" says it never gave the sequel rights to Award Pictures
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The New York Times Cuts 50 Non-Newsroom Positions
Citing the difficult economy, the New York Times lays off members of its corporate and business staff
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The Weinstein Company Acquires Dustin Hoffman’s Directorial Debut
"Quartet" centers on a group of retired opera singers and stars Maggie Smith and Michael Gambon
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Time Wins Magazine of the Year Award
National Magazine Awards recognize Christopher Hitchens, Oprah's magazine and the New Yorker's examination of Paul Haggis' split with Scientology
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‘The Avengers’: 5 Things You Need to Know If You Don’t Read Comic Books
From tesseracts to Mark Ruffalo to the likelihood of a Spider-Man cameo, TheWrap answers all your earth's mightiest heroes questions about "The Avengers"
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‘The Amazing Spider-Man’ Trailer Overflows With Wall-Crawler, Lizard Action
The latest preview for Sony's Spider-Man reboot swings with an in-depth look at the dangers and romances that face Peter Parker
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Facebook Sets IPO Price Range of Between $28-$35
The social networking giant could raise over $13 billion when it goes public this month
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Cablevision Weighing Sale of Clearview Cinemas
Cablevision executives label the theater chain a non-core asset on the heels of a lackluster earnings report
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‘The Scream’ Auctioned for Record-Breaking $119.9M After 12-Minute Bidding
Sotheby's auction of Edvard Munch's masterpiece "The Scream" surpasses record set by Picasso's “Nude, Green Leaves and Bust”
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Rebekah Brooks Will be Grilled on Phone Hacking, Political Connections at U.K. Panel Inquiry
Former News of the World editor Andy Coulson is also slated to appear before the Leveson Inquiry