Ellen DeGeneres quits "American Idol" as judge (Reuters)
Reuters - "American Idol" judge Ellen DeGeneres unexpectedly quit the top-rated television singing show on Thursday after just a year in the job, saying it was not the right fit for her.

Reliance, Universal eye theme park in India (Reuters)
Reuters - India's Reliance ADA Group is in talks with Universal Studios to build a $1.5 billion, 400 acre theme park and resort in India, the Wall Street Journal reported on Thursday citing a person familiar with the matter.

Imax posts 5-fold rise in Q2 profit (Reuters)
Reuters - Big-screen movie company Imax Corp posted a five-fold increase in quarterly profit and raised its theater system installation outlook by about 25 percent for the year.

ABC executive resigns amid sex harassment probe (Reuters)
Reuters - The head of entertainment programing and production at ABC resigned from the network as the company conducted an internal sexual harassment investigation, a source said Wednesday.

Eminem leads album chart for fifth week (Reuters)

Rapper Eminem performs 'Not Afraid' at the 2010 BET Awards in Los Angeles June 27, 2010. REUTERS/Mario AnzuoniReuters - Eminem ruled the U.S. pop album chart for a fifth week on Wednesday, fending off a strong debut from fellow rapper Rick Ross.



Consortium on track for Miramax buy (Reuters)
Reuters - Los Angeles construction magnate Ronald Tutor and investment firm Colony Capital, leading a group seeking to acquire Miramax Films for $675 million, were expected to deliver a $40 million, non-refundable deposit to vendor Walt Disney Co. on Wednesday, keeping the deal on track to close this week, sources said.

Bright quarter seen for big media, but investors wary (Reuters)
Reuters - U.S. media companies are set to report revenue increases of 5 to 15 percent as they issue earnings reports over the next two weeks -- the best the industry has looked in at least two years.

DreamWorks profit better than expected despite "Shrek" (Reuters)
Reuters - DreamWorks Animation studio posted a lower profit on Tuesday, but still beat analysts' estimates, for a quarter that lacked major new DVD releases and was marked by domestic box office results for "Shrek Forever After" that were below the franchise's earlier films.

Disney buying Playdom for at least $563.2 mln (Reuters)
Reuters - Walt Disney said on Tuesday it has agreed to acquire Playdom Inc for $563.2 million, as the media giant aims to take a leading role in the fast-growing market for social games.

Examiner sees signs of dishonesty in Tribune sale (Reuters)
Reuters - The court-appointed examiner investigating Tribune Co's bankruptcy said he found some evidence of dishonesty in the 2007 leveraged buyout of the media company by real estate developer Sam Zell.

Redford and Estevez films to make debut at Toronto (Reuters)

Actor, director, and Sundance Film Festival founder Robert Redford answers a question regarding his history with photographer Ron Galella during the opening news conference on the first day of the 2010 Sundance Film Festival in Park City, Utah January 21, 2010. REUTERS/Lucas JacksonReuters - World premieres by directors Robert Redford and Emilio Estevez are among the highlights of this year's Toronto International Film Festival, which will feature a slimmer lineup of movies than in years past.



James Bond producers worried by indefinite delay (Reuters)

A worker prepares 007 sign for the Japanese premiere of James Bond movie Reuters - The "James Bond 007: Blood Stone" video game event in London this month had all the class and splash one would expect from the world's most elegant spy.



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