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Best Buy bets on 3D TV, but no quick payoffs seen (Reuters)

Reuters – While James Cameron’s 3D sci-fi epic “Avatar” took the box office by storm instantly, the road to success will be much longer for Best Buy Co Inc, which is making a big bet on 3D televisions this year.

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AIG, McDonald’s, IMAX, Yahoo are big movers (AP)

AP – Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:

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Panasonic and Best Buy Plan To Push 3-D TV Sets (NewsFactor)

NewsFactor – In one of the funnier moments of Sunday’s Academy Awards, Steve Martin and Alec Baldwin thought they spotted Avatar director James Cameron in the audience. The hosts whipped out 3-D glasses to scan the audience for the man whose top-grossing film has fueled more interest in 3-D viewing.

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Hollywood billboards taken down amid legal battle (AP)

A commercial billboard described as 'super graphic' ad for Asics sports wear, is seen on top of building in the Hollywood Boulevard section of Los Angeles on Thursday, March. 4, 2010. The Los Angeles city attorney's office has filed its first charges under a ban passed last year on the giant building-cloaking signs known as super graphics and most other digital billboards. The civil complaint filed Monday accuses 27 billboard companies, property owners and sign installers of violation of the ban approved in August by the City Council. (AP Photo/Damian Dovarganes)AP – Five giant billboards have been removed from buildings in Hollywood near the site of the Academy Awards after Los Angeles prosecutors charged four people and four companies with hanging the so-called supergraphics illegally.


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Deadline looms in Cablevision-ABC feud (AP)

AP – Cablevision’s 3.1 million customers in New York could lose access to the Academy Awards on Sunday if ABC’s parent company follows through on a threat to pull the plug at midnight Saturday in a dispute over payments.

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2 free on bail, 2 sought for LA billboard breaches (AP)

A commercial billboard described as a 'supergraphic' ad for Asics sports wear, left, is seen on Hollywood Boulevard in Los Angeles on Thursday, March. 4, 2010. The Los Angeles city attorney's office has filed its first charges under a ban passed last year on the giant building-cloaking signs known as super graphics and most other digital billboards. The civil complaint filed Monday accuses 27 billboard companies, property owners and sign installers of violation of the ban approved in August by the City Council. (AP Photo/Damian Dovarganes)AP – City prosecutors have charged four people and four companies with illegally hanging giant billboards at an intersection near the site of the upcoming Oscars, days after they jailed a man for putting up a separate eight-story supergraphic ad across the street.


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Ark incentives help attract film crews (AP)

AP – An incentive package approved by the Legislature is helping attract filmmakers to Arkansas, which the state’s film commissioner says is a solid way to build a new segment to the state’s economy.

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LA prosecutors seek 4 for breaking billboard laws (AP)

AP – City prosecutors have obtained arrest warrants for four people connected to giant billboards at an intersection near the site of the upcoming Oscars, days after they jailed a man accused of putting up a separate eight-story supergraphic ad there without a permit.

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Movers roundup: Imax, RadioShack (AP)

AP – Among the stock activity stories for Wednesday, March 3, from AP Financial News:

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Imax falls as analyst eyes emerging competition (AP)

AP – Shares of giant-screen movie technology company Imax Corp. fell Wednesday after an analyst said No. 2 theater chain AMC Entertainment will roll out its own oversized format in the U.S., which could hurt Imax’s revenue.

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Redbox agrees with Warner Bros. on 28-day delay (AP)

AP – DVD rental kiosk chain Redbox has agreed to wait 28 days after Warner Bros. releases new movies for sale before offering to rent them for $1 a night.

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Disney quarterly results beat expectations (Reuters)

Reuters – A strong performance at its cable division and cost-cuts at its film studio propelled Walt Disney Co to better-than-expected earnings, but clouds remained over its theme parks.

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Disney quarterly results beat expectations (Reuters)

Reuters – Walt Disney Co has reported a stronger-than-expected quarterly profit, as its cable TV division turned in another star performance and cost-cutting provided some much-needed support for its film studio.

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Iowa AG files charges over film tax credits (AP)

AP – Two filmmakers, their companies and the former manager of the Iowa Film Office were accused Monday of mishandling tax incentives designed to lure moviemakers to the state.

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Iowa AG files charges over film tax credits (AP)

AP – Two filmmakers, their companies and the former manager of the Iowa Film Office were accused Monday of mishandling tax incentives designed to lure moviemakers to the state.

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Movie Gallery to continue operating in bankruptcy (AP)

AP – Movie Gallery Inc., owner of struggling movie rental chain Hollywood Video, said Wednesday it will continue to operate while the company is in bankruptcy.

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Movie Gallery files for Ch 11 bankruptcy (AP)

AP – Movie Gallery Inc., owner of the Hollywood Video movie rental chain, has filed for Chapter 11 protection and plans to close 805 stores — about a third of its total.

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Content is ‘electronic emperor’ says Murdoch (AFP)

The logo of media firm News Corporation. Chief Executive of group, Rupert Murdoch, has repeated plans to begin charging online readers of his newspapers.(AFP/File/William West)AFP – Buoyed by a box office hit in “Avatar” and better-than-expected profits, News Corp.’s Rupert Murdoch has predicted a rosy future for content companies such as his media and entertainment giant.


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Sony Pictures Entertainment cuts 450 jobs (AFP)

Sony Pictures Entertainment is to trim 450 jobs from its workforce, the studio said, with executives citing online piracy and changing viewer habits as reasons for the cuts.(AFP/Sony Pictures/Ho)AFP – Sony Pictures Entertainment is to trim 450 jobs from its workforce, the studio said, with executives citing online piracy and changing viewer habits as reasons for the cuts.


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Report: Movie Gallery may file bankruptcy (AP)

AP – Movie Gallery Inc., owner of the Hollywood Video movie rental chain, may file for bankruptcy court protection as soon as next week, according to a news report.

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‘Up in the Air’ author Kirn flying high with film (AP)

In this Jan. 15, 2010 photo, Walter Kirn, author of 'Up in the Air,'  is pictured in his home in  Livingston, Mont. Kirn's book was made into a movie starring George Clooney. (AP Photo/Angela Schneider)AP – It’s a scenario many authors dream about: Their book becomes a smash movie. But novelist Walter Kirn is taking the pessimistic view of fellow Minnesota writer Garrison Keillor as he watches the movie version of his book, “Up in the Air,” soar to critical and box office success.


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Berlin film festival to open with Chinese movie (AP)

AP – The annual Berlin film festival will open next month with the premiere of a new movie from Chinese director Wang Quan’an, “Apart Together.”

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‘Slumdog’ child star has $145,000 in new deals (AP)

AP – “Slumdog Millionaire” child star Rubina Ali played a poverty-stricken child in the Oscar-winning film, but the real-life daughter of India’s shantytowns now has a small fortune in book and movie deals.

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Townsend replaced in Marvel Comics tale `Thor’ (AP)

In this Sept. 17, 2008 photo, writer-director Stuart Townsend attends a Film Society hosted screening of 'Battle In Seattle' at the Tribeca Hotel in New York. (AP Photo/Evan Agostini, File)AP – Stuart Townsend has departed Marvel Comics’ movie adaptation of “Thor” because of creative differences, according to sources close to the production.


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ESPN to bring World Cup in 3-D (AFP)

File photo shows Brazilian footballer Marcos Cafu holding the FIFA World Cup trophy in Rio de Janeiro. Television has entered a new dimension as US sports broadcaster ESPN said it will show some World Cup soccer matches live from South Africa in 3-D and Japan's Sony teamed up with Discovery and IMAX to launch a 3-D TV network in the United States.(AFP/File/Vanderlei Almeida)AFP – Television entered a new dimension on Tuesday as US sports broadcaster ESPN said it will show some World Cup soccer matches live from South Africa in 3-D and Japan’s Sony teamed up with Discovery and IMAX to launch a 3-D TV network in the United States.


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