BRIEFCASE.Byline: - Staff and Wire Services
'Hard Day's Night' roalty suit filed
A man who claims he's being cheated out of royalties from the distribution of the 1964 Beatles film ``A Hard Day's Night'' is seeking $850,000 in damages from Miramax.
Bruce Karsh filed the Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. Superior Court lawsuit Friday.
He claims Miramax Film Corp., whose representative was not immediately available to comment on the allegations, refuses to pay him all sums owed under the agreement.
Evidence portion in Ovitz case ends
GEORGETOWN, Del. - The evidence phase of a long-running trial over Walt Disney Noun 1. Walt Disney - United States film maker who pioneered animated cartoons and created such characters as Mickey Mouse and Donald Duck; founded Disneyland (1901-1966)
Disney, Walter Elias Disney Co.'s 1996 firing of Michael Ovitz Michael S. Ovitz (b. December 14 1946, Los Angeles, California) is a former talent agent and Hollywood powerhouse who served as the head of the Creative Artists Agency from 1975 to 1995. from the job of president ended Wednesday.
Yale Law professor John Donohue, in his third trip to the witness stand, said Disney could have fired Ovitz for cause without paying him a $140 million severance package A severance package is pay and benefits an employee receives when they leave employment at a company. In addition to the employee's remaining regular pay, it may include some of the following:
Trial of the case began in October, and no decision is expected until after lawyers have exchanged briefs presenting their views of what the evidence showed.
Apartment rents in L.A. rise 4.7%
Apartment rents in Los Angeles and Orange counties climbed 4.7 percent in 2004 to end the year at $1,369 - making the region the West's highest priced rental market, according to according to
1. As stated or indicated by; on the authority of: according to historians.
2. In keeping with: according to instructions.
3. a survey to be released today.
Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, surpassed the San Francisco Bay Area “Bay Area” redirects here. For other uses, see Bay Area (disambiguation).
The San Francisco Bay Area, colloquially known as the Bay Area or The Bay as the West's most expensive rental market during the past year, reflecting the divergent fortunes of the state's biggest job centers, according to RealFacts, a Novato, Calif.-based real estate research firm.
Video game sales see record in '04
NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of - The video game industry enjoyed record sales in 2004, despite a shortage of game consoles over the holiday season.
The data from NPD NPD New Product Development
NPD Nouveau Parti Démocratique (Canada)
NPD Narcissistic Personality Disorder
NPD Norwegian Petroleum Directorate
NPD Nationaldemokratische Partei Deutschlands Funworld, a market research firm, showed that U.S. sales of video game consoles This is a list of video game consoles by the era they appeared in. Eras are named based on the dominant console type of the era (even though not all consoles of those eras are of the same type). Some eras are referred to based on how many bits a major console could process. , portable devices and the games made for those platforms were $9.9 billion in 2004. That figure is slightly below the overall sales figure of $10 billion in 2003. However, the 2004 figure does not yet include sales of games for personal computers. When those sales are included in a report due in the next few days, overall sales for the year will be a record, NPD said.
GM's 4Q profits skid 37 percent
DETROIT - Rising health care costs and lingering struggles in its European operations helped drive down General Motors Corp.'s profit by 37 percent in the fourth quarter, and the world's biggest automaker said it expects a rough start this year.
GM officials said Wednesday the company expects break-even or better results in the current quarter, reflecting lower vehicle production and sales of less profitable cars and trucks. They expect U.S. vehicle sales to be down slightly in 2005 from robust volume last year.
EBay sees bright outlook for 2005
SAN JOSE - Strong holiday sales caused eBay Inc.'s profit to surge 44 percent from the same period last year, and optimistic executives raised their outlook for the rest of 2005. But the online auction giant failed to meet Wall Street's expectations by a penny per share and its shares fell.
Ebay, one of the world's largest e-commerce companies, announced fourth-quarter earnings Wednesday of $205.4 million, or 30 cents per share Cents per share
The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. , compared with $142.5 million, or 21 cents per share in the same period of 2003.
Pfizer's quarter profit quadruples
NEW YORK - Pfizer Inc., the world's largest drug company, said Wednesday that its net income for the fourth quarter more than quadrupled, driven by strong sales of cholesterol drug Lipitor and comparison with results depressed by bigger charges a year ago.
Its earnings excluding certain items missed analysts' forecasts, however, and its shares slipped.
Pfizer also said that revenue and income will likely be tempered due to patent expirations and other factors. Pfizer will provide guidance for 2005 and beyond in April.