(Reuters) - Bankrupt Hollywood special-effects company Digital Domain Media Group Inc said its lenders have agreed to provide about $11.8 million of debtor-in-possession financing, which would help the company continue operating while it reorganizes.... [Full Article]
NEW YORK (TheWrap.com) - Dana Brunetti, a prominent Hollywood producer with a first-look deal at HBO, said Tuesday that web video will "destroy networks and conglomerates as we know it." Brunetti, producer of "The Social Network" ... [Full Article]
Less than a year after going public, the digital production company founded by director James Cameron has filed for Chapter 11 bankruptcy protection and agreed to sell the core of its business to a private investment firm for $15 million. (Source: As... [Full Article]
(Reuters) - Digital Domain Media Group Inc, which won Academy Awards for visual effects in films including "Titanic," filed for Chapter 11 bankruptcy protection on Tuesday, days after it warned that it may need more cash to stay afloat. The... [Full Article]
The Isis Theatre hasn't changed much since it opened 86 years ago in southeast Nebraska, a stone's throw from the grain elevator and railroad tracks that cut through town. (Source: Associated Press)... [Full Article]
Barack Obama's digital team has gotten credit for being more active on social media than Mitt Romney's campaign. Obama has nearly 19 million Twitter followers while Romney hasn't breached one million. A recent Pew report suggested Obam... [Full Article]
LOS ANGELES (Reuters) - Keanu Reeves' latest film, "Side By Side," has no car chases, explosions or slow-motion bullets like those in "The Matrix." But for fans of cinema, it has something even more valuable - an inside look ... [Full Article]
In BBC boss Mark Thompson, the New York Times has chosen a chief executive who has never worked at a newspaper - but has plenty of experience reshaping a venerable media institution for the digital age. (Source: Associated Press)... [Full Article]