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James Cameron takes 3-D film venture to China
Aug 8th, 2012
BEIJING (Reuters) - Oscar-winning director James Cameron said on Wednesday that he will open a joint venture in China to provide 3-D filming technology, the latest move by Hollywood to secure a foothold in the country's booming movie industry. Box office revenues -- growing by leaps and bounds in China thanks to its fast-growing middle class -- have whet Hollywood's appetite despite complaints over government restrictions on access to screens, content control and piracy. ... (Source: Reuters) -
LONDON (Reuters) - A British businessman was sentenced to 10 years in jail on Thursday after a judge described him as having "blood on his hands" for selling fake bomb detectors to Iraq and other countries and endangering lives for profit. James McCormick, 56, was convicted of fraud last week for selling equipment based on a $20 (13 pound... [Full Article]
LONDON (Reuters) - Google Inc's Executive Chairman Eric Schmidt is due to meet British Prime Minister David Cameron on Monday as a participant of an advisory group just days after UK lawmakers lambasted the Internet company's tax affairs. The meeting is a routine one and has been long-planned, will include other high-profile business peop... [Full Article]
LONDON (Reuters) - Britain's Royal Mail moved a step closer to privatisation on Thursday after the appointment of a firm to set up an employee share scheme, one of the pre-conditions for a sale. Under the 2011 Postal Services Act, which paves the way for privatisation, some 10 per cent of shares in Royal Mail will be set aside for the employee... [Full Article]
By Alexandria Sage CANNES (Reuters) - Folk music, Greenwich Village and a quick-footed cat star in the new Coen brothers movie at the Cannes film festival on Sunday, kicking off the first of five U.S. entries with its engaging misadventures of a struggling singer. "Inside Llewyn Davis" by directing duo Ethan and Joel Coen is a delightful ... [Full Article]
CANNES, France (AP) - Two directors from countries with tough film censorship brought bold and probing movies to the Cannes Film Festival on Friday - one exploring China's social problems, the other delving into the mysteries of the human heart. (Source: Associated Press)... [Full Article]