Entertainment News
Lions Gate adopts a new shareholders' rights plan
One of the leading entertainment-related companies, Lions Gate Entertainment Corp said that it is going to adopt a new shareholder rights plan. This, said that company, has been done so that it is able to deter the plans of billionaire, Carl Icahn's hostile takeover plans.
EMI Music Now Under Terra Firma
After raising enough investment to avoid the beleaguered label defaulting on its loans, the private equity tycoon Guy Hands has won the battle to keep control of EMI Music. It includes artists Kylie Minogue and Robbie Williams.