Lisa Richwine
Lisa Richwine
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Suspect in rapper Tupac Shakur's 1996 slaying charged with murder in Las Vegas | Reuters

Suspect in rapper Tupac Shakur's 1996 slaying charged with murder in Las Vegas | Reuters

Sept 29 (Reuters) - An admitted former street gang leader was arrested on Friday on a charge of murder in the Las Vegas shooting death of hip-hop star Tupac Shakur nearly three decades ago, a long-unsolved crime that became a defining moment in the history of rap music.Duane "Keffe D" Davis, who police said was long suspected and began implicating himself in a series of public statements in recent years, was taken into custody outside his home a day after a grand jury in Clark County, Nevada, returned an indictment against him.The indictment was presented during a brief hearing on Friday to...

Sep 30
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Disney's streaming chief Mayer to become TikTok CEO

Disney's streaming chief Mayer to become TikTok CEO

By , Mayer led the successful launch of the Disney+ streaming service in November but in February was passed over as Disney’s new chief executive.Mayer’s appointment will be effective June 1, when he will also become chief operating officer of ByteDance, the Chinese company said.TikTok, which allows users to create short videos with special effects, has become wildly popular with U.S. teenagers doing viral challenges that pair dances with music clips from the app’s library. TikTok has hinted at ambitions to build a music streaming business, announcing in January that it was partnering with...

May 19, 2020
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Beyond Oscars glitz, movie theaters face uncertain future

Beyond Oscars glitz, movie theaters face uncertain future

Register now for FREE unlimited access to Reuters.comLOS ANGELES, April 21 (Reuters) - Maryo Mogannam snuck into the Empire theater in San Francisco with his older cousins to watch “Animal House” when he was 14. He watched most of the James Bond movies at the historic art house and took his wife there on some of their first dates.The cinema, which had been showing movies since the silent film era, served notice in February that it was permanently closing because of the impact of COVID-19. The marquee is now blank, and cardboard and paper cover the box office window."It's kind of like losing...

April 21, 2021
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Netflix subscriber growth slows after pandemic boom, shares fall 11%

Netflix subscriber growth slows after pandemic boom, shares fall 11%

A smartphone with the Netflix logo is seen on a keyboard in front of displayed "Streaming service" words in this illustration taken March 24, 2020. REUTERS/Dado Ruvic/File PhotoRegister now for FREE unlimited access to Reuters.comApril 20 (Reuters) - Netflix Inc said slower production of TV shows and movies during the pandemic hurt subscriber growth in the first quarter, sending shares of the world's largest streaming service down 11% on Tuesday.Roughly 3.98 million people signed up for Netflix from January through March, below the 6.25 million average projection of analysts surveyed by...

April 20, 2021
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Disney to close at least 60 North American stores, focus on e-commerce

Disney to close at least 60 North American stores, focus on e-commerce

By LOS ANGELES (Reuters) - Walt Disney Co will close at least 60 Disney retail stores in North America this year, about 20% of its worldwide total, as it revamps its digital shopping platforms to focus on e-commerce, the company said on Wednesday.The media and entertainment company also is evaluating a significant reduction of stores in Europe, a spokesperson said, adding that locations in Japan and China will not be affected. Disney currently operates roughly 300 Disney stores around the globe.The company did not say how many people would lose their jobs as a result of the...

March 3, 2021
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Fox cancels Lou Dobbs' weekday show on Fox Business Network

Fox cancels Lou Dobbs' weekday show on Fox Business Network

By LOS ANGELES (Reuters) - Fox Corp’s Fox Business Network has canceled “Lou Dobbs Tonight,” a weekday program hosted by the business journalist and vocal supporter of former President Donald Trump, the company said on Friday.News of the cancellation came one day after Dobbs, 75, was named as a defendant in a defamation lawsuit filed by voting machine maker Smartmatic, which argued that three Fox hosts, including Dobbs, falsely accused the company of helping to rig the election against Trump.Fox said the move to end Dobbs’ show had been in the works before the lawsuit as part of a revamp...

February 6, 2021
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Dwayne Johnson, DiCaprio headline Netflix's U.S. slate of 2021 movies

Dwayne Johnson, DiCaprio headline Netflix's U.S. slate of 2021 movies

By Slideshow LOS ANGELES (Reuters) - Netflix Inc said on Tuesday it will release more than 70 movies this year to its U.S. customers across comedy, drama, family and other genres, a lineup that underscores the streaming service’s growing prominence in the film business.The Netflix slate includes crime thriller “Red Notice” starring Ryan Reynolds, Gal Gadot and Dwayne Johnson, one of six action movies, and zombie heist film “Army of the Dead” from director Zack Snyder. The dozen comedies include “Don’t Look Up” with an all-star cast of Leonardo DiCaprio, Jennifer Lawrence, Timothée Chalamet,...

January 12, 2021
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Netflix raises monthly charges for U.S. customers, shares jump

Netflix raises monthly charges for U.S. customers, shares jump

By (Reuters) - Streaming video service Netflix Inc on Thursday raised monthly charges in the United States for its standard and premium subscription plans, a move that sent the company’s shares climbing nearly 5%.Netflix increased the cost of its standard subscription by $1 a month to $14, and the price for the premium tier rose by $2 per month to $18. The standard plan, the company’s most popular, enables two streams at the same time, while the premium plan allows for four simultaneous streams.The price increase was the first for U.S. customers since January 2019.Shares of Netflix jumped...

October 29, 2020
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