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BEVERLY HILLS, Calif. | Julia Roberts, reboots and diversity part of new TV season

BEVERLY HILLS, Calif.— What’s the television industry’s top summer destination? A hotel in which 200-plus U.S. and Canadian entertainment reporters and critics gather for an early look at next season’s shows and the chance to question the actors, writers and producers who create them. The Television Critics Association’s just-ended biannual conference was both a micro … Continue reading BEVERLY HILLS, Calif. | Julia Roberts, reboots and diversity part of new TV season

NEW YORK | Disney says its new streaming service won’t rival Netflix

NEW YORK — Disney’s upcoming streaming service won’t try to compete directly with Netflix and Amazon, but will focus instead on quality — namely original programs from Disney’s “Star Wars,” Pixar and Marvel brands. The details from Disney CEO Bob Iger came as Disney reported a growth in earnings for the latest quarter, though results … Continue reading NEW YORK | Disney says its new streaming service won’t rival Netflix

LONDON | Amazon pays just $2.2M in tax in UK despite surge in profits

LONDON — Amazon is facing criticism after its British tax bill fell despite a big jump in sales and profits. Records show Amazon U.K. Services Ltd. faced a 2017 tax bill of 4.6 million pounds ($6 million) but paid 1.7 million pounds ($2.2 million), deferring the rest. Its pre-tax profits for the period were 72.4 … Continue reading LONDON | Amazon pays just $2.2M in tax in UK despite surge in profits

WASHINGTON | AP FACT CHECK: Trump’s hyped claims on economy, NKorea, vets

WASHINGTON — President Donald Trump received positive economic news this past week and twisted it out of proportion. That impulse ran through days of rhetoric as he hailed the success of a veterans program that hasn’t started and saw progress with North Korea that isn’t evident to his top diplomat. A week in review: ECONOMY … Continue reading WASHINGTON | AP FACT CHECK: Trump’s hyped claims on economy, NKorea, vets

NEW YORK | Nod for Disney’s $73.1B acquisition of Fox entertainment

NEW YORK — Disney’s $71.3 billion acquisition of Twenty-First Century Fox’s entertainment division is one step closer after shareholders approves the deal Friday. The tie-up brings together Marvel’s X-Men and Avengers franchises and creates an entertainment behemoth in the digital streaming era. The shareholder vote caps a saga that began in December 2017, when Disney … Continue reading NEW YORK | Nod for Disney’s $73.1B acquisition of Fox entertainment

NEW YORK | Amazon’s quarterly profit tops $2 billion for first time

NEW YORK — Amazon’s quarterly profit soared past $2 billion for the first time as its online shopping, cloud computing and advertising businesses kept growing. The company, which has expanded far beyond its online bookseller beginnings, is also moving into health care and building up its physical presence as it cements customer loyalty through its … Continue reading NEW YORK | Amazon’s quarterly profit tops $2 billion for first time

NEW YORK | Disney streaming could get boost as Comcast drops Fox bid

NEW YORK — Comcast is dropping its bid for Fox’s entertainment businesses, paving the way for Disney to boost its upcoming streaming service by buying the studios behind “The Simpsons” and X-Men. Getting Fox would help the House of Mouse compete with technology companies such as Amazon and Netflix for viewers’ attention — and dollars. … Continue reading NEW YORK | Disney streaming could get boost as Comcast drops Fox bid

BRUSSELS  | EU ruling against Google opens ‘opportunity,’ rival says

BRUSSELS  — European regulators’ latest swipe at the dominance of U.S. tech giant Google could open new opportunities for rivals in search and web browsers — that is, if handset manufacturers decide to make the most of the opening. The European Commission on Wednesday fined Google a record $5 billion for forcing cellphone makers that … Continue reading BRUSSELS  | EU ruling against Google opens ‘opportunity,’ rival says