There were 1,596 press releases posted in the last 24 hours and 396,712 in the last 365 days.

Entertainment Industry News: Random House Revenue Flat; Lionsgate Rejects Takeover Bid; Pirate Party Wants 10-Year Copyrights



March 24, 2010 /EIN PRESSWIRE/ Here are today's top entertainment industry stories from the EIN News media monitoring service:

Random House Posts Flat 2009 Revenue; Still Bright Spot for Bertelsmann
Random House reported $2.3 billion in revenue for 2009 with an operating profit of $185 million, a profit equal to its 2008 numbers. Dan Brow's The Lost Symbol and Stieg Larsson's The Girl with the Dragon Tattoo drove sales for the publisher. Bertelsmann, owner of Random House, posted a net loss of $111 million last year.

Read more at Book Publishing Industry Today:
Random House News - http://books.einnews.com/news/random-house-inc

Lionsgate Rejects Takeover Bid by Billionaire Carl Icahn
Film studio Lionsgate has rejected a hostile bid from billionaire investor Carl Ichan. Ichan owns about 19% of Lionsgate and has stepped up his attempt to gain control of the film and TV company.

Read more at Movie Industry Today:
Lionsgate News - http://movies.einnews.com/news/lionsgate

UK Pirate Party Wants to Limit Copyrights to 10 Years
The UK Pirate Party has put on its platform limiting the length of time copyrights are granted. The upstart political party is also campaigning to oblige the BBC to release all its content under Creative Commons licenses.

Read more at Music Industry:
Piracy News - http://music.einnews.com/news/pirate-bay-music

Book Publishing Industry Today (http://books.einnews.com), Movie Industry Today (http://movies.einnews.com) and Music Industry Today (http://music.einnews.com) are services of EIN News, an industry leader in news monitoring for business professionals and analysts. Using a combination of proprietary search technology and human editing, EIN News delivers to its members the latest entertainment industry news from around the world, saving them valuable time they'd spend searching for information. New users to EIN News publications can enjoy a no-obligation, one-week free trial.

About EIN Presswire
The EIN Presswire press release distribution service is a news-syndication solution that distributes news to more than 10 million visitors annually at EIN News and millions more through its press release distribution partners. A news source for leading journalists, decision-makers and industry professionals worldwide, EIN Presswire targets press releases to a wide array of worldwide business professionals in more than 80 different industries. EIN Presswire also offers affiliate network opportunities and news distribution to tens of thousands of news subscribers daily. Read the newest business news at http://www.einpresswire.com and the latest world news in more than 80 different industries at http://www.einnews.com.