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Together with Rogue Pictures, Virgin is launching a joint venture called “Virgin Produced.” The studio plans to develop for film and TV.

Hinting at a change in policy, the House Financial Services Com. approved a bill this week that would reverse course from 2006 law restricting Internet gambling

The Financial Times is reporting News Corp is considering starting a news organization focused on subscription news for tablet devices. A decision is expected by fall.

After a multi-year delay, work to bring WiFi and mobile phone service to NYC subway stations is underway again.

After six months for sale, Disney has reached a deal to sell the studio to Filmyard Holdings,. Sale includes rights to more than 700 movies.

Following up prior objections, Microsoft plans to fight Japanese Yahoo-Google search deal before Japan’s Fair Trade Commission.

The movie rental kiosk company will begin offering $1.50 Blu-ray from its 13,000 kiosks nationwide by fall.