The government-owned holding company Dubai World is going to take a minority slice of MGM Mirage's hotel and gaming enterprise for $5 billion. Dubai World's been on a buying spree of late. Lisa Napoli reports.
It used to be that Spanish-speaking singers would occasionally cross over into America's English-language charts. Now, English-speaking artists are looking to deliver their songs in Spanish. Ambar Espinoza reports.
Wal-Mart plans to start selling music downloads without copy protection at a cheaper rate per song than iTunes. But some say the move won't necessarily bump up online sales. Ashley Milne-Tyte reports.
Don't buy that new DVD player yet. Just when you thought Sony had won the hi-def home movie war and established Blu-ray as the dominant format, two major movie studios yesterday helped HD-DVD strike back. Jill Barshay has more.
Millions of people will be at house parties tonight… to watch a made-for-TV movie on the Disney Channel. That's right. It's the Mouse House sequel to the cash cow called High School Musical. Lisa Napoli does the advanced cross-promotional math.
Who'da thought slot machines would save horse racing. Tracks have been struggling to keep their gates open for a while now, but the casinozation concept is working so well, Diana Nyad predicts they'll all have slots one day soon.
You probably won't find Shawn Carter or Curtis Jackson on any list of Who's Who in American Business. But they're on top of the new Forbes magazine list of hip-hop's cash kings. Forbes' Lea Goldman is on the beat.
Elvis T-shirts, an Elvis-edition Harley, Elvis Reese's Cups, ticket sales at Graceland… the licensing money for all that memorabilia really adds up. But the folks in charge of his estate have big plans that could triple the take. Wren Elhai reports.
20th Century Fox has reached agreement with a group of top screenwriters that would pay them smaller advances in exchange for allowing them a percentage of the profits if their movies get made. Lisa Napoli reports.