Industry
Time Warner Chairman likely to step down
NEW YORK (Reuters) - Time Warner Inc Chairman Richard Parsons said he is likely to step down in the next year, clearing the path for Chief Executive Jeffrey Bewkes to assume the role. Full Article
Hollywood actors and studios to renew labor talks
LOS ANGELES (Reuters) - The Screen Actors Guild and major Hollywood studios agreed to return to the bargaining table by May 28 to resume contract talks that broke off more than a week ago, sources close to the talks said on Thursday. Full Article
Fox yells "cut" on commercials
NEW YORK (Hollywood Reporter) - Fox Broadcasting said Thursday it would drastically reduce the commercial levels of two upcoming action dramas -- "Fringe" and "Dollhouse" -- in an effort to reinvigorate broadcast television. Full Article
The week in showbiz
May 15 - Cannes kicks off, the new James Bond shoot, Britney back on screen, and more. Play Video
Queen Elizabeth's grandson weds, tabloids fume
LONDON (Reuters) - It has all the ingredients of a proper British royal wedding: romance, tradition, rain, and a gossip magazine feud. Full Article
