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...office attraction for 15 consecutive weeks, from Dec. 1997 to the end of March 1998 - the weekend after it won a record-tying 11 Academy Awards, including Best Picture. The sinking-ship drama finally racked up $600 million stateside, and twice as much abroad, for a $1.8 billion total theatrical take. That made it the all-time top-grossing movie (sixth in real dollars, after Gone With the Wind, Star Wars, The Sound of Music, E.T. and the 1956 The Ten Commandments). But Cameron's last blockbuster was a once-every-20-years phenomenon; the gross of his new picture...
...Office Mojo's daily chart, reveals that all of them sold more tickets on Saturday than on Friday. Only Avatar dipped, by 5%. And, whatever the weather, the overall box office was up a spectacular 58% from the same weekend last year, leading the 2009 tally past the $10 billion mark for the first year ever. So what do we call the alibi for Avatar's Saturday drop? A snow...
...expected by year's end. The synopsis is this: upon the death, at 69, of billionairess Nina Wang Kung Yu-sum (a woman who wore her hair in pigtails, dressed like Lolita and answered to the nickname Little Sweetie), two conflicting wills were produced. One bequeathed her $4.2 billion estate to the Chinachem Charitable Foundation, run by her siblings. The other was flaunted by feng shui "master" Tony Chan Chun-chuen - who also claimed to be her lover - and stipulated that everything was to be left to him. It emerged in court that Chan had told Wang to bury large...
...media shake-up, cable operator Comcast agreed to buy a majority stake in NBC Universal from General Electric. The deal would create a giant firm whose assets pulled in $51 billion in revenue last year. Thriving NBC Universal cable channels such as USA and MSNBC were especially attractive to Comcast, though the flagship NBC broadcast network remains mired in fourth place. Regulatory approval of the deal could take more than a year...
...year-old lawsuit over royalties owed to Native Americans for use of tribal lands has finally drawn to a tentative close. The U.S. announced it would pay $3.4 billion to settle claims that it underpaid beneficiaries and mismanaged revenue from land it holds in trust for more than 300,000 Native Americans under an 1887 law. (The government oversees leases of land for mining, oil and gas drilling, livestock grazing and other uses.) The Federal Government also agreed to create a $60 million higher-education scholarship fund for Native American students. President Obama called the proposed settlement in Cobell...