AP - Google Inc.'s YouTube is setting up a virtual screening room to bring the work of independent filmmakers to a global audience.

Reuters - It's a felony to print money, but Disney, for all practical purposes, has found a way around that law. By adhering closely to its "High School Musical" formula and stretching the results over even more of its divisions, Disney has devised a way to generate coin more efficiently than the U.S. Mint.

Reuters - XM Satellite and Sirius Satellite Radio shares tumbled on Thursday after Goldman Sachs slashed its price target on the two companies, who hope their proposed merger will soon pass its last regulatory hurdle.

Reuters - Coldplay scored its first No. 1 on the U.S. singles chart Thursday, and preliminary sales data indicate the British rock band will claim the top spot on the albums tally next week.

Reuters - As Hollywood recovers from a tumultuous writers walkout that ended in February, U.S. television networks are bracing for a possible actors strike that could delay the upcoming fall TV season.

Reuters - News Corp Chief Executive Rupert Murdoch said on Thursday that the share of revenue coming from digital businesses across the Dow Jones Company could reach 75 percent "in a very few years."

Reuters - The New York Post can finally drop its Carl Icahn blog-watch timer. The long-delayed Icahn Report blog is going live on Thursday, the financier and corporate agitator said on Wednesday.

Reuters - The first act of a big Hollywood drama is nearing an end as Steven Spielberg's DreamWorks SKG closes in on up to $600 million in financing from an Indian conglomerate to further its scheme to exit Paramount, a person close to the talks said on Wednesday.

AP - Google Inc.'s YouTube is setting up a virtual screening room to bring the work of independent filmmakers to a global audience.

Reuters - Consumer spending on filmed entertainment will rise to $111.2 billion in 2012 from $85.9 billion last year, driven by Asia-Pacific growth and digital upgrades in homes and theaters, according to a report released on Wednesday.