AP - LOS ANGELES (AP) — The Screen Actors Guild rejected the latest contract offer from Hollywood studios on Thursday but claimed it was willing to negotiate and presented a counterproposal.

Reuters - Australian two-time Oscar nominee Judy Davis on Friday won A$140,000 (67,000 pounds) plus costs in a defamation suit against local media company News Ltd, controlled by media mogul Rupert Murdoch.

Reuters - Veteran U.S. television journalist Ted Koppel has been named as a contributing political analyst for the BBC's internationally broadcast "World News America" program.

Reuters - The Hollywood studios will take a revenue hit when US Airways does away with in-flight movies, but executives don't expect other airlines to follow suit.

Reuters - Financial news and data company Bloomberg LP is creating several new units as part of a reorganization that includes a shuffling of top management.

Reuters - Several hundred major media executives at Herb Allen's annual retreat in this remote Northwest niche thought they could get away from it all, including Hollywood's labor strife 900 miles. But they were at least partially wrong.

Reuters - No offense to the red-skinned, gun-wielding, cigar-chomping demon, but he had to rely on several real-life heroes before "Hellboy 2: The Golden Army" could make it to the screen.

Reuters - Sumner Redstone, chairman of media company Viacom and broadcaster CBS, said his daughter Shari was no longer heir-apparent to his conglomerate and she would leave its board as part of a deal he reached with her, The New York Times reported on its website on Thursday.

Reuters - A day after losing a bid to scuttle a rival union's new labor contract with Hollywood's studios, Screen Actors Guild leaders insisted on Wednesday they were determined to negotiate a better deal, despite the studios' assertion that bargaining is over.