Reuters - Intel Corp. is combining computer animation and social networking to produce an original animated short film.

Reuters - Online DVD rental service Netflix Inc said on Thursday the most severe system outage in its history was preventing shipments of discs to about a third of its 8.4 million customers.

Reuters - Gannett Co Inc plans to eliminate 1,000 positions from its local newspapers around the U.S. because of declining advertising and circulation revenue, and may cut more if those conditions persist.

Reuters - DreamWorks Animation SKG Inc Chief Executive Jeffrey Katzenberg said on Wednesday the movie studio was in talks to make a sequel to box office hit "Kung Fu Panda" and could make an announcement within two months.

AP - A federal appeals court Wednesday reversed a ruling that awarded one of John Steinbeck's sons and a granddaughter publishing rights to 10 of the author's early works, including "The Grapes of Wrath" and "Of Mice and Men."

AP - Tom Cruise's producing partner Paula Wagner said Wednesday she will leave her job as chief executive of United Artists to produce projects independently.

Reuters - In a move that ends her longtime business partnership with Tom Cruise, Paula Wagner is stepping down from her post as co-owner and CEO at United Artists.

Reuters - Michael Phelps may have racked up more medals than any other Olympian in history, but turning his gold into Madison Avenue or Hollywood cash will be far trickier.

Reuters - Warner Music has bought a majority stake in a Spanish company specializing in artist management and touring as it seeks to expand alternative sources of revenue to compensate for falling CD sales.

Reuters - It took five weeks, but the ABBA-driven soundtrack to "Mamma Mia!" rose two places to No. 1 on the U.S. albums chart Wednesday.

Reuters - Warner Music Group's top U.S. executive for recorded music, Lyor Cohen, sold 23 percent of his shares in the company earlier this week, according to a U.S. regulatory filing.