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US Investigates Movie Studios' Dealings With China -Reuters

DOW JONES NEWSWIRES The U.S. Securities and Exchange Commission in the past two months sent letters of inquiry to at least five major movie studios seeking information on their business with China, Reuters reported Tuesday, citing a person familiar with the matter. The studios include News Corp.'s (NWS) 20th Century Fox, Walt Disney Co. (DIS), and DreamWorks Animation SKG Inc. (DWA), and the requests were for information on potentially inappropriate payments and how the companies dealt with certain government officials in China, the person told Reuters. Representatives of DreamWorks and Disney declined to comment to Reuters. News Corp. was unavailable for immediate comment, according to Dow Jones Newswires. News Corp. owns Dow Jones & Co., publisher of this newswire. Full story at http://www.reuters.com/article/2012/04/24/us-sec-movies-idUSBRE83N15V20120424 -Dow Jones Newswires; 212-416-2900

Stock News for News (NWSA)
DateTimeHeadline
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04/30/201317:00:10DreamWorks Net Falls 39% on Costs; Shares Up
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04/30/201311:20:14U.S. Newspaper Circulation Eases Again
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04/30/201309:46:43News Corp Shareholders to Vote June 11 on Proposed Split
04/30/201309:20:08Netflix Original Series 'Orange Is The New Black' to Premiere...
04/28/201302:18:28Obama Makes Fun of Himself, GOP and Media at Correspondents...
04/26/201311:00:14News Corp. Says Murdoch May Make 15% More

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