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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
04/24/201513:57:2021st Century Fox, News Corp Considering Move to World Trade Center
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04/21/201517:20:16Piers Morgan Questioned in U.K. Phone-Hacking Probe
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04/21/201503:20:09Sky's Earnings Climb on Subscriber Growth
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04/20/201518:10:17WSJ, New York Times Win Pulitzers
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04/15/201521:41:18EU Files Formal Charges Against Google -- 3rd Update
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04/14/201502:54:43Amazon, HarperCollins reach publishing deal
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04/10/201517:46:43News Corp., Fox in talks to move HQ to World Trade Center
04/08/201511:10:09Oyster Launches E-Bookstore With A La Carte Service
04/08/201510:20:06Oyster Launches E-Bookstore With A La Carte Service

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