- ‘Gay Jeans’ that fade into rainbow-colored denim created
- Divided court strikes down big porn award
- Jimmy Carter: Don’t hurt Russian people with sanctions
- Oldest ex-MLB player dies in Cuba, 2 days shy of 103rd birthday
- ‘Top Gun’ for drones: Squadrons of carrier-based killers have Navy’s approval
- Bill Clinton to endorse Charlie Rangel for re-election
- Pfc. Bradley Manning is now Pfc. Chelsea Manning: Court says so
- Secret base U.S. special forces used to train Libyans now under terrorist control: report
- 9th suspect in N.C. kidnapping turns self in to FBI
- L.A. sheriff admits to testing flyover spy program without notifying residents
Del. bankruptcy judge approves Digital Domain sale
DOVER, DEL. (AP) - A Delaware bankruptcy judge has approved the sale of a digital production company founded by film director James Cameron.
The judge signed off Tuesday on the sale of Digital Domain Media Group Inc. to a joint venture between a Chinese media company and an Indian counterpart after attorneys resolved contractual issues involving NBCUniversal and a dispute over tax obligations in St. Lucie County, Fla., where the company is based.
U.S. subsidiary of Beijing Galloping Horse Film & TV Co. and Mumbai-based Reliance MediaWorks submitted a winning bid of $30.2 million.
Digital Domain has produced visual effects for movies including “Titanic,” “Pirates of the Caribbean: At World’s End” and the “Transformers” series.
The company, which received millions of dollars in incentives from Florida officials, sought bankruptcy protection two weeks ago.
TWT Video Picks
By Andrew P. Napolitano
Obama's veil of secrecy is pierced
- 'Top Gun' for drones: Squadrons of carrier-based killers have Navy's approval
- Pentagon plans to replace flight crews with 'full-time' robots
- Kansas will nullify local regulation of guns
- Nevada rancher Cliven Bundy hailed as patriot, ripped as lawless deadbeat
- America is an oligarchy, not a democracy or republic, university study finds
- Opposition rising to Colorado gun control laws
- CARSON: When government looks more like foe than friend
- Paul Ryan to meet with black lawmakers after 'inner cities' flap
- Georgia's new carry law a big win for gun rights
- Tactical advantage: Russian military shows off impressive new gear
Top 10 handguns in the U.S.
Celebrity deaths in 2014