Story | Aug 23, 2014 | 1:00 PM
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Story | Nov 12, 2013 | 8:55 AM“Fantasy sports” are hugely popular, but when fans “draft” players for their teams, they “own” only the players' statistics. Recently, Wall Street and Silicon Valley entrepreneurs created Fantex Holdings, which will allow investors to buy actual pieces of real players — namely, rights to 20 percent of the player's lifetime earnings (including licensing and product endorsement deals). The firm told The New York Times in October that it will soon stage an “IPO” for budding NFL star Arian Foster and hopes to sign up many more athletes, plus singers and actors similarly early in their careers. (On the other hand, Fantex's lawyers drew up a 37-page list of potential investment risks, such as injuries, slumps and scandals — and the fact that the stock will trade only on Fantex's private exchange.)
Story | Aug 25, 2014 | 8:30 AM
A genre connoisseur, Paris-based Films Distribution has swooped on world sales rights to "Goodnight Mommy," an intriguing combination of an unnerving chiller and production by Austrian auteur Ulrich Seidl. World premiering in Venice Horizons, "Mommy"...
Story | Aug 22, 2014 | 6:45 AM
VIENNA (Reuters) - Authorities suspect around 130 people resident in Austria - most of them foreign nationals - have allied themselves with Islamist militants fighting abroad, officials in Vienna said on Friday, raising their estimate by nearly a third....
Story | Aug 17, 2014 | 1:00 PM