Dell closer to buyout as price talks narrow: source


NEW YORK (Reuters) - Dell Inc moved closer to a nearly $24 billion buyout deal, with price negotiations narrowing to $13.50 to $13.75 a share in what would be the biggest leveraged buyout since the financial crisis.


Talks between Dell, the world's No. 3 computer maker, and a consortium led by its founder and chief executive, Michael Dell, to take the company private were in the final stages on Monday, a person familiar with the matter said.


An outcome is expected soon, the person said, cautioning that no final agreement had been reached and negotiations could still break down.


Dell shares fell 2.6 percent to $13.27 in afternoon trading.


Microsoft Corp, which provides its Windows software for Dell computers and is also part of the investment consortium, is expected to invest around $2 billion in the deal, while private equity firm Silver Lake is expected to put in about $1 billion, the source said.


Michael Dell is expected to roll over his roughly 16 percent stake and put in some of his own money so he has control of the company, the source added.


Dell and Silver Lake declined to comment and Microsoft did not immediately respond to a request for a comment.


The $13.50 to $13.75 per share price range being negotiated translates into an equity valuation for Dell of between $23.5 billion to $23.9 billion.


The $13.75 per share is a premium of about 23 percent to the average of $11 per share Dell traded before news of the deal talks broke and is far below the $17.61 that the shares were trading a year ago."


Dell has steadily ceded market share in PCs to nimbler rivals such as Lenovo Group and is struggling to re-ignite growth. That's in spite of Michael Dell's efforts in the five years since he retook the helm of the company he founded in 1984, following a brief hiatus during which its fortunes waned rapidly.


Any deal that Michael Dell negotiates would need the approval of a majority of the shareholders. Deals that involve the considerable stake of a founder who is also the chief executive of the company are also likely to come in for extra scrutiny over whether the board exercised its fiduciary duty.


Dell has formed a special committee to take a close look at any potential deals on the table, multiple sources with knowledge of the matter told Reuters earlier.


(Reporting by Greg Roumeliotis in New York; Additional reporting by Poornima Gupta; editing by Carol Bishopric and Kenneth Barry)



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Cause of Super Bowl power outage remains unclear


NEW ORLEANS (AP) — Who turned out the lights?


The day after the 34-minute blackout at the Super Bowl, the exact cause — and who's to blame — were unclear, though a couple of potential culprits had been ruled out.


It wasn't Beyonce's electrifying halftime performance, according to Doug Thornton, manager of the state-owned Superdome, since the singer had her own generator. And it apparently wasn't a case of too much demand for power. Meters showed the 76,000-seat stadium was drawing no more electricity than it does during a typical New Orleans Saints game, Thornton said.


The lights-out game Sunday proved an embarrassment for the Big Easy just when it was hoping to show the rest of the world how far it has come since Hurricane Katrina in 2005. But many fans and residents were forgiving, and officials expressed confidence that the episode wouldn't hurt the city's hopes of hosting the championship again.


To New Orleans' great relief, NFL Commissioner Roger Goodell said the city did a "terrific" job hosting its first pro football championship in the post-Katrina era, and added: "I fully expect that we will be back here for Super Bowls."


Fans watching from their living rooms weren't deterred, either. An estimated 108.4 million people saw the Baltimore Ravens beat the San Francisco 49ers 34-31, making it the third most-viewed program in television history. Both the 2010 and 2011 games hit the 111 million mark.


The problem that caused the outage was believed to have happened around the spot where a line that feeds current from the local power company, Entergy New Orleans, connects with the Superdome's electrical system, officials said. But whether the fault lay with the utility or with the Superdome was not clear.


Determining the cause will probably take days, according to Dennis Dawsey, a vice president for distribution and transmission for Entergy. He said the makers of some of the switching gear have been brought in to help figure out what happened.


An attorney for the state board that oversees the Superdome said the blackout did not appear to be related to the replacement in December of electrical equipment connecting the stadium to Entergy. Officials with the utility and the Superdome noted that an NFL game, the Sugar Bowl and another bowl game were played there in recent weeks with no apparent problems.


The blackout came after a nearly flawless week of activity for football fans in New Orleans leading up to the big game.


"I hope that's not what they'll remember about this Super Bowl," French Quarter artist Gloria Wallis said. "I hope that what they'll remember is they had a great time here and that they were welcomed here."


Ravens fan Antonio Prezioso, a Baltimore native who went to the game with his 11-year-old son, said the outage just extended the experience.


"The more time we could spend at the game was a good thing, as long as it ended the way it did," he said, laughing.


The city last hosted the Super Bowl in 2002, and officials were hoping this would serve as the ultimate showcase for the city's recovery. The storm tore holes in the roof of the Superdome and caused water damage to its electrical systems, and more than $330 million was spent repairing and upgrading the stadium.


Sunday's Super Bowl was New Orleans' 10th as host, and officials plan to make a bid for an 11th in 2018.


Mayor Mitch Landrieu told WWL-AM on Monday that the outage won't hurt the city's chances, and he joked that the game got better after the blackout: "People were leaving and the game was getting boring, so we had to do a little something to spice it up."


Jarvis DeBerry, a columnist for nola.com and The Times-Picayune, wrote that the power outage gave the media "an opportunity to laugh at the apparent ineptitude or suggest that the ghosts of Hurricane Katrina were haunting the Superdome."


"That's not the kind of attention the city was looking for, obviously," he wrote, "but it's certainly too soon to say if people will remember the power shortage over San Francisco's furious comeback attempt against Baltimore or if this will harm the city's future opportunities to host the Super Bowl."


Bjorn Hanson, dean of New York University's Center for Hospitality and Sports Management, said the episode shouldn't hurt the city's reputation as a big convention destination. "I think people view it for what it was: an unusual event with a near-record power draw," he said. "It was the equivalent of a circuit breaker flipping."


The American Association of Neurological Surgeons will meet in New Orleans from April 27 to May 1. Patty Anderson, director of meetings for the group, said of the blackout: "I never even gave it a second thought. To me, the city is bigger, stronger and more vibrant than it's ever been."


___


Associated Press writers Beth Harpaz, Brett Martel, Stacey Plaisance and Barry Wilner contributed to this report.


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NFL says no indication Beyonce show caused Super Bowl outage






NEW ORLEANS (Reuters) – The National Football League was still working with New Orleans officials on Monday to determine what caused the power outage at Sunday’s Super Bowl at the Superdome, so far dismissing any connection with the Beyonce halftime show.


With a record U.S. television audience watching along with viewers in 180 countries, about half the stadium lights went dark early in the second half of the game, in which the Baltimore Ravens defeated the San Francisco 49ers, 34-31.






NFL commissioner Roger Goodell told reporters on Monday an investigation was under way to determine the cause of the 35-minute disruption but one possible explanation had already been eliminated.


“There’s no indication at all that this was caused by the halftime show,” Goodell said. “I know that’s out there, that Beyonce’s halftime show had something to do with it. That is not the case from anything we have at this point.”


Entergy Corp, the utility providing power to the Superdome, said its distribution and transmission feeders were serving the Superdome at all times.


Early indications were that the outage resulted from an abnormality in the Superdome’s power system but it was too early to speculate on what went wrong, said Doug Thornton, senior vice president of the Superdome’s management company, SMG.


A piece of equipment designed to monitor electrical load sensed an abnormality in the system where the Superdome equipment intersects with Entergy’s feed into the building, triggering an automatic cut in power, SMG and Entergy said in a joint statement.


There was never any concern the power could not be restored, but it took time because of the size of the stadium and the complexities of the power system, Thornton said.


“We had people in place that could quickly work to restore power. We had experts on site, as we normally do when we have big events like this, our electrician, our electrical consultants were there and we were able to quickly work on that,” Thornton said.


“There were no injuries, people remained calm, we had a pre-programmed announcement that was actually played. These are things that we actually drilled for.”


None of the players or coaches said the stoppage had any impact on the game, and Goodell said the power problem would not adversely affect future bids by New Orleans to stage the Super Bowl, the United States’ most-watched sports event.


“I fully expect that we will be back here for Super Bowls,” Goodell said. “I hope we will be back. We want to be back … I don’t think this will have any impact at all on what I think will be remembered for one of the greatest Super Bowl weeks.”


(Editing by Daniel Trotta and Dale Hudson)


Music News Headlines – Yahoo! News





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Bullying study: It does get better for gay teens


CHICAGO (AP) — It really does get better for gay and bisexual teens when it comes to being bullied, although young gay men have it worse than their lesbian peers, according to the first long-term scientific evidence on how the problem changes over time.


The seven-year study involved more than 4,000 teens in England who were questioned yearly through 2010, until they were 19 and 20 years old. At the start, just over half of the 187 gay, lesbian and bisexual teens said they had been bullied; by 2010 that dropped to 9 percent of gay and bisexual boys and 6 percent of lesbian and bisexual girls.


The researchers said the same results likely would be found in the United States.


In both countries, a "sea change" in cultural acceptance of gays and growing intolerance for bullying occurred during the study years, which partly explains the results, said study co-author Ian Rivers, a psychologist and professor of human development at Brunel University in London.


That includes a government mandate in England that schools work to prevent bullying, and changes in the United States permitting same-sex marriage in several states.


In 2010, syndicated columnist Dan Savage launched the "It Gets Better" video project to encourage bullied gay teens. It was prompted by widely publicized suicides of young gays, and includes videos from politicians and celebrities.


"Bullying tends to decline with age regardless of sexual orientation and gender," and the study confirms that, said co-author Joseph Robinson, a researcher and assistant professor of educational psychology at the University of Illinois in Urbana-Champaign. "In absolute terms, this would suggest that yes, it gets better."


The study appears online Monday in the journal Pediatrics.


Eliza Byard, executive director of the Gay, Lesbian & Straight Education Network, said the results mirror surveys by her anti-bullying advocacy group that show bullying is more common in U.S. middle schools than in high schools.


But the researchers said their results show the situation is more nuanced for young gay men.


In the first years of the study, gay boys and girls were almost twice as likely to be bullied as their straight peers. By the last year, bullying dropped overall and was at about the same level for lesbians and straight girls. But the difference between men got worse by ages 19 and 20, with gay young men almost four times more likely than their straight peers to be bullied.


The mixed results for young gay men may reflect the fact that masculine tendencies in girls and women are more culturally acceptable than femininity in boys and men, Robinson said.


Savage, who was not involved in the study, agreed.


"A lot of the disgust that people feel when you bring up homosexuality ... centers around gay male sexuality," Savage said. "There's more of a comfort level" around gay women, he said.


Kendall Johnson, 21, a junior theater major at the University of Illinois, said he was bullied for being gay in high school, mostly when he brought boyfriends to school dances or football games.


"One year at prom, I had a guy tell us that we were disgusting and he didn't want to see us dancing anymore," Johnson said. A football player and the president of the drama club intervened on his behalf, he recalled.


Johnson hasn't been bullied in college, but he said that's partly because he hangs out with the theater crowd and avoids the fraternity scene. Still, he agreed, that it generally gets better for gays as they mature.


"As you grow older, you become more accepting of yourself," Johnson said.


___


Online:


Pediatrics: http://www.pediatrics.org


It Gets Better: http://www.itgetsbetter.org


___


AP Medical Writer Lindsey Tanner can be reached at http://www.twitter.com/LindseyTanner


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Sheriff's Dept: Brown-Ocean inquiry will be closed


LOS ANGELES (AP) — A sheriff's spokesman says an investigation into a fight between Chris Brown and Frank Ocean will soon be closed without any charges being sought.


Los Angeles sheriff's spokesman Steve Whitmore says investigators will speak with Ocean before closing the case, but the agency is unlikely to pursue a misdemeanor battery charge against Brown.


Ocean has accused Brown of hitting him during an argument outside a West Hollywood recording studio last month, but wrote on the social media site Tumblr on Saturday that he wanted the matter closed. Ocean's post stated he did not want Brown prosecuted and he had no intentions of filing a civil lawsuit.


Brown remains on probation for the 2009 beating of Rihanna and is scheduled to appear in court for a progress hearing on Wednesday.


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S&P says US to sue over ratings









Standard & Poor's on Monday said it expects to be the target of a U.S. Department of Justice civil lawsuit over its ratings of mortgage bonds prior to the recent financial crisis.

The lawsuit against the McGraw-Hill Cos unit focuses on its ratings in 2007 of various U.S. collateralized debt obligations (CDO), S&P said.

It would be the first federal enforcement action against a credit rating agency over alleged illegal behavior tied to the financial crisis.

"A DOJ lawsuit would be entirely without factual or legal merit," S&P said in a statement. "The DOJ would be wrong in contending that S&P ratings were motivated by commercial considerations and not issued in good faith."

The Justice Department was not immediately available for comment.

Several state attorneys general are expected to join the case, The Wall Street Journal said, citing people familiar with the matter. The expected charges follow the breakdown of talks between the department and S&P, the newspaper said, citing the people.

In afternoon trading, McGraw-Hill shares were down $2.39, or 4.1 percent, at $55.95.

S&P and its main rivals, Moody's Corp's Moody's Investors Service and Fimalac SA's Fitch Ratings, have long faced criticism from investors, politicians and regulators for assigning high ratings to thousands of subprime and other mortgage securities that quickly turned sour.

The rating agencies are paid by issuers for ratings, a standard industry practice that has nonetheless raised concern about potential conflicts of interest.

In January 2011, the Financial Crisis Inquiry Commission called the agencies "essential cogs in the wheel of financial destruction" and "key enablers of the financial meltdown."

McGraw-Hill had acknowledged last July that the Justice Department and SEC were probing potential violations by S&P tied to its ratings of structured products, and that it was in talks to try to avert a lawsuit.

The New York-based company had previously disclosed an SEC probe into its ratings of a $1.6 billion CDO known as Delphinus CDO 2007-1. It was not immediately clear whether that CDO is a focus of the potential lawsuits.

Last July, Mizuho Financial Group Inc agreed to a $127.5 million settlement to resolve SEC allegations that a U.S. unit obtained false credit ratings for Delphinus.

In a variety of lawsuits brought by investors, S&P has maintained that its ratings constitute opinions protected by the 1st Amendment to the U.S. Constitution.

Last August, a Manhattan federal judge refused to dismiss one such case, brought by Abu Dhabi Commercial Bank, King County in Washington state, and other investors against S&P, Moody's and Morgan Stanley over losses in Cheyne, a structured investment vehicle.

Cheyne went bankrupt in August 2007. A trial is scheduled to begin on May 6, court records show.

In its statement, S&P said it "deeply regrets" how its CDO ratings failed to anticipate the fast-deteriorating mortgage market conditions, and that it has since spent $400 million to help bolster the quality of its ratings.

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1 killed, 4 injured in crash on Tri-State Tollway









A 39-year-old Carpentersville man was pronounced dead this morning after he was involved in a three vehicle crash on the Tri-State Tollway this morning, Illinois State Police said.


The accident happened at 6:47 a.m. on the Tri-StateTollway (I-294) at mile marker 24 3/4 near Lake-Cook Road in Lake County, Illinois State police officials said.


The vehicles included a Chrysler Sebring, a tow truck and a taxi, said State Police Sgt. Tim Moore.





The accident began as the tow truck and the Chrysler Sebring were traveling east on the tollway in Deerfield, Moore said.


As the two vehicles were driving, the Sebring struck the rear of the two truck which then caused the two vehicles to pull over to the shoulder of the roadway, said Moore.


After the tow truck driver got out of his truck and was standing on the shoulder speaking to the driver of the Sebring, a taxi struck the tow truck driver. The vehicle then struck the back of the Chrysler, Moore said. In additition to the taxi driver the vehicle was carrying a passenger, Moore said.


The driver of the Chrysler, who was inside his vehicle, was pronounced dead, Moore said. The tow truck driver, who had been struck by the taxi, did not sustain life-threatening injuries, Moore said.


There were a total of three transports made to Advocate Luthern General Hospital in Park Ridge all with non-lifethreatening injuries. Police initially said there had been four people taken to hospitals for treatment.


Chicagobreaking@tribune.com


Twitter: @ChicagoBreaking






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Hackers target Twitter, could affect 250,000 user accounts


SAN FRANCISCO (Reuters) - Anonymous hackers attacked Twitter this week and may have gained access to passwords and other information for as many as 250,000 user accounts, the microblog revealed late on Friday.


Twitter said in a blog post that the passwords were encrypted and that it had already reset them as a "precautionary measure," and that it was in the process of notifying affected users.


The blog post noted recent revelations of large-scale cyber attacks against the New York Times and the Wall Street Journal, but unlike the two news organizations, Twitter did not provide any detail on the origin or methodology of the attacks.


"This attack was not the work of amateurs, and we do not believe it was an isolated incident," Twitter said. "The attackers were extremely sophisticated, and we believe other companies and organizations have also been recently similarly attacked."


Privately held Twitter, which has 200 million active monthly users, said it was working with government and federal law enforcement officials to track down the attackers.


The company did not specifically link the attacks to China in the blog post, in contrast to the New York Times and the Wall Street Journal, which both said the hackers originated in China.


Twitter, the social network known for its 140-character messages, could not speculate on the origin of the attacks as its investigation was ongoing, said spokesman Jim Prosser.


"There is no evidence right now that would indicate that passwords were compromised," said Prosser.


The attack is not the first time that hackers have breached Twitter's systems and gained access to Twitter user information. Twitter signed a consent decree with the Federal Trade Commission in 2010, subjecting the company to 10 years of independent privacy reviews, for failing to safeguard users' personal information.


(Reporting by Alexei Oreskovic; Editing by Gary Hill and Lisa Shumaker)



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What comes now for NFL after tumultuous season?


NEW ORLEANS (AP) — The Super Bowl closes a tumultuous year for the NFL.


Suicides by former NFL players. Thousands of others filing concussion lawsuits. New studies linking football to brain disease. Still no testing for human growth hormone. The specter of other purported performance-enhancing products — deer-antler spray, anyone? — being peddled to players.


A pay-for-pain bounty scandal. A lockout of officials resolved only after a ludicrous game-ending call. Zero minority hires for 15 coach or general manager openings.


And yet the league is as popular as ever.


Advertisers paid nearly $4 million per 30-second television commercial for the right to reach the 100 million or so Americans expected to tune in to Sunday's Super Bowl between the AFC champion Baltimore Ravens and NFC champion San Francisco 49ers. Eleven of the 12 most-watched TV programs during the last 2½ years were NFL postseason games, according to the league.


Uncertain, though, is what the future holds for an NFL still coming to grips with the dangers of a brutal sport that makes it tremendously wealthy.


"The game has changed and keeps changing. ... It is such a violent game, and such a collision game, that careers are going to be kind of like not long at all. Because you take those licks — you've only got so many in your body, and at some point that's going to wear it out," said Ravens running backs coach Wilbert Montgomery, who played that position for the Philadelphia Eagles and Detroit Lions from 1977-85.


Montgomery said he got six concussions in one season alone, and others along the way, including one that knocked him out cold a few days before playing for the Eagles in the NFC title game at the end of the 1980 season.


"I know one thing: Back then, it didn't make any difference. They gave you smelling salts and then, after that, you went back in," Montgomery said. "I have headaches all the time. That's why I say my wife is always messing with me when I have outbursts, saying, 'You've been hit too many times upside the head.'"


Montgomery laughed for a moment. Then he rubbed his forehead and continued talking, mentioning former teammate and friend Andre Waters and opponent Dave Duerson. Both committed suicide; researchers studied their brain tissue and found signs of chronic traumatic encephalopathy, or CTE, a degenerative disease also found in boxers and often linked with repeated blows to the head. Former star linebacker Junior Seau, who shot himself in May, also was found to have CTE. Baltimore's starting center on Sunday, Matt Birk, has pledged to donate his brain for study when he dies.


"It's a serious thing," Montgomery said. "It's scary."


When the President of the United States refers to fans perhaps having a guilty conscience when watching a game and parents thinking twice before allowing a child to play — as Barack Obama did in a recent interview with The New Republic — it sends a strong signal about what confronts the NFL today.


"If I was worried about my health," 49ers quarterback Colin Kaepernick said, "I wouldn't be playing football."


So the league must figure out how to deal with "walking a fine line," as 49ers CEO Jed York described it: The two-sided task of making the game safer, which Commissioner Roger Goodell acknowledges is imperative, while not making it "too safe," thereby diminishing the popularity of an enterprise that is violent by its very nature.


"There's no question that that is a bit of a conundrum. But to me, we've got to place more weight on player safety," New York Giants co-owner John Mara said. "The rules changes that we've implemented over the past five or six years have not made the game any less exciting. If anything, the game is as exciting as ever, and I strongly believe that we can make additional improvements in the rules and we're not going to lose anything in terms of excitement on the field."


Ravens owner Steve Bisciotti is convinced the NFL will strike the proper balance.


"What did they do for boxing when they made them go from 6-ounce, to 8-ounce to 12-ounce gloves or whatever? Did it change boxing? Not really," Bisciotti said. "I believe that with every change, there will be a correction. ... And I believe that we as a league and the (players' union) will agree on things that don't take football out of football."


In a series of moves that began shortly after Goodell was grilled at a congressional hearing, the league has changed concussion return-to-play guidelines, adjusted rules for kickoffs — and floated the idea of eliminating them altogether — stepped up punishment of illegal hits, and stopped arguing against the players' wish for independent neurology specialists on the sidelines during games.


Even if there are some players who in one breath worry about whether their health is imperiled, and in the next say, "We're basically going to be playing two-hand touch in a while" — Baltimore nose tackle Terrence Cody's words this week — the head of their union points out that prudence and popularity do not have to be mutually exclusive.


"The reality of it is, 'football as we know it' has evolved over decades. ... Our job is to have an unqualified commitment to the health and safety of the people who play the game, and then to make those changes where we see necessary," NFL Players Association executive director DeMaurice Smith said.


"I don't think there is this thing of 'football as we know it.' What we have is football that has constantly developed," Smith said. "And even with all of the (recent) rule changes ... my guess is this Super Bowl will be the highest-rated of all time."


Indeed, while the concussion lawsuits mount — a U.S. District Court judge in Philadelphia will hear oral arguments in April on the NFL's effort to dismiss a group of cases — and questions arise about what insurers will charge the league moving forward, the money does keep rolling in. Revenues already topped $9 billion at the time of the last labor deal in 2011, and new TV contracts will only help increase it.


"At $10-to-$12 billion? It ain't going nowhere," said Warren Sapp, a retired defensive tackle elected Saturday to the Pro Football Hall of Fame and who now works for the NFL Network, another piece of the league's marketing machine. "We play a beautiful game. We hit each other. (Players) have to take care of each other better. Then it will be fine."


Meantime, the NFL continues to look for new ways to increase its cash flow.


During his state of the league address two days before the Super Bowl, Goodell did not rule out increasing the regular season from 16 to 18 games, and he reiterated the possibility of expanding the postseason, too. He announced that two 2013 games in London already are sold out, and there could be three in future seasons — down a path that, eventually, could lead to a franchise based in Britain.


"For you to be adding games to the season, are you looking out for player safety? Or are you trying to generate more player revenue?" 49ers receiver Randy Moss said. "If you're trying to look and protect the players, and keep it healthier and better every year, I don't think it's a good idea."


Several players in this year's Super Bowl were incredulous that the league would even consider more games. A handful voiced concern over a disconnect between players and owners.


The president of the NFLPA, former Ravens cornerback Domonique Foxworth, said he wonders how truthful Goodell and other NFL officials are being when they say — as they often do — that players' well-being is a priority.


"The league, their No. 1 focus — at least they say their No. 1 focus — is health and safety. And we say our No. 1 focus is health and safety. How come we have such a hard time moving the ball on some health and safety issues?" Foxworth said. "I believe health and safety is on their list of top five things, but it comes in well behind increasing the bottom line."


___


Follow Howard Fendrich on Twitter at http://twitter.com/HowardFendrich


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Zombie love story “Warm Bodies” heats up Super Bowl weekend






LOS ANGELES (Reuters) – “Warm Bodies,” a romantic comedy featuring a warm-hearted zombie, lured teenage girls to the theater, collecting $ 20 million in ticket sales in the U.S. and Canada to take the box office title on a weekend dominated by Super Bowl parties and football watching.


Playing in more than 3,000 theaters, the odd-pairing of a pale-faced zombie with his breathing girlfriend faced little competition among new films and easily mauled last weekend’s winner “Hansel and Gretel,” an updated version of the classic fairy tale with witch-hunting siblings. The film collected $ 9.2 million this weekend, according to studio estimates.






The weekend’s other widely released newcomer, Warner Brothers’ “Bullet to the Head,” starring 66-year old Sylvester Stallone as a tattooed hitman, collected $ 4.5 million for sixth place.


Two weeks earlier, another aging action star, Arnold Schwarzenegger had a feeble opening in his own shoot-em-up, “The Last Stand.”


Based on a first time novel by Seattle writer Isaac Marion, “Warm Bodies” was produced for a little more than $ 30 million by Lionsgate’s Summit Entertainment, the studio that also produced the mega-blockbuster “Twilight” series.


The film stars 24-year-old British actor Marcus Brewer as the pale, stiff-walking zombie R, one of the few zombies capable of thought in a plaque ravaged world.


“We were above expectations going into the holiday weekend,” says David Spitz, Lionsgate’s executive vice president and general sales manager.


Spitz predicted that the film, which he referred to as a “rom-zom-com” would benefit from the upcoming long weekend in the U.S. that coincides with Valentine’s Day and Presidents’ Day.


Benefiting from the buzz following Oscar nominations for each of its four stars, “Silver Linings Playbook” was third with $ 8.1 million as it continued to open in more theaters and is now showing at more than 2,600 locations, according to the movie site Hollywood.com


Universal’s Pictures’ low-budget horror film “Mama”, starring Jessica Chastain, continued its improbable ticket-selling run, with $ 6.7 million to rank fourth. It grossed more than $ 58 million in the two weeks since its release.


Also benefiting from its Oscar buzz, the Osama Bin Laden hunt movie “Zero Dark Thirty,” had ticket sales of $ 5.3 million and has now surpassed $ 77 million domestically, according to the box office division of Hollywood.com. The film was nominated for five Academy Awards, including Best Picture and Best Actress for Jessica Chastain‘s starring role.


“Django Unchained,” director Quentin Tarantino‘s western starring Jamie Foxx has a bounty-hunting former slave, passed $ 150 million in overall ticket sales and collected $ 3 million during the weekend. It was also nominated for five Oscars, including Best Picture and for Christoph Waltz‘s supporting role.


Warm Bodies” surpassed industry projections of $ 18 million, and benefited from an aggressive marketing campaign that started last summer and included trailers attached to “The Twilight Saga: Breaking Dawn” and 60-second commercials on AMC channel’s cult zombie hit “The Walking Dead.”


(Reporting by Ronald Grover and Andrea Burzynski; Editing by Sandra Maler)


Movies News Headlines – Yahoo! News





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