Entertainment Lot

Lionsgate adopts poison pill defense, again.

TORONTO — Carl Icahn’s $7.00 per-share tender offer for outstanding Lionsgate shares may be done, but not his enthusiasm for open market purchases of stock in the mini-studio.

So Vancouver-based Lionsgate has adopted yet another poison pill defense to fight off a hostile takeover bid, and one firmly aimed at Icahn, the company’s largest shareholder with a 37.9% stake.

The latest shareholder rights plan aims to block “any initiative to acquire effective control of the company,” Lionsgate said in a statement, including Icahn buying out major stakeholders like himself, or making additional open-market purchases of stock.

Icahn in a July 1 SEC filing revealed he acquired 6.22 million Lionsgate shares between Tuesday and Thursday at $7.00 each to get to 44.7 million shares, or a 37.9% stake. (Read More)

“The Twilight Saga: Eclipse” continued its boxoffice dominance on Friday as it drained moviegoers’ wallets of an estimated $28.6 million.

Summit’s supernatural romance, playing in 4,468 theaters in North America, ticked up slightly on its third day of release from the $24.2 million it collected on Thursday as its domestic cume rose to $121.3 million.

Current estimates suggests the movie could power its way to a four-day holiday weekend gross of about $106 million, which would add up to an opening six-day tally at more than $198 million, putting it ahead of “New Moon’s” first six-day number of $178.9 million. (Read More)

Facebook has started a limited test of a new photo-tagging feature that blends an element from point-and-shoot digital cameras into the social networking world.Facebook Adds Face Recognition to Photos | News & Opinion | PCMag.com.

The many looks of Lady Gaga – Boston.com.

Lady Gaga is perhaps known just as much for her catchy billboard hits as she is for her over-the-top, bizarre fashion statements.

Born Stefani Germanotta, this performer has a larger than life style both on and off stage. Check out some of her wardrobe choices over the past few years.

Here, Lady Gaga poses backstage during MTV’s Total Request Live at the MTV Times Square Studios in August 2008.

The Action Movie of all time is coming

‘Eclipse’ brings in $24.2 mil Thursday.

Mega Franchise can’t be beat this summer .

Alone among assassins, Jack is a master craftsman. When a job in Sweden ends more harshly than expected for this American abroad, he vows to his contact Larry that his next assignment will be his last. Jack reports to the Italian countryside, where he holes up in a small town and relishes being away from death for a spell. The assignment, as specified by a Belgian woman, Mathilde, is in the offing as a weapon is constructed. Surprising himself, Jack seeks out the friendship of local priest Father Benedetto and pursues romance with local woman Clara. But by stepping out of the shadows, Jack may be tempting fate.

Tiger’s Divorce — Cheaper Than You Heard.

We’re told Elin will not get near the reported $750 million in the settlement.  As one source put it, “Tiger isn’t even worth that much.”  From TMZ