Hollywood Docket Top 5: Hollywood Stock Exchange rules; 'Jersey Shore' injunction whacked; Ving Rhames' paycheck

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Hollywood Docket Top 5: Hollywood Stock Exchange rules; 'Jersey Shore' injunction whacked; Ving Rhames' paycheck

Tue Feb 23, 2010 @ 10:47AM PST

Entertainment law news you need to care about this morning:

  • The Hollywood Stock Exchange is tentatively set to launch as a real-money commodity exchange in April. There will be rules and guidelines for HSX to prevent "insider trading," particularly for industry professionals such as distribution execs with access to early boxoffice data. Film financiers will be allowed to invest, however. The securities law implications bear watching. [THR
  • So much for the victim of a "Jersey Shore" assault preventing the DVD release of the hit MTV show. A New Jersey Superior Court rejected a requested injunction citing a failure to find any discernible harm if the series is distributed. [Asbury Park Press
  • Actor Ving Rhames is suing a producer who stopped payment on a $25,000 check after he refused to work a seventh day on a planned six-day shoot for the forthcoming martial arts film "The Red Canvas." [CNS]   
  • Chinese search giant Baidu was fined by a Chinese court for displaying copyrighted lyrics alongside MP3 deeplinks. [Digital Music News
  • Can NBC sue websites that detail how to watch an online stream of the Olympics in violation of the network's broadcast rights? Discuss. [Mediaite]
  
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