Entertainment Distribution

Olympic lugers surfing on Lake PlacidLAKE PLACID, N.Y. — Brian Martin surfed up the pale green wave into the froth on top, then sliced down and up in a series of short turns, his muscular torso twisting each time.

Disney 3Q profit falls 26 pct, cites tough economyLOS ANGELES — The Walt Disney Co. said Thursday its fiscal third-quarter profit fell 26 percent as slower DVD sales pushed its movie studio into the red while the weakening market for TV ads stabilized.

Student testifies in Mass. music downloading caseBOSTON — A Boston University graduate student accused of illegally swapping music online has admitted downloading and sharing hundreds of songs.

Time Warner posts smaller 2Q net, affirms outlookNEW YORK — Media conglomerate Time Warner Inc. said Wednesday its second-quarter profit shrank 34 percent as the ad slump and slow DVD sales hurt revenue in the company's publishing, movie and online properties.

DreamWorks beats 2Q expectations; costs seen downLOS ANGELES — DreamWorks Animation SKG Inc. reported Tuesday second-quarter earnings that blew past Wall Street forecasts and said cheaper advertising and its bigger film lineup will mean cost savings ahead.