You will be redirected back to your article in seconds

Financial Briefs

CST Entertainment Imaging Inc. said General Electric Pension Trust, a unit of General Electric Co., has sold 1,500,000 CST common shares, through its agent Whale Securities Co., New York, to institutional investors.

* * *

Hachette Magazines Inc. and NBC-TV said they will form a joint venture to publish a national magazine for teens.

In what Hachette, the U.S. magazine unit of Paris-based Hachette SA, billed as an unusual joint venture between “an entertainment media company” and a magazine publisher, the as-yet-unnamed magazine is scheduled to appear in September. The quarterly publication will initially have a newsstand-only circulation of 500,000 and a cover price of $ 1.95.

* * *

Ventura Entertainment Group Ltd. completed its acquisition of Entertainment Marketing Corp. of America, formerly known as Artists & Entertainment Inc., in exchange for its Series A preferred shares. The firm said it acquired the television time contemplated in the letter of intent of the transaction in exchange for shares of its Series B preferred shares and a cash payment.

* * *

Live Entertainment of Canada Inc. is in the process of filing with securities regulators in Canada a preliminary prospectus relating to a proposed initial public offering.

* * *

Broadcast Intl. Inc. said it entered into a multiyear service agreement with Vons Cos. to provide satellite-delivered music, in-store advertising, and video conferencing to the grocery chain. Vons has about 350 stores. Broadcast Intl. said the contract would increase to nearly 5,100 the number of locations served by its Instore Satellite Network segment.

More Biz

  • Doug Morris

    Doug Morris to Exit Sony Music at the End of March

    CST Entertainment Imaging Inc. said General Electric Pension Trust, a unit of General Electric Co., has sold 1,500,000 CST common shares, through its agent Whale Securities Co., New York, to institutional investors. * * * Hachette Magazines Inc. and NBC-TV said they will form a joint venture to publish a national magazine for teens. In […]

  • Oprah Responds to Trump Tweet Claiming

    Oprah Responds to Trump's Tweet Claiming Bias in '60 Minutes' Segment

    CST Entertainment Imaging Inc. said General Electric Pension Trust, a unit of General Electric Co., has sold 1,500,000 CST common shares, through its agent Whale Securities Co., New York, to institutional investors. * * * Hachette Magazines Inc. and NBC-TV said they will form a joint venture to publish a national magazine for teens. In […]

  • Music Theatre International

    Drew Cohen Named Global CEO of Music Theatre International

    CST Entertainment Imaging Inc. said General Electric Pension Trust, a unit of General Electric Co., has sold 1,500,000 CST common shares, through its agent Whale Securities Co., New York, to institutional investors. * * * Hachette Magazines Inc. and NBC-TV said they will form a joint venture to publish a national magazine for teens. In […]

  • 'Daily Show's' Michelle Wolf to Host

    'Daily Show' Contributor Michelle Wolf to Host White House Correspondents' Dinner

    CST Entertainment Imaging Inc. said General Electric Pension Trust, a unit of General Electric Co., has sold 1,500,000 CST common shares, through its agent Whale Securities Co., New York, to institutional investors. * * * Hachette Magazines Inc. and NBC-TV said they will form a joint venture to publish a national magazine for teens. In […]

  • Harvey Weinstein ousted

    Weinstein Co. Sued by Lindt Chocolatier Over Canceled Golden Globes Party

    CST Entertainment Imaging Inc. said General Electric Pension Trust, a unit of General Electric Co., has sold 1,500,000 CST common shares, through its agent Whale Securities Co., New York, to institutional investors. * * * Hachette Magazines Inc. and NBC-TV said they will form a joint venture to publish a national magazine for teens. In […]

  • Pandora Shares Surge as Fourth-Quarter Subscription

    Pandora Shares Surge as Fourth-Quarter Subscription Revenue Climbs 63%

    CST Entertainment Imaging Inc. said General Electric Pension Trust, a unit of General Electric Co., has sold 1,500,000 CST common shares, through its agent Whale Securities Co., New York, to institutional investors. * * * Hachette Magazines Inc. and NBC-TV said they will form a joint venture to publish a national magazine for teens. In […]

  • Eric Schneiderman

    Weinstein Co. Deal Moving Ahead After Three-Hour Meeting With Attorney General

    CST Entertainment Imaging Inc. said General Electric Pension Trust, a unit of General Electric Co., has sold 1,500,000 CST common shares, through its agent Whale Securities Co., New York, to institutional investors. * * * Hachette Magazines Inc. and NBC-TV said they will form a joint venture to publish a national magazine for teens. In […]

More From Our Brands

Access exclusive content