Clear Channel Communications Inc. has signed a definitive agreement to buy the radio broadcasting and outdoor advertising assets of Paxson Communications Corp. for $600 million.
Dow Jones News Service
Mexican direct-to-home television broadcaster Sky Mexico will broadcast two of ESPN Intl.'s sports channels under a new agreement, the two companies announced Wednesday.
A federal appeals court Thursday upheld an injunction that prevents New York City officials from pushing the Fox News Channel onto the city's cable system, handing Time Warner Inc. another victory in…
A federal judge declined to step in to keep dissident bondholders from taking control of Marvel Entertainment Inc. and the bondholders named new boards at both the comic-book publisher and its Toy…
Falcon Holding Group L.P. said in a regulatory filing that the recent Federal Communications Commission decision to roll back cable rates an additional 7% will force the cabler to negotiate…
Iwerks Entertainment Inc. said it signed a definitive agreement to acquire Omni Films Intl. Inc. for about $ 34 million in cash and shares.
The Paramount board of directors is expected to meet today and there is speculation it could approve Viacom's revised bid.
Rank Organisation Plc. will stay out of the interactive multimedia revolution, preferring to stand by its long-held principle that "home" and "entertainment" don't necessarily go together.
Bell Atlantic Corp.'s Bell Atlantic Video Services Co. unit and Oracle Corp. said they plan to jointly develop and market interactive multimedia software and services.
The French market watchdog agency has received a letter from Euro Disney SCA minority shareholders asking it to look into the French theme park company's recent decision to change accounting methods.