Pat Robertson's International Family Entertainment upped its bid and has started a tender offer for the money-losing Nostalgia Network.
Cox Cable Communications will deliver the Prodigy computer service over cable lines to Cox's San Diego subscribers, the companies said Tuesday.
Paul Allen, one of the nation's wealthiest men, has purchased the controlling interest in Ticketmaster from one of the nation's wealthiest families to expand his interactive multimedia portfolio.
Domestic Film DAILY
PROVIDED BY: Box Office
Guardians of the Galaxy
Guardians of the Galaxy1Daily:$2.6M Cumulative:$231.7M Disney -25.30%
Teenage Mutant Ninja Turtles
Teenage Mutant Ninja Turtles2Daily:$2.4M Cumulative:$126.5M Paramount Pictures -31.50%
Let's Be Cops
Let's Be Cops3Daily:$1.8M Cumulative:$32.6M Fox -29.54%
The nation's second-largest long-distance company and the seventh-largest cable operator plan to test a system that allows customers to place long-distance calls over their cable wiring.
Carmike Cinemas Inc. leapfrogged AMC Entertainment Inc. to become the second largest exhibitor in the country in the number of screens it operates.
As the interactive superhighway gets paved, TV programming margins may get squeezed, but opportunities will abound, panelists said at a seminar Wednesday.
As major studios increasingly rely on blockbusters to fill their coffers, big-ticket producers such as Joel Silver and Arnold Kopelson said no studio would bite if they pitched a low-budget picture.
Live Entertainment Inc. found that a mouse, a cat and a silent-screen star were no match for Arnold and Sharon.
Nostalgia Network's board, which has been split over whom to sell the money-losing cable channel to, at least agreed Tuesday to sell it.
With no releases in the third quarter, Carolco's revenues slid, but the indie also managed to curb its losses. For its results, the feature film division relied on the foreign B.O. of "Basic…