Paramount Communications' board of directors on Monday unanimously recommended that shareholders reject the revised offer from QVC Network Inc. and not tender any of their shares to the company.
Hemdale Communications Inc. has entered into an agreement in principle with international TV distribbery Newberger Entertainment Group for a newly created HCI subsidiary to snap up most Newberger…
To showbiz operatives who create product as different as "Jurassic Park" and "Remains of the Day," the Bell companies seem about as distinctive as oatmeal. They all do the same thing: make the phones…
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…
Barry Diller's QVC Network once again has the higher offer on the table for Paramount Communications. The home shopping company wasted no time in putting telco BellSouth's $ 1.5 billion cash infusion…
The media company owned by multibillionaire Ronald Perelman paid $ 25 million for a minority stake in infomercial maker Guthy-Renker Corp.
After weeks of frenzied speculation, it's official: BellSouth will replace Liberty Media as QVC's partner in its ongoing quest for Paramount Communications.
Pacific Telesis Co., one of the slowest Baby Bells to get on the interactive superhighway, sped up the on-ramp Thursday.
Home Shopping Network Inc. and Black Entertainment Television have agreed to consider developing shop-at-home programming for BET.
The Nostalgia Network, the financially troubled cable channel being fought over by Pat Robertson and Rev. Sun Myung Moon, said Monday that it has received additional offers, including one that would…
Viacom supremo Sumner Redstone's weekend preemptive strike, raising his bid for Paramount from $ 80 to $ 85 a share, has pushed QVC topper Barry Diller into a corner.