Westinghouse Credit Corp. has taken control of Radio & Records owner Westwood One Stations Group Inc. as payment for a $ 20 million loan.
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.
Wall Street is getting antsy waiting for Barry Diller to sweeten QVC's offer for Paramount Communications. Arbitragers beat down the shares of QVC and pumped up the shares of Paramount in Thursday's…
Peter Sealey, the man who introduced CAA topper Michael Ovitz to Coca-Cola Co., has been tapped to manage the day-to-day operations of the fledgling Interactive Network Inc.
Comcast's third-quarter revenue and cash flow both climbed more than 50%, leading to a 32% cut in losses. Results at the nation's fourth-largest MSO were slowed a bit by new rate regulation.
The Chicago Baby Bell, Ameritech Corp., asked federal courts in Illinois and Michigan for permission to supply cable service in the five-state area where it provides local phone service.
Gaylord Entertainment Co.'s third-quarter revenues climbed 7.4%, largely on the strength of the country entertainment purveyor's cable networks, even as net income fell 33.5% for a one-time tax…