SFX Entertainment announced Monday it has agreed to acquire Sweden's leading music promoter EMA Telestar Group.
MGM will kick off a road show this week to promote a $750 million stock offering planned for later this month or early October.
NBC moved closer to a deal with Paxson Communications on Wednesday, as Wall Streeters and industry players pondered the Peacock's future in the wake of the Viacom-CBS merger.
Viacom's co-deputy chairmen Philippe Dauman and Thomas Dooley, who will exit the company when it completes its merger with CBS, will each receive a $29 million lump sum severance package to settle…
Viacom and CBS reshaped the media and entertainment landscape Tuesday, unveiling a $35 billion merger -- the biggest ever in showbiz -- that neatly marries vast networks of content and distribution…
As AT&T grapples with regulators over cable ownership issues sparked by its agreement to buy MediaOne Group, Time Warner is trying to hide a smile that may lead to a stake in Cablevision Systems.
Viacom Inc. and CBS Corp. execs huddled in meetings all through the long holiday weekend hammering out details of a deal that calls for Viacom to buy CBS, most likely for stock, creating an…
Dick Clark Prods. announced Thursday that profits during its 1999 fiscal year plunged to $2.8 million from $8.2 million the year before, partly due to a $2.6 million writedown in value of three of…
Granite Broadcasting's San Jose station KNTV will cash out of its affiliation agreement with ABC five years early to become a news-focused independent with broader distribution on regional cable…
Independent music group Platinum Entertainment has pulled its distribution completely inhouse, ending the dual distribution arrangement it had with PolyGram/Universal Music.