Market rumors Wednesday of a possible marriage between CBS and Viacom buoyed shares of both companies, although insiders said any transaction would probably focus solely on Viacom's TV station group.
Overseas Film Group said higher interest expenses tipped it into the red for the latest quarter as it posted a net loss of $48,000 compared with a profit of $211,000 a year earlier.
CBS Corp. said Tuesday that Samsung Electronics America has agreed to cover costs associated with converting the network's TV movies to high-definition format.
Ascent Entertainment will pay its former CEO Charles Lyons a surprisingly rich severance package of $3.6 million, the company has revealed in an SEC filing.
The Walt Disney Co. said Tuesday it has agreed to sell its Fairchild Publications magazine division to Advance Publications' Conde Nast, owner of Vogue, Glamour, Mademoiselle and a host of other…
Merrill Lynch analyst Jessica Reif Cohen sent Time Warner stock on a wild ride Tuesday as she predicted a dismal third quarter for Warner Music and slashed her numbers for that division and the whole…
Corporate bondholders of Planet Hollywood Intl. have given a green light for the ailing restaurant chain to move forward with a restructuring unveiled last week, according to company chairman and CEO…
AT&T executive Leo Hindery has made a personal bid for Chronicle Books, a division of Chronicle Publishing of San Francisco.
Quarterly revenue at John Malone's Liberty Media Corp. jumped 23% to $778 million with increases in all its major businesses, including Encore Media Group, Discovery Communications and QVC.
Universal's recent hot run at the box office couldn't staunch the red ink at parent Seagram Co., which posted a net loss of $129 million in the fourth quarter ended in June.