King World Prods. yesterday reported record net income and earnings per share for its first fiscal quarter ended Nov. 30.
In a move Wall Street dubbed "unexpected," Blockbuster Entertainment prez Joseph R. Baczko resigned yesterday, just as the video retail giant announced it had initiated a corporatewide reorganization.
If the Hollywood deals of 1992 are remembered in the years ahead, they'll likely be remembered for what they weren't.
Imagine Films Entertainment is deliberately keeping shareholders in the dark, according to one disgruntled Imagine shareholder.
The deadline for the Imagine Films special board committee to accept or reject Brian Grazer and Ron Howard's buyout offer came and went yesterday with no word from the company one way or the other.
King World Prods. is repurchasing up to 2 million of its common shares, or about 11% of its total, for about $ 112 million. The move makes sense, given KW's excess cash hoard, says its chief…
More than 150 industry exex received their own personal holiday greetings from the Internal Revenue Service this month--they might be subjected to a tax audit.
After churning through the '80s buying, selling, merging and purging, several of the largest entertainment companies are sitting on huge piles of cash. Paramount, Disney, Capital Cities/ABC and CBS…