Bear Stearns initiated coverage of Capital Cities/ABC Wednesday with a buy recommendation, citing the company's investments in cable programmers and European ventures as well as improving…
Spanish-language telecaster Telemundo Group Inc. posted net income of $ 6.9 million, or 18 cents per share, for the fourth quarter ended Dec. 31, 1993, including a charge of $ 2.7 million for costs…
Wall Street stocks took news of an interest rate hike in stride Tuesday, although Treasury bonds leaped after the Federal Reserve seemed to indicate a quarter-point rise in a key lending rate, to…
Viacom named Edward Horowitz the chairman and chief exec of New Media and Interactive Television, marking the fifth key exec move in the last week as it tries to make up for time lost during its more…
Shares in QVC Inc. showed every intention of extending their losing streak to five consecutive days before staging a late afternoon recovery Thursday on favorable technical factors.
Capital Cities/ABC surprised investors Tuesday with plans for a 10-for-1 stock split to be ratified at its annual meeting in May.
Viacom Inc.'s newest member of top management expects the company to announce some top execs of the new Paramount-Viacom soon.
Subscriber and advertising revenue gains helped BET Holdings Inc. best Wall Street estimates with second-quarter earnings of $ 4.3 million or 21 cents per share, up more than 28% over the prior year.
Seagram Co. continues to slake its thirst for Time Warner, buying somewhere between 3 million and 4 million shares in the past week alone, market sources estimated. Time Warner shares closed Friday…
Viacom Inc. said Thursday it has secured the expected $ 1.25 billion investment from its intended merger partner, Blockbuster Entertainment, enabling the cable programmer to acquire Paramount…
Rising cable access fees and expansion costs chipped away at ValueVision International's fourth quarter profit, which dropped 9% to $ 126,840 or 1 cents per share after investment gains despite a…