French media/telecom group Vivendi posted an adjusted net profit of E2.61 billion ($3.43 billion), up 18%, Wednesday.
Disney venture capital arm Steamboat Ventures has joined a consortium of investors plowing $23.5 million into Chinese interactive video firm UUSee.
Regency Enterprises CEO David Matalon is departing the shingle after 12 years in order to re-establish his own production company. Matalon, who plans to leave by July, will remain based at Fox.
Universal Pictures has acquired the Nick Redfern novel "Three Men Seeking Monsters: Six Weeks in Pursuit of Werewolves, Lake Monster, Giant Cats, Ghostly Devil Dogs, and Ape-Men."
Canal Plus' publicly listed Gallic paybox on Wednesday posted a 2006 net profit of e42.4 million ($55.8 million), up 20% on revenues that rose 7% to $2.124 billion.
TiVo trimmed its net loss in the quarter ended Jan. 31 to $18.7 million from $21.1 million a year ago, but full-year results were more mixed.
Brian Wilson sang three songs from the Beach Boys' classic album "Pet Sounds" Wednesday morning at Capitol Records to kick off a retail campaign to get CD buyers to fill in holes in their music…
The exit of DirectTV top execs David Hill and Dan Fawcett has triggered a series of promotions at the company.
In one of the slyest -- if inadvertent -- DVD promos ever, Sacha Baron Cohen received a nod at the Israel Film Festival in Los Angeles on the day "Borat" hit shelves.
Universal Studios has tapped CNBC chief financial officer Christy Rupert Shibata as its new CFO.
News Corp. is forging ahead on talks with a number of congloms to create a video platform that could compete with YouTube. "We're in very active negotiations with all of the media companies to create…