U.K. cable operator Telewest is issuing £300 million ($488 million) in bonds to raise finance to help pay down its debt.
The Visual Effects Society has elected two new officers to its board of directors.
Universal Studios has tapped former Polygram Filmed Entertainment exec VP Rick Finkelstein as senior vice president, corporate development and strategic planning.
KCOP Los Angeles has picked up "The Martin Short Show" for a fall debut (Daily Variety, March 2).
British-American media and telephony group NTL has bid A$650 million ($410 million) to buy the National Transmission Network from Australia's conservative federal government.
Tina Sharkey has been upped to group prexy of the Children's Television Workshop's newly created online division, signaling CTW's push to educate families via the Internet.
Time Warner chairman Gerald Levin is sitting on stock options worth more than $300 million, Time Warner revealed in its annual proxy statement, reflecting the rally in TW's stock price over the past…
Michael Eckert, CEO of the Weather Channel, has resigned his post after 17 years with the cable web and 14 years as its president.
Bryant Gumbel's Dunbar Prods. is producing a 13-week roundtable talkshow series for pubcasters dubbed "The Reading Club," to be hosted by longtime Gotham news anchor Carol Martin.
In a move designed to streamline the release of vids into the marketplace, Universal Studios Home Video has tapped Craig Kornblau as prexy.
The TV-centered partnership announced Friday between Germany's Kirch Group and Italy's Mediaset will involve a pooling of assets worth some DM2 billion ($1.1 billion) -- but more importantly, the…