Britain's Granada Group said Tuesday it had sold a 6.5% stake in satellite television broadcaster BSkyB to broker BT Alex Brown Inc. for 429 million pounds ($729.1 million).
Internet content creators American Interactive Media and New Tech Entertainment this week said they will launch nine entertainment-based Web sites in 1999, with plans to develop them into both…
Portending the first of a series of management shifts at Universal Music Group as a result of its acquisition of Polygram, Nick Phillips, chief of the conglom's U.K. outpost, resigned Tuesday…
Broadway finally shed its sluggish mood last week, as receipts shot up 20% over the prior frame, gaining $1,680,917 for a total of $9,992,835. Attendance climbed by the same whopping 20%, rising from…
Sharon Stone, Jeff Bridges and Nick Nolte are in final negotiations to star in the independent drama "Simpatico" for Studio Canal Plus.
David Van Houten will ankle his post as Trimark Pictures vice president of publicity and segue into a non-exclusive consulting role with the company, beginning Nov. 1.
In an effort to reach a last-minute budget agreement, Congress and the White House have found more revenues from spectrum auctions to bridge the funding gap.
Primestar is facing an antitrust action in D.C. in February but it's still signing cable-network deals, renewing five John Malone-owned pay-TV networks through 2005.