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Elektra acts Sue Ferrell

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Elektra hip-hop artists Pete Rock and C.L. Smooth have filed suit against manager Edward O. Ferrell and his Manhattan-based Untouchables Entertainment firm, claiming negligence plus breach of…

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Viacom buys KQLZ-FM

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Following confirmation yesterday of its $ 40 million acquisition of "Pirate Radio" station KQLZ-FM from Westwood One, sources said Viacom Intl. may replace the outlet's hard-rock sound with a "young…

  • Biz

Financial Briefs

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Time Warner Inc. yesterday announced that its Time Warner Entertainment Co. limited partnership with Toshiba and Itochu has sold $ 1 billion of 83/8% senior debentures due 2023. The company said the…

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