Sony Corp.'s Loews Theaters, now part of Loews Cineplex Entertainment Corp., sustained a 22% drop in net profit to $7.6 million in the year to Feb. 28, it said Tuesday.
Hutch Parker -- the 20th Century Fox production exec who has overseen three of the studio's 1998 spring/summer releases -- has been upped to executive vice president of production.
Viacom's Milan-based music channel MTV-Italia expects to double its revenues in 1998 and reach breakeven in 1999, one year earlier than anticipated.
Columbia Pictures has optioned the feature film rights to Iain Pears' latest period mystery thriller "An Instance of the Fingerpost."
Time Warner Inc. will sell about $1 billion in long-term bonds today to refinance existing debt in the media giant's latest effort to reduce its funding costs.
Morgan Mason's London Films has teamed up with Donner/Shuler Donner to develop a remake of the classic British comedy "The Ghost Goes West" for Warner Bros.
JAPAN Sony Corp. has entered into a technical and capital alliance with struggling Japanese software maker Justsystem Corp. Sony will buy 2 million new shares in the software maker, known for its…
Linda Hamilton and Lynn Whitfield have been cast in Studio USA Pictures' and the Lee Rose telefilm "The Color of Courage," an event movie for USA Network. Pic is skedded to begin shooting June 3 in…
Sidney Poitier's five-decade career will be the subject of a tribute June 18 and 19 at the Academy of Motion Picture Arts & Sciences.
In an effort to streamline the development of the Westwood Marketplace complex, Mann Theatres has scaled back its planned multiplex at the site from 2,800 seats to a maximum of 2,000 seats.
The disappointing box office performance of "Godzilla" threw cold water on the bidding for the network rights to the movie, and NBC ended up grabbing it for only $25 million, a full 28% below the $35…