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  • Film

Fox’s ship comes in

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News Corp. estimates it will earn a profit of at least $100 million on "Titanic" once all revenue from the pic is accounted for, chairman Rupert Murdoch told Wall Street analysts Wednesday night.

  • Biz

Exec Shuffle

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Virgin Records has upped Ken Pedersen to exec VP of the label’s stateside operation. The industry vet will oversee Virgin’s finance, production and information technology arms. Pedersen also will…

  • Biz

Paxson expanding

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Homing in on his goal of 80%-plus household coverage by the August launch of his PaxNet web, Lowell "Bud" Paxson announced eight more station acquisitions Thursday. The Paxson Communications Corp…

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