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…
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…
Frances McDormand, winner of last year's best actress Oscar, will be a presenter at the 70th Academy Awards telecast. It will be McDormand's first appearance to bestow one of the statuettes.
Just call it Menken mania. Eight-time Oscar winner Alan Menken -- composer on such animated hits as "Beauty and the Beast," "Aladdin," "The Hunchback of Notre Dame" and "Hercules" -- has inked a…
Canada's Lions Gate Entertainment Corp. is in serious negotiations to become the primary equity partner in Mandalay Entertainment, providing Peter Guber's company with between $300 million and $400…
Tom Cruise will receive the John Huston Award from the Artists Rights Foundation, the org announced Thursday.
Julia Roberts will become the first female to receive ShoWest's International Star of the Year Award at this year's annual exhibition convention in Las Vegas.
Fourth-quarter profits at computer animation firm Pixar Animation Studios were modestly lower.
Seagram Co. Ltd. took advantage of Time Warner Inc.'s soaring stock price Thursday to sell another 15 million TW shares for $965 million, leaving Seagram with a stake of just 2% in the entertainment…
Those pricey magazine and newspaper articles that studios are buying accounted for just two of the 146 features from the majors last year, according to a Variety survey of development source material…