Local venture capital group Exxel has purchased Musimundo, Argentina's largest music retail chain, for a reported $200 million.
In keeping with its policy of supporting projects that bring attention to the human condition, the Producers Guild of America will present awards to "Amistad" and "Lewis & Clark" at its March 3…
Frederick Huntsberry has been named senior VP and chief financial officer of Universal Networks and Worldwide Television Distribution Group, the company announced Thursday.
As part of a continuing drive to increase its international activities, Universal Pictures has formulated plans to begin co producing feature films in Spain.
Mille Baron, a longtime actress, died of leukemia Jan. 16 in Burbank. She was 81. Baron was a regular cast member on the daytime soap opera “General Hospital” for 18 years. She played “Aunt Millie…
Will "Titanic" be further propelled by its record-tying 14 Oscar noms? While the film hardly needed an added marketing push, mid-week grosses indicate it's already getting one: On Wednesday…
Sweden's version of the Academy Awards -- the Guldebaggen or "Golden Bugs" -- took place Monday night at Stockholm's City Hall, site of the Nobel Prize ceremony. This year's nominees for best picture…
CBS' Nagano Olympics continued to underperform the past two Winter Games and Wednesday registered the lowest Wednesday primetime rating for a Winter Olympics in 30 years.
Kenneth Frankel, whose theatrical career spanned 25 years, died of a brain tumor Thursday at his home in Los Angeles. He was 56. Frankel directed the award-winning Off Broadway production of…
EXCLUSIVEIn a deal highlighting the growing use of insurance funds among major Hollywood studios, Sony Pictures is negotiating a $500 million insurance deal to protect its investment in a pool of…