New World Entertainment has created two new operating areas geared to family entertainment--New World Family Filmworks and New World Action Animation--with Rick Ungar, president of New World…
MCA Records said yesterday it has already posted more than $ 300 million in domestic sales, making 1992 the best year in the company's history.
Carlton Communications, the British conglomerate that owns Technicolor, posted a 15% improvement in net income, to T102.3 million ($ 161 million), and a 17% rise in gross revenues, to T702 million ($…
Credit Lyonnais Bank Nederland, which funded the 1990 leveraged buyout of MGM/UA, never saw crucial documents regarding the studio's financial status prior to completing the $ 1.33 billion deal, the…
Two brothers arrested in the 1989 shotgun slayings of their mother and video executive father in their Beverly Hills mansion were indicted by a county grand jury, lawyers said Tuesday.
Director Jonathan Lynn, currently plying his trade theatrically in Buena Vista's "The Distinguished Gentleman," has entered into an exclusive overall television deal with Columbia Pictures TV…
Major shareholders in Germany's fledgling private web RTL 2 have shed some of their holdings in a renewed bid to get the station licensed. RTL 2 hoped to go on the air in September, but German media…
Communications & Entertainment Corp., the film financing and distribution company, announced yesterday that it has signed a letter of intent to acquire Virginia-based Metropolitan Bank for Savings…
A television version of prominent rhythm & blues nitery R&B Live will likely emerge next year, according to one of its principals.
Four world premieres, including Sam Shepard's "Silent Tongue" and Mike Newell's "Into the West," more than 30 international independent films and several seminars and tributes round out the crowded…
Watching children die and others carry automatic weapons is taking a toll on CBS News anchorman Dan Rather, who is reporting from Somalia on the arrival of U.S. troops in the region.