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Paxson ups ante for WBIS

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NEW YORK — Lowed “Bud” Paxson, who has built a string of UHF infomercial stations in major markets, has bid a whopping $250 million for WBIS, the troubled New York City station co-owned by Dow Jones…

Marketplace

INSIDE MOVES

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NEW YORK — Miramax Films has nabbed all worldwide rights except Italy to Carlo Verdone’s “I’m Crazy About Iris Blond,” which it will be selling in Cannes. A romantic adventure about a fading pop star…

ECHO: SHAKY, SHAKY

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NEW YORK — Rupert Murdoch’s satellite-TV joint venture with EchoStar Communications Corp. is in doubt, EchoStar said Monday, sparking speculation that Murdoch is backing away from the deal to make…

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