Relativity Media has raised $150 million in equity from about 10 investors, including new coin from existing backer Ron Burkle.
Having passed U.S. regulatory approval, Chinese conglom Dalian Wanda Group has officially acquired AMC Entertainment, the second-largest U.S. theater chain behind Regal Entertainment Group.
Yahoo has at last struck a deal to sell up to half its stake in Alibaba Group back to the Chinese ecommerce giant for as much as $7.1 billion in cash and stock.
Anyone who's worked in the ad business recognizes the adage, often attributed to 19th century department store pioneer John Wanamaker: "I know that half of my advertising budget is wasted, but I'm…
The long-awaited initial public offering for Zynga is reality -- but as some investors celebrate, others wonder whether the numbers being discussed in conjunction with the company are a sign that…
Netflix, a relative newcomer to the media club, took in $2.2 billion last year -- a puny sum compared with the $26.9 billion in revenues of media behemoth Time Warner.
The fight over a digital multicast must-carry mandate escalated Wednesday as cablers warned Congress that such a requirement could end up costing U.S. taxpayers more than $115 billion.
The Lion has left the jungle. MGM announced Tuesday it's exiting the tumultuous auction for Vivendi Universal Entertainment because "the seller's current price expectation would not be consistent…
Shares of News Corp. and its film and broadcasting arm Fox Entertainment Group both got a shot in the arm Tuesday, following upbeat comments from a closely watched media analyst.