New World Communications Group Inc., financier Ronald Perelman's entertainment company, began trading on the Nasdaq market Wednesday under the ticker symbol NWCG.
Controversial radio announcer Howard Stern, one of the most listened-to men in America, announced his candidacy for governor of New York Wednesday, promising to resign quickly if elected so "I can…
French pay TV giant Canal Plus is negotiating to take a 10% stake in German consortium Media Service, according to reports in the Paris press.
The FCC today is expected to seek comment on whether changes are needed in the primetime access rule, a move likely to touch off a major entertainment-industry lobbying battle.
Grupo Televisa S.A. has entered an agreement to rent eight KU-Band transponders on the PS-3 satellite, expected to be launched in the fourth quarter by PanAmSat L.P.
Wall Street stocks took news of an interest rate hike in stride Tuesday, although Treasury bonds leaped after the Federal Reserve seemed to indicate a quarter-point rise in a key lending rate, to…
Spanish-language telecaster Telemundo Group Inc. posted net income of $ 6.9 million, or 18 cents per share, for the fourth quarter ended Dec. 31, 1993, including a charge of $ 2.7 million for costs…
FCC commissioners James Quello and Andrew Barrett said Tuesday they are amenable to relaxing broadcast station ownership rules.
Paramount Home Video announced Tuesday that it has entered into an exclusive marketing and distribution agreement with CD-ROM developer and publisher Xiphias to distribute the company's titles.
The Ten Group, which owns and operates the Ten Network's outlets in Sydney, Melbourne and Brisbane, showed a net profit of $ A38.7 million ($ 27.9 million) for the half-year to Dec. 25, 1993…
When Warner Bros. CEO Robert Daly walked into the first post-merger gathering of senior Time Warner management in the Bahamas nearly five years ago, he felt a hand on his shoulder. It was a Time Inc…