Seagram Co. continues to slake its thirst for Time Warner, buying somewhere between 3 million and 4 million shares in the past week alone, market sources estimated. Time Warner shares closed Friday…
Cox Cable and Southwestern Bell are going back to the negotiating table to rethink their $ 4.9 billion partnership in wake of the FCC's new cable rate regulations.
Viacom Inc. said Friday it has taken control of Paramount Communications. Viacom said it bought 61.66 million shares, or 50.1%, of Paramount.
In deals valued at more than $ 4.5 million, Showscan Corp. announced two sales of its simulation theater attractions to domestic casino/gaming establishments -- the Boomtown Hotel & Casino in Biloxi…
Jack Nicholson has settled a civil lawsuit with a motorist who accused the movie star of smashing his car windshield with a golf club during an altercation.
Tower Records has agreed to temporarily stop selling "On Stage With Eddie Fisher" after the singer's attorney claimed the compact discs were illegally recorded.
Walt Disney Co. moved a step closer to building its American history theme park when state lawmakers agreed to provide $ 160 million in incentives.
The Hollywood Radio & Television Society has two power meals scheduled for next month -- including a rare breakfast forum with First Lady Hillary Rodham Clinton on April 26.
Top-ranking Fininvest executive Marcello Dell'Utri and five execs at Fininvest intermediaries have been accused of falsifying balance sheets and financial fraud in a wide-ranging investigation of the…
A Los Angeles director who claims Nirvana stole his idea for a musicvideo has filed suit against the grunge band and leader Kurt Cobain charging copyright infringement.
Hungary's state radio touched off a political firestorm March 4 by announcing the dismissals of 129 employees, mainly journalists.