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CapCities has record qtr.

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Higher television ratings, a firmer ad market and big revenue gains in its radio and cable businesses helped Capital Cities/ABC earn $ 166.74 million last quarter, or a record $ 10.35 per share, up…

Marketplace

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Berlusconi dives into politics

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Media magnate Silvio Berlusconi will formally enter Italian politics Wednesday at the head of the conservative Forza Italia (Go Italy) movement, his Canale 5 television network reported Tuesday.

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Financial Briefs

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BERLIN — Pan-European broadcaster RTL Group and Spain’s Planeta Group reached agreement Tuesday (July 1) on the future management, shareholding structure and corporate governance of Spanish web…

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Jackson suit settled

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While still proclaiming their client's innocence, attorneys for Michael Jackson announced they have reached an out-of-court settlement with the 14 -year-old boy who claimed he was sexually molested…

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