Paramount shares jumped $ 3.50 yesterday to close at $ 46.13 on rumors that CBS is seeking to buy the media conglomerate.
The Ontario Securities Commission said David Bruce Fingold, Fobasco Ltd. and Slater Industries Inc. have been charged with insider trading in connection with the sale of shares of Cineplex Odeon Corp.
The chairman of Nostalgia Network Inc. is claiming that a fast food franchisee and three of its officers devised a bizarre scheme to get control of his company.
Omni Films International Inc. has received a $ 1.2 million contract for the installation of a 42-seat Motion Master in Bangkok, Thailand.
The future of Studio Babelsberg (formerly DEFA) as a major film studio is shaky. Only one feature production has wrapped on the lot since French investment company CIP bought the 46-hectare lot from…
Gerald M. Levin was handed the final trappings of power yesterday when Time Warner's board of directors elected him chairman of the world's largest entertainment and media company.
NBC parent General Electric reported a 7% increase in earnings for 1992 to $ 4.725 billion ($ 5.51 per share) from $ 4.435 billion ($ 5.10 per share) in 1991.
Katz Communications, a television and radio station rep firm, has created Katz Hispanic Media, a stand-alone company developed to handle representation for Hispanic media outlets.
L'Ermitage Hotel in Beverly Hills, a hangout for celebrities and rich wanderers, was bought for about $ 12 million by a New York-based investment partnership, La Hotel Properties.
Having watched Hollywood help bankroll Bill Clinton's presidential campaign and pitch the wildest inauguration bash in memory, D.C. insiders are asking: What does Tinseltown want in return?