Vivendi Universal announced plans Monday to reduce its stake in Vivendi Environment by more than 20%, allowing the highly leveraged French conglom to transfer $13.2 billion in debt off its books.
The Federal Communications Commission livened up the broadcast industry Monday with news that it is re-examining the ban on dual network ownership -- which prohibits one company from owning two…
AFTRA national exec director Greg Hessinger and veteran broadcaster Belva Davis have been tapped to speak at next week's FCC hearings on setting new equal employment opportunity rules.
SAN ANTONIO -- After the fireworks of the first two days of testimony, the Blockbuster antitrust trial on Monday turned to the nitty-gritty of the case, as lawyers for the two sides laid out…
Record labels and music publishers bucked their history of protracted legal battles against online file swappers Monday and made peace with Audiogalaxy just a month after suing the company.
Country supergroup the Dixie Chicks have patched things up with Sony Music, inking a new multimillion-dollar record deal and settling a volley of lawsuits over past royalties and alleged contract…
In a blow to EchoStar's Charlie Ergen, the Supreme Court on Monday let stand a federal law requiring satcasters to carry either all local broadcasting signals in a market or none at all.
Bondholders in U.K. cabler Telewest have rejected an offer from Liberty Media to buy 20% of the troubled company's bonds.
Investigations into Adelphia Communications's finances unearthed more questionable dealings, according to a filing the beleaguered cabler made late Friday with securities regulators.
There's yet another new kid on Spain's distrib block: two Valencia-based prodcos -- Nisa and Hispanocine -- and local exhibber Cinegestion have teamed to create distribber Asfalto Distribuciones…
Motion Picture Assn. of America prexy-CEO Jack Valenti goes on the book party tour this week to plug an updated edition of his 1982 book "Speak Up With Confidence" (Hyperion, 2002).