Vivendi Universal has filed a €1 million ($944,000) libel suit against French daily Le Monde for a front-page story claiming the media and utility conglom experienced a cash crunch and nearly…
The Screen Actors Guild, which recently ended its franchise agreement over concerns about agents taking stakes in production entities, apparently has no such problems with its top executive.
Germany's CommerzBank is launching Academy Film Fund II to raise upwards of $142 million for Franchise Pictures projects, including the $50 million Richard Gere starrer "Emperor Zehnder."
Gallic distrib BAC Majestic is at odds with Miramax for pacting on a joint distribution venture with French TV station TF1 before the end of their long-standing output deal in September 2003.
A federal appeals court reinstated a copyright infringement action against Steven Bochco and CBS involving the defunct hospital drama "City of Angels."
MGM said Wednesday the Santa Monica-based studio has completed $1.75 billion in refinancing, boosting its credit facility by $250 million more than originally planned (Daily Variety, May 3).
More than 150 of Italy's top-selling recording artists, including tenor Andrea Bocelli, are urging the government to slash the tax on recorded music in a bid to cut the high CD prices that contribute…
Germany's former TV titan Kirch Group tuned out completely Wednesday as its last remaining units filed for bankruptcy.
Woody Allen and his former friend and producer Jean Doumanian patched things up Tuesday, at least enough to issue a one-sentence joint statement settling the helmer's $12 million lawsuit.
A hearing before the Ontario Securities Commission of former impresario Garth Drabinsky and several other principal officers of defunct theater company Livent Inc. has been postponed until early…
You have one month -- July 15 to be precise. That's the deadline Rep. W.J. "Billy" Tauzin (R-La.) gave Hollywood studios, the computer biz and consumer electronics makers on Tuesday to work out their…