In the wake of United Airlines' filing for bankruptcy protection earlier this month, Disney announced that it will, as expected, write off a $114 million investment in airplane leases to the…
Germany's Dresdner Bank will retain the 25% stake in Telecinco that it inherited from the Kirch Group. Kirch used the stake in late 2001 to secure a DM910 million ($410 million) loan from Dresdner.
Troubled radio satcaster XM Satellite Radio got a reprieve from its debts Monday in the form of a $450 million round of financing from creditors.
The European Commission is poised to take England's soccer Premier League to court, accusing it of fixing the price of TV rights sales.
Marvin Davis and the consortium bidding for Universal plan to renew their pitch to Vivendi in Paris in late January as the effort gathers steam despite skepticism on Wall Street and in Hollywood.
Micheline Charest, ousted co-founder of Montreal-based kidvid company Cinar, has left the Montreal comedy festival Just for Laughs nine months after taking a job developing international business for…
Taking a step toward serious scrutiny of eased media ownership rules, Columbia U.'s law school has set a daylong public hearing over the FCC's proposed loosening of the regulations for Jan. 16.
The U.S. District Court in California has delayed to Aug. 5 the jury trial in the case of German film distributor Intertainment's lawsuit against Franchise Pictures.
Kirch Media and the bidding consortium headed by publisher Heinrich Bauer have reached an agreement regarding the takeover of Kirch Media's stake in broadcast group ProSiebenSat 1 Media.
The deconstruction of Vivendi Universal continued apace Friday with the completed sale of Viv U Publishing to investment holding company Investima 10 for a total value of $1.23 billion. Deal brings…
Moribund digital music Netco Liquid Audio agreed Friday to suspend the payment of a final $58 million dividend to shareholders prior to its liquidation, following a court challenge from German media…