Exhib Carmike Cinemas, which completed a bankruptcy reorganization in January, Monday posted a broadened first-quarter loss of almost $56 million due to one-time restructuring costs.
Resurrecting a former organizational structure, the board of the Recording Industry Assn. of America announced Monday that prexy-CEO Hilary Rosen will be promoted to chair and Cary Sherman upped to…
Leonard Tow, one of many disgruntled shareholders of Adelphia Communications, said Monday that he intends to exercise his right to appoint three directors to the board of the troubled cable group.
Net revenues at European station group SBS took another beating in the first quarter, but the company reduced its net losses by 25% year on year.
Italy's antitrust body announced Monday it would approve the merger between Telepiu, the money-losing Italian arm of France paybox Canal Plus, and News Corp.'s Italo digital platform Stream -- though…
The Kirch Group's 40% stake in publishing house Axel Springer will most likely be transferred to Deutsche Bank as a loan payment after a consortium of other banks failed to agree on a takeover of the…
A Munich court has filed suit against former EM.TV toppers Thomas and Florian Haffa have been charged with willfully misleading investors about the performance of the company.
Scandinavian media company Modern Times Group has sold off 5% of its 20.1% stake in commercial web TV4 Sweden in a move widely seen as part of an effort to build a war chest for future expansion.
Sarah Schechter has been promoted to creative exec at Universal-based Barry Mendel Prods., reporting to Barry Mendel and VP Jennifer Simpson.
SAG has warned members against signing new pacts with agents with less protection than terms provided in its now-expired master franchise agreement.
Barry Diller came out strongly in defense of Vivendi Universal chief Jean-Marie Messier Friday as well as the anemic performance of his French partner's stock.