Walt Disney Co. increased net profit 51% in the first quarter of fiscal 1997 to $749 million, it said Tuesday, at the same time disclosing its decision to explore options for the divestiture of the…
Carlton Communications is believed to be considering a bid for Rank Film Distributors, after both Polygram and Pearson dropped out of the running to buy the famous British company in recent weeks.
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Frustrated with the decline in wages among recognizable, second-tier actors and alarmed that the industry's middle-class thesp may be disappearing, the Screen Actors Guild has embarked on a…
If Senate Commerce Committee Chairman John McCain (R-Ariz.) has his way, former General Colin Powell will have a close family connection to the next Republican FCC Commissioner.
Technicolor said Monday it completed a decentralization plan it began last year.
Marvel Entertainment Group on Monday told a U.S. Bankruptcy Court it expects to report net losses of more than $400 million for the fourth quarter and the entire 1996 frame.
TCI Intl. said Monday it would buy back as much as 5% of its own stock in a program that would cost about $80 million at the company's current stock price.
ITT Corp.'s entertainment assets, which include a half-interest in Madison Square Garden and Gotham TV station WBIS+ are likely to be sold if a $6.5 billion hostile bid for the gaming conglomerate…
The investment banker who advised billionaire Paul Allen on his investment in DreamWorks, Mike Yagemann, jumped from a top slot at Bear Stearns to Montgomery Securities Monday in the latest sign that…
Rank Group Plc plans to sell its movie distribution unit and is expected to raise between $160 million and $180 million from the sale, according to a report in the Sunday Times.
Music producer-songwriter Johnny Lee Jackson has filed a lawsuit against Death Row Records and Interscope Records for allegedly failing to pay him for 11 songs he produced and co-wrote on the Tupac…