Inovision Corp., a successor company of bankrupt indie Vestron Inc., won a $ 100 million out-of-court settlement Friday from Bank of America.
Sony is beginning to resemble a classic case of the tail wagging the dog. Despite continued drops in earnings for the corporate parent, Sony's Hollywood-based entertainment arm pitched in nearly half…
Matsushita Electric Industrial Co. Ltd., parent of MCA/Universal, reported a dramatic drop in profits for its fiscal year, buffeted by a difficult world economy.
Key stock prices moved to a record high for a second day, and the Dow Jones Industrial Average gained 23.25 to close at 3523.28.
Union politicking is expected to heat up this summer within the ranks of the Writers Guild of America, West, as members prepare for a September election that could well be nasty in nature, with the…
Overseeing his first annual shareholders meeting as the sole topper of Time Warner, Gerald Levin stepped out of the shadow of the late Steve Ross Thursday at the Apollo Theater in Harlem, offering…
News Corp. announced completion of its new $ 3 billion revolving credit facility through a group of 27 banks in Australia, Europe and the U.S., said to be final step in company's plan to strengthen…
Ronald O. Perelman's the Andrews Group, acting through its Four Star Intl. subsidiary, has acquired a 50% stake in privately held syndicator Genesis Entertainment.
A New York law firm representing unsecured creditors of the New York Post is urging the FCC to grant Rupert Murdoch permission to regain control of the publication.
An effort in Sacramento to put "teeth" into the Talent Agency Act has been yanked from this year's legislative session.
Strong growth in German and Dutch TV advertising revenues boosted Luxembourg-based media conglomerate CLT's 1992 revenues 26% over earnings for the previous year.