Stateside hedge fund manager George Soros has bought $40 million out of a total of $250 million worth of bonds issued by PT Datakom Asia.
ABC prexy Preston Padden is being summoned by the Senate Commerce Committee to explain his plan to eschew high-definition television for a slate of lower-resolution TV channels.
Former junk bond king Michael Milken's divestments of stock in computer games company 7th Level Inc. were charitable donations, not sales, 7th Level said in a statement.
ouse telecommunications subcommittee chairman Billy Tauzin (R-La.) said Wednesday he will introduce legislation designed to reverse a decision by the U.S. Copyright Office to raise satcaster royalty…
Time Warner Inc. and Tele-Communications Inc. will form two partnerships to manage jointly owned cable systems serving one million customers in Texas in a deal that helps both cablers cut their debt…
Director Volker Schloendorff announced Tuesday that he will step down as managing director of Studio Babelsberg, but will serve as chairman of the supervisory board of the Medienstadt Holding…
The satellite industry on Friday decried a plan submitted to the U.S. Copyright Office that calls for a dramatic increase in fees satellite companies must pay to retransmit broadcast TV programs.
Plans to liberalize Oz media ownership laws were officially relegated to the too-hard basket Tuesday, owing to intense lobbying and public bickering by Rupert Murdoch, Kerry Packer, Izzy Asper and…
Former junk bond king Michael Milken appears to be cutting his ties to the new media business, revealing late Friday that he had sold about one-third of his holding in the troubled computer games…
Longtime international sales exec William J. Moraskie has ankled his post as president and chief operating officer of Capella Intl. after more than seven years as head of the company's international…