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.
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…
In his first quarter at the helm, Barry Diller has done quite well wringing more out of the QVC Network. The leading cable shopping channel posted net profit of $ 21.6 million (44 cents a share) for…
Sony Electronic Publishing Co. is consolidating its multimedia operations. The company, a unit of Sony Corp., is moving its Multimedia Productions division, which publishes CD-ROM titles, from…
Hollywood shares were buoyed by a record high for the stock market Wednesday. The Dow Jones Industrial Average pushed past the 3,500 mark for the first time in 109 years, closing at 3500.3.
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.