Viacom is expected to announce -- perhaps as early as today -- an enhanced bid for Paramount Communications Inc., which has agreed to be acquired by hostile bidder QVC Network for about $ 9.7 billion.
Walt Disney Co.'s chairman said in an interview he didn't rule out closing its troubled Euro Disney theme park in France if the U.S. parent and creditor banks don't devise a restructuring plan.
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The management of KMPC-AM has confirmed to staff that the station will be sold to Capital Cities/ABC, reportedly for $ 18 million to $ 20 million.
Distiller Seagram Co. Ltd. said it raised its stake in Time Warner Inc. by almost a full percentage point to 10.4%.
It seems federal regulators have had quite enough of radio personality Howard Stern: They're heading straight for where it hurts most -- the pocketbook of his employer, Infinity Broadcasting.
While Barbra Streisand is practicing scales for her New Year's Eve bash at the MGM Grand Hotel, 12 U.S. congresswomen are asking the singer to meet with former cocktail waitresses for MGM Grand Inc…
Call it a late Christmas gift for showbiz: After two months of protracted, bitter contract bickering, Hollywood's producers and labor unions finally pounded out a basic work agreement Wednesday…
Responding to the public's fascination with high profile court cases, Courtroom Television Network and Time-Life Video have pacted to release a series of homevideos covering many of the nation's…
The legal troubles of Michael Jackson grew with the filing of a lawsuit by a charitable organization alleging the entertainer, a licensing company and three law firms interfered with an agreement to…
Analysts interpreted comments by Walt Disney Co. chairman Michael Eisner that Euro Disney's performance has been "dreadful" as Disney playing more hardball in restructuring talks on the money-losing…
Carolco Pictures Inc. said since less than $ 2.7 million in aggregate principal of its 13% senior subordinated notes due 1996 was tendered, it will return all notes tendered to their holders. The…
2016-2017 Oscar Predictions