Westwood One Inc. posted a net loss for its third quarter ending Sept. 30 of $ 7.74 million (52 cents per share), compared to a loss of $ 2.2 million (15 cents) for the same period last year.
General Electric, parent of NBC, noted that its Summer Olympics broadcast posted an operating loss for the broadcasting unit for the third quarter. GE posted a slight increase in net income of $ 1.1…
The Supreme Court has refused to reinstate a pair of lawsuits that accused heavy metal rocker Ozzy Osbourne of inciting, through his music, the suicides of two teenagers.
NSB Corp., the former Hemdale Film Corp., has been given yet another brief extension on its payout to angry creditors. NSB was supposed to either pay off creditors or convert the involuntary Chapter…
News Corp. topper Rupert Murdoch is still waiting for a higher grade from ratings analysts on the company's $ 7 billion-plus debt.
The legal roaring over who can use MGM's celebrated name and logo on studio theme parks subsided yesterday as Walt Disney and Metro-Goldwyn-Mayer lawyers turned the non-jury lawsuit over to the…
Prominent music biz attorney Allen Grubman made his move against Billy Joel yesterday in New York Supreme Court, moving to dismiss Joel's $ 90 million fraud and breach of fiduciary litigation against…
Last week …$ 73,000,000 1991 …$ 62,800,000 1990 …$ 67,200,000 Year to date …$ 3,528,100,000 1991 …$ 3,552,300,000 1990 …$ 3,759,500,000
Time Warner Inc. debt offering $ 1.375 billion Terms aren't set but SEC registration aims to lock in historically low interest rates. Cash could redeem part of TWI's hefty preferred stock, which has…
Cable TV pioneer Bill Daniels filed suit yesterday to have the retransmission consent/must-carry provision of the new cable law declared unconstitutional.
In the Oct. 12 story about Blue Rider Prods., the screenwriter of the 1988 release "Night of the Demons" was incorrectly identified. Joe Augustyn penned the screenplay and produced the pic. Norris…