Time Warner Inc. adopted a poison pill takeover defense Thursday after being rattled by the continuing accumulation of its stock by Seagram Co. and prodded by institutional investors.
The Paramount board of directors is expected to meet today and there is speculation it could approve Viacom's revised bid.
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SegaTV signed a letter of intent with Multimedia Cablevision of Wichita, Kan. , to provide SegaTV to Multimedia’s 450,000 subscribers this year. The company said it would first conduct a three-month…
FCC commissioner James Quello will receive the Distinguished Service Award from the National Assn. of Broadcasters at the NAB convention in Las Vegas March 21.
Graff Pay-Per-View Inc. acquired PSP Holding Inc. for an undisclosed amount of stock. The transaction was effected by a merger of PSP Holding and Graff’s Guest Cinema unit. Guest Cinema markets…
China's advertising industry had a golden year in 1993 , with advertising expenditures rising over 40% in an otherwise flat world market, Saatchi & Saatchi's Beijing representative said Wednesday.
QVC Network Inc. extended its buyout offer for Paramount Communications Inc. Wednesday to match the Jan. 31 deadline on rival Viacom Inc.'s revised bid. QVC's offer was set to expire Friday.
A new study questions Walt Disney Co.'s fiscal estimates for its proposed theme park in Haymarket, Va., saying the projections for job growth and revenues are overstated.
FCC commissioner Ervin Duggan says he has no intention of censoring controversial public TV programs when he becomes prexy of the Public Broadcasting Service Feb. 1.
Vanna White was awarded $ 403,000 in damages Wednesday by a federal jury in her suit against Samsung Electronics, which ran an advertisement featuring a robot resembling the television hostess.
Oppenheimer & Co. analyst Jessica Reif raised her recommendation on Capital Cities/ABC to buy, citing the web's "good growth in a weak economy" and cost-cutting efforts. CapCities/ABC shares closed…
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