Capitol Multimedia has raised $ 6.78 million from the sale of new equity. A total of $ 6 million was raised in an offering sold to overseas investors. Another $ 780,000 was raised through the…
The Federal Communications Commission has asked Rupert Murdoch for more details on his bid to buy the New York Post, throwing a wrench into the News Corp. chairman's plans.
Century Communications reported a net loss of $ 10.98 million (15 cents a share) for the third fiscal quarter that ended Feb 28. That compared to a $ 18.7 million net loss (26 cents) in the same…
Powerful House Democrats Richard Gephardt and John Dingell are urging the Federal Communications Commission to weigh the potential for jobs creation when it selects a final U.S. standard for high…
Arleen Sorkin, the former co-host on ABC's "America's Funniest People," has slapped the show's producer with a racial discrimination suit, saying that he let her go because she was white.
Sedona Records has filed suit against Bertelsmann Music Group, its Zoo Entertainment label and label prexy Lou Maglia, alleging breach of contract in their joint-venture agreement.
South Korea's new minister of trade says his government is determined to pass legislation stiffening penalties against video and record pirates.
Multimedia posted a net income of $ 29.5 million (77 cents a share), for the first quarter, compared to a net profit of $ 10.4 million (28 cents) in the same quarter last year.
Rep. Ed Markey (D-Mass.) has become the latest politician who claims the Federal Communications Commission should consider job creation a factor in its final selection of a U.S. HDTV standard.
Granite Broadcasting Corp. reported first-quarter operating results. Net loss was narrowed to $ 1.8 million, or 42 cents per share, from $ 2.3 million (67 cents) -- which included a 10…
Syndicator King World Prods. reported its 33rd consecutive quarter of record operating results Wednesday. Net income for its second fiscal quarter that ended Feb. 28 soared 13% to $ 24.1 million…