Biz

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Live, Bain near Ciby deal

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Live Entertainment and parent company Bain Capital are expected to nail down a deal this week to acquire a minority stake in Ciby 2000. Sources say Live chairman Mike Curcio expects to be winging to…

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Bronfman trims Time

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Universal Studios parent Seagram Co. Ltd. began its long-awaited exit from Time Warner Inc. Wednesday when it sold just over half its 11% stake to a group of institutional investors for about $1.39…

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Browsing the racks

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Time Warner Inc. confirmed Monday it will take a look at the IPC consumer magazine group that will be auctioned shortly by Reed Elsevier, but people close to TW played down the extent of its interest.

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WGA to talk peace

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Like warring nations tired of battle, the two fractured factions of the Writers Guild of America plan to sit today in New York and negotiate peace --- or at least a truce.

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Disney gives Hall $25 mil

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Kickstarting what had become a moribund project, the Walt Disney Co. Monday pledged a $25 million "challenge gift" toward the completion of the $200 million Walt Disney Concert Hall in downtown Los…

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