MCA Records has responded to an earlier lawsuit filed against it by Mattel by naming the toy manufacturer in a counterclaim that asserts Mattel made false and defamatory statements about the label.
Cable & Wireless Communications, the U.K.'s biggest cable operator, has released positive results for the six months ending Sept. 30 --- figures significantly buoyed by its April merger.
The often-asked question of which of Rupert Murdoch's three children will succeed him at the helm of global media colossus News Corp. has at last been answered. It'll be 26-year-old Lachlan, if "Sky…
Alliance Communications Corp. announced Monday that revenues and operating profit were up significantly for the second quarter and the first six months of the year, largely thanks to major gains in…
It's been dubbed the longest corporate malaise in Australian history, but after three years of funding crises and thwarted merger plans, beleaguered satcaster Galaxy on Monday admitted it would…
Screen Actors Guild prez Richard Masur has been elected to a second two-year term, defeating challengers Angel Angeltompkins cq and Terrence Beasor by a solid majority.
CBS' status as the biggest radio broadcaster may be under threat. Chancellor Media Corp. is negotiating a merger with Capstar Broadcasting, to form a radio giant with more than 400 radio stations…
The Writers Guild of America West's board of directors has appointed a three-member committee to investigate allegations of misconduct during the guild's Sept. 18 board and officer elections.
The ticker symbol "MGM" will in all likelihood be trading on the New York Stock Exchange by Thursday. Metro-Goldwyn-Mayer's $300 million stock offering is expected to go to market Wednesday, sources…
Hours after a class action lawsuit was filed on behalf of retirees and long-term employees of the Walt Disney Co., attorneys for both sides reached a tentative settlement. The deal must still be…