Westinghouse Electric yesterday reported a net loss for 1992, due to its exit from the financial services business and the adoption of new accounting standards.
NBC parent General Electric reported a 7% increase in earnings for 1992 to $ 4.725 billion ($ 5.51 per share) from $ 4.435 billion ($ 5.10 per share) in 1991.
Katz Communications, a television and radio station rep firm, has created Katz Hispanic Media, a stand-alone company developed to handle representation for Hispanic media outlets.
L'Ermitage Hotel in Beverly Hills, a hangout for celebrities and rich wanderers, was bought for about $ 12 million by a New York-based investment partnership, La Hotel Properties.
Having watched Hollywood help bankroll Bill Clinton's presidential campaign and pitch the wildest inauguration bash in memory, D.C. insiders are asking: What does Tinseltown want in return?
The ongoing battle between Credit Lyonnais Bank Nederland and former MGM-owner Kirk Kerkorian has taken a conflict-of-interest twist when CLBN asked L.A. Superior Court to rule that the law firm…
The ongoing crossfire between French-owned Credit Lyonnais Bank Nederland and Epic Prods.' Eduard Sarlui and Moshe Diamant escalated yesterday when CLBN filed a cross-complaint claiming the pair…
Eastman Kodak Co. yesterday announced a series of aggressive actions to improve the company's performance, including large layoffs, mostly in the film imaging group.
Fox Inc. says the majority of Los Angeles residents support its expansion and renovation plans-- including those living in areas adjacent to the Century City-based studio.
Two powerhouses in their respective fields--Creative Artists Agency and Nike--are teaming up to develop sports-related entertainment projects.
Diane English and Joel Shukovsky scored a first-round knockdown yesterday in their fight against the Intl. Alliance of Theatrical Stage Employees.