Congress is pressuring the FCC to reinstate the fairness doctrine, which required broadcasters to air both sides of a controversial issue. The rule was repealed in 1987.
Viacom Inc.'s newest member of top management expects the company to announce some top execs of the new Paramount-Viacom soon.
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The FCC is a step closer to playing with a full deck following President Clinton's decision Tuesday to nominate longtime friend and media investment banker Susan Ness to fill the vacant fifth and…
SFX Broadcasting said it will acquire radio station WYHY-FM in Nashville, Tenn., from Legacy Broadcasting Partners of Nashville LP.
Capital Cities/ABC surprised investors Tuesday with plans for a 10-for-1 stock split to be ratified at its annual meeting in May.
Actors Equity prexy Ron Silver has gotten a thumbs-up from the union's nominating committee to run for a second three-year term.
Entertainment/leisure group Amalgamated Holdings said its cinema division, which includes the Greater Union and Birch Carroll & Coyle circuits, boosted earnings in the six months ended last December…
Euro Disney's key bankers and the Walt Disney Co. have agreed to back a rescue package believed to be worth around 13 billion French francs ($ 2.2 billion), likely ending a months-long stalemate over…
Australian entertainment group Village Roadshow Ltd. boosted after-tax operating profit by 147% to $ A9.06 million ($ 6.34 million) in the half-year to last December.
Billionaire financier George Soros said Monday he is "in active negotiations" to buy the archives and research unit of U.S.-funded Radio Free Europe, but denied he plans to buy the radio station…
Subscriber and advertising revenue gains helped BET Holdings Inc. best Wall Street estimates with second-quarter earnings of $ 4.3 million or 21 cents per share, up more than 28% over the prior year.