Agreeing to pay an estimated $350 million for the storied Los Angeles Dodgers, Fox Thursday laid the cornerstone of what is expected to become a U.S. sports empire, designed to complement News…
At least four shareholders in Lin Television have filed lawsuits to block the station group's planned $1.7 billion merger with a subsidiary of investment firm Hicks, Muse, Tate & Furst Inc.
Time Warner Inc. and Tele-Communications Inc. will form two partnerships to manage jointly owned cable systems serving one million customers in Texas in a deal that helps both cablers cut their debt…
Bruce Ramer, one of Hollywood's leading attorneys, has been tapped by Gov. Pete Wilson to join the California Economic Strategy Panel.
Carmike Cinemas Inc.'s stock plunged 10% Wednesday after the exhib warned that its third-quarter earnings would be lower than Wall Street expects "due to weakness" in the quarter's film product.
Satcaster DirecTV is being targeted in an investigation concerning possible consumer fraud by 20 state attorneys general responding to customer complaints about changes in the satellite provider's…
inergi Pictures Entertainment Inc. is expected today to announce final details of its liquidation, including the terms of chairman Andrew Vajna's offer price for the outstanding public stock.
Stateside hedge fund manager George Soros has bought $40 million out of a total of $250 million worth of bonds issued by PT Datakom Asia.
ABC prexy Preston Padden is being summoned by the Senate Commerce Committee to explain his plan to eschew high-definition television for a slate of lower-resolution TV channels.
Former junk bond king Michael Milken's divestments of stock in computer games company 7th Level Inc. were charitable donations, not sales, 7th Level said in a statement.