Aussie film and TV producer-distribber the Becker Group on Thursday announced a 10.2% hike in post-tax profit to A$4.7 million ($3.5 million) on revenues of $29.4 million for the year ended June 30.
Former junk bond king Michael Milken appears to be cutting his ties to the new media business, revealing late Friday that he had sold about one-third of his holding in the troubled computer games…
Longtime international sales exec William J. Moraskie has ankled his post as president and chief operating officer of Capella Intl. after more than seven years as head of the company's international…
Even as staffers and stringers alike are being laid off from its sister Web site Cinemania --- which will be operational through March '98 but will rarely be "refreshed" with new content…
Food Lion's award from Capital Cities/ABC Inc. for a hidden-camera expose that accused the grocery chain of selling rat-gnawed cheese and rotting meat was reduced Friday from $5.5 million to…
For the first time since 1995, Congress is not trying to figure out a way to turn out the lights on public broadcasting.
Cost-cutting efforts and strong overseas sales helped boost Matsushita Electric Industrial Co.'s profits and revenues for the first fiscal quarter of 1997.
South Africa's premier exhib, Ster-Kinekor, is expanding into Europe with a plan to build 30 multiplexes over the next three years. The move represents a $150 million investment and is the company's…
More than half a million visitors are expected to attend this year's Intl. Consumer Electronics & Media Fair (IFA), which takes place Saturday through Sept. 7 in Berlin.
Media mogul Leo Kirch, under investigation for tax evasion by Munich public prosecutors, denied the accusations against him on Wednesday.