A 2,952,800-share block of Home Shopping Network stock, representing 3.4% of the company's outstanding shares, was bought and sold at $ 10. HSN did not know who was behind the transaction.
Westwood One Inc. sold the assets of its Los Angeles radio station KQLZ-FM for $ 40 million in cash plus working capital to a Viacom Inc. unit. The company said the proceeds of the sale were used to…
Ana Steele, the acting senior deputy chair of the National Endowment for the Arts, is scheduled to testify today in front of a Congressional subcommittee as reauthorization hearings for the federal…
Infinity Broadcasting and two of its WJFK-FM, Washington, deejays have been sued for $ 50 million by a Baltimore woman who claims she was defamed during a broadcast earlier this year.
Twentieth Century Fox Film Corp. has sued a former legal department employee who prepared documents for microfilming for allegedly copying or taking originals of confidential contracts and notes…
The Federal Communications Commission's decision to delay a rollback in cable TV prices will cost consumers between $ 250 million and $ 300 million, the Consumer Federation of America and Rep. Ed…
Kerry Packer will make a joint bid for the Sydney Casino License with U.S. casino operator Circus Circus.
Runaway clients Roseanne and Tom Arnold are back home at the William Morris Agency, and is usual with them, there is chaos in their wake.
Time Warner Inc. Wednesday priced its convertible debt offering of $ 2.1 billion (principal amount at maturity) of Liquid Yield Option Notes (LYONs), due 2013.
As part of the ongoing restructuring of its balance sheet, Time Warner Inc. announced Tuesday that it filed a preliminary prospectus supplement for an offering of $ 2 billion principal amount of…
Sen. Paul Simon (D-Ill.) will be the luncheon speaker at the National Council for Families & Television's daylong, consciousness-raising leadership conference on violence in television programming…