Radio broadcasters won't be seeing a dramatic surge in values, despite Infinity's whopping $ 110 million purchase of a second L.A. station earlier this week.
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.
Steve Lovett, a former personal manager at the Beth Cannon Co., is going solo with his newly formed Lovett Management Co.
Prosecutors said Thursday they will not file sexual assault charges against actor Mario Lopez, who appears in the NBC-TV teen comedy "Saved by the Bell," because of a lack of evidence.
The owners of the "Dr. Seuss" and "Calvin and Hobbes" characters have won nearly $ 1.5 million for copyright and trademark infringements from a suit against a Los Angeles-based T-shirt maker.
Parties to the never-ending fin-syn fight locked horns again Thursday by asking the FCC to reconsider a decision setting in motion plans to eliminate the longstanding rules.
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.
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…