Hughes Aircraft Co. announced a five-year contract to supply BellSouth Corp. with a cellular telephone networking system. The deal, estimated at $ 400 million, will cover 54 cities across the South…
Premiere Radio Networks Inc. bought nine syndicated programs from Olympia Networks of Missouri Inc., a move that nearly doubles the growing Sherman Oaks radio distributor output.
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After three months of desperately trying to consummate its proposed marriage to Viacom Inc., the board of Paramount Communications Tuesday put the entertainment giant up for auction.
A joint venture between media analyst Paul Kagan and the nation's 12th-largest cable operator acquired the rights to build a system in the United Kingdom that will provide both cable and telephone…
As if it didn't have enough to worry about, Paramount Communications Inc.'s second-quarter profits fell almost 7% to $ 96.8 million, or 80 cents per share, as poor film performance and higher…
Severe cost-cutting helped National Lampoon parent J2 Communications reverse last year's loss to earn $ 67,000 or 2 cents a share last quarter, despite declining revenues.
Producers Entertainment Group Ltd., producer of the CBS series "Dave's World" and the pic "What's Love Got to Do With It," signed a letter of intent to buy AND Interactive Communications Corp., a…
Australia's major investment managers and the brokerage community on Monday attacked News Corp. Ltd.'s proposed super voting shares as an erosion of rights of small shareholders.
Pacific Telesis Group, joining most of the nation’s other telcos, filed suit to provide video programming to customers in its telephone service area. The suit, filed in federal court in San Jose…
Carlton Communications has launched a T624 million ($ 924 million) takeover bid for Central Independent TV, the most profitable company in the ITV network.
The battle for Paramount Communications will have at least one more go-round in court. The Delaware Supreme Court Monday said it will hear an appeal -- brought by Paramount and Viacom -- of the…
2016-2017 Oscar Predictions