Biz

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TW, News Corp. court-shy

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Insiders said that lawyers for Time Warner and News Corp. are negotiating behind the scenes to settle out of court an antitrust suit filed last year by Rupert Murdoch after Time Warner Cable of New…

Marketplace

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TW surges 25% in 2nd qtr.

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Strength at Warner Bros., Turner cable networks and cable systems offset a big downturn at Warner Music and helped Time Warner Inc. report a $30 million net profit for the second quarter, up from a…

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U cleans out inhouse by 115 jobs

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Universal Studios, responding to producer requests for more authority in the staffing of specific pics, announced Wednesday that it was slashing its inhouse production staff by 115 full-time jobs in…

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Tax plank sacked

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In a victory for industry freelancers, a bill that would give Los Angeles and other charter cities access to personal tax records has been voted down by the California Senate Appropriations Committee.

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