Sony Pictures Entertainment may not be in the basketball business any time soon, but local sports experts said yesterday the movie and TV giant has good reason to be eying the Los Angeles Lakers.
Oppenheimer & Co.'s Jessica Reif lowered her rating on News Corp., parent of Fox Inc. and 20th Century Fox Studio, from a buy to "market performer."
Prism Entertainment reported net income of $ 192,000 (9 cents per share) for the three months ended Oct. 31, an 88% increase over net income of $ 102,000 (5 cents) for the same period a year ago.
Loss-ridden NHI Nelson Holdings International has announced it will dispose of a majority of its equity interest in Nelson Vending Technology Ltd., a subsid , to a privately held Ontario corporation.
ABC's proposed buyout offer to non-union employees will probably be sent out later this week, with pay-outs to be based on a scale calculated by years of service and salary level.
Video Jukebox Network Inc. said it is "in discussions with several groups relative to a possible investment, or acquisition of controlling interest," in the company.
Titles of designers for the new Fox series "Shaky Ground" were mixed up in Friday's review: David Sackeroff is the art director, Michael Foxworthy is set decorator.
Entertainment unions are in the midst of an era of mergers. As businesses merge into conglomerates, so do unions, matching muscle with muscle.
Time Warner sold innovative bonds Friday in what Wall Street expects will be the largest transaction completed by the company to liquidate some of its stock stakes and raise fresh cash.
Home Shopping Network reported net earnings of $ 5.8 million (7 cents per share), for three months ending Nov. 30. The earnings are down 55% from $ 13.1 million(15 cents ) in the comparable period…
A U.S. district court in Los Angeles has awarded Victorville broadcaster Sunbelt Television nearly $ 1 million in damages from Jones Intercable for the cabler's refusal to carry its signal.