Biz

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Financial Briefs

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Because an insufficient number of notes were tendered by the March 31 deadline, Carolco Pictures Inc. must cancel its tender offer and will return all of the 13% senior subordinated notes that were…

Marketplace

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Pearson bids to play

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Pearson, the expansionist British mediagroup, has staked its claim to become a major player in the interactive entertainment market by agreeing to pay $ 462 million for the Northern California firm…

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Biz caught in street's slide

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Entertainment stocks foundered along with the rest of Wall Street Wednesday, with the Dow Jones Industrial Average down 72.27 points to 3,626.75 -- a drop of 2% for the day and 8.8% since the Dow's…

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