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Cineplex back in black

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Cineplex Odeon Corp. posted its first operating profit since 1987 and cut its net losses by 82% in 1993 as the Toronto exhibitor continues to restructure its way back to health.

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Rogers bid rejected

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Maclean Hunter seems intent on playing hard to get. Four days after Rogers Communications made a $ C2.8 billion ($ 2.1 billion) bid to buy out Maclean Hunter, the takeover target has responded with a…

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Viacom wraps Par marathon

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After five months of plot twists and pricey rewrites, Viacom Inc. brought the curtain down on rival QVC Network Tuesday, making off with Paramount for $ 9 .85 billion or $ 80.16 per share, about $…

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Financial Briefs

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Iwerks Entertainment has signed an agreement to build simulated-motion theaters for the family entertainment centers being developed by Blockbuster Entertainment. Iwerks will also develop and produce…

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