Canal Plus, Europe's leading pay-TV group, has posted a 14.5% increase in net income for 1992. A company statement released yesterday said net income hit 1.1 billion francs ($ 197 million) and…
Capital Cities/ABC Inc. yesterday announced that its recently established Capital Cities Capital unit had made its first investment: A $ 4.75 million stake in YES! Entertainment Corp., a new…
Goldman Sachs & Co. analyst Richard Simon lowered his investment rating on New Line Cinema Corp. to "market performer" from "trading buy."
Sony got the green light from the EC Commission to purchase a large plot of land on Berlin's Potsdamer Platz for 101.1 million marks ($ 62 million). Sony will build its European headquarters on the…
Time Warner Inc. yesterday announced that its Time Warner Entertainment Co. limited partnership with Toshiba and Itochu has sold $ 1 billion of 83/8% senior debentures due 2023. The company said the…
Ron Howard and Brian Grazer and Imagine Films Entertainment Inc. announced that IFE Acquisition Co. Inc., a corporation controlled by Grazer and Howard, has completed its acquisition of Imagine and…
Business manager Lloyd Zeiderman has filed an $ 80 million suit in New York State Supreme Court against former client Barbara Bel Geddes charging that his business sustained severe losses after the…
A disagreement over rap group 2 Live Crew's parody of the Roy Orbison hit "Oh, Pretty Woman" will be used by the Supreme Court to resolve an important copyright law dispute.
Following confirmation yesterday of its $ 40 million acquisition of "Pirate Radio" station KQLZ-FM from Westwood One, sources said Viacom Intl. may replace the outlet's hard-rock sound with a "young…
Kim Basinger and ICM are back in the news again, as the actress has re-signed as a client of the agency.
French bank Credit Lyonnais, owner of MGM, yesterday posted a consolidated net loss for 1992 of 765 million francs ($ 139 million).