Subscriber and advertising revenue gains helped BET Holdings Inc. best Wall Street estimates with second-quarter earnings of $ 4.3 million or 21 cents per share, up more than 28% over the prior year.
Walt Disney Co. moved a step closer to building its American history theme park when state lawmakers agreed to provide $ 160 million in incentives.
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Kushner-Locke Co. raised $ 16.1 million in a convertible bond offering to pay for TV production and build its motion picture business, among other items.
The giant Euro Disney theme park will post more losses in fiscal 1993-94, even if the park's bankers and the Walt Disney Co. come to a refinancing agreement.
Seagram Co. continues to slake its thirst for Time Warner, buying somewhere between 3 million and 4 million shares in the past week alone, market sources estimated. Time Warner shares closed Friday…
Cox Cable and Southwestern Bell are going back to the negotiating table to rethink their $ 4.9 billion partnership in wake of the FCC's new cable rate regulations.
Viacom Inc. said Friday it has taken control of Paramount Communications. Viacom said it bought 61.66 million shares, or 50.1%, of Paramount.
In deals valued at more than $ 4.5 million, Showscan Corp. announced two sales of its simulation theater attractions to domestic casino/gaming establishments -- the Boomtown Hotel & Casino in Biloxi…
Jack Nicholson has settled a civil lawsuit with a motorist who accused the movie star of smashing his car windshield with a golf club during an altercation.
Tower Records has agreed to temporarily stop selling "On Stage With Eddie Fisher" after the singer's attorney claimed the compact discs were illegally recorded.
In a boost for broadcasters, the Clinton administration has signaled support for a plan permitting TV and radio stations to use part of their spectrum for data transmission and other new business…