Metro-Goldwyn-Mayer Inc. said it has redeemed the entire outstanding principal amount, about $ 108 million, of its 13% subordinated debentures due Dec. 15, 1996. The redemption is in accordance with…
Seagram Company Ltd. has purchased another 4.5 million shares of Time Warner Inc., increasing its stake in the media and entertainment conglomerate to 9.3%, or about $ 1.54 billion.
Struggling to close their contract battle before the holidays, the IATSE and the producers bargained into the early hours Saturday, but once more left the table without a pact.
In a $ 1 billion roll of the dice, MGM mogul Kirk Kerkorian opened the MGM Grand, the world's biggest hotel and casino, Friday night amid a Hollywood flourish of celebrities and glitz despite the…
National Research Group head Joe Farrell circulated a memo to his entertainment industry clients last Friday that denied charges in a Wall Street Journal article that his company doctors film test…
Euro Disney SCA chairman Philippe Bourguignon refused to say whether Euro Disney had considered filing for bankruptcy.
Black women's groups urged a national crusade Friday to persuade the music industry to clean up violent gangsta rap lyrics that they said demean and threaten women.
The world's biggest resort isn't even open yet, and already MGM Grand executives are talking about expansion.
Two consumer groups on Wednesday asked the Federal Communications Commission to limit the national subscriber reach of any one cable TV company to between 10 % and 20%.
Las Vegas's first theme park, MGM Grand Adventures sprawls over 33 acres of land -- only two acres fewer than Disneyland in Anaheim covered when it opened.