The Rank Organisation, the U.K.'s leading leisure and entertainment conglom, appeared last week to be the victim of a false rumor that it was scouting buyers for its Odeon cinema circuit, Pinewood…
Eastman Kodak Co. said it will take an after-tax restructuring charge in the third quarter of about $ 140 million, or 43 cents per share.
Pioneer is taking the heat for its relationship with Carolco.
Sony Corp. said a new large-screen TV series, which it said is its "most advanced" in design and technology, will be available Oct. 29. Trinitron XBR2 TV series consists of a pair of 32-inch models…
Carolco Pictures Inc. said it didn't make its interest payment due yesterday on its 10% convertible subordinated debentures due 2006.
Eric (Eazy E) Wright, one of the founders of the rap group N.W.A and the head of Ruthless Records, has filed a multimillion-dollar lawsuit that charges various incidents of racketeering, extortion…
News Corp.'s American depository shares withstood a falling Dow, bouncing up 1/4 to close at 35 1/8 in a day-after scramble by investors looking for a play in the company's latest global stock…
United Television Inc. posted earnings of $ 5.18 million (49 cents per share) for the three months ended Sept. 30, 1992, compared to a loss of $ 96,000 (1 cents) for the like period last year.
USA Today Sky Radio, a unit of Gannett Co., said it signed an agreement with CBS Radio, a unit of CBS Inc., to broadcast sports programming from Major League Baseball, the National Football League…
General Electric, parent of NBC, noted that its Summer Olympics broadcast posted an operating loss for the broadcasting unit for the third quarter. GE posted a slight increase in net income of $ 1.1…
The Supreme Court has refused to reinstate a pair of lawsuits that accused heavy metal rocker Ozzy Osbourne of inciting, through his music, the suicides of two teenagers.