Sept. 12, 1993 -- Paramount Communications Inc. announces plan to merge with Viacom Intl. Inc. in a deal worth $ 8.2 billion or $ 69.14 per Par share -- 17.9 times cash flow.
Two financial companies have sued Cannon Pictures Inc. in U.S. District Court for more than $ 14 million related to an alleged breach of a film financing contract.
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Ed McMahon won another round in his libel suit against the Star as a Los Angeles Superior Court judge ordered the publication to divulge by Monday its source of a story regarding the “Star Search”…
The information superhighway already has too many roadblocks, according to Vice President Al Gore, who said the Clinton administration will support gradual removal of outdated regulatory hurdles…
Motion Picture Assn. of America prez Jack Valenti on Tuesday hailed the U.S. Dept. of Justice's recent lawsuit against two cable TV companies accused of failing to make more than $ 2.4 million in…
BellSouth Corp. asked a federal court in Birmingham, Ala., to declare unconstitutional certain sections of a 10-year-old federal cable law, similar to a suit it filed in Brentwood, Tenn. The suits…
While Wall Street continues to keep a vigil waiting for a clearer indication of a winner in the ongoing battle for Paramount Communications, financial sources said the auction process is still in its…
QVC Network increased its tender offer Monday for Paramount Communications Inc. to $ 92 per share. QVC late Monday made public its bid for 51% of outstanding Paramount shares and said Par had…
The Michael Jackson investigation took another twist Monday with the resignations of longtime Jackson attorney Bert Fields and security consultant Anthony Pellicano, and the surfacing of a new set of…
A coalition of five maverick IATSE locals is mad as hell about the ongoing contract talks with the producers' alliance, and they aren't going to ... well, you know.
Jackie Mason specializes in politically incorrect humor. And now, he can proclaim it on Broadway.