Matsushita Electric Industrial Co. posted lower third-quarter earnings and revenues as consumer demand for its gadgets continued to wane and a strong yen kept its products too expensive in overseas…
Snow White and a strong bottom line sent 6,000 Walt Disney Co. shareholders home happy Tuesday -- despite a gusher of red ink from Europe.
Iwerks Entertainment Inc. said it signed a definitive agreement to acquire Omni Films Intl. Inc. for about $ 34 million in cash and shares.
A Los Angeles Superior Court judge dismissed a suit by Roseanne Arnold's sister claiming that she was entitled to half of the comic's earnings, including revenues from the hit series "Roseanne,"…
The Federal Communications Commission on Tuesday lowered the boom a second time on the cable TV industry, slashing what the agency believes will be an extra 7% off the rates operators charge for…
Cable operators blasted the FCC's 3-0 decision Tuesday to cut cable TV rates another 7% -- on top of last year's 10% cut -- saying such action would further slow growth in the industry.
Turner Broadcasting System's fourth-quarter net profits dropped 67% to $ 10 million or 4 cents per share after a $ 5 million charge for debt retirement. Revenues slipped 0.6% to $ 535 million.
Cable TV operators crying foul over further FCC price rollbacks can take this for solace: Had chairman Reed Hundt had his way, it would have been worse.
Michael Lambert is head of Station Partners Group. His affiliation was incorrect in Tuesday's story about Ellis Communications' acquisition of Raycom Inc.
The full 10-member U.S. Court of Appeals for the D.C. Circuit has agreed to consider whether laws against "indecent" broadcast and cable programming are constitutional.