Viacom chairman Sumner Redstone is getting ready to pay Blockbuster shareholders a visit, but he may find them less than hospitable.
A slew of negative news has reversed the early 1994 rally in cable shares, deepening an overall stock market slide prompted by rising U.S. interest rates.
SUBSCRIBE TO VARIETY TODAY.
President Clinton has selected San Francisco telecommunications lawyer Rachelle B. Chong to fill one of two vacancies at the Federal Communications Commission.
Cost-cutting and stringent debt control have been cited as key factors in a return to profit for the Dutch electronics giant Philips following three loss-plagued years.
IMAX Corp. completed its merger with the Trumbull Co., bringing together innovators in large-format film and special effects, in a $ 100 million deal. WGIM Acquisition Corp. acquired both companies…
Debt-ridden Euro Disney may have longer than until March 31 to agree to a rescue package with its bankers before parent company Walt Disney Co. stops funding the theme park, a banker close to rescue…
Cable giant Tele-Communications Inc. on Thursday outlined plans for major restructuring that analysts said could pave the way for creation of separate, stand-alone, public companies down the road.
Jane Alexander has used her clout as chairwoman of the National Endowment for the Arts to intercede on behalf of the Lula Washington Los Angeles Contemporary Dance Theater after it appeared the…
The second uptick in interest rates in as many months has thrown U.S. financial markets for a loop. Cable operators who are interest-rate sensitive are particularly anxious.
As bankers prepare for a Friday meeting on the Euro Disney audit, some bank officials already say it is too early for them to agree on the park's cash needs or on refinancing proposals.
Claiming the Directors Guild of America is selling out its rank and file to benefit a minority of wealthy directors, a group of angry DGA members have filed a class-action lawsuit to reverse sweeping…