Information superhighway legislation that permits telephone company entry into the cable TV business and grants spectrum flexibility to broadcasters cleared the House Energy and Commerce Committee on…
MCA/Universal has cut itself a sweet deal. When the MetroRail station opens its doors on Lankershim Boulevard, a half-mile from the studio's theme park in North Hollywood, undoubtedly the studio will…
Privately held Continental Cablevision Inc., the nation's third-largest cable operator, said its revenues for the year ended Dec. 31 were $ 1.2 billion, a 5.7 % increase from 1992.
Acclaim Entertainment Inc. stock fell Wednesday on rumors that WMS Industries Inc., creator of the hit videogame, Mortal Kombat, will not renew a contract that allows Acclaim to re-package its games…
SFX Broadcasting said it will acquire radio station WYHY-FM in Nashville, Tenn., from Legacy Broadcasting Partners of Nashville LP.
Capital Cities/ABC surprised investors Tuesday with plans for a 10-for-1 stock split to be ratified at its annual meeting in May.
Broadcasters accused of overcharging politicians for campaign ads can heave a sigh of relief: The FCC does not appear inclined to levy big penalties against those stations facing complaints.
Entertainment/leisure group Amalgamated Holdings said its cinema division, which includes the Greater Union and Birch Carroll & Coyle circuits, boosted earnings in the six months ended last December…
Actors Equity prexy Ron Silver has gotten a thumbs-up from the union's nominating committee to run for a second three-year term.
The FCC is a step closer to playing with a full deck following President Clinton's decision Tuesday to nominate longtime friend and media investment banker Susan Ness to fill the vacant fifth and…