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Rumor spurs Acclaim stock fall

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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…

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Oz cinemas post gain

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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…

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Ness a lock for FCC

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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…

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