Kushner-Locke Co.'s net income soared to $ 944,000 (2 cents a share) for the fiscal first quarter that ended Dec. 31, vs. $ 290,000 (1 cents) in the same quarter last year. Revenues were up 76% to a…
News Corp. Ltd. posted higher revenues and better-than-expected earnings for the second fiscal quarter, in large part due to its Fox Broadcasting unit.
General Motors filed a lawsuit against NBC in Indiana yesterday, charging the web and an independent testing firm with defamation stemming from an installment of "Dateline NBC," which questioned the…
At least one investor believes in Westwood One's strategy to cut debt.
A group including New York money manager Mario Gabelli raised its stake in Intl.
Cineplex Odeon Corp. has ended its four-month lockout with the Motion Picture Projectionist and Video Technicians Union in Chicago with a contract that scales back wages from $ 118 an hour to $ 45 an…
Marvel Entertainment Group Inc. posted a 92.6% increase in net income for the fourth quarter, fueled by its acquisition of Fleer Corp.
A $ 150 million issue of Blockbuster Entertainment Corp. senior notes, due Feb. 15, 1998, was priced as 6 5/8% at 99.90 to yield 6.649%, 118 basis points above the five-year Treasury note.
President Clinton Friday named James Quello temporary chairman of the Federal Communications Commission until a permanent FCC head is named.
Senate Commerce Committee chairman Ernest Hollings (D-S.C.) last week offered legislation that would require broadcasters to air both sides of a controversial issue.
The Justice Dept. has reversed course and now says it will defend the must-carry provision of the new cable reregulation law that requires cablers to carry most local broadcast stations.