Claiming it owns the recording contract to hugely successful rock act No Doubt, Trauma Records has filed a $100 million lawsuit against Interscope Records, its distributor. Trauma also seeks to have…
With Reed Hundt's resignation official, it's time to handicap the front-runners to replace him as FCC chairman.
Stock in International Family Entertainment Inc. jumped $1.37 to $27 Tuesday on reports that Walt Disney Co. had joined News Corp. in bidding for the company.
Reed Hundt, arguably the most influential FCC chairman in the agency's 60-year history, announced Tuesday that he will step down as soon as the White House can find a replacement.
Evergreen Media Corp. is to raise $193 million in a placement of preferred stock to help finance its $1.075 billion acquisition of Viacom Inc.'s radio station group, the company said Tuesday.
An L.A. Superior Court judge let stand last month's $9.8 million jury award to producer-director Ron Shelton over profits to 20th Century Fox's "White Men Can't Jump" and denied the studio's request…
Kinnevik, one of Sweden's largest business conglomerates, voted today to spin off its broadcast and entertainment arm Modern Times Group (MTG) as a separate company.
Santa Monica College's new Academy of Entertainment and Technology may receive an added $1.25 million kick from the proposed 1997-98 budget of Gov. Pete Wilson. The state budget is scheduled to be…
The Senate approved by an 84-15 vote Friday a measure that calls on budget writers to cut spending if spectrum auctions fail to raise as much as revenue as they expect.
Union and studio reps came to terms on a revised contract proposal that at least temporarily averts a strike of about 140 studio tour drivers and garage mechanics at Universal Studios Hollywood.